Thuan Duc JSC (HOSE:TDP)

Thuan Duc JSC Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	5,151,483	4,763,794	4,379,118	3,819,708	3,214,429	2,440,109
Revenue Growth (YoY)	17.64%	8.78%	14.64%	18.83%	31.73%	77.37%
Cost of Revenue	4,745,413	4,374,019	3,981,793	3,467,285	2,846,216	2,130,557
Gross Profit	406,070	389,775	397,325	352,424	368,213	309,552
Selling, General & Admin	126,340	123,529	115,688	110,788	133,489	108,025
Operating Expenses	126,340	123,529	115,688	110,788	133,489	108,025
Operating Income	279,730	266,247	281,637	241,635	234,723	201,527
Interest Expense	-201,591	-190,933	-183,335	-217,704	-154,007	-109,712
Interest & Investment Income	57,455	57,455	36,394	61,918	39,452	20,118
Earnings From Equity Investments	-4,302	-2,438	4,815	-11,216	693.86	-208.39
Currency Exchange Gain (Loss)	1,075	1,075	6,352	4,032	6,263	1,156
Other Non Operating Income (Expenses)	18,034	-1,847	-17,131	-3,634	-4,393	-2,394
EBT Excluding Unusual Items	150,400	129,558	128,733	75,032	122,733	110,487
Gain (Loss) on Sale of Assets	-	-	-63.5	-4,511	-	-
Pretax Income	150,400	129,558	128,669	70,521	122,733	110,487
Income Tax Expense	36,736	32,989	34,751	28,177	26,551	23,668
Net Income	113,664	96,569	93,918	42,344	96,181	86,819
Net Income to Common	113,664	96,569	93,918	42,344	96,181	86,819
Net Income Growth	21.02%	2.82%	121.80%	-55.97%	10.78%	19.41%
Shares Outstanding (Basic)	89	88	86	84	83	83
Shares Outstanding (Diluted)	94	94	86	84	83	83
Shares Change (YoY)	9.15%	8.41%	3.45%	0.56%	-	-
EPS (Basic)	1279.11	1094.61	1086.64	506.82	1157.68	1044.98
EPS (Diluted)	1205.22	1031.00	1086.64	506.82	1157.68	1044.98
EPS Growth	10.91%	-5.12%	114.40%	-56.22%	10.79%	19.41%
Free Cash Flow	31,994	137,667	149,823	-123,099	-206,214	-125,190
Free Cash Flow Per Share	339.14	1469.24	1733.47	-1473.39	-2482.08	-1506.83
Gross Margin	7.88%	8.18%	9.07%	9.23%	11.46%	12.69%
Operating Margin	5.43%	5.59%	6.43%	6.33%	7.30%	8.26%
Profit Margin	2.21%	2.03%	2.15%	1.11%	2.99%	3.56%
Free Cash Flow Margin	0.62%	2.89%	3.42%	-3.22%	-6.42%	-5.13%
EBITDA	338,537	325,256	345,362	303,987	296,913	255,677
EBITDA Margin	6.57%	6.83%	7.89%	7.96%	9.24%	10.48%
D&A For EBITDA	58,807	59,009	63,726	62,352	62,190	54,151
EBIT	279,730	266,247	281,637	241,635	234,723	201,527
EBIT Margin	5.43%	5.59%	6.43%	6.33%	7.30%	8.26%
Effective Tax Rate	24.43%	25.46%	27.01%	39.96%	21.63%	21.42%
Revenue as Reported	5,151,483	4,763,794	4,379,118	3,819,708	3,214,429	2,440,109

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