Lam Soon (Thailand) 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	12,818	11,590	10,769	11,493	9,521
Other Revenue	139.43	127.3	125.92	164.38	130.63
Revenue	12,958	11,717	10,895	11,657	9,652
Revenue Growth (YoY)	10.59%	7.55%	-6.54%	20.77%	43.40%
Cost of Revenue	11,285	10,115	9,386	10,232	8,056
Gross Profit	1,673	1,603	1,509	1,425	1,596
Selling, General & Admin	935.88	879.22	852.44	798.78	797.46
Operating Expenses	935.88	879.22	852.44	798.78	797.46
Operating Income	737.01	723.52	657.02	625.95	798.86
Interest Expense	-29.28	-24.99	-20.47	-14.97	-11.43
Interest & Investment Income	3.05	4.52	2.68	0.9	0.67
Earnings From Equity Investments	15.47	9.43	62.55	35.88	3.57
EBT Excluding Unusual Items	726.27	712.47	701.78	647.76	791.67
Asset Writedown	-	-	-	-	-15.59
Pretax Income	726.27	712.47	701.78	660.02	783.76
Income Tax Expense	130.21	143.76	125.26	125.8	135.63
Earnings From Continuing Operations	596.05	568.71	576.53	534.22	648.13
Minority Interest in Earnings	-68.11	-52.08	-62.26	-101.8	-89.5
Net Income	527.94	516.63	514.27	432.42	558.63
Net Income to Common	527.94	516.63	514.27	432.42	558.63
Net Income Growth	2.19%	0.46%	18.93%	-22.59%	78.74%
Shares Outstanding (Basic)	820	820	820	820	820
Shares Outstanding (Diluted)	820	820	820	820	820
EPS (Basic)	0.64	0.63	0.63	0.53	0.68
EPS (Diluted)	0.64	0.63	0.63	0.53	0.68
EPS Growth	2.19%	0.46%	18.93%	-22.59%	45.85%
Free Cash Flow	62.67	100.07	686.35	173.71	22.09
Free Cash Flow Per Share	0.08	0.12	0.84	0.21	0.03
Dividend Per Share	0.200	0.200	0.250	0.190	0.250
Dividend Growth	-	-20.00%	31.58%	-24.00%	13.64%
Gross Margin	12.91%	13.68%	13.86%	12.22%	16.54%
Operating Margin	5.69%	6.17%	6.03%	5.37%	8.28%
Profit Margin	4.07%	4.41%	4.72%	3.71%	5.79%
Free Cash Flow Margin	0.48%	0.85%	6.30%	1.49%	0.23%
EBITDA	1,014	990.89	916.95	866.64	1,043
EBITDA Margin	7.82%	8.46%	8.42%	7.43%	10.80%
D&A For EBITDA	276.75	267.37	259.92	240.69	243.86
EBIT	737.01	723.52	657.02	625.95	798.86
EBIT Margin	5.69%	6.17%	6.03%	5.37%	8.28%
Effective Tax Rate	17.93%	20.18%	17.85%	19.06%	17.30%
Revenue as Reported	12,958	11,717	10,895	11,759	9,685
Advertising Expenses	-	-	-	74.03	80.92

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