Thai Group Holdings PCL (BKK:TGH)

Thai Group Holdings PCL Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Premiums & Annuity Revenue	6,103	5,124	9,755	11,445	17,746
Total Interest & Dividend Income	704.77	677.34	1,908	1,740	1,701
Gain (Loss) on Sale of Investments	-58.23	-240.24	-1.98	10.69	-6.84
Non-Insurance Activities Revenue	5,302	4,921	4,442	5,191	4,705
Other Revenue	684.72	192.24	1,752	1,472	2,386
Total Revenue	12,736	10,674	17,855	19,859	26,531
Revenue Growth (YoY)	19.32%	-40.22%	-10.09%	-25.15%	13.55%
Policy Benefits	2,622	1,734	8,658	9,298	25,345
Policy Acquisition & Underwriting Costs	2,170	1,617	2,760	2,635	5,225
Selling, General & Administrative	-	-	2,207	2,473	2,345
Non-Insurance Activities Expense	4,064	3,850	3,322	3,983	3,616
Other Operating Expenses	1,823	1,968	35.78	74.39	-
Total Operating Expenses	10,689	9,173	16,986	18,465	36,535
Operating Income	2,047	1,501	869.59	1,394	-10,004
Interest Expense	-763.97	-845.84	-678.75	-523.55	-435.48
Currency Exchange Gain (Loss)	-0.15	0.33	-0.21	-0.06	1.84
Other Non Operating Income (Expenses)	58.7	73.4	-12.48	-447.62	-243.87
EBT Excluding Unusual Items	1,342	729	178.15	422.45	-10,681
Gain (Loss) on Sale of Assets	-	-	-	1,230	7,100
Other Unusual Items	-	-	-	-	11.3
Pretax Income	1,342	729	178.15	1,653	-3,570
Income Tax Expense	294.62	194.16	74.03	-98.08	-221.77
Earnings From Continuing Ops.	1,047	534.85	104.12	1,751	-3,348
Minority Interest in Earnings	24.83	-28.95	-48.79	-266.1	88.02
Net Income	1,072	505.9	55.33	1,485	-3,260
Net Income to Common	1,072	505.9	55.33	1,485	-3,260
Net Income Growth	111.89%	814.34%	-96.27%	-	-
Shares Outstanding (Basic)	752	752	752	752	752
Shares Outstanding (Diluted)	752	752	752	752	752
EPS (Basic)	1.43	0.67	0.07	1.97	-4.34
EPS (Diluted)	1.43	0.67	0.07	1.97	-4.34
EPS Growth	111.89%	814.34%	-96.27%	-	-
Free Cash Flow	1,454	1,270	-874.01	-1,512	-6,907
Free Cash Flow Per Share	1.93	1.69	-1.16	-2.01	-9.18
Operating Margin	16.07%	14.06%	4.87%	7.02%	-37.71%
Profit Margin	8.42%	4.74%	0.31%	7.48%	-12.29%
Free Cash Flow Margin	11.42%	11.90%	-4.90%	-7.61%	-26.04%
EBITDA	4,153	3,420	2,806	3,164	-8,164
EBITDA Margin	32.61%	32.04%	15.72%	15.93%	-30.77%
D&A For EBITDA	2,105	1,919	1,937	1,770	1,840
EBIT	2,047	1,501	869.59	1,394	-10,004
EBIT Margin	16.07%	14.06%	4.87%	7.02%	-37.71%
Effective Tax Rate	21.96%	26.63%	41.55%	-	-
Revenue as Reported	-	-	17,857	19,848	33,639

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