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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	2,791	3,024	2,649	3,412	3,427	2,665
Revenue	2,791	3,024	2,649	3,412	3,427	2,665
Revenue Growth (YoY)	-4.63%	14.16%	-22.35%	-0.44%	28.59%	-2.63%
Cost of Revenue	2,385	2,477	2,187	2,865	2,744	2,044
Gross Profit	406.02	547.86	462.61	546.89	682.95	621.24
Selling, General & Admin	172.01	177.69	174.91	162.09	180.69	153.04
Operating Expenses	172.01	177.69	174.91	162.09	180.69	153.04
Operating Income	234	370.17	287.71	384.8	502.27	468.21
Interest Expense	-4.96	-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)	-4.42	-39.76	-7.36	41.78	52.5	19.85
Other Non Operating Income (Expenses)	1.11	13.64	9.37	15.01	4.91	3.22
EBT Excluding Unusual Items	266.7	382.45	304.96	445.22	561.05	494.83
Gain (Loss) on Sale of Investments	9.39	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	276.27	385.82	299.05	432.59	561.18	495.1
Income Tax Expense	6.09	12.49	49.18	71.01	100.3	82.48
Net Income	270.18	373.33	249.87	361.58	460.88	412.62
Net Income to Common	270.18	373.33	249.87	361.58	460.88	412.62
Net Income Growth	0.06%	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)	0.41	0.57	0.38	0.55	0.70	0.63
EPS (Diluted)	0.41	0.57	0.38	0.55	0.70	0.63
EPS Growth	0.06%	49.41%	-30.89%	-21.55%	11.70%	47.98%
Free Cash Flow	96.1	95.82	400.08	681.1	-38.49	292.45
Free Cash Flow Per Share	0.15	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	14.55%	18.12%	17.46%	16.03%	19.93%	23.31%
Operating Margin	8.38%	12.24%	10.86%	11.28%	14.66%	17.57%
Profit Margin	9.68%	12.34%	9.43%	10.60%	13.45%	15.48%
Free Cash Flow Margin	3.44%	3.17%	15.10%	19.96%	-1.12%	10.97%
EBITDA	341.43	475.26	399.42	499.14	601.12	563.58
EBITDA Margin	12.23%	15.71%	15.08%	14.63%	17.54%	21.15%
D&A For EBITDA	107.43	105.09	111.71	114.34	98.86	95.37
EBIT	234	370.17	287.71	384.8	502.27	468.21
EBIT Margin	8.38%	12.24%	10.86%	11.28%	14.66%	17.57%
Effective Tax Rate	2.21%	3.24%	16.45%	16.42%	17.87%	16.66%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.