Son Ha International 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	FY 2014	FY 2013	FY 2012	2008 - 2011
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '14 Dec 31, 2014	Jan '14 Jan 1, 2014	Dec '12 Dec 31, 2012	2008 - 2011
Revenue	11,291,136	11,257,066	9,605,345	1,994,017	1,819,848	2,143,498	Upgrade
Revenue Growth (YoY)	466.25%	17.20%	381.71%	9.57%	-15.10%	9.57%	Upgrade
Cost of Revenue	10,309,774	10,305,754	8,768,510	1,701,433	1,559,043	1,882,404	Upgrade
Gross Profit	981,362	951,312	836,835	292,584	260,806	261,094	Upgrade
Selling, General & Admin	581,434	560,987	449,194	181,865	161,812	130,601	Upgrade
Operating Expenses	581,434	560,987	449,194	181,865	161,812	130,601	Upgrade
Operating Income	399,928	390,325	387,641	110,719	98,993	130,493	Upgrade
Interest Expense	-280,283	-282,542	-318,142	-72,484	-83,603	-118,805	Upgrade
Interest & Investment Income	48,867	48,028	56,711	6,968	8,037	4,237	Upgrade
Earnings From Equity Investments	2,150	1,702	285.51	2,331	91.94	-874.21	Upgrade
Currency Exchange Gain (Loss)	-21,064	-25,745	-2,272	-2,366	-2,984	2,429	Upgrade
Other Non Operating Income (Expenses)	-26,626	-20,877	-18,676	-745.42	-1,643	-1,598	Upgrade
EBT Excluding Unusual Items	122,970	110,891	105,547	44,422	18,892	15,880	Upgrade
Gain (Loss) on Sale of Investments	-	-	-	-	832.67	3,164	Upgrade
Gain (Loss) on Sale of Assets	54,890	54,890	-337.52	-270.38	-9,495	-2,273	Upgrade
Asset Writedown	-	-	-	-	-	-45.87	Upgrade
Other Unusual Items	1,727	1,727	-1,235	114.22	-104.53	1,296	Upgrade
Pretax Income	179,587	167,508	103,974	44,266	10,125	18,022	Upgrade
Income Tax Expense	59,885	59,140	44,885	11,481	2,987	5,284	Upgrade
Earnings From Continuing Operations	119,703	108,369	59,090	32,785	7,138	12,738	Upgrade
Minority Interest in Earnings	-28,345	-31,140	-42,601	2,966	-3,182	-1,551	Upgrade
Net Income	91,358	77,229	16,489	35,751	3,956	11,188	Upgrade
Net Income to Common	91,358	77,229	16,489	35,751	3,956	11,188	Upgrade
Net Income Growth	155.54%	368.37%	-53.88%	803.77%	-64.64%	-22.80%	Upgrade
Shares Outstanding (Basic)	162	162	162	44	41	42	Upgrade
Shares Outstanding (Diluted)	162	162	162	44	41	42	Upgrade
Shares Change (YoY)	269.66%	-	269.66%	7.42%	-2.18%	7.39%	Upgrade
EPS (Basic)	563.32	476.20	101.67	814.88	96.86	267.98	Upgrade
EPS (Diluted)	563.12	476.00	101.67	814.88	96.86	267.98	Upgrade
EPS Growth	-30.90%	368.17%	-87.52%	741.30%	-63.85%	-28.11%	Upgrade
Free Cash Flow	-692,059	-550,209	-151,515	-83,736	-15,531	77,362	Upgrade
Free Cash Flow Per Share	-4267.32	-3392.66	-934.26	-1908.64	-380.30	1853.03	Upgrade
Dividend Per Share	-	-	-	190.950	-	-	Upgrade
Gross Margin	8.69%	8.45%	8.71%	14.67%	14.33%	12.18%	Upgrade
Operating Margin	3.54%	3.47%	4.04%	5.55%	5.44%	6.09%	Upgrade
Profit Margin	0.81%	0.69%	0.17%	1.79%	0.22%	0.52%	Upgrade
Free Cash Flow Margin	-6.13%	-4.89%	-1.58%	-4.20%	-0.85%	3.61%	Upgrade
EBITDA	481,229	474,331	480,846	152,966	141,554	166,784	Upgrade
EBITDA Margin	4.26%	4.21%	5.01%	7.67%	7.78%	7.78%	Upgrade
D&A For EBITDA	81,301	84,006	93,204	42,247	42,561	36,291	Upgrade
EBIT	399,928	390,325	387,641	110,719	98,993	130,493	Upgrade
EBIT Margin	3.54%	3.47%	4.04%	5.55%	5.44%	6.09%	Upgrade
Effective Tax Rate	33.35%	35.31%	43.17%	25.94%	29.50%	29.32%	Upgrade
Revenue as Reported	11,291,136	11,257,066	9,605,345	1,994,017	1,819,848	2,143,498	Upgrade
Advertising Expenses	-	15,320	5,811	-	-	-	Upgrade

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