Sino-Thai Engineering and Construction PCL (BKK: STEC)

STEC 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	30,870	29,598	30,326	27,675	35,841	32,992
Other Revenue	102.87	70.33	106.41	118.84	30.49	69.98
Revenue	30,973	29,668	30,432	27,794	35,871	33,062
Revenue Growth (YoY)	4.23%	-2.51%	9.49%	-22.52%	8.50%	20.06%
Cost of Revenue	29,487	28,299	28,792	26,400	34,261	31,168
Gross Profit	1,486	1,369	1,640	1,394	1,610	1,894
Selling, General & Admin	868.25	834.37	779.42	674.82	673.67	511.03
Operating Expenses	868.25	834.37	779.42	674.82	673.67	511.03
Operating Income	617.39	534.75	860.87	718.82	936.04	1,383
Interest Expense	-98.06	-43.12	-19.88	-33.44	-52.7	-50.81
Interest & Investment Income	240.25	191.83	142.87	136.25	135.03	207.27
Earnings From Equity Investments	-416.98	-69.57	33.74	39.72	94.96	231.07
EBT Excluding Unusual Items	342.6	613.91	1,018	861.35	1,113	1,770
Gain (Loss) on Sale of Assets	-	-	-	-	166.08	-
Asset Writedown	23.36	23.36	36.46	140.89	59.99	114.55
Legal Settlements	-	-	-	-123.96	-	-64.96
Pretax Income	365.96	637.27	1,054	878.29	1,339	1,820
Income Tax Expense	116.32	101.65	187.33	157.69	235.99	325.91
Earnings From Continuing Operations	249.64	535.62	866.72	720.6	1,103	1,494
Minority Interest in Earnings	-9.44	-7.9	-9.32	-9.71	-10.27	-10.52
Net Income	240.2	527.72	857.41	710.88	1,093	1,484
Net Income to Common	240.2	527.72	857.41	710.88	1,093	1,484
Net Income Growth	-69.09%	-38.45%	20.61%	-34.97%	-26.32%	-8.24%
Shares Outstanding (Basic)	1,525	1,525	1,525	1,525	1,525	1,525
Shares Outstanding (Diluted)	1,525	1,525	1,525	1,525	1,525	1,525
EPS (Basic)	0.16	0.35	0.56	0.47	0.72	0.97
EPS (Diluted)	0.16	0.35	0.56	0.47	0.72	0.97
EPS Growth	-69.09%	-38.45%	20.61%	-34.97%	-26.32%	-8.24%
Free Cash Flow	-2,470	-6,296	1,555	3,905	265.07	-419.53
Free Cash Flow Per Share	-1.62	-4.13	1.02	2.56	0.17	-0.28
Dividend Per Share	0.150	0.150	0.300	0.250	0.300	0.300
Dividend Growth	-50.00%	-50.00%	20.00%	-16.67%	0%	-40.00%
Gross Margin	4.80%	4.61%	5.39%	5.01%	4.49%	5.73%
Operating Margin	1.99%	1.80%	2.83%	2.59%	2.61%	4.18%
Profit Margin	0.78%	1.78%	2.82%	2.56%	3.05%	4.49%
Free Cash Flow Margin	-7.97%	-21.22%	5.11%	14.05%	0.74%	-1.27%
EBITDA	1,212	1,148	1,621	1,518	1,632	2,154
EBITDA Margin	3.91%	3.87%	5.33%	5.46%	4.55%	6.52%
D&A For EBITDA	595.06	613.3	760.43	799.14	696.11	771.11
EBIT	617.39	534.75	860.87	718.82	936.04	1,383
EBIT Margin	1.99%	1.80%	2.83%	2.59%	2.61%	4.18%
Effective Tax Rate	31.78%	15.95%	17.77%	17.95%	17.62%	17.91%
Revenue as Reported	31,200	29,841	30,573	28,028	36,182	33,236

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