The financial statements of GDW

Income statement, balance sheet and cash flow, by quarter and by year. Unit: VND billion, unless a line states otherwise.

Item	2025	2024	2023	2022	2021
Revenue	673.3	672.8	654.1	625.1	561.4
Revenue Deductions	0.3	0.4	0.7	1.3	0.0
Net Revenue	673.0	672.3	653.4	623.8	557.9
Cost of Goods Sold	403.5	409.7	391.2	387.5	0.0
Gross Profit	269.5	262.6	262.1	236.3	194.2
Financial Income	1.2	1.2	2.0	1.3	1.3
Financial Expenses	0.4	0.8	1.4	1.4	-1.7
Interest Expense	0.4	0.8	1.4	1.4	-0.9
Share of Associates and Joint Ventures	—	0.0	0.0	0.0	0.0
Selling Expenses	131.0	138.8	138.1	138.9	-102.2
General and Administrative Expenses	90.2	84.0	80.2	73.3	-68.8
Operating Profit	49.0	40.3	44.6	24.0	22.7
Other Income	2.0	10.1	1.6	4.5	0.0
Other Expenses	0.3	0.2	0.8	1.5	0.0
Other Profit	1.7	9.8	0.8	3.0	-0.8
Profit Before Tax	50.7	50.1	45.4	27.0	21.9
Current Income Tax Expense	10.4	10.3	9.4	5.8	-4.1
Deferred Income Tax Expense	—	0.0	0.0	0.0	0.0
Net Income	40.3	39.9	36.0	21.2	17.8
Non-controlling Interest	—	0.0	0.0	0.0	0.0
Profit Attributable to Parent	40.3	39.9	36.0	21.2	17.8
Earnings per Share VND per share	4,239.00	4,199.00	3,787.00	2,231.00	1,875.89
Diluted EPS VND per share	4,238.94	4,199.36	3,786.64	2,231.02	1,875.89

