G

Gulf Energy Development PCL
SET:GULF

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Gulf Energy Development PCL
SET:GULF
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Price: 64 THB Market Closed
Market Cap: 750.9B THB
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Income Statement

Earnings Waterfall
Gulf Energy Development PCL

Revenue
121.3B THB
Cost of Revenue
-98B THB
Gross Profit
23.3B THB
Operating Expenses
-3.8B THB
Operating Income
19.6B THB
Other Expenses
-519.8m THB
Net Income
19B THB

Income Statement
Gulf Energy Development PCL

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Income Statement
Currency: THB
Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024
Revenue
Revenue
241
N/A
241
+0%
605
+151%
2 048
+238%
4 350
+112%
7 742
+78%
11 353
+47%
14 301
+26%
17 181
+20%
20 300
+18%
23 424
+15%
27 304
+17%
30 040
+10%
31 354
+4%
31 983
+2%
31 522
-1%
32 827
+4%
33 994
+4%
37 463
+10%
41 489
+11%
47 467
+14%
59 060
+24%
70 822
+20%
82 550
+17%
94 151
+14%
99 936
+6%
109 489
+10%
113 277
+3%
114 054
+1%
119 241
+5%
118 276
-1%
121 307
+3%
Gross Profit
Cost of Revenue
(235)
(240)
(525)
(1 634)
(3 286)
(5 763)
(8 407)
(10 582)
(12 681)
(15 141)
(17 573)
(20 544)
(22 791)
(23 762)
(24 307)
(23 838)
(23 702)
(23 769)
(26 336)
(29 441)
(34 388)
(44 425)
(54 466)
(64 453)
(74 711)
(79 747)
(88 295)
(91 230)
(92 022)
(96 777)
(95 237)
(97 966)
Gross Profit
6
N/A
1
-80%
81
+6 608%
413
+414%
1 064
+157%
1 979
+86%
2 946
+49%
3 719
+26%
4 500
+21%
5 158
+15%
5 852
+13%
6 759
+16%
7 249
+7%
7 592
+5%
7 676
+1%
7 684
+0%
9 125
+19%
10 225
+12%
11 127
+9%
12 049
+8%
13 079
+9%
14 635
+12%
16 356
+12%
18 097
+11%
19 440
+7%
20 189
+4%
21 194
+5%
22 047
+4%
22 033
0%
22 463
+2%
23 038
+3%
23 341
+1%
Operating Income
Operating Expenses
(578)
(634)
(835)
(947)
(938)
(1 007)
(1 086)
(1 299)
(1 487)
(1 620)
(1 629)
(1 633)
(1 699)
(1 722)
(1 688)
(1 706)
(2 060)
(2 155)
(2 314)
(2 478)
(2 290)
(2 353)
(2 454)
(2 503)
(2 348)
(2 401)
(2 330)
(2 376)
(3 228)
(3 296)
(3 541)
(3 789)
Selling, General & Administrative
(594)
(655)
(860)
(991)
(957)
(1 050)
(1 115)
(1 309)
(1 490)
(1 625)
(1 639)
(1 643)
(1 713)
(1 769)
(1 737)
(1 758)
(2 080)
(2 169)
(2 322)
(2 483)
(2 297)
(2 365)
(2 472)
(2 526)
(2 955)
(3 145)
(3 432)
(3 621)
(3 915)
(3 946)
(3 925)
(4 037)
Other Operating Expenses
16
22
25
44
20
43
29
11
3
5
10
9
14
46
49
52
20
14
8
6
8
12
18
23
607
744
1 102
1 245
687
649
384
248
Operating Income
(572)
N/A
(632)
-11%
(754)
-19%
(533)
+29%
126
N/A
973
+669%
1 861
+91%
2 420
+30%
3 014
+25%
3 538
+17%
4 223
+19%
5 126
+21%
5 550
+8%
5 870
+6%
5 988
+2%
5 978
0%
7 065
+18%
8 070
+14%
8 812
+9%
9 571
+9%
10 789
+13%
12 282
+14%
13 902
+13%
15 594
+12%
17 092
+10%
17 788
+4%
18 864
+6%
19 671
+4%
18 805
-4%
19 167
+2%
19 497
+2%
19 552
+0%
Pre-Tax Income
Interest Income Expense
745
1 866
2 921
2 849
3 726
3 861
1 725
1 952
1 107
246
2 376
1 505
1 603
(1 057)
(800)
(1 183)
(813)
630
(1 103)
(1 326)
(1 276)
(157)
(1 561)
(3 630)
(1 639)
(1 500)
(338)
1 965
1 868
466
2 188
6 341
Total Other Income
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Pre-Tax Income
174
N/A
1 234
+610%
2 166
+76%
2 315
+7%
3 853
+66%
4 833
+25%
3 586
-26%
4 373
+22%
4 121
-6%
3 784
-8%
6 598
+74%
6 631
+0%
7 152
+8%
4 812
-33%
5 188
+8%
4 795
-8%
6 252
+30%
8 699
+39%
7 710
-11%
8 245
+7%
9 514
+15%
12 125
+27%
12 341
+2%
11 964
-3%
15 453
+29%
16 288
+5%
18 527
+14%
21 636
+17%
20 672
-4%
19 633
-5%
21 685
+10%
25 893
+19%
Net Income
Tax Provision
47
71
91
140
54
28
6
5
21
13
8
17
14
31
55
68
(107)
(261)
(95)
(206)
(347)
(653)
(992)
(1 474)
(1 344)
(1 083)
(1 140)
(797)
(658)
(787)
(775)
(537)
Income from Continuing Operations
221
1 305
2 257
2 455
3 907
4 861
3 591
4 377
4 141
3 796
6 607
6 648
7 166
4 843
5 243
4 863
6 144
8 438
7 615
8 039
9 167
11 472
11 349
10 490
14 109
15 205
17 387
20 839
20 015
18 846
20 911
25 356
Income to Minority Interest
197
84
3
(126)
(456)
(810)
(664)
(920)
(1 113)
(1 183)
(1 952)
(2 113)
(2 280)
(1 662)
(1 785)
(1 520)
(1 862)
(2 110)
(1 762)
(1 568)
(1 497)
(2 039)
(1 792)
(1 435)
(2 691)
(3 332)
(4 160)
(5 338)
(5 157)
(4 340)
(4 548)
(6 324)
Net Income (Common)
418
N/A
1 389
+233%
2 261
+63%
2 330
+3%
3 451
+48%
4 052
+17%
2 927
-28%
3 457
+18%
3 028
-12%
2 613
-14%
4 655
+78%
4 535
-3%
4 887
+8%
3 181
-35%
3 458
+9%
3 343
-3%
4 282
+28%
6 328
+48%
5 853
-7%
6 471
+11%
7 670
+19%
9 433
+23%
9 557
+1%
9 055
-5%
11 418
+26%
11 873
+4%
13 227
+11%
15 501
+17%
14 858
-4%
14 506
-2%
16 363
+13%
19 032
+16%
EPS (Diluted)
0.16
N/A
2.46
+1 438%
3.64
+48%
1.73
-52%
0.63
-64%
1.89
+200%
1.37
-28%
1.62
+18%
0.28
-83%
0.24
-14%
0.43
+79%
0.42
-2%
0.45
+7%
0.29
-36%
0.32
+10%
0.31
-3%
0.39
+26%
0.53
+36%
0.51
-4%
0.55
+8%
0.65
+18%
0.8
+23%
0.81
+1%
0.77
-5%
0.97
+26%
1.01
+4%
1.13
+12%
1.32
+17%
1.27
-4%
1.24
-2%
1.39
+12%
1.62
+17%

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