2S Metal PCL Income Statement

Financials in millions THB. Fiscal year is January - December.

Millions THB. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	7,542	7,447	6,775	6,709	6,521
Revenue Growth (YoY)	1.27%	9.91%	0.99%	2.89%	16.38%
Cost of Revenue	7,024	7,128	6,352	6,601	5,372
Gross Profit	518.27	319.16	423.68	107.58	1,149
Selling, General & Admin	412.11	343.06	274.16	254.78	235.32
Operating Expenses	412.11	343.06	274.16	254.78	235.32
Operating Income	106.16	-23.9	149.52	-147.2	913.79
Interest Expense	-1.82	-0.76	-0.26	-0.58	-1.72
Interest & Investment Income	3.27	4.52	3.62	2.03	1.8
Currency Exchange Gain (Loss)	12.57	5.93	-12.1	-20.23	-21.7
Other Non Operating Income (Expenses)	54.63	44.25	41.12	43.26	32.53
EBT Excluding Unusual Items	174.8	30.04	181.9	-122.71	924.7
Impairment of Goodwill	-	-	-15.09	-	-
Gain (Loss) on Sale of Assets	0.87	-0.28	-0.72	-0.99	-0.02
Pretax Income	175.68	29.77	166.09	-123.7	924.69
Income Tax Expense	31.32	6.55	6.28	-0.63	186.64
Earnings From Continuing Operations	144.35	23.22	159.81	-123.07	738.05
Minority Interest in Earnings	0.18	0.36	0.27	0.89	-0.54
Net Income	144.53	23.58	160.08	-122.18	737.52
Net Income to Common	144.53	23.58	160.08	-122.18	737.52
Net Income Growth	513.00%	-85.27%	-	-	79.81%
Shares Outstanding (Basic)	550	550	550	550	550
Shares Outstanding (Diluted)	550	550	550	550	550
EPS (Basic)	0.26	0.04	0.29	-0.22	1.34
EPS (Diluted)	0.26	0.04	0.29	-0.22	1.34
EPS Growth	513.00%	-85.27%	-	-	79.81%
Free Cash Flow	72.21	0.35	60.63	228.99	540.23
Free Cash Flow Per Share	0.13	0.00	0.11	0.42	0.98
Dividend Per Share	0.200	0.110	0.220	0.200	0.427
Dividend Growth	81.82%	-50.00%	10.00%	-53.19%	108.85%
Gross Margin	6.87%	4.29%	6.25%	1.60%	17.62%
Operating Margin	1.41%	-0.32%	2.21%	-2.19%	14.01%
Profit Margin	1.92%	0.32%	2.36%	-1.82%	11.31%
Free Cash Flow Margin	0.96%	0.01%	0.90%	3.41%	8.29%
EBITDA	166.39	32.86	202.12	-99.4	960.03
EBITDA Margin	2.21%	0.44%	2.98%	-1.48%	14.72%
D&A For EBITDA	60.23	56.77	52.59	47.8	46.24
EBIT	106.16	-23.9	149.52	-147.2	913.79
EBIT Margin	1.41%	-0.32%	2.21%	-2.19%	14.01%
Effective Tax Rate	17.83%	22.00%	3.78%	-	20.18%
Revenue as Reported	7,542	7,447	6,775	6,709	6,521

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.