The financial statements of HUB

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	305.4	308.6	355.3	426.1	445.5
Revenue Deductions	—	0.0	0.2	0.9	0.0
Net Revenue	305.4	308.5	355.1	425.1	445.4
Cost of Goods Sold	226.3	229.3	260.3	312.1	0.0
Gross Profit	79.1	79.3	94.8	113.1	106.5
Financial Income	33.5	12.0	17.2	8.7	7.5
Financial Expenses	1.4	2.1	2.2	1.7	-0.8
Interest Expense	1.4	2.0	2.2	1.5	-0.7
Share of Associates and Joint Ventures	31.8	30.6	24.7	16.7	18.0
Selling Expenses	4.6	5.9	6.4	8.4	-9.8
General and Administrative Expenses	47.0	31.2	55.2	49.5	-52.6
Operating Profit	91.5	82.6	72.8	78.9	68.7
Other Income	8.4	5.2	9.8	4.1	0.0
Other Expenses	12.1	4.6	4.0	2.7	0.0
Other Profit	-3.7	0.6	5.9	1.4	3.5
Profit Before Tax	87.7	83.2	78.7	80.3	72.3
Current Income Tax Expense	13.5	11.6	12.3	14.2	-10.7
Deferred Income Tax Expense	-0.4	0.4	-0.8	-0.7	0.0
Net Income	74.7	71.2	67.2	66.8	61.6
Non-controlling Interest	2.7	3.3	4.5	8.6	9.3
Profit Attributable to Parent	72.0	67.9	62.8	58.2	52.3
Earnings per Share VND per share	2,190.00	2,374.00	2,196.00	2,422.00	2,733.00
Diluted EPS VND per share	2,190.00	2,374.00	2,196.00	2,422.00	2,742.40

Item	2025	2024	2023	2022	2021
A. SHORT-TERM ASSETS (100=110+120+130+140+150)	568.9	525.7	514.5	465.3	430.4
I. Cash and cash equivalents	47.7	94.7	52.1	79.5	88.0
1. Cash	10.7	10.4	11.0	21.5	0.0
2. Cash equivalents	37.0	84.3	41.1	58.0	0.0
II. Short-term financial investments	212.3	148.1	249.7	152.4	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	212.3	148.1	249.7	152.4	0.0
III. Short-term receivables	209.3	127.6	72.4	68.4	76.0
1. Short-term trade accounts receivable	81.1	80.0	96.1	92.1	0.0
2. Short-term prepayments to suppliers	160.8	77.7	5.5	3.1	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	0.8	0.8	7.8	1.3	0.0
6. Other short-term receivables	15.2	16.0	19.9	18.0	0.0
7. Provision for short-term doubtful debts (*)	-48.6	-46.9	-57.1	-46.9	0.0
8. Assets awaiting resolution	—	0.0	0.0	0.9	0.0
IV. Inventories	88.9	138.2	129.8	154.4	155.8
1. Inventories	89.3	138.8	130.1	154.7	0.0
2. Provision for decline in value of inventories	-0.4	-0.6	-0.3	-0.3	0.0
V. Other short-term assets	10.7	17.1	10.5	10.6	15.0
1. Short-term prepayments	0.5	0.9	0.6	0.5	0.0
2. Value added tax to be reclaimed	8.6	7.1	0.8	1.1	0.0
3. Taxes and other receivables from state authorities	1.5	9.1	9.2	9.0	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)	431.5	435.3	419.8	381.4	359.9
I. Long-term receivables	1.2	1.1	0.9	0.9	0.0
1. Long-term trade receivables	—	0.0	0.0	0.0	2.5
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	1.2	1.1	0.9	0.9	0.0
7. Provision for long-term doubtful debts	—	0.0	0.0	0.0	0.0
II. Fixed assets	155.9	172.1	63.5	70.0	80.6
1. Tangible fixed assets	154.4	170.4	61.6	67.8	78.2
- Cost	387.1	408.8	285.8	279.3	0.0
- Accumulated depreciation	-232.6	-238.4	-224.2	-211.4	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	1.5	1.7	1.9	2.1	2.4
- Cost	4.8	5.5	5.4	5.4	0.0
- Accumulated depreciation	-3.4	-3.8	-3.6	-3.3	0.0
