Union Pioneer PCL (BKK:UPF)

Union Pioneer PCL Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Revenue	512.22	563.29	546.85	646	605.12
Other Revenue	13.24	12.74	11.86	14.07	15.92
Revenue	525.45	576.03	558.71	660.08	621.05
Revenue Growth (YoY)	-8.78%	3.10%	-15.36%	6.29%	-10.39%
Cost of Revenue	474.83	494.5	476.98	554.46	500.4
Gross Profit	50.63	81.52	81.72	105.62	120.64
Selling, General & Admin	68.88	70.57	70.85	74.01	71.99
Other Operating Expenses	-	-	2.76	3.96	4.54
Operating Expenses	68.88	70.57	73.61	77.96	76.53
Operating Income	-18.25	10.96	8.12	27.65	44.11
Interest Expense	-1.5	-1.47	-1.62	-1.77	-1.54
Interest & Investment Income	0.4	0.91	0.97	0.3	0.39
Pretax Income	-19.35	10.39	7.47	26.19	42.96
Income Tax Expense	-4.06	1.16	0.94	4.61	7.61
Net Income	-15.29	9.23	6.52	21.58	35.35
Net Income to Common	-15.29	9.23	6.52	21.58	35.35
Net Income Growth	-	41.51%	-69.77%	-38.95%	-47.08%
Shares Outstanding (Basic)	8	8	8	8	8
Shares Outstanding (Diluted)	8	8	8	8	8
EPS (Basic)	-2.04	1.23	0.87	2.88	4.71
EPS (Diluted)	-2.04	1.23	0.87	2.88	4.71
EPS Growth	-	41.51%	-69.77%	-38.95%	-47.08%
Free Cash Flow	46.83	-63.95	47.35	77.54	4.44
Free Cash Flow Per Share	6.24	-8.53	6.31	10.34	0.59
Dividend Per Share	-	1.200	0.860	2.850	4.710
Dividend Growth	-	39.53%	-69.83%	-39.49%	-47.08%
Gross Margin	9.63%	14.15%	14.63%	16.00%	19.43%
Operating Margin	-3.47%	1.90%	1.45%	4.19%	7.10%
Profit Margin	-2.91%	1.60%	1.17%	3.27%	5.69%
Free Cash Flow Margin	8.91%	-11.10%	8.48%	11.75%	0.71%
EBITDA	-0.18	30.79	28.2	48.92	67.07
EBITDA Margin	-0.03%	5.34%	5.05%	7.41%	10.80%
D&A For EBITDA	18.08	19.83	20.08	21.27	22.95
EBIT	-18.25	10.96	8.12	27.65	44.11
EBIT Margin	-3.47%	1.90%	1.45%	4.19%	7.10%
Effective Tax Rate	-	11.14%	12.63%	17.59%	17.72%
Revenue as Reported	525.45	576.03	558.71	660.08	621.05

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