Thai Optical Group Public Co. Ltd. · SET:TOG
Thai Optical Group Public — Q1 2025 Earnings Presentation
30 slides from Thai Optical Group Public's earnings presentation, May 9, 2025
Slide 1: Opportunity Day Q1/2025
9 May 2025 01/2025 ity Day = = —_ 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 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 Tos ‘Advanced Single Vision Lens Toe Conventional Progressive Lens bisc-Sweny Tos EB Conventional Progressive Lens PRoGRES ED) Sun Filter Lens Toa Sun Filter & Polarized Lens SHOE SHOE SHaC Coating TOG Freeform Progressive Lens cite freedom Sagi TOG Occupational Progress
Slide 15: Financial & Operational Performance
Financial & Operational Performance
Slide 16: Q1/2025 Results - Consolidated
Q1/2025 Results - Consolidated Revenue from Gross profits Net Income sales and 212 MB 98 MB services 7.4% QoQ -13.6% QoQ 890 MB EBIT EBITDA 8.3% QoQ 116 MB 183 MB -17.1% QoQ -5.8% QoQ
Slide 17: 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 Sales 450 222 531 618 576 572 547 663 643 676 751 821 711 654 773 821 835 931 845 822 890 Gross Profit 69 (6) 53 141 141 149 11
Slide 18: Financial Performance – YoY
Financial Performance – YoY million Q1/20 Q1/21 Q1/22 Q1/23 Q1/24 Q1/25 Sales - Revenue 450 576 643 711 835 890 Gross Profit 69 141 138 217 171 212 Net Income - Net Profit 38 96 76 113 112 98
Slide 19: Business by Geography (YTD)
2.1 Business Business by Geography by Geography (YTD) (Q1’2025) Middle East & Africa 4% America 30%
Slide 20: Sales Proportion By Region
Sales Proportion By Region Americas Asia & Africa Australia & New Zealand Europe 2023 2024 Q1/23 Q1/24 Q1/25
Slide 21: 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 Q1/23 Q1/24 Q1/25
Slide 22: Sustainability Development
Sustainability Development
Slide 23: 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 24: 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 25: Aligning Carbon Reduction Targets
Aligning Carbon Reduction Targets TOG Sustainability Mission Statement Caring for 1. Caring for the Environment: Environment Responsibly and efficiently utilize resources and dispose of waste properly. 2. Caring for People : Promote collaboration among employees and surrounding communities. Craft 3.
Slide 26: Carbon Reduction Targets
Carbon Reduction Targets 2024 2030 TOG CO2 Emission: Total reduction target: 37% (Scope 1,2,3) 33,645 TonCO2e (Scope 1,2,3) CO2 Emission Reduction CO2 Emission Reduction Absolute Target: >13,000 tCO2e from based year 1,830 TonCO2e from based year 2023 Water Usage: : 30% Reduction Water Usage: Total
Slide 27: 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 28: 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 29: CG & Sustainable Highlights
CG & Sustainable Highlights Sustainability Disclosure Green Industry Thailand Kaizen Awards 2024 Recognition Award 2024 SET ESG 'A' Rating CGR Report of Thai Listed Companies 2024 ‘Excellent‘
Slide 30: 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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