HOSE:VSI 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	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	594,759	572,764	251,709	465,001
Revenue Growth (YoY)	-	127.55%	-45.87%	-
Cost of Revenue	509,151	489,775	178,933	393,265
Gross Profit	85,607	82,989	72,776	71,736
Selling, General & Admin	30,975	31,472	31,953	23,172
Operating Expenses	30,975	31,472	31,953	23,172
Operating Income	54,632	51,517	40,823	48,565
Interest Expense	-8,164	-8,662	-10,019	-18,039
Interest & Investment Income	3,100	3,060	2,348	4,218
Currency Exchange Gain (Loss)	17.13	17.14	27.84	14.88
Other Non Operating Income (Expenses)	-316.36	-656.48	-162.17	-1,046
EBT Excluding Unusual Items	49,269	45,275	33,019	33,712
Gain (Loss) on Sale of Assets	42.04	42.04	276.3	397.1
Pretax Income	49,311	45,317	33,295	34,109
Income Tax Expense	9,293	8,630	6,717	8,456
Earnings From Continuing Operations	40,018	36,688	26,578	25,653
Minority Interest in Earnings	-137.11	-69.17	-433.22	609.47
Net Income	39,881	36,619	26,145	26,263
Preferred Dividends & Other Adjustments	4,105	4,105	2,931	3,283
Net Income to Common	35,776	32,514	23,214	22,980
Net Income Growth	-	40.06%	-0.45%	-
Shares Outstanding (Basic)	13	13	13	13
Shares Outstanding (Diluted)	13	13	13	13
EPS (Basic)	2710.31	2463.16	1758.65	1740.88
EPS (Diluted)	2710.31	2463.16	1758.65	1740.88
EPS Growth	-	40.06%	1.02%	-
Free Cash Flow	90,978	63,594	66,300	59,940
Free Cash Flow Per Share	6892.25	4817.72	5022.69	4540.88
Gross Margin	14.39%	14.49%	28.91%	15.43%
Operating Margin	9.19%	8.99%	16.22%	10.44%
Profit Margin	6.02%	5.68%	9.22%	4.94%
Free Cash Flow Margin	15.30%	11.10%	26.34%	12.89%
EBITDA	77,805	75,240	64,196	71,693
EBITDA Margin	13.08%	13.14%	25.50%	15.42%
D&A For EBITDA	23,173	23,723	23,373	23,128
EBIT	54,632	51,517	40,823	48,565
EBIT Margin	9.19%	8.99%	16.22%	10.44%
Effective Tax Rate	18.84%	19.04%	20.17%	24.79%
Revenue as Reported	594,759	572,764	251,709	465,001

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