Thang Long Urban Development and Construction Investment JSC (HOSE:TLD)

HOSE:TLD Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec 31, 2025	Dec 31, 2024	Jan 1, 2024
Revenue	666,352	568,733	329,316
Revenue Growth (YoY)	17.16%	72.70%	-
Cost of Revenue	558,787	527,700	307,703
Gross Profit	107,564	41,034	21,613
Selling, General & Admin	24,051	19,312	9,780
Operating Expenses	24,051	19,312	9,780
Operating Income	83,514	21,722	11,833
Interest Expense	-7,920	-8,667	-12,133
Interest & Investment Income	2,179	3,524	6,471
Earnings From Equity Investments	1,477	-2.87	-
Currency Exchange Gain (Loss)	-383.73	-12.82	-
Other Non Operating Income (Expenses)	-340.85	-711.18	-455.06
EBT Excluding Unusual Items	78,525	15,852	5,715
Gain (Loss) on Sale of Assets	-	105.52	-
Pretax Income	78,536	15,957	5,715
Income Tax Expense	12,442	1,825	769.65
Earnings From Continuing Operations	66,094	14,133	4,946
Minority Interest in Earnings	169.93	-25.54	12.18
Net Income	66,264	14,107	4,958
Preferred Dividends & Other Adjustments	-	-	-8.6
Net Income to Common	66,264	14,107	4,966
Net Income Growth	369.71%	184.55%	-
Shares Outstanding (Basic)	78	78	78
Shares Outstanding (Diluted)	78	78	78
Shares Change (YoY)	-	-0.00%	-
EPS (Basic)	852.36	181.47	63.88
EPS (Diluted)	852.36	181.47	63.88
EPS Growth	369.71%	184.06%	-
Free Cash Flow	-8,495	8,291	21,478
Free Cash Flow Per Share	-109.27	106.65	276.26
Gross Margin	16.14%	7.22%	6.56%
Operating Margin	12.53%	3.82%	3.59%
Profit Margin	9.94%	2.48%	1.51%
Free Cash Flow Margin	-1.27%	1.46%	6.52%
EBITDA	105,083	42,497	33,317
EBITDA Margin	15.77%	7.47%	10.12%
D&A For EBITDA	21,569	20,775	21,484
EBIT	83,514	21,722	11,833
EBIT Margin	12.53%	3.82%	3.59%
Effective Tax Rate	15.84%	11.43%	13.47%
Revenue as Reported	666,352	568,733	329,316

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