Thai Optical Group Public Co. Ltd. · SET:TOG
Thai Optical Group Public — Q3 2025 Earnings Presentation
34 slides from Thai Optical Group Public's earnings presentation, 2025
Slide 1: Opportunity Day Q3/2025
Aree ity Day = = a hon =) 2. 2. =)
Slide 2: Disclaimer
Disclaimer The following presentation may contain forward looking statements by the Management Team of Thai Optical Group Public Company Limited (the Company), related to financial or other tendency for future periods, compared with the results for previous periods. Some of the statements contained
Slide 3: Agenda
Agenda Corporate Overview Financial & Operational Performance Q 3/2025 Sustainability Development
Slide 4: About Us
About Us THAI OPTICAL GROUP PUBLIC COMPANY LIMITED (TOG) Exceptional craftsmanship, powered by innovation, built on over 70 years of expertise in manufacturing and delivering high-quality and affordable lenses to the world TOG is one of the leading, global, INDEPENDENT lens manufacturers, focused on
Slide 5: Our Vision and Mission
Our Vision and Vision Mission We endeavor to remain one of the leading quality ophthalmic lens manufacturers among the global supply, in terms of profitability, innovation, value creation, growth for stakeholders and social responsibility. Mission To become a leading, sustainable, independent manufa
Slide 6: Corporate Values
Corporate Values " WE CRAFT BETTER VISION SOLUTIONS "
Slide 7: Corporate Overview
Corporate Overview TOG is a spectacle lens manufacturer with strong track record 70 years history. We serve business customers both in Thailand and internationally, across 50 countries, over 6 continents.
Slide 8: Product Group
Product Group We offer a wide variety of lens materials designed to correct refractive errors, causing impaired vision both nearsightedness and farsightedness, astigmatism and presbyopia. Standard Lenses Value-Added Lenses: Casting Lens Prescription Lenses : Rx Other Products & Services : Casting le
Slide 9: Over 70 Years of Experience in the Ophthalmic Lens Business
Over 70 Years Of Experience In The Ophthalmic Lens Business
Slide 10: Business Overview
Business Overview TOG offers a wide variety of lens materials designed to correct refractive errors, causing impaired vision both near-sightedness and far-sightedness, astigmatism and presbyopia. High refractive indexes and special materials: 1.60, 1.60 Value-Added Standard Lenses Refractive index M
Slide 11: TOG's Integrated Business Model
TOG’S Integrated Business Model TOG aims to be a manufacturer of ophthalmic lens providing all flexible solutions for clients.
Slide 12: Vertical Integration
Domestic Vertical Integration LENS MANUFACTURER DISTRIBUTOR RETAILER International Integrated Lens Manufacturer GLASS MOULD CASTING RX AUTOMATION GLAZING SERVICES
Slide 13: Product Segments
Product Segments Your all-in-one partner for comprehensive ophthalmic lens solutions
Slide 14: Brand Portfolio
| Brand Portfolio Lens Designs TOG ‘Advanced Single Vision Lens TOG Conventional Progressive Lens corse Oven peed aad Tos Conventional Progressive Lens PROGRES [) PROGRES ‘Sun Filter Lens TOG ‘Sun Filter & Polarized Lens SHRQE SHOE SHEDE Coating To Freeform Progressive Lens feign frugon fren TOG Occ
Slide 15: Agenda
Agenda Corporate Overview FFinancial inancial & & O Operational perational Performance Performance Q 3/2025 Sustainability Development
Slide 16: Financial & Operational Performance
Financial & Operational Performance
Slide 17: Q3/2025 Results – Consolidated (YTD)
Q3/2025 Results – Consolidated (YTD) Revenue from Gross profits Net Income sales and 514 MB 221 MB services -13% YTD -26% YTD 2,579 MB EBIT EBITDA -1.2% YTD 274 MB 488 MB -25% YTD -8.4% YTD
Slide 18: Q3/2025 Results – Consolidated
Q3/2025 Results – Consolidated Unit: THB million YTD % QoQ % YoY % Revenue from 2,579 1.2% 828 3.90% 828 2.06% sales and services Gross profits 514 13% 161 13.90% 161 17.42% Net Income 221 26% 81 94.70% 81 19.46% EBIT 274 25% 96 56.30% 96 13.60% EBITDA 488 8.4% 170 25.50% 170 21.00%
Slide 19: Historical Financial Summary
Historical Financial Summary Unit: THB million Q1/20 Q2/20 Q3/20 Q4/20 Q1/21 Q2/21 Q3/21 Q4/21 Q1/22 Q2/22 Q3/22 Q4/22 Q1/23 Q2/23 Q3/23 Q4/23 Q1/24 Q2/24 Q3/24 Q4/24 Q1/25 Q2/25 Q3/25 Sales 450 222 531 618 576 572 547 663 643 676 751 821 711 654 773 821 835 931 845 822 890 861 828 Gross Profit 69 (
