Nam Kim Steel JSC (HOSE:NKG)

Nam Kim Steel JSC Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	13,979,403	14,808,145	20,609,022	18,595,974	23,071,247	28,173,402
Revenue Growth (YoY)	-27.97%	-28.15%	10.82%	-19.40%	-18.11%	143.72%
Cost of Revenue	13,372,301	14,022,971	18,777,248	17,483,711	21,589,887	23,903,545
Gross Profit	607,102	785,174	1,831,774	1,112,263	1,481,361	4,269,857
Selling, General & Admin	488,463	554,824	1,137,840	739,414	1,388,107	1,520,672
Operating Expenses	488,463	554,824	1,137,840	739,414	1,388,107	1,520,672
Operating Income	118,640	230,350	693,934	372,849	93,253	2,749,185
Interest Expense	-219,642	-219,642	-207,841	-292,680	-262,466	-182,427
Interest & Investment Income	109,999	109,999	28,352	18,761	28,836	15,154
Currency Exchange Gain (Loss)	6,309	6,309	42,517	77,004	33,044	30,261
Other Non Operating Income (Expenses)	169,649	113,827	1,209	1,376	419.66	-50,145
EBT Excluding Unusual Items	184,955	240,843	558,170	177,311	-106,913	2,562,029
Pretax Income	184,955	240,843	558,170	177,311	-106,913	2,562,029
Income Tax Expense	31,802	43,747	105,162	59,902	17,772	336,768
Earnings From Continuing Operations	153,154	197,096	453,008	117,409	-124,685	2,225,261
Minority Interest in Earnings	895.93	25.93	-	-	-	-
Net Income	154,049	197,122	453,008	117,409	-124,685	2,225,261
Preferred Dividends & Other Adjustments	3,942	3,942	27,180	4,696	-	69,470
Net Income to Common	150,108	193,180	425,828	112,712	-124,685	2,155,791
Net Income Growth	-58.17%	-56.49%	285.84%	-	-	653.64%
Shares Outstanding (Basic)	-	427	316	316	316	306
Shares Outstanding (Diluted)	-	427	316	316	316	306
Shares Change (YoY)	-	35.16%	-	0.02%	3.20%	-0.18%
EPS (Basic)	-	452.40	1347.85	356.76	-394.73	7043.42
EPS (Diluted)	-	452.00	1347.85	356.76	-395.00	7043.33
EPS Growth	-	-66.47%	277.80%	-	-	654.08%
Free Cash Flow	-2,071,852	-2,103,820	-1,444,393	138,326	-1,039,081	-453,340
Free Cash Flow Per Share	-	-4926.82	-4571.85	437.83	-3289.58	-1481.16
Dividend Per Share	-	-	-	-	-	694.444
Dividend Growth	-	-	-	-	-	300.00%
Gross Margin	4.34%	5.30%	8.89%	5.98%	6.42%	15.16%
Operating Margin	0.85%	1.56%	3.37%	2.00%	0.40%	9.76%
Profit Margin	1.07%	1.31%	2.07%	0.61%	-0.54%	7.65%
Free Cash Flow Margin	-14.82%	-14.21%	-7.01%	0.74%	-4.50%	-1.61%
EBITDA	483,250	591,005	1,064,104	748,676	471,033	3,128,019
EBITDA Margin	3.46%	3.99%	5.16%	4.03%	2.04%	11.10%
D&A For EBITDA	364,610	360,656	370,170	375,827	377,779	378,834
EBIT	118,640	230,350	693,934	372,849	93,253	2,749,185
EBIT Margin	0.85%	1.56%	3.37%	2.00%	0.40%	9.76%
Effective Tax Rate	17.19%	18.16%	18.84%	33.78%	-	13.15%
Revenue as Reported	13,979,403	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.