Thai Polycons PCL Income Statement

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

Millions THB. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	3,325	3,252	6,001	5,029	4,344
Revenue	3,325	3,252	6,001	5,029	4,344
Revenue Growth (YoY)	2.26%	-45.81%	19.34%	15.76%	9.30%
Cost of Revenue	2,703	2,418	5,220	4,540	3,906
Gross Profit	622.75	833.85	780.93	489.08	438.03
Selling, General & Admin	384.12	401.64	582.86	359.52	343.78
Other Operating Expenses	-98.37	-25.76	-34.68	-225.32	-16.67
Operating Expenses	280.7	371.98	592.72	194.16	353.55
Operating Income	342.05	461.88	188.21	294.92	84.48
Interest Expense	-314.48	-309.85	-337.11	-265.08	-185.72
Interest & Investment Income	83.78	65.78	38.08	29.04	5.97
Earnings From Equity Investments	-76.34	-39.04	-61.56	-18.65	-0.93
Other Non Operating Income (Expenses)	50.84	-	-	-	-
EBT Excluding Unusual Items	85.85	178.76	-172.37	40.23	-96.19
Impairment of Goodwill	-0.51	-	-	-	-
Gain (Loss) on Sale of Investments	-388.41	13.42	-	-	-
Gain (Loss) on Sale of Assets	-	-	291.71	-	-
Asset Writedown	-9.14	-	-	-	-
Pretax Income	-312.2	192.18	119.34	40.23	-96.19
Income Tax Expense	63.18	23.75	43.35	8.52	-12.21
Earnings From Continuing Operations	-375.38	168.43	75.99	31.71	-83.98
Net Income to Company	-375.38	168.43	75.99	31.71	-83.98
Minority Interest in Earnings	-18.96	-244.66	-317.91	-217.43	-230.96
Net Income	-394.35	-76.23	-241.93	-185.72	-314.94
Net Income to Common	-394.35	-76.23	-241.93	-185.72	-314.94
Shares Outstanding (Basic)	573	573	573	573	573
Shares Outstanding (Diluted)	573	573	573	573	573
EPS (Basic)	-0.69	-0.13	-0.42	-0.32	-0.55
EPS (Diluted)	-0.69	-0.13	-0.42	-0.32	-0.55
Free Cash Flow	787.48	403.66	218.21	-223.9	-196.41
Free Cash Flow Per Share	1.38	0.70	0.38	-0.39	-0.34
Gross Margin	18.73%	25.64%	13.01%	9.73%	10.08%
Operating Margin	10.29%	14.20%	3.14%	5.87%	1.94%
Profit Margin	-11.86%	-2.34%	-4.03%	-3.69%	-7.25%
Free Cash Flow Margin	23.68%	12.41%	3.64%	-4.45%	-4.52%
EBITDA	593.57	705.44	528.56	656.59	430.3
EBITDA Margin	17.85%	21.69%	8.81%	13.06%	9.90%
D&A For EBITDA	251.53	243.56	340.35	361.67	345.82
EBIT	342.05	461.88	188.21	294.92	84.48
EBIT Margin	10.29%	14.20%	3.14%	5.87%	1.94%
Effective Tax Rate	-	12.36%	36.32%	21.19%	-
Revenue as Reported	3,325	3,252	6,001	5,029	4,344

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