Asian Insulators PCL (BKK:AI)

Asian Insulators PCL Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Revenue	8,292	8,155	9,147	8,748	8,716	7,250
Revenue	8,292	8,155	9,147	8,748	8,716	7,250
Revenue Growth (YoY)	-11.80%	-10.85%	4.56%	0.37%	20.22%	9.05%
Cost of Revenue	8,033	7,879	8,414	8,398	8,412	6,392
Gross Profit	259.14	275.6	733.6	350.11	303.45	858.25
Selling, General & Admin	202.83	202.83	205.53	201.59	195.34	200.99
Other Operating Expenses	-6.5	-6.5	-6.91	-7.46	-10.07	-16.32
Operating Expenses	196.33	196.33	198.62	194.13	162.63	204.86
Operating Income	62.8	79.26	534.98	155.98	140.82	653.39
Interest Expense	-0.19	-0.19	-0.48	-1.38	-0.3	-0.2
Interest & Investment Income	1.62	1.62	2.13	0.97	0.39	0.47
Currency Exchange Gain (Loss)	0.22	0.22	0.74	0.72	1.62	0.85
EBT Excluding Unusual Items	64.46	80.92	537.37	156.29	142.53	654.52
Gain (Loss) on Sale of Investments	8.49	8.49	6.81	3.14	1.13	0.9
Gain (Loss) on Sale of Assets	-	-	0.1	1.84	0.07	-7.69
Asset Writedown	-	-	-	-	11.4	-
Pretax Income	72.95	89.41	544.28	161.27	155.13	647.73
Income Tax Expense	3.86	15.09	58.41	24.74	37	41.73
Earnings From Continuing Operations	69.09	74.32	485.87	136.53	118.12	606
Minority Interest in Earnings	-26.25	-9.12	-100.68	-17	9.22	-161.94
Net Income	42.85	65.21	385.19	119.53	127.34	444.06
Net Income to Common	42.85	65.21	385.19	119.53	127.34	444.06
Net Income Growth	-89.10%	-83.07%	222.25%	-6.13%	-71.32%	-40.75%
Shares Outstanding (Basic)	700	700	700	700	700	700
Shares Outstanding (Diluted)	700	700	700	700	700	700
EPS (Basic)	0.06	0.09	0.55	0.17	0.18	0.63
EPS (Diluted)	0.06	0.09	0.55	0.17	0.18	0.63
EPS Growth	-89.10%	-83.07%	222.25%	-6.13%	-71.32%	-40.75%
Free Cash Flow	-	251.18	468.27	-160.62	259.88	762.4
Free Cash Flow Per Share	-	0.36	0.67	-0.23	0.37	1.09
Dividend Per Share	-	-	0.340	0.200	0.450	0.700
Dividend Growth	-	-	70.00%	-55.56%	-35.71%	16.67%
Gross Margin	3.13%	3.38%	8.02%	4.00%	3.48%	11.84%
Operating Margin	0.76%	0.97%	5.85%	1.78%	1.62%	9.01%
Profit Margin	0.52%	0.80%	4.21%	1.37%	1.46%	6.13%
Free Cash Flow Margin	-	3.08%	5.12%	-1.84%	2.98%	10.52%
EBITDA	221.38	238.1	700.91	325.24	315.72	844.43
EBITDA Margin	2.67%	2.92%	7.66%	3.72%	3.62%	11.65%
D&A For EBITDA	158.58	158.83	165.93	169.26	174.9	191.03
EBIT	62.8	79.26	534.98	155.98	140.82	653.39
EBIT Margin	0.76%	0.97%	5.85%	1.78%	1.62%	9.01%
Effective Tax Rate	5.29%	16.88%	10.73%	15.34%	23.85%	6.44%
Revenue as Reported	8,155	8,155	9,147	8,748	8,716	7,250

Source: S&P Global Market Intelligence. Standard template. Financial Sources.