Tipco Asphalt Public Co. Ltd. · SET:TASCO
Tipco Asphalt Public — Q3 2022 Earnings Presentation
13 slides from Tipco Asphalt Public's earnings presentation, Nov 14, 2022
Slide 1: Tipco Asphalt Public Company Limited (TASCO) 4-2022 Opportunity Day
Tipco Asphalt Public Company Limited (TASCO) 4-2022 Opportunity Day (Q3 2022 Operational Results) 14th November 2022
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 Q3 2022 Financial Performance 02 Q3 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 ▪ Following continuation of the Company’s “selective market sales” strategy, total sales volume 2022 2021 Unit: Mil. Tons in Q3 2022 remained c
Slide 5: Operating Gross Profit
Financial Performance Highlights Outlook Operating Gross Profit Operating Gross Profit Average Ice Brent Unit: Mil. THB Unit: USD/bbl. 111.8 2022 2021 3,882 97.4 97.8 79.8 73.2 1,378 1,049 812 807 848 844 459 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Q3 2022 Q1 Q2 Q3 Q4 Year Gross Profit Margin • Despite decr
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 %to sales 2022 %to sales 2021 • Cashflow generated from operations stood at Baht 545 Unit: Mil. THB 2022 2021 million as compared to Baht 883 million in Q3 2021 5.9% 1
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 0.74 34.0 0.69 28.8 0.65 23.9 16.7 19.8 13.3 14.7 12.7 13.6 11.9 11.9 11.0 9.6 9.9 Q3 2021 Q2 2022 Q3 2022 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 1/
Slide 8: Q3 2022 Highlight
Financial Performance INTERNAL USE (NON-PUBLIC) - Tipco Asphalt PCL Highlights Outlook Q3 2022 Highlight Domestic Market International Market • Given that fact that 2022 government • Overall sales volume in international budget last until 30 September 2022, markets increased from that in Q2 2022 sal
Slide 9: Q3 2022 Highlight - Asphalt Selling Price vs. Ice Brent
Financial Performance INTERNAL USE (NON-PUBLIC) - Tipco Asphalt PCL Highlights Outlook Q3 2022 Highlight - Asphalt Selling Price vs. Ice Brent Unit: USD/barrel Avg. asphalt selling price Avg. Ice Brent price 111.8 105.2 97.4 106.2 89.0 97.8 85.4 84.5 80.1 80.1 92.7 74.9 76.0 70.1 67.2 71.4 71.2 68.1
Slide 10: Sustainable Development (SD): Key Performances in 2022
Financial Performance Highlights Outlook Sustainable Development (SD): Key Performances in 2022 With executions of our 3 SD strategies and 2 foundations, in 2022 we have achieved quite remarkable SD performances, meeting targets across most areas. Indicator Performance 2022-YTD 2022 Target Corporate
Slide 11: Achievements/ recognitions in 2022
Financial Performance Highlights Outlook Achievements/ recognitions in 2022 5 consecutive years Phitsanulok plant has been awarded the TASCO was awarded with Recognition for ‘Excellent’ Green Industry Award from the ISO31000:2018 guideline (5 stars) under the corporate Ministry of Industry Level 5,
Slide 12: Outlook
Financial Performance INTERNAL USE (NON-PUBLIC) - Tipco Asphalt PCL Highlights Outlook Outlook Domestic Market International Market • Sales volume in domestic market is • The Company continue to focus on driven by 2023 budget which is slightly selective sales market strategy higher than that in 2022
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 — Q3 2022 Earnings Presentation on 6ix