The financial statements of ITA

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	321.3	510.0	576.4	607.8	936.5
Revenue Deductions	—	134.2	9.6	2,153.0	0.0
Net Revenue	321.3	375.8	566.7	-1,545.2	936.5
Cost of Goods Sold	143.2	169.4	247.2	-1,375.3	0.0
Gross Profit	178.0	206.5	319.6	-169.9	415.2
Financial Income	2.3	3.0	2.3	17.2	19.8
Financial Expenses	12.5	-15.1	4.6	-31.3	-17.2
Interest Expense	12.5	-14.8	3.6	1.1	-13.8
Share of Associates and Joint Ventures	—	0.0	0.0	0.0	-5.1
Selling Expenses	5.3	0.4	2.7	0.3	-1.6
General and Administrative Expenses	57.5	81.9	67.0	95.3	-59.3
Operating Profit	105.0	142.3	247.5	-217.0	351.8
Other Income	14.9	3.2	13.5	15.6	0.0
Other Expenses	15.2	5.6	2.7	13.4	0.0
Other Profit	-0.3	-2.3	10.8	2.1	7.3
Profit Before Tax	104.7	139.9	258.3	-214.9	359.0
Current Income Tax Expense	25.6	27.8	54.4	40.8	-63.7
Deferred Income Tax Expense	-2.6	-3.4	-1.7	2.1	0.0
Net Income	81.7	115.5	205.6	-257.9	295.3
Non-controlling Interest	1.8	1.7	3.7	2.5	3.6
Profit Attributable to Parent	79.9	113.8	202.0	-260.4	291.7
Earnings per Share VND per share	85.00	121.00	215.00	-277.00	309.61
Diluted EPS VND per share	85.00	121.00	215.20	-277.00	310.85

Item	2025	2024	2023	2022	2021
A. SHORT-TERM ASSETS (100=110+120+130+140+150)	5,907.1	5,808.0	4,919.7	7,170.8	6,054.2
I. Cash and cash equivalents	4.8	55.1	50.9	17.6	233.2
1. Cash	4.8	48.1	50.9	17.6	0.0
2. Cash equivalents	—	7.0	0.0	0.0	0.0
II. Short-term financial investments	2.0	2.0	7.0	0.0	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	2.0	2.0	7.0	0.0	0.0
III. Short-term receivables	2,044.2	2,048.7	1,272.8	3,589.8	2,084.2
1. Short-term trade accounts receivable	659.9	744.8	396.0	483.3	0.0
2. Short-term prepayments to suppliers	424.4	395.7	386.9	439.2	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	—	11.8	11.8	11.8	0.0
6. Other short-term receivables	1,903.7	1,921.1	1,503.5	3,686.8	0.0
7. Provision for short-term doubtful debts (*)	-943.9	-1,024.7	-1,025.3	-1,031.4	0.0
8. Assets awaiting resolution	—	0.0	0.0	0.0	0.0
IV. Inventories	3,838.4	3,697.8	3,586.2	3,561.3	3,736.1
1. Inventories	3,898.8	3,758.2	3,646.6	3,621.7	0.0
2. Provision for decline in value of inventories	-60.4	-60.4	-60.4	-60.4	0.0
V. Other short-term assets	17.7	4.4	2.8	2.1	0.7
1. Short-term prepayments	0.3	0.7	1.4	0.2	0.0
2. Value added tax to be reclaimed	5.6	0.1	0.5	0.1	0.0
3. Taxes and other receivables from state authorities	11.8	3.6	0.8	1.9	0.0
4. Government bonds	—	0.0	0.0	0.0	0.0
5. Other short-term assets	—	0.1	0.0	0.0	0.0
B. LONG-TERM ASSETS (200=210+220+240+250+260+270)	6,868.6	6,824.0	7,165.0	5,050.7	7,366.4
I. Long-term receivables	2,892.4	2,845.0	2,670.5	8.2	0.0
1. Long-term trade receivables	3.4	3.4	0.0	6.1	1,940.8
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	11.8	0.0	0.0	0.0	0.0
6. Other long-term receivables	2,877.2	2,841.6	2,670.5	2.2	0.0
