HOSE:NT2 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	7,803,523	5,943,679	6,385,885	8,787,691	6,149,584
Revenue Growth (YoY)	31.29%	-6.93%	-27.33%	42.90%	1.11%
Operations & Maintenance	322.83	796.3	924.77	1,452	-
Selling, General & Admin	51,486	36,267	39,968	40,891	30,374
Depreciation & Amortization	6,825	6,726	6,765	8,151	8,034
Provision for Bad Debts	-24,316	-	-16,900	41,216	-
Other Operating Expenses	6,751,504	5,929,544	5,913,837	7,745,887	5,518,292
Total Operating Expenses	6,785,822	5,973,333	5,944,595	7,837,599	5,556,700
Operating Income	1,017,701	-29,655	441,290	950,093	592,883
Interest Expense	-64,691	-34,930	-33,843	-15,367	-20,346
Interest Income	167,462	94,659	98,683	20,507	10,721
Net Interest Expense	102,771	59,729	64,839	5,140	-9,625
Currency Exchange Gain (Loss)	1,234	1,558	7,547	1,640	2,953
Other Non-Operating Income (Expenses)	1,058	72,324	-74.2	-13,837	-20,372
EBT Excluding Unusual Items	1,122,764	103,957	513,602	943,036	565,839
Pretax Income	1,122,764	103,957	513,602	943,036	565,839
Income Tax Expense	123,083	21,063	40,525	59,618	32,050
Net Income	999,681	82,894	473,077	883,417	533,789
Preferred Dividends & Other Adjustments	28,150	3,400	28,150	31,379	28,154
Net Income to Common	971,531	79,494	444,927	852,038	505,635
Net Income Growth	1105.98%	-82.48%	-46.45%	65.50%	-14.63%
Shares Outstanding (Basic)	288	288	288	288	288
Shares Outstanding (Diluted)	288	288	288	288	288
EPS (Basic)	3374.83	276.14	1545.55	2959.74	1756.43
EPS (Diluted)	3374.83	276.14	1545.55	2959.74	1756.43
EPS Growth	1122.14%	-82.13%	-47.78%	68.51%	-16.18%
Free Cash Flow	994,030	524,152	853,188	1,381,952	1,071,440
Free Cash Flow Per Share	3452.98	1820.75	2963.74	4800.51	3721.88
Dividend Per Share	-	700.000	1500.000	2500.000	1650.000
Dividend Growth	-	-53.33%	-40.00%	51.52%	-17.50%
Profit Margin	12.45%	1.34%	6.97%	9.70%	8.22%
Free Cash Flow Margin	12.74%	8.82%	13.36%	15.73%	17.42%
EBITDA	1,573,851	657,260	1,128,503	1,638,931	1,283,348
EBITDA Margin	20.17%	11.06%	17.67%	18.65%	20.87%
D&A For EBITDA	556,150	686,914	687,213	688,838	690,464
EBIT	1,017,701	-29,655	441,290	950,093	592,883
EBIT Margin	13.04%	-0.50%	6.91%	10.81%	9.64%
Effective Tax Rate	10.96%	20.26%	7.89%	6.32%	5.66%
Revenue as Reported	7,803,523	5,943,679	6,385,885	8,787,691	6,149,584

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