Thantawan Industry 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	4,830	4,276	3,411	4,073	3,761
Revenue	4,830	4,276	3,411	4,073	3,761
Revenue Growth (YoY)	12.96%	25.36%	-16.25%	8.30%	17.64%
Cost of Revenue	3,946	3,413	2,728	3,298	2,964
Gross Profit	884.26	863.03	682.94	774.46	796.69
Selling, General & Admin	574.45	510.34	404.24	408.71	371.02
Operating Expenses	574.45	510.34	404.24	408.71	371.02
Operating Income	309.81	352.69	278.7	365.75	425.67
Interest Expense	-24.15	-5.22	-2.8	-2.91	-1.9
Interest & Investment Income	24.02	28.03	15.57	3	2.53
Currency Exchange Gain (Loss)	-29.79	27.12	-9.74	16.84	15
Other Non Operating Income (Expenses)	9.19	9.01	36.75	10.4	6.67
EBT Excluding Unusual Items	289.08	411.64	318.48	393.09	447.97
Gain (Loss) on Sale of Investments	-	1.67	17.72	25.35	10.82
Gain (Loss) on Sale of Assets	0.25	0.77	0.47	0.2	1.32
Pretax Income	289.33	414.08	336.67	418.64	460.11
Income Tax Expense	82.64	85.09	48.16	55.59	77.29
Net Income	206.69	328.98	288.51	363.05	382.82
Net Income to Common	206.69	328.98	288.51	363.05	382.82
Net Income Growth	-37.17%	14.03%	-20.53%	-5.17%	10.07%
Shares Outstanding (Basic)	90	90	90	90	90
Shares Outstanding (Diluted)	90	90	90	90	90
Shares Change (YoY)	-	-	-	-0.08%	0.08%
EPS (Basic)	2.30	3.66	3.21	4.03	4.25
EPS (Diluted)	2.30	3.66	3.21	4.03	4.25
EPS Growth	-37.17%	14.03%	-20.53%	-5.08%	9.98%
Free Cash Flow	145.83	-205.31	445.49	398.5	48.35
Free Cash Flow Per Share	1.62	-2.28	4.95	4.43	0.54
Dividend Per Share	-	1.650	1.650	1.750	1.750
Dividend Growth	-	-	-5.71%	-	25.00%
Gross Margin	18.31%	20.18%	20.02%	19.02%	21.18%
Operating Margin	6.41%	8.25%	8.17%	8.98%	11.32%
Profit Margin	4.28%	7.69%	8.46%	8.91%	10.18%
Free Cash Flow Margin	3.02%	-4.80%	13.06%	9.79%	1.29%
EBITDA	449.2	480.62	403.63	485.75	536.54
EBITDA Margin	9.30%	11.24%	11.83%	11.93%	14.27%
D&A For EBITDA	139.39	127.93	124.93	120	110.87
EBIT	309.81	352.69	278.7	365.75	425.67
EBIT Margin	6.41%	8.25%	8.17%	8.98%	11.32%
Effective Tax Rate	28.56%	20.55%	14.30%	13.28%	16.80%
Revenue as Reported	4,863	4,342	3,481	4,129	3,797

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