TPI Polene Public Company Limited (BKK: TPIPL)

TPI Polene Public Company Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	37,910	42,807	48,133	38,920	34,276	37,041
Revenue	37,910	42,807	48,133	38,920	34,276	37,041
Revenue Growth (YoY)	-17.43%	-11.06%	23.67%	13.55%	-7.46%	0.75%
Cost of Revenue	28,920	32,900	35,326	26,447	24,993	28,486
Gross Profit	8,991	9,908	12,807	12,472	9,283	8,555
Selling, General & Admin	4,935	5,416	5,713	5,338	4,856	6,062
Other Operating Expenses	-1,494	-1,693	-2,322	-1,908	-1,852	-1,717
Operating Expenses	3,441	3,724	3,391	3,430	4,606	4,345
Operating Income	5,549	6,184	9,416	9,042	4,676	4,210
Interest Expense	-2,338	-2,076	-1,930	-2,056	-2,006	-1,950
Interest & Investment Income	524.15	374.38	70.89	60.42	59.15	106.13
Earnings From Equity Investments	32	26.98	21.28	24.7	56.32	-18.7
Currency Exchange Gain (Loss)	329.55	88.28	437.17	390.71	-11.94	404.78
Other Non Operating Income (Expenses)	-0.17	-0.17	-4.13	-5.4	-8.41	-8.79
EBT Excluding Unusual Items	4,096	4,598	8,011	7,457	2,765	2,743
Pretax Income	4,096	4,598	8,011	7,457	2,765	2,743
Income Tax Expense	385.74	292.41	165.83	539.28	-74.33	-21.53
Earnings From Continuing Operations	3,711	4,305	7,845	6,918	2,839	2,765
Minority Interest in Earnings	-961.03	-1,087	-837.17	-1,247	-1,341	-1,371
Net Income	2,750	3,218	7,008	5,671	1,498	1,394
Net Income to Common	2,750	3,218	7,008	5,671	1,498	1,394
Net Income Growth	-40.20%	-54.08%	23.58%	278.50%	7.51%	330.39%
Shares Outstanding (Basic)	18,970	18,935	18,944	19,102	18,903	19,182
Shares Outstanding (Diluted)	18,970	18,935	18,944	19,102	18,903	19,182
Shares Change (YoY)	0.21%	-0.04%	-0.83%	1.05%	-1.45%	-3.92%
EPS (Basic)	0.14	0.17	0.37	0.30	0.08	0.07
EPS (Diluted)	0.14	0.17	0.37	0.30	0.08	0.07
EPS Growth	-40.33%	-54.06%	24.61%	274.56%	9.09%	347.95%
Free Cash Flow	-1,872	723.31	2,308	872.73	739.38	-2,134
Free Cash Flow Per Share	-0.10	0.04	0.12	0.05	0.04	-0.11
Dividend Per Share	0.070	0.100	0.100	0.090	0.060	0.060
Dividend Growth	-30.00%	0%	11.11%	50.00%	0%	200.00%
Gross Margin	23.72%	23.14%	26.61%	32.05%	27.08%	23.10%
Operating Margin	14.64%	14.45%	19.56%	23.23%	13.64%	11.37%
Profit Margin	7.25%	7.52%	14.56%	14.57%	4.37%	3.76%
Free Cash Flow Margin	-4.94%	1.69%	4.80%	2.24%	2.16%	-5.76%
EBITDA	8,729	9,297	12,506	11,932	9,247	7,389
EBITDA Margin	23.02%	21.72%	25.98%	30.66%	26.98%	19.95%
D&A For EBITDA	3,179	3,113	3,090	2,890	4,571	3,180
EBIT	5,549	6,184	9,416	9,042	4,676	4,210
EBIT Margin	14.64%	14.45%	19.56%	23.23%	13.64%	11.37%
Effective Tax Rate	9.42%	6.36%	2.07%	7.23%	-	-

Source: S&P Capital IQ. Standard template. Financial Sources.