Minor International PCL (BKK:MINT)

Minor International PCL Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Revenue	162,397	160,619	161,352	149,340	122,030	69,481
Other Revenue	3,386	4,205	3,521	3,378	2,155	1,315
Revenue	165,783	164,824	164,873	152,717	124,185	70,796
Revenue Growth (YoY)	0.89%	-0.03%	7.96%	22.98%	75.41%	21.55%
Cost of Revenue	91,811	90,585	90,703	82,728	69,854	47,417
Gross Profit	73,973	74,239	74,170	69,989	54,330	23,379
Selling, General & Admin	53,085	52,506	51,443	48,592	42,189	38,882
Other Operating Expenses	1,585	2,482	-3,577	3,203	-4,591	-3,955
Operating Expenses	54,670	54,987	47,865	51,795	37,599	34,927
Operating Income	19,303	19,251	26,305	18,194	16,732	-11,547
Interest Expense	-9,590	-9,728	-11,755	-11,257	-9,003	-8,986
Earnings From Equity Investments	1,534	1,436	1,047	580.51	135.5	-208.72
Currency Exchange Gain (Loss)	1,377	1,377	-4,634	1,984	-1,553	962
Other Non Operating Income (Expenses)	-	-	-	-	-	1,967
EBT Excluding Unusual Items	12,624	12,337	10,963	9,502	6,312	-17,813
Gain (Loss) on Sale of Assets	818	818	275	94	619	-
Pretax Income	13,442	13,155	11,238	9,596	6,931	-17,813
Income Tax Expense	3,395	3,315	2,636	3,508	2,408	-3,638
Earnings From Continuing Operations	10,047	9,839	8,602	6,088	4,523	-14,175
Minority Interest in Earnings	-805.68	-829.99	-851.7	-680.92	-236.31	1,009
Net Income	9,241	9,009	7,750	5,407	4,286	-13,167
Preferred Dividends & Other Adjustments	1,688	1,705	1,748	1,825	1,458	1,546
Net Income to Common	7,553	7,304	6,002	3,582	2,828	-14,713
Net Income Growth	31.62%	16.25%	43.34%	26.15%	-	-
Shares Outstanding (Basic)	5,664	5,670	5,661	5,475	5,249	5,196
Shares Outstanding (Diluted)	5,664	5,670	5,661	5,479	5,314	5,196
Shares Change (YoY)	-0.11%	0.16%	3.32%	3.10%	2.27%	6.97%
EPS (Basic)	1.33	1.29	1.06	0.65	0.54	-2.83
EPS (Diluted)	1.33	1.29	1.06	0.65	0.53	-2.83
EPS Growth	43.54%	21.50%	63.12%	22.64%	-	-
Free Cash Flow	23,710	25,277	31,687	30,153	25,552	13,760
Free Cash Flow Per Share	4.19	4.46	5.60	5.50	4.81	2.65
Dividend Per Share	0.700	0.700	0.600	0.570	0.250	-
Dividend Growth	16.67%	16.67%	5.26%	128.00%	-	-
Gross Margin	44.62%	45.04%	44.99%	45.83%	43.75%	33.02%
Operating Margin	11.64%	11.68%	15.96%	11.91%	13.47%	-16.31%
Profit Margin	4.56%	4.43%	3.64%	2.35%	2.28%	-20.78%
Free Cash Flow Margin	14.30%	15.34%	19.22%	19.74%	20.58%	19.44%
EBITDA	27,552	27,287	34,409	25,914	24,600	-3,221
EBITDA Margin	16.62%	16.55%	20.87%	16.97%	19.81%	-4.55%
D&A For EBITDA	8,250	8,036	8,104	7,720	7,868	8,327
EBIT	19,303	19,251	26,305	18,194	16,732	-11,547
EBIT Margin	11.64%	11.68%	15.96%	11.91%	13.47%	-16.31%
Effective Tax Rate	25.25%	25.20%	23.46%	36.56%	34.74%	-
Revenue as Reported	166,764	165,805	165,362	153,049	126,307	76,211

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