THE SHELL COMPANY OF THAILAND LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In determining the appropriate basis of preparation of the financial statements, the Directors are required to consider whether the Company can continue in operational existence over the period to 31 December 2026 (the 'going concern period'). The Directors have considered the potential risks and uncertainties relating to ongoing geo-political events and its related economic impact on the Company's business, credit, market, and liquidity position. Based on the above, together with the Directors knowledge and experience of the market, the Directors consider it appropriate to prepare the financial statements for the year ended 31 December 2024 on a going concern basis..”

Group structure

1. THE SHELL COMPANY OF THAILAND LIMITED · parent
   1. Thai Petroleum Pipeline Company Limited 14.87% · Thailand

Significant events

• “In 2021, Shell launched its strategy to become a net-zero emissions energy business by 2050. Shell's targets include those related to its own operations: halve Scope I and 2 emissions on a net basis under operational control by 2030, compared with 2016 baseline, achieve methane emissions intensity below 0.2% and achieve near-zero methane emissions by 2030, and eliminate routine gas flaring by 2025. This target was subject to the completion of the sale of The Shell Petroleum Development Company of Nigeria Limited (SPDC). With effect from 1 January 2025, SPDC ceased routine flaring. On 13 March 2025, Shell completed the sale of SPDC to Renaissance.”
• “Other income in year 2023 pertains to a sum of THB 449 Million settlement received from the Company's custom clearing agent, DB Schenker for breach of contract and negligence which resulted in a refusal of tax refund in the sum of THB 347 Million by the Customs Department.”
• “On 22 September 2025, the Company's board of Directors approved to distribute a final dividend of Baht 1,635 million to the shareholders of the Company, Shell Overseas Holding Limited. The dividend is expected to be paid in October 2025.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -3.1%

  £116,876,490,000 → £113,256,337,000

• Cash

  -50.8%

  £4,896,998,000 → £2,409,930,000

• Net assets

  -15.5%

  £25,273,064,000 → £21,359,421,000

• Employees

  +1.9%

  467 → 476

• Operating profit

  -24.6%

  £3,287,503,000 → £2,479,455,000

• Profit before tax

  -38.7%

  £2,758,766,000 → £1,690,788,000

• Wages

  +6%

  £1,657,519,000 → £1,757,600,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers