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 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	29,739	30,596	34,195	39,107	31,307	24,963
Other Revenue	-95.34	-	-	-	-	-
Revenue	29,644	30,596	34,195	39,107	31,307	24,963
Revenue Growth (YoY)	-8.99%	-10.52%	-12.56%	24.91%	25.42%	5.24%
Cost of Revenue	26,081	27,323	32,765	36,226	28,366	22,117
Gross Profit	3,563	3,273	1,430	2,882	2,942	2,845
Selling, General & Admin	898.03	868.47	818.32	894.4	795.77	798.48
Other Operating Expenses	-	-	-	-	-	10.16
Operating Expenses	883.3	859.53	800.99	888.92	804.77	808.64
Operating Income	2,679	2,414	628.58	1,993	2,137	2,037
Interest Expense	-10.38	-11.48	-19.72	-5.81	-4.19	-3.42
Interest & Investment Income	88.2	88.2	45.54	50.19	24.16	18.07
Currency Exchange Gain (Loss)	31.25	1.35	-24.72	40.72	168.81	17
Other Non Operating Income (Expenses)	162.53	162.47	299.01	123.9	299.62	67.06
EBT Excluding Unusual Items	2,951	2,654	928.69	2,202	2,625	2,135
Asset Writedown	-	-	-	-167.07	-	-
Pretax Income	2,951	2,654	928.69	2,035	2,625	2,135
Income Tax Expense	569.23	503.04	179.44	402.7	520.01	412.7
Earnings From Continuing Operations	2,382	2,151	749.25	1,632	2,105	1,723
Minority Interest in Earnings	-53.39	-48.1	-19.69	-27.69	-37.65	-66.96
Net Income	2,328	2,103	729.56	1,604	2,068	1,656
Net Income to Common	2,328	2,103	729.56	1,604	2,068	1,656
Net Income Growth	155.90%	188.27%	-54.52%	-22.41%	24.87%	17.39%
Shares Outstanding (Basic)	891	889	889	889	889	889
Shares Outstanding (Diluted)	891	889	889	889	889	889
Shares Change (YoY)	0.45%	-	-	-	-	-
EPS (Basic)	2.61	2.36	0.82	1.80	2.32	1.86
EPS (Diluted)	2.61	2.36	0.82	1.80	2.32	1.86
EPS Growth	154.74%	188.27%	-54.52%	-22.41%	24.87%	17.39%
Free Cash Flow	4,170	3,648	292.53	1,993	474.1	1,862
Free Cash Flow Per Share	4.68	4.10	0.33	2.24	0.53	2.09
Dividend Per Share	1.730	1.730	0.810	1.050	2.000	1.546
Dividend Growth	113.58%	113.58%	-22.86%	-47.50%	29.41%	17.24%
Gross Margin	12.02%	10.70%	4.18%	7.37%	9.40%	11.40%
Operating Margin	9.04%	7.89%	1.84%	5.10%	6.83%	8.16%
Profit Margin	7.85%	6.87%	2.13%	4.10%	6.60%	6.63%
Free Cash Flow Margin	14.07%	11.92%	0.85%	5.10%	1.51%	7.46%
EBITDA	2,986	2,712	918.11	2,305	2,467	2,383
EBITDA Margin	10.07%	8.86%	2.69%	5.89%	7.88%	9.55%
D&A For EBITDA	306.39	298.23	289.52	311.93	330.21	346.1
EBIT	2,679	2,414	628.58	1,993	2,137	2,037
EBIT Margin	9.04%	7.89%	1.84%	5.10%	6.83%	8.16%
Effective Tax Rate	19.29%	18.95%	19.32%	19.79%	19.81%	19.33%
Revenue as Reported	29,893	30,845	34,536	39,321	31,799	25,062
Advertising Expenses	-	11.38	18.92	38.29	33.68	61.88

Updated Feb 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.