POSCO-Thainox 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	13,251	14,379	14,067	23,521	19,132
Other Revenue	-	-	-	3.29	4.51
Revenue	13,251	14,379	14,067	23,524	19,136
Revenue Growth (YoY)	-7.85%	2.22%	-40.20%	22.93%	45.22%
Cost of Revenue	12,610	13,641	13,759	22,744	17,638
Gross Profit	640.51	738.62	308.44	780.37	1,498
Selling, General & Admin	461.29	455.99	443.68	539.52	491.88
Other Operating Expenses	152.92	-15.78	-17.84	-13.34	-11.17
Operating Expenses	614.21	440.21	425.84	526.18	480.71
Operating Income	26.3	298.41	-117.4	254.19	1,017
Interest Expense	-1.77	-1.83	-2.25	-14.3	-2.1
Interest & Investment Income	45.82	56.9	13.71	2.13	2.52
Earnings From Equity Investments	1.25	2.14	-0.04	5.83	3.46
Currency Exchange Gain (Loss)	31.47	85.75	23.92	48.8	89.06
EBT Excluding Unusual Items	103.08	441.37	-82.05	296.64	1,110
Gain (Loss) on Sale of Investments	-	-	-	-	0.44
Asset Writedown	-	-	-	-36.45	-3.88
Pretax Income	103.08	441.37	-82.05	260.19	1,107
Income Tax Expense	165.12	90.54	-8.97	54.11	221.37
Net Income	-62.04	350.83	-73.08	206.08	885.58
Net Income to Common	-62.04	350.83	-73.08	206.08	885.58
Net Income Growth	-	-	-	-76.73%	-
Shares Outstanding (Basic)	7,796	7,796	7,796	7,796	7,796
Shares Outstanding (Diluted)	7,796	7,796	7,796	7,796	7,796
EPS (Basic)	-0.01	0.05	-0.01	0.03	0.11
EPS (Diluted)	-0.01	0.05	-0.01	0.03	0.11
EPS Growth	-	-	-	-76.73%	-
Free Cash Flow	-410.77	707.78	1,407	-713.17	1,656
Free Cash Flow Per Share	-0.05	0.09	0.18	-0.09	0.21
Dividend Per Share	-	0.023	-	0.024	0.107
Dividend Growth	-	-	-	-77.57%	-
Gross Margin	4.83%	5.14%	2.19%	3.32%	7.83%
Operating Margin	0.20%	2.08%	-0.83%	1.08%	5.32%
Profit Margin	-0.47%	2.44%	-0.52%	0.88%	4.63%
Free Cash Flow Margin	-3.10%	4.92%	10.00%	-3.03%	8.65%
EBITDA	321.7	584.04	192.31	589.04	1,386
EBITDA Margin	2.43%	4.06%	1.37%	2.50%	7.24%
D&A For EBITDA	295.39	285.62	309.71	334.85	368.54
EBIT	26.3	298.41	-117.4	254.19	1,017
EBIT Margin	0.20%	2.08%	-0.83%	1.08%	5.32%
Effective Tax Rate	160.19%	20.51%	-	20.80%	20.00%
Revenue as Reported	13,343	14,538	14,123	23,589	19,240

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