The financial statements of MCF

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	530.7	480.1	443.8	423.6	443.6
Revenue Deductions	0.0	0.0	0.0	0.3	0.0
Net Revenue	530.7	480.1	443.8	423.3	443.6
Cost of Goods Sold	468.0	438.8	393.8	366.8	0.0
Gross Profit	62.7	41.3	50.1	56.5	47.0
Financial Income	1.3	1.0	0.6	0.6	0.2
Financial Expenses	5.5	6.0	3.3	5.4	-5.6
Interest Expense	5.4	5.9	3.1	5.1	-5.4
Share of Associates and Joint Ventures	—	0.0	0.0	0.0	0.0
Selling Expenses	15.0	12.7	13.3	13.6	-12.6
General and Administrative Expenses	32.7	21.7	21.9	25.4	-19.8
Operating Profit	10.9	1.9	12.2	12.8	9.3
Other Income	1.7	13.0	2.0	1.2	0.0
Other Expenses	0.0	2.4	0.3	0.3	0.0
Other Profit	1.7	10.6	1.7	0.9	4.3
Profit Before Tax	12.5	12.5	13.9	13.7	13.5
Current Income Tax Expense	2.2	2.9	3.0	2.8	-2.6
Deferred Income Tax Expense	—	0.0	0.0	0.0	0.0
Net Income	10.3	9.7	10.9	10.9	10.9
Non-controlling Interest	—	0.0	0.0	0.0	0.0
Profit Attributable to Parent	10.3	9.7	10.9	10.9	10.9
Earnings per Share VND per share	772.00	766.00	835.00	852.00	1,011.88
Diluted EPS VND per share	953.41	895.75	1,007.95	1,013.73	1,011.88

Item	2025	2024	2023	2022	2021
A. SHORT-TERM ASSETS (100=110+120+130+140+150)	152.0	170.9	135.8	154.3	182.3
I. Cash and cash equivalents	1.8	3.1	6.1	5.0	5.2
1. Cash	1.8	3.1	6.1	5.0	0.0
2. Cash equivalents	—	0.0	0.0	0.0	0.0
II. Short-term financial investments	—	0.0	0.0	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	—	0.0	0.0	0.0	0.0
III. Short-term receivables	28.1	35.8	28.7	36.3	42.1
1. Short-term trade accounts receivable	27.1	37.4	28.6	35.5	0.0
2. Short-term prepayments to suppliers	2.7	0.2	0.3	0.4	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	—	0.0	1.9	2.1	0.0
7. Provision for short-term doubtful debts (*)	-1.7	-1.7	-1.9	-1.7	0.0
8. Assets awaiting resolution	—	0.0	0.0	0.0	0.0
IV. Inventories	121.1	131.3	100.8	113.0	135.0
1. Inventories	121.1	131.3	100.8	113.0	0.0
2. Provision for decline in value of inventories	—	0.0	0.0	0.0	0.0
V. Other short-term assets	1.1	0.6	0.2	0.1	0.0
1. Short-term prepayments	1.0	0.6	0.0	0.0	0.0
2. Value added tax to be reclaimed	—	0.0	0.2	0.1	0.0
3. Taxes and other receivables from state authorities	0.0	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)	17.1	24.2	33.5	39.5	46.5
I. Long-term receivables	0.2	0.5	0.4	0.1	0.0
1. Long-term trade receivables	—	0.0	0.0	0.0	0.1
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	0.2	0.5	0.4	0.1	0.0
7. Provision for long-term doubtful debts	—	0.0	0.0	0.0	0.0
II. Fixed assets	16.8	23.6	28.4	35.2	42.1
1. Tangible fixed assets	16.7	23.5	28.3	35.2	42.1
- Cost	118.7	122.7	121.1	124.4	0.0
- Accumulated depreciation	-102.0	-99.2	-92.8	-89.2	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	0.0	0.1	0.1	0.0	0.0
- Cost	0.8	0.8	0.8	0.7	0.0
- Accumulated depreciation	-0.8	-0.8	-0.8	-0.7	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	0.1	0.1	4.7	4.2	4.3
