Thonburi Healthcare Group Public Company Limited (BKK: THG)

THG 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
Revenue	9,491	9,844	11,582	10,847	7,315	8,232
Revenue Growth (YoY)	-9.00%	-15.01%	6.77%	48.30%	-11.14%	16.04%
Cost of Revenue	7,496	7,439	8,096	7,406	5,748	6,366
Gross Profit	1,995	2,405	3,486	3,442	1,567	1,866
Selling, General & Admin	1,781	1,811	1,720	1,566	1,405	1,397
Operating Expenses	1,781	1,811	1,720	1,566	1,405	1,397
Operating Income	213.31	594.09	1,766	1,876	162.34	469.37
Interest Expense	-486.44	-449.48	-304.85	-298.95	-280.94	-216.08
Interest & Investment Income	54.38	54.38	99.88	50.93	35.26	38.33
Earnings From Equity Investments	226.73	213.52	150.96	30.69	34.61	-67.26
Currency Exchange Gain (Loss)	2.52	0.2	-0.05	4.42	7.63	-7.85
Other Non Operating Income (Expenses)	59.31	58.58	196.53	65.06	67.99	94.52
EBT Excluding Unusual Items	69.82	471.29	1,908	1,728	26.89	311.03
Gain (Loss) on Sale of Investments	3.14	3.14	13.6	0.13	18.93	278.32
Gain (Loss) on Sale of Assets	17.83	17.83	109.32	5.72	3.42	0.53
Pretax Income	90.78	492.25	2,031	1,734	49.25	589.89
Income Tax Expense	25.52	100.12	354.4	377.11	26.43	130.12
Earnings From Continuing Operations	65.26	392.14	1,677	1,357	22.81	459.77
Minority Interest in Earnings	-60.06	-96.73	-74.84	-19.39	39.61	2.62
Net Income	5.2	295.41	1,602	1,337	62.43	462.39
Net Income to Common	5.2	295.41	1,602	1,337	62.43	462.39
Net Income Growth	-99.49%	-81.56%	19.76%	2042.39%	-86.50%	33.02%
Shares Outstanding (Basic)	847	847	847	844	846	849
Shares Outstanding (Diluted)	847	847	847	844	846	849
Shares Change (YoY)	0.00%	0.01%	0.42%	-0.27%	-0.36%	-
EPS (Basic)	0.01	0.35	1.89	1.58	0.07	0.54
EPS (Diluted)	0.01	0.35	1.89	1.58	0.07	0.54
EPS Growth	-99.49%	-81.56%	19.26%	2048.11%	-86.45%	33.02%
Free Cash Flow	-268.31	259.22	1,263	1,383	-1,095	-2,300
Free Cash Flow Per Share	-0.32	0.31	1.49	1.64	-1.29	-2.71
Dividend Per Share	0.450	0.450	0.900	0.900	0.300	0.400
Dividend Growth	-50.00%	-50.00%	0%	200.00%	-25.00%	14.29%
Gross Margin	21.02%	24.43%	30.10%	31.73%	21.42%	22.67%
Operating Margin	2.25%	6.04%	15.24%	17.29%	2.22%	5.70%
Profit Margin	0.05%	3.00%	13.83%	12.33%	0.85%	5.62%
Free Cash Flow Margin	-2.83%	2.63%	10.90%	12.75%	-14.97%	-27.94%
EBITDA	1,063	1,499	2,554	2,605	778.49	1,065
EBITDA Margin	11.20%	15.23%	22.05%	24.01%	10.64%	12.93%
D&A For EBITDA	849.49	904.96	788.45	728.61	616.14	595.45
EBIT	213.31	594.09	1,766	1,876	162.34	469.37
EBIT Margin	2.25%	6.04%	15.24%	17.29%	2.22%	5.70%
Effective Tax Rate	28.11%	20.34%	17.45%	21.75%	53.67%	22.06%

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