Item	2025	2024	2023	2022	2021
A. SHORT-TERM ASSETS (100=110+120+130+140+150)	128.4	125.2	144.5	144.4	108.0
I. Cash and cash equivalents	27.4	58.5	81.3	88.7	54.5
1. Cash	12.4	28.5	51.3	68.7	0.0
2. Cash equivalents	15.0	30.0	30.0	20.0	0.0
II. Short-term financial investments	13.0	13.0	13.0	13.0	0.0
1. Available for sale securities	—	0.0	0.0	0.0	0.0
2. Provision for diminution in value of available for sale securities (*)	—	0.0	0.0	0.0	0.0
3. Held to maturity investments	13.0	13.0	13.0	13.0	0.0
III. Short-term receivables	33.5	13.9	11.4	16.3	20.7
1. Short-term trade accounts receivable	11.2	9.4	9.9	11.5	0.0
2. Short-term prepayments to suppliers	4.3	2.5	1.4	1.2	0.0
3. Short-term inter-company receivables	—	0.0	0.0	0.0	0.0
4. Construction contract progress receipts due from customers	—	0.0	0.0	0.0	0.0
5. Short-term loan receivables	—	0.0	0.0	0.0	0.0
6. Other short-term receivables	21.6	5.4	4.0	6.8	0.0
7. Provision for short-term doubtful debts (*)	-3.7	-3.4	-3.9	-3.2	0.0
8. Assets awaiting resolution	—	0.0	0.0	0.0	0.0
IV. Inventories	42.1	32.3	32.0	22.2	21.7
1. Inventories	42.1	32.3	32.0	22.2	0.0
2. Provision for decline in value of inventories	—	0.0	0.0	0.0	0.0
V. Other short-term assets	12.4	7.5	6.9	4.2	3.1
1. Short-term prepayments	9.6	7.1	4.5	3.7	0.0
2. Value added tax to be reclaimed	2.4	0.4	2.3	0.5	0.0
3. Taxes and other receivables from state authorities	0.4	0.0	0.0	0.0	0.0
4. Government bonds	—	0.0	0.0	0.0	0.0
5. Other short-term assets	—	0.0	0.0	0.0	0.0
B. LONG-TERM ASSETS (200=210+220+240+250+260+270)	211.7	169.2	161.9	153.5	158.1
I. Long-term receivables	0.3	0.3	1.0	1.5	0.0
1. Long-term trade receivables	—	0.0	0.0	0.0	1.5
2. Long-term prepayments to suppliers	—	0.0	0.0	0.0	0.0
3. Capital at inter-company	—	0.0	0.0	0.0	0.0
4. Long-term inter-company receivables	—	0.0	0.0	0.0	0.0
5. Long-term loan receivables	—	0.0	0.0	0.0	0.0
6. Other long-term receivables	0.3	0.3	1.0	1.5	0.0
7. Provision for long-term doubtful debts	—	0.0	0.0	0.0	0.0
II. Fixed assets	172.1	158.7	152.0	137.5	131.9
1. Tangible fixed assets	166.8	154.1	148.5	135.1	129.0
- Cost	643.5	596.7	558.6	518.0	0.0
- Accumulated depreciation	-476.7	-442.6	-410.1	-382.9	0.0
2. Financial leased fixed assets	—	0.0	0.0	0.0	0.0
- Cost	—	0.0	0.0	0.0	0.0
- Accumulated depreciation	—	0.0	0.0	0.0	0.0
3. Intangible fixed assets	5.3	4.7	3.4	2.4	2.9
- Cost	18.6	15.8	12.8	10.2	0.0
- Accumulated depreciation	-13.3	-11.2	-9.4	-7.8	0.0
III. Investment properties	—	0.0	0.0	0.0	0.0
- Cost	—	0.0	0.0	0.0	0.0
- Accumulated depreciation	—	0.0	0.0	0.0	0.0
IV. Long-term assets in progress	6.4	5.9	5.4	9.9	20.3
1. Long-term production in progress	—	0.0	0.0	0.0	0.0
2. Construction in progress	6.4	5.9	5.4	9.9	0.0
V. Long-term financial investments	—	0.0	0.0	0.0	0.0
1. Investments in subsidiaries	—	0.0	0.0	0.0	0.0
2. Investments in associates, joint-ventures	—	0.0	0.0	0.0	0.0
3. Investments in other entities	—	0.0	0.0	0.0	0.0
4. Provision for diminution in value of long-term investments	—	0.0	0.0	0.0	0.0
5. Held to maturity investments	—	0.0	0.0	0.0	0.0
6. Other long-term investments	—	0.0	0.0	0.0	0.0
VI. Other long-term assets	32.9	4.2	3.5	4.6	0.0
1. Long-term prepayments	32.9	4.2	3.5	4.6	0.0
2. Deferred income tax assets	—	0.0	0.0	0.0	0.0
3. Long-term equipment, supplies, spare parts	—	0.0	0.0	0.0	0.0
