TPI Polene PCL (BKK:TPIPL)

TPI Polene 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	36,314	35,770	42,807	48,133	38,920	34,276
Revenue	36,314	35,770	42,807	48,133	38,920	34,276
Revenue Growth (YoY)	-10.50%	-16.44%	-11.06%	23.67%	13.55%	-7.46%
Cost of Revenue	28,045	27,945	32,900	35,326	26,447	24,993
Gross Profit	8,269	7,825	9,908	12,807	12,472	9,283
Selling, General & Admin	4,603	4,656	5,416	5,713	5,338	4,856
Other Operating Expenses	-1,535	-1,521	-1,693	-2,322	-1,908	-1,852
Operating Expenses	3,068	3,135	3,724	3,391	3,430	4,606
Operating Income	5,201	4,690	6,184	9,416	9,042	4,676
Interest Expense	-2,288	-2,381	-2,076	-1,930	-2,056	-2,006
Interest & Investment Income	444.01	482.83	374.38	70.89	60.42	59.15
Earnings From Equity Investments	29.82	30.35	26.98	21.28	24.7	56.32
Currency Exchange Gain (Loss)	-289.99	88.3	88.28	437.17	390.71	-11.94
Other Non Operating Income (Expenses)	-0.13	-0.13	-0.17	-4.13	-5.4	-8.41
EBT Excluding Unusual Items	3,096	2,910	4,598	8,011	7,457	2,765
Pretax Income	3,096	2,910	4,598	8,011	7,457	2,765
Income Tax Expense	610.2	485.14	292.41	165.83	539.28	-74.33
Earnings From Continuing Operations	2,486	2,425	4,305	7,845	6,918	2,839
Minority Interest in Earnings	-1,062	-982.85	-1,087	-837.17	-1,247	-1,341
Net Income	1,424	1,442	3,218	7,008	5,671	1,498
Net Income to Common	1,424	1,442	3,218	7,008	5,671	1,498
Net Income Growth	-57.05%	-55.17%	-54.08%	23.58%	278.50%	7.51%
Shares Outstanding (Basic)	18,936	18,935	18,935	18,944	19,102	18,903
Shares Outstanding (Diluted)	18,936	18,935	18,935	18,944	19,102	18,903
Shares Change (YoY)	-0.05%	-	-0.04%	-0.83%	1.05%	-1.45%
EPS (Basic)	0.08	0.08	0.17	0.37	0.30	0.08
EPS (Diluted)	0.08	0.08	0.17	0.37	0.30	0.08
EPS Growth	-57.03%	-55.17%	-54.06%	24.61%	274.56%	9.09%
Free Cash Flow	-3,311	-1,718	723.31	2,308	872.73	739.38
Free Cash Flow Per Share	-0.17	-0.09	0.04	0.12	0.05	0.04
Dividend Per Share	0.050	0.050	0.100	0.100	0.090	0.060
Dividend Growth	-50.00%	-50.00%	-	11.11%	50.00%	-
Gross Margin	22.77%	21.88%	23.14%	26.61%	32.05%	27.08%
Operating Margin	14.32%	13.11%	14.45%	19.56%	23.23%	13.64%
Profit Margin	3.92%	4.03%	7.52%	14.56%	14.57%	4.37%
Free Cash Flow Margin	-9.12%	-4.80%	1.69%	4.79%	2.24%	2.16%
EBITDA	8,103	7,675	9,297	12,506	11,932	9,247
EBITDA Margin	22.31%	21.46%	21.72%	25.98%	30.66%	26.98%
D&A For EBITDA	2,903	2,985	3,113	3,090	2,890	4,571
EBIT	5,201	4,690	6,184	9,416	9,042	4,676
EBIT Margin	14.32%	13.11%	14.45%	19.56%	23.23%	13.64%
Effective Tax Rate	19.71%	16.67%	6.36%	2.07%	7.23%	-

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