Siam Pan Group PCL (BKK:SPG)

Siam Pan Group PCL Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	2,332	2,040	2,720	2,534	2,924	2,601
Other Revenue	15.71	11.21	11.01	9.01	8.57	6.97
Revenue	2,348	2,051	2,731	2,543	2,932	2,608
Revenue Growth (YoY)	9.06%	-24.91%	7.40%	-13.26%	12.44%	-12.62%
Cost of Revenue	1,626	1,410	1,865	1,748	1,918	1,713
Gross Profit	721.41	640.63	866.89	795.34	1,014	894.94
Selling, General & Admin	396.21	375.58	449.28	427.52	456.66	457.38
Other Operating Expenses	-2.66	-2.66	-3.01	-1.65	-3.39	-0.78
Operating Expenses	393.55	372.92	446.27	425.86	453.27	456.6
Operating Income	327.85	267.71	420.62	369.48	560.61	438.34
Interest Expense	-1.85	-1.93	-1.97	-1.99	-2.2	-2.18
Interest & Investment Income	50.17	50.17	31.87	9.29	14.32	27.44
EBT Excluding Unusual Items	376.17	315.95	450.52	376.78	572.72	463.59
Gain (Loss) on Sale of Assets	3.32	3.32	3.06	2.94	3.22	1.22
Pretax Income	379.49	319.27	453.58	379.72	575.94	464.81
Income Tax Expense	79.59	64.48	91.8	76.04	114.25	91.93
Earnings From Continuing Operations	299.9	254.79	361.78	303.68	461.69	372.88
Earnings From Discontinued Operations	-17.77	-8.05	-18.06	41.02	-	-
Net Income to Company	282.14	246.74	343.71	344.7	461.69	372.88
Minority Interest in Earnings	0	-0	0	-0.61	-1.66	-0.02
Net Income	282.14	246.74	343.72	344.09	460.03	372.86
Net Income to Common	282.14	246.74	343.72	344.09	460.03	372.86
Net Income Growth	-8.00%	-28.21%	-0.11%	-25.20%	23.38%	21.64%
Shares Outstanding (Basic)	345	345	345	345	345	345
Shares Outstanding (Diluted)	345	345	345	345	345	345
EPS (Basic)	0.82	0.72	1.00	1.00	1.33	1.08
EPS (Diluted)	0.82	0.72	1.00	1.00	1.33	1.08
EPS Growth	-8.37%	-28.21%	-0.11%	-25.20%	23.38%	21.64%
Free Cash Flow	747.43	266.9	485.49	238.22	202.52	536.52
Free Cash Flow Per Share	2.16	0.77	1.41	0.69	0.59	1.55
Dividend Per Share	0.400	0.400	0.800	0.800	0.900	0.450
Dividend Growth	-50.00%	-50.00%	-	-11.11%	100.00%	-35.71%
Gross Margin	30.73%	31.23%	31.74%	31.27%	34.58%	34.32%
Operating Margin	13.96%	13.05%	15.40%	14.53%	19.12%	16.81%
Profit Margin	12.02%	12.03%	12.58%	13.53%	15.69%	14.30%
Free Cash Flow Margin	31.84%	13.01%	17.77%	9.37%	6.91%	20.57%
EBITDA	386.35	329.89	487.59	445.85	640.22	521.44
EBITDA Margin	16.46%	16.08%	17.85%	17.53%	21.83%	20.00%
D&A For EBITDA	58.5	62.18	66.97	76.37	79.61	83.11
EBIT	327.85	267.71	420.62	369.48	560.61	438.34
EBIT Margin	13.96%	13.05%	15.40%	14.53%	19.12%	16.81%
Effective Tax Rate	20.97%	20.20%	20.24%	20.03%	19.84%	19.78%
Revenue as Reported	2,404	2,107	2,769	2,557	2,953	2,637

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