7. Provision for long-term doubtful debts	—	0.0	0.0	0.0	0.0
II. Fixed assets	147.7	155.0	153.6	158.9	140.3
1. Tangible fixed assets	135.3	137.4	135.5	139.4	128.7
- Cost	274.5	276.9	265.3	258.3	0.0
- Accumulated depreciation	-139.1	-139.5	-129.8	-118.9	0.0
2. Financial leased fixed assets	9.9	14.0	14.4	15.8	8.0
- Cost	14.5	18.7	18.0	18.7	0.0
- Accumulated depreciation	-4.6	-4.7	-3.6	-2.9	0.0
3. Intangible fixed assets	2.5	3.6	3.6	3.7	3.6
- Cost	8.2	9.5	9.5	9.5	0.0
- Accumulated depreciation	-5.6	-5.9	-5.8	-5.8	0.0
III. Investment properties	297.1	322.8	350.3	369.8	448.1
- Cost	624.8	624.8	624.8	608.2	0.0
- Accumulated depreciation	-327.7	-302.0	-274.5	-238.4	0.0
IV. Long-term assets in progress	3,326.6	3,286.8	3,194.5	3,210.1	1,484.4
1. Long-term production in progress	3,283.7	3,243.7	3,155.5	3,154.4	0.0
2. Construction in progress	43.0	43.2	39.1	55.7	0.0
V. Long-term financial investments	118.9	118.9	779.4	1,289.0	3,338.6
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	131.1	131.1	943.3	1,452.4	0.0
4. Provision for diminution in value of long-term investments	-12.2	-12.2	-163.9	-163.4	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	85.8	95.4	16.7	14.7	0.0
1. Long-term prepayments	13.9	14.5	16.7	14.7	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	14.1
5. Goodwill	71.9	80.9	0.0	0.0	0.0
VII. Goodwill (before 2015)	—	0.0	0.0	0.0	0.0
TOTAL ASSETS (280=100+200)	12,775.6	12,632.0	12,084.7	12,221.4	13,420.6
A. LIABILITIES (300=210+330)	2,007.1	1,946.7	1,783.0	2,125.4	2,362.1
I. Short -term liabilities	1,357.9	1,271.4	1,245.5	1,968.3	1,784.4
1. Short-term trade accounts payable	123.1	150.9	164.4	185.4	209.3
2. Short-term advances from customers	267.5	195.0	150.1	419.4	231.4
3. Taxes and other payables to state authorities	24.9	28.7	52.6	62.4	0.0
4. Payable to employees	4.6	1.6	1.6	1.7	0.0
5. Short-term acrrued expenses	678.5	677.4	677.8	679.6	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	11.6	10.1	12.5	6.8	9.0
9. Other short-term payables	186.1	148.8	148.0	589.1	0.0
10. Short-term borrowings and financial leases	61.6	58.7	38.3	23.9	23.0
11. Provision for short-term liabilities	—	0.0	0.0	0.0	0.0
12.. Bonus and welfare fund	0.1	0.1	0.1	0.1	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	649.2	675.3	537.6	157.1	577.7
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	493.7	516.9	427.5	43.0	0.0
8. Long-term borrowings and financial leases	63.1	62.9	6.0	8.4	113.3
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	91.7	94.5	103.0	104.7	0.0
12. Provision for long-term liabilities	0.8	1.0	1.1	1.1	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)	10,768.5	10,687.4	10,301.6	10,096.0	11,058.5
I. Owner's equity	10,768.5	10,687.4	10,301.6	10,096.0	0.0
1. Owner's capital	9,384.6	9,384.6	9,384.6	9,384.6	11,058.5
- Common stock with voting right VND per share	9,384,636,070,000.00	9,384,636,070,000.00	9,384,636,070,000.00	9,384,636,070,000.00	9,384,636,070,000.00
