HOSE:ITC Income Statement

Financials in millions VND. Fiscal year is January - December.

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	737,574	572,743	529,016	815,913	718,039
Revenue Growth (YoY)	28.78%	8.27%	-35.16%	13.63%	-22.08%
Cost of Revenue	487,323	380,500	303,979	472,075	450,591
Gross Profit	250,251	192,244	225,037	343,838	267,448
Selling, General & Admin	110,239	68,767	64,670	84,170	78,245
Operating Expenses	110,239	68,767	64,670	84,170	78,245
Operating Income	140,012	123,476	160,367	259,669	189,203
Interest Expense	-78,766	-76,936	-83,542	-46,006	-57,655
Interest & Investment Income	7,768	902.01	1,708	2,136	1,825
Earnings From Equity Investments	-570.4	-708.96	-962.34	-2,419	-175.78
Other Non Operating Income (Expenses)	31,297	21,796	47,203	-4,687	28,820
EBT Excluding Unusual Items	99,740	68,529	124,773	208,692	162,018
Gain (Loss) on Sale of Investments	-	-	-	-3,100	8,925
Gain (Loss) on Sale of Assets	-	125.83	-	-	-
Other Unusual Items	-	-	-	4,545	5,244
Pretax Income	99,740	68,655	124,773	210,136	176,187
Income Tax Expense	30,433	36,100	36,811	54,538	37,661
Earnings From Continuing Operations	69,308	32,555	87,962	155,599	138,526
Minority Interest in Earnings	-15,925	361.15	-9,948	-4,014	-2,458
Net Income	53,383	32,916	78,013	151,585	136,068
Preferred Dividends & Other Adjustments	-	658.32	2,593	3,032	2,721
Net Income to Common	53,383	32,258	75,421	148,553	133,346
Net Income Growth	62.18%	-57.81%	-48.54%	11.40%	-3.81%
Shares Outstanding (Basic)	100	96	96	96	96
Shares Outstanding (Diluted)	100	96	96	96	96
Shares Change (YoY)	4.01%	-	-	-	-
EPS (Basic)	535.00	336.24	786.16	1548.48	1389.96
EPS (Diluted)	535.00	335.00	786.00	1548.48	1389.96
EPS Growth	59.70%	-57.38%	-49.24%	11.40%	-0.52%
Free Cash Flow	401,624	-170,312	152,334	48,372	107,561
Free Cash Flow Per Share	4025.07	-1775.28	1587.89	504.22	1121.18
Gross Margin	33.93%	33.56%	42.54%	42.14%	37.25%
Operating Margin	18.98%	21.56%	30.31%	31.83%	26.35%
Profit Margin	7.24%	5.63%	14.26%	18.21%	18.57%
Free Cash Flow Margin	54.45%	-29.74%	28.80%	5.93%	14.98%
EBITDA	189,136	188,186	206,649	319,863	232,318
EBITDA Margin	25.64%	32.86%	39.06%	39.20%	32.35%
D&A For EBITDA	49,124	64,710	46,281	60,194	43,114
EBIT	140,012	123,476	160,367	259,669	189,203
EBIT Margin	18.98%	21.56%	30.31%	31.83%	26.35%
Effective Tax Rate	30.51%	52.58%	29.50%	25.95%	21.38%
Revenue as Reported	737,574	572,743	529,016	815,913	718,039

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.