Reported Earnings • Feb 25
Full year 2025 earnings released: ฿0.062 loss per share (vs ฿0.13 loss in FY 2024) Full year 2025 results: ฿0.062 loss per share (improved from ฿0.13 loss in FY 2024). Revenue: ฿248.9m (down 37% from FY 2024). Net loss: ฿69.8m (loss narrowed 52% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. 공지 • Feb 23
Bangsaphan Barmill Public Company Limited, Annual General Meeting, Apr 27, 2026 Bangsaphan Barmill Public Company Limited, Annual General Meeting, Apr 27, 2026, at 13:00 SE Asia Standard Time. Location: of 28/1 prapawit building, 7th floor, surasak road, silom, bangrak, bangkok Thailand Reported Earnings • Nov 11
Third quarter 2025 earnings released: ฿0.011 loss per share (vs ฿0.027 loss in 3Q 2024) Third quarter 2025 results: ฿0.011 loss per share (improved from ฿0.027 loss in 3Q 2024). Revenue: ฿301.0k (down 100% from 3Q 2024). Net loss: ฿12.0m (loss narrowed 60% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 14
Second quarter 2025 earnings released: ฿0.01 loss per share (vs ฿0 in 2Q 2024) Second quarter 2025 results: ฿0.01 loss per share (further deteriorated from ฿0 in 2Q 2024). Revenue: ฿129.1m (down 33% from 2Q 2024). Net loss: ฿11.4m (loss widened ฿10.8m from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance. Reported Earnings • May 15
First quarter 2025 earnings released: ฿0.008 loss per share (vs ฿0.005 loss in 1Q 2024) First quarter 2025 results: ฿0.008 loss per share (further deteriorated from ฿0.005 loss in 1Q 2024). Revenue: ฿119.2m (up 11% from 1Q 2024). Net loss: ฿9.25m (loss widened 56% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance. 공지 • Mar 24
Bangsaphan Barmill Public Company Limited Announces Demise of Surasak Riangkrul as Independent Director and Audit Committee Bangsaphan Barmill Public Company Limited announced demise of Surasak Riangkrul as Independent Director and Audit Committee. Expire Date is March 21, 2025. Terminate Reason is Passed away. The Audit Committee is consisted of: CHAIRMAN OF THE AUDIT COMMITTEE as Mr.KOMKRIS PRACHAKRIS; AUDIT COMMITTEE as Mr.TAWAT POLQUAMDEE; SECRETARY OF THE AUDIT COMMITTEE MS.Siriluk Charoensrimaporn. Reported Earnings • Feb 26
Full year 2024 earnings released: ฿0.13 loss per share (vs ฿0.042 loss in FY 2023) Full year 2024 results: ฿0.13 loss per share (further deteriorated from ฿0.042 loss in FY 2023). Revenue: ฿402.0m (down 33% from FY 2023). Net loss: ฿145.8m (loss widened 203% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance. 공지 • Feb 25
Bangsaphan Barmill Public Company Limited, Annual General Meeting, Apr 28, 2025 Bangsaphan Barmill Public Company Limited, Annual General Meeting, Apr 28, 2025, at 13:00 SE Asia Standard Time. Location: the meet up fl.2 svl house bldg. 35 surasak rd., bangrak, bangkok 10500 Thailand Reported Earnings • Nov 14
Third quarter 2024 earnings released: ฿0.027 loss per share (vs ฿0.006 loss in 3Q 2023) Third quarter 2024 results: ฿0.027 loss per share (further deteriorated from ฿0.006 loss in 3Q 2023). Revenue: ฿67.4m (down 49% from 3Q 2023). Net loss: ฿30.0m (loss widened 316% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 14
Second quarter 2024 earnings released: ฿0.001 loss per share (vs ฿0.026 loss in 2Q 2023) Second quarter 2024 results: ฿0.001 loss per share (improved from ฿0.026 loss in 2Q 2023). Revenue: ฿192.3m (up 44% from 2Q 2023). Net loss: ฿540.0k (loss narrowed 98% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance. Reported Earnings • May 09
First quarter 2024 earnings released: ฿0.005 loss per share (vs ฿0.002 loss in 1Q 2023) First quarter 2024 results: ฿0.005 loss per share (further deteriorated from ฿0.002 loss in 1Q 2023). Revenue: ฿114.5m (down 57% from 1Q 2023). Net loss: ฿5.91m (loss widened 112% from 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance. New Risk • Mar 15
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 8.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 35% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (134% payout ratio). Share price has been volatile over the past 3 months (8.9% average weekly change). Market cap is less than US$100m (฿1.01b market cap, or US$28.2m). 공지 • Feb 20
Bangsaphan Barmill Public Company Limited, Annual General Meeting, Apr 22, 2024 Bangsaphan Barmill Public Company Limited, Annual General Meeting, Apr 22, 2024, at 13:00 SE Asia Standard Time. Location: main meeting room of 28/1 Prapawit Building, 7th floor Surasak Road, Silom Bangkok Thailand Agenda: To certify the minute for the Annual General Meeting of Shareholders for the year 2023 held on April 24, 2023; to acknowledge the report of the board of directors for the year 2023; and to consider other matters. Reported Earnings • Feb 20
Full year 2023 earnings released Full year 2023 results: Revenue: ฿611.8m (down 43% from FY 2022). Net loss: ฿48.2m (down ฿49.4m from profit in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 07
Third quarter 2023 earnings released: ฿0.006 loss per share (vs ฿0.013 loss in 3Q 2022) Third quarter 2023 results: ฿0.006 loss per share (improved from ฿0.013 loss in 3Q 2022). Revenue: ฿131.1m (down 32% from 3Q 2022). Net loss: ฿7.21m (loss narrowed 52% from 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 08
Second quarter 2023 earnings released: ฿0.026 loss per share (vs ฿0.015 profit in 2Q 2022) Second quarter 2023 results: ฿0.026 loss per share (down from ฿0.015 profit in 2Q 2022). Revenue: ฿133.6m (down 62% from 2Q 2022). Net loss: ฿29.6m (down 278% from profit in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance. Reported Earnings • May 10
First quarter 2023 earnings released: ฿0.002 loss per share (vs ฿0.01 profit in 1Q 2022) First quarter 2023 results: ฿0.002 loss per share (down from ฿0.01 profit in 1Q 2022). Revenue: ฿264.0m (down 24% from 1Q 2022). Net loss: ฿2.79m (down 126% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Reported Earnings • Feb 23
Full year 2022 earnings released: EPS: ฿0.001 (vs ฿0.064 in FY 2021) Full year 2022 results: EPS: ฿0.001 (down from ฿0.064 in FY 2021). Revenue: ฿1.09b (down 21% from FY 2021). Net income: ฿1.26m (down 98% from FY 2021). Profit margin: 0.1% (down from 5.2% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 6 experienced directors. 2 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Chairman Charin Hansuebsai was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Nov 08
Third quarter 2022 earnings released: ฿0.013 loss per share (vs ฿0.001 profit in 3Q 2021) Third quarter 2022 results: ฿0.013 loss per share (down from ฿0.001 profit in 3Q 2021). Revenue: ฿194.2m (down 22% from 3Q 2021). Net loss: ฿14.9m (down ฿16.2m from profit in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Upcoming Dividend • Aug 12
Upcoming dividend of ฿0.02 per share Eligible shareholders must have bought the stock before 19 August 2022. Payment date: 07 September 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 10%. Within top quartile of Thai dividend payers (5.5%). Higher than average of industry peers (8.5%). Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 6 experienced directors. 2 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Chairman Charin Hansuebsai was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Feb 22
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: ฿0.06 (down from ฿0.075 in FY 2020). Revenue: ฿1.40b (down 9.4% from FY 2020). Net income: ฿72.1m (down 14% from FY 2020). Profit margin: 5.2% (down from 5.5% in FY 2020). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 3.9%. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 09
Third quarter 2021 earnings released: EPS ฿0.001 (vs ฿0.013 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ฿256.2m (down 33% from 3Q 2020). Net income: ฿1.37m (down 91% from 3Q 2020). Profit margin: 0.5% (down from 3.8% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Sep 13
Investor sentiment improved over the past week After last week's 16% share price gain to ฿1.68, the stock trades at a trailing P/E ratio of 19.1x. Average trailing P/E is 7x in the Metals and Mining industry in Thailand. Total returns to shareholders of 77% over the past three years. Upcoming Dividend • Aug 13
Upcoming dividend of ฿0.05 per share Eligible shareholders must have bought the stock before 20 August 2021. Payment date: 08 September 2021. Trailing yield: 6.8%. Within top quartile of Thai dividend payers (5.0%). Higher than average of industry peers (4.2%). Reported Earnings • Aug 11
Second quarter 2021 earnings released: EPS ฿0.022 (vs ฿0.016 in 2Q 2020) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: ฿376.2m (down 14% from 2Q 2020). Net income: ฿24.3m (up 37% from 2Q 2020). Profit margin: 6.5% (up from 4.0% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • May 17
Investor sentiment deteriorated over the past week After last week's 21% share price decline to ฿1.68, the stock trades at a trailing P/E ratio of 20.5x. Average trailing P/E is 17x in the Metals and Mining industry in Thailand. Total returns to shareholders of 65% over the past three years. Reported Earnings • May 12
First quarter 2021 earnings released: EPS ฿0.036 (vs ฿0.029 in 1Q 2020) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: ฿553.5m (up 31% from 1Q 2020). Net income: ฿40.8m (up 24% from 1Q 2020). Profit margin: 7.4% (down from 7.8% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment improved over the past week After last week's 16% share price gain to ฿1.49, the stock trades at a trailing P/E ratio of 19.9x. Average trailing P/E is 18x in the Metals and Mining industry in Thailand. Total returns to shareholders of 39% over the past three years. Reported Earnings • Feb 24
Full year 2020 earnings released: EPS ฿0.07 (vs ฿0.043 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: ฿1.57b (down 24% from FY 2019). Net income: ฿84.0m (up 73% from FY 2019). Profit margin: 5.3% (up from 2.3% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 9% per year. Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment improved over the past week After last week's 18% share price gain to ฿1.10, the stock is trading at a trailing P/E ratio of 18x, up from the previous P/E ratio of 15.2x. This compares to an average P/E of 17x in the Metals and Mining industry in Thailand. Total return to shareholders over the past three years is a loss of 7.7%. Is New 90 Day High Low • Feb 08
New 90-day high: ฿1.05 The company is up 24% from its price of ฿0.85 on 10 November 2020. The Thai market is up 17% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 39% over the same period. Is New 90 Day High Low • Dec 16
New 90-day high: ฿1.01 The company is up 22% from its price of ฿0.83 on 16 September 2020. The Thai market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 17% over the same period. Is New 90 Day High Low • Nov 25
New 90-day high: ฿0.88 The company is up 2.0% from its price of ฿0.86 on 27 August 2020. The Thai market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 6.0% over the same period. Reported Earnings • Nov 11
Third quarter 2020 earnings released: EPS ฿0.013 The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: ฿381.9m (down 28% from 3Q 2019). Net income: ฿14.6m (up 4.7% from 3Q 2019). Profit margin: 3.8% (up from 2.6% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.