Sai Gon VRG Investment Income Statement

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

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2020
Revenue	8,112,261	7,801,157	6,676,517	6,034,488	5,577,327	5,080,359	Upgrade
Revenue Growth (YoY)	14.12%	16.84%	10.64%	8.20%	9.78%	17.07%	Upgrade
Cost of Revenue	6,922,511	6,706,013	5,746,070	5,132,870	4,803,328	4,379,302	Upgrade
Gross Profit	1,189,750	1,095,144	930,448	901,618	773,999	701,057	Upgrade
Selling, General & Admin	113,710	110,167	108,730	107,757	98,802	30,118	Upgrade
Operating Expenses	113,710	110,167	108,730	107,757	98,802	30,118	Upgrade
Operating Income	1,076,041	984,977	821,718	793,861	675,197	670,939	Upgrade
Interest Expense	-116,365	-76,839	-64,091	-27,817	-8,447	-13,879	Upgrade
Interest & Investment Income	413,994	332,994	297,833	390,211	364,391	638,173	Upgrade
Earnings From Equity Investments	49,895	65,327	71,017	85,515	81,932	54,604	Upgrade
Other Non Operating Income (Expenses)	157,251	136,902	40,170	3,340	-1,794	22,692	Upgrade
EBT Excluding Unusual Items	1,580,816	1,443,362	1,166,648	1,245,110	1,111,280	1,372,528	Upgrade
Gain (Loss) on Sale of Investments	191,572	128,379	107,644	-	-	-	Upgrade
Pretax Income	1,775,058	1,571,740	1,274,291	1,245,110	1,111,280	1,372,528	Upgrade
Income Tax Expense	340,728	292,906	270,636	243,604	207,162	247,011	Upgrade
Earnings From Continuing Operations	1,434,330	1,278,834	1,003,655	1,001,506	904,117	1,125,517	Upgrade
Minority Interest in Earnings	-148,825	-108,671	-76,759	-81,650	-70,747	-92,376	Upgrade
Net Income	1,285,506	1,170,163	926,897	919,856	833,371	1,033,141	Upgrade
Preferred Dividends & Other Adjustments	104,241	93,883	92,202	-	-	-	Upgrade
Net Income to Common	1,181,265	1,076,280	834,695	919,856	833,371	1,033,141	Upgrade
Net Income Growth	27.64%	26.25%	0.77%	10.38%	-19.34%	73.65%	Upgrade
Shares Outstanding (Basic)	241	241	240	245	246	190	Upgrade
Shares Outstanding (Diluted)	241	241	240	245	246	190	Upgrade
Shares Change (YoY)	0.05%	0.22%	-2.04%	-0.11%	29.39%	3.99%	Upgrade
EPS (Basic)	4901.98	4466.32	3471.52	3747.45	3391.30	5440.08	Upgrade
EPS (Diluted)	4901.98	4466.09	3471.30	3747.45	3391.30	5440.08	Upgrade
EPS Growth	36.36%	28.66%	-7.37%	10.50%	-37.66%	66.98%	Upgrade
Free Cash Flow	2,030,691	-13,034	-2,094,129	-24,621	225,296	732,270	Upgrade
Free Cash Flow Per Share	8426.91	-54.09	-8709.54	-100.30	916.82	3855.82	Upgrade
Dividend Per Share	1478.261	1478.261	-	1701.323	1058.601	-	Upgrade
Dividend Growth	-	-	-	60.71%	-	-	Upgrade
Gross Margin	14.67%	14.04%	13.94%	14.94%	13.88%	13.80%	Upgrade
Operating Margin	13.26%	12.63%	12.31%	13.15%	12.11%	13.21%	Upgrade
Profit Margin	14.56%	13.80%	12.50%	15.24%	14.94%	20.34%	Upgrade
Free Cash Flow Margin	25.03%	-0.17%	-31.37%	-0.41%	4.04%	14.41%	Upgrade
EBITDA	1,497,918	1,370,331	1,160,733	1,025,814	862,984	872,014	Upgrade
EBITDA Margin	18.46%	17.57%	17.39%	17.00%	15.47%	17.16%	Upgrade
D&A For EBITDA	421,877	385,354	339,015	231,953	187,787	201,075	Upgrade
EBIT	1,076,041	984,977	821,718	793,861	675,197	670,939	Upgrade
EBIT Margin	13.26%	12.63%	12.31%	13.15%	12.11%	13.21%	Upgrade
Effective Tax Rate	19.20%	18.64%	21.24%	19.56%	18.64%	18.00%	Upgrade
Revenue as Reported	8,112,261	7,801,157	6,676,517	6,034,488	5,577,327	5,080,359	Upgrade

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