III. Investment properties	44.8	48.6	50.9	54.0	37.6
- Cost	105.1	104.8	103.3	102.7	0.0
- Accumulated depreciation	-60.3	-56.3	-52.4	-48.7	0.0
IV. Long-term assets in progress	4.8	0.4	105.7	70.7	60.6
1. Long-term production in progress	—	0.0	0.0	0.0	0.0
2. Construction in progress	4.8	0.4	105.7	70.7	0.0
V. Long-term financial investments	198.8	186.3	171.5	158.0	150.3
1. Investments in subsidiaries	—	0.0	0.0	0.0	0.0
2. Investments in associates, joint-ventures	197.8	185.2	170.3	156.9	0.0
3. Investments in other entities	1.0	1.1	1.1	1.1	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	26.1	26.9	27.4	27.9	0.0
1. Long-term prepayments	21.8	23.0	23.5	24.8	0.0
2. Deferred income tax assets	4.3	3.9	3.8	3.0	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	28.3
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)	1,000.4	961.1	934.3	846.6	790.3
A. LIABILITIES (300=210+330)	332.9	346.4	341.1	308.1	309.7
I. Short -term liabilities	171.3	171.4	201.0	202.7	230.7
1. Short-term trade accounts payable	26.8	28.6	38.9	46.6	76.5
2. Short-term advances from customers	29.6	19.9	47.7	46.0	40.7
3. Taxes and other payables to state authorities	10.6	5.2	12.0	6.4	0.0
4. Payable to employees	14.9	17.9	17.8	20.0	0.0
5. Short-term acrrued expenses	0.4	0.5	0.9	0.2	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	4.9	5.2	5.2	4.1	3.6
9. Other short-term payables	52.5	53.6	54.0	53.9	0.0
10. Short-term borrowings and financial leases	10.0	16.2	11.8	8.7	12.5
11. Provision for short-term liabilities	9.1	12.7	2.8	8.5	0.0
12.. Bonus and welfare fund	12.7	11.4	9.8	8.3	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	161.6	175.1	140.1	105.3	79.0
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	130.1	99.4	87.7	64.1	63.5
7. Other long-term liabilities	20.3	14.7	6.9	6.8	0.0
8. Long-term borrowings and financial leases	—	48.6	33.7	22.4	3.0
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	1.8	2.3	1.8	1.8	0.0
12. Provision for long-term liabilities	9.3	10.1	9.9	10.2	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)	667.5	614.6	593.2	538.6	480.6
I. Owner's equity	667.5	614.6	593.2	538.6	0.0
1. Owner's capital	302.4	263.0	263.0	228.7	480.6
- Common stock with voting right VND per share	302,428,780,000.00	262,984,370,000.00	262,984,370,000.00	228,683,950,000.00	190,573,160,000.00
- 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	24.2	28.9	28.9	13.9	9.2
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	39.9	28.8	25.8	34.8	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	270.2	253.2	233.9	217.7	208.3
- Accumulated retained earning at the end of the previous period	198.2	185.4	171.2	159.5	156.0
- Undistributed earnings in this period	72.0	67.9	62.8	58.2	52.3
12. Reserves for investment in construction	—	0.0	0.0	0.0	0.0
13. Minority's interest	30.8	40.7	41.6	43.5	39.4
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)	1,000.4	961.1	934.3	846.6	790.3

Item	2025	2024	2023	2022	2021
Profit Before Tax	87.7	83.2	78.7	80.3	72.3
