East Coast Furnitech Public Co., Ltd. · SET:ECF
East Coast Furnitech Public — Investor Presentation (June 2023)
51 slides from East Coast Furnitech Public's investor presentation, Jun 22, 2023
Slide 1: Opportunity Day
Opportunity Day 22 June 2023 1
Slide 2: East Coast Furnitech Public Company Limited
< ECF EAST COAST FURNITECH EAST COAST FURNITECH PUBLIC COMPANY LIMITED Head Office & Factory 37/9 Moo 10 Banbung-Klaeng Rd, T.Thangkwian A.Klaeng Rayong 21110 Tel : (66) 038-675-181-4 / Fax : (66) 038-678-220 Marketing Office 25/28 Moo 12 T.Bungkamproy A.Lamlukka Pathumthani 12150 Tel : (66) 02-152-
Slide 3: Table of Contents
Table of Contents 1. Basic Information 2. Business & Revenue Structure 3. Financial Information 4. Forward Looking 5. Other Information 6. Q&A
Slide 4: 1. Basic Information
‘, detsle Iniorricition
Slide 5: Basic Information
Basic Information verview Main Customers: Domestic 50% Oversea 50% “ECF is a manufacturer and distributor of home furniture in Thailand. The Company owns two factories in Rayong province, focusing on producing self-assembled furniture made of particle board and MDF, rubber wood furniture. Revenue fr
Slide 6: Factory 1 and Factory 2
Basic Information Factory 1 Klaeng, Rayong : Factory for self-assembled furniture made of particle board/MDF wood (Total area 43 rai) Factory 2 Wangchan, Rayong : Factory for rubber wood furniture, and decorative foil paper (Total area 54 rai) 6
Slide 7: New warehouse
โกดังสินค้าแห่งใหม่ 7
Slide 8: New warehouse
โกดังสินค้าแห่งใหม่ 8
Slide 9: Marketing Office and Warehouses
Basic Information ECF Marketing Office and Warehouse # 1 Lamlukka Klong 5, Pathumthani: Marketing office and warehouse for showroom and dealers (Total area 2 rai) ECF Warehouse # 2 # 3 2 more warehouses at Pathumthani area (Total area 1.5 rai & 2,000 Sqm.) 9
Slide 10: Our Products
Our Products Basic Information 10
Slide 11: Our Products
Our Products Basic Information 11
Slide 12: Our Products
Our Products Basic Information 12
Slide 13: Our Products
Our Products Basic Information ่ ำเสนอ เริมน ผลิตภัณฑ ์เมือ่ วันที่ 3 มิถน ุ ำยน 13
Slide 14: 2. Business & Revenue Structure
2. Business & Revenue Structure 14
Slide 15: Business Structure
Business Structure 99.95% 94.44% 99.99% 57.00% 75.00% 99.97% ECFH VV Rich Searching for Agricultural Trading Business Furniture Trading Energy Business Online Platform Business Foil Paper a New Business PNB 20.00% 100.00% GEP Myanmar GEP • VV-Décor: VV Décor Co.,Ltd. • PNB: Planet Board Co.,Ltd. • S
Slide 16: Revenue Structure
Revenue Structure 1. Revenue structure classified by product type and share of profits from investment in an associated company. Year 2020 Year 2021 Year 2022 Q1.Year 2023 Product Type Million Million Million Million % % % % Baht Baht Baht Baht 1. Furniture 1,330.70 94.00% 1,495.38 93.92% 1,313.28 8
Slide 17: 3. Financial Information
3, Fineinetell Inforrnetiion! 7
Slide 18: Q1 2023 Total Revenues and Operating Results Highlight
1st Quarter Year 2023 Financial Information Total Revenues Highlight: Operating Results Consolidated 323.19 million baht decreased from last Operating Profit year’s total revenues including impairment losses of accounts receivable which were 419.96 million baht, or equivalent to 23.04%YoY 46.68 mill
Slide 19: Consolidated Revenue, Q1 2023
Consolidated : the 1st quarter of 2023 as of 31 March 2023 Financial Information Unit: million baht 0.58% Sales revenue decreased due to the -23.07% -22.03% -23.04% -33.61% decline in exports. -42.24% (from customers in Japan and the U.S. under the global 323.19 economic situation, 313.35 GEP's Prof
Slide 20: Cost of Sales and Expenses, Q1 2023
Consolidated : the 1st quarter of 2023 as of 31 March 2023 Financial Information Unit: million baht %Q1.22 79.39% %Q1.23 5.51% 10.66% 12.73% 72.28% Overall, the cost of 9.08% 8.52% 4.27% sales in the 1st quarter of 2023 could be managed to have a reduced proportion. 226.50 However, the overall Q1.20
Slide 21: Profit and EBITDA, Q1 2023
Consolidated : the 1st quarter of 2023 as of 31 March 2023 Financial Information Unit: million baht 27.72% %Q1.22 14.44% %Q1.23 17.54% Gross profit, Operating profit (including 2.94% impairment loss from trade accounts % to Net Sales % to Total Revenues receivable), and EBITDA increased from more ef
Slide 22: 4. Forward Looking
4. Forward Looking 22
Slide 23: Forward Looking
