Page 110 - Microsoft Word - One-Report-Eng 2024 Final.docx

Tycoons Worldwide Group (Thailand) Plc.

Tycoons Worldwide Group (Thailand) Public Company Limited and its subsidiaries
Statement of comprehensive income
For the year ended 31 December 2024
(Unit: Baht)
Consolidated financial statements Separate financial statements
Note 2024 2023 2024 2023
Profit or loss:
Revenues
Sales 4,247,789,003 5,574,702,937 4,162,026,888 5,607,444,036

Gains on exchange rates 10,085,481 47,808,780 9,304,118 47,808,780

Other income 15,025,590 19,798,237 15,010,590 19,797,550
4,186,341,596

5,675,050,366
5,642,309,954
4,272,900,074
Total revenues
Expenses
Cost of sales 4,180,705,912 5,223,899,169 4,088,751,696 5,250,370,382
Reduction of cost of inventory to net realisable value
(reversal) 9 11,330,665 (11,820,883) 10,871,073 (11,820,883)
4,192,036,577 5,212,078,286 4,099,622,769 5,238,549,499
Selling and distribution expenses 103,738,394 131,967,339 101,015,608 131,967,339
Administrative expenses 215,768,620 203,898,365 206,809,325 202,603,371
Reversal of allownace for expected credit losses (1,553,063) (455,527) (1,553,063) (455,527)
Reversal of losses from raw material purchase contracts -431,510 (2,982,981) -431,510 (2,982,981)

Losses from impairment of non-financial assets (reversal) (2,618,354) 8,463,711 (2,618,354) 8,463,711

Total expenses 4,506,940,664 5,552,969,193 4,402,844,775 5,578,145,412
Operating profit (loss) (234,040,590) 89,340,761 (216,503,179) 96,904,954
Share of profit from investment in associate 12 12,728,040 139,553,906 - -
Finance income 2,523,509 2,628,677 2,177,882 2,337,817
(64,494,619)
(71,979,179)

Finance cost (290,768,220) 167,028,725 (71,273,603) (64,494,619)

(285,598,900)

34,748,152

Profit (loss) before tax income (expenses) 21 1,290,368 (31,266,693) 3,000,885 (4,807,916)
Tax income (expenses)
Profit (loss) for the year (289,477,852) 135,762,032 (282,598,015) 29,940,236

Other comprehensive income:
Other comprehensive income to be reclassified
to profit or loss in subsequent periods
Share of other comprehensive income from
investment in associate - net of income tax 12 (18,033,610) 7,564,465 - -
Other comprehensive income to be reclassified
to profit or loss in subsequent periods - net of income tax (18,033,610) 7,564,465 - -
Other comprehensive income not to be reclassified
to profit or loss in subsequent periods
Actuarial gain - net of income tax 3,767,194 - 3,767,194 -

Losses on changes in value of equity investments
designated at fair value through other

comprehensive income - net of income tax (313,843,281) (79,085,405) (313,843,281) (79,085,405)
Other comprehensive income not to be reclassified
to profit or loss in subsequent periods - net of income tax (310,076,087) (79,085,405) (310,076,087) (79,085,405)

Other comprehensive income for the year (328,109,697) (71,520,940) (310,076,087) (79,085,405)
Total comprehensive income for the year (617,587,549) 64,241,092 (592,674,102) (49,145,169)

The accompanying notes are an integral part of the financial statements.
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