Varopakorn PCL Income Statement

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

Millions THB. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	2,927	2,983	2,510	3,755	2,576	1,020
Other Revenue	1.64	5.01	7.44	8.08	7.95	-
Revenue	2,928	2,988	2,517	3,763	2,584	1,020
Revenue Growth (YoY)	7.09%	18.70%	-33.10%	45.63%	153.22%	-34.98%
Cost of Revenue	2,721	2,739	2,475	3,658	2,459	1,096
Gross Profit	207.08	249.3	42.63	104.64	125.08	-75.49
Selling, General & Admin	101.14	103.59	95	96.15	85.76	67.81
Other Operating Expenses	-	-	-	-	-3.77	-
Operating Expenses	101.14	103.59	95	96.15	81.98	67.81
Operating Income	105.94	145.71	-52.37	8.49	43.1	-143.3
Interest Expense	-50.15	-54.56	-53.17	-38.33	-16.49	-14
Currency Exchange Gain (Loss)	25.15	40.91	7.14	-6.08	-23.76	18.92
Other Non Operating Income (Expenses)	8.66	-1.46	-11.14	-24.79	-	0.85
EBT Excluding Unusual Items	89.6	130.6	-109.54	-60.71	2.84	-137.53
Pretax Income	89.6	130.6	-109.54	-60.71	2.84	-137.53
Income Tax Expense	-2.11	0.17	-1.03	-1.92	-1.03	0.67
Net Income	91.71	130.43	-108.51	-58.79	3.87	-138.21
Net Income to Common	91.71	130.43	-108.51	-58.79	3.87	-138.21
Net Income Growth	62.81%	-	-	-	-	-
Shares Outstanding (Basic)	100	100	100	100	100	100
Shares Outstanding (Diluted)	100	100	100	100	100	100
EPS (Basic)	0.92	1.31	-1.09	-0.59	0.04	-1.38
EPS (Diluted)	0.92	1.31	-1.09	-0.59	0.04	-1.38
EPS Growth	62.81%	-	-	-	-	-
Free Cash Flow	413.87	-29.81	17.17	347.71	-691.35	-8.35
Free Cash Flow Per Share	4.14	-0.30	0.17	3.48	-6.92	-0.08
Gross Margin	7.07%	8.34%	1.69%	2.78%	4.84%	-7.40%
Operating Margin	3.62%	4.88%	-2.08%	0.23%	1.67%	-14.04%
Profit Margin	3.13%	4.37%	-4.31%	-1.56%	0.15%	-13.54%
Free Cash Flow Margin	14.13%	-1.00%	0.68%	9.24%	-26.76%	-0.82%
EBITDA	197.89	241.49	56	105.11	137.21	-43.78
EBITDA Margin	6.76%	8.08%	2.23%	2.79%	5.31%	-4.29%
D&A For EBITDA	91.95	95.78	108.37	96.62	94.11	99.53
EBIT	105.94	145.71	-52.37	8.49	43.1	-143.3
EBIT Margin	3.62%	4.88%	-2.08%	0.23%	1.67%	-14.04%
Effective Tax Rate	-	0.13%	-	-	-	-
Revenue as Reported	2,954	3,029	2,524	3,763	2,588	1,046

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