- Preferred stock VND per share	—	0.00	0.00	0.00	0.00
2. Share premium	307.4	307.4	307.4	307.4	307.4
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	-3,673,910,000.00	-3,673,910,000.00	-3,673,910,000.00	-3,673,910,000.00	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	9.0	9.0	9.0	9.0	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	761.3	681.9	568.1	366.2	1,326.2
- Accumulated retained earning at the end of the previous period	681.3	568.1	366.2	626.5	1,034.5
- Undistributed earnings in this period	79.9	113.8	202.0	-260.4	291.7
12. Reserves for investment in construction	—	0.0	0.0	0.0	0.0
13. Minority's interest	309.8	308.1	36.1	32.4	34.7
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)	12,775.6	12,634.1	12,084.7	12,221.4	13,420.6

Item	2025	2024	2023	2022	2021
Profit Before Tax	104.7	139.9	258.3	-214.9	359.0
Depreciation of Fixed Assets and Investment Property	25.0	38.4	47.7	36.8	35.8
Provision (Increase)/Reversal	—	-152.4	-6.0	34.0	0.0
FX Gain/Loss from Revaluation of Monetary Items	—	0.0	-0.0	-0.0	0.0
Gain/Loss from Investment Activities	—	110.4	-2.2	-17.1	0.0
Interest Expense	12.5	-18.6	3.6	1.1	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	142.2	117.7	301.3	-160.1	431.8
Increase/(Decrease) in Receivables	36.8	-561.3	62.8	952.8	0.0
Increase/(Decrease) in Inventory	-180.6	-199.8	-24.9	-1,568.8	0.0
Increase/(Decrease) in Payables (Excl. Interest and CIT)	57.5	619.2	-315.3	87.9	0.0
Increase/(Decrease) in Prepaid Expenses	1.0	3.0	-3.3	1.2	0.0
Changes in Trading Securities	—	0.0	0.0	0.0	0.0
Interest Paid	-87.0	-45.9	-2.5	-73.2	0.0
Corporate Income Tax Paid	-32.9	-69.6	-55.0	-58.2	0.0
Other Operating Receipts	—	0.0	0.0	0.0	0.0
Other Operating Payments	—	0.0	0.0	-5.2	0.0
Net Cash Flow from Operating Activities	-62.8	-136.9	-37.0	-823.5	517.0
Payments for Fixed Assets and Other Long-term Assets	-3.0	-5.3	-24.7	-21.2	-43.2
Proceeds from Disposal of Fixed Assets and Long-term Assets	0.1	0.0	0.0	54.1	0.1
Loans and Purchases of Debt Instruments	-12.0	-110.0	83.3	-141.1	-4.2
Receipts from Loan Repayments and Sale of Debt Instruments	22.0	108.0	1.0	141.0	0.0
Investments in Other Entities	—	0.0	0.0	-15.3	-156.2
Proceeds from Investments in Other Entities	—	70.8	0.0	678.9	0.0
Dividends and Interest Income Received	2.3	2.4	2.1	17.1	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	9.4	66.0	61.8	713.5	-201.9
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	90.1	123.2	37.9	20.7	-149.6
Repayment of Borrowings	-81.3	-39.9	-25.9	-118.7	-14.2
Repayment of Finance Leases	-5.7	-6.0	-3.4	-6.1	0.0
Dividends Paid	—	0.0	0.0	0.0	0.0
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	3.1	77.3	8.6	-104.1	-163.7
Net Cash Flow During the Period	-50.3	6.4	33.3	-214.1	211.3
Cash and Cash Equivalents at Beginning of Period	55.1	50.9	17.6	231.7	81.8
