Union Petrochemical PCL (BKK:UKEM)

Union Petrochemical 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	2,963	3,202	2,828	3,074	2,868	2,543
Other Revenue	3.89	4.99	4.09	4.06	-	10.29
Revenue	2,966	3,207	2,833	3,078	2,868	2,553
Revenue Growth (YoY)	-3.58%	13.22%	-7.97%	7.30%	12.36%	-10.01%
Cost of Revenue	2,641	2,908	2,550	2,845	2,439	2,131
Gross Profit	325.8	299.36	282.12	233.1	429.63	421.49
Selling, General & Admin	255.85	263.72	256.67	267.59	251.85	280.89
Operating Expenses	255.85	263.72	256.67	267.59	251.85	280.89
Operating Income	69.96	35.64	25.44	-34.49	177.79	140.61
Interest Expense	-20.95	-24.69	-17.63	-12.38	-10.21	-11.58
Earnings From Equity Investments	-3.77	-2.14	-	-	-	-
Currency Exchange Gain (Loss)	-0.02	-2.19	-5.44	6.45	2.65	3.4
Other Non Operating Income (Expenses)	-1.55	-0.89	5.72	-15.32	3.17	-
EBT Excluding Unusual Items	43.66	5.73	8.1	-55.74	173.4	132.43
Gain (Loss) on Sale of Investments	-2	0.65	-0.18	-	-	-
Gain (Loss) on Sale of Assets	2.5	2.5	40.7	-15.57	-	-
Pretax Income	44.16	8.87	48.62	-71.31	173.4	132.43
Income Tax Expense	8.32	1.61	39.35	-8.87	35.87	30.6
Earnings From Continuing Operations	35.84	7.26	9.27	-62.44	137.52	101.84
Earnings From Discontinued Operations	-	-	-1.73	-7.67	-20.84	-
Net Income to Company	35.84	7.26	7.54	-70.11	116.68	101.84
Minority Interest in Earnings	-1.02	-1	-1.08	-0.93	-0.48	-4.72
Net Income	34.82	6.26	6.46	-71.04	116.2	97.11
Net Income to Common	34.82	6.26	6.46	-71.04	116.2	97.11
Net Income Growth	47.99%	-3.03%	-	-	19.66%	38.37%
Shares Outstanding (Basic)	1,121	1,105	1,162	1,162	1,171	1,236
Shares Outstanding (Diluted)	1,121	1,105	1,162	1,162	1,171	1,236
Shares Change (YoY)	1.24%	-4.93%	-0.01%	-0.73%	-5.29%	-1.12%
EPS (Basic)	0.03	0.01	0.01	-0.06	0.10	0.08
EPS (Diluted)	0.03	0.01	0.01	-0.06	0.10	0.08
EPS Growth	46.18%	2.00%	-	-	26.35%	40.30%
Free Cash Flow	63.83	-137.75	59.13	152.87	-268.74	253.07
Free Cash Flow Per Share	0.06	-0.13	0.05	0.13	-0.23	0.20
Dividend Per Share	0.010	0.010	0.010	0.015	0.112	0.055
Dividend Growth	-	-	-33.33%	-86.61%	103.64%	243.75%
Gross Margin	10.98%	9.34%	9.96%	7.57%	14.98%	16.51%
Operating Margin	2.36%	1.11%	0.90%	-1.12%	6.20%	5.51%
Profit Margin	1.17%	0.19%	0.23%	-2.31%	4.05%	3.80%
Free Cash Flow Margin	2.15%	-4.29%	2.09%	4.97%	-9.37%	9.91%
EBITDA	63.23	42.57	32.71	-12.63	193.14	159.12
EBITDA Margin	2.13%	1.33%	1.16%	-0.41%	6.73%	6.23%
D&A For EBITDA	-6.73	6.93	7.27	21.86	15.36	18.51
EBIT	69.96	35.64	25.44	-34.49	177.79	140.61
EBIT Margin	2.36%	1.11%	0.90%	-1.12%	6.20%	5.51%
Effective Tax Rate	18.83%	18.16%	80.92%	-	20.69%	23.10%
Revenue as Reported	2,971	3,209	2,873	3,084	2,874	2,556

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