The financial statements of SDN

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	117.2	124.5	116.4	142.8	130.5
Revenue Deductions	4.9	4.8	5.9	14.1	0.0
Net Revenue	112.3	119.6	110.5	128.8	119.3
Cost of Goods Sold	81.5	84.7	80.0	91.0	0.0
Gross Profit	30.8	34.9	30.5	37.7	34.9
Financial Income	0.0	0.0	10.2	8.6	0.6
Financial Expenses	4.1	4.5	4.8	4.2	-2.8
Interest Expense	1.0	1.1	1.4	0.8	-0.0
Share of Associates and Joint Ventures	—	0.0	0.0	0.0	-0.0
Selling Expenses	6.4	8.5	6.7	11.4	-6.8
General and Administrative Expenses	13.4	14.3	11.9	13.0	-12.5
Operating Profit	6.8	7.7	17.4	17.8	13.3
Other Income	3.1	4.0	4.3	2.5	0.0
Other Expenses	1.0	0.6	0.9	0.4	0.0
Other Profit	2.2	3.4	3.4	2.0	1.9
Profit Before Tax	9.0	11.2	20.7	19.8	15.2
Current Income Tax Expense	2.2	2.3	4.4	4.1	-2.2
Deferred Income Tax Expense	0.1	0.0	-0.1	0.0	0.0
Net Income	6.7	8.8	16.5	15.7	13.0
Non-controlling Interest	—	0.0	0.0	0.0	-0.0
Profit Attributable to Parent	6.7	8.8	16.5	15.7	13.0
Earnings per Share VND per share	1,762.00	2,366.00	4,342.00	8,289.00	7,036.00
Diluted EPS VND per share	1,762.00	2,366.00	4,342.00	10,357.96	8,581.17

Item	2025	2024	2023	2022	2021
A. SHORT-TERM ASSETS (100=110+120+130+140+150)	51.1	53.1	48.2	56.7	62.5
I. Cash and cash equivalents	5.7	4.6	4.2	5.3	13.0
1. Cash	5.7	4.6	4.2	5.3	0.0
2. Cash equivalents	—	0.0	0.0	0.0	0.0
II. Short-term financial investments	—	0.0	0.0	2.5	0.0
1. Available for sale securities	—	0.0	0.0	2.5	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	21.8	27.9	21.7	20.0	27.0
1. Short-term trade accounts receivable	22.3	29.2	23.1	19.9	0.0
2. Short-term prepayments to suppliers	1.3	0.0	0.0	0.2	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	0.5	0.9	0.8	2.0	0.0
7. Provision for short-term doubtful debts (*)	-2.3	-2.3	-2.2	-2.1	0.0
8. Assets awaiting resolution	—	0.0	0.0	0.0	0.0
IV. Inventories	23.3	20.6	21.5	24.8	22.3
1. Inventories	23.3	20.7	21.6	24.9	0.0
2. Provision for decline in value of inventories	-0.1	-0.1	-0.1	-0.1	0.0
V. Other short-term assets	0.3	0.0	0.7	4.2	0.2
1. Short-term prepayments	—	0.0	0.0	0.0	0.0
2. Value added tax to be reclaimed	0.1	0.0	0.7	4.2	0.0
3. Taxes and other receivables from state authorities	0.3	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)	55.1	56.3	57.0	49.1	9.9
I. Long-term receivables	0.9	0.0	0.8	0.8	0.0
1. Long-term trade receivables	—	0.0	0.0	0.0	0.9
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	0.9	0.0	0.8	0.8	0.0
7. Provision for long-term doubtful debts	—	0.0	0.0	0.0	0.0
II. Fixed assets	0.8	1.2	1.5	2.3	3.9
1. Tangible fixed assets	0.8	1.2	1.5	2.3	3.9
- Cost	31.4	31.7	32.4	32.4	0.0
- Accumulated depreciation	-30.6	-30.6	-30.9	-30.0	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	0.0	0.0	0.0
- Cost	—	0.0	0.0	0.0	0.0
- Accumulated depreciation	—	0.0	0.0	0.0	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	—	0.0	0.0	0.0	0.0
1. Long-term production in progress	—	0.0	0.0	0.0	0.0
2. Construction in progress	—	0.0	0.0	0.0	0.0
V. Long-term financial investments	0.7	0.7	0.8	0.8	5.0
