Revenue Breakdown

Unit : Million Baht

2019
2020
2021
Shipping
Offshore Service
Agrochemical
Food & Beverage
Investment
EBITDA Breakdown (1)

Unit : Million Baht

1,912
704
5,455
Shipping
Offshore Service
Agrochemical
Food & Beverage
Investment & Other (2)
Revenues and EBITDA (1)

Unit : Million Baht

Revenues
EBITDA
Net Profits to TTA / Normalized Net Profits to TTA (3)

Unit : Million Baht

Net Profits / (Losses) to TTA
Normalized Net Profits / (Losses) to TTA
Statement of Financial Position (Million Baht) 2019 2020 2021
Total Assets 33,473 31,029 38,947
Cash under Management (4) 7,085 7,700 11,483
Other Current Assets 5,229 4,623 7,279
Tangible Assets (5) 13,946 14,334 15,481
Other Non-Current Assets 7,213 4,372 4,704
Total Liabilities 10,874 11,838 14,547
Interest Bearing Debt (6) 8,260 9,216 10,451
Other Liabilities 2,614 2,622 4,096
Total Shareholders' Equity 22,599 19,191 24,400
Key Financial Ratio 2019 2020 2021
Gross Margin (7) (%) 20.4 21.1 31.7
EBITDA Margin (%) 12.4 5.5 24.7
Net Profit Margin (to TTA) (%) 3.6 (15.2) 17.4
Net Profit Margin (%) 1.4 (26.3) 16.7
Return on Assets (%) 0.6 (10.4) 10.5
Return on Equity (to TTA) (%) 3.0 (11.3.5) 20.6
Current Ratio (Times) 3.15 2.25 2.83
Debt to Equity Ratio (8),(9) (Times) 0.17 0.26 0.10
Net Interest-Bearing Debt to Equity (10),(11) (Times) 0.05 0.08 (0.04)
EPS and Dividend Payment 2019 2020 2021
Earnings per Share (Baht) 0.31 (1.07) 2.12
Dividend per Share (Baht) 0.06 0.02 0.22
Number of Shares (Million Shares)* 1,822 1,822 1,822

*As the end of period

Note
  1. (1) EBITDA = Earnings before interest, tax, depreciation, and amortization (excluding non-recurring items)
  2. (2) Including holding and elimination
  3. (3) Normalized net profits/ (losses) to TTA = Net profits/ (losses) to TTA – non-recurring items
  4. (4) Cash, cash equivalents, and other current financial assets
  5. (5) Property, plant, equipment, and investment properties
  6. (6) Excluding lease liabilities
  7. (7) Including amortization of vessel drydocking but excluding depreciation and other amortization
  8. (8) Financial Covenant for TTA221A Debentures, of which threshold is 1.5 times.
  9. (9) Debt to equity = (Interest bearing debt including lease liabilities - cash and cash equivalents)/ Total shareholder’s equity
  10. (10) Financial Covenant for TTA233A, TTA239A, TTA252A, and TTA265A Debentures, of which threshold is 2.0 times.
  11. (11) Net interest bearing debt to equity = (Interest bearing debt excluding lease liabilities – cash and cash equivalents – other current financial assets)/ Total shareholder’s equity