FX Difference from Revaluation	—	0.0	0.0	0.0	0.0
Cash and Cash Equivalents at End of Period	4.8	57.3	50.9	17.6	233.2

Item	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23
Revenue	168.0	76.8	77.9	86.0	90.1	67.3	149.2	70.9	77.2	243.6	186.1	81.3
Revenue Deductions	—	—	—	—	—	—	0.0	0.0	5.8	0.0	5.1	0.0
Net Revenue	168.0	76.8	77.9	86.0	90.1	67.3	149.2	70.9	71.4	243.6	181.1	81.3
Cost of Goods Sold	45.9	30.3	41.6	31.1	35.6	35.0	54.4	40.5	35.0	101.5	72.9	40.6
Gross Profit	122.1	46.5	36.3	54.9	54.6	32.3	94.7	30.4	36.4	142.1	108.2	40.7
Financial Income	0.1	0.0	0.0	0.0	2.1	0.1	2.3	0.0	0.3	0.2	0.0	2.0
Financial Expenses	4.6	3.9	3.6	3.6	3.7	1.6	2.6	-20.9	0.4	0.9	-1.6	0.9
Interest Expense	5.0	3.4	3.6	3.6	3.7	1.6	2.7	-20.9	1.0	0.9	0.9	0.9
Share of Associates and Joint Ventures	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Selling Expenses	0.7	1.9	4.3	0.3	0.7	0.1	0.1	0.1	0.1	0.2	2.4	0.1
General and Administrative Expenses	20.7	30.5	-28.9	22.1	33.2	31.1	19.3	3.0	15.9	26.4	14.6	15.3
Operating Profit	96.3	10.2	57.4	28.9	19.1	-0.3	75.0	48.3	20.4	114.8	92.9	26.5
Other Income	1.1	0.9	0.5	0.2	0.9	13.3	0.3	0.8	2.0	4.0	3.7	2.9
Other Expenses	4.9	3.1	12.8	1.2	1.2	0.1	2.3	0.7	0.6	2.2	0.0	0.2
Other Profit	-3.7	-2.2	-12.2	-1.0	-0.3	13.2	-2.0	0.1	1.5	1.8	3.7	2.7
Profit Before Tax	92.5	7.9	45.1	27.9	18.8	12.9	73.0	48.4	21.9	116.6	96.6	29.2
Current Income Tax Expense	16.1	6.2	8.6	6.7	4.8	5.5	6.0	4.5	3.3	26.2	18.6	5.6
Deferred Income Tax Expense	-0.3	-0.2	-1.8	-0.3	-0.3	-0.3	-1.0	-0.2	-1.6	-0.4	-0.2	-0.4
Net Income	76.8	2.0	38.3	21.5	14.3	7.7	68.0	44.0	20.2	90.8	78.2	23.9
Non-controlling Interest	0.5	0.5	0.3	0.5	0.5	0.4	0.6	0.3	0.4	1.7	1.2	0.4
Profit Attributable to Parent	76.3	1.5	37.9	21.0	13.8	7.3	67.4	43.7	19.8	89.1	77.0	23.5
Earnings per Share VND per share	81.00	2.00	40.00	22.00	15.00	8.00	72.00	47.00	21.00	95.00	82.00	25.00
Diluted EPS VND per share	81.00	2.00	40.00	22.00	15.00	8.00	72.00	46.61	21.07	94.94	82.05	25.05

Item	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23
A. SHORT-TERM ASSETS (100=110+120+130+140+150)	5,856.7	5,911.9	5,907.1	5,834.9	5,798.8	5,806.5	5,642.3	5,612.7	5,604.9	4,919.7	5,178.6	5,170.4
I. Cash and cash equivalents	10.6	12.3	4.8	11.1	4.2	34.9	65.3	102.2	14.4	50.9	28.1	9.2
1. Cash	10.6	12.3	4.8	11.1	4.2	5.9	43.3	102.2	14.4	50.9	28.1	9.2
2. Cash equivalents	—	—	—	—	—	29.0	22.0	0.0	0.0	0.0	0.0	0.0
II. Short-term financial investments	1.0	2.0	2.0	2.0	2.0	2.0	3.0	0.0	0.0	7.0	7.0	0.0
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	1.0	2.0	2.0	2.0	2.0	2.0	3.0	0.0	0.0	7.0	7.0	0.0
III. Short-term receivables	2,001.0	2,000.6	2,044.2	2,007.9	2,012.8	2,021.3	1,893.4	1,923.0	2,005.8	1,272.8	1,499.8	1,556.0
1. Short-term trade accounts receivable	615.6	607.5	659.9	707.4	706.1	736.2	808.8	801.4	880.8	396.0	442.9	430.5
