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	7,958,220	5,943,679	6,385,885	8,787,691	6,149,584
Revenue Growth (YoY)	33.89%	-6.93%	-27.33%	42.90%	1.11%
Operations & Maintenance	5,292	796.3	924.77	1,452	-
Selling, General & Admin	37,453	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	6,770,065	5,929,544	5,913,837	7,745,887	5,518,292
Total Operating Expenses	6,795,318	5,973,333	5,944,595	7,837,599	5,556,700
Operating Income	1,162,901	-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	72,260	-74.2	-13,837	-20,372
EBT Excluding Unusual Items	1,267,964	103,893	513,602	943,036	565,839
Gain (Loss) on Sale of Assets	-	63.97	-	-	-
Pretax Income	1,267,964	103,957	513,602	943,036	565,839
Income Tax Expense	137,680	21,063	40,525	59,618	32,050
Net Income	1,130,285	82,894	473,077	883,417	533,789
Preferred Dividends & Other Adjustments	28,150	28,150	28,150	31,379	28,154
Net Income to Common	1,102,135	54,744	444,927	852,038	505,635
Net Income Growth	1263.53%	-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)	3828.50	190.17	1545.55	2959.74	1756.43
EPS (Diluted)	3828.50	190.17	1545.55	2959.74	1756.43
EPS Growth	1913.25%	-87.70%	-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	13.85%	0.92%	6.97%	9.70%	8.22%
Free Cash Flow Margin	12.49%	8.82%	13.36%	15.73%	17.42%
EBITDA	1,719,051	657,415	1,128,503	1,638,931	1,283,348
EBITDA Margin	21.60%	11.06%	17.67%	18.65%	20.87%
D&A For EBITDA	556,150	687,070	687,213	688,838	690,464
EBIT	1,162,901	-29,655	441,290	950,093	592,883
EBIT Margin	14.61%	-0.50%	6.91%	10.81%	9.64%
Effective Tax Rate	10.86%	20.26%	7.89%	6.32%	5.66%
Revenue as Reported	7,958,220	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.