TRC Construction 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	1,027	1,325	2,141	3,343	3,845
Other Revenue	49.7	41.86	51.5	28.52	42.42
Revenue	1,077	1,367	2,193	3,372	3,888
Revenue Growth (YoY)	-21.21%	-37.67%	-34.97%	-13.27%	13.63%
Cost of Revenue	1,041	1,647	2,262	3,121	3,644
Gross Profit	35.83	-280.68	-69.41	251.08	243.62
Selling, General & Admin	212.72	239.25	258.03	258.32	260.21
Operating Expenses	250.25	332.07	258.16	258.32	260.21
Operating Income	-214.42	-612.75	-327.57	-7.24	-16.6
Interest Expense	-73.48	-70.47	-68.13	-42.55	-35.06
Interest & Investment Income	0.35	0.79	1.12	1.21	0.49
Earnings From Equity Investments	7.39	-1.25	-133.3	-21.04	2.56
EBT Excluding Unusual Items	-280.16	-683.68	-527.88	-69.62	-48.61
Gain (Loss) on Sale of Assets	-	-	-	-36.85	-
Pretax Income	-280.16	-683.68	-527.88	-106.46	-48.61
Income Tax Expense	0.25	-0.63	12.44	6.09	10.69
Earnings From Continuing Operations	-280.41	-683.04	-540.32	-112.55	-59.3
Minority Interest in Earnings	-	-	-	0.59	1.91
Net Income	-280.41	-683.04	-540.32	-111.96	-57.39
Net Income to Common	-280.41	-683.04	-540.32	-111.96	-57.39
Shares Outstanding (Basic)	1,266	982	799	799	799
Shares Outstanding (Diluted)	1,266	982	799	799	799
Shares Change (YoY)	28.90%	22.89%	-	-	-
EPS (Basic)	-0.22	-0.70	-0.68	-0.14	-0.07
EPS (Diluted)	-0.22	-0.70	-0.68	-0.14	-0.07
Free Cash Flow	131.73	-368.89	45.39	-176.17	-44.55
Free Cash Flow Per Share	0.10	-0.38	0.06	-0.22	-0.06
Gross Margin	3.33%	-20.54%	-3.16%	7.45%	6.27%
Operating Margin	-19.91%	-44.84%	-14.94%	-0.21%	-0.43%
Profit Margin	-26.04%	-49.98%	-24.64%	-3.32%	-1.48%
Free Cash Flow Margin	12.23%	-26.99%	2.07%	-5.22%	-1.15%
EBITDA	-172.07	-566	-272.21	48.58	37.78
EBITDA Margin	-15.98%	-41.42%	-12.41%	1.44%	0.97%
D&A For EBITDA	42.35	46.75	55.36	55.82	54.38
EBIT	-214.42	-612.75	-327.57	-7.24	-16.6
EBIT Margin	-19.91%	-44.84%	-14.94%	-0.21%	-0.43%
Revenue as Reported	1,077	1,367	2,194	3,373	3,888

Source: S&P Global Market Intelligence. Standard template. Financial Sources.