2. Short-term prepayments to suppliers	439.5	438.0	424.4	396.8	390.5	373.1	417.2	429.8	440.4	386.9	388.7	444.6
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	—	—	—	11.8	11.8	11.8	11.8	11.8	11.8	11.8	11.8	11.8
6. Other short-term receivables	1,889.8	1,899.0	1,903.7	1,916.6	1,929.1	1,924.8	1,665.1	1,689.5	1,694.2	1,503.5	1,687.4	1,700.4
7. Provision for short-term doubtful debts (*)	-943.9	-943.9	-943.9	-1,024.7	-1,024.7	-1,024.7	-1,009.5	-1,009.5	-1,021.3	-1,025.3	-1,031.1	-1,031.4
8. Assets awaiting resolution	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
IV. Inventories	3,818.2	3,881.0	3,838.4	3,794.2	3,756.9	3,738.1	3,670.3	3,585.9	3,581.3	3,586.2	3,637.3	3,594.4
1. Inventories	3,878.6	3,941.4	3,898.8	3,854.6	3,817.3	3,798.5	3,730.7	3,646.3	3,641.7	3,646.6	3,697.7	3,654.8
2. Provision for decline in value of inventories	-60.4	-60.4	-60.4	-60.4	-60.4	-60.4	-60.4	-60.4	-60.4	-60.4	-60.4	-60.4
V. Other short-term assets	25.8	16.1	17.7	19.8	22.9	10.2	10.2	1.6	3.4	2.8	6.4	10.9
1. Short-term prepayments	3.4	4.5	0.3	0.4	0.4	0.4	0.3	0.1	0.2	1.4	5.0	9.8
2. Value added tax to be reclaimed	5.3	4.5	5.6	3.4	1.7	2.3	0.1	0.1	0.8	0.5	0.1	0.1
3. Taxes and other receivables from state authorities	17.1	7.0	11.8	16.0	20.8	7.5	9.8	1.4	2.4	0.8	1.3	0.9
4. Government bonds	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
5. Other short-term assets	—	—	—	—	0.1	0.1	0.0	0.0	0.0	0.0	0.0	0.0
B. LONG-TERM ASSETS (200=210+220+240+250+260+270)	6,956.1	6,882.4	6,868.6	6,865.7	6,862.5	6,853.2	6,640.0	6,631.7	6,537.3	7,165.0	7,009.7	7,038.7
I. Long-term receivables	2,897.9	2,896.6	2,892.4	2,873.9	2,867.0	2,852.9	2,835.0	2,815.4	2,706.1	2,670.5	2,509.4	2,114.1
1. Long-term trade receivables	40.8	40.8	3.4	3.4	3.4	—	0.0	0.0	0.0	0.0	0.0	1.5
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	—	—	11.8	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
6. Other long-term receivables	2,857.0	2,855.8	2,877.2	2,870.5	2,863.6	2,852.9	2,835.0	2,815.4	2,706.1	2,670.5	2,509.4	2,112.6
7. Provision for long-term doubtful debts	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
II. Fixed assets	149.1	148.3	147.7	152.2	154.8	158.2	155.0	158.2	157.6	153.6	154.8	156.6
1. Tangible fixed assets	139.8	136.3	135.3	138.5	140.7	143.6	136.9	138.4	140.1	135.5	137.8	138.1
- Cost	280.4	278.3	—	—	—	—	273.7	272.2	271.1	265.3	265.8	262.3
- Accumulated depreciation	-140.7	-142.0	—	—	—	—	-136.7	-133.8	-131.0	-129.8	-128.0	-124.2
2. Financial leased fixed assets	6.8	9.5	9.9	10.2	10.6	11.0	14.5	16.2	14.0	14.4	13.4	14.9
- Cost	10.3	14.5	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
- Accumulated depreciation	-3.5	-5.0	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
3. Intangible fixed assets	2.5	2.5	2.5	3.5	3.5	3.6	3.6	3.6	3.6	3.6	3.6	3.6
- Cost	8.2	8.2	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
- Accumulated depreciation	-5.7	-5.7	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
