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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	3,045	3,024	2,649	3,412	3,427	2,665
Revenue	3,045	3,024	2,649	3,412	3,427	2,665
Revenue Growth (YoY)	11.56%	14.16%	-22.35%	-0.44%	28.59%	-2.63%
Cost of Revenue	2,507	2,477	2,187	2,865	2,744	2,044
Gross Profit	538.12	547.86	462.61	546.89	682.95	621.24
Selling, General & Admin	179.41	177.69	174.91	162.09	180.69	153.04
Operating Expenses	179.41	177.69	174.91	162.09	180.69	153.04
Operating Income	358.71	370.17	287.71	384.8	502.27	468.21
Interest Expense	-4.04	-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)	-99.69	-39.76	-7.36	41.78	52.5	19.85
Other Non Operating Income (Expenses)	8.46	13.64	9.37	15.01	4.91	3.22
EBT Excluding Unusual Items	304.41	382.45	304.96	445.22	561.05	494.83
Gain (Loss) on Sale of Investments	7.78	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	312.37	385.82	299.05	432.59	561.18	495.1
Income Tax Expense	9.84	12.49	49.18	71.01	100.3	82.48
Net Income	302.53	373.33	249.87	361.58	460.88	412.62
Net Income to Common	302.53	373.33	249.87	361.58	460.88	412.62
Net Income Growth	-18.21%	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)	0.46	0.57	0.38	0.55	0.70	0.63
EPS (Diluted)	0.46	0.57	0.38	0.55	0.70	0.63
EPS Growth	-18.21%	49.41%	-30.89%	-21.55%	11.70%	47.98%
Free Cash Flow	13.56	95.82	400.08	681.1	-38.49	292.45
Free Cash Flow Per Share	0.02	0.15	0.61	1.03	-0.06	0.44
Dividend Per Share	-	-	0.300	0.380	0.425	0.315
Dividend Growth	-	-	-21.05%	-10.59%	34.92%	117.24%
Gross Margin	17.67%	18.12%	17.46%	16.03%	19.93%	23.31%
Operating Margin	11.78%	12.24%	10.86%	11.28%	14.66%	17.57%
Profit Margin	9.94%	12.34%	9.43%	10.60%	13.45%	15.48%
Free Cash Flow Margin	0.45%	3.17%	15.10%	19.96%	-1.12%	10.97%
EBITDA	463.55	475.26	399.42	499.14	601.12	563.58
EBITDA Margin	15.22%	15.71%	15.08%	14.63%	17.54%	21.15%
D&A For EBITDA	104.85	105.09	111.71	114.34	98.86	95.37
EBIT	358.71	370.17	287.71	384.8	502.27	468.21
EBIT Margin	11.78%	12.24%	10.86%	11.28%	14.66%	17.57%
Effective Tax Rate	3.15%	3.24%	16.45%	16.42%	17.87%	16.66%

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