Thai Ha 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
Operating Revenue	320.58	376.67	477.28	467.62	536.12	609.36
Other Revenue	1.2	1.8	6.12	8.41	1.56	10.67
Revenue	321.78	378.47	483.4	476.04	537.68	620.02
Revenue Growth (YoY)	-22.84%	-21.71%	1.55%	-11.46%	-13.28%	-28.32%
Cost of Revenue	279.68	317.9	427.35	391.69	454.47	529.75
Gross Profit	42.1	60.57	56.05	84.35	83.22	90.28
Selling, General & Admin	87.76	101.75	122.62	125.82	146.06	109.75
Other Operating Expenses	-0.43	1.74	2.39	0.01	5.23	-
Operating Expenses	85.94	103.49	125.02	125.82	151.28	109.75
Operating Income	-43.84	-42.92	-68.97	-41.48	-68.07	-19.47
Interest Expense	-16.28	-15.35	-12.47	-7.64	-4.41	-4.12
EBT Excluding Unusual Items	-60.12	-58.27	-81.44	-49.12	-72.47	-23.59
Other Unusual Items	-	-	-	20.84	-	-
Pretax Income	-60.12	-58.27	-81.44	-28.28	-72.47	-23.59
Income Tax Expense	-1.15	-0.87	-0.9	-0.14	-3.46	-
Net Income	-58.97	-57.41	-80.54	-28.14	-69.01	-23.59
Preferred Dividends & Other Adjustments	3.68	3.69	3.67	0.92	-	-
Net Income to Common	-62.64	-61.09	-84.21	-29.05	-69.01	-23.59
Shares Outstanding (Basic)	278	278	278	278	278	278
Shares Outstanding (Diluted)	278	278	278	278	278	278
Shares Change (YoY)	-	-	-	-0.02%	0.02%	-
EPS (Basic)	-0.23	-0.22	-0.30	-0.10	-0.25	-0.08
EPS (Diluted)	-0.23	-0.22	-0.30	-0.10	-0.25	-0.08
Free Cash Flow	-3.3	-22.88	-56.11	6.27	-98.27	6.7
Free Cash Flow Per Share	-0.01	-0.08	-0.20	0.02	-0.35	0.02
Gross Margin	13.08%	16.00%	11.59%	17.72%	15.48%	14.56%
Operating Margin	-13.62%	-11.34%	-14.27%	-8.71%	-12.66%	-3.14%
Profit Margin	-19.47%	-16.14%	-17.42%	-6.10%	-12.83%	-3.81%
Free Cash Flow Margin	-1.03%	-6.05%	-11.61%	1.32%	-18.28%	1.08%
EBITDA	-22.98	-21.86	-44.1	-19.7	-46.54	-1.53
EBITDA Margin	-7.14%	-5.78%	-9.12%	-4.14%	-8.66%	-0.25%
D&A For EBITDA	20.86	21.06	24.87	21.78	21.52	17.94
EBIT	-43.84	-42.92	-68.97	-41.48	-68.07	-19.47
EBIT Margin	-13.62%	-11.34%	-14.27%	-8.71%	-12.66%	-3.14%
Revenue as Reported	321.78	378.47	483.4	496.87	537.68	620.02
Advertising Expenses	-	12.5	17.02	17.55	27.24	31.43

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