III. Investment properties	364.1	291.2	297.1	303.2	309.6	316.2	329.6	336.4	343.3	350.3	357.5	356.4
- Cost	704.3	624.8	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
- Accumulated depreciation	-340.2	-333.5	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
IV. Long-term assets in progress	3,337.8	3,337.7	3,326.6	3,326.6	3,321.6	3,312.6	3,185.9	3,185.9	3,194.0	3,194.5	3,195.9	3,195.7
1. Long-term production in progress	3,294.8	3,294.8	3,283.7	3,283.7	3,278.5	3,269.5	3,147.3	3,147.4	3,155.5	3,155.5	3,154.9	3,154.6
2. Construction in progress	43.0	43.0	43.0	43.0	43.2	43.2	38.6	38.5	38.5	39.1	41.1	41.1
V. Long-term financial investments	131.0	130.7	118.9	118.9	118.9	118.9	118.9	118.9	118.9	779.4	779.4	1,197.6
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	131.4	131.1	131.1	131.1	131.1	131.1	131.1	131.1	131.1	943.3	943.3	1,361.0
4. Provision for diminution in value of long-term investments	-12.2	-12.2	-12.2	-12.2	-12.2	-12.2	-12.2	-12.2	-12.2	-163.9	-163.9	-163.4
5. Held to maturity investments	11.8	11.8	—	—	—	—	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	76.3	77.7	85.8	90.8	90.5	94.4	15.5	17.0	17.4	16.7	12.7	18.2
1. Long-term prepayments	8.9	8.1	13.9	14.4	14.1	15.8	15.6	17.0	17.4	16.7	12.7	18.2
2. Deferred income tax assets	—	—	—	—	—	—	-0.1	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	67.4	69.6	71.9	76.4	76.4	78.6	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)	12,812.8	12,794.3	12,775.6	12,700.6	12,661.3	12,659.7	12,282.2	12,244.5	12,142.2	12,084.7	12,188.3	12,209.1
A. LIABILITIES (300=210+330)	1,965.5	2,023.9	2,007.1	1,970.4	1,952.6	1,965.3	1,848.4	1,878.7	1,820.4	1,783.0	1,977.5	2,074.2
I. Short -term liabilities	1,245.7	1,319.7	1,357.9	1,322.6	1,306.2	1,278.8	1,326.8	1,351.4	1,389.0	1,245.5	1,827.9	1,923.6
1. Short-term trade accounts payable	120.3	120.9	123.1	125.7	124.7	127.2	236.6	201.2	212.7	164.4	170.2	160.4
2. Short-term advances from customers	177.4	252.1	267.5	244.6	229.4	243.9	161.5	202.4	150.1	150.1	288.8	397.4
3. Taxes and other payables to state authorities	25.4	16.3	24.9	23.9	22.2	16.7	24.6	52.8	55.4	52.6	37.5	41.0
4. Payable to employees	2.7	1.4	4.6	0.1	1.9	0.2	0.3	0.3	0.3	1.6	0.6	0.3
5. Short-term acrrued expenses	678.3	676.8	678.5	679.0	677.5	676.2	679.5	678.7	740.1	677.8	678.3	680.5
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	10.2	10.9	11.6	0.8	4.7	9.1	13.9	7.4	10.2	12.5	12.5	6.9
9. Other short-term payables	154.7	190.0	186.1	186.1	181.7	146.0	151.8	151.2	177.7	148.0	608.2	609.6
10. Short-term borrowings and financial leases	76.6	51.2	61.6	62.2	64.1	59.4	58.6	57.2	42.3	38.3	31.7	27.5
11. Provision for short-term liabilities	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
12.. Bonus and welfare fund	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1