1. Long-term production in progress	—	0.0	4.1	4.2	0.0
2. Construction in progress	0.1	0.1	0.6	0.0	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	—	0.0	0.0	0.0	0.0
1. Long-term prepayments	—	0.0	0.0	0.0	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	0.0
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)	169.1	195.1	169.3	193.7	228.8
A. LIABILITIES (300=210+330)	49.0	76.8	45.6	71.0	107.2
I. Short -term liabilities	49.0	76.6	45.3	70.7	107.0
1. Short-term trade accounts payable	12.4	12.9	7.8	8.9	10.8
2. Short-term advances from customers	4.9	2.9	6.7	7.0	6.8
3. Taxes and other payables to state authorities	1.3	1.5	1.1	0.7	0.0
4. Payable to employees	6.5	0.5	3.9	5.2	0.0
5. Short-term acrrued expenses	0.3	0.1	0.0	0.2	0.0
6. Short-term inter-company payables	0.8	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	—	0.9	2.4	0.8	0.0
10. Short-term borrowings and financial leases	20.2	55.9	21.3	45.5	82.8
11. Provision for short-term liabilities	0.8	0.3	0.6	0.7	0.0
12.. Bonus and welfare fund	1.9	1.5	1.4	1.7	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	—	0.3	0.3	0.3	0.3
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	—	0.3	0.3	0.3	0.0
8. Long-term borrowings and financial leases	—	0.0	0.0	0.0	0.0
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	—	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)	120.0	118.3	123.8	122.7	121.6
I. Owner's equity	120.0	118.3	123.8	122.7	0.0
1. Owner's capital	107.8	107.8	107.8	107.8	121.6
- Common stock with voting right VND per share	107,778,380,000.00	107,778,380,000.00	107,778,380,000.00	107,778,380,000.00	107,778,380,000.00
- Preferred stock VND per share	—	0.00	0.00	0.00	0.00
2. Share premium	-0.0	-0.0	-0.0	-0.0	-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	2.0	1.0	5.1	4.0	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	10.3	9.5	11.0	11.0	10.9
- Accumulated retained earning at the end of the previous period	0.0	0.2	0.2	0.2	0.1
- Undistributed earnings in this period	10.3	9.4	10.8	10.8	10.8
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)	169.1	195.1	169.3	193.7	228.8

Item	2025	2024	2023	2022	2021
Profit Before Tax	12.5	12.5	13.9	13.7	13.5
Depreciation of Fixed Assets and Investment Property	7.1	6.6	6.8	7.5	7.5
Provision (Increase)/Reversal	0.4	-0.5	0.1	0.6	0.0
FX Gain/Loss from Revaluation of Monetary Items	-0.0	0.0	0.0	0.1	0.0
Gain/Loss from Investment Activities	-0.8	-0.2	0.1	-0.0	0.0
Interest Expense	5.4	5.9	3.1	5.1	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	24.5	24.4	23.9	26.9	26.0
Increase/(Decrease) in Receivables	7.7	-6.9	6.9	5.9	0.0
Increase/(Decrease) in Inventory	10.2	-26.3	11.1	21.6	0.0
Increase/(Decrease) in Payables (Excl. Interest and CIT)	7.7	-3.8	-1.2	-0.4	0.0
Increase/(Decrease) in Prepaid Expenses	-0.4	-0.6	0.0	0.0	0.0
Changes in Trading Securities	—	0.0	0.0	0.0	0.0
Interest Paid	-5.4	-5.9	-3.1	-5.1	0.0
Corporate Income Tax Paid	-2.9	-2.6	-2.7	-2.6	0.0
