Millcon Steel PCL (BKK:MILL-R) Net Income: ฿-568 Mil (TTM As of Sep. 2025)

What is Millcon Steel PCL Net Income?

Millcon Steel PCL BKK:MILL-R Net Income is ฿-568 Mil as of Sep. 2025. The stock has 8 warning signs investors should review.

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Millcon Steel PCL's Net Income for the three months ended in Sep. 2025 was ฿-164 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2025 was ฿-568 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Millcon Steel PCL's Earnings per Share (Diluted) for the three months ended in Sep. 2025 was ฿-0.02.

Millcon Steel PCL (BKK:MILL-R) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Millcon Steel PCL's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 2025 is calculated as

Earnings per Share (Diluted) (Q: Sep. 2025 )	=	(Net Income	-	Preferred Dividends)	/	Shares Outstanding (Diluted Average)
	=	(-164.261	-	0)	/	8022.181
	=	-0.02

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.

Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.

Millcon Steel PCL Net Income Related Terms

Millcon Steel PCL Net Income Historical Data

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The historical data trend for Millcon Steel PCL's Net Income can be seen below:

Millcon Steel PCL Net Income Chart

Millcon Steel PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Income

Get a 7-Day Free Trial

-25.37

-191.24

376.36

158.38

-940.89

Millcon Steel PCL Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Mar25	Jun25	Sep25
Net Income	Get a 7-Day Free Trial															-1,550.11	-2,985.64	-323.65	-79.69	-164.26

Millcon Steel PCL Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Millcon Steel PCL's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

	Net Income		(A: Dec. 2023 )
=	Pre-Tax Income	+	Tax Provision	+	Net Income (Discontinued Operations)	+	Others
=	-953.297	+	0.354	+	0	+	12.054
=	-941

Millcon Steel PCL's Net Income for the quarter that ended in Sep. 2025 is calculated as

	Net Income		(Q: Sep. 2025 )
=	Pre-Tax Income	+	Tax Provision	+	Net Income (Discontinued Operations)	+	Others
=	-176.974	+	0.214	+	0	+	12.499
=	-164

Net Income for the trailing twelve months (TTM) ended in Sep. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿-568 Mil.

Frequently Asked Questions Learn more about Net Income →

What does a Net Income of ฿-568 Mil mean?

Millcon Steel PCL (BKK:MILL-R) has a Net Income of ฿-568 Mil as of Sep. 2025. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Millcon Steel PCL and its competitors.

Is Millcon Steel PCL's Net Income too high?

Millcon Steel PCL's current Net Income is ฿-568 Mil.

How does Millcon Steel PCL's Net Income compare to NUE and STLD?

Millcon Steel PCL's Net Income of ฿-568 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Net Income for a Steel company?

A good Net Income depends on the Steel industry context. However, Net Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Net Income mean?

A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Millcon Steel PCL and its competitors. Millcon Steel PCL's current Net Income is ฿-568 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Millcon Steel PCL stock overvalued right now?

Millcon Steel PCL (BKK:MILL-R) has a current Net Income of ฿-568 Mil. The current Net Income is ฿-568 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Net Income calculated?

Net Income is calculated from a company's financial statements. For Millcon Steel PCL (BKK:MILL-R), the current Net Income is ฿-568 Mil as of Sep. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Millcon Steel PCL Business Description

Industry Basic Materials Steel

Comparable Companies BKK:CSP BKK:PERM BKK:STOWER BKK:RWI BKK:TGPRO BKK:SAM BKK:SAF BKK:TWP BKK:CEN BKK:UEC NUE XAMS:MT STLD BOM:500228 NSE:TATASTEEL RS TSE:5401 SHSE:600019 XKRX:005490 SHSE:600010

Other Exchanges MILL:Thailand

Address Banggradee Road, Samaedum, No. 9,11,13 Soi Banggradee 32, Samaedam Sub-district, Bangkhunthian District, Bangkok, THA, 10150

Website https://www.millconsteel.com

Millcon Steel PCL principal activity is manufacturing and trading of steel. The reportable segments of the company are the Manufacturing segment and Trading segment. The company generates majority of revenue from Manufacturing segment. The vast majority of its revenue comes from the Domestic Market. Its products and services are REINFORCING STEEL BARS, ROUND STEEL BARS, REINFORCING STEEL BARS (THREADED TYPE), WIRE, STEEL PIPE, C-SHAPED STEEL, GALVANIZED STEEL.