VNSTEEL-VICASA JSC Income Statement

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

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2018	FY 2017	FY 2016
Period Ending	Dec '18 Dec 31, 2018	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016
Revenue	2,512,158	2,512,158	1,894,197	1,410,853
Revenue Growth (YoY)	32.62%	32.62%	34.26%	-
Cost of Revenue	2,423,070	2,423,070	1,768,354	1,339,028
Gross Profit	89,088	89,088	125,843	71,825
Selling, General & Admin	40,920	40,920	45,116	33,873
Operating Expenses	40,920	40,920	45,116	33,873
Operating Income	48,168	48,168	80,726	37,952
Interest Expense	-8,471	-8,471	-2,596	-794.83
Interest & Investment Income	1,234	1,234	1,255	1,523
Other Non Operating Income (Expenses)	-788.9	-788.9	1,460	-549.68
Pretax Income	40,142	40,142	80,846	38,131
Income Tax Expense	8,045	8,045	16,277	7,666
Net Income	32,097	32,097	64,569	30,465
Net Income to Common	32,097	32,097	64,569	30,465
Net Income Growth	-50.29%	-50.29%	111.95%	-
Shares Outstanding (Basic)	15	15	15	15
Shares Outstanding (Diluted)	15	15	15	15
Shares Change (YoY)	0.01%	0.01%	0.02%	-
EPS (Basic)	2113.00	2113.00	4251.00	2006.00
EPS (Diluted)	2113.00	2113.00	4251.00	2006.00
EPS Growth	-50.29%	-50.29%	111.91%	-
Free Cash Flow	-232,871	-232,871	25,605	41,216
Free Cash Flow Per Share	-15330.24	-15330.24	1685.77	2713.96
Gross Margin	3.55%	3.55%	6.64%	5.09%
Operating Margin	1.92%	1.92%	4.26%	2.69%
Profit Margin	1.28%	1.28%	3.41%	2.16%
Free Cash Flow Margin	-9.27%	-9.27%	1.35%	2.92%
EBITDA	71,265	71,265	104,160	58,398
EBITDA Margin	2.84%	2.84%	5.50%	4.14%
D&A For EBITDA	23,097	23,097	23,434	20,446
EBIT	48,168	48,168	80,726	37,952
EBIT Margin	1.92%	1.92%	4.26%	2.69%
Effective Tax Rate	20.04%	20.04%	20.13%	20.10%
Revenue as Reported	2,512,158	2,512,158	1,894,197	1,410,853

Source: S&P Capital IQ. Standard template. Financial Sources.