Page 209 - Thailand Post Annual Report 2024

Part 1
Overview of the Organization
Part 2
Business Trends
Part 3
Business Model
Part 4
Strategies and Resource Allocation
Part 5
Risk
Part 6
Corporate Governance
Part 7
Operating Results
Part 8
Other Information
25. (Loss) Earnings per Share
Basic (loss) earnings per share is calculated by dividing (loss) profit for the year attributable to equity holders of the Company (excluding other comprehensive income) by the weighted average number of ordinary shares in issue during the year.
The computation of basic (loss) earnings per share for the year ended December 31, is set forth as follows :
Consolidated Financial Statements
Separate Financial Statements
2024
2023
2024
2023
(Loss) Profit for the year (million baht)
Weighted average number of ordinary shares (million shares) Basic (loss) earnings per share (baht per share)
50.04 125.00 0.40
78.54 125.00 0.63
(150.16)
(186.85)
125.00
125.00
(1.20)
(1.49)
As at December 31, 2024 and 2023, the Company does not have any item causing diluted (loss) earnings per share.
26. Financial Instruments
26.1 Financial Risk Management Policy
The Group is subject to risks from its normal business operations due to changes in interest rates and from the non-compliance of counterparties in contractual requirements. The Group does not hold or use derivative financial instruments for speculation or trading purposes.
Risk management is an important part of the Group's business. The Group has a control system in place to ensure a balance of acceptable risk levels, considering between the costs incurred by risks and the costs of risk management. The management has continuously controlled the Group's risk management processes to ensure a balance between risk and risk control.
26.2 Interest Rate Risks
The Group is subject to significant interest rate risks related to bank deposits, funds for loans to associated businesses, funds overdrawn from financial institutions and lease liabilities. Most financial assets and liabilities have interest rates that rise and fall according to market rates or have fixed interest rates that are close to current market rates. Therefore, the Group's interest rate risks are low.
Annual Report 2024 207