Thai Optical Group Public Co. Ltd. · SET:TOG
Thai Optical Group Public — Q2 2025 Earnings Presentation
32 slides from Thai Optical Group Public's earnings presentation, Aug 20, 2025
Slide 1: Opportunity Day 02/2025
4 On ertanity Day 02/2025 20 August 2025
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 2/2025 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 OE ONE OnE TOG Conventional Progressive Lens ene TOG BE Conventional Progressive Lens PRoGRES [) ‘Sun Filter Lens TOG ‘Sun Filter & Polarized Lens SHRQE SHRQE SHADE Coating Tos Freeform Progressive Lens ae fone Sate TOG Occupational Prog
Slide 15: Financial & Operational Performance
Financial & Operational Performance
Slide 16: Q2/2025 Results – Consolidated (YTD)
Q2/2025 Results – Consolidated (YTD) Revenue from Gross profits Net Income sales and 353 MB 140 MB services -10.80% YTD -39.32% YTD 1,751 MB EBIT EBITDA -0.79% YTD 178 MB 318 MB -36.64% YTD -18.99% YTD
Slide 17: Q2/2025 Results – Consolidated
Q2/2025 Results – Consolidated Unit: THB million YTD % QoQ % YoY % Revenue from 1,751 0.79% 861 3.22% 861 7.45% sales and services Gross profits 353 10.80% 142 33.06% 142 37.04% Net Income 140 39.32% 42 57.81% 42 65.12% EBIT 178 36.64% 62 46.93% 62 58.73% EBITDA 318 18.99% 135 26.11% 1
Slide 18: 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 Sales 450 222 531 618 576 572 547 663 643 676 751 821 711 654 773 821 835 931 845 822 890 861 Gross Profit 69 (6) 53 141
Slide 19: Financial Performance – YoY
Financial Performance – YoY million million Q2/20 Q2/21 Q2/22 Q2/23 Q2/24 Q2/25 Q2/20 Q2/21 Q2/22 Q2/23 Q2/24 Q2/25 Q2/20 Q2/21 Q2/22 Q2/23 Q2/24 Q2/25 Q2/20 Sales - Revenue 222 572 676 654 931 861 Sales - Revenue 7.0 Q2/21 18.4 Q2/22 19.8 Q2/23 19.1 Q2/24 26.1 25.5 Q2/25 Sales - Revenue 222 572 676
Slide 20: Financial Performance – HoH
Financial Performance – HoH million million 6M/20 6M/20 6M/21 6M/226M/23 6M/21 6M/22 6M/236M/24 6M/24 6M/25 6M/25 6M/20 6M/20 6M/21 6M/21 6M/22 6M/22 6M/236M/24 6M/23 6M/246M/25 6M/25 Sales Sales- -Revenue Revenue 672 1,148 672 1,148 1,319 1,319 1,365 1,365 1,766 1,7661,751 1,751 Sales - Revenue Sal
Slide 21: Business by Geography (Q2'2025)
Business by Geography (Q2’2025) Americas 35% Europe 29% Asia Pacific 13% Middle East and Africa 3% Australia and New Zealand 20%
Slide 22: Sales Proportion By Region
Sales Proportion By Region Americas Asia & Africa Australia & New Zealand Europe 2023 2024 Q2/23 Q2/24 Q2/25
Slide 23: Sales Proportion By Product
Sales Proportion By Product High value-added Others 20-30% margin Rx Value-added Standard Low value-added 10-20% margin 2023 2024 Q2/23 Q2/24 Q2/25
Slide 24: Sustainability Development
Sustainability Development
Slide 25: 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 26: Aligning Carbon Reduction Targets
Aligning Carbon Reduction Targets TOG Sustainability and UN SDGs Priorities SDG 3 SDG 8 & SDG 12 SDG 13 SDG 17 Good Health & Well -Being: Decent Work and Economic Growth & Climate Action: Partnerships for the Goals: Responsible Consumption and Production: - Occupational health and - Productivity imp
Slide 27: Aligning Carbon Reduction Targets
Aligning Carbon Reduction Targets TOG Sustainability Mission Statement Caring for Environment 1. Caring for Environment Responsibly and efficiently utilize resources and dispose of waste properly. 2. Caring for People Promote collaboration among employees and Craft surrounding communities. Caring fo
Slide 28: Carbon Reduction Targets
Carbon Reduction Targets 2024 2030 TOG CO2 Emission: 33,645 TonCO2e (Scope 1,2,3) Total reduction target: 37% (Scope 1,2,3) CO2 Emission Reduction: CO2 Emission Reduction 1,830 TonCO2e from based year 2023 Absolute Target: >13,000 tCO2e from based year Water Usage: Water Usage: 30% Reduction Total w
Slide 29: Sustainability Projects
Sustainability Projects PLASTIC-FREE PACKAGING ENVIRONMENT AND REDESIGN WASTE MANAGEMENT 10% CO2eq reduced vs. original design Zero Industrial waste to landfill • ISO 14001 • Recycling the waste to an abrasive blast CARBON FOOTPRINT media OF ORGANIZATION • Refuse Derived Fuel (RDF) 3,700 Tonnes CO2e
Slide 30: Sustainability Projects
Sustainability Projects TOG’s lens Brick Bar (Ver.2 ) Compositions: 20% of Lens SWARF and 80% of household waste like plastic coated paper, tissue paper from milk cartons, food containers, and aluminum foil EcoCraft Glasses Case Structure made from recycled A4 papers, cardboard and lens boxes, and c
Slide 31: CG & Sustainable Highlights
CG & Sustainable Highlights Sustainability Disclosure Thailand Kaizen Awards 2024 Green Industry Recognition Award 2024 SET ESG 'A' Rating Since 2014 CGR Report of Thai Listed Companies 2024 ‘Excellent‘
Slide 32: Get in Touch
Get in Touch Phone 02 194 1145 to 1150 062 651 8433 Email ir@thaiopticalgroup.com Website www.thaiopticalgroup.com
Thai Optical Group Public Company — Q2 2025 Earnings Presentation on 6ix