Masan Group Income Statement

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

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	2018 - 2014
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Jan '21 Jan 1, 2021	Jan '20 Jan 1, 2020	2019 - 2015
Revenue	79,926,125	78,251,619	76,189,225	88,628,767	77,217,808	37,354,087	Upgrade
Revenue Growth (YoY)	3.16%	2.71%	-14.04%	14.78%	106.72%	-2.18%	Upgrade
Cost of Revenue	57,046,069	56,130,507	55,154,201	66,493,966	59,329,111	26,412,939	Upgrade
Gross Profit	22,880,056	22,121,112	21,035,024	22,134,801	17,888,697	10,941,148	Upgrade
Selling, General & Admin	18,595,272	17,942,357	16,365,853	15,851,307	16,206,983	6,098,303	Upgrade
Operating Expenses	18,595,272	17,942,357	16,365,853	15,851,307	16,206,983	6,098,303	Upgrade
Operating Income	4,284,784	4,178,755	4,669,171	6,283,494	1,681,714	4,842,845	Upgrade
Interest Expense	-7,119,746	-7,422,409	-5,345,947	-5,259,697	-4,008,435	-2,010,975	Upgrade
Interest & Investment Income	2,021,187	1,967,431	878,418	629,639	754,154	285,295	Upgrade
Earnings From Equity Investments	4,516,762	3,895,982	4,339,650	3,896,641	2,640,068	2,182,410	Upgrade
Currency Exchange Gain (Loss)	-233,786	-36,570	-287,046	208,162	-47,308	30,402	Upgrade
Other Non Operating Income (Expenses)	-261,460	-121,057	290,939	-33,601	117,604	-331,940	Upgrade
EBT Excluding Unusual Items	3,207,741	2,462,132	4,545,185	5,724,638	1,137,797	4,998,037	Upgrade
Gain (Loss) on Sale of Investments	24,578	-	642,110	5,699,147	-	-	Upgrade
Gain (Loss) on Sale of Assets	-16,442	-16,442	-82,865	-22,327	-154,591	84,493	Upgrade
Legal Settlements	-	-	-	-	-	2,022,560	Upgrade
Other Unusual Items	117,107	117,107	-	-	1,341,633	-	Upgrade
Pretax Income	3,333,161	2,562,974	5,147,150	11,488,784	2,324,839	7,105,090	Upgrade
Income Tax Expense	907,059	693,047	392,766	1,387,403	929,826	740,475	Upgrade
Earnings From Continuing Operations	2,426,102	1,869,927	4,754,384	10,101,381	1,395,013	6,364,615	Upgrade
Minority Interest in Earnings	-1,720,683	-1,451,232	-1,187,388	-1,538,499	-161,031	-807,044	Upgrade
Net Income	705,419	418,695	3,566,996	8,562,882	1,233,982	5,557,571	Upgrade
Net Income to Common	705,419	418,695	3,566,996	8,562,882	1,233,982	5,557,571	Upgrade
Net Income Growth	-46.17%	-88.26%	-58.34%	593.92%	-77.80%	13.04%	Upgrade
Shares Outstanding (Basic)	1,444	1,426	1,420	1,414	1,405	1,399	Upgrade
Shares Outstanding (Diluted)	1,444	1,426	1,420	1,414	1,405	1,399	Upgrade
Shares Change (YoY)	1.43%	0.39%	0.48%	0.59%	0.42%	8.19%	Upgrade
EPS (Basic)	488.46	293.62	2511.22	6057.41	878.10	3971.39	Upgrade
EPS (Diluted)	488.46	293.62	2511.22	6057.41	878.10	3971.39	Upgrade
EPS Growth	-46.93%	-88.31%	-58.54%	589.83%	-77.89%	4.48%	Upgrade
Free Cash Flow	971,680	-1,728,334	-7,954,173	-1,661,514	-2,326,863	941,530	Upgrade
Free Cash Flow Per Share	672.84	-1212.03	-5599.85	-1175.36	-1655.80	672.81	Upgrade
Dividend Per Share	-	-	-	1000.000	-	833.333	Upgrade
Gross Margin	28.63%	28.27%	27.61%	24.97%	23.17%	29.29%	Upgrade
Operating Margin	5.36%	5.34%	6.13%	7.09%	2.18%	12.96%	Upgrade
Profit Margin	0.88%	0.54%	4.68%	9.66%	1.60%	14.88%	Upgrade
Free Cash Flow Margin	1.22%	-2.21%	-10.44%	-1.87%	-3.01%	2.52%	Upgrade
EBITDA	8,196,733	8,186,502	9,075,694	10,915,173	6,265,703	7,591,429	Upgrade
EBITDA Margin	10.26%	10.46%	11.91%	12.32%	8.11%	20.32%	Upgrade
D&A For EBITDA	3,911,949	4,007,747	4,406,523	4,631,679	4,583,989	2,748,584	Upgrade
EBIT	4,284,784	4,178,755	4,669,171	6,283,494	1,681,714	4,842,845	Upgrade
EBIT Margin	5.36%	5.34%	6.13%	7.09%	2.18%	12.96%	Upgrade
Effective Tax Rate	27.21%	27.04%	7.63%	12.08%	40.00%	10.42%	Upgrade
Revenue as Reported	79,926,125	78,251,619	76,189,225	88,628,767	77,217,808	37,354,087	Upgrade
Advertising Expenses	-	4,492,698	2,940,360	3,308,859	3,071,506	2,004,770	Upgrade

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