Forward Looking Minbu Solar Power Plant Phase 2 3 and 4 Domestic Market Status Export Worldwide Target Growth of Y2023 Risk Management & Sustainability Good Corporate Development Governance SDGs 23
Slide 24: 5. Other Information
5, Diner Inforrniettion! 24
Slide 25: MSPP Project Minbu Solar Power Plant Phase 1
MSPP Project 220 MWDC Minbu Solar Power Plant Phase 1 (50MWDC) State-of-the-Art Technology with Trusted Manufacturers Assuring Plant’s Reliability • Phase 1 constructed over 160 Acres • 160,000 PV Panels Top Tier Brand - Jetion • European-made Transformer – Siemens • European-made Inverters - SMA Fi
Slide 26: Minbu Solar Power Plant: Share of Profit from Investment
MSPP Project Minbu Solar Power Plant, Myanmar : Share of Profit from Investment Phase 1 Phase 2 26
Slide 27: Project Status and Development Plan for Phase 2-4
Project Status and Development Plan for Phase 2-4 MSPP Project 6 December 2021 Phase 1 Area Phase 2 Area Phase 3 Area Phase 4 Area Page 27
Slide 28: Overview of All 4 Phases
Project Status and Development Plan for Phase 2-4 MSPP Project Overview of all 4 Phases 6 December 2021 Phase 4 Phase 3 Phase 1 Phase 2 Page 28
Slide 29: Project Status and Development Plan for Phase 2-4
Project Status and Development Plan for Phase 2-4 Page 29
Slide 30: FAT Test Inverter Parts via Video Conference
Project Status and Development Plan for Phase 2-4 FAT Test Inverter Parts Through Video Conference Call Photos reference from Con-call Page 30
Slide 31: Inverter Specification
Project Status and Development Plan for Phase 2-4 Inverter Specification Page 31
Slide 32: MV Transformer Specification
Project Status and Development Plan for Phase 2-4 MV Transformer Specification Page 32
Slide 33: Pile Foundation Test on Site
Project Status and Development Plan for Phase 2-4 Pile Foundation Test on Site Page 33
Slide 34: Equipment Production Process
Project Status and Development Plan for Phase 2-4 Equipment Production Process Inverter Station Material Lightning Arrestor Page 34
Slide 35: Equipment Production Process
Project Status and Development Plan for Phase 2-4 Equipment Production Process Page 35
Slide 36: Drainage Excavation Work
Project Status and Development Plan for Phase 2-4 Drainage Excavation Work Page 36
Slide 37: Concrete Drainage Ditch Excavation
Project Status and Development Plan for Phase 2-4 Concrete Drainage Ditch Excavation 6 December 2021 Page 37
Slide 38: Installation of Geo-Textile
Agenda 4.2: Project Status and Development Plan for Phase 2-4 Installation of Geo-Textile Page 38
Slide 39: Electricity Demand and Capacity Gap in Myanmar
MSPP Project Data on the gap between electricity demand and capacity in Myanmar (2019 to 2024) Unit: MW Source: World Bank 39
Slide 40: Overview of Phase 2 Construction Progress
Project Status and Development Plan for Phase 2-4 Phase 2 is expected to be finished within 2023. Overview of Phase 2 Construction Progress Page 40
Slide 41: Joint Venture with China's 39F Group
การร่วมทุนกับกลุ่ม 39F จากจีน 41
Slide 42: Who is HOMY CASA INC?
Who is HOMY CASA INC? https://www.39f.net/aboutsUs 42
Slide 43: Who is HOMY CASA INC? 39F Group Structure
Who is HOMY CASA INC? 39F Group Structure- 2K 39F Group Structure l www.39F.net u www.39F.net PoenitaeRcor 39F FurnitureR 39F FurnitureR USA USA Canada France J y, J Furnish1 France i homylin Homylin Pantene Eco FurnitureR UK 43
Slide 44: Who is HOMY CASA INC? 39F Group Structure
Who is HOMY CASA INC? 39F Group Structure ) —_ we gaq || &, |[ Hew | meas CR CAH CWA PW aS a PNAS amee || RAR RAS || suet Re | Glmsizte || sant ARAA) aa] amas || Sanaa) ig ARRAS) Guangxin Guangxin HOMY CASA Eriabank Sky ABRAA) Tianze Furniture Global Infoomalion Technology HomyLink Hongjian New Reta
Slide 45: Who is HOMY CASA INC?
Who is HOMY CASA INC? https://www.39f.net/aboutsUs 45
Slide 46: Who is HOMY CASA INC?
Who is HOMY CASA INC? https://www.39f.net/aboutsUs 46
Slide 47: Who is HOMY CASA INC?
Who is HOMY CASA INC? https://www.39f.net/aboutsUs 47
Slide 48: Who is HOMY CASA INC?
Who is HOMY CASA INC? https://www.39f.net/aboutsUs 48
Slide 49: 6. Question and Answer
5, Quasiton einel Answer 49
Slide 50: Question & Answer
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Slide 51: Thank You
East Coast Furnitech PLC. Thank You Investor Relations +662-152-7301-4 ext.212 or 202 ir@eastcoast.co.th www.eastcoast.co.th 51
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