Page 208 - THAILAND PRIVILEGE ANNUAL REPORT 2025
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Summary of Key Financial Information
Item Unit FY 2025 FY 2024 FY 2023
Statement of Profit or Loss
Total Revenue Million Baht 3,324.07 2,988.52 1,945.20
Total Expenses Million Baht 993.76 1,218.23 893.50
Net Profit Million Baht 1863.37 1,415.26 841.11
Statement of Financial Position
Total Assets Million Baht 21,059.42 20,413.70 15,502.73
Total Liabilities Million Baht 17,995.78 18,198.44 13,861.62
Total Shareholders’ Equity Million Baht 3,063.63 2,215.26 1,641.11
Financial Ratios
Net Profit Margin % 56.06 47.36 43.24
Return on Assets % 8.85 6.93 5.43
(ROA)
Return on Equity % 60.82 63.89 51.25
(ROE)
Management Discussion and Analysis of Financial Position
Budget Expenditure Analysis
For the fiscal year ended 30 September 2025, the Company recorded total expenses of Baht 993.76 million,
representing a decrease of Baht 224.47 million, or 18.43%, compared with the same period of the previous year.
Total expenses accounted for 29.90% of total revenue, decreasing from 40.76% in fiscal year 2024.
Analysis of Financial Position and Operating Results
The Company reported a net profit for the fiscal year ended 30 September 2025 of Baht 1,863.37 million,
an increase of Baht 448.11 million, or 31.66%, compared with fiscal year 2024. Net profit represented 56.06% of total
revenue. As a result, earnings per share (EPS) increased significantly from Baht 141.53 per share to Baht 186.34 per share,
representing an increase of 31.66%.
Capital Structure
Capital and Shareholding Structure
The Company’s registered capital consists of 10 million ordinary shares with a par value of Baht 100.00 per
share, totaling Baht 1,000.00 million. Initially, the Company received payment for shares at Baht 50.00 per share.
Subsequently, on 28 March 2014, the Company received an additional share payment of Baht 20.00 per share,
totaling Baht 200.00 million, funded by a budget transfer from the Tourism Authority of Thailand (TAT) in accordance
with the resolution of the TAT Board of Directors Meeting No. 3/2014 dated 26 March 2014. As a result, the paid-up
registered capital amounted to Baht 70.00 per share, totaling Baht 700.00 million.
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