Surapon Foods PCL (BKK: SSF)

Surapon Foods PCL 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	5,353	5,249	5,848	5,589	5,879	5,867
Revenue	5,353	5,249	5,848	5,589	5,879	5,867
Revenue Growth (YoY)	-4.12%	-10.25%	4.65%	-4.95%	0.21%	15.66%
Cost of Revenue	4,591	4,547	5,236	4,761	5,019	5,174
Gross Profit	762.48	701.87	612.66	827.51	860.54	693.01
Selling, General & Admin	471.21	461.29	569.17	488.55	457.67	497.26
Other Operating Expenses	-72.33	-69.82	-101.47	-81.09	-63.35	-60.43
Operating Expenses	398.54	391.22	467.32	406.07	394.32	436.83
Operating Income	363.93	310.64	145.34	421.44	466.22	256.17
Interest Expense	-31.98	-31.49	-17.75	-19.99	-28.01	-38.74
Interest & Investment Income	5.59	4.86	1.92	1.8	2.48	5.55
Earnings From Equity Investments	0.07	0.07	0.06	-0.26	0.08	0.49
Currency Exchange Gain (Loss)	37.83	50.65	54.39	50.17	3.36	108.77
Other Non Operating Income (Expenses)	-	-	-	-	-1.23	-
EBT Excluding Unusual Items	375.43	334.73	183.97	453.16	442.89	332.24
Gain (Loss) on Sale of Assets	0.39	0.39	3.31	0.9	1.1	1.11
Asset Writedown	-	-	-	22.46	-	-
Pretax Income	375.82	335.12	187.27	476.51	443.99	333.35
Income Tax Expense	45	31.67	20.54	33.41	32.36	30.58
Earnings From Continuing Operations	330.82	303.45	166.73	443.1	411.63	302.77
Minority Interest in Earnings	-175.31	-173.03	-83.26	-237.89	-263.09	-227.31
Net Income	155.5	130.42	83.47	205.22	148.54	75.47
Net Income to Common	155.5	130.42	83.47	205.22	148.54	75.47
Net Income Growth	36.53%	56.25%	-59.33%	38.16%	96.83%	-
Shares Outstanding (Basic)	270	270	270	270	270	270
Shares Outstanding (Diluted)	270	270	270	270	270	270
EPS (Basic)	0.58	0.48	0.31	0.76	0.55	0.28
EPS (Diluted)	0.58	0.48	0.31	0.76	0.55	0.28
EPS Growth	36.53%	56.25%	-59.33%	38.16%	96.83%	-
Free Cash Flow	574.5	504.34	-16.94	515.14	610.91	385.49
Free Cash Flow Per Share	2.13	1.87	-0.06	1.91	2.26	1.43
Dividend Per Share	0.370	0.370	0.481	0.518	0.327	0.206
Dividend Growth	-23.06%	-23.06%	-7.16%	58.47%	58.60%	-44.30%
Gross Margin	14.24%	13.37%	10.48%	14.81%	14.64%	11.81%
Operating Margin	6.80%	5.92%	2.49%	7.54%	7.93%	4.37%
Profit Margin	2.90%	2.48%	1.43%	3.67%	2.53%	1.29%
Free Cash Flow Margin	10.73%	9.61%	-0.29%	9.22%	10.39%	6.57%
EBITDA	648.86	622.14	443.6	719.71	739.44	539.88
EBITDA Margin	12.12%	11.85%	7.58%	12.88%	12.58%	9.20%
D&A For EBITDA	284.93	311.5	298.26	298.27	273.22	283.71
EBIT	363.93	310.64	145.34	421.44	466.22	256.17
EBIT Margin	6.80%	5.92%	2.48%	7.54%	7.93%	4.37%
Effective Tax Rate	11.97%	9.45%	10.97%	7.01%	7.29%	9.17%
Revenue as Reported	5,469	5,375	6,010	5,745	5,950	6,043

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