Page 102 - Tata Steel One Report 2024-Eng-Ebook HY

Business Operation and Performance Driving Business Towards Sustainability Corporate Governance Policy Financial Statements Attachments
The analysis of major items of the financial statement is as follows:
1) Revenue from sales and related services and other income
Line of Products
FY25
FY24
Thousand Ton
Million Baht
%
Thousand Ton
Million Baht
%
Rebars
793
15,931
64
744
15,726
64
Wire Rods
383
8,367
34
352
8,102
33
Small Section
14
357
1
21
561
2
Others
5
326
1
3
300
1
Total revenues from sales and related services
1,195
24,981
100
1,120
24,689
100
Million Baht
FY25
FY24
Change %
Revenue from sales and related services
24,981
24,689
1
Dividend income from equity investments measured at fair value through other comprehensive income
38
36
6
Interest income
22
16
38
Compensation from insurance companies
3
50
(94)
Gain on disposal of idle assets held for sale
-
220
(100)
Gain on disposal of land and equipment
260
-
100
Others
27
30
(10)
Total Revenue
25,331
25,041
1
Total revenue of the group during FY25 was higher than previous year’s, mainly due to higher sales volume. Total revenue for FY25 included a gain on disposal of unused land and equipment Baht 260 million.
2) Gross profit
3) Distribution cost and administrative
Million Baht
expenses
Million Baht
FY25
FY24
Change %
Gross profit
684
439
56
FY25
FY24
Change %
Distribution cost and administrative expenses
596
682
(13)
The gross profit margin stood at Baht 684 million or 2.74% of revenue from sales as compared to Baht 439 million or 1.78% of revenue from sales in the previous year, an increase mainly from higher sales volume.
The Distribution cost and administrative expenses was lower than last year’s due to lower bonus to the employees, and lower tax penalty and surcharge. This was partly offset by higher IT related expenses.
100 Tata Steel (Thailand) Public Company Limited