4. Other long-term assets	—	0.0	0.0	0.0	4.4
5. Goodwill	—	0.0	0.0	0.0	0.0
VII. Goodwill (before 2015)	—	0.0	0.0	0.0	0.0
TOTAL ASSETS (280=100+200)	340.2	294.4	306.4	297.9	266.2
A. LIABILITIES (300=210+330)	152.6	106.1	130.8	116.2	96.1
I. Short -term liabilities	151.7	102.0	121.8	101.8	77.1
1. Short-term trade accounts payable	64.3	53.7	64.0	62.5	46.2
2. Short-term advances from customers	0.8	0.5	0.6	0.6	2.5
3. Taxes and other payables to state authorities	5.8	6.1	1.2	4.5	0.0
4. Payable to employees	13.1	12.9	16.2	10.4	0.0
5. Short-term acrrued expenses	1.1	0.0	0.0	2.7	0.0
6. Short-term inter-company payables	—	0.0	0.0	0.0	0.0
7. Construction contract progress payments due to suppliers	—	0.0	0.0	0.0	0.0
8. Short-term unearned revenue	—	0.0	0.0	0.0	0.0
9. Other short-term payables	61.6	21.8	32.1	14.6	0.0
10. Short-term borrowings and financial leases	3.2	4.9	4.9	4.9	4.9
11. Provision for short-term liabilities	—	0.0	0.0	0.0	0.0
12.. Bonus and welfare fund	1.9	2.0	2.7	1.6	0.0
13. Price stabilization fund	—	0.0	0.0	0.0	0.0
14. Government bonds	—	0.0	0.0	0.0	0.0
II. Long-term liabilities	0.9	4.1	9.0	14.4	19.0
1. Long-term trade payables	—	0.0	0.0	0.0	0.0
2. Long-term advances from customers	—	0.0	0.0	0.0	0.0
3. Long-term acrrued expenses	—	0.0	0.0	0.0	0.0
4. Inter-company payables on business capital	—	0.0	0.0	0.0	0.0
5. Long-term inter-company payables	—	0.0	0.0	0.0	0.0
6. Long-term unearned revenue	—	0.0	0.0	0.0	0.0
7. Other long-term liabilities	0.6	0.6	0.6	1.1	0.0
8. Long-term borrowings and financial leases	0.3	3.5	8.4	13.4	18.3
9. Convertible bonds	—	0.0	0.0	0.0	0.0
10. Preferred stock (Debts) VND per share	—	0.00	0.00	0.00	0.00
11. Deferred income tax liabilities	—	0.0	0.0	0.0	0.0
12. Provision for long-term liabilities	—	0.0	0.0	0.0	0.0
13. Fund for technology development	—	0.0	0.0	0.0	0.0
14. Provision for severance allowances	—	0.0	0.0	0.0	0.0
B. OWNER'S EQUITY (400=410+430)	187.6	188.3	175.6	181.8	170.0
I. Owner's equity	187.6	188.3	175.6	181.8	0.0
1. Owner's capital	95.0	95.0	95.0	95.0	170.0
- Common stock with voting right VND per share	95,000,000,000.00	95,000,000,000.00	95,000,000,000.00	95,000,000,000.00	95,000,000,000.00
- Preferred stock VND per share	—	0.00	0.00	0.00	0.00
2. Share premium	—	0.0	0.0	0.0	0.0
3. Convertible bond option	—	0.0	0.0	0.0	0.0
4. Other capital of owners	—	0.0	0.0	0.0	0.0
5. Treasury shares VND per share	—	0.00	0.00	0.00	0.00
6. Assets revaluation differences	—	0.0	0.0	0.0	0.0
7. Foreign exchange differences	—	0.0	0.0	0.0	0.0
8. Investment and development fund	52.3	44.0	41.2	40.4	0.0
9. Fund to support corporate restructuring	—	0.0	0.0	0.0	0.0
10. Other funds from owner's equity	—	0.0	0.0	0.0	0.0
11. Undistributed earnings after tax	40.3	49.3	39.4	46.4	36.5
- Accumulated retained earning at the end of the previous period	—	9.4	3.4	25.2	18.7
- Undistributed earnings in this period	40.3	39.9	36.0	21.2	17.8
12. Reserves for investment in construction	—	0.0	0.0	0.0	0.0
13. Minority's interest	—	0.0	0.0	0.0	0.0
14. Financial reserves	—	0.0	0.0	0.0	0.0
II. Other resources and funds	—	0.0	0.0	0.0	0.0
1. Subsidized not-for-profit funds	—	0.0	0.0	0.0	0.0
2. Funds invested in fixed assets	—	0.0	0.0	0.0	0.0
C. MINORITY'S INTEREST	—	0.0	0.0	0.0	0.0
TOTAL OWNER'S EQUITY AND LIABILITIES (440=300+400+500)	340.2	294.4	306.4	297.9	266.2

