South Logistics JSC (HOSE:STG)

South Logistics JSC Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	2,589,233	2,454,337	1,795,636	2,639,255	2,886,512
Revenue Growth (YoY)	5.50%	36.68%	-31.96%	-8.57%	42.06%
Cost of Revenue	2,068,179	2,060,410	1,507,282	2,187,310	2,398,761
Gross Profit	521,054	393,927	288,354	451,945	487,751
Selling, General & Admin	248,189	233,333	204,528	209,753	226,001
Operating Expenses	248,189	233,333	204,528	209,753	226,001
Operating Income	272,865	160,594	83,826	242,192	261,750
Interest Expense	-22,815	-14,221	-15,321	-17,403	-15,272
Interest & Investment Income	17,329	17,434	21,017	9,518	7,191
Earnings From Equity Investments	107,720	85,165	75,645	60,000	45,572
Currency Exchange Gain (Loss)	2,489	4,324	753.8	1,380	1,197
Other Non Operating Income (Expenses)	3,435	9,300	5,263	-3,434	-4,188
EBT Excluding Unusual Items	381,021	262,596	171,183	292,253	296,250
Gain (Loss) on Sale of Investments	-4.8	-5.23	-558.98	-62.3	45.43
Gain (Loss) on Sale of Assets	322.37	2,200	49,736	13,895	6,059
Pretax Income	381,339	264,790	220,360	306,086	302,354
Income Tax Expense	69,319	60,961	69,679	52,523	55,708
Earnings From Continuing Operations	312,020	203,829	150,680	253,562	246,647
Minority Interest in Earnings	-18,400	-11,271	-8,446	-15,156	-13,863
Net Income	293,619	192,558	142,234	238,406	232,784
Preferred Dividends & Other Adjustments	-	2,300	1,440	2,304	4,933
Net Income to Common	293,619	190,259	140,795	236,102	227,851
Net Income Growth	52.48%	35.38%	-40.34%	2.42%	118.30%
Shares Outstanding (Basic)	98	98	98	98	98
Shares Outstanding (Diluted)	98	98	98	98	98
EPS (Basic)	2988.39	1936.41	1432.98	2403.00	2319.01
EPS (Diluted)	2988.00	1936.00	1432.98	2403.00	2319.00
EPS Growth	54.34%	35.10%	-40.37%	3.62%	113.73%
Free Cash Flow	-258,173	-91,242	161,616	9,163	-8,491
Free Cash Flow Per Share	-2627.62	-928.64	1644.89	93.26	-86.42
Gross Margin	20.12%	16.05%	16.06%	17.12%	16.90%
Operating Margin	10.54%	6.54%	4.67%	9.18%	9.07%
Profit Margin	11.34%	7.75%	7.84%	8.95%	7.89%
Free Cash Flow Margin	-9.97%	-3.72%	9.00%	0.35%	-0.29%
EBITDA	424,087	295,942	212,440	363,433	365,414
EBITDA Margin	16.38%	12.06%	11.83%	13.77%	12.66%
D&A For EBITDA	151,223	135,348	128,615	121,241	103,664
EBIT	272,865	160,594	83,826	242,192	261,750
EBIT Margin	10.54%	6.54%	4.67%	9.18%	9.07%
Effective Tax Rate	18.18%	23.02%	31.62%	17.16%	18.43%

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