Thaitheparos 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	3,456	3,509	3,514	3,246	3,103	2,928
Other Revenue	63.58	55.16	42.94	51.89	25.29	25.91
Revenue	3,519	3,564	3,557	3,298	3,128	2,954
Revenue Growth (YoY)	-1.18%	0.21%	7.84%	5.44%	5.90%	1.08%
Cost of Revenue	1,981	2,061	2,080	1,982	1,837	1,735
Gross Profit	1,538	1,503	1,477	1,316	1,291	1,218
Selling, General & Admin	587.83	580.29	558.36	537.23	531.08	550.67
Operating Expenses	587.83	580.29	558.73	537.23	531.18	552.7
Operating Income	950.37	923.05	917.97	778.84	760.27	665.69
Interest & Investment Income	-	-	-	5.75	5.91	6.99
Earnings From Equity Investments	6.87	6.74	7.6	6.73	4.76	3.27
EBT Excluding Unusual Items	957.24	929.78	925.57	791.32	770.94	675.95
Pretax Income	957.24	929.78	925.57	791.32	770.94	675.95
Income Tax Expense	192.07	185.94	185.97	159.25	152.01	132.54
Net Income	765.17	743.85	739.6	632.07	618.93	543.41
Net Income to Common	765.17	743.85	739.6	632.07	618.93	543.41
Net Income Growth	2.72%	0.57%	17.01%	2.12%	13.90%	21.97%
Shares Outstanding (Basic)	360	360	360	360	360	360
Shares Outstanding (Diluted)	360	360	360	360	360	360
EPS (Basic)	2.13	2.07	2.05	1.76	1.72	1.51
EPS (Diluted)	2.13	2.07	2.05	1.76	1.72	1.51
EPS Growth	2.72%	0.57%	17.01%	2.12%	13.90%	21.97%
Free Cash Flow	682.79	728.35	872.22	427.07	583.49	606.07
Free Cash Flow Per Share	1.90	2.02	2.42	1.19	1.62	1.68
Dividend Per Share	1.790	1.790	1.720	1.650	1.600	1.250
Dividend Growth	4.07%	4.07%	4.24%	3.13%	28.00%	8.70%
Gross Margin	43.71%	42.18%	41.52%	39.90%	41.28%	41.25%
Operating Margin	27.01%	25.90%	25.81%	23.61%	24.30%	22.54%
Profit Margin	21.74%	20.87%	20.79%	19.16%	19.79%	18.40%
Free Cash Flow Margin	19.40%	20.43%	24.52%	12.95%	18.65%	20.52%
EBITDA	1,050	1,023	1,023	887.42	873.95	780.04
EBITDA Margin	29.84%	28.71%	28.77%	26.91%	27.94%	26.41%
D&A For EBITDA	99.82	100.15	105.3	108.58	113.68	114.34
EBIT	950.37	923.05	917.97	778.84	760.27	665.69
EBIT Margin	27.01%	25.90%	25.81%	23.61%	24.30%	22.54%
Effective Tax Rate	20.06%	20.00%	20.09%	20.12%	19.72%	19.61%
Revenue as Reported	3,519	3,564	3,557	3,304	3,134	2,961
Advertising Expenses	-	109.25	107.79	117.17	116.93	123.81

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