Tipco Asphalt PCL (BKK:TASCO)

Tipco Asphalt PCL Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Revenue	27,281	26,962	27,964	31,106	33,401	27,053
Other Revenue	183.65	179.75	205.86	159.81	214.2	133.6
Revenue	27,465	27,142	28,170	31,266	33,615	27,186
Revenue Growth (YoY)	-7.12%	-3.65%	-9.90%	-6.99%	23.65%	3.45%
Cost of Revenue	24,507	24,931	24,851	27,114	28,359	22,123
Gross Profit	2,958	2,211	3,319	4,151	5,255	5,064
Selling, General & Admin	1,157	1,178	1,243	1,262	1,314	1,354
Other Operating Expenses	482.23	-194.21	-22.96	-146.01	679.76	1,048
Operating Expenses	1,663	928.56	1,498	1,327	2,114	2,436
Operating Income	1,296	1,283	1,821	2,824	3,141	2,628
Interest Expense	-117.05	-131.08	-148.03	-142.97	-113.22	-118.12
Interest & Investment Income	22.99	22.99	28.76	28.5	23.66	23.49
Earnings From Equity Investments	176.18	175.86	110.21	111.87	161.03	128.43
Currency Exchange Gain (Loss)	97.46	97.46	50.72	86.24	107.66	90.29
Other Non Operating Income (Expenses)	-0.34	-	-	-	-	-
EBT Excluding Unusual Items	1,475	1,448	1,862	2,908	3,320	2,752
Asset Writedown	-9.69	-9.69	2.68	0.63	-199.94	-37.97
Other Unusual Items	-	-	-	-	-	20.75
Pretax Income	1,465	1,438	1,865	2,909	3,120	3,005
Income Tax Expense	318	311.83	410.96	583.2	737.55	753.42
Earnings From Continuing Operations	1,147	1,127	1,454	2,325	2,383	2,252
Minority Interest in Earnings	4.53	9.93	-37.03	-19.95	-16.2	-32.25
Net Income	1,152	1,137	1,417	2,306	2,367	2,220
Net Income to Common	1,152	1,137	1,417	2,306	2,367	2,220
Net Income Growth	-37.88%	-19.80%	-38.53%	-2.58%	6.61%	-38.20%
Shares Outstanding (Basic)	1,578	1,578	1,578	1,578	1,578	1,578
Shares Outstanding (Diluted)	1,578	1,578	1,578	1,578	1,578	1,578
Shares Change (YoY)	-0.23%	-	-	-	-	0.03%
EPS (Basic)	0.73	0.72	0.90	1.46	1.50	1.41
EPS (Diluted)	0.73	0.72	0.90	1.46	1.50	1.41
EPS Growth	-37.73%	-19.80%	-38.53%	-2.58%	6.61%	-38.22%
Free Cash Flow	3,431	2,492	291.85	3,747	2,489	244.11
Free Cash Flow Per Share	2.17	1.58	0.18	2.37	1.58	0.15
Dividend Per Share	1.000	1.000	0.900	1.250	1.250	1.050
Dividend Growth	11.11%	11.11%	-28.00%	-	19.05%	-34.38%
Gross Margin	10.77%	8.15%	11.78%	13.28%	15.63%	18.63%
Operating Margin	4.72%	4.73%	6.46%	9.03%	9.34%	9.67%
Profit Margin	4.19%	4.19%	5.03%	7.37%	7.04%	8.16%
Free Cash Flow Margin	12.49%	9.18%	1.04%	11.99%	7.40%	0.90%
EBITDA	2,194	2,208	2,813	3,899	4,240	3,756
EBITDA Margin	7.99%	8.13%	9.99%	12.47%	12.61%	13.82%
D&A For EBITDA	898.48	925.08	992.31	1,074	1,099	1,128
EBIT	1,296	1,283	1,821	2,824	3,141	2,628
EBIT Margin	4.72%	4.73%	6.46%	9.03%	9.34%	9.67%
Effective Tax Rate	21.71%	21.68%	22.03%	20.05%	23.64%	25.07%
Revenue as Reported	27,562	27,240	28,220	31,352	33,722	27,277

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