Depreciation of Fixed Assets and Investment Property	24.3	19.4	17.5	17.7	19.1
Provision (Increase)/Reversal	-2.9	0.1	4.2	7.8	0.0
FX Gain/Loss from Revaluation of Monetary Items	-0.0	0.1	-0.1	-0.0	0.0
Gain/Loss from Investment Activities	-34.7	-12.0	-16.9	-9.4	0.0
Interest Expense	1.4	2.0	2.2	1.5	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	75.9	92.9	85.6	97.9	76.4
Increase/(Decrease) in Receivables	-77.7	-75.1	-19.8	1.0	0.0
Increase/(Decrease) in Inventory	49.5	-8.7	24.6	1.4	0.0
Increase/(Decrease) in Payables (Excl. Interest and CIT)	37.2	-23.1	19.0	-20.4	0.0
Increase/(Decrease) in Prepaid Expenses	1.6	0.2	1.2	2.0	0.0
Changes in Trading Securities	—	0.0	0.0	0.0	0.0
Interest Paid	-1.4	-2.0	-2.2	-1.5	0.0
Corporate Income Tax Paid	-11.3	-16.0	-7.9	-12.2	0.0
Other Operating Receipts	—	0.0	0.0	0.0	0.0
Other Operating Payments	-5.7	-5.0	-5.8	-6.4	0.0
Net Cash Flow from Operating Activities	68.1	-36.9	94.7	61.9	96.4
Payments for Fixed Assets and Other Long-term Assets	-27.6	-20.4	-42.9	-34.4	-41.7
Proceeds from Disposal of Fixed Assets and Long-term Assets	2.1	0.2	0.1	1.7	0.4
Loans and Purchases of Debt Instruments	-295.8	-292.9	-323.5	-238.8	-173.9
Receipts from Loan Repayments and Sale of Debt Instruments	231.6	401.5	219.6	182.3	191.7
Investments in Other Entities	—	0.0	0.0	0.0	0.0
Proceeds from Investments in Other Entities	22.2	0.0	0.8	0.0	0.0
Dividends and Interest Income Received	11.3	13.6	14.9	8.0	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	-56.3	101.9	-130.9	-81.2	-0.0
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	10.9	45.5	93.4	57.8	80.3
Repayment of Borrowings	-65.8	-26.1	-79.0	-42.4	-102.0
Repayment of Finance Leases	—	0.0	0.0	0.0	0.0
Dividends Paid	-4.0	-41.7	-5.7	-4.5	-28.4
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	-58.9	-22.4	8.8	11.0	-50.1
Net Cash Flow During the Period	-47.0	42.6	-27.5	-8.4	-3.3
Cash and Cash Equivalents at Beginning of Period	94.7	52.1	79.5	88.0	41.7
FX Difference from Revaluation	0.0	-0.0	0.1	-0.1	0.0
Cash and Cash Equivalents at End of Period	47.7	94.7	52.1	79.5	88.0

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	114.0	68.4	63.5	83.7	85.3	73.0	78.9	64.9	89.4	75.9	99.8	80.8
Revenue Deductions	—	0.0	0.9	—	—	—	0.0	0.0	0.0	0.0	0.0	-0.1
Net Revenue	114.0	68.4	62.6	83.7	85.3	73.0	78.8	64.9	89.4	75.9	99.8	81.0
Cost of Goods Sold	88.4	48.4	43.4	59.8	62.9	59.5	64.8	41.0	74.2	54.1	79.4	60.5
Gross Profit	25.7	20.0	19.2	23.9	22.4	13.5	14.0	23.9	15.3	21.8	20.4	20.4
Financial Income	4.6	3.6	4.2	23.4	3.4	2.0	4.7	1.2	4.6	1.3	4.3	4.3
Financial Expenses	0.0	0.1	0.1	—	0.3	1.1	0.7	0.5	0.5	0.3	0.5	0.7
Interest Expense	0.0	0.1	0.1	—	0.3	1.1	0.7	0.5	0.5	0.3	0.5	0.7
Share of Associates and Joint Ventures	10.9	3.7	11.7	2.7	9.1	7.7	13.1	5.3	7.3	3.5	10.4	4.7
Selling Expenses	0.9	0.7	0.7	1.1	1.1	1.8	2.4	1.3	1.2	1.0	1.1	1.2
General and Administrative Expenses	13.5	8.6	15.4	13.4	12.3	6.4	14.3	9.0	6.5	0.7	21.3	9.4
Operating Profit	26.8	17.9	19.0	35.5	21.2	14.0	14.4	19.6	19.0	24.5	12.3	18.2
Other Income	2.9	0.0	4.2	2.8	1.3	0.6	0.8	1.9	1.3	0.5	7.5	1.8
