S. Pack & Print PCL Income Statement

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

Millions THB. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	1,066	1,064	1,311	1,240	1,318	1,275
Other Revenue	7.78	8.72	6.9	3.18	6.01	2.01
Revenue	1,073	1,073	1,318	1,243	1,324	1,277
Revenue Growth (YoY)	-14.70%	-18.62%	6.05%	-6.10%	3.66%	5.46%
Cost of Revenue	918	921.78	1,124	1,094	1,181	1,072
Gross Profit	155.33	150.89	194.11	149.28	142.53	205.26
Selling, General & Admin	108.09	105.36	113.47	111.48	116.52	118
Operating Expenses	108.09	105.36	113.47	111.48	116.52	118
Operating Income	47.24	45.53	80.65	37.79	26.01	87.26
Interest Expense	-4.51	-5.45	-10.09	-12.07	-11.1	-11.88
Pretax Income	42.73	40.09	70.56	25.72	14.91	75.38
Income Tax Expense	6.94	6.46	13.58	8.19	8.07	11.58
Net Income	35.79	33.63	56.98	17.53	6.84	63.79
Net Income to Common	35.79	33.63	56.98	17.53	6.84	63.79
Net Income Growth	-31.23%	-40.99%	225.08%	156.20%	-89.28%	-17.15%
Shares Outstanding (Basic)	295	300	300	300	300	300
Shares Outstanding (Diluted)	295	300	300	300	300	300
EPS (Basic)	0.12	0.11	0.19	0.06	0.02	0.21
EPS (Diluted)	0.12	0.11	0.19	0.06	0.02	0.21
EPS Growth	-30.27%	-40.99%	225.08%	156.20%	-89.28%	-17.15%
Free Cash Flow	55.27	84.23	82.12	239.41	-108.34	-29.8
Free Cash Flow Per Share	0.19	0.28	0.27	0.80	-0.36	-0.10
Gross Margin	14.47%	14.07%	14.73%	12.01%	10.77%	16.07%
Operating Margin	4.40%	4.25%	6.12%	3.04%	1.97%	6.83%
Profit Margin	3.33%	3.14%	4.32%	1.41%	0.52%	5.00%
Free Cash Flow Margin	5.15%	7.85%	6.23%	19.26%	-8.18%	-2.33%
EBITDA	88.28	87.32	128.52	87.14	81.33	142.71
EBITDA Margin	8.22%	8.14%	9.75%	7.01%	6.14%	11.18%
D&A For EBITDA	41.04	41.79	47.87	49.35	55.32	55.45
EBIT	47.24	45.53	80.65	37.79	26.01	87.26
EBIT Margin	4.40%	4.25%	6.12%	3.04%	1.97%	6.83%
Effective Tax Rate	16.24%	16.11%	19.24%	31.84%	54.11%	15.37%
Revenue as Reported	1,073	1,073	1,318	1,243	1,324	1,277

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