Long An Food Processing Export JSC (HOSE: LAF)

LAF Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	446,342	431,496	509,816	415,382	405,277	468,603
Revenue Growth (YoY)	-15.60%	-15.36%	22.73%	2.49%	-13.51%	-18.19%
Cost of Revenue	350,646	354,248	428,530	334,344	353,503	420,962
Gross Profit	95,696	77,248	81,287	81,038	51,774	47,641
Selling, General & Admin	35,177	31,977	30,172	35,622	26,387	25,511
Operating Expenses	35,177	31,977	30,172	35,622	26,387	25,511
Operating Income	60,519	45,271	51,115	45,416	25,387	22,129
Interest Expense	-5,424	-6,722	-9,808	-3,734	-3,179	-5,318
Interest & Investment Income	1,296	235.99	911.43	1,081	685.72	724.46
Currency Exchange Gain (Loss)	-1,503	-1,503	-8,343	2,363	1,535	799.69
Other Non Operating Income (Expenses)	-2,050	-1,429	-1,489	-1,905	-52.07	-463.27
EBT Excluding Unusual Items	52,837	35,853	32,386	43,221	24,377	17,873
Gain (Loss) on Sale of Investments	-	-	-	-8.93	-	-
Gain (Loss) on Sale of Assets	71.35	71.35	-	-	-445.43	-
Other Unusual Items	280.36	280.36	191.19	26.42	322.06	-
Pretax Income	53,189	36,205	32,577	43,238	24,253	17,873
Income Tax Expense	11,058	7,587	6,835	3,607	-	-
Net Income	42,131	28,618	25,742	39,631	24,253	17,873
Preferred Dividends & Other Adjustments	-	-	1,287	5,692	1,735	-
Net Income to Common	42,131	28,618	24,455	33,939	22,518	17,873
Net Income Growth	58.04%	11.17%	-35.05%	63.41%	35.70%	-
Shares Outstanding (Basic)	15	15	15	15	15	15
Shares Outstanding (Diluted)	15	15	15	15	15	15
Shares Change (YoY)	0.64%	-	-	-	-	-
EPS (Basic)	2842.13	1943.09	1660.46	2304.39	1528.93	1213.51
EPS (Diluted)	2842.04	1943.00	1660.00	2304.00	1528.93	1213.51
EPS Growth	65.05%	17.05%	-27.95%	50.69%	25.99%	-
Free Cash Flow	125,104	83,308	-118,556	-16,345	66,149	-13,441
Free Cash Flow Per Share	8439.38	5656.45	-8049.69	-1109.79	4491.40	-912.62
Dividend Per Share	1500.000	1500.000	1500.000	-	-	-
Gross Margin	21.44%	17.90%	15.94%	19.51%	12.77%	10.17%
Operating Margin	13.56%	10.49%	10.03%	10.93%	6.26%	4.72%
Profit Margin	9.44%	6.63%	4.80%	8.17%	5.56%	3.81%
Free Cash Flow Margin	28.03%	19.31%	-23.25%	-3.93%	16.32%	-2.87%
EBITDA	74,382	57,790	62,438	55,233	34,787	30,347
EBITDA Margin	16.66%	13.39%	12.25%	13.30%	8.58%	6.48%
D&A For EBITDA	13,863	12,519	11,323	9,817	9,400	8,218
EBIT	60,519	45,271	51,115	45,416	25,387	22,129
EBIT Margin	13.56%	10.49%	10.03%	10.93%	6.26%	4.72%
Effective Tax Rate	20.79%	20.96%	20.98%	8.34%	-	-
Revenue as Reported	446,342	431,496	509,816	415,382	405,277	468,603
Advertising Expenses	-	2,240	1,465	1,874	804.31	1,124

Source: S&P Capital IQ. Standard template. Financial Sources.