Viet Thang Income Statement

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

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Jan '24 Jan 1, 2024
Revenue	1,641,839	1,707,314	1,681,950
Revenue Growth (YoY)	-2.38%	1.51%	-
Cost of Revenue	1,405,397	1,499,618	1,537,753
Gross Profit	236,442	207,696	144,196
Selling, General & Admin	162,486	145,727	104,476
Operating Expenses	162,486	145,727	104,476
Operating Income	73,956	61,968	39,721
Interest Expense	-24,420	-31,806	-40,664
Interest & Investment Income	644.89	2,378	15,678
Earnings From Equity Investments	309.62	455.61	681.14
Currency Exchange Gain (Loss)	8,410	-2,662	-408.41
Other Non Operating Income (Expenses)	953.48	1,908	2,872
Pretax Income	59,855	32,242	17,879
Income Tax Expense	16,234	10,458	5,193
Earnings From Continuing Operations	43,621	21,784	12,686
Minority Interest in Earnings	3,137	1,974	-606.4
Net Income	46,757	23,758	12,079
Preferred Dividends & Other Adjustments	1,353	671.78	373.79
Net Income to Common	45,404	23,087	11,705
Net Income Growth	287.09%	96.69%	-
Shares Outstanding (Basic)	21	21	21
Shares Outstanding (Diluted)	21	21	21
EPS (Basic)	2162.10	1099.36	557.40
EPS (Diluted)	2162.10	1099.36	557.40
EPS Growth	287.89%	97.23%	-
Free Cash Flow	197,211	-49,323	-67,058
Free Cash Flow Per Share	9391.00	-2348.70	-3193.24
Gross Margin	14.40%	12.16%	8.57%
Operating Margin	4.50%	3.63%	2.36%
Profit Margin	2.77%	1.35%	0.70%
Free Cash Flow Margin	12.01%	-2.89%	-3.99%
EBITDA	140,627	157,254	136,127
EBITDA Margin	8.57%	9.21%	8.09%
D&A For EBITDA	66,670	95,286	96,407
EBIT	73,956	61,968	39,721
EBIT Margin	4.50%	3.63%	2.36%
Effective Tax Rate	27.12%	32.44%	29.05%
Revenue as Reported	1,641,839	1,707,314	1,681,950

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