TSTE PCL (BKK:TSTE)

TSTE PCL Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	2,590	2,612	2,611	2,694	2,585	2,029
Revenue Growth (YoY)	-1.82%	0.03%	-3.08%	4.23%	27.41%	-10.31%
Cost of Revenue	2,039	2,075	2,174	2,197	2,063	1,561
Gross Profit	551.79	537.68	437.27	496.98	521.73	467.43
Selling, General & Admin	340.85	328.37	306.31	286.32	285.71	252.96
Other Operating Expenses	-19.95	-28.48	-45.96	-16.45	-33.25	-14.24
Operating Expenses	320.9	299.89	260.35	269.86	252.46	238.72
Operating Income	230.89	237.79	176.92	227.11	269.27	228.71
Interest Expense	-40.49	-43.16	-50.47	-40.65	-18.11	-9.7
Earnings From Equity Investments	-2.55	-2.76	-4.51	-12.2	-1.57	-
Other Non Operating Income (Expenses)	17.09	-9.58	4.53	8.59	-14.37	7.49
Pretax Income	204.94	182.3	126.47	182.85	235.22	226.49
Income Tax Expense	34.08	26.95	18.22	37.05	54.77	51.89
Earnings From Continuing Operations	170.87	155.35	108.25	145.8	180.44	174.6
Minority Interest in Earnings	-20.16	-13.96	-5.87	-18.42	-25.31	-25.42
Net Income	150.7	141.39	102.38	127.37	155.14	149.18
Net Income to Common	150.7	141.39	102.38	127.37	155.14	149.18
Net Income Growth	16.77%	38.10%	-19.62%	-17.89%	3.99%	12.40%
Shares Outstanding (Basic)	383	383	383	383	383	383
Shares Outstanding (Diluted)	383	383	383	383	383	383
EPS (Basic)	0.39	0.37	0.27	0.33	0.40	0.39
EPS (Diluted)	0.39	0.37	0.27	0.33	0.40	0.39
EPS Growth	16.77%	38.10%	-19.62%	-17.89%	3.99%	12.40%
Free Cash Flow	240.86	490.88	122.17	-78.81	332.36	-138.26
Free Cash Flow Per Share	0.63	1.28	0.32	-0.21	0.87	-0.36
Dividend Per Share	0.160	0.160	0.100	0.120	0.200	0.200
Dividend Growth	60.00%	60.00%	-16.67%	-40.00%	-	14.29%
Gross Margin	21.30%	20.58%	16.74%	18.45%	20.18%	23.04%
Operating Margin	8.91%	9.10%	6.78%	8.43%	10.42%	11.27%
Profit Margin	5.82%	5.41%	3.92%	4.73%	6.00%	7.35%
Free Cash Flow Margin	9.30%	18.79%	4.68%	-2.93%	12.86%	-6.82%
EBITDA	372.5	377.49	310.3	351.34	387.93	343.69
EBITDA Margin	14.38%	14.45%	11.88%	13.04%	15.01%	16.94%
D&A For EBITDA	141.61	139.7	133.37	124.23	118.65	114.98
EBIT	230.89	237.79	176.92	227.11	269.27	228.71
EBIT Margin	8.91%	9.10%	6.78%	8.43%	10.42%	11.27%
Effective Tax Rate	16.63%	14.78%	14.41%	20.26%	23.29%	22.91%
Revenue as Reported	2,590	2,612	2,611	2,694	2,585	2,029

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