Namyong Terminal Public Company (NYT) Q4 2025 earnings summary

Executive summary

• Consolidated revenue reached Baht 2,088.5 million for 2025, up from Baht 1,715.1 million in 2024, driven by port and related services, warehouse, and rental income.

• Net profit attributable to equity holders was Baht 617.8 million, a 24% increase year-over-year; basic EPS rose to Baht 0.50 from Baht 0.40.

• The company declared a total dividend of Baht 0.42 per share for 2025, totaling Baht 520.8 million.

Financial highlights

• Revenue from port and related services was Baht 1,241.6 million, with warehouse and rental income at Baht 351.8 million and Baht 170.2 million, respectively.

• Operating profit increased to Baht 862.2 million from Baht 591.8 million year-over-year.

• Total assets stood at Baht 7,003.5 million, and total equity at Baht 3,486.5 million as of year-end 2025.

• Cash and cash equivalents at year-end were Baht 214.7 million, down from Baht 302.4 million.

• Dividend income from associate was Baht 124.5 million.

Outlook and guidance

• The port concession agreement with the Port Authority of Thailand was extended to April 2026, with management preparing for a new bidding process.

• The company expects to maintain compliance with loan covenants and has received waivers for any temporary breaches.

• A final dividend of Baht 0.50 per share for 2025 is proposed, pending shareholder approval.