Item	2025	2024	2023	2022	2021
Profit Before Tax	50.7	50.1	45.4	27.0	0.0
Depreciation of Fixed Assets and Investment Property	38.1	34.3	30.1	28.3	0.0
Provision (Increase)/Reversal	0.4	-0.5	0.7	0.1	0.0
FX Gain/Loss from Revaluation of Monetary Items	—	0.0	0.0	0.0	0.0
Gain/Loss from Investment Activities	-1.2	-1.2	-2.1	-4.0	0.0
Interest Expense	0.4	0.8	1.4	1.4	0.0
Gain/Loss on Disposal of Fixed Assets	—	0.0	0.0	0.0	0.0
Interest Income and Dividends	—	0.0	0.0	0.0	0.0
Amortization of Goodwill	—	0.0	0.0	0.0	0.0
Other Adjustments	—	0.0	0.0	0.0	0.0
Operating Profit Before Changes in Working Capital	88.4	83.5	75.4	52.8	0.0
Increase/(Decrease) in Receivables	-22.4	0.4	2.9	3.8	0.0
Increase/(Decrease) in Inventory	-9.7	-0.4	-9.8	7.8	0.0
Increase/(Decrease) in Payables (Excl. Interest and CIT)	51.9	-20.7	7.7	24.2	0.0
Increase/(Decrease) in Prepaid Expenses	-31.3	-3.2	0.3	-0.9	0.0
Changes in Trading Securities	—	0.0	0.0	0.0	0.0
Interest Paid	-0.4	-0.8	-1.4	-1.4	0.0
Corporate Income Tax Paid	-11.0	-6.4	-12.9	-5.9	0.0
Other Operating Receipts	0.1	0.1	0.1	0.0	0.0
Other Operating Payments	-13.7	-13.6	-8.0	-7.3	0.0
Net Cash Flow from Operating Activities	51.9	39.0	54.4	73.1	-67.6
Payments for Fixed Assets and Other Long-term Assets	-51.9	-41.5	-40.0	-23.6	-13.6
Proceeds from Disposal of Fixed Assets and Long-term Assets	0.0	0.0	0.0	2.7	-0.3
Loans and Purchases of Debt Instruments	-13.0	-13.0	-13.0	-5.0	0.0
Receipts from Loan Repayments and Sale of Debt Instruments	13.0	13.0	13.0	0.0	0.0
Investments in Other Entities	—	0.0	0.0	0.0	0.0
Proceeds from Investments in Other Entities	—	0.0	0.0	0.0	0.0
Dividends and Interest Income Received	1.1	1.3	2.1	1.4	0.0
Increase/(Decrease) in Term Deposits	—	0.0	0.0	0.0	0.0
Acquisition of Non-controlling Interests	—	0.0	0.0	0.0	0.0
Other Investing Receipts	—	0.0	0.0	0.0	0.0
Other Investing Payments	—	0.0	0.0	0.0	0.0
Net Cash Flow from Investing Activities	-50.8	-40.1	-38.0	-24.5	-12.9
Proceeds from Equity Issuance and Capital Contributions VND per share	—	0.00	0.00	0.00	0.00
Share Repurchases VND per share	—	0.00	0.00	0.00	0.00
Proceeds from Borrowings	—	0.0	0.0	0.0	0.1
Repayment of Borrowings	-4.9	-4.9	-4.9	-4.9	-3.9
Repayment of Finance Leases	—	0.0	0.0	0.0	0.0
Dividends Paid	-27.2	-16.7	-18.9	-9.5	-4.5
Other Financing Receipts	—	0.0	0.0	0.0	0.0
Other Financing Payments	—	0.0	0.0	0.0	0.0
Net Cash Flow from Financing Activities	-32.2	-21.6	-23.8	-14.4	-8.2
Net Cash Flow During the Period	-31.1	-22.8	-7.4	34.2	19.1
Cash and Cash Equivalents at Beginning of Period	58.5	81.3	88.7	54.5	141.5
FX Difference from Revaluation	—	0.0	0.0	0.0	0.0
Cash and Cash Equivalents at End of Period	27.4	58.5	81.3	88.7	54.5

