Thai Optical Group Public Co. Ltd. · SET:TOG
Thai Optical Group Public — Q3 2024 Earnings Presentation
27 slides from Thai Optical Group Public's earnings presentation, Nov 28, 2024
Slide 1: Investor Presentation Q3/2024
INVESTOR Q3/2024 PRESENTATION November 28, 2024
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 peri ods. Some of the statements contained
Slide 3: Agenda
Agenda 01 Corporate Overview 02 Growth Drivers 03 Financial Performance 04 Sustainable Development 2
Slide 4: 01 Corporate Overview
01 Corporate Overview 3
Slide 5: Corporate Overview
Corporate Overview TOG is a spectacle lens manufacturer with strong track record 70- year history. We serve business customers both in Thailand and internationally, across 50 countries, over 6 continents. Company’s subsidiaries and associated company; Manufacturing Thai Optical Group Public Company
Slide 6: TOG Mission
TOG Mission We intend to become a leading, sustainable, independent manufacturer with a global reputation for: • Consistent service excellence. • Ease of doing business. • Supplying the best value on time every time. 5
Slide 7: Dividend Policy
DIVEDEND POLICY The company has a dividend payment policy of not less than 40% of its consolidated net profit after deduction of all specified reserves.. DIVIDEND PER SHARE (THB) 0.63 0.65 APR ( Annual Dividend Payment) AUG (Interim Dividend Payment) 0.52 0.20 0.20 0.17 0.33 0.21 0.43 0.45 0.15 0.35
Slide 8: Business Overview Key Highlights
Business Overview We are the Innovative, Cost-Effective, and reliable Independent lens manufacturer for both casted lenses and Rx labs. Key Hilights High Quality Value for Money Service with care Sustainability 6
Slide 9: Business Model
Business Model Prescription laboratories / Optical retails/ E-commerce Omni-channels partners Factory Import Distributions Delivery to customers in 30 – 45 TOG EU & TOG USA Days. Distribution centers Spectacle lens casting Personal Prescription lenses Delivery to customers in 3-5 Days. (Rx) 7
Slide 10: 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 Prescription Lenses : Rx Other Products & Services : Casting lens Pr
Slide 11: Brand Portfolio
Brand Portfolio In addition to being an OEM manufacturer of lenses, we also offer products under our own brand. 9
Slide 12: 02 Growth Drivers
02 Growth Drivers 10
Slide 13: Growth Drivers
Growth Drivers 01 Expand customer 02 Accelerate responsive 03 Deploy automated 04 Expand Prescription 05 Develop advanced 06 Sustainability is a supply, with a operation and Lenses (Rx) products and cornerstone base across variety of data systems, production, to working of our all regions. products,
Slide 14: Key Growth Driver
Key Growth Driver In response to the ongoing increase in sales of personalized prescription lenses, the company has strategically decided to expand its RX AUTOMATION production line under Phase 2, allocating a budget of over 300 million Baht for this initiative. This expansion aims to enhance produc
Slide 15: Key Factors Impacting Company Cost
Key Factors impact company cost 01 An expanding 02 Fluctuations in 03 Currency exchange rates 04 The minimum 05 Geopolitical elderly the global wage tends to challenges and population economy can fluctuate at increase internal any time according to political issues government policy. 12
Slide 16: 03 Financial Performance
03 Financial Performance 13
Slide 17: Q3/2024 Results - Consolidated
Q3/2024 Results - Consolidated Revenue from Gross profits Net Income sales and 195 MB 68 MB services 23.1% QoQ - 36% QoQ 845 MB EBIT EBITDA Equal to QoQ 85 MB 140 MB 10.0% QoQ 16.6% QoQ 14
Slide 18: Historical Financial Summary
Historical Financial Summary Unit: THB million Q1/19 Q2/19 Q3/19 Q4/19 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 Sales 549 454 455 537 450 222 531 618 576 572 547 663 643 676 751 821 711 654 773 821 835 931 845 Gross Profit 139
Slide 19: Financial Performance – Q3 (2019 – 2024) QoQ
Financial Performance – Q3 (2019 – 2024) QoQ Unit: THB million 845 751 773 531 547 454 173 195 177 111 64 53 116 106 25 21 51 68 Q3/19 Q3/20 Q3/21 Q3/22 Q3/23 Q3/24 Sales - Revenue 454 531 547 751 773 845 Gross Profit 64 53 111 177 173 195 Net Income - Net Profit 25 21 51 116 106 68 16
Slide 20: Q3/2024 Outstanding Revenue Growth From Americas
Q3/2024 Outstanding Revenue Growth From Americas 17 18
Slide 21: Sales Proportion By Region
Sales Proportion By Region 19% 20% 19% 26% 24% 28% 36% 22% 20% 19% Americas 20% 19% Asia & Africa 23% Australia & New Zealand 18% Europe 31% 34% 34% 27% 28% 27% 22% 28% 26% 26% 30% 28% 22% 24% 2021 2022 2023 Q3/21 Q3/22 Q3/23 Q3/24 19
Slide 22: Sales Proportion By Product
Sales Proportion By Product 7% 9% 9% 6% 9% 8% 8% 27% 31 35% 35% 37% 39% 45% High value-added 20-30% margin Others Rx 40% 34% 28% 26% Value-added 28% 30% 23% Standard Low value-added 10-20% margin 28% 28% 27% 30% 24% 25% 24% 2021 2022 2023 Q3/21 Q3/22 Q3/23 Q3/24 21
Slide 23: 04 Strategies for Driving Business Toward Sustainability
04 Strategies for Driving Business Toward Sustainability 22
Slide 24: Sustainable Development 'Craft with Care'
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 the foundation of sustainability for all; employees, partners, customers, consumers, communities, and the environment. 'Craf
Slide 25: TOG's ESG Highlight Project
TOG’s ESG highlight project Reducing single-use plastic in packaging Waste Management for Zero Landfill Innovation Towards Waste Solution In 2023, 35% of the waste generated Convert food scraps from schools and >75 k pcs. of single-use plastic in semi- during our operations was diverted from cafeter
Slide 26: Governance & Economic Performance Highlight Awards and Recognitions
Governance & Economic Performance Highlight Awards and Recognitions 2023 - 2024 Mr. Torn Pracharktam , Awarded “CEO Econmass Awards 2024” for Outstanding Leadership in Consumer Goods Mr. Torn Pracharktam, Chief Executive Officer of Thai Optical Group Public Company Limited (TOG), received the 'CEO E
Slide 27: Get in Touch
02 194 1145 to 1150 Get in Touch Phone 063 903 0780 Email ir@thaiopticalgroup.com Website www.thaiopticalgroup.com
Thai Optical Group Public Company — Q3 2024 Earnings Presentation on 6ix