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	0.8	0.8	0.8	0.8	0.0
4. Provision for diminution in value of long-term investments	-0.1	-0.1	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	52.7	54.4	53.9	45.2	0.0
1. Long-term prepayments	52.7	54.2	53.7	45.1	0.0
2. Deferred income tax assets	0.1	0.2	0.2	0.1	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	0.1
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)	106.1	109.3	105.2	105.9	72.4
A. LIABILITIES (300=210+330)	39.3	42.4	40.9	49.4	24.0
I. Short -term liabilities	39.1	42.2	40.2	48.7	23.2
1. Short-term trade accounts payable	21.4	17.4	18.8	20.1	13.0
2. Short-term advances from customers	0.5	0.2	0.1	0.2	0.0
3. Taxes and other payables to state authorities	0.1	0.8	0.6	0.6	0.0
4. Payable to employees	2.8	2.9	2.3	3.1	0.0
5. Short-term acrrued expenses	0.7	3.4	0.5	1.9	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	0.0	0.0	0.0	0.0	0.0
10. Short-term borrowings and financial leases	10.4	13.5	12.0	17.9	0.0
11. Provision for short-term liabilities	—	0.0	0.0	0.0	0.0
12.. Bonus and welfare fund	3.2	4.0	5.7	4.9	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	0.2	0.2	0.7	0.7	0.7
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	0.2	0.2	0.7	0.7	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)	66.8	66.9	64.3	56.4	48.4
I. Owner's equity	66.8	66.9	64.3	56.4	0.0
1. Owner's capital	30.4	30.4	30.4	15.2	48.4
- Common stock with voting right VND per share	30,364,360,000.00	30,364,360,000.00	30,364,360,000.00	15,182,180,000.00	15,182,180,000.00
- 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	22.9	21.3	6.6	19.3	0.0
9. Fund to support corporate restructuring	—	0.0	0.0	0.0	0.0
10. Other funds from owner's equity	1.5	1.5	1.5	1.5	0.0
11. Undistributed earnings after tax	12.0	13.8	25.8	20.4	14.8
- Accumulated retained earning at the end of the previous period	8.3	8.8	15.1	10.2	6.3
- Undistributed earnings in this period	3.7	5.0	10.7	10.2	8.5
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)	106.1	109.3	105.2	105.9	72.4

Item	2025	2024	2023	2022	2021
Profit Before Tax	9.0	11.2	20.7	19.8	0.0
Depreciation of Fixed Assets and Investment Property	0.5	0.7	1.0	1.6	0.0
Provision (Increase)/Reversal	0.0	0.2	-0.0	-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	-0.0	-0.0	-0.0	-8.6	0.0
Interest Expense	1.0	1.1	1.4	0.8	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	10.5	13.1	23.1	13.4	0.0
Increase/(Decrease) in Receivables	5.2	-4.8	1.7	2.9	0.0
Increase/(Decrease) in Inventory	-2.7	1.0	3.3	-2.3	0.0
Increase/(Decrease) in Payables (Excl. Interest and CIT)	1.0	2.1	-3.5	6.3	0.0
Increase/(Decrease) in Prepaid Expenses	1.5	-0.5	-8.5	-45.1	0.0
Changes in Trading Securities	—	0.0	2.5	0.0	0.0
Interest Paid	-1.0	-1.1	-1.4	-0.8	0.0
Corporate Income Tax Paid	-2.6	-2.6	-4.4	-3.5	0.0
Other Operating Receipts	0.0	0.0	0.0	0.0	0.0
Other Operating Payments	-2.2	-3.3	-2.6	-2.2	0.0
Net Cash Flow from Operating Activities	9.8	3.9	10.2	-31.3	7.3