Other Expenses	0.3	0.4	1.1	8.7	1.7	0.9	-1.5	1.1	1.0	1.1	1.4	1.3
Other Profit	2.6	-0.4	3.1	-5.8	-0.4	-0.3	2.4	0.9	0.3	-0.6	6.1	0.6
Profit Before Tax	29.4	17.5	22.1	29.7	20.8	13.7	16.7	20.5	19.3	24.0	18.3	18.8
Current Income Tax Expense	3.5	3.1	3.5	4.5	3.1	1.7	1.9	3.0	3.4	3.5	1.5	2.8
Deferred Income Tax Expense	0.5	-0.2	-0.6	-0.5	0.4	0.2	-0.5	0.3	-0.8	0.8	0.4	0.2
Net Income	25.3	14.6	19.2	25.7	17.2	11.8	15.3	17.1	16.7	19.6	16.4	15.8
Non-controlling Interest	2.4	1.2	-0.6	0.3	2.5	0.4	0.2	1.3	1.3	0.6	0.7	0.6
Profit Attributable to Parent	22.9	13.4	19.9	25.5	14.8	11.4	15.1	15.8	15.4	19.1	15.7	15.2
Earnings per Share VND per share	756.81	407.00	656.88	841.98	561.93	400.00	575.96	602.65	583.83	724.00	598.76	576.36
Diluted EPS VND per share	756.81	407.00	656.88	841.98	561.93	400.00	2,238.00	602.65	583.83	724.00	598.76	576.36

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)	613.6	622.7	568.9	561.8	536.6	579.7	528.0	588.6	575.6	524.8	512.3	517.5
I. Cash and cash equivalents	52.3	50.2	47.7	147.0	72.3	83.6	89.7	152.0	149.9	77.6	52.1	51.4
1. Cash	14.6	13.9	10.7	11.3	12.9	10.5	11.4	15.1	33.8	18.5	11.0	8.7
2. Cash equivalents	37.7	36.3	37.0	135.8	59.3	73.2	78.3	136.9	116.1	59.1	41.1	42.7
II. Short-term financial investments	218.0	219.9	212.3	170.2	190.7	201.1	153.1	210.8	207.8	219.7	249.7	222.8
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	218.0	219.9	212.3	170.2	190.7	201.1	153.1	210.8	207.8	219.7	249.7	222.8
III. Short-term receivables	84.5	72.1	209.3	161.9	178.7	180.2	128.9	58.4	79.3	89.6	70.7	80.3
1. Short-term trade accounts receivable	106.5	88.2	81.1	106.5	129.4	131.5	80.0	81.1	96.7	110.4	96.1	93.3
2. Short-term prepayments to suppliers	14.4	18.8	160.8	90.0	81.3	78.1	77.7	4.1	3.6	3.3	5.5	6.7
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	—	—	0.8	0.8	0.8	0.8	0.8	2.0	7.8	7.8	7.8	7.8
6. Other short-term receivables	15.8	15.4	15.2	14.2	16.4	15.8	17.9	17.2	18.3	18.4	19.9	21.2
7. Provision for short-term doubtful debts (*)	-52.1	-50.3	-48.6	-49.7	-49.3	-46.1	-47.4	-46.1	-47.2	-50.3	-58.8	-49.4
8. Assets awaiting resolution	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.6
IV. Inventories	247.5	263.3	88.9	79.2	89.5	107.6	138.2	155.3	127.3	126.8	129.3	151.9
1. Inventories	247.8	263.7	89.3	79.6	92.2	108.2	138.8	155.6	127.6	127.1	129.6	152.3
2. Provision for decline in value of inventories	-0.2	-0.4	-0.4	-0.4	-2.7	-0.5	-0.6	-0.3	-0.3	-0.3	-0.3	-0.3
V. Other short-term assets	11.2	17.3	10.7	3.4	5.4	7.1	18.0	12.1	11.4	11.2	10.6	11.0
1. Short-term prepayments	1.3	0.8	0.5	0.5	1.2	1.4	0.9	1.5	1.7	1.4	0.7	0.9
2. Value added tax to be reclaimed	8.9	10.5	8.7	2.4	4.2	5.7	8.1	1.6	0.8	0.7	0.8	0.9
3. Taxes and other receivables from state authorities	1.0	6.0	1.4	0.5	—	—	9.0	9.0	9.0	9.1	9.2	9.3
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)	438.9	425.6	431.3	419.0	428.8	430.4	436.6	420.7	418.7	420.1	419.1	409.9
I. Long-term receivables	1.4	1.4	1.2	1.2	1.2	1.2	1.2	1.1	1.1	1.2	0.9	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	1.4	1.4	1.2	1.2	1.2	1.2	1.2	1.1	1.1	1.2	0.9	1.0