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	719.9	704.1	649.2	647.8	646.4	686.4	521.6	527.3	431.5	537.6	149.5	150.5
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	549.2	504.7	493.7	483.5	477.5	508.1	357.0	358.2	324.0	427.5	39.2	38.9
8. Long-term borrowings and financial leases	79.0	107.5	63.1	69.9	74.2	83.3	68.5	72.0	5.1	6.0	5.8	6.7
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	90.9	91.2	91.7	93.5	93.7	94.0	95.1	96.1	101.4	103.0	103.4	103.8
12. Provision for long-term liabilities	0.8	0.8	0.8	1.0	1.0	1.0	1.0	1.0	1.1	1.1	1.1	1.1
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)	10,847.3	10,770.5	10,768.5	10,730.2	10,708.8	10,694.5	10,433.8	10,365.8	10,321.8	10,301.6	10,210.8	10,135.0
I. Owner's equity	10,847.3	10,770.5	10,768.5	10,730.2	10,708.8	10,694.5	10,433.8	10,365.8	10,321.8	10,301.6	10,210.8	10,135.0
1. Owner's capital	9,384.6	9,384.6	9,384.6	9,384.6	9,384.6	9,384.6	9,384.6	9,384.6	9,384.6	9,384.6	9,384.6	9,384.6
- Common stock with voting right VND per share	9,384,636,070,000.00	9,384,636,070,000.00	9,384,636,070,000.00	9,384,636,070,000.00	9,384,636,070,000.00	9,384,636,070,000.00	9,384,636,070,000.00	9,384,636,070,000.00	9,384,636,070,000.00	9,384,636,070,000.00	9,384,636,070,000.00	9,384,636,070,000.00
- Preferred stock VND per share	—	—	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00
2. Share premium	307.4	307.4	307.4	307.4	307.4	307.4	307.4	307.4	307.4	307.4	307.4	307.4
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	-3,673,910,000.00	-3,673,910,000.00	-3,673,910,000.00	-3,673,910,000.00	-3,673,910,000.00	-3,673,910,000.00	-3,673,910,000.00	-3,673,910,000.00	-3,673,910,000.00	-3,673,910,000.00	-3,673,910,000.00	-3,673,910,000.00
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	9.0	9.0	9.0	9.0	9.0	9.0	9.0	9.0	9.0	9.0	9.0	9.0
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	839.1	762.8	761.3	723.3	702.4	688.6	699.0	631.6	587.9	568.1	479.1	404.4
- Accumulated retained earning at the end of the previous period	761.3	761.3	681.3	681.3	681.3	681.3	568.1	568.1	568.1	366.2	366.2	366.2
- Undistributed earnings in this period	77.8	1.5	79.9	42.0	21.0	7.3	130.9	63.5	19.8	202.0	112.9	38.3
12. Reserves for investment in construction	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
13. Minority's interest	310.8	310.3	309.8	309.5	309.0	308.5	37.4	36.8	36.5	36.1	34.4	33.2
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)	12,812.8	12,794.3	12,775.6	12,700.6	12,661.3	12,659.7	12,282.2	12,244.5	12,142.2	12,084.7	12,188.3	12,209.1

Item	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23
Profit Before Tax	92.5	7.9	45.1	27.9	18.8	12.9	73.0	48.4	21.9	116.6	96.6	26.3
Depreciation of Fixed Assets and Investment Property	3.8	9.1	-3.3	9.2	9.9	9.2	9.6	10.1	8.7	9.4	10.6	17.9
Provision (Increase)/Reversal	—	—	—	—	—	—	-56.4	0.0	-111.2	-6.2	-2.6	2.8
