Vanachai Group PCL Income Statement

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

Millions THB. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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
Revenue	11,300	13,540	14,148	13,138	12,988
Revenue Growth (YoY)	-16.54%	-4.30%	7.69%	1.15%	56.08%
Cost of Revenue	10,370	11,695	11,822	10,554	9,747
Gross Profit	930.16	1,844	2,326	2,584	3,241
Selling, General & Admin	1,304	1,513	1,881	1,556	1,616
Operating Expenses	1,304	1,513	1,881	1,556	1,616
Operating Income	-374.2	331.15	444.62	1,028	1,625
Interest Expense	-374.1	-443.1	-422.45	-329.63	-292
Interest & Investment Income	42.27	18.58	35.04	58.26	2.62
Currency Exchange Gain (Loss)	76.49	129.24	57.53	79.7	-4.33
EBT Excluding Unusual Items	-629.54	35.88	114.74	836.38	1,331
Gain (Loss) on Sale of Assets	1.81	274.02	-0.94	-	-
Pretax Income	-627.73	309.89	113.8	836.38	1,331
Income Tax Expense	-1.72	77.78	68.85	93.97	22.65
Earnings From Continuing Operations	-626.01	232.11	44.94	742.42	1,308
Minority Interest in Earnings	24.29	-1.91	-18.28	-25.73	-14.66
Net Income	-601.72	230.2	26.66	716.69	1,294
Net Income to Common	-601.72	230.2	26.66	716.69	1,294
Net Income Growth	-	763.51%	-96.28%	-44.60%	-
Shares Outstanding (Basic)	1,735	1,735	1,735	1,735	1,735
Shares Outstanding (Diluted)	1,735	1,735	1,735	1,735	1,735
Shares Change (YoY)	-	-	-	-	5.67%
EPS (Basic)	-0.35	0.13	0.02	0.41	0.75
EPS (Diluted)	-0.35	0.13	0.02	0.41	0.75
EPS Growth	-	763.52%	-96.28%	-44.60%	-
Free Cash Flow	-1,399	1,906	916.38	1,071	1,601
Free Cash Flow Per Share	-0.81	1.10	0.53	0.62	0.92
Dividend Per Share	-	0.100	0.020	0.200	0.400
Dividend Growth	-	400.00%	-90.00%	-50.00%	-
Gross Margin	8.23%	13.62%	16.44%	19.67%	24.95%
Operating Margin	-3.31%	2.45%	3.14%	7.83%	12.51%
Profit Margin	-5.33%	1.70%	0.19%	5.46%	9.96%
Free Cash Flow Margin	-12.38%	14.08%	6.48%	8.15%	12.33%
EBITDA	581.23	1,365	1,549	2,123	2,598
EBITDA Margin	5.14%	10.08%	10.95%	16.16%	20.01%
D&A For EBITDA	955.42	1,034	1,104	1,095	973.51
EBIT	-374.2	331.15	444.62	1,028	1,625
EBIT Margin	-3.31%	2.45%	3.14%	7.83%	12.51%
Effective Tax Rate	-	25.10%	60.51%	11.24%	1.70%

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