7. Provision for long-term doubtful debts	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
II. Fixed assets	149.5	154.9	155.9	148.5	161.2	166.1	174.1	55.3	56.7	59.5	63.8	64.9
1. Tangible fixed assets	148.2	153.5	154.4	147.0	159.6	164.5	172.4	53.5	54.9	57.7	61.9	62.9
- Cost	373.5	391.3	—	—	—	—	407.4	285.0	283.3	284.3	285.8	284.2
- Accumulated depreciation	-225.3	-237.7	—	—	—	—	-235.0	-231.5	-228.3	-226.6	-223.9	-221.3
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	1.3	1.4	1.5	1.5	1.6	1.7	1.7	1.8	1.8	1.8	1.9	1.9
- Cost	4.8	4.8	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
- Accumulated depreciation	-3.5	-3.4	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
III. Investment properties	42.6	43.7	44.8	45.8	46.7	47.6	47.6	48.5	50.4	51.0	50.9	51.4
- Cost	105.1	105.1	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
- Accumulated depreciation	-62.4	-61.4	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
IV. Long-term assets in progress	13.2	3.8	4.8	6.7	1.5	0.6	0.4	114.9	112.3	111.6	104.4	100.8
1. Long-term production in progress	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
2. Construction in progress	13.2	3.8	4.8	6.7	1.5	0.6	0.4	114.9	112.3	111.6	104.4	100.8
V. Long-term financial investments	206.8	195.9	198.2	190.6	191.8	188.4	185.8	175.3	171.8	170.6	171.3	163.5
1. Investments in subsidiaries	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
2. Investments in associates, joint-ventures	205.8	194.9	197.2	189.5	190.7	187.3	184.7	174.2	170.7	169.4	170.1	162.4
3. Investments in other entities	1.0	1.0	1.0	1.1	1.1	1.1	1.1	1.1	1.1	1.1	1.1	1.1
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	25.3	25.9	26.4	26.1	26.3	26.5	27.4	25.7	26.5	26.3	27.8	28.2
1. Long-term prepayments	21.4	21.4	22.1	22.4	23.0	22.8	22.9	22.2	22.7	23.2	23.7	23.6
2. Deferred income tax assets	4.0	4.5	4.3	3.7	3.2	3.6	4.5	3.5	3.8	3.0	4.1	4.6
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)	1,052.5	1,048.3	1,000.2	980.8	965.4	1,010.1	964.6	1,009.3	994.4	944.9	931.4	927.3
A. LIABILITIES (300=210+330)	354.2	366.2	332.8	321.3	332.1	383.6	353.8	413.9	414.7	358.4	338.8	351.2
I. Short -term liabilities	179.0	206.1	170.9	158.4	168.7	172.6	187.5	232.4	232.3	212.1	197.1	219.4
1. Short-term trade accounts payable	48.2	46.8	26.8	21.5	29.1	26.6	28.7	37.3	38.9	42.4	37.5	42.2
2. Short-term advances from customers	14.6	38.6	29.6	15.7	16.5	17.2	29.9	58.3	42.9	47.9	47.7	39.1
3. Dividends and profits payable	0.4	—	—	—	—	—	—	—	—	—	—	—
3. Taxes and other payables to state authorities	7.3	8.4	9.8	15.6	9.7	6.4	4.9	12.4	9.9	7.9	12.0	16.1
4. Payable to employees	6.0	5.0	15.4	9.4	7.4	4.1	17.9	12.6	9.3	4.7	17.7	11.4
5. Short-term acrrued expenses	0.5	1.1	0.3	1.9	1.4	0.9	3.6	3.5	4.2	2.0	0.3	0.2
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	22.8	30.5	4.9	13.7	21.7	29.7	4.2	13.7	18.3	28.1	4.6	10.8
9. Other short-term payables	51.1	52.2	52.4	53.0	52.6	52.0	54.3	55.3	67.7	54.3	53.4	53.3