Item	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Revenue	173.0	160.8	170.9	166.0	171.0	165.5	168.6	168.5	171.9	163.8	158.0	163.7
Revenue Deductions	0.1	0.4	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.4	0.1
Net Revenue	173.0	160.4	170.8	165.9	170.9	165.4	168.5	168.3	171.8	163.7	157.6	163.6
Cost of Goods Sold	102.2	103.7	97.6	100.1	91.7	114.2	91.4	111.5	96.3	110.3	85.5	109.4
Gross Profit	70.7	56.8	73.2	65.9	79.2	51.2	77.1	56.9	75.5	53.4	72.1	54.3
Financial Income	0.5	0.2	0.5	0.2	0.4	0.2	0.5	0.2	0.4	0.2	0.8	0.2
Financial Expenses	0.3	0.2	0.1	0.1	0.1	0.1	0.2	0.2	0.2	0.2	-0.0	0.6
Interest Expense	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Share of Associates and Joint Ventures	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Selling Expenses	33.8	31.5	29.7	36.4	34.0	30.9	42.9	30.7	37.7	27.2	51.5	30.7
General and Administrative Expenses	23.8	24.8	25.1	22.6	22.5	19.9	23.6	20.8	21.5	18.8	22.6	19.4
Operating Profit	13.4	0.4	18.8	6.9	22.9	0.4	10.9	5.3	16.5	7.4	-1.1	3.7
Other Income	0.5	0.5	0.5	0.5	0.5	0.5	8.8	0.4	0.4	0.4	0.6	0.4
Other Expenses	0.1	0.0	0.0	0.0	0.3	0.0	0.0	0.0	0.0	0.0	11.2	0.0
Other Profit	0.4	0.5	0.5	0.5	0.2	0.5	8.8	0.4	0.4	0.4	-10.6	0.4
Profit Before Tax	13.7	0.9	19.3	7.4	23.1	0.9	19.7	5.7	16.9	7.8	-11.7	4.1
Current Income Tax Expense	2.8	0.2	4.0	1.5	4.7	0.2	4.1	1.2	3.4	1.6	-1.9	0.8
Deferred Income Tax Expense	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Net Income	10.9	0.7	15.3	5.9	18.4	0.7	15.6	4.6	13.5	6.2	-9.7	3.2
Non-controlling Interest	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Profit Attributable to Parent	10.9	0.7	15.3	5.9	18.4	0.7	15.6	4.6	13.5	6.2	-9.7	3.2
Earnings per Share VND per share	1,152.32	75.79	1,611.83	621.71	1,936.91	73.74	1,644.41	480.07	1,422.00	655.19	-1,024.59	340.64
Diluted EPS VND per share	1,152.32	75.79	1,611.83	621.71	1,936.91	73.74	1,644.41	480.07	1,422.00	655.19	-1,024.59	340.64

