General Engineering 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	2,132	3,715	4,106	2,771	1,662
Other Revenue	19.09	33.04	30.18	30.31	12.95
Revenue	2,151	3,748	4,136	2,801	1,675
Revenue Growth (YoY)	-42.62%	-9.39%	47.67%	67.24%	3.82%
Cost of Revenue	2,006	3,322	3,726	2,549	1,604
Gross Profit	144.69	425.66	410.43	251.61	71.4
Selling, General & Admin	496.94	592.74	324.24	235.92	199.39
Other Operating Expenses	-11.54	-5.37	165.57	-	-
Operating Expenses	515.03	671.47	556.12	235.92	199.39
Operating Income	-370.34	-245.81	-145.69	15.69	-127.99
Interest Expense	-206.43	-224.41	-185.3	-75.15	-65.95
Interest & Investment Income	0.52	1.35	1.27	6.84	2.58
Earnings From Equity Investments	8.3	3.83	-62.22	-55.59	20.94
Other Non Operating Income (Expenses)	8.06	12.69	2.74	7.16	-
EBT Excluding Unusual Items	-559.89	-452.35	-389.2	-101.05	-170.43
Gain (Loss) on Sale of Investments	-	-22.02	4.98	-34.84	66.53
Gain (Loss) on Sale of Assets	1.57	8.82	-	4.21	0.64
Pretax Income	-552.66	-465.55	-384.22	-131.68	-103.26
Income Tax Expense	16.96	18.94	29.11	19.04	3.44
Earnings From Continuing Operations	-569.63	-484.49	-413.33	-150.73	-106.71
Minority Interest in Earnings	102.39	10.26	-46.35	9.93	13.27
Net Income	-467.24	-474.23	-459.68	-140.8	-93.44
Net Income to Common	-467.24	-474.23	-459.68	-140.8	-93.44
Shares Outstanding (Basic)	8,612	8,612	7,987	6,320	5,398
Shares Outstanding (Diluted)	8,612	8,612	7,987	6,320	5,398
Shares Change (YoY)	-	7.82%	26.38%	17.08%	-
EPS (Basic)	-0.05	-0.06	-0.06	-0.02	-0.02
EPS (Diluted)	-0.05	-0.06	-0.06	-0.02	-0.02
Free Cash Flow	346.02	205.99	379.85	-445.97	-225.73
Free Cash Flow Per Share	0.04	0.02	0.05	-0.07	-0.04
Gross Margin	6.73%	11.36%	9.92%	8.98%	4.26%
Operating Margin	-17.22%	-6.56%	-3.52%	0.56%	-7.64%
Profit Margin	-21.73%	-12.65%	-11.11%	-5.03%	-5.58%
Free Cash Flow Margin	16.09%	5.50%	9.18%	-15.92%	-13.48%
EBITDA	3.78	80.54	81.35	172.39	1.49
EBITDA Margin	0.18%	2.15%	1.97%	6.15%	0.09%
D&A For EBITDA	374.11	326.35	227.04	156.7	129.48
EBIT	-370.34	-245.81	-145.69	15.69	-127.99
EBIT Margin	-17.22%	-6.56%	-3.52%	0.56%	-7.64%
Revenue as Reported	2,178	3,776	4,141	2,826	1,739

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