TPC Power Holding PCL (BKK:TPCH)

TPC Power Holding PCL Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Revenue	2,239	2,365	2,851	2,648	2,470
Revenue	2,239	2,365	2,851	2,648	2,470
Revenue Growth (YoY)	-5.34%	-17.05%	7.69%	7.18%	38.99%
Selling, General & Admin	187.39	177.38	369.17	140.86	132.95
Provision for Bad Debts	1.79	8	4.37	-	-
Other Operating Expenses	1,550	1,617	1,996	1,981	1,884
Total Operating Expenses	1,739	1,803	2,370	2,122	2,017
Operating Income	499.99	562.63	481.57	525.35	453.08
Interest Expense	-190.53	-196.55	-238.48	-199.82	-162.25
Interest Income	-	67.56	28.66	18.6	5.55
Net Interest Expense	-190.53	-128.99	-209.82	-181.22	-156.71
Income (Loss) on Equity Investments	-90.28	-51.82	-42.63	-37.82	1.47
Other Non-Operating Income (Expenses)	90.05	-	-	-	-
EBT Excluding Unusual Items	309.23	381.83	229.12	306.31	297.84
Gain (Loss) on Sale of Investments	-358.44	-	-	-	-
Gain (Loss) on Sale of Assets	-	-	215.36	-	-
Asset Writedown	-	-23.4	-	-	-
Pretax Income	-49.22	358.43	444.48	306.31	297.84
Income Tax Expense	29.77	12.53	10.75	13.61	10.72
Earnings From Continuing Ops.	-78.99	345.9	433.73	292.7	287.12
Minority Interest in Earnings	-113.25	-111.59	-152.36	-119.56	-151.71
Net Income	-192.23	234.3	281.38	173.13	135.4
Net Income to Common	-192.23	234.3	281.38	173.13	135.4
Net Income Growth	-	-16.73%	62.52%	27.86%	-46.04%
Shares Outstanding (Basic)	401	401	401	401	401
Shares Outstanding (Diluted)	401	401	401	401	401
EPS (Basic)	-0.48	0.58	0.70	0.43	0.34
EPS (Diluted)	-0.48	0.58	0.70	0.43	0.34
EPS Growth	-	-16.73%	62.52%	27.86%	-46.04%
Free Cash Flow	612.29	460.48	572.21	448.69	-128.1
Free Cash Flow Per Share	1.53	1.15	1.43	1.12	-0.32
Dividend Per Share	-	0.395	0.400	0.183	0.396
Dividend Growth	-	-1.25%	118.58%	-53.79%	100.00%
Profit Margin	-8.59%	9.91%	9.87%	6.54%	5.48%
Free Cash Flow Margin	27.35%	19.47%	20.07%	16.95%	-5.18%
EBITDA	764.06	815.36	830.29	879.21	796.85
EBITDA Margin	34.13%	34.47%	29.12%	33.21%	32.26%
D&A For EBITDA	264.07	252.73	348.71	353.86	343.78
EBIT	499.99	562.63	481.57	525.35	453.08
EBIT Margin	22.33%	23.79%	16.89%	19.84%	18.34%
Effective Tax Rate	-	3.50%	2.42%	4.44%	3.60%
Revenue as Reported	2,239	2,365	2,851	2,648	2,470

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.