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	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Revenue	1,226,243	1,060,155	992,704
Revenue Growth	-	6.79%	-
Cost of Revenue	1,232,655	1,062,082	965,875
Gross Profit	-6,413	-1,927	26,828
Selling, General & Admin	33,650	18,975	17,543
Operating Expenses	33,650	18,975	17,543
Operating Income	-40,063	-20,902	9,286
Interest Expense	-20,176	-14,465	-28,020
Interest & Investment Income	50,485	1,432	427.69
Earnings From Equity Investments	-1,773	-5,411	-6,211
Currency Exchange Gain (Loss)	-	-	-168.97
Other Non Operating Income (Expenses)	11,627	24,329	-2,851
EBT Excluding Unusual Items	99.75	-15,017	-27,538
Gain (Loss) on Sale of Investments	59,582	59,582	-
Pretax Income	59,681	44,565	-27,538
Income Tax Expense	550.63	1,072	223.32
Earnings From Continuing Operations	59,131	43,493	-27,761
Minority Interest in Earnings	-144.06	251.49	13.38
Net Income	58,987	43,745	-27,748
Net Income to Common	58,987	43,745	-27,748
Net Income Growth	-	-	-
Shares Outstanding (Basic)	53	53	53
Shares Outstanding (Diluted)	53	53	53
Shares Change	-	-	-
EPS (Basic)	1123.55	833.23	-528.53
EPS (Diluted)	1123.32	833.00	-529.00
EPS Growth	-	-	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Free Cash Flow	-134,575	-80,758	143,295
Free Cash Flow Per Share	-2563.34	-1538.25	2729.42
Gross Margin	-0.52%	-0.18%	2.70%
Operating Margin	-3.27%	-1.97%	0.94%
Profit Margin	4.81%	4.13%	-2.79%
Free Cash Flow Margin	-10.97%	-7.62%	14.44%
EBITDA	-23,534	-11,066	17,691
EBITDA Margin	-1.92%	-1.04%	1.78%
D&A For EBITDA	16,529	9,836	8,405
EBIT	-40,063	-20,902	9,286
EBIT Margin	-3.27%	-1.97%	0.94%
Effective Tax Rate	0.92%	2.40%	-
Revenue as Reported	1,226,243	1,060,155	992,704