Payments for Fixed Assets and Other Long-term Assets	-0.1	-0.4	-0.1	-0.1	-1.4
Proceeds from Disposal of Fixed Assets and Long-term Assets	—	0.0	0.0	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	9.8	0.0
Dividends and Interest Income Received	0.0	0.0	0.0	0.5	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	-0.1	-0.4	-0.1	10.3	-0.8
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	31.1	37.0	36.2	33.8	0.0
Repayment of Borrowings	-34.3	-35.6	-42.1	-15.9	0.0
Repayment of Finance Leases	—	0.0	0.0	0.0	0.0
Dividends Paid	-5.5	-4.6	-5.3	-4.6	-4.6
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	-8.6	-3.1	-11.2	13.4	-4.6
Net Cash Flow During the Period	1.1	0.4	-1.0	-7.7	2.8
Cash and Cash Equivalents at Beginning of Period	4.6	4.2	5.3	13.0	11.1
FX Difference from Revaluation	—	0.0	0.0	0.0	0.0
Cash and Cash Equivalents at End of Period	5.7	4.6	4.2	5.3	13.0

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	29.3	28.2	32.9	28.4	29.0	26.8	37.2	28.9	31.0	27.3	29.8	29.6
Revenue Deductions	0.8	1.1	1.2	1.2	1.3	1.2	1.0	1.1	1.4	1.2	1.4	1.3
Net Revenue	28.5	27.1	31.8	27.2	27.8	25.6	36.2	27.7	29.6	26.1	28.3	28.3
Cost of Goods Sold	21.7	20.4	24.8	19.5	19.4	17.7	25.1	19.8	21.1	18.8	20.7	21.4
Gross Profit	6.8	6.6	7.0	7.7	8.3	7.9	11.2	8.0	8.5	7.3	7.6	6.9
Financial Income	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-0.1	0.1	0.0	10.2	0.0
Financial Expenses	0.8	0.7	1.4	1.1	0.9	0.8	1.8	0.9	1.0	0.8	1.4	1.1
Interest Expense	0.3	0.2	0.2	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.3
Share of Associates and Joint Ventures	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Selling Expenses	2.1	1.4	1.9	1.4	1.6	1.5	3.5	2.0	1.7	1.2	2.4	0.9
General and Administrative Expenses	3.3	3.2	3.5	3.2	3.2	3.5	2.9	3.4	4.1	3.9	3.0	3.1
Operating Profit	0.6	1.4	0.1	2.0	2.6	2.1	3.0	1.6	1.8	1.4	11.0	1.9
Other Income	0.3	4.4	0.6	0.6	1.1	0.9	1.1	1.0	1.2	0.8	1.4	0.8
Other Expenses	0.2	—	0.4	0.3	0.3	—	0.3	0.0	0.3	0.0	-0.8	0.2
Other Profit	0.1	4.4	0.2	0.3	0.8	0.9	0.8	1.0	0.8	0.8	2.3	0.6
Profit Before Tax	0.7	5.8	0.3	2.3	3.5	2.9	3.8	2.5	2.6	2.2	13.2	2.4
Current Income Tax Expense	0.1	1.2	0.5	0.5	0.5	0.6	0.9	0.5	0.5	0.4	2.9	0.5
Deferred Income Tax Expense	0.1	—	-0.1	—	0.2	—	-0.1	0.0	0.1	0.0	-0.2	0.0
Net Income	0.4	4.6	-0.1	1.7	2.7	2.3	3.0	2.0	2.1	1.7	10.5	1.9
Non-controlling Interest	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Profit Attributable to Parent	0.4	4.6	-0.1	1.7	2.7	2.3	3.0	2.0	2.1	1.7	10.5	1.9
Earnings per Share VND per share	120.00	1,251.00	-35.81	571.93	733.00	633.00	820.00	545.00	555.00	470.00	2,841.00	524.00
Diluted EPS VND per share	146.61	1,525.78	-35.81	571.93	893.85	772.29	999.92	664.88	676.85	572.93	3,465.18	638.72

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)	59.8	54.7	51.1	55.6	56.2	53.5	53.1	54.1	53.7	51.8	48.2	58.7
I. Cash and cash equivalents	2.6	3.5	5.7	2.9	3.5	3.9	4.6	5.2	4.9	2.9	4.2	4.2
1. Cash	2.6	3.5	5.7	2.9	3.5	3.9	4.6	5.2	4.9	2.9	4.2	4.2
2. Cash equivalents	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