10. Short-term borrowings and financial leases	—	2.0	10.0	—	1.8	12.6	16.2	12.6	13.0	12.8	11.8	26.3
11. Provision for short-term liabilities	8.8	9.1	9.1	12.2	12.4	12.0	16.5	13.2	13.9	2.9	2.2	9.7
12.. Bonus and welfare fund	19.4	12.4	12.6	15.4	16.2	11.1	11.2	13.5	14.3	9.1	9.8	10.4
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	175.1	160.1	161.8	162.9	163.4	211.1	166.3	181.5	182.3	146.3	141.7	131.8
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	146.5	129.0	130.1	131.5	132.5	133.6	91.3	92.3	100.0	87.5	61.2	62.2
7. Other long-term liabilities	18.5	19.9	20.4	20.4	19.0	19.6	14.0	22.0	14.0	14.4	35.0	21.0
8. Long-term borrowings and financial leases	—	—	—	—	0.1	46.0	48.6	55.5	56.6	32.6	33.7	36.7
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	1.8	1.8	1.8	1.9	2.3	2.3	2.3	1.8	1.8	1.8	1.8	1.8
12. Provision for long-term liabilities	8.3	9.3	9.5	9.2	9.5	9.7	10.1	9.8	9.9	10.0	9.9	10.1
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)	698.3	682.1	667.4	659.4	633.3	626.4	610.7	595.4	579.7	586.5	592.6	576.1
I. Owner's equity	698.3	682.1	667.4	659.4	633.3	626.4	610.7	595.4	579.7	586.5	592.6	576.1
1. Owner's capital	302.4	302.4	302.4	302.4	263.0	263.0	263.0	263.0	263.0	263.0	263.0	263.0
- Common stock with voting right VND per share	302,428,780,000.00	302,428,780,000.00	302,428,780,000.00	302,428,780,000.00	262,984,370,000.00	262,984,370,000.00	262,984,370,000.00	262,984,370,000.00	262,984,370,000.00	262,984,370,000.00	262,984,370,000.00	262,984,370,000.00
- 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	24.2	24.2	24.2	24.2	28.9	28.9	28.9	28.9	28.9	28.9	13.9	13.9
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	53.0	39.9	39.9	39.9	40.2	28.8	28.8	28.8	28.8	25.8	25.8	25.8
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	285.1	283.6	272.4	252.4	261.6	264.7	249.4	234.2	219.8	226.7	248.3	232.5
- Accumulated retained earning at the end of the previous period	248.8	270.2	200.9	200.8	235.4	253.2	185.4	185.4	185.4	207.6	186.1	186.1
- Undistributed earnings in this period	36.4	13.4	71.4	51.6	26.2	11.4	64.0	48.8	34.4	19.1	62.1	46.4
12. Reserves for investment in construction	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
13. Minority's interest	33.6	32.0	28.5	40.5	39.6	41.0	40.7	40.5	39.2	42.2	41.7	41.0
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)	1,052.5	1,048.3	1,000.2	980.8	965.4	1,010.1	964.6	1,009.3	994.4	944.9	931.4	927.3

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	29.4	17.5	24.2	29.3	20.6	13.7	16.7	20.5	17.3	24.0	19.3	19.4
Depreciation of Fixed Assets and Investment Property	6.3	6.3	5.9	5.9	6.2	6.3	4.6	3.7	3.8	3.9	4.7	4.1
Provision (Increase)/Reversal	0.3	1.7	-4.1	-2.4	5.6	-2.0	5.2	-1.4	7.4	-6.7	0.6	-4.2
FX Gain/Loss from Revaluation of Monetary Items	—	—	0.0	—	-0.0	—	0.0	0.0	-0.0	0.0	-0.3	0.3
Gain/Loss from Investment Activities	-4.6	-3.6	-6.0	-23.4	-3.4	-2.0	-4.7	-18.1	-1.2	-4.8	9.7	-18.5
Interest Expense	0.0	0.1	0.1	0.0	0.3	1.1	0.7	0.5	0.5	0.3	0.5	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	31.5	21.9	20.1	9.4	29.3	17.1	22.5	5.2	27.7	16.7	34.4	1.8
