HOSE:LAF 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	616,022	465,961	431,496	509,816	415,382
Revenue Growth (YoY)	32.20%	7.99%	-15.36%	22.73%	2.49%
Cost of Revenue	521,148	362,905	354,248	428,530	334,344
Gross Profit	94,874	103,056	77,248	81,287	81,038
Selling, General & Admin	34,361	42,647	31,977	30,172	35,622
Operating Expenses	34,361	42,647	31,977	30,172	35,622
Operating Income	60,513	60,409	45,271	51,115	45,416
Interest Expense	-10,029	-10,699	-14,510	-9,808	-3,734
Interest & Investment Income	10,645	915.79	235.99	911.43	1,081
Currency Exchange Gain (Loss)	-	8,632	6,285	-8,343	2,363
Other Non Operating Income (Expenses)	-10,538	-2,166	-1,077	-1,489	-1,905
EBT Excluding Unusual Items	50,591	57,092	36,205	32,386	43,221
Gain (Loss) on Sale of Investments	-	-266.16	-	-	-8.93
Other Unusual Items	-	-	-	191.19	26.42
Pretax Income	50,591	56,826	36,205	32,577	43,238
Income Tax Expense	10,466	11,871	7,587	6,835	3,607
Net Income	40,125	44,954	28,618	25,742	39,631
Preferred Dividends & Other Adjustments	-	6,747	2,395	1,287	5,692
Net Income to Common	40,125	38,207	26,223	24,455	33,939
Net Income Growth	-10.74%	57.08%	11.17%	-35.05%	63.41%
Shares Outstanding (Basic)	15	15	15	15	15
Shares Outstanding (Diluted)	15	15	15	15	15
Shares Change (YoY)	1.90%	1.47%	-	-	-
EPS (Basic)	2635.00	2556.62	1780.48	1660.46	2304.39
EPS (Diluted)	2635.00	2556.62	1780.48	1660.00	2304.00
EPS Growth	3.07%	43.59%	7.26%	-27.95%	50.69%
Free Cash Flow	-177,619	81,841	83,308	-118,556	-16,345
Free Cash Flow Per Share	-11664.20	5476.37	5656.45	-8049.69	-1109.79
Dividend Per Share	-	1500.000	1500.000	1500.000	-
Gross Margin	15.40%	22.12%	17.90%	15.94%	19.51%
Operating Margin	9.82%	12.96%	10.49%	10.03%	10.93%
Profit Margin	6.51%	8.20%	6.08%	4.80%	8.17%
Free Cash Flow Margin	-28.83%	17.56%	19.31%	-23.25%	-3.94%
EBITDA	77,068	74,738	57,940	62,438	55,233
EBITDA Margin	12.51%	16.04%	13.43%	12.25%	13.30%
D&A For EBITDA	16,555	14,329	12,669	11,323	9,817
EBIT	60,513	60,409	45,271	51,115	45,416
EBIT Margin	9.82%	12.96%	10.49%	10.03%	10.93%
Effective Tax Rate	20.69%	20.89%	20.96%	20.98%	8.34%
Revenue as Reported	616,022	465,961	431,496	509,816	415,382
Advertising Expenses	-	2,896	2,240	1,465	1,874

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