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	—	—	—	—	—	—	-223.0	111.6	0.0	-0.1	-0.0	-2.1
Interest Expense	5.0	3.4	3.6	3.6	3.7	1.6	2.7	-20.9	1.0	0.9	0.9	0.9
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	101.3	20.5	45.4	40.7	32.4	23.7	-194.1	149.1	-79.7	120.5	105.4	45.8
Increase/(Decrease) in Receivables	-59.9	80.8	-20.2	11.2	-13.5	59.3	-208.9	-80.9	-97.3	243.9	-144.6	49.8
Increase/(Decrease) in Inventory	8.5	-42.7	-44.3	-42.5	-27.8	-66.0	-76.3	-4.6	4.9	51.1	-44.8	-15.7
Increase/(Decrease) in Payables (Excl. Interest and CIT)	-55.3	-17.3	44.3	24.0	-8.2	-2.6	514.1	-77.2	141.7	-482.4	242.2	-149.6
Increase/(Decrease) in Prepaid Expenses	0.4	1.5	0.6	-0.3	1.7	-1.0	1.2	0.4	0.6	-0.4	1.6	-4.6
Changes in Trading Securities	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Interest Paid	19.2	-61.7	-26.6	-18.5	0.0	-41.9	13.4	-33.8	-15.9	-1.5	0.7	-1.5
Corporate Income Tax Paid	-18.6	-3.8	-1.4	-1.6	-18.2	-11.7	-34.1	-9.7	-1.4	-2.3	-28.9	-19.0
Other Operating Receipts	—	—	—	—	—	—	0.0	0.0	0.0	0.0	-0.0	0.0
Other Operating Payments	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Net Cash Flow from Operating Activities	-4.3	-22.7	-2.1	13.1	-33.6	-40.2	15.3	-56.6	-47.0	-71.1	131.6	-94.9
Payments for Fixed Assets and Other Long-term Assets	—	-3.8	3.1	0.0	-4.8	-1.3	-0.2	-1.1	-0.7	-0.8	-17.7	-2.8
Proceeds from Disposal of Fixed Assets and Long-term Assets	1.1	—	0.1	0.0	0.0	0.0	-0.0	0.0	0.0	0.0	0.0	0.0
Loans and Purchases of Debt Instruments	-1.0	—	-12.0	—	—	—	-97.0	-2.0	0.0	90.3	-7.0	1.0
Receipts from Loan Repayments and Sale of Debt Instruments	2.0	—	12.0	0.0	10.0	—	72.0	0.0	9.0	1.0	0.0	0.0
Investments in Other Entities	-0.3	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Proceeds from Investments in Other Entities	—	—	—	—	—	—	0.0	64.4	0.0	0.0	-91.3	91.3
Dividends and Interest Income Received	0.1	0.0	0.0	0.0	2.1	0.1	2.4	0.3	0.0	0.0	0.0	2.1
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	5.7	-3.8	3.2	0.0	7.3	-1.1	-22.8	61.6	8.4	90.6	-116.1	91.6
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	-22.3	95.7	19.2	12.3	-4.5	63.1	9.7	91.8	13.0	13.4	8.9	8.9
Repayment of Borrowings	18.5	-59.2	-25.9	-17.1	0.0	-38.2	-8.0	-8.0	-9.9	-6.6	-5.6	-7.0
Repayment of Finance Leases	0.7	-2.5	-0.7	-1.3	0.0	-3.7	-8.3	-1.1	-0.9	-3.4	0.0	0.0
Dividends Paid	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
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	-3.1	34.0	-7.4	-6.2	-4.5	21.2	-6.6	82.7	2.2	3.3	3.4	1.9
Net Cash Flow During the Period	-1.6	7.5	-6.3	6.9	-30.8	-20.2	-14.1	87.8	-36.5	22.8	18.9	-1.4
Cash and Cash Equivalents at Beginning of Period	12.3	4.8	11.1	4.2	34.9	55.1	28.1	50.9	50.9	17.6	17.6	17.6
FX Difference from Revaluation	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	-0.0
Cash and Cash Equivalents at End of Period	10.6	12.3	4.8	11.1	4.2	34.9	65.3	102.2	14.4	50.9	28.1	9.2

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?