Thai Plaspac PCL (BKK:TPAC)

Thai Plaspac 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	6,892	7,214	6,804	6,997	5,194	3,983
Other Revenue	72.2	85.09	89.23	77.08	58.57	50.68
Revenue	6,964	7,299	6,893	7,074	5,253	4,033
Revenue Growth (YoY)	-4.40%	5.88%	-2.56%	34.68%	30.23%	6.21%
Cost of Revenue	5,288	5,593	5,344	5,841	4,190	3,025
Gross Profit	1,676	1,706	1,550	1,234	1,063	1,008
Selling, General & Admin	958	972.59	732.43	669.01	535.46	472.82
Operating Expenses	958	972.59	732.43	669.01	535.46	472.82
Operating Income	717.56	733.29	817.33	564.53	527.32	535.29
Interest Expense	-176.86	-190.6	-171.93	-160.85	-137.16	-105.34
Currency Exchange Gain (Loss)	-21.23	-5.53	5.45	21.87	-3.16	6.2
Other Non Operating Income (Expenses)	-0	-0	-0	-0	-	-
EBT Excluding Unusual Items	519.46	537.16	650.85	425.54	387	436.15
Pretax Income	519.46	537.16	650.85	425.54	387	436.15
Income Tax Expense	88.06	67.97	108.87	75.22	211.63	82.86
Earnings From Continuing Operations	431.41	469.19	541.98	350.33	175.37	353.29
Minority Interest in Earnings	-31.08	-55.11	-51.77	-31.49	-22.43	-31.31
Net Income	400.33	414.08	490.2	318.84	152.94	321.98
Net Income to Common	400.33	414.08	490.2	318.84	152.94	321.98
Net Income Growth	-8.60%	-15.53%	53.75%	108.48%	-52.50%	131.90%
Shares Outstanding (Basic)	326	327	327	327	327	327
Shares Outstanding (Diluted)	326	327	327	327	327	327
Shares Change (YoY)	-0.45%	-	-	-	-	25.31%
EPS (Basic)	1.23	1.27	1.50	0.98	0.47	0.99
EPS (Diluted)	1.23	1.27	1.50	0.98	0.47	0.99
EPS Growth	-8.18%	-15.53%	53.75%	108.48%	-52.50%	85.06%
Free Cash Flow	787.77	569.77	461.53	412.83	386.73	449.02
Free Cash Flow Per Share	2.42	1.75	1.41	1.26	1.18	1.38
Dividend Per Share	0.380	0.380	0.450	0.293	0.141	0.292
Dividend Growth	-15.56%	-15.56%	53.58%	107.80%	-51.71%	133.60%
Gross Margin	24.06%	23.37%	22.48%	17.44%	20.23%	24.99%
Operating Margin	10.30%	10.05%	11.86%	7.98%	10.04%	13.27%
Profit Margin	5.75%	5.67%	7.11%	4.51%	2.91%	7.98%
Free Cash Flow Margin	11.31%	7.81%	6.69%	5.84%	7.36%	11.13%
EBITDA	1,221	1,251	1,288	1,027	937.93	845.23
EBITDA Margin	17.54%	17.14%	18.69%	14.52%	17.86%	20.96%
D&A For EBITDA	503.55	517.53	471.08	462.34	410.62	309.94
EBIT	717.56	733.29	817.33	564.53	527.32	535.29
EBIT Margin	10.30%	10.05%	11.86%	7.98%	10.04%	13.27%
Effective Tax Rate	16.95%	12.65%	16.73%	17.68%	54.68%	19.00%
Revenue as Reported	6,964	7,299	6,899	7,096	5,253	4,040

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.