TTW PCL Income Statement

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

Millions THB. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	5,255	5,238	5,098	5,827	5,691	5,806
Other Revenue	17.03	16.25	14.56	21.75	9.71	11.68
Revenue	5,272	5,255	5,112	5,848	5,701	5,818
Revenue Growth (YoY)	2.56%	2.78%	-12.58%	2.58%	-2.00%	-6.06%
Selling, General & Admin	301.19	301.43	302.12	318.21	289.29	255.3
Amortization of Goodwill & Intangibles	-	-	-	153.29	245.57	246.33
Other Operating Expenses	1,657	1,622	1,639	2,064	1,975	1,845
Total Operating Expenses	1,958	1,923	1,941	2,535	2,509	2,346
Operating Income	3,314	3,332	3,172	3,313	3,192	3,471
Interest Expense	-123.68	-117.33	-131.14	-146.78	-168.73	-249.49
Interest Income	28.35	28.35	39.75	10.49	3.66	4.63
Net Interest Expense	-95.32	-88.98	-91.4	-136.3	-165.07	-244.85
Income (Loss) on Equity Investments	722.16	694.9	335.87	365.24	608.57	544.32
EBT Excluding Unusual Items	3,935	3,938	3,416	3,542	3,635	3,771
Pretax Income	3,935	3,938	3,416	3,542	3,635	3,771
Income Tax Expense	655.29	662.38	616.37	595.81	656.54	650.96
Earnings From Continuing Ops.	3,279	3,275	2,800	2,946	2,979	3,120
Minority Interest in Earnings	-9.07	-9.04	-8.74	-13.97	-11.73	-16.06
Net Income	3,270	3,266	2,791	2,932	2,967	3,104
Net Income to Common	3,270	3,266	2,791	2,932	2,967	3,104
Net Income Growth	10.62%	17.03%	-4.82%	-1.17%	-4.41%	5.17%
Shares Outstanding (Basic)	3,990	3,990	3,990	3,990	3,990	3,990
Shares Outstanding (Diluted)	3,990	3,990	3,990	3,990	3,990	3,990
EPS (Basic)	0.82	0.82	0.70	0.73	0.74	0.78
EPS (Diluted)	0.82	0.82	0.70	0.73	0.74	0.78
EPS Growth	10.62%	17.03%	-4.82%	-1.17%	-4.41%	5.17%
Free Cash Flow	3,089	2,881	2,635	3,551	3,508	3,412
Free Cash Flow Per Share	0.77	0.72	0.66	0.89	0.88	0.85
Dividend Per Share	0.600	0.600	0.600	0.600	0.600	0.600
Profit Margin	62.03%	62.16%	54.59%	50.14%	52.04%	53.35%
Free Cash Flow Margin	58.59%	54.83%	51.53%	60.71%	61.53%	58.64%
EBITDA	3,996	3,979	3,802	4,486	4,512	4,687
EBITDA Margin	75.80%	75.72%	74.36%	76.70%	79.14%	80.57%
D&A For EBITDA	682.24	647.25	630.03	1,173	1,320	1,216
EBIT	3,314	3,332	3,172	3,313	3,192	3,471
EBIT Margin	62.86%	63.40%	62.04%	56.65%	55.98%	59.67%
Effective Tax Rate	16.65%	16.82%	18.04%	16.82%	18.06%	17.26%
Revenue as Reported	5,272	5,255	5,112	5,848	5,701	5,818

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