Other Operating Receipts	0.3	0.0	0.0	0.0	0.0
Other Operating Payments	-1.1	-1.8	-2.1	-1.4	0.0
Net Cash Flow from Operating Activities	40.8	-23.5	32.7	44.8	-63.7
Payments for Fixed Assets and Other Long-term Assets	-1.1	-1.3	-1.3	-0.0	-2.5
Proceeds from Disposal of Fixed Assets and Long-term Assets	1.6	0.1	1.8	0.0	0.0
Loans and Purchases of Debt Instruments	—	0.0	0.0	0.0	0.0
Receipts from Loan Repayments and Sale of Debt Instruments	—	0.0	0.0	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	0.1	0.0	0.0	0.0	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	0.6	-1.2	0.5	0.0	-2.5
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	404.1	480.4	282.6	295.4	493.6
Repayment of Borrowings	-439.8	-445.7	-306.8	-332.7	-422.5
Repayment of Finance Leases	—	0.0	0.0	0.0	0.0
Dividends Paid	-7.0	-12.9	-7.9	-7.8	-7.5
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	-42.7	21.7	-32.1	-45.1	63.6
Net Cash Flow During the Period	-1.3	-2.9	1.1	-0.2	0.2
Cash and Cash Equivalents at Beginning of Period	3.1	6.1	5.0	5.2	7.9
FX Difference from Revaluation	0.0	-0.0	-0.0	-0.0	-0.0
Cash and Cash Equivalents at End of Period	1.8	3.1	6.1	5.0	5.2

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	212.8	123.9	119.6	125.4	140.8	144.9	137.2	103.4	120.9	118.6	120.6	127.8
Revenue Deductions	—	—	—	—	0.0	—	0.0	0.0	0.0	0.0	0.0	0.0
Net Revenue	212.8	123.9	119.6	125.4	140.8	144.9	137.2	103.4	120.9	118.6	120.6	127.8
Cost of Goods Sold	187.5	110.6	102.8	106.3	126.6	132.2	127.7	90.5	113.7	107.0	109.6	113.0
Gross Profit	25.3	13.3	16.8	19.1	14.2	12.7	9.5	12.9	7.2	11.7	11.0	14.8
Financial Income	0.3	0.1	0.1	0.4	0.5	0.3	0.4	0.1	0.3	0.2	0.3	0.2
Financial Expenses	1.5	0.3	0.7	1.3	2.4	1.1	1.0	1.7	2.3	0.9	0.4	0.6
Interest Expense	1.4	0.2	0.7	1.3	2.4	1.0	1.0	1.7	2.3	0.9	0.2	0.6
Share of Associates and Joint Ventures	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Selling Expenses	6.0	3.0	4.0	3.1	3.4	4.4	4.1	2.5	2.9	3.2	4.0	4.3
General and Administrative Expenses	8.8	6.3	9.1	12.7	5.3	5.6	5.0	3.1	9.3	4.3	4.0	6.8
Operating Profit	9.3	3.9	3.1	2.3	3.6	1.9	-0.2	5.7	-6.9	3.3	2.9	3.3
Other Income	0.7	0.1	0.3	0.3	0.7	0.4	1.0	0.8	10.8	0.4	0.6	0.2
Other Expenses	0.0	0.0	—	0.0	0.0	0.0	-1.4	3.8	0.1	0.0	0.2	0.0
Other Profit	0.7	0.1	0.3	0.3	0.7	0.3	2.5	-2.9	10.7	0.3	0.4	0.2
Profit Before Tax	10.0	4.0	3.4	2.6	4.3	2.2	2.3	2.8	3.8	3.7	3.3	3.5
Current Income Tax Expense	2.3	0.8	0.4	0.5	0.9	0.5	0.8	0.5	0.8	0.7	0.8	0.7
Deferred Income Tax Expense	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Net Income	7.7	3.2	3.0	2.1	3.4	1.8	1.5	2.3	2.9	2.9	2.4	2.8
Non-controlling Interest	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Profit Attributable to Parent	7.7	3.2	3.0	2.1	3.4	1.8	1.5	2.3	2.9	2.9	2.4	2.8
Earnings per Share VND per share	718.42	295.48	279.09	193.14	316.43	164.75	137.99	214.35	272.29	271.12	225.41	262.80
Diluted EPS VND per share	718.42	295.48	279.09	193.14	316.43	164.75	137.99	214.35	272.29	271.12	225.41	262.80

