Thai Plaspac PCL (BKK:TPAC)

Thai Plaspac PCL Income Statement

Financials in millions THB. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Revenue	6,808	6,821	7,214	6,804	6,997	5,194
Other Revenue	68.41	69.43	85.09	89.23	77.08	58.57
Revenue	6,877	6,891	7,299	6,893	7,074	5,253
Revenue Growth (YoY)	-5.48%	-5.59%	5.88%	-2.56%	34.68%	30.23%
Cost of Revenue	5,149	5,165	5,593	5,344	5,841	4,190
Gross Profit	1,727	1,726	1,706	1,550	1,234	1,063
Selling, General & Admin	939.78	923.95	972.59	732.43	669.01	535.46
Operating Expenses	939.78	923.95	972.59	732.43	669.01	535.46
Operating Income	787.62	802.02	733.29	817.33	564.53	527.32
Interest Expense	-159.51	-167.23	-190.6	-171.93	-160.85	-137.16
Currency Exchange Gain (Loss)	-0.25	-26.08	-5.53	5.45	21.87	-3.16
Other Non Operating Income (Expenses)	0	0	-0	-0	-0	-
EBT Excluding Unusual Items	627.86	608.71	537.16	650.85	425.54	387
Pretax Income	627.86	608.71	537.16	650.85	425.54	387
Income Tax Expense	105.31	104.48	67.97	108.87	75.22	211.63
Earnings From Continuing Operations	522.55	504.22	469.19	541.98	350.33	175.37
Minority Interest in Earnings	-25	-27.21	-55.11	-51.77	-31.49	-22.43
Net Income	497.55	477.01	414.08	490.2	318.84	152.94
Net Income to Common	497.55	477.01	414.08	490.2	318.84	152.94
Net Income Growth	24.85%	15.20%	-15.53%	53.75%	108.48%	-52.50%
Shares Outstanding (Basic)	327	327	327	327	327	327
Shares Outstanding (Diluted)	327	327	327	327	327	327
Shares Change (YoY)	0.16%	-	-	-	-	-
EPS (Basic)	1.52	1.46	1.27	1.50	0.98	0.47
EPS (Diluted)	1.52	1.46	1.27	1.50	0.98	0.47
EPS Growth	24.65%	15.20%	-15.53%	53.75%	108.48%	-52.50%
Free Cash Flow	879.95	805.37	569.77	461.53	412.83	386.73
Free Cash Flow Per Share	2.69	2.47	1.75	1.41	1.26	1.18
Dividend Per Share	0.438	0.438	0.380	0.450	0.293	0.141
Dividend Growth	15.26%	15.26%	-15.56%	53.58%	107.80%	-51.71%
Gross Margin	25.12%	25.05%	23.37%	22.48%	17.44%	20.23%
Operating Margin	11.45%	11.64%	10.05%	11.86%	7.98%	10.04%
Profit Margin	7.23%	6.92%	5.67%	7.11%	4.51%	2.91%
Free Cash Flow Margin	12.80%	11.69%	7.81%	6.69%	5.84%	7.36%
EBITDA	1,279	1,303	1,251	1,288	1,027	937.93
EBITDA Margin	18.61%	18.91%	17.14%	18.69%	14.52%	17.86%
D&A For EBITDA	491.76	500.83	517.53	471.08	462.34	410.62
EBIT	787.62	802.02	733.29	817.33	564.53	527.32
EBIT Margin	11.45%	11.64%	10.05%	11.86%	7.98%	10.04%
Effective Tax Rate	16.77%	17.16%	12.65%	16.73%	17.68%	54.68%
Revenue as Reported	6,903	6,891	7,299	6,899	7,096	5,253

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