TPI Polene Power Public Company Limited (BKK: TPIPP)

TPIPP 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	10,375	10,990	10,200	11,074	11,119	10,571
Revenue	10,375	10,990	10,200	11,074	11,119	10,571
Revenue Growth (YoY)	-3.27%	7.74%	-7.89%	-0.41%	5.19%	38.73%
Selling, General & Admin	511.23	537.41	523.77	647.25	499.17	507.83
Other Operating Expenses	6,476	6,801	6,818	5,946	5,845	5,408
Total Operating Expenses	6,987	7,338	7,342	6,593	6,345	5,916
Operating Income	3,387	3,651	2,858	4,480	4,775	4,655
Interest Expense	-229.58	-147.87	-86.37	-202.64	-277.1	-151.1
Interest Income	135.41	120.59	52.33	43.85	42.86	78.69
Net Interest Expense	-94.17	-27.28	-34.05	-158.8	-234.24	-72.41
Income (Loss) on Equity Investments	4.77	3.26	-0.11	-	-	-
Currency Exchange Gain (Loss)	-44.8	42.77	6.73	-15.03	-3.99	91.64
Other Non-Operating Income (Expenses)	-	-	-3.91	-5.15	-8.08	-8.37
EBT Excluding Unusual Items	3,253	3,670	2,827	4,301	4,528	4,666
Insurance Settlements	-	-	-	-	99.59	43.05
Pretax Income	3,253	3,670	2,827	4,301	4,628	4,709
Income Tax Expense	24.27	16.95	14.05	110.13	122.18	101.98
Earnings From Continuing Ops.	3,229	3,653	2,813	4,191	4,506	4,607
Net Income to Company	3,229	3,653	2,813	4,191	4,506	4,607
Minority Interest in Earnings	-	-	-	-	-0	-
Net Income	3,229	3,653	2,813	4,191	4,506	4,607
Net Income to Common	3,229	3,653	2,813	4,191	4,506	4,607
Net Income Growth	4.70%	29.88%	-32.89%	-6.98%	-2.19%	24.54%
Shares Outstanding (Basic)	8,411	8,400	8,400	8,400	8,400	8,400
Shares Outstanding (Diluted)	8,411	8,400	8,400	8,400	8,400	8,400
Shares Change (YoY)	0.06%	-	-	-	-	-
EPS (Basic)	0.38	0.43	0.33	0.50	0.54	0.55
EPS (Diluted)	0.38	0.43	0.33	0.50	0.54	0.55
EPS Growth	4.64%	29.88%	-32.89%	-6.98%	-2.19%	24.54%
Free Cash Flow	-1,367	-1,675	547.8	1,337	-1,248	-2,310
Free Cash Flow Per Share	-0.16	-0.20	0.07	0.16	-0.15	-0.28
Dividend Per Share	0.210	0.240	0.240	0.250	0.270	0.400
Dividend Growth	-12.50%	0%	-4.00%	-7.41%	-32.50%	0%
Profit Margin	31.12%	33.24%	27.58%	37.85%	40.52%	43.58%
Free Cash Flow Margin	-13.18%	-15.24%	5.37%	12.07%	-11.22%	-21.85%
EBITDA	4,392	4,628	3,814	5,360	5,616	5,462
EBITDA Margin	42.33%	42.11%	37.40%	48.40%	50.50%	51.67%
D&A For EBITDA	1,004	976.22	956.3	879.79	840.93	806.87
EBIT	3,387	3,651	2,858	4,480	4,775	4,655
EBIT Margin	32.65%	33.22%	28.02%	40.46%	42.94%	44.03%
Effective Tax Rate	0.75%	0.46%	0.50%	2.56%	2.64%	2.17%
Revenue as Reported	10,375	10,990	10,200	11,074	11,119	10,571

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