TPC Power Holding PCL (BKK:TPCH)

TPC Power Holding 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	2,235	2,365	2,851	2,648	2,470	1,777
Revenue	2,235	2,365	2,851	2,648	2,470	1,777
Revenue Growth (YoY)	-7.26%	-17.05%	7.69%	7.18%	38.99%	8.24%
Selling, General & Admin	187.37	177.38	369.17	140.86	132.95	121.95
Provision for Bad Debts	8	8	4.37	-	-	-
Other Operating Expenses	1,624	1,617	1,996	1,981	1,884	1,158
Total Operating Expenses	1,819	1,803	2,370	2,122	2,017	1,280
Operating Income	415.96	562.63	481.57	525.35	453.08	497.76
Interest Expense	-198.03	-196.55	-238.48	-199.82	-162.25	-87.7
Interest Income	84.28	67.56	28.66	18.6	5.55	10.33
Net Interest Expense	-113.75	-128.99	-209.82	-181.22	-156.71	-77.38
Income (Loss) on Equity Investments	-94.09	-51.82	-42.63	-37.82	1.47	5.83
EBT Excluding Unusual Items	208.12	381.83	229.12	306.31	297.84	426.22
Gain (Loss) on Sale of Assets	-	-	215.36	-	-	-
Asset Writedown	-349.18	-23.4	-	-	-	-
Pretax Income	-141.81	358.43	444.48	306.31	297.84	426.22
Income Tax Expense	22.64	12.53	10.75	13.61	10.72	0.74
Earnings From Continuing Ops.	-164.45	345.9	433.73	292.7	287.12	425.48
Minority Interest in Earnings	-84.49	-111.59	-152.36	-119.56	-151.71	-174.53
Net Income	-248.94	234.3	281.38	173.13	135.4	250.95
Net Income to Common	-248.94	234.3	281.38	173.13	135.4	250.95
Net Income Growth	-	-16.73%	62.52%	27.86%	-46.04%	-30.20%
Shares Outstanding (Basic)	401	401	401	401	401	401
Shares Outstanding (Diluted)	401	401	401	401	401	401
EPS (Basic)	-0.62	0.58	0.70	0.43	0.34	0.63
EPS (Diluted)	-0.62	0.58	0.70	0.43	0.34	0.63
EPS Growth	-	-16.73%	62.52%	27.86%	-46.04%	-30.20%
Free Cash Flow	428.02	460.48	572.21	448.69	-128.1	-80.9
Free Cash Flow Per Share	1.07	1.15	1.43	1.12	-0.32	-0.20
Dividend Per Share	0.037	0.395	0.400	0.183	0.396	0.198
Dividend Growth	-95.12%	-1.25%	118.58%	-53.79%	100.00%	-4.35%
Profit Margin	-11.14%	9.91%	9.87%	6.54%	5.48%	14.12%
Free Cash Flow Margin	19.15%	19.47%	20.07%	16.95%	-5.18%	-4.55%
EBITDA	674.65	815.36	830.29	879.21	796.85	711.42
EBITDA Margin	30.19%	34.47%	29.12%	33.21%	32.26%	40.03%
D&A For EBITDA	258.69	252.73	348.71	353.86	343.78	213.66
EBIT	415.96	562.63	481.57	525.35	453.08	497.76
EBIT Margin	18.61%	23.79%	16.89%	19.84%	18.34%	28.01%
Effective Tax Rate	-	3.50%	2.42%	4.44%	3.60%	0.17%
Revenue as Reported	2,235	2,365	2,851	2,648	2,470	1,777

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