Tipco Asphalt Public Co. Ltd. · SET:TASCO
Tipco Asphalt Public — Q1 2023 Earnings Presentation
12 slides from Tipco Asphalt Public's earnings presentation, May 17, 2023
Slide 1: Tipco Asphalt Public Company Limited (TASCO) 2-2023 Opportunity Day
Tipco Asphalt Public Company Limited (TASCO) 2-2023 Opportunity Day (Q1 2023 Operational Results) 17th May 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 Q1 2023 Financial Performance 02 Q1 2023 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 ▪ Sales and services stood at Baht 8,465 million, reflecting an increase of 34.17% from Q1 2022. This was Unit: Mil. Tons 2023 2022 mainly attr
Slide 5: Operating Gross Profit
Financial Performance Highlights Outlook Operating Gross Profit Operating Gross Profit Average Ice Brent Unit: Mil. THB 2023 2022 Unit: USD/bbl. 4,361 111.8 97.4 97.8 88.6 82.2 1,741 2,046 1,049 807 459 Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1 2023 Q1 Q2 Q3 Q4 Year Gross Profit Margin • Gross profit stood
Slide 6: EBITDA and Net Profit
Financial Performance INTERNAL USE (NON-PUBLIC) - Tipco Asphalt PCL Highlights Outlook EBITDA and Net Profit • SG&A accounted for 3.5% of total sales and services. The Company is SG&A committed to control overhead expenses while improving the operating Unit: Mil. THB 2023 2022 %to sales 2023 %to sal
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: % 2023 2022 Unit: % 2023 2022 0.65 20.2 0.56 13.3 15.0 0.55 11.9 11.9 16.3 11.0 9.6 9.9 12.7 Q1 2022 Q4 2022 Q1 2023 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 1/ Return is based on
Slide 8: Q1 2023 Highlight
Financial Performance INTERNAL USE (NON-PUBLIC) - Tipco Asphalt PCL Highlights Outlook Q1 2023 Highlight Feedstock • Received 1 feedstock in Q1 2023 Domestic Market • Following disbursement of government budget, sales volume reached peak and selling price increased in Q1 2023 Construction • Gross pr
Slide 9: Q1 2023 Highlight - Asphalt Selling Price vs. Ice Brent
Financial Performance INTERNAL USE (NON-PUBLIC) - Tipco Asphalt PCL Highlights Outlook Q1 2023 Highlight - Asphalt Selling Price vs. Ice Brent Unit: USD/barrel Avg. asphalt selling price Avg. Ice Brent price 111.8 111.0 105.2 105.1 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
Slide 10: Sustainable Development (SD): Key Performance Indicators for Q1 2023
Financial Performance INTERNAL USE (NON-PUBLIC) - Tipco Asphalt PCL Highlights Outlook Sustainable Development (SD): Key Performance Indicators for Q1 2023 2023 KPI Q1 2023 Performance • GHG Emissions Intensity Reduction (Reduce more than 27%) 42.8% Eco-efficiency • Energy Intensity Reduction (Reduc
Slide 11: Outlook
Financial Performance INTERNAL USE (NON-PUBLIC) - Tipco Asphalt PCL Highlights Outlook Outlook • Maintain procurement plan of 4 cargos purchase in 2023 Feedstock • Plan to purchase additional 3 feedstock cargos in 2023 • Q2 2023 demand remains strong Domestic Market • Sales volume for international
Slide 12: 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 — Q1 2023 Earnings Presentation on 6ix