Dhipaya Group Holdings PCL (BKK:TIPH)

BKK:TIPH 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	7,708	8,608	8,893	8,440	7,809	7,573
Total Interest & Dividend Income	710.99	701.21	729.84	632.5	590.19	568.67
Gain (Loss) on Sale of Investments	124.86	126.12	107.26	63.18	272.89	185.89
Other Revenue	5,805	5,805	5,730	6,041	4,941	4,413
Total Revenue	14,348	15,240	15,459	15,177	13,613	12,741
Revenue Growth (YoY)	-31.22%	-1.42%	1.86%	11.49%	6.85%	20.81%
Policy Benefits	5,397	5,925	6,004	7,074	5,460	4,218
Policy Acquisition & Underwriting Costs	4,680	4,680	4,741	4,384	3,921	3,765
Selling, General & Administrative	2,645	2,695	2,487	2,238	1,988	2,203
Other Operating Expenses	3.34	-	-	-	-	-
Total Operating Expenses	12,725	13,300	13,232	13,695	11,369	10,186
Operating Income	1,623	1,940	2,227	1,481	2,244	2,555
Interest Expense	-35.07	-35.16	-24.51	-11.26	-	-
Other Non Operating Income (Expenses)	13.64	-	-	-	-	-
Pretax Income	1,603	1,905	2,202	1,470	2,244	2,555
Income Tax Expense	300.09	367.35	419.89	286.93	414.62	490
Earnings From Continuing Ops.	1,303	1,538	1,783	1,183	1,829	2,065
Minority Interest in Earnings	-13.61	-16.27	-23.15	-17.1	-17.57	-19.68
Net Income	1,289	1,521	1,759	1,166	1,811	2,045
Net Income to Common	1,289	1,521	1,759	1,166	1,811	2,045
Net Income Growth	-21.27%	-13.54%	50.91%	-35.64%	-11.42%	9.76%
Shares Outstanding (Basic)	594	594	594	594	594	594
Shares Outstanding (Diluted)	594	594	594	594	594	594
Shares Change (YoY)	-	-	-	-	-	-0.95%
EPS (Basic)	2.17	2.56	2.96	1.96	3.05	3.44
EPS (Diluted)	2.17	2.56	2.96	1.96	3.05	3.44
EPS Growth	-21.27%	-13.54%	50.91%	-35.64%	-11.42%	10.81%
Free Cash Flow	420.85	229.85	98.93	1,679	-172.18	2,990
Free Cash Flow Per Share	0.71	0.39	0.17	2.83	-0.29	5.03
Dividend Per Share	1.500	2.600	0.500	2.550	2.000	1.800
Dividend Growth	-6.25%	420.00%	-80.39%	27.50%	11.11%	12.50%
Operating Margin	11.31%	12.73%	14.41%	9.76%	16.48%	20.05%
Profit Margin	8.99%	9.98%	11.38%	7.68%	13.31%	16.05%
Free Cash Flow Margin	2.93%	1.51%	0.64%	11.07%	-1.26%	23.46%
EBITDA	1,737	2,061	2,346	1,596	2,361	2,678
EBITDA Margin	12.10%	13.52%	15.17%	10.52%	17.34%	21.02%
D&A For EBITDA	113.35	120.67	118.93	114.98	117.14	123.56
EBIT	1,623	1,940	2,227	1,481	2,244	2,555
EBIT Margin	11.31%	12.73%	14.41%	9.76%	16.48%	20.05%
Effective Tax Rate	18.72%	19.29%	19.06%	19.52%	18.48%	19.18%
Revenue as Reported	15,241	15,241	15,460	15,175	13,614	12,741

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