Thanh Nam Group JSC 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
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Revenue	1,090,911	1,060,155	992,704
Revenue Growth (YoY)	-	6.79%	-
Cost of Revenue	1,088,632	1,062,082	965,875
Gross Profit	2,279	-1,927	26,828
Selling, General & Admin	22,447	18,975	17,543
Operating Expenses	22,447	18,975	17,543
Operating Income	-20,168	-20,902	9,286
Interest Expense	-21,049	-14,465	-28,020
Interest & Investment Income	11,677	1,432	427.69
Earnings From Equity Investments	-5,411	-5,411	-6,211
Currency Exchange Gain (Loss)	-	-	-168.97
Other Non Operating Income (Expenses)	31,814	24,329	-2,851
EBT Excluding Unusual Items	-3,137	-15,017	-27,538
Gain (Loss) on Sale of Investments	59,582	59,582	-
Pretax Income	56,445	44,565	-27,538
Income Tax Expense	991.4	1,072	223.32
Earnings From Continuing Operations	55,454	43,493	-27,761
Minority Interest in Earnings	73.84	251.49	13.38
Net Income	55,527	43,745	-27,748
Net Income to Common	55,527	43,745	-27,748
Shares Outstanding (Basic)	53	53	53
Shares Outstanding (Diluted)	53	53	53
EPS (Basic)	1057.67	833.23	-528.53
EPS (Diluted)	1057.44	833.00	-529.00
Free Cash Flow	-	-80,758	143,295
Free Cash Flow Per Share	-	-1538.25	2729.42
Gross Margin	0.21%	-0.18%	2.70%
Operating Margin	-1.85%	-1.97%	0.94%
Profit Margin	5.09%	4.13%	-2.79%
Free Cash Flow Margin	-	-7.62%	14.44%
EBITDA	-7,355	-11,066	17,691
EBITDA Margin	-0.67%	-1.04%	1.78%
D&A For EBITDA	12,813	9,836	8,405
EBIT	-20,168	-20,902	9,286
EBIT Margin	-1.85%	-1.97%	0.94%
Effective Tax Rate	1.76%	2.40%	-
Revenue as Reported	1,090,911	1,060,155	992,704

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