Seafresh Industry 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
Operating Revenue	7,910	7,409	6,505	6,950	6,786
Other Revenue	40.18	14.76	19.17	17.77	8.45
Revenue	7,950	7,424	6,524	6,967	6,794
Revenue Growth (YoY)	7.09%	13.79%	-6.36%	2.55%	15.72%
Cost of Revenue	6,913	6,429	5,663	5,958	5,847
Gross Profit	1,038	995.18	861.69	1,009	946.9
Selling, General & Admin	726.39	737.28	665.27	771.43	651.02
Other Operating Expenses	-	-1.09	-0.82	-1.35	-1.17
Operating Expenses	726.39	736.19	664.45	770.08	649.85
Operating Income	311.14	259	197.24	239.04	297.05
Interest Expense	-136.11	-128.7	-121.51	-69.05	-69.84
Interest & Investment Income	-	0.21	0.14	0.04	0.06
Currency Exchange Gain (Loss)	-14.94	-55.63	68.68	74.91	100.25
Other Non Operating Income (Expenses)	-3.85	-0.03	-39.64	30.62	27.09
EBT Excluding Unusual Items	156.25	74.84	104.91	275.55	354.61
Gain (Loss) on Sale of Assets	-	-	0.84	12.47	6.14
Pretax Income	156.25	74.84	105.75	288.02	360.75
Income Tax Expense	71.32	135.55	21.51	79.28	25.82
Earnings From Continuing Operations	84.93	-60.7	84.24	208.74	334.93
Minority Interest in Earnings	-56.14	-20.82	-9.02	-36.31	-66.35
Net Income	28.79	-81.53	75.22	172.42	268.58
Net Income to Common	28.79	-81.53	75.22	172.42	268.58
Net Income Growth	-	-	-56.38%	-35.80%	-
Shares Outstanding (Basic)	927	927	927	927	751
Shares Outstanding (Diluted)	927	927	927	927	751
Shares Change (YoY)	-	-	-	23.52%	61.92%
EPS (Basic)	0.03	-0.09	0.08	0.19	0.36
EPS (Diluted)	0.03	-0.09	0.08	0.19	0.36
EPS Growth	-	-	-56.38%	-48.03%	-
Free Cash Flow	105.56	62.08	290.92	-41.38	51.17
Free Cash Flow Per Share	0.11	0.07	0.31	-0.04	0.07
Gross Margin	13.05%	13.41%	13.21%	14.48%	13.94%
Operating Margin	3.91%	3.49%	3.02%	3.43%	4.37%
Profit Margin	0.36%	-1.10%	1.15%	2.48%	3.95%
Free Cash Flow Margin	1.33%	0.84%	4.46%	-0.59%	0.75%
EBITDA	463.03	379.32	320.87	366.03	436.08
EBITDA Margin	5.82%	5.11%	4.92%	5.25%	6.42%
D&A For EBITDA	151.88	120.32	123.63	126.99	139.03
EBIT	311.14	259	197.24	239.04	297.05
EBIT Margin	3.91%	3.49%	3.02%	3.43%	4.37%
Effective Tax Rate	45.65%	181.11%	20.34%	27.53%	7.16%
Revenue as Reported	7,950	7,425	6,595	7,094	6,937

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