1.18
-1.67%
Close of 9 Nov 2026, in THB
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At a glance
Figures in THB, from our data supplier.
Revenue
THB 1.95bn
FY2018FY2025
Net income
−THB 79.1m
FY2018FY2025
Free cash flow
−THB 86.5m
FY2018FY2025
Shareholders' equity
THB 2.01bn
FY2018FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | THB 1.95bn | THB 2.71bn | THB 2.33bn | THB 2.48bn | THB 2.20bn | THB 1.25bn | THB 1.23bn | THB 1.18bn |
| Gross profit | THB 226.9m | THB 571.2m | THB 326.1m | THB 541.6m | THB 541.7m | THB 198.5m | THB 177.4m | THB 238.9m |
| Operating income | −THB 81.1m | THB 270.5m | THB 151.0m | THB 336.8m | THB 341.9m | THB 101.5m | THB 53.1m | THB 110.3m |
| Net income | −THB 79.1m | THB 241.1m | THB 135.8m | THB 283.7m | THB 313.8m | THB 82.1m | THB 67.2m | THB 125.1m |
| Diluted earnings per share | -0.12 | 0.36 | 0.20 | 0.42 | 0.47 | 0.12 | 0.10 | 0.19 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Total assets | THB 2.81bn | THB 2.98bn | THB 2.51bn | THB 1.78bn | THB 1.56bn | THB 1.36bn | THB 1.34bn | THB 1.23bn |
| Cash and short-term investments | THB 299.4m | THB 467.8m | THB 591.7m | THB 238.9m | THB 95.6m | THB 17.6m | THB 56.8m | THB 1.7m |
| Total liabilities | THB 792.9m | THB 795.6m | THB 477.2m | THB 772.8m | THB 629.2m | THB 741.9m | THB 553.2m | THB 459.2m |
| Debt | THB 715.0m | THB 699.9m | THB 399.9m | THB 693.0m | THB 557.9m | THB 682.9m | THB 497.0m | THB 388.6m |
| Shareholders' equity | THB 2.01bn | THB 2.19bn | THB 2.03bn | THB 1.01bn | THB 930.8m | THB 617.0m | THB 776.5m | THB 751.2m |
| Shares outstanding | 670m | 670m | 670m | 670m | 670m | 670m | 670m | 670m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | THB 130.7m | THB 295.6m | THB 296.5m | THB 277.7m | THB 294.0m | THB 130.0m | THB 117.6m | THB 67.5m |
| Capital spending | −THB 217.2m | −THB 609.8m | −THB 533.3m | −THB 62.6m | −THB 73.9m | −THB 98.1m | −THB 126.6m | −THB 189.2m |
| Free cash flow | −THB 86.5m | −THB 314.2m | −THB 236.8m | THB 215.1m | THB 220.1m | THB 31.9m | −THB 9.0m | −THB 121.7m |
| Dividends paid | −THB 87.1m | −THB 87.8m | −THB 100.5m | −THB 275.8m | — | −THB 241.0m | −THB 40.0m | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | THB 392.4m | THB 630.4m | THB 512.4m | THB 462.0m | THB 520.1m | THB 458.9m | THB 669.3m | THB 770.2m |
| Gross profit | THB 15.1m | THB 83.3m | THB 43.7m | −THB 5.2m | THB 58.0m | THB 130.4m | THB 139.8m | THB 161.9m |
| Operating income | −THB 32.1m | THB 25.4m | −THB 26.8m | −THB 74.0m | −THB 20.4m | THB 65.6m | THB 35.2m | THB 87.8m |
| Net income | −THB 37.2m | THB 19.8m | −THB 32.3m | −THB 78.1m | −THB 23.6m | THB 55.0m | THB 33.3m | THB 81.0m |
| Diluted earnings per share | -0.06 | 0.03 | -0.05 | -0.12 | -0.04 | 0.08 | 0.05 | 0.12 |
| Cash from operations | THB 375.0m | −THB 160.0m | −THB 44.0m | THB 97.0m | THB 232.0m | −THB 137.0m | THB 15.0m | THB 255.0m |
| Capital spending | −THB 34.0m | −THB 41.0m | −THB 42.0m | −THB 66.0m | −THB 48.0m | −THB 59.0m | −THB 89.0m | −THB 184.0m |
| Free cash flow | THB 341.0m | −THB 201.0m | −THB 86.0m | THB 31.0m | THB 184.0m | −THB 196.0m | −THB 74.0m | THB 71.0m |
| Total assets | THB 2.75bn | THB 3.06bn | THB 2.81bn | THB 2.71bn | THB 2.91bn | THB 3.05bn | THB 2.98bn | THB 2.62bn |
| Cash and short-term investments | — | THB 288.0m | THB 299.4m | THB 214.5m | THB 342.3m | THB 267.7m | THB 467.8m | THB 194.3m |
| Debt | THB 400.6m | THB 896.2m | THB 702.0m | THB 526.7m | THB 665.2m | THB 702.4m | THB 698.7m | THB 347.3m |
| Shareholders' equity | THB 1.99bn | THB 2.03bn | THB 2.01bn | THB 2.04bn | THB 2.14bn | THB 2.24bn | THB 2.19bn | THB 2.15bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -7.7% | 9.4% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 17.1% | 17.6% | 18.6% | — |
| Operating margin | 4.1% | 7.2% | 8.7% | — |
| Net margin | 3.5% | 6.1% | 7.6% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | |
|---|---|---|---|
| Price to earnings | -12.5 | 6.4 | 13.8 |
| Price to sales | 0.5 | 0.6 | 0.8 |
Dividends and splits
Per share, in the currency the company pays
Paid for 3 years. Last went ex-dividend on 27 Aug 2025.
| FY2025 | FY2024 | FY2023 | |
|---|---|---|---|
| Paid in the year | 0.13 | 0.131 | 0.15 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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