Item	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
A. SHORT-TERM ASSETS (100=110+120+130+140+150)	137.8	138.6	128.9	130.5	153.1	120.1	125.2	125.6	140.2	136.9	146.5	150.5
I. Cash and cash equivalents	26.5	33.6	27.4	30.5	62.5	55.8	58.5	59.9	67.1	77.8	81.3	87.7
1. Cash	11.5	18.6	12.4	15.5	47.5	40.8	28.5	29.9	37.1	47.8	51.3	57.7
2. Cash equivalents	15.0	15.0	15.0	15.0	15.0	15.0	30.0	30.0	30.0	30.0	30.0	30.0
II. Short-term financial investments	13.0	13.0	13.0	13.0	13.0	13.0	13.0	13.0	13.0	13.0	13.0	13.0
1. Available for sale securities	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
2. Provision for diminution in value of available for sale securities (*)	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
3. Held to maturity investments	13.0	13.0	13.0	13.0	13.0	13.0	13.0	13.0	13.0	13.0	13.0	13.0
III. Short-term receivables	45.6	43.6	34.0	43.1	38.3	33.3	13.9	31.4	35.2	25.0	11.9	33.7
1. Short-term trade accounts receivable	29.9	26.9	11.2	34.7	32.8	29.7	10.7	23.9	34.1	24.1	9.9	30.3
2. Short-term prepayments to suppliers	2.8	1.8	4.8	6.7	4.0	2.0	2.5	6.2	1.2	1.7	1.4	3.7
3. Short-term inter-company receivables	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
4. Construction contract progress receipts due from customers	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
5. Short-term loan receivables	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
6. Other short-term receivables	16.6	18.7	21.6	5.2	5.2	5.0	5.4	5.2	3.7	3.0	4.6	3.3
7. Provision for short-term doubtful debts (*)	-3.8	-3.7	-3.7	-3.6	-3.7	-3.4	-4.7	-3.9	-3.9	-3.9	-3.9	-3.7
8. Assets awaiting resolution	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
IV. Inventories	43.0	38.9	42.1	36.9	33.3	13.2	32.3	16.8	20.5	14.4	32.0	13.3
1. Inventories	43.0	38.9	42.1	36.9	33.3	13.2	32.3	16.8	20.5	14.4	32.0	13.3
2. Provision for decline in value of inventories	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
V. Other short-term assets	9.7	9.5	12.4	7.0	6.0	4.8	7.5	4.5	4.5	6.7	8.2	2.9
1. Short-term prepayments	7.0	6.1	9.6	7.0	6.0	4.8	7.1	4.5	4.5	5.5	4.5	2.8
2. Value added tax to be reclaimed	2.0	3.0	2.4	—	—	—	0.4	0.0	0.0	1.1	1.8	0.0
3. Taxes and other receivables from state authorities	0.7	0.4	0.4	—	—	—	0.0	0.0	0.0	0.0	1.9	0.0
4. Government bonds	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
5. Other short-term assets	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
B. LONG-TERM ASSETS (200=210+220+240+250+260+270)	228.9	215.7	211.7	183.2	179.1	177.0	169.1	154.0	150.3	155.9	162.0	143.8
I. Long-term receivables	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.4	0.9	1.0	1.0	1.0
1. Long-term trade receivables	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
2. Long-term prepayments to suppliers	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
3. Capital at inter-company	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
4. Long-term inter-company receivables	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
5. Long-term loan receivables	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
6. Other long-term receivables	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.4	0.9	1.0	1.0	1.0
7. Provision for long-term doubtful debts	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
II. Fixed assets	183.3	176.2	172.1	150.6	153.9	152.9	158.6	145.1	141.3	143.9	152.1	128.6
1. Tangible fixed assets	179.2	171.6	166.8	147.2	150.3	148.7	154.0	142.2	138.9	141.0	148.6	126.6
- Cost	674.0	656.6	—	—	—	—	596.6	576.1	564.8	558.9	558.6	529.2
- Accumulated depreciation	-494.8	-485.0	—	—	—	—	-442.6	-433.9	-425.9	-417.9	-410.0	-402.6
2. Financial leased fixed assets	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
- Cost	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
- Accumulated depreciation	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
3. Intangible fixed assets	4.1	4.6	5.3	3.4	3.6	4.1	4.7	2.9	2.4	2.9	3.5	2.0
- Cost	18.8	18.6	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
- Accumulated depreciation	-14.7	-14.0	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
III. Investment properties	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
- Cost	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
- Accumulated depreciation	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
IV. Long-term assets in progress	4.8	5.0	6.4	8.4	8.6	8.3	5.9	6.2	5.6	8.2	5.4	11.3
1. Long-term production in progress	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
2. Construction in progress	4.8	5.0	6.4	8.4	8.6	8.3	5.9	6.2	5.6	8.2	5.4	11.3
V. Long-term financial investments	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
1. Investments in subsidiaries	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
2. Investments in associates, joint-ventures	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
3. Investments in other entities	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
4. Provision for diminution in value of long-term investments	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
5. Held to maturity investments	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
6. Other long-term investments	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
VI. Other long-term assets	40.5	34.2	32.9	23.8	16.3	15.4	4.2	2.4	2.4	2.9	3.5	3.0
1. Long-term prepayments	40.5	34.2	32.9	23.8	16.3	15.4	4.2	2.4	2.4	2.9	3.5	3.0
2. Deferred income tax assets	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
3. Long-term equipment, supplies, spare parts	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