Increase/(Decrease) in Receivables	-15.2	131.1	-36.0	4.8	-2.9	-43.6	-89.0	24.5	11.0	-10.6	-5.2	-0.5
Increase/(Decrease) in Inventory	15.9	-174.4	-9.7	12.5	16.0	30.6	16.8	-28.6	0.1	3.0	22.1	-7.1
Increase/(Decrease) in Payables (Excl. Interest and CIT)	-14.3	45.7	-0.1	-7.9	-2.8	47.9	-52.8	10.1	0.6	23.4	17.3	9.8
Increase/(Decrease) in Prepaid Expenses	-0.5	0.1	0.6	1.3	-0.0	-0.3	-0.1	0.6	0.3	-0.5	0.4	0.6
Changes in Trading Securities	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Interest Paid	-0.0	-0.1	-0.0	0.0	-0.3	-1.1	-0.7	-0.5	-0.5	-0.3	-0.5	-0.8
Corporate Income Tax Paid	-4.4	-6.4	-2.8	-3.9	-0.4	-4.3	-6.3	-0.5	-0.5	-8.7	-2.1	-0.4
Other Operating Receipts	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Other Operating Payments	-2.1	-0.3	0.1	-3.5	-2.0	-0.3	-2.2	-4.4	-1.5	-0.7	0.0	-2.6
Net Cash Flow from Operating Activities	11.0	17.6	-27.8	12.8	37.0	46.2	-111.9	6.4	37.3	22.3	66.5	0.9
Payments for Fixed Assets and Other Long-term Assets	-13.3	-3.3	-19.5	-6.7	-1.1	-0.3	-8.1	-3.9	-1.1	-6.0	-7.6	-12.5
Proceeds from Disposal of Fixed Assets and Long-term Assets	0.6	—	0.9	0.3	0.1	0.8	0.0	0.0	0.2	0.0	0.1	0.0
Loans and Purchases of Debt Instruments	-109.1	-19.0	-64.9	-88.4	-33.2	-109.3	-74.9	-51.7	-105.9	-49.6	-107.1	-30.1
Receipts from Loan Repayments and Sale of Debt Instruments	110.9	12.3	22.8	104.1	48.4	56.3	132.6	48.7	117.8	79.6	73.6	42.9
Investments in Other Entities	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Proceeds from Investments in Other Entities	—	—	0.1	22.0	—	—	0.0	0.0	0.0	0.0	0.0	0.8
Dividends and Interest Income Received	4.2	3.2	-17.6	24.3	2.6	2.0	3.8	15.2	2.2	5.6	-2.4	10.5
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	-6.6	-6.7	-78.2	55.6	16.8	-50.6	53.3	8.3	13.2	29.6	-43.4	11.7
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	0.0	0.1	8.2	0.4	—	2.4	7.4	9.9	30.5	9.1	6.2	15.6
Repayment of Borrowings	-2.0	-8.1	1.8	-4.6	-54.3	-8.7	-10.7	-11.4	-6.2	-9.3	-23.7	-35.9
Repayment of Finance Leases	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Dividends Paid	-0.2	-0.4	-3.4	3.5	-3.7	-0.4	-0.4	-11.0	-2.5	-26.3	-5.3	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	-2.2	-8.4	6.6	1.6	-60.4	-6.7	-3.7	-12.5	21.8	-26.5	-22.7	-15.0
Net Cash Flow During the Period	2.1	2.5	-99.4	70.0	-6.6	-11.1	-62.2	2.1	72.3	25.5	0.4	-2.5
Cash and Cash Equivalents at Beginning of Period	50.2	47.7	147.0	77.0	83.6	94.7	52.1	52.1	52.1	52.1	79.5	79.5
FX Difference from Revaluation	—	—	0.0	—	0.0	—	0.0	-0.0	0.0	0.0	0.3	-0.2
Cash and Cash Equivalents at End of Period	52.3	50.2	47.7	147.0	77.0	83.6	89.7	152.0	149.9	77.6	52.1	51.4

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How much does this stock
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Where does this stock standamong the rest of your investments?

How much does this stockcontribute to the portfolio?

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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?