Ha Do Group JSC (HOSE:HDG)

Ha Do Group JSC Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	2,502,242	2,717,613	2,889,384	3,581,191	3,777,436	4,998,578
Revenue Growth (YoY)	-8.23%	-5.95%	-19.32%	-5.20%	-24.43%	16.05%
Cost of Revenue	957,484	1,126,926	1,166,354	1,368,820	1,457,342	2,922,133
Gross Profit	1,544,758	1,590,688	1,723,030	2,212,371	2,320,094	2,076,445
Selling, General & Admin	497,499	450,325	232,990	163,752	340,420	206,017
Operating Expenses	497,499	450,325	232,990	163,752	340,420	206,017
Operating Income	1,047,259	1,140,363	1,490,040	2,048,619	1,979,673	1,870,427
Interest Expense	-317,475	-342,747	-486,558	-517,691	-416,891	-367,794
Interest & Investment Income	52,344	34,248	22,057	44,701	5,690	31,003
Currency Exchange Gain (Loss)	-81,462	8,584	-51,414	26,380	51,964	502.94
Other Non Operating Income (Expenses)	-318,611	-303,288	-43,820	-24,055	-11,202	-8,536
EBT Excluding Unusual Items	382,056	537,161	930,305	1,577,953	1,609,234	1,525,602
Gain (Loss) on Sale of Investments	7,947	24,719	29,016	11,852	21,951	13,516
Gain (Loss) on Sale of Assets	-	-	-	-	-5,709	-
Other Unusual Items	16,745	10,975	4,067	14,616	17,554	1,342
Pretax Income	406,748	572,855	963,389	1,604,421	1,643,031	1,540,460
Income Tax Expense	81,491	125,584	97,098	242,518	299,358	286,601
Earnings From Continuing Operations	325,258	447,271	866,291	1,361,903	1,343,673	1,253,858
Minority Interest in Earnings	-132,013	-98,961	-201,213	-266,285	-247,175	-274,717
Net Income	193,245	348,310	665,078	1,095,618	1,096,498	979,142
Preferred Dividends & Other Adjustments	-	-	-	-	23,159	20,670
Net Income to Common	193,245	348,310	665,078	1,095,618	1,073,339	958,472
Net Income Growth	-68.43%	-47.63%	-39.30%	-0.08%	11.99%	5.92%
Shares Outstanding (Basic)	370	354	354	368	351	339
Shares Outstanding (Diluted)	370	354	354	368	368	366
Shares Change (YoY)	4.58%	-	-3.79%	-0.10%	0.53%	7.59%
EPS (Basic)	522.34	984.63	1880.09	2979.63	3059.19	2824.41
EPS (Diluted)	522.26	984.55	1880.00	2979.34	2931.67	2678.89
EPS Growth	-69.82%	-47.63%	-36.90%	1.63%	9.44%	1.16%
Free Cash Flow	939,739	1,032,851	645,806	1,513,419	-936,264	-408,861
Free Cash Flow Per Share	2540.09	2919.74	1825.61	4115.88	-2543.57	-1116.60
Dividend Per Share	-	-	413.223	-	550.964	459.137
Dividend Growth	-	-	-	-	20.00%	30.00%
Gross Margin	61.73%	58.53%	59.63%	61.78%	61.42%	41.54%
Operating Margin	41.85%	41.96%	51.57%	57.20%	52.41%	37.42%
Profit Margin	7.72%	12.82%	23.02%	30.59%	28.41%	19.18%
Free Cash Flow Margin	37.56%	38.01%	22.35%	42.26%	-24.79%	-8.18%
EBITDA	1,564,145	1,665,085	2,009,896	2,577,052	2,295,450	2,104,430
EBITDA Margin	62.51%	61.27%	69.56%	71.96%	60.77%	42.10%
D&A For EBITDA	516,886	524,722	519,856	528,433	315,777	234,002
EBIT	1,047,259	1,140,363	1,490,040	2,048,619	1,979,673	1,870,427
EBIT Margin	41.85%	41.96%	51.57%	57.20%	52.41%	37.42%
Effective Tax Rate	20.04%	21.92%	10.08%	15.12%	18.22%	18.61%
Revenue as Reported	2,502,242	2,717,613	2,889,384	-	3,777,436	4,998,578

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