4. Other long-term assets	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
5. Goodwill	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
VII. Goodwill (before 2015)	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
TOTAL ASSETS (280=100+200)	366.7	354.4	340.6	313.7	332.2	297.0	294.3	279.6	290.5	292.8	308.5	294.4
A. LIABILITIES (300=210+330)	201.1	166.0	153.0	141.4	165.8	108.0	106.0	105.8	121.3	111.0	131.8	104.9
I. Short -term liabilities	200.6	165.2	152.1	139.7	164.1	104.0	101.9	99.3	114.8	102.0	122.8	93.5
1. Short-term trade accounts payable	59.9	44.7	64.7	17.4	63.7	47.0	53.7	54.4	48.0	50.6	75.6	43.9
2. Short-term advances from customers	0.5	0.6	0.8	0.9	1.2	1.6	0.5	0.9	0.8	0.5	0.6	0.7
3. Taxes and other payables to state authorities	4.1	1.4	5.8	3.9	7.3	2.4	6.1	2.9	5.4	3.0	1.0	1.8
4. Payable to employees	8.6	7.1	13.1	13.8	10.6	5.3	12.9	5.4	9.5	4.4	17.3	11.7
5. Short-term acrrued expenses	0.0	1.1	1.1	35.1	0.0	—	0.3	0.0	7.6	1.1	0.0	3.3
6. Short-term inter-company payables	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
7. Construction contract progress payments due to suppliers	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
8. Short-term unearned revenue	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
9. Other short-term payables	109.4	92.9	61.6	62.5	72.9	43.2	21.5	29.7	36.1	37.3	20.5	25.2
10. Short-term borrowings and financial leases	13.1	16.9	3.2	3.7	4.9	3.7	4.9	3.7	4.9	3.7	4.9	4.0
11. Provision for short-term liabilities	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
12.. Bonus and welfare fund	4.9	0.5	1.9	2.5	3.5	0.9	2.0	2.4	2.5	1.4	2.7	2.8
13. Price stabilization fund	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
14. Government bonds	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
II. Long-term liabilities	0.5	0.8	0.9	1.6	1.6	4.1	4.1	6.5	6.4	9.0	9.0	11.4
1. Long-term trade payables	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
2. Long-term advances from customers	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
3. Long-term acrrued expenses	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
4. Inter-company payables on business capital	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
5. Long-term inter-company payables	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
6. Long-term unearned revenue	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
7. Other long-term liabilities	0.4	0.5	0.6	0.6	0.6	0.6	0.6	0.5	0.5	0.5	0.6	0.5
8. Long-term borrowings and financial leases	0.1	0.3	0.3	1.0	1.0	3.5	3.5	5.9	5.9	8.4	8.4	10.9
9. Convertible bonds	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
10. Preferred stock (Debts) VND per share	—	—	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00
11. Deferred income tax liabilities	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
12. Provision for long-term liabilities	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
13. Fund for technology development	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
14. Provision for severance allowances	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
B. OWNER'S EQUITY (400=410+430)	165.5	188.3	187.6	172.3	166.4	189.0	188.3	173.8	169.3	181.8	176.6	189.5
I. Owner's equity	165.5	188.3	187.6	172.3	166.4	189.0	188.3	173.8	169.3	181.8	176.6	189.5
1. Owner's capital	95.0	95.0	95.0	95.0	95.0	95.0	95.0	95.0	95.0	95.0	95.0	95.0
- Common stock with voting right VND per share	95,000,000,000.00	95,000,000,000.00	95,000,000,000.00	95,000,000,000.00	95,000,000,000.00	95,000,000,000.00	95,000,000,000.00	95,000,000,000.00	95,000,000,000.00	95,000,000,000.00	95,000,000,000.00	95,000,000,000.00
- Preferred stock VND per share	—	—	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00
2. Share premium	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
3. Convertible bond option	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
4. Other capital of owners	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
5. Treasury shares VND per share	—	—	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00
6. Assets revaluation differences	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
7. Foreign exchange differences	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
8. Investment and development fund	58.9	52.3	52.3	52.3	52.3	44.0	44.0	44.0	44.0	41.2	41.2	41.2
9. Fund to support corporate restructuring	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
10. Other funds from owner's equity	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
11. Undistributed earnings after tax	11.7	41.0	40.3	25.0	19.1	50.0	49.3	34.8	30.3	45.6	40.5	53.3
- Accumulated retained earning at the end of the previous period	—	40.3	—	—	—	49.3	9.4	10.5	10.5	39.4	14.5	17.6
- Undistributed earnings in this period	11.7	0.7	40.3	25.0	19.1	0.7	39.9	24.3	19.7	6.2	26.0	35.7
12. Reserves for investment in construction	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
13. Minority's interest	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
14. Financial reserves	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
II. Other resources and funds	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
1. Subsidized not-for-profit funds	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
2. Funds invested in fixed assets	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
C. MINORITY'S INTEREST	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
TOTAL OWNER'S EQUITY AND LIABILITIES (440=300+400+500)	366.7	354.4	340.6	313.7	332.2	297.0	294.3	279.6	290.5	292.8	308.5	294.4

