Tata Steel (Thailand) Public Co. Ltd. · SET:TSTH
Tata Steel (Thailand) Public — Tata Steel (Thailand) — Q2 FY19 Earnings Presentation
21 slides from Tata Steel (Thailand) Public's earnings presentation, Nov 6, 2018
Slide 1: Tata Steel (Thailand) Plc. welcomes Media Team
Tata Steel (Thailand) Plc. welcomes Media Team Presentation: Operating Results of Q2FY19 (July - September 2018) November 6, 2018
Slide 2: Disclaimer
Disclaimer Statements in this presentation describing the Company’s performance may be “forward looking statements” within the meaning of applicable securities laws and regulations. Actual results may differ materially from those directly or indirectly expressed, inferred or implied. Important facto
Slide 3: Contents
Contents • Corporate Citizenship • Update on Business Environment and Markets • Q2FY19 Performance • Business Outlook 3
Slide 4: Pride and Success in FY19
Pride and Success in FY19 TSTH received Outstanding SET Sustainability Award 2018 SCSC & SISCO received the CSR-DIW Continuous Award 2017-2018 & and Thailand Sustainability Investment from NTS received CSR-DIW Award 2018 The Stock Exchange of Thailand from Department of Industrial Works (DIW), Minis
Slide 5: Safety Journey
Safety Journey Loss Time Injury Frequency Rate (LTIF) Good 0.67 Estimated for 0.33 whole year 0.17 0.17 0.17 0 0 FY14 FY15 FY16 FY17 FY18 FY19 Q1 FY19 Q2 Safety Campaign Key Initiatives taken : 1. Safety Campaign for Q2FY19 “Hand tools and equipment” Safety Audit 2. Safety audit from lesson learn fr
Slide 6: Corporate Social Responsibility
Corporate Social Responsibility Community Nearby Workplace Environment NTS supported Instructional media for TSTH supported drinking water 600 Reforestation 2,000 seed shooting and dam construction on the occasion Adventure English Camp 2018 at Ban bottles to Chatuchak District Office for of Queen S
Slide 7: Contents
Contents • Corporate Citizenship • Update on Business Environment and Markets • Q2FY19 Performance • Business Outlook 7
Slide 8: Global capacity utilization
Global capacity utilization 2018 2017 2016 • Global crude steel output in 2018 (Jan-Aug) grew by 5.4%, China 7.1% and Thailand 2.3% (Y-o-Y). • Restrictions during the heating season in China drives most mills increase their productions on high capacity level. • Capacity utilization of crude steel in
Slide 9: Steel situation in China: Strong domestic demand, high prices, low exports
Steel situation in China: Strong domestic demand resulting in high prices and low exports. Impact of sanctions from US not yet visible PMI China Crude Steel Production (Million Ton) 53.0 120 52.4 Thousands 52.5 51.7 51.8 51.7 51.7 51.8 51.9 110 52.0 51.6 51.6 51.6 51.5 51.5 51.4 51.5 51.4 51.3 51.4
Slide 10: International billets and scrap price remained at high level
International billets and scrap price remained at high level adversely impacting the spread. Showing signs of softening since Turkey crisis 600 Billet FOB Black Sea (USD/mt) 550 500 450 400 350 300 1 Jul 1 1 1 1 1 1 Jan 1 1 1 1 1 Jun 1 Jul 1 1 1 1 1 1 Jan 1 1 1 1 1 Jun 1 Jul 1 1 1 16 Aug Sep Oct Nov
Slide 11: Thailand Economy
Thailand Economy GDP Growth (%) ▲Good Investment Growth (%) ▲Good • In Q2 2018, major contribution to GDP growth continued from export and tourism. • Government consumption growth slowed marginally. The drag from net exports eased, largely driven by the manufacturing goods sector. • BOT, FPO and NES
Slide 12: Thailand Long Products Consumption
Thailand Long Products Consumption Unit : ‘000 tons 3,805 3,782 2,446 1,987 1,752 1,469 1,534 1,404 1,419 1,332 1,418 1,211 1,037 1,186 1,794 1,458 1,080 1,025 1,155 2,716 1,721 2,577 1,891 780 862 843 758 725 583 676 883 682 953 674 633 732 750 690 507 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Jan-Aug Jan-A
Slide 13: Contents
Contents • Corporate Citizenship • Update on Business Environment and Markets • Q2FY19 Performance • Business Outlook 13
Slide 14: Sales Volume Q2FY19
Sales Volume Q2FY19 ▲Good Unit : '000 tons Domestic Rebars + Cut & Bend Total sales 323 282 288 193 164 140 Q2 FY18 Q1 FY19 Q2 FY19 Q2 FY18 Q1 FY19 Q2 FY19 Domestic Wire Rods Export 91 49 88 25 82 21 Q2 FY18 Q1 FY19 Q2 FY19 Q2 FY18 Q1 FY19 Q2 FY19 14
Slide 15: Value Added Products Sales Q2FY19
Value Added Products Sales Q2FY19 ▲Good Unit : Tons Seismic Rebar High Tensile Rebar 5,400 24,000 4,000 4,300 19,200 19,800 Q2 FY18 Q1 FY19 Q2 FY19 Q2 FY18 Q1 FY19 Q2 FY19 Cut & Bend 20,200 17,000 14,000 Q2 FY18 Q1 FY19 Q2 FY19 15
Slide 16: Sales Volume H1FY19
Sales Volume H1FY19 ▲Good Unit : '000 tons Total sales Domestic Rebars + Cut & Bend 349 600 304 569 H1 FY18 H1 FY19 H1 FY18 H1 FY19 Domestic Wire Rods Export 75 165 170 49 H1 FY18 H1 FY19 H1 FY18 H1 FY19 16
Slide 17: Financial Performance Q2FY19
Financial Performance Q2FY19 ▲Good Unit : Mn THB Net sales EBITDA 5,785 5,822 432 216 234 5,443 Q2 FY18 Q1 FY19 Q2 FY19 Q2 FY18 Q1 FY19 Q2 FY19 Profit before tax Profit after tax 233 185 75 67 56 51 Q2 FY18 Q1 FY19 Q2 FY19 Q2 FY18 Q1 FY19 Q2 FY19 17
Slide 18: Financial Performance H1FY19
Financial Performance H1FY19 ▲Good Unit : Mn THB Net sales EBITDA 570 11,265 10,394 450 H1 FY18 H1 FY19 H1 FY18 H1 FY19 Profit before tax Profit after tax 200 139 107 142 H1 FY18 H1 FY19 H1 FY18 H1 FY19 18
Slide 19: Contents
Contents • Corporate Citizenship • Update on Business Environment and Markets • Q2FY19 Performance • Business Outlook 19
Slide 20: Business Outlook
Business Outlook • Escalating trade war between China and US resulting in uncertainty in Asia region. • Imported Scrap prices may soften on lack of demand in Turkey from increasing barrier by US & low demand from Europe & Middle East. Turkish, Qatar and CIS billets and Rebars finding its way to Asia
Slide 21: Thank you for your attention
qp TATA STEEL (THAILAND) TATA Thank you for your attention TATA STEEL (THAILAND)
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