Also trades as: ICHI.BK (SET) · $vol 2M

฿13.30 ($0.40)

+0.00 (+0.00%)

Weekly Expected Move ±1.9%

฿13 ฿13 ฿13 ฿14 ฿14

SET · Consumer Defensive · Beverages - Non-Alcoholic · Tech Score Sell · Power 35 · ฿17.3B mcap · 677M float · 0.885% daily turnover

Revenue

$8.1B -5.9% ▼

5Y CAGR: +9.7%

Gross Profit

$1.9B -12.3% ▼

5Y CAGR: +14.1%

Operating Income

$1.3B -21.7% ▼

5Y CAGR: +19.1%

Net Income

$1.3B +1.6% ▲

5Y CAGR: +20.8%

EPS (Diluted)

$1.02 +2.0% ▲

5Y CAGR: +20.6%

EBITDA

$1.9B -15.4% ▼

5Y CAGR: +11.0%

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$5.2B	$6.3B	$8.0B	$8.6B	$8.1B
YoY Growth	+2.5%	+21.3%	+27.0%	+6.8%	-5.9%
Cost of Revenue	$4.2B	$5.2B	$6.2B	$6.4B	$6.1B
Gross Profit	$1.0B	$1.2B	$1.9B	$2.2B	$1.9B
Gross Margin	19.3%	18.7%	23.4%	25.7%	24.0%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$293M	$319M	$527M	$566M	$609M
Operating Expenses	$292M	$324M	$514M	$511M	$609M
Operating Income	$585M	$741M	$1.4B	$1.7B	$1.3B
Operating Margin	11.2%	11.7%	17.0%	19.8%	16.5%
Interest Expense	$3M	$2M	$2M	$2M	$1M
Income Before Tax	$641M	$821M	$1.4B	$1.7B	$1.5B
Tax Expense	$94M	$179M	$275M	$402M	$173M
Net Income	$547M	$642M	$1.1B	$1.3B	$1.3B
Net Margin	10.5%	10.1%	13.7%	15.2%	16.4%
EPS (Diluted)	$0.42	$0.49	$0.85	$1.00	$1.02
EBITDA	$1.2B	$1.4B	$1.9B	$2.3B	$1.9B
Shares Outstanding	1.30B	1.30B	1.30B	1.30B	1.30B

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$2.1B	$2.0B	$1.7B	$2.3B	$2.1B	$1.9B	$1.9B	$2.1B
Cost of Revenue	$1.6B	$1.5B	$1.3B	$1.7B	$1.6B	$1.5B	$1.5B	$1.6B
Gross Profit	$550M	$495M	$411M	$542M	$551M	$457M	$465M	$504M
Gross Margin	25.7%	24.6%	23.6%	24.0%	25.8%	23.5%	24.1%	23.5%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$112M	$143M	$121M	$164M	$136M	$210M	$147M	$211M
Operating Expenses	$104M	$152M	$112M	$35M	$126M	$210M	$147M	$211M
Operating Income	$446M	$343M	$299M	$507M	$425M	$247M	$318M	$293M
Operating Margin	20.8%	17.1%	17.1%	22.4%	19.9%	12.7%	16.5%	13.7%
Interest Expense	$368K	$344K	$319K	$295K	$272K	$504K	$515K	$492K
Income Before Tax	$446M	$338M	$305M	$507M	$428M	$260M	$337M	$302M
Tax Expense	$89M	$132M	$60M	$100M	$70M	-$57M	$51M	-$7M
Net Income	$357M	$206M	$245M	$407M	$358M	$317M	$287M	$309M
Net Margin	16.7%	10.3%	14.0%	18.0%	16.8%	16.3%	14.9%	14.4%
EPS (Diluted)	$0.27	$0.16	$0.19	$0.31	$0.28	$0.24	$0.22	$0.24
EBITDA	$591M	$483M	$450M	$657M	$581M	$400M	$468M	$446M
Shares Outstanding	1.32B	1.30B	1.29B	1.31B	1.28B	1.30B	1.30B	1.30B

ICHI-R.BK SET