II. Short-term financial investments	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	2.5
1. Available for sale securities	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	2.5
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	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
III. Short-term receivables	28.0	25.2	21.8	28.1	29.7	25.3	27.9	25.6	27.9	26.1	21.7	28.8
1. Short-term trade accounts receivable	28.0	25.3	22.3	29.0	31.5	27.2	29.2	26.9	28.6	27.5	23.1	29.2
2. Short-term prepayments to suppliers	0.8	0.6	1.3	1.1	0.2	0.1	0.0	0.0	0.7	0.1	0.0	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	1.5	1.5	0.5	0.2	0.2	0.2	0.9	0.8	0.7	0.8	0.8	1.6
7. Provision for short-term doubtful debts (*)	-2.3	-2.3	-2.3	-2.3	-2.3	-2.3	-2.3	-2.2	-2.2	-2.2	-2.2	-2.1
8. Assets awaiting resolution	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
IV. Inventories	29.1	26.1	23.3	24.7	23.1	24.3	20.6	23.3	20.9	22.8	21.5	23.0
1. Inventories	29.1	26.2	23.3	24.7	23.1	24.4	20.7	23.4	21.0	22.9	21.6	23.1
2. Provision for decline in value of inventories	-0.1	-0.1	-0.1	-0.1	-0.1	-0.1	-0.1	-0.1	-0.1	-0.1	-0.1	-0.1
V. Other short-term assets	0.2	0.0	0.3	—	—	—	0.0	0.0	0.0	0.0	0.7	0.2
1. Short-term prepayments	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
2. Value added tax to be reclaimed	—	0.0	0.1	—	—	—	0.0	0.0	0.0	0.0	0.7	0.2
3. Taxes and other receivables from state authorities	0.2	—	0.3	—	—	—	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)	58.6	58.7	55.1	55.0	55.1	55.9	56.3	53.0	53.2	55.5	57.0	48.3
I. Long-term receivables	1.0	0.9	0.9	0.4	—	—	0.0	0.0	0.0	0.8	0.8	0.8
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	1.0	0.9	0.9	0.4	—	—	0.0	0.0	0.0	0.8	0.8	0.8
7. Provision for long-term doubtful debts	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
II. Fixed assets	1.1	0.8	0.8	0.9	1.0	1.1	1.2	1.3	1.1	1.2	1.5	1.6
1. Tangible fixed assets	1.1	0.8	0.8	0.9	1.0	1.1	1.2	1.3	1.1	1.2	1.5	1.6
- Cost	21.9	21.6	—	—	—	—	31.7	32.0	32.4	32.4	32.4	32.2
- Accumulated depreciation	-20.9	-20.9	—	—	—	—	-30.6	-30.7	-31.3	-31.1	-30.9	-30.6
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	—	—	—	—	—	—	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
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	0.0	0.0	0.0	0.0	0.0
1. Long-term production in progress	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
2. Construction in progress	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
V. Long-term financial investments	0.7	0.7	0.7	0.7	0.7	0.7	0.7	0.7	0.7	0.8	0.8	0.8
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	0.8	0.8	0.8	0.8	0.8	0.8	0.8	0.8	0.8	0.8	0.8	0.8
4. Provision for diminution in value of long-term investments	-0.1	-0.1	-0.1	-0.1	-0.1	-0.1	-0.1	-0.1	-0.1	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	55.9	56.4	52.7	53.0	53.4	54.0	54.4	51.0	51.4	52.7	53.9	45.1
1. Long-term prepayments	55.9	56.3	52.7	53.0	53.4	53.8	54.2	50.8	51.2	52.5	53.7	45.1
2. Deferred income tax assets	—	0.1	0.1	—	—	0.2	0.2	0.1	0.1	0.2	0.2	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)	118.4	113.5	106.1	110.6	111.4	109.3	109.3	107.1	106.9	107.3	105.2	107.0
