Tipco Asphalt PCL (BKK:TASCO)

Tipco Asphalt PCL Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	29,391	27,964	31,106	33,401	27,053	26,155
Other Revenue	179.36	205.86	159.81	214.2	133.6	123.28
Revenue	29,571	28,170	31,266	33,615	27,186	26,279
Revenue Growth (YoY)	6.18%	-9.90%	-6.99%	23.65%	3.45%	-29.00%
Cost of Revenue	25,994	24,851	27,114	28,359	22,123	21,403
Gross Profit	3,577	3,319	4,151	5,255	5,064	4,875
Selling, General & Admin	1,249	1,243	1,262	1,314	1,354	1,378
Other Operating Expenses	-126.04	-22.96	-146.01	679.76	1,048	-802.63
Operating Expenses	1,250	1,498	1,327	2,114	2,436	632.95
Operating Income	2,327	1,821	2,824	3,141	2,628	4,242
Interest Expense	-150.42	-148.03	-142.97	-113.22	-118.12	-130.87
Interest & Investment Income	28.76	28.76	28.5	23.66	23.49	12.43
Earnings From Equity Investments	139.78	110.21	111.87	161.03	128.43	118.32
Currency Exchange Gain (Loss)	50.72	50.72	86.24	107.66	90.29	76.85
Other Non Operating Income (Expenses)	0.3	-	-	-	-	-
EBT Excluding Unusual Items	2,396	1,862	2,908	3,320	2,752	4,319
Asset Writedown	2.68	2.68	0.63	-199.94	-37.97	-74.17
Other Unusual Items	-	-	-	-	20.75	-
Pretax Income	2,399	1,865	2,909	3,120	3,005	4,355
Income Tax Expense	513.45	410.96	583.2	737.55	753.42	757.34
Earnings From Continuing Operations	1,885	1,454	2,325	2,383	2,252	3,598
Minority Interest in Earnings	-31.41	-37.03	-19.95	-16.2	-32.25	-5.68
Net Income	1,854	1,417	2,306	2,367	2,220	3,592
Net Income to Common	1,854	1,417	2,306	2,367	2,220	3,592
Net Income Growth	56.40%	-38.53%	-2.58%	6.61%	-38.20%	15.00%
Shares Outstanding (Basic)	1,578	1,578	1,578	1,578	1,578	1,578
Shares Outstanding (Diluted)	1,578	1,578	1,578	1,578	1,578	1,578
Shares Change (YoY)	-0.18%	-	-	-	0.03%	0.04%
EPS (Basic)	1.17	0.90	1.46	1.50	1.41	2.28
EPS (Diluted)	1.17	0.90	1.46	1.50	1.41	2.28
EPS Growth	56.68%	-38.53%	-2.58%	6.61%	-38.22%	14.97%
Free Cash Flow	1,164	291.85	3,747	2,489	244.11	4,855
Free Cash Flow Per Share	0.74	0.18	2.37	1.58	0.15	3.08
Dividend Per Share	-	-	1.250	1.250	1.050	1.600
Dividend Growth	-	-	-	19.05%	-34.38%	6.67%
Gross Margin	12.10%	11.78%	13.28%	15.63%	18.63%	18.55%
Operating Margin	7.87%	6.46%	9.03%	9.34%	9.67%	16.14%
Profit Margin	6.27%	5.03%	7.37%	7.04%	8.16%	13.67%
Free Cash Flow Margin	3.94%	1.04%	11.99%	7.40%	0.90%	18.47%
EBITDA	3,314	2,813	3,899	4,240	3,756	5,217
EBITDA Margin	11.21%	9.99%	12.47%	12.61%	13.82%	19.85%
D&A For EBITDA	987.51	992.31	1,074	1,099	1,128	974.99
EBIT	2,327	1,821	2,824	3,141	2,628	4,242
EBIT Margin	7.87%	6.46%	9.03%	9.34%	9.67%	16.14%
Effective Tax Rate	21.41%	22.03%	20.05%	23.64%	25.07%	17.39%
Revenue as Reported	29,621	28,220	31,352	33,722	27,277	26,355

Updated Feb 17, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.