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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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	9,294,890	8,596,226	7,801,157	6,676,517	6,034,488	5,577,327
Revenue Growth	11.06%	10.19%	16.84%	10.64%	8.20%	9.78%
Cost of Revenue	7,856,711	7,252,791	6,706,013	5,746,070	5,132,870	4,803,328
Gross Profit	1,438,179	1,343,435	1,095,144	930,448	901,618	773,999
Selling, General & Admin	169,135	172,196	110,167	108,730	107,757	98,802
Operating Expenses	169,135	172,196	110,167	108,730	107,757	98,802
Operating Income	1,269,043	1,171,239	984,977	821,718	793,861	675,197
Interest Expense	-256,123	-161,672	-76,839	-64,091	-27,817	-8,447
Interest & Investment Income	165,970	575,470	332,994	297,833	390,211	364,391
Earnings From Equity Investments	40,472	38,856	65,327	71,017	85,515	81,932
Other Non Operating Income (Expenses)	597,277	22,223	136,902	40,170	3,340	-1,794
EBT Excluding Unusual Items	1,816,638	1,646,116	1,443,362	1,166,648	1,245,110	1,111,280
Gain (Loss) on Sale of Investments	114,237	192,407	128,379	107,644	-	-
Pretax Income	1,930,875	1,838,524	1,571,740	1,274,291	1,245,110	1,111,280
Income Tax Expense	387,274	371,436	292,906	270,636	243,604	207,162
Earnings From Continuing Operations	1,543,601	1,467,088	1,278,834	1,003,655	1,001,506	904,117
Minority Interest in Earnings	-144,592	-144,216	-108,671	-76,759	-81,650	-70,747
Net Income	1,399,009	1,322,872	1,170,163	926,897	919,856	833,371
Preferred Dividends & Other Adjustments	32,864	118,999	109,987	92,202	-	-
Net Income to Common	1,366,145	1,203,873	1,060,176	834,695	919,856	833,371
Net Income Growth	13.35%	13.55%	27.01%	-9.26%	10.38%	-19.34%
Shares Outstanding (Basic)	260	242	242	240	245	246
Shares Outstanding (Diluted)	260	242	242	240	245	246
Shares Change	7.45%	-	0.69%	-2.04%	-0.11%	29.39%
EPS (Basic)	5251.24	4972.36	4378.85	3471.52	3747.45	3391.30
EPS (Diluted)	5251.09	4972.00	4378.85	3471.30	3747.45	3391.30
EPS Growth	5.49%	13.55%	26.14%	-7.37%	10.50%	-37.66%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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
Free Cash Flow	1,191,219	1,878,721	-13,034	-2,094,129	-24,621	225,296
Free Cash Flow Per Share	4578.85	7759.69	-53.84	-8709.54	-100.30	916.82
Dividend Per Share	-	-	1478.261	-	1701.323	1058.601
Dividend Growth	-	-	-	-	60.71%	-
Gross Margin	15.47%	15.63%	14.04%	13.94%	14.94%	13.88%
Operating Margin	13.65%	13.63%	12.63%	12.31%	13.15%	12.11%
Profit Margin	14.70%	14.01%	13.59%	12.50%	15.24%	14.94%
Free Cash Flow Margin	12.82%	21.86%	-0.17%	-31.37%	-0.41%	4.04%
EBITDA	1,712,791	1,593,127	1,370,331	1,160,733	1,025,814	862,984
EBITDA Margin	18.43%	18.53%	17.57%	17.39%	17.00%	15.47%
D&A For EBITDA	443,748	421,888	385,354	339,015	231,953	187,787
EBIT	1,269,043	1,171,239	984,977	821,718	793,861	675,197
EBIT Margin	13.65%	13.63%	12.63%	12.31%	13.15%	12.11%
Effective Tax Rate	20.06%	20.20%	18.64%	21.24%	19.56%	18.64%
Revenue as Reported	9,294,890	8,596,226	7,801,157	6,676,517	6,034,488	5,577,327