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)	288.7	167.9	152.0	185.2	236.6	338.8	170.9	225.7	279.3	339.4	135.8	136.9
I. Cash and cash equivalents	10.8	5.7	1.8	1.1	6.2	5.6	3.1	4.1	9.7	8.9	6.1	4.0
1. Cash	10.8	5.7	1.8	1.1	1.7	1.1	3.1	1.6	7.2	6.4	6.1	4.0
2. Cash equivalents	—	—	—	—	4.5	4.5	0.0	2.5	2.5	2.5	0.0	0.0
II. Short-term financial investments	8.2	8.0	—	—	—	—	0.0	0.0	0.0	0.0	0.0	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	8.2	8.0	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
III. Short-term receivables	99.3	35.8	28.1	38.0	31.2	53.9	35.8	29.1	26.7	40.0	28.7	35.0
1. Short-term trade accounts receivable	97.0	33.3	27.1	39.7	30.6	51.9	37.4	29.9	28.5	36.2	28.6	36.5
2. Short-term prepayments to suppliers	3.9	4.2	2.7	0.0	0.2	0.2	0.2	0.1	0.1	0.1	0.3	0.1
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	0.1	0.0	—	0.1	2.1	3.5	0.0	0.9	0.1	5.7	1.9	0.3
7. Provision for short-term doubtful debts (*)	-1.7	-1.7	-1.7	-1.7	-1.7	-1.7	-1.7	-1.7	-2.0	-1.9	-1.9	-1.9
8. Assets awaiting resolution	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
IV. Inventories	170.0	118.4	121.1	146.0	198.7	278.5	131.3	192.0	242.0	290.2	100.8	97.6
1. Inventories	170.6	119.8	121.1	146.0	198.7	278.5	131.3	192.0	242.0	290.2	100.8	97.6
2. Provision for decline in value of inventories	-0.6	-1.4	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
V. Other short-term assets	0.5	0.0	1.1	—	0.6	0.8	0.6	0.5	0.8	0.3	0.2	0.4
1. Short-term prepayments	0.5	—	1.0	—	0.3	0.5	0.6	0.4	0.8	0.2	0.0	0.0
2. Value added tax to be reclaimed	—	—	—	—	0.3	0.3	0.0	0.0	0.1	0.1	0.2	0.4
3. Taxes and other receivables from state authorities	0.0	0.0	0.0	—	—	—	0.0	0.0	0.0	0.0	0.0	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)	14.8	16.0	17.1	19.5	20.2	21.7	24.2	25.6	26.9	32.6	33.5	33.9
I. Long-term receivables	0.2	0.2	0.2	0.2	0.5	0.5	0.5	0.5	0.5	0.4	0.4	0.1
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	0.2	0.2	0.2	0.2	0.5	0.5	0.5	0.5	0.5	0.4	0.4	0.1
7. Provision for long-term doubtful debts	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
II. Fixed assets	14.6	15.5	16.8	19.2	19.6	21.1	23.6	24.4	26.1	27.0	28.4	29.6
1. Tangible fixed assets	14.5	15.5	16.7	19.1	19.6	21.1	23.5	24.3	26.0	26.9	28.3	29.6
- Cost	119.0	118.8	—	—	—	—	122.7	121.9	121.9	121.3	121.1	120.7
- Accumulated depreciation	-104.4	-103.3	—	—	—	—	-99.2	-97.6	-95.9	-94.4	-92.8	-91.1
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	0.0	0.0	0.0	0.0	0.0	0.1	0.1	0.1	0.1	0.1	0.1	0.0
- Cost	0.8	0.8	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
- Accumulated depreciation	-0.8	-0.8	—	—	—	—	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	0.0	0.2	0.1	0.1	0.1	0.1	0.1	0.6	0.3	5.2	4.7	4.2
1. Long-term production in progress	—	—	—	—	—	—	0.0	0.0	0.0	4.2	4.1	4.1
2. Construction in progress	0.0	0.2	0.1	0.1	0.1	0.1	0.1	0.6	0.3	1.0	0.6	0.1
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	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
