AP Income Statement - AP Thailand PCL - Alpha Spread

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Price: 7.95 THB -0.62% Market Closed

Market Cap: ฿25B

Metric	FY2016 Dec 2016	FY2017 Dec 2017	FY2018 Dec 2018	FY2019 Dec 2019	FY2020 Dec 2020	FY2021 Dec 2021	FY2022 Dec 2022	FY2023 Dec 2023	FY2024 Dec 2024	FY2025 Dec 2025
Revenue	20.3B	22.2B	27.3B	23.8B	29.9B	31.8B	38.5B	38B	37B	37.3B
Cost of Revenue	(13.3B)	(14.3B)	(18.3B)	(15.6B)	(20.5B)	(21.5B)	(25.5B)	(24.1B)	(24.3B)	(25.4B)
Gross Profit	7B	7.9B	8.9B	8.2B	9.4B	10.3B	13.1B	13.9B	12.7B	11.9B
Operating Expenses	(3.9B)	(4.5B)	(5.3B)	(5.4B)	(6.1B)	(5.7B)	(7.1B)	(7.4B)	(6.8B)	(6.7B)
Selling, General & Administrative	(4B)	(4.5B)	(5.2B)	(5.3B)	(6B)	(5.7B)	(7.1B)	(7.4B)	(7B)	(6.9B)
Depreciation & Amortization	(50.5m)	(63.6m)	(81.1m)	(113.6m)	(136.4m)	(143.7m)	(153.8m)	(152.6m)	(134.7m)	(102.2m)
Other Operating Expenses	78.7m	72.8m	(14.5m)	65.6m	57.9m	176m	152.5m	160.2m	375.3m	250.8m
Operating Income	3B	3.4B	3.6B	2.8B	3.3B	4.7B	6B	6.5B	5.9B	5.2B
Net Interest Income (Expense)	293.8m	443.5m	1.1B	887.8m	1.6B	797.7m	1.2B	875.7m	361.5m	131.2m
Interest Expense	188.9m	150.4m	122.9m	206.7m	320.3m	209.7m	61m	205.1m	645m	574.5m
Total Other Income	—	—	—	(40.8m)	(46.9m)	(45.4m)	(42.9m)	(55.6m)	(64.4m)	(54.3m)
Pre-Tax Income	3.3B	3.9B	4.7B	3.6B	4.9B	5.4B	7.1B	7.4B	6.2B	5.3B
Tax Provision	(618.8m)	(738.7m)	(779.2m)	(581m)	(689.9m)	(869.3m)	(1.2B)	(1.3B)	(1.2B)	(942.3m)
Income from Continuing Operations	2.7B	3.1B	4B	3.1B	4.2B	4.5B	5.9B	6.1B	5B	4.3B
Income to Minority Interest	(65.1k)	8.8m	9.8m	3.6m	1.1m	224.3k	967.7k	347.6k	(120.5k)	894.2k
Net Income	2.7B	3.2B	4B	3.1B	4.2B	4.5B	5.9B	6.1B	5B	4.3B
EPS (Diluted)	0.86	1.00	1.26	0.98	1.34	1.44	1.87	1.92	1.60	1.37

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