Viet Thang 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	FY 2023
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Jan '25 Jan 1, 2025	Jan '24 Jan 1, 2024
Revenue	1,605,409	1,603,395	1,707,314	1,681,950
Revenue Growth (YoY)	-4.98%	-6.09%	1.51%	-
Cost of Revenue	1,377,577	1,379,511	1,499,618	1,537,753
Gross Profit	227,832	223,884	207,696	144,196
Selling, General & Admin	155,441	155,786	145,727	104,476
Operating Expenses	155,441	155,786	145,727	104,476
Operating Income	72,391	68,097	61,968	39,721
Interest Expense	-24,775	-23,860	-31,806	-40,664
Interest & Investment Income	1,538	687.33	2,378	15,678
Earnings From Equity Investments	-3,420	-3,562	455.61	681.14
Currency Exchange Gain (Loss)	5,727	5,324	-2,662	-408.41
Other Non Operating Income (Expenses)	5,383	4,919	1,270	2,872
EBT Excluding Unusual Items	56,844	51,606	31,604	17,879
Gain (Loss) on Sale of Assets	437.05	437.05	637.85	-
Pretax Income	57,282	52,043	32,242	17,879
Income Tax Expense	16,139	15,553	10,458	5,193
Earnings From Continuing Operations	41,143	36,491	21,784	12,686
Minority Interest in Earnings	2,683	3,741	1,974	-606.4
Net Income	43,826	40,231	23,758	12,079
Preferred Dividends & Other Adjustments	1,261	1,198	671.78	373.79
Net Income to Common	42,565	39,034	23,087	11,705
Net Income Growth	48.69%	69.34%	96.69%	-
Shares Outstanding (Basic)	21	21	21	21
Shares Outstanding (Diluted)	21	21	21	21
EPS (Basic)	2026.91	1858.75	1099.36	557.40
EPS (Diluted)	2026.91	1858.75	1099.36	557.40
EPS Growth	48.46%	69.08%	97.23%	-
Free Cash Flow	268,624	187,988	-49,323	-67,058
Free Cash Flow Per Share	12791.63	8951.83	-2348.70	-3193.24
Gross Margin	14.19%	13.96%	12.16%	8.57%
Operating Margin	4.51%	4.25%	3.63%	2.36%
Profit Margin	2.65%	2.43%	1.35%	0.70%
Free Cash Flow Margin	16.73%	11.72%	-2.89%	-3.99%
EBITDA	134,300	131,603	157,371	136,127
EBITDA Margin	8.37%	8.21%	9.22%	8.09%
D&A For EBITDA	61,909	63,505	95,402	96,407
EBIT	72,391	68,097	61,968	39,721
EBIT Margin	4.51%	4.25%	3.63%	2.36%
Effective Tax Rate	28.17%	29.88%	32.44%	29.05%
Revenue as Reported	1,605,409	1,603,395	1,707,314	1,681,950

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