Global Power Synergy 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	84,858	90,452	90,636	123,083	74,137
Other Revenue	427.37	610.68	768.48	1,096	3,641
Revenue	85,286	91,062	91,404	124,179	77,777
Revenue Growth (YoY)	-6.34%	-0.37%	-26.39%	59.66%	10.19%
Selling, General & Admin	2,691	2,571	3,054	2,310	2,963
Other Operating Expenses	73,155	79,307	80,654	120,324	63,736
Total Operating Expenses	75,846	81,877	83,707	122,634	66,699
Operating Income	9,440	9,185	7,697	1,545	11,079
Interest Expense	-4,133	-4,934	-4,580	-3,333	-3,206
Interest Income	1,202	1,291	837.3	473	255.6
Net Interest Expense	-2,931	-3,643	-3,743	-2,860	-2,950
Income (Loss) on Equity Investments	1,389	292.73	1,049	1,539	1,536
Currency Exchange Gain (Loss)	-760.88	-2,497	-427.3	-46.76	-54.95
Other Non-Operating Income (Expenses)	-281.7	1,288	-134.16	-860.17	-692.11
EBT Excluding Unusual Items	6,856	4,625	4,441	-682.84	8,917
Gain (Loss) on Sale of Investments	783.36	-	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	1,178	115.1
Insurance Settlements	-	446	852	586	-
Legal Settlements	222	-	-	-	-
Pretax Income	7,861	5,071	5,293	1,081	9,032
Income Tax Expense	602.86	300.39	522.98	-376.18	1,192
Earnings From Continuing Ops.	7,258	4,770	4,770	1,457	7,840
Minority Interest in Earnings	-859.18	-708.08	-1,076	-565.91	-521.77
Net Income	6,399	4,062	3,694	891.45	7,319
Net Income to Common	6,399	4,062	3,694	891.45	7,319
Net Income Growth	57.52%	9.97%	314.40%	-87.82%	-2.53%
Shares Outstanding (Basic)	2,819	2,819	2,819	2,819	2,819
Shares Outstanding (Diluted)	2,819	2,819	2,819	2,819	2,819
EPS (Basic)	2.27	1.44	1.31	0.32	2.60
EPS (Diluted)	2.27	1.44	1.31	0.32	2.60
EPS Growth	57.52%	9.97%	314.40%	-87.82%	-2.53%
Free Cash Flow	18,833	19,445	16,520	-1,810	11,804
Free Cash Flow Per Share	6.68	6.90	5.86	-0.64	4.19
Dividend Per Share	1.450	0.900	0.740	0.500	1.500
Dividend Growth	61.11%	21.62%	48.00%	-66.67%	-
Profit Margin	7.50%	4.46%	4.04%	0.72%	9.41%
Free Cash Flow Margin	22.08%	21.35%	18.07%	-1.46%	15.18%
EBITDA	18,478	18,599	17,022	10,433	20,071
EBITDA Margin	21.67%	20.42%	18.62%	8.40%	25.80%
D&A For EBITDA	9,038	9,414	9,325	8,888	8,992
EBIT	9,440	9,185	7,697	1,545	11,079
EBIT Margin	11.07%	10.09%	8.42%	1.24%	14.24%
Effective Tax Rate	7.67%	5.92%	9.88%	-	13.20%

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