NSL Foods 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	6,922	5,839	4,793	4,001	3,038
Other Revenue	30.19	26.35	16.52	8.3	4.59
Revenue	6,952	5,866	4,809	4,010	3,043
Revenue Growth (YoY)	18.52%	21.96%	19.94%	31.77%	3.94%
Cost of Revenue	5,565	4,630	3,910	3,259	2,497
Gross Profit	1,387	1,236	899.25	750.42	546.22
Selling, General & Admin	626.14	551.72	462.15	368.5	297.04
Operating Expenses	626.14	551.72	462.15	368.5	297.04
Operating Income	760.78	684.06	437.11	381.92	249.19
Interest Expense	-15.89	-8.8	-10.64	-10.28	-16.8
Earnings From Equity Investments	-	-4.41	-8.87	-	-
Pretax Income	744.89	670.84	417.6	371.64	232.39
Income Tax Expense	142.29	131.61	85.38	74.04	41.28
Earnings From Continuing Operations	602.6	539.23	332.22	297.6	191.11
Minority Interest in Earnings	1.58	1.78	1.26	-	-
Net Income	604.18	541.01	333.48	297.6	191.11
Net Income to Common	604.18	541.01	333.48	297.6	191.11
Net Income Growth	11.68%	62.23%	12.06%	55.72%	26.22%
Shares Outstanding (Basic)	300	300	300	300	273
Shares Outstanding (Diluted)	300	300	300	300	273
Shares Change (YoY)	-	-	-	10.02%	21.76%
EPS (Basic)	2.01	1.80	1.11	0.99	0.70
EPS (Diluted)	2.01	1.80	1.11	0.99	0.70
EPS Growth	11.68%	62.23%	12.06%	41.53%	3.66%
Free Cash Flow	155.16	488.73	272.13	202.16	159.1
Free Cash Flow Per Share	0.52	1.63	0.91	0.67	0.58
Dividend Per Share	1.050	0.900	0.650	0.550	0.500
Dividend Growth	16.67%	38.46%	18.18%	10.00%	-41.18%
Gross Margin	19.95%	21.07%	18.70%	18.71%	17.95%
Operating Margin	10.94%	11.66%	9.09%	9.53%	8.19%
Profit Margin	8.69%	9.22%	6.93%	7.42%	6.28%
Free Cash Flow Margin	2.23%	8.33%	5.66%	5.04%	5.23%
EBITDA	908.28	813.31	548.91	477.48	340.37
EBITDA Margin	13.06%	13.87%	11.41%	11.91%	11.19%
D&A For EBITDA	147.5	129.26	111.81	95.56	91.19
EBIT	760.78	684.06	437.11	381.92	249.19
EBIT Margin	10.94%	11.66%	9.09%	9.53%	8.19%
Effective Tax Rate	19.10%	19.62%	20.45%	19.92%	17.76%
Revenue as Reported	6,952	5,866	4,809	4,010	3,043

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