1. Long-term prepayments	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
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)	303.5	183.8	169.1	204.7	256.8	360.5	195.1	251.3	306.1	372.0	169.3	170.9
A. LIABILITIES (300=210+330)	181.4	60.6	49.0	87.7	141.9	240.4	76.8	134.4	191.5	245.4	45.6	49.5
I. Short -term liabilities	181.4	60.6	49.0	87.7	141.9	240.4	76.6	134.1	191.2	245.1	45.3	49.2
1. Short-term trade accounts payable	95.2	13.7	12.4	9.7	12.4	16.0	12.9	9.2	9.1	12.8	7.8	7.6
2. Short-term advances from customers	10.2	6.9	4.9	1.8	4.7	5.3	2.9	6.2	8.0	33.1	6.7	7.0
3. Taxes and other payables to state authorities	2.6	0.9	1.3	2.6	1.3	0.5	1.5	1.6	1.3	0.7	1.1	2.3
4. Payable to employees	4.9	7.6	6.5	6.0	—	—	0.5	0.9	3.6	1.3	3.9	6.0
5. Short-term acrrued expenses	0.5	1.8	0.3	0.4	0.2	0.4	0.1	0.2	0.1	0.2	0.0	0.4
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	0.6	0.7	0.8	1.1	3.9	1.0	0.9	1.8	0.9	2.5	2.4	0.6
10. Short-term borrowings and financial leases	64.8	27.8	20.2	63.9	117.3	216.5	55.9	112.4	165.9	193.5	21.3	22.8
11. Provision for short-term liabilities	0.5	0.7	0.8	0.4	0.4	0.3	0.3	0.2	0.3	0.6	0.6	0.9
12.. Bonus and welfare fund	2.0	0.5	1.9	1.7	1.8	0.4	1.5	1.5	1.9	0.3	1.4	1.5
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	—	—	—	—	—	—	0.3	0.3	0.3	0.3	0.3	0.3
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	—	—	—	—	—	—	0.3	0.3	0.3	0.3	0.3	0.3
8. Long-term borrowings and financial leases	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
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)	122.0	123.2	120.0	117.0	114.9	120.1	118.3	116.9	114.7	126.6	123.8	121.4
I. Owner's equity	122.0	123.2	120.0	117.0	114.9	120.1	118.3	116.9	114.7	126.6	123.8	121.4
1. Owner's capital	107.8	107.8	107.8	107.8	107.8	107.8	107.8	107.8	107.8	107.8	107.8	107.8
- Common stock with voting right VND per share	107,778,380,000.00	107,778,380,000.00	107,778,380,000.00	107,778,380,000.00	107,778,380,000.00	107,778,380,000.00	107,778,380,000.00	107,778,380,000.00	107,778,380,000.00	107,778,380,000.00	107,778,380,000.00	107,778,380,000.00
- 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	-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	3.2	2.0	2.0	2.0	2.0	1.0	1.0	1.0	1.0	5.1	5.1	5.1
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	11.0	13.5	10.3	7.3	5.2	11.3	9.5	8.1	5.9	13.8	11.0	8.6
- Accumulated retained earning at the end of the previous period	0.1	10.3	0.0	0.0	0.0	9.5	0.2	0.2	0.2	11.0	0.2	0.2
- Undistributed earnings in this period	10.9	3.2	10.3	7.3	5.2	1.8	9.4	7.9	5.7	2.8	10.8	8.4
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)	303.5	183.8	169.1	204.7	256.8	360.5	195.1	251.3	306.1	372.0	169.3	170.9

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	10.0	4.0	3.4	2.6	4.3	2.2	2.3	2.8	3.8	3.7	3.3	3.5
Depreciation of Fixed Assets and Investment Property	1.2	1.3	2.6	1.4	1.5	1.6	1.6	1.7	1.8	1.5	1.7	1.7