A. LIABILITIES (300=210+330)	46.5	42.0	39.3	42.3	40.9	41.6	42.4	41.5	40.3	42.8	40.9	49.9
I. Short -term liabilities	46.3	41.8	39.1	42.1	40.7	41.3	42.2	41.3	40.1	42.1	40.2	49.2
1. Short-term trade accounts payable	25.5	21.8	21.4	16.7	15.1	19.3	17.4	16.8	15.2	18.7	18.8	20.6
2. Short-term advances from customers	0.0	0.0	0.5	0.0	0.1	0.0	0.2	0.0	0.0	0.0	0.1	0.0
3. Taxes and other payables to state authorities	0.4	1.0	0.1	0.6	1.1	0.9	0.8	0.8	1.1	0.8	0.6	0.3
4. Payable to employees	2.0	2.0	2.8	3.0	2.5	2.0	2.9	2.8	3.1	1.9	2.3	3.2
5. Short-term acrrued expenses	2.7	1.5	0.7	5.0	3.5	2.1	3.4	5.2	3.7	1.7	0.5	5.7
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	0.0	0.4	0.0	0.0	—	—	0.0	0.0	0.0	0.0	0.0	0.0
10. Short-term borrowings and financial leases	13.5	12.7	10.4	14.5	15.7	14.0	13.5	13.1	13.1	14.9	12.0	16.7
11. Provision for short-term liabilities	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
12.. Bonus and welfare fund	2.2	2.3	3.2	2.2	2.6	2.9	4.0	2.5	3.8	4.1	5.7	2.7
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	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.7	0.7	0.7
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	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.7	0.7	0.7
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)	71.9	71.5	66.8	68.3	70.5	67.8	66.9	65.6	66.6	64.5	64.3	57.1
I. Owner's equity	71.9	71.5	66.8	68.3	70.5	67.8	66.9	65.6	66.6	64.5	64.3	57.1
1. Owner's capital	30.4	30.4	30.4	30.4	30.4	30.4	30.4	30.4	30.4	30.4	30.4	30.4
- Common stock with voting right VND per share	30,364,360,000.00	30,364,360,000.00	30,364,360,000.00	30,364,360,000.00	30,364,360,000.00	30,364,360,000.00	30,364,360,000.00	30,364,360,000.00	30,364,360,000.00	30,364,360,000.00	30,364,360,000.00	30,364,360,000.00
- 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	23.6	22.9	22.9	21.3	21.3	21.3	21.3	19.1	19.1	6.6	6.6	4.1
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	1.5	1.5	1.5	1.5	1.5	1.5	1.5	1.5	1.5	1.5	1.5	1.5
11. Undistributed earnings after tax	16.4	16.6	12.0	15.1	17.3	14.6	13.8	14.6	15.6	26.1	25.8	21.1
- Accumulated retained earning at the end of the previous period	11.3	12.0	8.3	8.3	12.3	12.3	8.8	8.8	11.8	24.3	15.1	15.1
- Undistributed earnings in this period	5.1	4.6	3.7	6.8	5.1	2.3	5.0	5.8	3.8	1.7	10.7	5.9
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)	118.4	113.5	106.1	110.6	111.4	109.3	109.3	107.1	106.9	107.3	105.2	107.0

Item	Q2'26	Q1'26	Q4'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23
Profit Before Tax	—	—	2.6	6.4	—	0.0	-4.8	4.8	0.0	20.7	-5.1	5.1
Depreciation of Fixed Assets and Investment Property	—	—	0.2	0.3	—	0.0	-0.4	0.4	0.0	1.0	-0.5	0.5
Provision (Increase)/Reversal	—	—	0.0	—	—	0.0	-0.1	0.1	0.0	-0.0	0.0	-0.0
FX Gain/Loss from Revaluation of Monetary Items	—	—	—	—	—	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	0.0	-0.0	0.0	-0.0	0.0	-0.0
Interest Expense	—	—	0.5	0.5	—	0.0	-0.5	0.5	0.0	1.4	-0.8	0.8
