Also trades as: TPIPP-R.BK (SET) · $vol 0M

฿1.63 ($0.05)

-0.01 (-0.61%)

Weekly Expected Move ±2.8%

฿2 ฿2 ฿2 ฿2 ฿2

SET · Utilities · Renewable Utilities · Tech Score Strong Sell · Power 33 · ฿13.8B mcap · 2.34B float · 0.147% daily turnover

Revenue

$9.1B -15.6% ▼

5Y CAGR: -4.0%

Gross Profit

$3.0B -23.0% ▼

5Y CAGR: -9.9%

Operating Income

$2.5B -34.0% ▼

5Y CAGR: -12.6%

Net Income

$2.3B -31.4% ▼

5Y CAGR: -12.8%

EPS (Diluted)

$0.27 -30.8% ▼

5Y CAGR: -12.9%

EBITDA

$3.6B -24.8% ▼

5Y CAGR: -9.1%

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$11.1B	$10.2B	$11.0B	$10.7B	$9.1B
YoY Growth	-0.4%	-7.9%	+7.7%	-2.2%	-15.6%
Cost of Revenue	$6.2B	$7.2B	$7.0B	$6.8B	$6.0B
Gross Profit	$4.9B	$3.0B	$4.0B	$3.9B	$3.0B
Gross Margin	44.1%	29.6%	36.5%	36.5%	33.4%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$490M	$428M	$537M	$527M	$549M
Operating Expenses	$504M	$475M	$518M	$178M	$549M
Operating Income	$4.5B	$2.9B	$3.8B	$3.8B	$2.5B
Operating Margin	40.7%	28.6%	34.7%	34.9%	27.3%
Interest Expense	$208M	$90M	$148M	$254M	$461M
Income Before Tax	$4.3B	$2.8B	$3.7B	$3.5B	$2.4B
Tax Expense	$110M	$14M	$17M	$197M	$101M
Net Income	$4.2B	$2.8B	$3.7B	$3.3B	$2.3B
Net Margin	37.8%	27.6%	33.2%	30.7%	25.0%
EPS (Diluted)	$0.50	$0.33	$0.43	$0.39	$0.27
EBITDA	$5.4B	$3.9B	$4.8B	$4.8B	$3.6B
Shares Outstanding	8.40B	8.40B	8.40B	8.40B	8.40B

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$2.7B	$2.8B	$2.7B	$2.1B	$2.1B	$2.1B	$2.2B	$2.0B
Cost of Revenue	$1.7B	$1.7B	$1.6B	$1.5B	$1.4B	$1.5B	$1.6B	$1.4B
Gross Profit	$983M	$1.1B	$1.1B	$601M	$697M	$594M	$521M	$593M
Gross Margin	36.5%	38.3%	41.6%	28.2%	33.4%	27.9%	24.2%	29.8%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$158M	$118M	$115M	$124M	$118M	$192M	$121M	$111M
Operating Expenses	-$29M	$28M	$59M	$4M	$63M	$192M	$121M	$111M
Operating Income	$1.0B	$1.0B	$1.1B	$597M	$634M	$402M	$400M	$482M
Operating Margin	37.6%	37.3%	39.5%	28.0%	30.4%	18.9%	18.6%	24.2%
Interest Expense	$64M	$65M	$63M	$80M	$141M	$177M	$185M	$204M
Income Before Tax	$948M	$979M	$1.0B	$519M	$494M	$342M	$224M	$312M
Tax Expense	$115M	$67M	$46M	$45M	$2M	$9M	$8M	$18M
Net Income	$833M	$912M	$967M	$474M	$492M	$333M	$215M	$294M
Net Margin	31.0%	32.6%	35.5%	22.3%	23.6%	15.6%	10.0%	14.7%
EPS (Diluted)	$0.10	$0.11	$0.12	$0.06	$0.06	$0.04	$0.03	$0.04
EBITDA	$1.3B	$1.3B	$1.3B	$861M	$929M	$714M	$729M	$794M
Shares Outstanding	8.40B	8.42B	8.41B	8.47B	8.33B	8.40B	8.40B	8.40B

TPIPP.BK SET