President Bakery PCL Income Statement

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

Millions THB. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	7,085	7,480	7,540	7,529	7,160	7,143
Other Revenue	48.57	40.87	32.82	25.87	29.47	26.95
Revenue	7,133	7,521	7,573	7,555	7,189	7,170
Revenue Growth (YoY)	-6.08%	-0.69%	0.24%	5.08%	0.27%	-7.70%
Cost of Revenue	3,919	4,051	4,033	4,049	3,774	3,743
Gross Profit	3,214	3,470	3,540	3,506	3,416	3,428
Selling, General & Admin	1,855	1,798	1,698	1,635	1,581	1,609
Operating Expenses	1,855	1,798	1,698	1,635	1,581	1,609
Operating Income	1,360	1,672	1,842	1,871	1,835	1,818
Interest Expense	-1.34	-1.11	-1.4	-0.89	-0.67	-0.81
Interest & Investment Income	173.2	176.03	127.58	72.02	61.87	68.03
Earnings From Equity Investments	1.27	3.38	6.71	6.78	3.25	3.44
Currency Exchange Gain (Loss)	-	-	-	-	-	0.03
Other Non Operating Income (Expenses)	-	-	2.45	-	2.25	7.86
EBT Excluding Unusual Items	1,533	1,851	1,977	1,948	1,902	1,897
Pretax Income	1,533	1,851	1,977	1,948	1,902	1,897
Income Tax Expense	207.81	260.02	269.42	241.49	213.91	218.37
Net Income	1,325	1,591	1,708	1,707	1,688	1,679
Net Income to Common	1,325	1,591	1,708	1,707	1,688	1,679
Net Income Growth	-21.59%	-6.86%	0.05%	1.14%	0.54%	-1.30%
Shares Outstanding (Basic)	450	450	450	450	450	450
Shares Outstanding (Diluted)	450	450	450	450	450	450
EPS (Basic)	2.94	3.53	3.80	3.79	3.75	3.73
EPS (Diluted)	2.94	3.53	3.80	3.79	3.75	3.73
EPS Growth	-21.59%	-6.86%	0.05%	1.14%	0.54%	-1.30%
Free Cash Flow	451	1,149	1,331	1,755	1,734	2,076
Free Cash Flow Per Share	1.00	2.55	2.96	3.90	3.85	4.61
Dividend Per Share	1.720	1.900	2.000	2.000	1.900	1.900
Dividend Growth	-15.27%	-5.00%	-	5.26%	-	-
Gross Margin	45.06%	46.13%	46.74%	46.41%	47.51%	47.80%
Operating Margin	19.06%	22.23%	24.32%	24.76%	25.52%	25.36%
Profit Margin	18.57%	21.15%	22.55%	22.60%	23.47%	23.41%
Free Cash Flow Margin	6.32%	15.28%	17.58%	23.23%	24.11%	28.96%
EBITDA	1,780	2,059	2,200	2,238	2,249	2,299
EBITDA Margin	24.96%	27.38%	29.05%	29.62%	31.28%	32.06%
D&A For EBITDA	420.67	387.06	358.32	367.14	413.84	480.04
EBIT	1,360	1,672	1,842	1,871	1,835	1,818
EBIT Margin	19.06%	22.23%	24.32%	24.76%	25.52%	25.36%
Effective Tax Rate	13.56%	14.05%	13.63%	12.39%	11.25%	11.51%
Revenue as Reported	7,146	7,533	7,598	7,571	7,208	7,186

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.