Asefa Public Company (ASEFA) Q4 2024 earnings summary

Executive summary

• Total assets at year-end 2024 were ฿3,444 million, slightly up from ฿3,331 million in 2023.

• Total liabilities decreased to ฿1,566 million from ฿1,753 million year-over-year.

• Shareholders' equity increased to ฿1,879 million from ฿1,579 million, reflecting retained earnings and asset revaluation.

Financial highlights

• Revenue from sales and services was ฿3,149 million, down from ฿3,433 million year-over-year.

• Net profit attributable to equity holders was ฿70.4 million, a significant decrease from ฿168.4 million in 2023.

• Basic earnings per share dropped to ฿0.13 from ฿0.31 year-over-year.

• Dividend paid during the year totaled ฿100.7 million.

Outlook and guidance

• No explicit forward-looking statements or guidance provided in the financials.