Thai Rung Union Car 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
Revenue	1,826	2,272	2,411	2,884	1,979
Revenue Growth (YoY)	-19.66%	-5.75%	-16.41%	45.72%	29.35%
Cost of Revenue	1,590	1,945	2,096	2,231	1,675
Gross Profit	235.47	327.11	315.24	653.57	304.47
Selling, General & Admin	229.39	273.22	261.83	298.82	255.73
Other Operating Expenses	-194.51	-147.32	-111.4	-76.99	-36.31
Operating Expenses	34.88	125.89	150.43	221.83	219.42
Operating Income	200.58	201.22	164.81	431.73	85.06
Interest Expense	-0.34	-0.49	-0.64	-0.13	-0.29
Interest & Investment Income	5.18	10.53	14.86	4.34	3.06
Earnings From Equity Investments	47.13	52.97	32.97	62.73	20.67
EBT Excluding Unusual Items	252.55	264.22	212.01	498.67	108.5
Gain (Loss) on Sale of Investments	45.09	9.46	-5.4	-9.88	-0.93
Gain (Loss) on Sale of Assets	5.51	137.93	9.28	-	-
Pretax Income	303.16	411.61	215.88	488.79	107.57
Income Tax Expense	26.32	31.06	31.48	90.95	27.85
Earnings From Continuing Operations	276.84	380.55	184.4	397.84	79.72
Minority Interest in Earnings	-1.72	-0.38	-1.17	-3.75	-1.29
Net Income	275.12	380.17	183.23	394.1	78.43
Net Income to Common	275.12	380.17	183.23	394.1	78.43
Net Income Growth	-27.63%	107.49%	-53.51%	402.48%	-
Shares Outstanding (Basic)	673	672	667	658	652
Shares Outstanding (Diluted)	674	673	667	666	660
Shares Change (YoY)	0.22%	0.76%	0.26%	0.90%	1.52%
EPS (Basic)	0.41	0.57	0.27	0.60	0.12
EPS (Diluted)	0.41	0.57	0.27	0.59	0.12
EPS Growth	-27.77%	109.50%	-54.31%	399.92%	-
Free Cash Flow	190.61	313.58	255.02	369.14	229.09
Free Cash Flow Per Share	0.28	0.47	0.38	0.55	0.35
Dividend Per Share	-	0.300	0.200	0.318	0.091
Dividend Growth	-	50.00%	-37.15%	250.06%	66.79%
Gross Margin	12.90%	14.40%	13.08%	22.66%	15.38%
Operating Margin	10.99%	8.86%	6.84%	14.97%	4.30%
Profit Margin	15.07%	16.73%	7.60%	13.66%	3.96%
Free Cash Flow Margin	10.44%	13.80%	10.58%	12.80%	11.58%
EBITDA	300.11	308.01	291.87	555.41	209.25
EBITDA Margin	16.44%	13.55%	12.11%	19.26%	10.57%
D&A For EBITDA	99.53	106.79	127.06	123.68	124.19
EBIT	200.58	201.22	164.81	431.73	85.06
EBIT Margin	10.99%	8.86%	6.84%	14.97%	4.30%
Effective Tax Rate	8.68%	7.55%	14.58%	18.61%	25.89%
Revenue as Reported	1,826	2,272	2,411	2,884	1,979

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