Revenue from Sales and Services
Unit : Million Baht
Share of Profit from Investments in Associatesand Joint Ventures
Unit : Million Baht
Net Profit
Unit : Million Baht

1. Profit and Loss

(Unit : Million Baht)

Balance Sheet 2019 2020 2021 2022 2023 2024
Revenue from sales and services 1,857.2 1,698.0 2,180.8 2,443.0 2,781.6 2,925.6
Cost of sales and services (1,164.4) (1,198.1) (1,476.2) (1,660.9) (1,777.4) (1,872.4)
Gross profit 692.8 499.8 704.6 782.1 1,004.3 1,053.2
Share of profit from investments in associates and joint ventures 1,881.1 866.3 317.3 155.9 1,380.3 944.0
Net profit attributable to owners of the parent 2,137.2 812.7 735.5 454.1 1,631.3 1,118.9
Earnings per share (Baht/share) 0.56 0.21 0.19 0.12 0.43 0.29

2. Balance Sheet

(Unit : Million Baht)

Balance Sheet 2019 2020 2021 2022 2023 2024
Total Assets 26,418.7 26,171.6 25,838.8 27,645.4 29,817.1 31,246.8
Total liabilities 12,859.5 14,014.5 13,454.9 15,024.0 16,250.4 17,684.7
Equity 13,559.3 12,157.1 12,383.9 12,621.4 13,566.7 13,562.0

3. Financial Ratio

(Unit : Million Baht)

Financial Ratios 2019 2020 2021 2022 2023 2024
Gross Profit Margin 37.3% 29.4% 32.3% 32.0% 36.1% 28.6%
Net Profit Margin1 55.0% 30.7% 25.5% 16.1% 39.2% 28.2%
Return on Equity2 15.5% 6.3% 6.0% 3.6% 12.5% 8.3%
Debt / Equity Ratio 0.95x 1.15x 1.09x 1.19x 1.20x 1.20x
Net Interest-bearing Debt / Equity Ratio 0.81x 0.91x 0.90x 0.91x 1.02x 1.10x

Note:
1 Net profit margin is calculated by dividing the Net Profit attributable to Owners of the Parent by Revenue from Sales and Services, Share of Profit from Investments in Associates and Joint Ventures and Other Income
2 Return on Equity is calculated by dividing the Net Profit attributable to Owners of the Parent by average Total Equity