Tong Hua Holding PCL (BKK:TH)

Tong Hua Holding PCL Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	11.21	14.84	17.82	351.54	76.29	27.45
Other Revenue	346.39	262.54	155.99	72.61	59.06	40.08
Revenue	357.6	277.38	173.81	424.15	135.34	67.53
Revenue Growth (YoY)	107.84%	59.59%	-59.02%	213.39%	100.42%	-37.33%
Cost of Revenue	67.01	65.43	47.26	47.56	24.11	19.79
Gross Profit	290.59	211.95	126.55	376.59	111.23	47.74
Selling, General & Admin	46.19	42.62	38.38	86.29	24.9	19.85
Operating Expenses	46.19	42.62	50.03	162.13	24.9	19.85
Operating Income	244.4	169.33	76.52	214.46	86.33	27.89
Interest Expense	-0.16	-0.34	-0.06	-0.12	-0.11	-0.15
Earnings From Equity Investments	0.15	0.06	-	-	-	-
EBT Excluding Unusual Items	244.4	169.05	76.46	214.34	86.22	27.74
Gain (Loss) on Sale of Assets	-	-	-	-0.01	22.68	-
Other Unusual Items	-102.27	8.75	-	-	-	-
Pretax Income	142.12	177.8	76.46	214.33	108.9	27.74
Income Tax Expense	24.37	29.9	13.53	34.74	9.8	0.11
Earnings From Continuing Operations	117.75	147.9	62.93	179.59	99.11	27.63
Earnings From Discontinued Operations	-	-	1.51	-	-	-
Net Income to Company	117.75	147.9	64.44	179.59	99.11	27.63
Minority Interest in Earnings	-0.38	0.05	-0.19	-4.25	-3	-1.55
Net Income	117.37	147.95	64.24	175.34	96.11	26.08
Net Income to Common	117.37	147.95	64.24	175.34	96.11	26.08
Net Income Growth	80.54%	130.29%	-63.36%	82.44%	268.52%	-41.15%
Shares Outstanding (Basic)	998	998	998	970	965	965
Shares Outstanding (Diluted)	998	998	1,073	1,170	965	965
Shares Change (YoY)	-2.89%	-6.94%	-8.30%	21.23%	-	-
EPS (Basic)	0.12	0.15	0.06	0.18	0.10	0.03
EPS (Diluted)	0.12	0.15	0.06	0.15	0.10	0.03
EPS Growth	83.20%	146.99%	-60.00%	50.62%	268.86%	-41.21%
Free Cash Flow	-1.87	-3.91	29.55	-181.86	-366.06	274.02
Free Cash Flow Per Share	-0.00	-0.00	0.03	-0.15	-0.38	0.28
Gross Margin	81.26%	76.41%	72.81%	88.79%	82.19%	70.69%
Operating Margin	68.34%	61.05%	44.02%	50.56%	63.79%	41.30%
Profit Margin	32.82%	53.34%	36.96%	41.34%	71.01%	38.62%
Free Cash Flow Margin	-0.52%	-1.41%	17.00%	-42.88%	-270.47%	405.78%
EBITDA	248.45	174.91	83.1	219.21	90.42	32.51
EBITDA Margin	69.48%	63.06%	47.81%	51.68%	66.81%	48.13%
D&A For EBITDA	4.05	5.58	6.58	4.75	4.09	4.62
EBIT	244.4	169.33	76.52	214.46	86.33	27.89
EBIT Margin	68.34%	61.05%	44.02%	50.56%	63.79%	41.30%
Effective Tax Rate	17.15%	16.82%	17.70%	16.21%	9.00%	0.39%
Revenue as Reported	357.6	286.13	173.81	424.14	158.02	67.53

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