Tong Hua Holding 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	15.09	14.84	17.82	351.54	76.29
Other Revenue	269.39	262.54	155.99	72.61	59.06
Revenue	284.49	277.38	173.81	424.15	135.34
Revenue Growth (YoY)	2.56%	59.59%	-59.02%	213.39%	100.42%
Cost of Revenue	59.83	65.43	47.26	47.56	24.11
Gross Profit	224.66	211.95	126.55	376.59	111.23
Selling, General & Admin	51.37	42.62	38.38	86.29	24.9
Operating Expenses	51.37	42.62	50.03	162.13	24.9
Operating Income	173.28	169.33	76.52	214.46	86.33
Interest Expense	-0.46	-0.34	-0.06	-0.12	-0.11
Earnings From Equity Investments	0.12	0.06	-	-	-
EBT Excluding Unusual Items	172.94	169.05	76.46	214.34	86.22
Gain (Loss) on Sale of Assets	-	-	-	-0.01	22.68
Other Unusual Items	-102.27	8.75	-	-	-
Pretax Income	70.67	177.8	76.46	214.33	108.9
Income Tax Expense	13.22	29.9	13.53	34.74	9.8
Earnings From Continuing Operations	57.45	147.9	62.93	179.59	99.11
Earnings From Discontinued Operations	-	-	1.51	-	-
Net Income to Company	57.45	147.9	64.44	179.59	99.11
Minority Interest in Earnings	-0.54	0.05	-0.19	-4.25	-3
Net Income	56.91	147.95	64.24	175.34	96.11
Net Income to Common	56.91	147.95	64.24	175.34	96.11
Net Income Growth	-61.53%	130.29%	-63.36%	82.44%	268.52%
Shares Outstanding (Basic)	998	998	998	970	965
Shares Outstanding (Diluted)	998	998	1,073	1,170	965
Shares Change (YoY)	-	-6.94%	-8.30%	21.23%	-
EPS (Basic)	0.06	0.15	0.06	0.18	0.10
EPS (Diluted)	0.06	0.15	0.06	0.15	0.10
EPS Growth	-61.53%	146.99%	-60.00%	50.62%	268.86%
Free Cash Flow	4.07	-3.91	29.55	-181.86	-366.06
Free Cash Flow Per Share	0.00	-0.00	0.03	-0.15	-0.38
Gross Margin	78.97%	76.41%	72.81%	88.79%	82.19%
Operating Margin	60.91%	61.05%	44.02%	50.56%	63.79%
Profit Margin	20.00%	53.34%	36.96%	41.34%	71.01%
Free Cash Flow Margin	1.43%	-1.41%	17.00%	-42.88%	-270.47%
EBITDA	182.18	174.91	83.1	219.21	90.42
EBITDA Margin	64.04%	63.06%	47.81%	51.68%	66.81%
D&A For EBITDA	8.9	5.58	6.58	4.75	4.09
EBIT	173.28	169.33	76.52	214.46	86.33
EBIT Margin	60.91%	61.05%	44.02%	50.56%	63.79%
Effective Tax Rate	18.71%	16.82%	17.70%	16.21%	9.00%
Revenue as Reported	284.49	286.13	173.81	424.14	158.02

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