K.W. Metal Work 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	385	514.89	459.09	472.9	567.3
Other Revenue	2.81	4.78	3.86	5.01	5.49
Revenue	387.81	519.67	462.95	477.91	572.78
Revenue Growth (YoY)	-25.37%	12.25%	-3.13%	-16.56%	61.32%
Cost of Revenue	278	377.04	367.35	388.27	430.32
Gross Profit	109.81	142.63	95.6	89.65	142.46
Selling, General & Admin	68.88	80.51	65.39	52.2	48.65
Operating Expenses	68.88	80.51	65.39	52.2	48.65
Operating Income	40.92	62.12	30.21	37.44	93.81
Interest Expense	-3.43	-4.47	-4.16	-6.17	-3.74
Currency Exchange Gain (Loss)	0.32	0.76	0.09	0.2	0.94
EBT Excluding Unusual Items	37.81	58.41	26.13	31.48	91.01
Asset Writedown	-0.32	-0.31	-0.64	-0.03	-0.34
Pretax Income	37.49	58.09	25.5	31.45	90.67
Income Tax Expense	2.93	11.21	3.99	1.59	7.83
Earnings From Continuing Operations	34.56	46.89	21.5	29.86	82.84
Minority Interest in Earnings	3.93	4.48	1.71	0.67	0.35
Net Income	38.49	51.36	23.22	30.53	83.19
Net Income to Common	38.49	51.36	23.22	30.53	83.19
Net Income Growth	-25.05%	121.25%	-23.96%	-63.30%	92.04%
Shares Outstanding (Basic)	489	489	482	472	420
Shares Outstanding (Diluted)	489	489	493	516	467
Shares Change (YoY)	-	-0.90%	-4.48%	10.56%	11.15%
EPS (Basic)	0.08	0.11	0.05	0.06	0.20
EPS (Diluted)	0.08	0.11	0.05	0.06	0.18
EPS Growth	-25.05%	123.69%	-20.34%	-66.85%	72.82%
Free Cash Flow	127.67	35.9	129.41	-8.23	-118.24
Free Cash Flow Per Share	0.26	0.07	0.26	-0.02	-0.25
Dividend Per Share	0.031	0.070	0.058	0.058	0.096
Dividend Growth	-56.14%	20.69%	-	-39.58%	33.33%
Gross Margin	28.31%	27.45%	20.65%	18.76%	24.87%
Operating Margin	10.55%	11.95%	6.53%	7.83%	16.38%
Profit Margin	9.93%	9.88%	5.01%	6.39%	14.52%
Free Cash Flow Margin	32.92%	6.91%	27.95%	-1.72%	-20.64%
EBITDA	61.97	84.39	51.44	56.21	111.19
EBITDA Margin	15.98%	16.24%	11.11%	11.76%	19.41%
D&A For EBITDA	21.04	22.27	21.23	18.77	17.38
EBIT	40.92	62.12	30.21	37.44	93.81
EBIT Margin	10.55%	11.95%	6.53%	7.83%	16.38%
Effective Tax Rate	7.81%	19.29%	15.65%	5.05%	8.64%
Revenue as Reported	388.13	520.42	463.04	478.11	573.73

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.