Gain/Loss on Disposal of Fixed Assets	—	—	—	—	—	0.0	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	0.0
Amortization of Goodwill	—	—	—	—	—	0.0	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	0.0
Operating Profit Before Changes in Working Capital	—	—	3.3	7.2	—	0.0	-5.8	5.8	0.0	23.1	-6.4	6.4
Increase/(Decrease) in Receivables	—	—	7.0	-1.8	—	0.0	4.7	-4.7	0.0	1.7	4.9	-4.9
Increase/(Decrease) in Inventory	—	—	-0.2	-2.5	—	0.0	-0.6	0.6	0.0	3.3	-0.6	0.6
Increase/(Decrease) in Payables (Excl. Interest and CIT)	—	—	3.5	-2.5	—	0.0	-0.8	0.8	0.0	-3.5	-3.3	3.3
Increase/(Decrease) in Prepaid Expenses	—	—	0.8	0.8	—	0.0	-2.5	2.5	0.0	-8.5	0.0	0.0
Changes in Trading Securities	—	—	—	—	—	0.0	0.0	0.0	0.0	2.5	0.0	0.0
Interest Paid	—	—	-0.5	-0.5	—	0.0	0.5	-0.5	0.0	-1.4	0.8	-0.8
Corporate Income Tax Paid	-1.2	-0.0	-1.6	-0.6	-0.4	-1.0	-0.5	-0.4	-0.7	-2.7	-0.5	-0.5
Other Operating Receipts	0.5	2.4	—	—	—	1.5	13.3	-4.6	4.6	-11.3	11.4	-4.1
Other Operating Payments	-6.1	-7.4	-0.8	6.9	-8.3	-7.6	-23.6	7.2	-9.1	18.1	-18.9	5.9
Net Cash Flow from Operating Activities	-1.4	-8.9	11.5	-2.1	0.4	-1.0	3.5	4.0	-2.6	4.7	4.0	3.9
Payments for Fixed Assets and Other Long-term Assets	-0.1	-0.1	0.0	0.0	-0.1	0.0	-0.2	-0.2	0.0	-0.1	0.0	-0.1
Proceeds from Disposal of Fixed Assets and Long-term Assets	0.0	4.3	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Loans and Purchases of Debt Instruments	—	—	—	—	—	0.0	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	0.0
Investments in Other Entities	—	—	—	—	—	0.0	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	0.0
Dividends and Interest Income Received	0.0	0.0	0.0	0.0	0.0	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	0.0
Acquisition of Non-controlling Interests	—	—	—	—	—	0.0	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	0.0
Other Investing Payments	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Net Cash Flow from Investing Activities	-0.1	4.3	0.0	0.0	-0.1	0.0	-0.2	-0.2	0.0	-0.1	0.0	-0.1
Proceeds from Equity Issuance and Capital Contributions VND per share	—	—	—	—	—	0.00	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	0.00
Proceeds from Borrowings	6.8	8.4	13.6	8.6	8.9	10.2	10.3	8.2	8.3	10.3	7.7	9.0
Repayment of Borrowings	-6.1	-6.1	-19.0	-6.9	-8.4	-9.8	-10.4	-10.0	-5.4	-14.9	-7.2	-11.3
Repayment of Finance Leases	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Dividends Paid	—	—	-3.9	0.0	-1.5	0.0	-3.0	0.0	-1.5	0.0	-4.1	0.0
Other Financing Receipts	—	—	—	—	—	0.0	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	0.0
Net Cash Flow from Financing Activities	0.7	2.4	-9.3	1.7	-1.0	0.4	-3.0	-1.8	1.4	-4.6	-3.5	-2.3
Net Cash Flow During the Period	-0.8	-2.3	2.2	-0.4	-0.7	-0.6	0.3	2.0	-1.3	-0.0	0.5	1.5
Cash and Cash Equivalents at Beginning of Period	3.5	5.7	4.6	3.9	4.6	4.2	4.2	4.2	4.2	5.3	5.3	5.3
FX Difference from Revaluation	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Cash and Cash Equivalents at End of Period	2.6	3.5	5.7	3.5	3.9	4.6	5.2	4.9	2.9	4.2	4.2	3.8

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