Union Pioneer 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	486.35	512.22	563.29	546.85	646	605.12
Other Revenue	15.66	13.24	12.74	11.86	14.07	15.92
Revenue	502.02	525.45	576.03	558.71	660.08	621.05
Revenue Growth (YoY)	-14.05%	-8.78%	3.10%	-15.36%	6.29%	-10.39%
Cost of Revenue	441.44	474.83	494.5	476.98	554.46	500.4
Gross Profit	60.58	50.63	81.52	81.72	105.62	120.64
Selling, General & Admin	71.14	68.88	70.57	70.85	74.01	71.99
Other Operating Expenses	-	-	-	2.76	3.96	4.54
Operating Expenses	71.14	68.88	70.57	73.61	77.96	76.53
Operating Income	-10.56	-18.25	10.96	8.12	27.65	44.11
Interest Expense	-1.58	-1.5	-1.47	-1.62	-1.77	-1.54
Interest & Investment Income	0.4	0.4	0.91	0.97	0.3	0.39
Pretax Income	-11.59	-19.35	10.39	7.47	26.19	42.96
Income Tax Expense	-3.17	-4.06	1.16	0.94	4.61	7.61
Net Income	-8.42	-15.29	9.23	6.52	21.58	35.35
Net Income to Common	-8.42	-15.29	9.23	6.52	21.58	35.35
Net Income Growth	-	-	41.51%	-69.77%	-38.95%	-47.08%
Shares Outstanding (Basic)	7	8	8	8	8	8
Shares Outstanding (Diluted)	7	8	8	8	8	8
Shares Change (YoY)	-0.27%	-	-	-	-	-
EPS (Basic)	-1.12	-2.04	1.23	0.87	2.88	4.71
EPS (Diluted)	-1.12	-2.04	1.23	0.87	2.88	4.71
EPS Growth	-	-	41.51%	-69.77%	-38.95%	-47.08%
Free Cash Flow	47.1	46.83	-63.95	47.35	77.54	4.44
Free Cash Flow Per Share	6.29	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	12.07%	9.63%	14.15%	14.63%	16.00%	19.43%
Operating Margin	-2.10%	-3.47%	1.90%	1.45%	4.19%	7.10%
Profit Margin	-1.68%	-2.91%	1.60%	1.17%	3.27%	5.69%
Free Cash Flow Margin	9.38%	8.91%	-11.10%	8.48%	11.75%	0.71%
EBITDA	7.02	-0.18	30.79	28.2	48.92	67.07
EBITDA Margin	1.40%	-0.03%	5.34%	5.05%	7.41%	10.80%
D&A For EBITDA	17.58	18.08	19.83	20.08	21.27	22.95
EBIT	-10.56	-18.25	10.96	8.12	27.65	44.11
EBIT Margin	-2.10%	-3.47%	1.90%	1.45%	4.19%	7.10%
Effective Tax Rate	-	-	11.14%	12.63%	17.59%	17.72%
Revenue as Reported	502.02	525.45	576.03	558.71	660.08	621.05

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