MCOT 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	1,108	1,151	1,276	1,373	1,415
Other Revenue	16.48	18.27	35.44	34.33	96.67
Revenue	1,124	1,169	1,311	1,408	1,512
Revenue Growth (YoY)	-3.84%	-10.82%	-6.86%	-6.89%	2.16%
Cost of Revenue	913.44	996.06	982.93	968.98	897.99
Gross Profit	210.92	173.14	328.19	438.66	613.84
Selling, General & Admin	389.72	404.75	507.45	451.18	499.54
Operating Expenses	391.71	393.38	516.94	449.66	486.49
Operating Income	-180.79	-220.24	-188.75	-11	127.35
Interest Expense	-35.43	-45.94	-46.29	-30.35	-23.33
Interest & Investment Income	-	1.59	1.86	0.52	2.42
Other Non Operating Income (Expenses)	0.56	-	-	-	-
EBT Excluding Unusual Items	-215.66	-264.59	-233.18	-40.83	106.44
Asset Writedown	-92.68	-52.13	1,035	-	72.29
Pretax Income	-308.34	-316.72	801.42	-40.83	178.73
Income Tax Expense	-	-	214.06	-	14.46
Earnings From Continuing Operations	-308.34	-316.72	587.36	-40.83	164.27
Net Income to Company	-308.34	-316.72	587.36	-40.83	164.27
Minority Interest in Earnings	0.08	0.45	0.16	2.48	0.97
Net Income	-308.27	-316.27	587.52	-38.36	165.24
Net Income to Common	-308.27	-316.27	587.52	-38.36	165.24
Shares Outstanding (Basic)	685	687	687	687	687
Shares Outstanding (Diluted)	685	687	687	687	687
Shares Change (YoY)	-0.30%	-	-	-	-
EPS (Basic)	-0.45	-0.46	0.86	-0.06	0.24
EPS (Diluted)	-0.45	-0.46	0.86	-0.06	0.24
Free Cash Flow	264.73	-30.75	198.68	-18.17	-711.85
Free Cash Flow Per Share	0.39	-0.04	0.29	-0.03	-1.04
Gross Margin	18.76%	14.81%	25.03%	31.16%	40.60%
Operating Margin	-16.08%	-18.84%	-14.40%	-0.78%	8.42%
Profit Margin	-27.42%	-27.05%	44.81%	-2.73%	10.93%
Free Cash Flow Margin	23.54%	-2.63%	15.15%	-1.29%	-47.09%
EBITDA	-15.97	-56.56	12.84	160.19	241.21
EBITDA Margin	-1.42%	-4.84%	0.98%	11.38%	15.96%
D&A For EBITDA	164.82	163.68	201.59	171.19	113.86
EBIT	-180.79	-220.24	-188.75	-11	127.35
EBIT Margin	-16.08%	-18.84%	-14.40%	-0.78%	8.42%
Effective Tax Rate	-	-	26.71%	-	8.09%
Revenue as Reported	1,124	1,169	2,381	1,408	1,584

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