TPI Polene Power PCL (BKK:TPIPP)

TPI Polene Power 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	9,739	10,747	10,990	10,200	11,074	11,119
Revenue	9,739	10,747	10,990	10,200	11,074	11,119
Revenue Growth (YoY)	-8.38%	-2.21%	7.74%	-7.89%	-0.41%	5.18%
Selling, General & Admin	475.21	527	537.41	523.77	647.25	499.17
Other Operating Expenses	6,087	6,633	6,801	6,818	5,946	5,845
Total Operating Expenses	6,562	7,160	7,338	7,342	6,593	6,345
Operating Income	3,177	3,587	3,651	2,858	4,480	4,775
Interest Expense	-349.61	-254.36	-147.87	-86.37	-202.64	-277.1
Interest Income	106.39	141.55	120.59	52.33	43.85	42.86
Net Interest Expense	-243.22	-112.81	-27.28	-34.05	-158.8	-234.24
Income (Loss) on Equity Investments	5.36	4.64	3.26	-0.11	-	-
Currency Exchange Gain (Loss)	66.01	21.29	42.77	6.73	-15.03	-3.99
Other Non-Operating Income (Expenses)	-0.69	-0.69	-	-3.91	-5.15	-8.08
EBT Excluding Unusual Items	3,004	3,500	3,670	2,827	4,301	4,528
Insurance Settlements	-	-	-	-	-	99.59
Pretax Income	3,004	3,500	3,670	2,827	4,301	4,628
Income Tax Expense	159.44	197.36	16.95	14.05	110.13	122.18
Earnings From Continuing Ops.	2,845	3,302	3,653	2,813	4,191	4,506
Net Income to Company	2,845	3,302	3,653	2,813	4,191	4,506
Minority Interest in Earnings	-	-	-	-	-	-0
Net Income	2,845	3,302	3,653	2,813	4,191	4,506
Net Income to Common	2,845	3,302	3,653	2,813	4,191	4,506
Net Income Growth	-11.76%	-9.61%	29.88%	-32.89%	-6.98%	-2.19%
Shares Outstanding (Basic)	8,412	8,400	8,400	8,400	8,400	8,400
Shares Outstanding (Diluted)	8,412	8,400	8,400	8,400	8,400	8,400
Shares Change (YoY)	0.19%	-	-	-	-	-
EPS (Basic)	0.34	0.39	0.43	0.33	0.50	0.54
EPS (Diluted)	0.34	0.39	0.43	0.33	0.50	0.54
EPS Growth	-11.92%	-9.61%	29.88%	-32.89%	-6.98%	-2.19%
Free Cash Flow	-442.12	-2,570	-1,675	547.8	1,337	-1,248
Free Cash Flow Per Share	-0.05	-0.31	-0.20	0.07	0.16	-0.15
Dividend Per Share	0.070	0.160	0.240	0.240	0.250	0.270
Dividend Growth	-66.67%	-33.33%	-	-4.00%	-7.41%	-32.50%
Profit Margin	29.21%	30.73%	33.24%	27.58%	37.85%	40.52%
Free Cash Flow Margin	-4.54%	-23.92%	-15.24%	5.37%	12.07%	-11.22%
EBITDA	4,178	4,580	4,628	3,814	5,360	5,616
EBITDA Margin	42.91%	42.62%	42.11%	37.40%	48.40%	50.50%
D&A For EBITDA	1,002	992.95	976.22	956.3	879.79	840.93
EBIT	3,177	3,587	3,651	2,858	4,480	4,775
EBIT Margin	32.62%	33.38%	33.23%	28.02%	40.46%	42.94%
Effective Tax Rate	5.31%	5.64%	0.46%	0.50%	2.56%	2.64%
Revenue as Reported	9,739	10,747	10,990	10,200	11,074	11,119

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