JAS Asset PCL Income Statement

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

Millions THB. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Rental Revenue	421.5	385.2	383.23	345.21	271.72	320.74
Other Revenue	278.9	242.87	149.76	176.23	111.87	191.73
Total Revenue	700.41	628.07	532.99	521.44	383.59	512.47
Revenue Growth (YoY	19.21%	17.84%	2.21%	35.94%	-25.15%	-42.45%
Property Expenses	375.18	316.35	214.22	195.27	113.93	185.71
Selling, General & Administrative	223.16	232.46	227.82	164.29	122.44	123.7
Other Operating Expenses	-13.33	-14.62	-28.78	-34.58	-49.9	-9.29
Total Operating Expenses	585.01	534.2	413.26	324.98	186.47	300.13
Operating Income	115.4	93.88	119.73	196.46	197.12	212.35
Interest Expense	-158.33	-123.77	-93.48	-70.19	-66.07	-61.83
Interest & Investment Income	0.91	0.32	1.25	-	1.28	1.88
EBT Excluding Unusual Items	-42.02	-29.57	27.49	126.28	132.33	152.4
Asset Writedown	-134.35	241.26	235.45	135.6	65.59	-93.9
Pretax Income	-176.37	211.68	262.94	261.87	197.92	58.49
Income Tax Expense	61.66	46.07	70.34	59.54	36.48	2.06
Earnings From Continuing Operations	-238.03	165.61	192.6	202.34	161.44	56.44
Net Income	-238.03	165.61	192.6	202.34	161.44	56.44
Net Income to Common	-238.03	165.61	192.6	202.34	161.44	56.44
Net Income Growth	-	-14.01%	-4.81%	25.33%	186.05%	227.88%
Basic Shares Outstanding	1,461	1,434	1,140	1,064	912	794
Diluted Shares Outstanding	1,461	1,434	1,140	1,069	933	794
Shares Change (YoY)	7.86%	25.79%	6.65%	14.56%	17.58%	21.05%
EPS (Basic)	-0.16	0.12	0.17	0.19	0.18	0.07
EPS (Diluted)	-0.16	0.12	0.17	0.19	0.17	0.07
EPS Growth	-	-31.64%	-10.74%	9.36%	143.33%	170.86%
Dividend Per Share	-	-	-	0.030	0.030	0.030
Operating Margin	16.48%	14.95%	22.46%	37.68%	51.39%	41.44%
Profit Margin	-33.98%	26.37%	36.14%	38.80%	42.09%	11.01%
EBITDA	167.88	137.07	135.18	206.02	211.4	228.34
EBITDA Margin	23.97%	21.82%	25.36%	39.51%	55.11%	44.56%
D&A For Ebitda	52.48	43.19	15.45	9.56	14.29	15.99
EBIT	115.4	93.88	119.73	196.46	197.12	212.35
EBIT Margin	16.48%	14.95%	22.46%	37.68%	51.39%	41.44%
Effective Tax Rate	-	21.76%	26.75%	22.73%	18.43%	3.51%
Revenue as Reported	703.04	631.18	552.33	522.19	383.59	512.47

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