Item	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Profit Before Tax	—	—	26.7	—	23.9	—	0.0	-24.7	24.7	0.0	45.4	-40.9
Depreciation of Fixed Assets and Investment Property	—	—	19.5	—	18.6	—	0.0	-16.8	16.8	0.0	30.1	-14.6
Provision (Increase)/Reversal	—	—	0.1	—	0.3	—	0.0	-0.0	0.0	0.0	0.7	-0.5
FX Gain/Loss from Revaluation of Monetary Items	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Gain/Loss from Investment Activities	—	—	-0.6	—	-0.6	—	0.0	0.6	-0.6	0.0	-2.1	1.1
Interest Expense	—	—	0.2	—	0.2	—	0.0	-0.4	0.4	0.0	1.4	-0.7
Gain/Loss on Disposal of Fixed Assets	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Interest Income and Dividends	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Amortization of Goodwill	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Other Adjustments	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Operating Profit Before Changes in Working Capital	—	—	45.9	—	42.5	—	0.0	-41.4	41.4	0.0	75.4	-55.6
Increase/(Decrease) in Receivables	—	—	2.7	—	-25.1	—	0.0	21.6	-21.6	0.0	2.9	18.1
Increase/(Decrease) in Inventory	—	—	-8.7	—	-1.0	—	0.0	-8.6	8.6	0.0	-9.8	2.1
Increase/(Decrease) in Payables (Excl. Interest and CIT)	—	—	15.0	—	36.9	—	0.0	20.0	-20.0	0.0	7.7	5.1
Increase/(Decrease) in Prepaid Expenses	—	—	-19.5	—	-11.8	—	0.0	-0.7	0.7	0.0	0.3	-0.3
Changes in Trading Securities	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Interest Paid	—	—	-0.2	—	-0.3	—	0.0	0.4	-0.4	0.0	-1.4	0.7
Corporate Income Tax Paid	-4.4	-9.1	16.1	-22.3	4.7	-9.6	-5.3	-18.2	2.7	-4.5	14.1	-20.9
Other Operating Receipts	0.2	0.3	—	—	—	—	0.3	1.1	-0.2	0.2	-1.3	1.4
Other Operating Payments	-79.0	-22.0	148.0	-149.6	19.2	-31.4	-57.8	-152.6	25.5	-38.6	118.7	-119.0
Net Cash Flow from Operating Activities	2.2	7.0	78.0	-50.6	26.4	-1.9	-0.4	-13.0	-3.4	-2.8	53.7	-15.5
Payments for Fixed Assets and Other Long-term Assets	—	—	-33.4	—	-18.6	—	0.0	6.3	-6.3	0.0	-40.0	7.3
Proceeds from Disposal of Fixed Assets and Long-term Assets	9.6	0.3	-1.2	0.9	—	0.3	0.0	1.1	-0.4	0.4	-1.2	1.2
Loans and Purchases of Debt Instruments	—	—	-13.0	—	—	—	0.0	0.0	0.0	0.0	-13.0	0.0
Receipts from Loan Repayments and Sale of Debt Instruments	—	—	13.0	—	—	—	0.0	0.0	0.0	0.0	13.0	0.0
Investments in Other Entities	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Proceeds from Investments in Other Entities	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Dividends and Interest Income Received	0.2	0.2	0.6	-0.1	0.5	0.2	0.2	-0.2	0.6	0.2	1.1	-0.1
Increase/(Decrease) in Term Deposits	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Acquisition of Non-controlling Interests	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Other Investing Receipts	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Other Investing Payments	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Net Cash Flow from Investing Activities	9.9	0.5	-52.5	19.7	-18.4	0.5	0.3	7.2	-6.1	0.6	-40.1	8.4
Proceeds from Equity Issuance and Capital Contributions VND per share	—	—	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00
Share Repurchases VND per share	—	—	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00
Proceeds from Borrowings	0.1	0.0	—	0.4	—	0.0	0.1	0.3	-0.0	0.0	-0.3	0.3
Repayment of Borrowings	-19.2	-1.3	-0.9	-1.5	-1.2	-1.3	-1.3	-1.8	-1.2	-1.3	-0.8	-1.6
Repayment of Finance Leases	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Dividends Paid	—	—	-27.2	—	-0.0	—	0.0	0.0	-0.0	0.0	-18.9	5.3
Other Financing Receipts	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Other Financing Payments	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Net Cash Flow from Financing Activities	-19.1	-1.3	-28.6	-1.0	-1.2	-1.3	-1.2	-1.5	-1.3	-1.3	-20.0	3.9
Net Cash Flow During the Period	-7.1	6.1	-3.1	-32.0	6.7	-2.8	-1.4	-7.2	-10.7	-3.5	-6.4	-3.1
Cash and Cash Equivalents at Beginning of Period	33.6	27.4	30.5	62.5	55.8	58.5	81.3	81.3	81.3	81.3	88.7	88.7
FX Difference from Revaluation	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Cash and Cash Equivalents at End of Period	26.5	33.6	27.4	30.5	62.5	55.8	58.5	59.9	67.1	77.8	81.3	87.7

From one stock to the whole portfolio

Where does this stock stand
among the rest of your investments?

Each stock is only one part of the wider picture. Looking at investments side by side makes their contribution, risks and opportunities across the portfolio clearer.

How much does this stock
contribute to the portfolio?

Its weight and influence across the assets held for investment.

Is the portfolio
well balanced?

How holdings, sectors and asset groups are distributed in relation to overall risk.

What other opportunities
or risks may be present?

What becomes visible only when investments are viewed together rather than one ticker at a time.

View my portfolio

Where does this stock standamong the rest of your investments?

How much does this stockcontribute to the portfolio?

Is the portfoliowell balanced?

What other opportunitiesor risks may be present?

Where does this stock stand
among the rest of your investments?

How much does this stock
contribute to the portfolio?

Is the portfolio
well balanced?

What other opportunities
or risks may be present?