Nam Kim Steel JSC (HOSE:NKG)

Nam Kim Steel JSC Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	14,808,145	20,609,022	18,595,974	23,071,247	28,173,402
Revenue Growth (YoY)	-28.15%	10.82%	-19.40%	-18.11%	143.72%
Cost of Revenue	14,022,971	18,777,248	17,483,711	21,589,887	23,903,545
Gross Profit	785,174	1,831,774	1,112,263	1,481,361	4,269,857
Selling, General & Admin	554,824	1,137,840	739,414	1,388,107	1,520,672
Operating Expenses	554,824	1,137,840	739,414	1,388,107	1,520,672
Operating Income	230,350	693,934	372,849	93,253	2,749,185
Interest Expense	-219,642	-207,841	-292,680	-262,466	-182,427
Interest & Investment Income	214,162	28,352	18,761	28,836	15,154
Currency Exchange Gain (Loss)	-	42,517	77,004	33,044	30,261
Other Non Operating Income (Expenses)	15,973	1,209	1,376	419.66	-50,145
EBT Excluding Unusual Items	240,843	558,170	177,311	-106,913	2,562,029
Pretax Income	240,843	558,170	177,311	-106,913	2,562,029
Income Tax Expense	43,656	105,162	59,902	17,772	336,768
Earnings From Continuing Operations	197,187	453,008	117,409	-124,685	2,225,261
Minority Interest in Earnings	25.93	-	-	-	-
Net Income	197,213	453,008	117,409	-124,685	2,225,261
Preferred Dividends & Other Adjustments	-	-	4,696	-	69,470
Net Income to Common	197,213	453,008	112,712	-124,685	2,155,791
Net Income Growth	-56.47%	285.84%	-	-	653.64%
Shares Outstanding (Basic)	448	316	316	316	306
Shares Outstanding (Diluted)	448	316	316	316	306
Shares Change (YoY)	41.67%	-	0.02%	3.20%	-0.18%
EPS (Basic)	440.63	1433.88	356.76	-394.73	7043.42
EPS (Diluted)	440.63	1433.88	356.76	-395.00	7043.33
EPS Growth	-69.27%	301.92%	-	-	654.08%
Free Cash Flow	-2,103,950	-1,444,393	138,326	-1,039,081	-453,340
Free Cash Flow Per Share	-4700.82	-4571.85	437.83	-3289.58	-1481.16
Dividend Per Share	-	-	-	-	694.444
Dividend Growth	-	-	-	-	300.00%
Gross Margin	5.30%	8.89%	5.98%	6.42%	15.16%
Operating Margin	1.56%	3.37%	2.00%	0.40%	9.76%
Profit Margin	1.33%	2.20%	0.61%	-0.54%	7.65%
Free Cash Flow Margin	-14.21%	-7.01%	0.74%	-4.50%	-1.61%
EBITDA	591,005	1,062,612	748,676	471,033	3,128,019
EBITDA Margin	3.99%	5.16%	4.03%	2.04%	11.10%
D&A For EBITDA	360,656	368,678	375,827	377,779	378,834
EBIT	230,350	693,934	372,849	93,253	2,749,185
EBIT Margin	1.56%	3.37%	2.00%	0.40%	9.76%
Effective Tax Rate	18.13%	18.84%	33.78%	-	13.15%
Revenue as Reported	14,808,145	20,609,022	18,595,974	23,071,247	28,173,402

Source: S&P Global Market Intelligence. Standard template. Financial Sources.