Siam Pan Group Public Company Limited (BKK: SPG)

SPG Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	2,355	2,720	2,534	2,924	2,601	2,977
Other Revenue	7.36	11.01	9.01	8.57	6.97	6.7
Revenue	2,363	2,731	2,543	2,932	2,608	2,984
Revenue Growth (YoY)	-4.67%	7.40%	-13.26%	12.44%	-12.62%	-8.14%
Cost of Revenue	1,580	1,865	1,748	1,918	1,713	2,151
Gross Profit	782.97	866.89	795.34	1,014	894.94	833.25
Selling, General & Admin	411.48	449.28	427.52	456.66	457.38	494.37
Other Operating Expenses	-3.01	-3.01	-1.65	-3.39	-0.78	-1.09
Operating Expenses	408.47	446.27	425.86	453.27	456.6	493.28
Operating Income	374.51	420.62	369.48	560.61	438.34	339.97
Interest Expense	-1.95	-1.97	-1.99	-2.2	-2.18	-
Interest & Investment Income	45.27	31.87	9.29	14.32	27.44	33.22
Currency Exchange Gain (Loss)	-	-	-	-	-	9.35
EBT Excluding Unusual Items	417.83	450.52	376.78	572.72	463.59	382.53
Gain (Loss) on Sale of Assets	3.06	3.06	2.94	3.22	1.22	2.94
Pretax Income	420.89	453.58	379.72	575.94	464.81	385.47
Income Tax Expense	89.33	91.8	76.04	114.25	91.93	78.78
Earnings From Continuing Operations	331.56	361.78	303.68	461.69	372.88	306.69
Earnings From Discontinued Operations	-9.16	-18.06	41.02	-	-	-
Net Income to Company	322.39	343.71	344.7	461.69	372.88	306.69
Minority Interest in Earnings	-0	0	-0.61	-1.66	-0.02	-0.17
Net Income	322.39	343.72	344.09	460.03	372.86	306.52
Net Income to Common	322.39	343.72	344.09	460.03	372.86	306.52
Net Income Growth	13.84%	-0.11%	-25.20%	23.38%	21.64%	-19.15%
Shares Outstanding (Basic)	345	345	345	345	345	345
Shares Outstanding (Diluted)	345	345	345	345	345	345
EPS (Basic)	0.93	1.00	1.00	1.33	1.08	0.89
EPS (Diluted)	0.93	1.00	1.00	1.33	1.08	0.89
EPS Growth	13.84%	-0.11%	-25.20%	23.38%	21.64%	-19.15%
Free Cash Flow	355.92	485.49	238.22	202.52	536.52	725.85
Free Cash Flow Per Share	1.03	1.41	0.69	0.59	1.56	2.10
Dividend Per Share	0.800	0.800	0.800	0.900	0.450	0.700
Dividend Growth	0%	0%	-11.11%	100.00%	-35.71%	0%
Gross Margin	33.14%	31.74%	31.27%	34.58%	34.32%	27.92%
Operating Margin	15.85%	15.40%	14.53%	19.12%	16.81%	11.39%
Profit Margin	13.64%	12.58%	13.53%	15.69%	14.30%	10.27%
Free Cash Flow Margin	15.06%	17.77%	9.37%	6.91%	20.57%	24.32%
EBITDA	438.69	487.59	445.85	640.22	521.44	427.29
EBITDA Margin	18.57%	17.85%	17.53%	21.83%	20.00%	14.32%
D&A For EBITDA	64.18	66.97	76.37	79.61	83.11	87.32
EBIT	374.51	420.62	369.48	560.61	438.34	339.97
EBIT Margin	15.85%	15.40%	14.53%	19.12%	16.81%	11.39%
Effective Tax Rate	21.23%	20.24%	20.03%	19.84%	19.78%	20.44%
Revenue as Reported	2,414	2,769	2,557	2,953	2,637	3,031

Source: S&P Capital IQ. Standard template. Financial Sources.