Sub Sri Thai PCL Income Statement

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

Millions THB. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	2,685	3,385	3,973	3,987	2,552
Other Revenue	98.36	107.51	117.6	204.86	163.81
Revenue	2,784	3,493	4,090	4,192	2,716
Revenue Growth (YoY)	-20.31%	-14.61%	-2.42%	54.36%	-0.54%
Cost of Revenue	1,176	1,472	1,791	1,993	1,089
Gross Profit	1,607	2,021	2,300	2,199	1,627
Selling, General & Admin	1,830	2,136	2,113	1,947	1,547
Other Operating Expenses	427.73	121.69	-	-	-
Operating Expenses	2,258	2,257	2,113	1,947	1,547
Operating Income	-650.53	-236.62	186.49	251.36	79.43
Interest Expense	-250.8	-231.33	-233.49	-208.92	-172.86
Earnings From Equity Investments	46.27	44.01	54.41	25.14	19.52
Currency Exchange Gain (Loss)	23.1	-	-	-	-
EBT Excluding Unusual Items	-831.96	-423.94	7.42	67.58	-73.92
Pretax Income	-831.96	-423.94	7.42	67.58	-73.92
Income Tax Expense	-22.42	6.35	34.06	-38.71	3.27
Earnings From Continuing Operations	-809.54	-430.29	-26.64	106.29	-77.18
Minority Interest in Earnings	276.45	129.53	26.12	12.38	44.17
Net Income	-533.09	-300.76	-0.52	118.67	-33.01
Net Income to Common	-533.09	-300.76	-0.52	118.67	-33.01
Shares Outstanding (Basic)	526	526	526	526	526
Shares Outstanding (Diluted)	526	526	526	526	526
EPS (Basic)	-1.01	-0.57	-0.00	0.23	-0.06
EPS (Diluted)	-1.01	-0.57	-0.00	0.23	-0.06
Free Cash Flow	491.4	404.85	575.65	-30.31	386.54
Free Cash Flow Per Share	0.93	0.77	1.09	-0.06	0.73
Dividend Per Share	-	-	0.010	0.045	0.030
Dividend Growth	-	-	-77.78%	50.00%	426.32%
Gross Margin	57.74%	57.85%	56.23%	52.45%	59.90%
Operating Margin	-23.37%	-6.77%	4.56%	6.00%	2.93%
Profit Margin	-19.15%	-8.61%	-0.01%	2.83%	-1.22%
Free Cash Flow Margin	17.65%	11.59%	14.07%	-0.72%	14.23%
EBITDA	-503.96	-79.02	336.79	408.48	236.67
EBITDA Margin	-18.11%	-2.26%	8.23%	9.74%	8.71%
D&A For EBITDA	146.58	157.6	150.3	157.12	157.23
EBIT	-650.53	-236.62	186.49	251.36	79.43
EBIT Margin	-23.37%	-6.77%	4.56%	6.00%	2.93%
Effective Tax Rate	-	-	459.15%	-	-
Revenue as Reported	2,807	3,493	4,090	4,192	2,716

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