Namyong Terminal Public Company (NYT) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 2025 was THB 429.4 million, nearly flat year-over-year, with a net profit of THB 81 million, down from THB 146.8 million in Q1 2024.

• Operating profit declined to THB 132.2 million from THB 155.5 million year-over-year.

• Earnings per share dropped to THB 0.08 from THB 0.13 year-over-year.

Financial highlights

• Cash and cash equivalents increased to THB 429.6 million from THB 302.4 million at year-end 2024.

• Total assets rose to THB 6,849.1 million from THB 6,552.9 million at year-end 2024.

• Total liabilities increased to THB 3,319.9 million from THB 3,104.7 million at year-end 2024.

• Shareholders’ equity grew to THB 3,529.2 million from THB 3,448.2 million at year-end 2024.

• Investment properties increased to THB 1,777.5 million due to new acquisitions.

Outlook and guidance

• Dividend of THB 0.42 per share (total THB 520.8 million) approved for 2024 results, to be paid in Q2 2025.

• Concession agreement for A5 Terminal extended to April 2026, with no early termination expected.