PTT Public Company 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	2,662,145	3,090,453	3,144,884	3,367,203	2,258,818
Revenue Growth (YoY)	-13.86%	-1.73%	-6.60%	49.07%	39.81%
Cost of Revenue	-	2,769,332	2,785,484	2,934,230	1,900,230
Gross Profit	2,662,145	321,121	359,399	432,972	358,589
Selling, General & Admin	-	143,182	128,162	144,227	110,290
Other Operating Expenses	2,319,892	-6,069	34.56	57,893	15,469
Operating Expenses	2,501,838	137,113	128,197	202,120	125,760
Operating Income	160,307	184,009	231,202	230,853	232,829
Interest Expense	-40,448	-38,194	-37,950	-32,292	-27,196
Interest & Investment Income	-	20,036	14,409	4,388	2,979
Earnings From Equity Investments	13,031	-6,668	3,013	5,849	9,010
Currency Exchange Gain (Loss)	20,016	15,235	22,285	5,552	-6,469
Other Non Operating Income (Expenses)	-2,052	-8,627	-7,433	-4,799	-967.29
EBT Excluding Unusual Items	150,854	165,791	225,525	209,551	210,186
Gain (Loss) on Sale of Investments	-	544	2,798	1,125	53
Gain (Loss) on Sale of Assets	-	10,384	6,110	1,886	-1,275
Asset Writedown	-3,087	-	-	-	-
Other Unusual Items	-	3,959	2,160	-	10,694
Pretax Income	147,767	180,678	236,593	212,562	219,658
Income Tax Expense	57,601	67,210	81,313	90,462	67,591
Earnings From Continuing Operations	90,166	113,468	155,280	122,100	152,068
Net Income to Company	90,166	113,468	155,280	122,100	152,068
Minority Interest in Earnings	-	-23,396	-43,256	-30,925	-43,704
Net Income	90,166	90,072	112,024	91,175	108,363
Preferred Dividends & Other Adjustments	-	-	-	-216.24	225.5
Net Income to Common	90,166	90,072	112,024	91,391	108,138
Net Income Growth	0.10%	-19.60%	22.87%	-15.86%	186.94%
Shares Outstanding (Basic)	28,624	28,594	28,578	28,563	28,563
Shares Outstanding (Diluted)	28,624	28,594	28,578	28,563	28,563
Shares Change (YoY)	0.10%	0.06%	0.05%	-	-
EPS (Basic)	3.15	3.15	3.92	3.20	3.79
EPS (Diluted)	3.15	3.15	3.92	3.20	3.79
EPS Growth	-	-19.64%	22.51%	-15.49%	187.52%
Free Cash Flow	299,366	190,096	212,797	26,489	182,547
Free Cash Flow Per Share	10.46	6.65	7.45	0.93	6.39
Dividend Per Share	-	2.100	2.000	2.000	2.000
Dividend Growth	-	5.00%	-	-	100.00%
Gross Margin	100.00%	10.39%	11.43%	12.86%	15.88%
Operating Margin	6.02%	5.95%	7.35%	6.86%	10.31%
Profit Margin	3.39%	2.92%	3.56%	2.71%	4.79%
Free Cash Flow Margin	11.24%	6.15%	6.77%	0.79%	8.08%
EBITDA	342,253	345,968	382,992	383,957	375,653
EBITDA Margin	12.86%	11.20%	12.18%	11.40%	16.63%
D&A For EBITDA	181,946	161,959	151,790	153,105	142,824
EBIT	160,307	184,009	231,202	230,853	232,829
EBIT Margin	6.02%	5.95%	7.35%	6.86%	10.31%
Effective Tax Rate	38.98%	37.20%	34.37%	42.56%	30.77%

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