Hwa Fong Rubber (Thailand) PCL (BKK:HFT)

BKK:HFT Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	2,985	3,024	2,649	3,412	3,427	2,665
Revenue	2,985	3,024	2,649	3,412	3,427	2,665
Revenue Growth (YoY)	5.63%	14.16%	-22.35%	-0.44%	28.59%	-2.63%
Cost of Revenue	2,497	2,477	2,187	2,865	2,744	2,044
Gross Profit	487.47	547.86	462.61	546.89	682.95	621.24
Selling, General & Admin	178.25	177.69	174.91	162.09	180.69	153.04
Operating Expenses	178.25	177.69	174.91	162.09	180.69	153.04
Operating Income	309.22	370.17	287.71	384.8	502.27	468.21
Interest Expense	-4.9	-2.58	-0.01	-0.63	-1.34	-2.51
Interest & Investment Income	40.98	40.98	15.26	4.27	2.72	6.05
Earnings From Equity Investments	-0.01	-0.01	0	0	0	0
Currency Exchange Gain (Loss)	-143.71	-39.76	-7.36	41.78	52.5	19.85
Other Non Operating Income (Expenses)	11.26	13.64	9.37	15.01	4.91	3.22
EBT Excluding Unusual Items	212.85	382.45	304.96	445.22	561.05	494.83
Gain (Loss) on Sale of Investments	2.44	3.19	-10.53	-12.72	-	-
Gain (Loss) on Sale of Assets	0.18	0.18	11.38	0.09	0.13	0.28
Asset Writedown	-	-	-6.75	-	-	-
Pretax Income	215.47	385.82	299.05	432.59	561.18	495.1
Income Tax Expense	1.84	12.49	49.18	71.01	100.3	82.48
Net Income	213.63	373.33	249.87	361.58	460.88	412.62
Net Income to Common	213.63	373.33	249.87	361.58	460.88	412.62
Net Income Growth	-48.11%	49.41%	-30.89%	-21.55%	11.70%	47.98%
Shares Outstanding (Basic)	658	658	658	658	658	658
Shares Outstanding (Diluted)	658	658	658	658	658	658
EPS (Basic)	0.32	0.57	0.38	0.55	0.70	0.63
EPS (Diluted)	0.32	0.57	0.38	0.55	0.70	0.63
EPS Growth	-48.11%	49.41%	-30.89%	-21.55%	11.70%	47.98%
Free Cash Flow	-31.63	95.82	400.08	681.1	-38.49	292.45
Free Cash Flow Per Share	-0.05	0.15	0.61	1.03	-0.06	0.44
Dividend Per Share	-	0.280	0.300	0.380	0.425	0.315
Dividend Growth	-	-6.67%	-21.05%	-10.59%	34.92%	117.24%
Gross Margin	16.33%	18.12%	17.46%	16.03%	19.93%	23.31%
Operating Margin	10.36%	12.24%	10.86%	11.28%	14.66%	17.57%
Profit Margin	7.16%	12.34%	9.43%	10.60%	13.45%	15.48%
Free Cash Flow Margin	-1.06%	3.17%	15.10%	19.96%	-1.12%	10.97%
EBITDA	415.01	475.26	399.42	499.14	601.12	563.58
EBITDA Margin	13.90%	15.71%	15.08%	14.63%	17.54%	21.15%
D&A For EBITDA	105.79	105.09	111.71	114.34	98.86	95.37
EBIT	309.22	370.17	287.71	384.8	502.27	468.21
EBIT Margin	10.36%	12.24%	10.86%	11.28%	14.66%	17.57%
Effective Tax Rate	0.85%	3.24%	16.45%	16.42%	17.87%	16.66%

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.