Provision (Increase)/Reversal	-0.2	-0.0	0.4	-0.0	0.0	-0.0	0.1	-0.3	-0.3	-0.0	-0.3	-0.0
FX Gain/Loss from Revaluation of Monetary Items	0.0	-0.0	-0.0	0.0	0.0	-0.0	-0.0	0.0	-0.0	0.0	0.0	0.0
Gain/Loss from Investment Activities	0.0	-0.0	-0.0	-1.2	0.5	-0.1	-0.0	0.1	-0.2	-0.0	-0.0	0.0
Interest Expense	1.4	0.2	0.7	1.1	2.6	1.0	1.0	1.7	2.3	0.9	0.2	0.6
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	12.4	5.4	7.0	3.9	8.9	4.7	5.0	6.0	7.4	6.0	4.9	5.8
Increase/(Decrease) in Receivables	-63.5	-7.7	9.6	-6.2	22.6	-18.3	-6.6	-2.3	13.2	-11.1	6.1	-10.6
Increase/(Decrease) in Inventory	-51.4	2.5	25.0	52.6	79.7	-147.1	60.4	49.7	52.8	-189.9	-4.3	26.3
Increase/(Decrease) in Payables (Excl. Interest and CIT)	81.0	5.2	5.3	-0.2	-2.3	4.9	-1.0	-3.8	-27.9	28.9	-1.0	1.4
Increase/(Decrease) in Prepaid Expenses	-0.5	1.0	-1.0	0.3	0.2	0.1	-0.2	0.3	-0.6	-0.2	0.0	0.0
Changes in Trading Securities	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Interest Paid	-1.4	-0.2	-0.7	-1.1	-2.6	-1.0	-1.0	-1.7	-2.3	-0.9	-0.2	-0.6
Corporate Income Tax Paid	-0.7	-0.8	-1.1	-0.3	0.0	-1.4	-1.0	-0.0	-0.5	-1.1	-1.6	-0.3
Other Operating Receipts	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Other Operating Payments	-0.4	-1.3	0.2	-0.1	-0.1	-1.1	-0.0	-0.4	-0.3	-1.1	-0.1	-0.1
Net Cash Flow from Operating Activities	-24.5	4.3	44.5	49.0	106.4	-159.1	55.6	47.8	41.9	-169.3	3.8	21.9
Payments for Fixed Assets and Other Long-term Assets	-0.2	-0.1	-0.1	-1.0	-0.0	—	-0.0	0.0	-0.7	-0.1	-0.1	-1.1
Proceeds from Disposal of Fixed Assets and Long-term Assets	—	—	0.0	1.1	-0.5	1.0	-0.0	0.0	0.1	0.0	0.0	0.0
Loans and Purchases of Debt Instruments	-8.0	—	—	—	-4.5	—	0.0	0.0	0.0	0.0	0.0	0.0
Receipts from Loan Repayments and Sale of Debt Instruments	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Investments in Other Entities	—	-8.0	—	—	—	—	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	0.0	0.0	0.0	0.1	0.0	0.0	0.0	0.0	0.0	0.0	0.0
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	-0.4	-8.1	-0.1	4.7	-5.0	1.0	-0.0	0.0	-0.6	-0.1	-0.1	-1.1
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	119.6	56.1	46.9	60.4	36.4	260.4	46.3	95.9	73.2	264.9	68.7	65.0
Repayment of Borrowings	-82.6	-48.5	-90.6	-113.8	-135.6	-99.8	-102.8	-149.4	-100.8	-92.7	-70.2	-83.8
Repayment of Finance Leases	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Dividends Paid	-7.0	—	0.0	-0.8	-6.2	—	0.0	0.0	-12.9	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	30.0	7.6	-43.7	-54.2	-105.3	160.6	-56.5	-53.5	-40.5	172.2	-1.5	-18.8
Net Cash Flow During the Period	5.1	3.9	0.7	-0.6	-3.9	2.5	-0.9	-5.6	0.8	2.8	2.1	2.1
Cash and Cash Equivalents at Beginning of Period	5.7	1.8	1.1	1.7	5.6	3.1	6.1	6.1	6.1	6.1	5.0	5.0
FX Difference from Revaluation	-0.0	0.0	0.0	-0.0	0.0	0.0	0.0	-0.0	-0.0	0.0	-0.0	0.0
Cash and Cash Equivalents at End of Period	10.8	5.7	1.8	1.1	1.7	5.6	3.1	4.1	9.7	8.9	6.1	4.0

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?