East Coast Furnitech Public Co., Ltd. · SET:ECF
East Coast Furnitech Public — Q3 2022 Earnings Presentation
25 slides from East Coast Furnitech Public's earnings presentation, Dec 22, 2022
Slide 1: Opportunity Day Q3 & 9-Month 2022
Opportunity Day การนาเสนอข้อมูล บริษทั จดทะเบียนพบนักลงทุน Q3 & 9-Month 2022 22 December 2022
Slide 2: Basic Information
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Slide 3: Basic Information
Basic Information Main Customers: verview Domestic 47% Oversea 53% “ECF engages in the manufacture and distribution of home furniture in Thailand. The company owns two factories in Rayong province, focusing on producing knockdown furniture and rubber wood furniture. Revenue from selling furniture co
Slide 4: Basic Information: Factories
Basic Information Factory 1 Klaeng, Rayong : Factory for particle board furniture (Total area 43 rai) Factory 2 Wangchan, Rayong : Factory for rubber wood furniture, foil paper (Total area 54 rai) 4
Slide 5: Basic Information: Marketing Office and Warehouse
Basic Information ECF Marketing Office and Warehouse Lamlukka Klong 5, Pathumthani : Marketing office and warehouse for showroom and dealers (Total area 2 rai) ECF Warehouse # 2 Lamlukka Klong 6, Pathumthani : Warehouse (Total area 1.5 rai) 5
Slide 6: Our Products
Basic Information Our Products 6
Slide 7: Business Structure
Business Structure 99.95% 99.97% 94.44% 99.99% 57.00% 75.00% VV Rich Trading Business ECFH New Business Agricultural Furniture Trading Energy Business Online Platform Business Foil Paper PNB 20.00% 100.00% GEP Myanmar GEP • VV-Décor: VV Décor Co.,Ltd. • PNB: Planet Board Co.,Ltd. • SMW: SoMeWa Plaza
Slide 8: Highlight of Operating Results Q3 & 9-Month 2022
Highlight of Operating Results Q3 & 9-Month 2022 8
Slide 9: Highlight of Operating Results Q3 & 9-Month 2022
Highlight of Operating Results Q3 & 9-Month 2022 Q3/2022 Profit from operation Included the loss of impairment of Accounts receivable Total Revenue 46.32 million baht 357.17 million baht increased by 59.21%YoY increased from the or equivalent to 12.97% of previous year that it total revenue was 342.
Slide 10: Q3 2022 Revenue
Highlight of Operating Results Consolidated : 3rd Quarter as of 30 September 2022 Q3 & 9-Month 2022 Unit : million baht 61.12% 5.09% 4.34% Slightly increased in sales revenue from domestic sales, -23.58% -1.16% -15.08% growing more than 60 percent while export revenue 357.17 345.32 declined (from cu
Slide 11: 9-Month 2022 Revenue
Highlight of Operating Results Consolidated : 9-month period as of 30 September 2022 Q3 & 9-Month 2022 Unit : million baht 30.19% 23.30% GEP's profit margin was slightly Sales revenue for the lower due to 9-month period -2.27% financing costs -2.41% decreased slightly to -10.72% arising from the glo
Slide 12: Q3 2022 Costs and Expenses
Highlight of Operating Results Consolidated : 3rd Quarter as of 30 September 2022 Q3 & 9-Month 2022 Unit : million baht 79.39% %Q3.21 %Q3.22 Overall, in the 3rd quarter, 5.61% 10.76% 12.13% the Company was able to 73.92% manage the cost of sales 8.79% 9.74% 4.83% decreased continuously which was abl
Slide 13: 9-Month 2022 Costs and Expenses
Highlight of Operating Results Consolidated : 9-month period as of 30 September 2022 Q3 & 9-Month 2022 Unit : million baht %9M.21 %9M.22 79.48% 76.45% 4.30% 10.21% 10.49% 834.71 4.14% 8.47% 8.65% Overall, the cost of sales in the past 9 months could be 9M.2021 reduced. 9M.2022 However, overall admin
Slide 14: Q3 2022 Profit and Margins
Highlight of Operating Results Consolidated : 3rd Quarter as of 30 September 2022 Q3 & 9-Month 2022 Unit : million baht 26.08% %Q3.21 %Q3.22 12.97% 16.77% Gross profit, 2.71% Operating profit (Including the loss of impairment of trade receivables), % to Net Sales % to Total Revenues EBITDA, and ECF'
Slide 15: 9-Month 2022 Profit and Margins
Highlight of Operating Results Consolidated : 9-month period as of 30 September 2022 Q3 & 9-Month 2022 Unit : million baht 23.55% %9M.21 %9M.22 Gross profit, 11.44% 14.80% Operating profit (Including impairment 2.81% loss from accounts receivable), and % to Net Sales % to Total Revenues EBITDA incre
Slide 16: Financial Position as of September 2022
Highlight of Operating Results Consolidated : As of 30 September 2022 Q3 & 9-Month 2022 Unit : million baht Additional assets came from AR, 31-Dec-21 30-Sep-22 change %change land buildings & equipment, loans to Asset 3,756.20 4,010.98 254.78 6.78% GEP to pay advances for the construction of phase 2
Slide 17: Export & Domestic Sales and Cashflow Statement
Highlight of Operating Results Unit : million baht Q3 & 9-Month 2022 Export sales & Domestic sales Cashflow statement 9M.2021 9M.2022 723.77 Export Sales 577.65 514.13 Domestic Sales 68.91 73.02 394.92 22.41 23.14 9M.2021 Profit (Loss) from Exchange 9M.2022 Rate Cash/cash Operating Investing Financi
Slide 18: Minbu Solar Power Plant: Phase 2 Construction Progress
Minbu Solar Power Plant Phase 2 is expected to be finished within the 2nd quarter of 2023. Overview of Phase 2 Construction Progress Page 18
Slide 19: Minbu Solar Power Plant: Share of Profit
Minbu Solar Power Plant Minbu Solar Power Plant, Myanmar : Share of Profit from Investment Phase 1 Phase 2
Slide 20: Minbu Solar Power Plant Phase 1 (50MWDC)
Minbu Solar Power Plant 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 Inverte
Slide 21: Project Status and Development Plan for Phase 2-4
Minbu Solar Power Plant Project Status and Development Plan for Phase 2-4 Overview of all 4 Phases Page 21
Slide 22: Forward Looking
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Slide 23: Forward Looking
Forward Looking Minbu Solar Power Plant Phase 2 3 and 4 Domestic Market Status Export Worldwide Target Growth of Y2023 23
Slide 24: Q & A
Q&A “Committed to maintain the stability and strength in the furniture business, to create business growth opportunities and to continuously seek opportunities to expand into other businesses for sustainability.” Q3 & 9-Month 2022 Performance 24
Slide 25: 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 25
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