Charan Insurance PCL Income Statement

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

Millions THB. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Premiums & Annuity Revenue	364.11	265.45	259.92	421.56	139	275.3
Total Interest & Dividend Income	21.15	21.13	18.79	19.44	19.19	17.52
Gain (Loss) on Sale of Investments	8.56	8.56	1.83	0.38	-16.94	-19.41
Other Revenue	36.22	36.01	32.51	40.05	22.3	19.15
Total Revenue	430.03	331.15	313.05	481.43	163.55	292.57
Revenue Growth (YoY)	29.86%	5.78%	-34.98%	194.36%	-44.10%	-14.87%
Policy Benefits	127.96	113.82	123.66	141.77	39.61	107.68
Policy Acquisition & Underwriting Costs	234.85	178.82	114.35	207.4	120.6	81.48
Selling, General & Administrative	45.19	45.19	41.78	42.49	38.28	38.01
Other Operating Expenses	15.01	3.63	3.45	4.06	2.82	1.83
Total Operating Expenses	423.13	341.46	282.9	395.72	201.3	231.06
Operating Income	6.91	-10.31	30.15	85.72	-37.75	61.51
Other Non Operating Income (Expenses)	-0.6	-0.6	0.62	-0.6	0.47	-1.63
Pretax Income	6.31	-10.91	30.77	85.12	-37.28	59.88
Income Tax Expense	4.02	-3.77	3.41	15.32	-8.96	8.66
Net Income	2.28	-7.14	27.37	69.8	-28.31	51.22
Net Income to Common	2.28	-7.14	27.37	69.8	-28.31	51.22
Net Income Growth	-74.60%	-	-60.79%	-	-	-
Shares Outstanding (Basic)	13	12	12	12	12	12
Shares Outstanding (Diluted)	13	12	12	12	12	12
EPS (Basic)	0.18	-0.59	2.28	5.82	-2.36	4.27
EPS (Diluted)	0.18	-0.59	2.28	5.82	-2.36	4.27
EPS Growth	-77.10%	-	-60.79%	-	-	-
Free Cash Flow	-3.02	62.56	32.02	-74.28	104.46	-15.61
Free Cash Flow Per Share	-0.24	5.21	2.67	-6.19	8.71	-1.30
Dividend Per Share	-	-	1.250	2.000	-	2.600
Dividend Growth	-	-	-37.50%	-	-	420.00%
Operating Margin	1.61%	-3.11%	9.63%	17.80%	-23.08%	21.02%
Profit Margin	0.53%	-2.15%	8.74%	14.50%	-17.31%	17.51%
Free Cash Flow Margin	-0.70%	18.89%	10.23%	-15.43%	63.87%	-5.33%
EBITDA	7.32	-10.02	30.39	85.99	-37.37	62.1
EBITDA Margin	1.70%	-3.03%	9.71%	17.86%	-22.85%	21.23%
D&A For EBITDA	0.41	0.29	0.24	0.27	0.37	0.59
EBIT	6.91	-10.31	30.15	85.72	-37.75	61.51
EBIT Margin	1.61%	-3.11%	9.63%	17.80%	-23.08%	21.02%
Effective Tax Rate	63.80%	-	11.07%	18.00%	-	14.46%
Revenue as Reported	322.59	322.59	311.22	481.06	180.49	311.97

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