Tipco Asphalt Public Co. Ltd. · SET:TASCO
Tipco Asphalt Public — FY2022 Earnings Presentation
13 slides from Tipco Asphalt Public's earnings presentation, Feb 23, 2023
Slide 1: Tipco Asphalt Public Company Limited (TASCO) 1-2023 Opportunity Day
Tipco Asphalt Public Company Limited (TASCO) 1-2023 Opportunity Day (2022 Operational Results) 23rd February 2023
Slide 2: Disclaimer
Disclaimer This presentation material has been prepared solely for informational purposes only. TASCO is furnishing it solely for use by prospective investors / analysts in the proposed event. TASCO makes no representations or warranties as to the accuracy or completeness of such information. By acc
Slide 3: Agenda
Agenda 01 2022 Financial Performance 02 2022 Highlights 03 Outlook 04 Q&A
Slide 4: Sales & Services Revenue & Sales Volume
Financial Performance INTERNAL USE (NON-PUBLIC) - Tipco Asphalt PCL Highlights Outlook Sales & Services Revenue & Sales Volume Asphalt Business Sales Volume ▪ Total sales volume slightly decreased comparing with 2021 due to the shortage of feedstocks in the first Unit: Mil. Tons 2022 2021 half of 20
Slide 5: Operating Gross Profit
Financial Performance Highlights Outlook Operating Gross Profit Operating Gross Profit Average Ice Brent Unit: Mil. THB 2022 2021 Unit: USD/bbl. 4,361 111.8 3,882 97.4 97.8 88.6 79.8 2,046 1,378 812 1,049 807 848 844 459 Q4 2021 Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1 Q2 Q3 Q4 Year • Gross profit stood a
Slide 6: Effective Cost Control and strong EBITDA
Financial Performance INTERNAL USE (NON-PUBLIC) - Tipco Asphalt PCL Highlights Outlook Effective Cost Control and strong EBITDA SG&A 2022 2021 %to sales 2022 %to sales 2021 • Cashflow generated from operations stood at Baht 4,525 million as Unit: Mil. THB 5.4% 4.9% 5.9% compared to the Baht 4,009 mi
Slide 7: Key Ratios and Historical Dividend
Financial Performance Highlights Outlook Key Ratios and Historical Dividend Debt/Equity Ratio Return on Equity1/ Return on Asset2/ Unit: % 2022 2021 Unit: % 2022 2021 0.65 34.0 28.8 23.9 0.56 0.56 16.7 15.0 14.7 19.8 13.3 12.7 13.6 11.9 11.9 11.0 9.6 9.9 12.7 Q4 2021 Q3 2022 Q3 2022 Q1 Q2 Q3 Q4 Q1 Q
Slide 8: Q4 2022 Highlight
Financial Performance INTERNAL USE (NON-PUBLIC) - Tipco Asphalt PCL Highlights Outlook Q4 2022 Highlight Domestic Market • Started to enter into high paving season in Q4 International Market 2022 • Certain international markets, e.g., Vietnam and Indonesia entered peak season in Q4 2022 Construction
Slide 9: Q4 2022 Highlight - Asphalt Selling Price vs. Ice Brent
Financial Performance INTERNAL USE (NON-PUBLIC) - Tipco Asphalt PCL Highlights Outlook Q4 2022 Highlight - Asphalt Selling Price vs. Ice Brent Unit: USD/barrel Avg. asphalt selling price Avg. Ice Brent price 111.8 105.2 105.1 97.4 106.2 89.0 85.4 84.5 97.8 80.1 80.1 92.7 74.9 76.0 88.6 70.1 67.2 71.
Slide 10: Sustainable Development (SD): Key Performances in 2022
Financial Performance INTERNAL USE (NON-PUBLIC) - Tipco Asphalt PCL Highlights Outlook Sustainable Development (SD): Key Performances in 2022 “Innovative Solutions for Sustainable Living of all Societies.” Innovation Leader Eco-efficiency Safety Awareness 2022KPI Target zero Corporate innovation cul
Slide 11: Award and recognition in 2022
Financial Performance INTERNAL USE (NON-PUBLIC) - Tipco Asphalt PCL Highlights Outlook Award and recognition in 2022 Disclosure/ labor/Governance Environment Social Sustainability Disclosure Award (Thaipat Institute) for 4th consecutive years Green Industry Award National Occupational Safety and Hea
Slide 12: Outlook
Financial Performance INTERNAL USE (NON-PUBLIC) - Tipco Asphalt PCL Highlights Outlook Outlook Feedstock • Plan to purchase 4 feedstock cargo same as in 2022 Domestic Market International Market • Sales volume in domestic market continue reach peak in Q1 2023 • Additional government budget for road
Slide 13: Thank you
INTERNAL USE (NON-PUBLIC) - Tipco Asphalt PCL Thank you Phone Number +662 273 6642 Any queries, please contact us! Email Address investors@tipcoasphalt.com Website www.tipcoasphalt.com
Tipco Asphalt Public Company — FY2022 Earnings Presentation on 6ix