PP PRIME Past Earnings Performance

Past criteria checks 0/6

PP PRIME has been growing earnings at an average annual rate of 37.1%, while the Food industry saw earnings growing at 11.9% annually. Revenues have been declining at an average rate of 14.9% per year.

Key information

37.1%

Earnings growth rate

73.5%

EPS growth rate

Food Industry Growth	17.6%
Revenue growth rate	-14.9%
Return on equity	-39.2%
Net Margin	-24.0%
Last Earnings Update	30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How PP PRIME makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SET:PPPM Revenue, expenses and earnings (THB Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 24	861	-207	179
30 Jun 24	966	-155	197
31 Mar 24	1,149	-153	229
31 Dec 23	1,304	-251	226
30 Sep 23	1,404	-236	245
30 Jun 23	1,465	-493	246
31 Mar 23	1,332	-509	243
31 Dec 22	1,196	-488	219
30 Sep 22	937	-513	193
30 Jun 22	796	-221	183
31 Mar 22	724	-184	158
31 Dec 21	650	-186	187
30 Sep 21	891	-362	212
30 Jun 21	1,101	-377	220
31 Mar 21	1,341	-399	258
31 Dec 20	1,618	-330	275
30 Sep 20	1,812	-722	311
30 Jun 20	1,936	-1,355	336
31 Mar 20	2,040	-1,419	342
31 Dec 19	2,133	-1,463	346
30 Sep 19	2,180	-834	326
30 Jun 19	2,167	-247	330
31 Mar 19	2,188	-137	318
31 Dec 18	2,107	-110	307
30 Sep 18	1,987	-187	327
30 Jun 18	1,963	-256	317
31 Mar 18	1,873	-263	306
31 Dec 17	1,845	-252	293
30 Sep 17	1,813	2	244
30 Jun 17	1,685	195	227
31 Mar 17	1,583	234	217
31 Dec 16	1,520	240	209
30 Sep 16	1,490	52	205
30 Jun 16	1,543	-26	205
31 Mar 16	1,626	-55	205
31 Dec 15	1,690	-37	198
30 Sep 15	1,879	4	217
30 Jun 15	2,014	14	216
31 Mar 15	2,084	6	221
31 Dec 14	2,153	-9	231
30 Sep 14	2,194	0	228
30 Jun 14	2,290	21	239
31 Mar 14	2,439	35	251
31 Dec 13	2,551	44	260

Quality Earnings: PPPM is currently unprofitable.

Growing Profit Margin: PPPM is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: PPPM is unprofitable, but has reduced losses over the past 5 years at a rate of 37.1% per year.

Accelerating Growth: Unable to compare PPPM's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PPPM is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (31.1%).

Return on Equity

High ROE: PPPM has a negative Return on Equity (-39.2%), as it is currently unprofitable.

PP PRIME Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Second quarter 2024 earnings released: ฿0.077 loss per share (vs ฿0.082 loss in 2Q 2023)

First quarter 2024 earnings released: EPS: ฿0.008 (vs ฿0.17 loss in 1Q 2023)

Full year 2023 earnings released: ฿0.022 loss per share (vs ฿0.075 loss in FY 2022)

Third quarter 2023 earnings released: ฿0.002 loss per share (vs ฿0.028 loss in 3Q 2022)

Second quarter 2023 earnings released: ฿0.004 loss per share (vs ฿0.02 loss in 2Q 2022)

First quarter 2023 earnings released: ฿0.009 loss per share (vs ฿0.033 loss in 1Q 2022)

Recent updates

New major risk - Financial position

PP PRIME Public Company Limited Announces Chief Financial Officer Changes

Second quarter 2024 earnings released: ฿0.077 loss per share (vs ฿0.082 loss in 2Q 2023)

Less than half of directors are independent

PP PRIME Public Company Limited Announces Board and Committee Changes, Effective August 1, 2024

First quarter 2024 earnings released: EPS: ฿0.008 (vs ฿0.17 loss in 1Q 2023)

PP PRIME Public Company Limited Announces Board and Committee Changes

PP PRIME Public Company Limited, Annual General Meeting, Apr 29, 2024

Full year 2023 earnings released: ฿0.022 loss per share (vs ฿0.075 loss in FY 2022)

PP PRIME Public Company Limited announced that it expects to receive THB 40 million in funding from Advance Capital Partners Asset Management Private Limited, ZICO Asset Management Pte. Ltd.

PP Prime Public Company Limited Appoints Lt. Gen. Krisana Waropas as Vice Chairman of the Board of Directors

Third quarter 2023 earnings released: ฿0.002 loss per share (vs ฿0.028 loss in 3Q 2022)

Second quarter 2023 earnings released: ฿0.004 loss per share (vs ฿0.02 loss in 2Q 2022)

PP PRIME Public Company Limited Announces Resignation of Phatcharada Jutaprateep as Company Secretary

First quarter 2023 earnings released: ฿0.009 loss per share (vs ฿0.033 loss in 1Q 2022)

Third quarter 2022 earnings released: ฿0.028 loss per share (vs ฿0.003 profit in 3Q 2021)

High number of new directors

PP PRIME Public Company Limited announced that it expects to receive THB 20 million in funding from Advance Capital Partners Asset Management Private Limited, ZICO Asset Management Pte. Ltd.

Kannawaen acquired Two Power plant projects in Japan from PP PRIME Public Company Limited (SET:PPPM).

Second quarter 2022 earnings released: ฿0.02 loss per share (vs ฿0.036 loss in 2Q 2021)

First quarter 2022 earnings released: ฿0.033 loss per share (vs ฿0.11 loss in 1Q 2021)

High number of new and inexperienced directors

PP PRIME Public Company Limited, Annual General Meeting, Apr 29, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

High number of new and inexperienced directors

High number of new directors

Third quarter 2021 earnings released: EPS ฿0.01 (vs ฿0.011 loss in 3Q 2020)

Second quarter 2021 earnings released: ฿0.04 loss per share (vs ฿0.068 loss in 2Q 2020)

PP PRIME Public Company Limited has completed a Follow-on Equity Offering in the amount of THB 143.504996 million.

First quarter 2021 earnings released: ฿0.11 loss per share (vs ฿0.009 loss in 1Q 2020)

PP PRIME Public Company Limited, Annual General Meeting, Apr 30, 2021

Full year 2020 earnings released

New 90-day high: ฿0.42

PP PRIME Public Company Limited Announces Board Resignations

Chief Administrative Office, Chief Strategic Officer & Director has left the company

Chief Compliance Officer, Corporate Secretary & Director has left the company

Third quarter 2020 earnings released: ฿0.011 loss per share

PP PRIME Public Company Limited Replaces Phatranit Sinka with Suthawut Navikapan as Supervisor of Accounting, with Effect from October 1, 2020

New 90-day high: ฿0.41

New 90-day low - ฿0.34

First half earnings released

PP PRIME Public Company Limited Appoints M.L. Phanpiengduen Sungkahapong as the Chief Executive Officer, effective August 1, 2020

PP Prime Public Company Limited Announces Resignation of Waroon Attakorn as Chief Executive Officer, Effective 31 July 2020

Revenue & Expenses Breakdown

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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