Slide 20: Financial Performance – YoY
Financial Performance – YoY Unit: THB million Unit: USD million 845 828 Sales - Revenue 773 25.8 751 24.3 22.1 20.8 531 547 17.0 16.8 177 173 195 161 111 59 106 116 21 51 68 81 Q3/20 Q3/20 Q3/21 Q3/21 Q3/22 Q3/22 Q3/23 Q3/23 Q3/24 Q3/24 Q3/25 Q3/25 Q3/20 Q3/21 Q3/20 Q3/21 Q3/22 Q3/22 Q3/23 Q3/23 Q3/
Slide 21: Financial Performance – YTD
Financial Performance – YTD Unit: THB million Unit: USD million Sales - Revenue 78.2 2,611 2,579 73.3 2,138 60.1 62.3 2,070 54.3 1,694 38.6 1,204 565 591 514 479 411 130 6 234 301 336 298 221 9M/20 9M/20 9M/21 9M/21 9M/22 9M/22 9M/23 9M/23 9M/24 9M/24 9M/25 9M/25 9M/20 9M/21 9M/20 9M/21 9M/22 9M/22
Slide 22: Business by Geography (Q3'2025)
Business by Geography (Q3’2025) Asia Pacific 15% 393 14% 15% 346 317 17% 15% 15% 127 126 124 9M/2023 9M/2024 9M/2025 Q3/2023 Q3/2024 Q3/2025 Americas 38% Europe 23% Asia Pacific 16% Middle East and Africa 3% Australia and New Zealand 20%
Slide 23: Sales Proportion By Region
Sales Proportion By Region 26% 30 % 32% 38 % 38 % 20 % 19 % 21% Americas 18% 19% Asia & Africa Australia & New Zealand 28% Europe 24% 27% 25% 20 % 26% 25 % 22 % 23% 19 % 2023 2024 Q3/23 Q3/24 Q3/25
Slide 24: Sales Proportion By Product
Sales Proportion By Product 9% 8% 8% 8% 9% 39% 38% 44% 45% 45 % High value-added Others 20-30% margin Rx Value-added 28% 30 % 24 % 23 % 25% Standard Low value-added 10-20% margin 24 % 24% 25% 24% 21% 2023 2024 Q3/23 Q3/24 Q3/25
Slide 25: Agenda
Agenda Corporate Overview Financial & Operational Performance Q 3/2025 Sustainability Development
Slide 26: Sustainability Development
Sustainability Development
Slide 27: Sustainable Development
Sustainable Development At TOG, we 'Craft with Care' and help people around the world lead healthier and more fulfilling lives, through the power of sight. Healthier Living is foundation of sustainability for all; employees, partners, customers, consumers, communities and environment.
Slide 28: Aligning Carbon Reduction Targets
Aligning Carbon Reduction Targets TOG Sustainability and UN SDGs Priorities SDG 3 Good Health & Well - Being: • Occupational health and safety • Local Community SDG 8 & SDG 12 Decent Work and Economic Growth & Responsible Consumption and Production: • Productivity improvement • Engineering contest •
Slide 29: Aligning Carbon Reduction Targets
Aligning Carbon Reduction Targets TOG Sustainability Mission Statement 1. Caring for Environment Responsibly and efficiently utilize resources and dispose of waste properly. 2. Caring for People Promote collaboration among employees and surrounding communities. 3. Caring for Performance Strive for c
Slide 30: Carbon Reduction Targets
Carbon Reduction Targets 2024 2025 2030 CO2 Emission Reduction Target: Total Reduction Target: • 7% or 2,505 tCO2e • 37% (Scope 1,2,3) from based year 2023 CO2 Emission Reduction CO2 Emission: (YTD) • Absolute Target: • Total emission: 25,887 tCO2e >13,000 tCO2e from based year • YTD Reduction: 3,80
Slide 31: Sustainability Projects
Sustainability Projects PLASTIC-FREE HEALTH SAFETY AND PACKAGING REDESIGN ENVIRONMENT In 2025, we successfully managed to • ISO14001 , ISO45001 reduce the use of plastic in packaging • Refuse Derived Fuel (RDF) by more than 4.39M pieces. • Incineration Facilities with Energy Recovery • Upcycling pr
Slide 32: Sustainability Projects
Sustainability Projects • From Waste to CRAFT by TOG The “From Waste to CRAFT” project transforms production waste into creative and valuable furniture. In 2025, TOG upcycled lens scrap and used milk cartons, transforming production waste equivalent to 824.4K pieces into Brick Brock of 5,000 brock,
Slide 33: CG & Sustainable Highlights
CG & Sustainable Highlights Sustainability Disclosure Thailand Kaizen Awards 2024 Green Industry Recognition Award 2024 CGR Report of SET ESG 'A' Rating Since 2014 AGM Checklist 2025 Thai Listed Companies 2025 ‘Excellent’ ‘Excellent‘
Slide 34: Get in Touch
Get in Touch Phone 02 194 1145 to 1150 062 651 8433 Email ir@thaiopticalgroup.com Website www.thaiopticalgroup.com
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