Thai Vegetable Oil PCL (BKK: TVO)

Thai Vegetable Oil PCL Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	30,810	34,195	39,107	31,307	24,963	23,587
Other Revenue	136.68	-	-	-	-	131.49
Revenue	30,947	34,195	39,107	31,307	24,963	23,719
Revenue Growth (YoY)	-14.07%	-12.56%	24.91%	25.42%	5.24%	-5.04%
Cost of Revenue	28,179	32,765	36,226	28,366	22,117	21,229
Gross Profit	2,769	1,430	2,882	2,942	2,845	2,490
Selling, General & Admin	846.79	817.55	894.4	795.77	798.48	761.06
Other Operating Expenses	-	-	-	-	10.16	-
Operating Expenses	833.18	800.22	888.92	804.77	808.64	761.06
Operating Income	1,935	629.35	1,993	2,137	2,037	1,729
Interest Expense	-13.14	-19.72	-5.81	-4.19	-3.42	-3.12
Interest & Investment Income	2.7	45.54	50.19	24.16	18.07	25.09
Currency Exchange Gain (Loss)	107.56	-24.72	40.72	168.81	17	56.05
Other Non Operating Income (Expenses)	7.22	299.01	123.9	299.62	67.06	-
EBT Excluding Unusual Items	2,040	929.45	2,202	2,625	2,135	1,807
Asset Writedown	2.48	-0.77	-167.07	-	-	-
Pretax Income	2,042	928.69	2,035	2,625	2,135	1,807
Income Tax Expense	386.87	179.44	402.7	520.01	412.7	351.8
Earnings From Continuing Operations	1,655	749.25	1,632	2,105	1,723	1,455
Minority Interest in Earnings	-44.13	-19.69	-27.69	-37.65	-66.96	-44.9
Net Income	1,611	729.56	1,604	2,068	1,656	1,411
Net Income to Common	1,611	729.56	1,604	2,068	1,656	1,411
Net Income Growth	-	-54.52%	-22.41%	24.87%	17.39%	-24.47%
Shares Outstanding (Basic)	888	889	889	889	889	889
Shares Outstanding (Diluted)	888	889	889	889	889	889
Shares Change (YoY)	-0.18%	-	0.00%	-0.00%	-	-
EPS (Basic)	1.81	0.82	1.80	2.32	1.86	1.59
EPS (Diluted)	1.81	0.82	1.80	2.32	1.86	1.59
EPS Growth	-	-54.52%	-22.41%	24.87%	17.39%	-24.47%
Free Cash Flow	482.27	292.53	1,993	474.1	1,862	716.92
Free Cash Flow Per Share	0.54	0.33	2.24	0.53	2.09	0.81
Dividend Per Share	0.650	0.810	1.050	2.000	1.546	1.318
Dividend Growth	-36.78%	-22.86%	-47.50%	29.41%	17.24%	-23.68%
Gross Margin	8.95%	4.18%	7.37%	9.40%	11.40%	10.50%
Operating Margin	6.25%	1.84%	5.10%	6.83%	8.16%	7.29%
Profit Margin	5.21%	2.13%	4.10%	6.60%	6.63%	5.95%
Free Cash Flow Margin	1.56%	0.86%	5.10%	1.51%	7.46%	3.02%
EBITDA	2,226	913.71	2,305	2,467	2,383	2,094
EBITDA Margin	7.19%	2.67%	5.89%	7.88%	9.55%	8.83%
D&A For EBITDA	290.98	284.36	311.93	330.21	346.1	364.67
EBIT	1,935	629.35	1,993	2,137	2,037	1,729
EBIT Margin	6.25%	1.84%	5.10%	6.83%	8.16%	7.29%
Effective Tax Rate	18.94%	19.32%	19.79%	19.81%	19.33%	19.47%
Revenue as Reported	30,967	34,536	39,321	31,799	25,062	23,797
Advertising Expenses	-	18.92	38.29	33.68	61.88	43.39

Source: S&P Capital IQ. Standard template. Financial Sources.