Logotype for Thai Vegetable Oil Public Company Limited

Thai Vegetable Oil Public Company (TVO) Q4 2024 earnings summary

Event summary combining transcript, slides, and related documents.

Logotype for Thai Vegetable Oil Public Company Limited

Q4 2024 earnings summary

15 Sep, 2026

Executive summary

  • Revenue for the year ended 31 December 2024 was ฿30.85 billion, down from ฿34.54 billion year-over-year.

  • Net profit attributable to equity holders rose to ฿2.10 billion from ฿729.6 million year-over-year.

  • Total comprehensive income attributable to equity holders reached ฿2.14 billion, up from ฿733.7 million year-over-year.

Financial highlights

  • Sales declined to ฿30.60 billion from ฿34.19 billion year-over-year.

  • Operating profit increased to ฿2.66 billion from ฿945.7 million year-over-year.

  • Earnings per share rose to ฿2.36 from ฿0.82 year-over-year.

  • Cash and cash equivalents at year-end were ฿498.9 million, up from ฿409.0 million.

Outlook and guidance

  • Dividend paid during the year totaled ฿1.29 billion.

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