Tata Steel (Thailand) Public Co. Ltd. · SET:TSTH
Tata Steel (Thailand) Public — Tata Steel (Thailand) — Q2 FY20 Earnings Presentation
22 slides from Tata Steel (Thailand) Public's earnings presentation, Oct 28, 2019
Slide 1: Operating Results of Q2 FY20 (July – September 2019)
Tata Steel (Thailand) Plc. welcomes Media Team Presentation: Operating Results of Q2 FY20 (July – September 2019) October 28, 2019
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 • Q2 (July-September) & H1FY20 Performance • Business Outlook 3
Slide 4: Corporate Citizenship: CSR Mission
Corporate Citizenship: CSR Mission Religion, Culture & Education Promotion Environment Conservation • Forest in the community • Participated on Buddhist Lent Day at development on Queen 4 Temples (TSTH: Sirikit’s Birthday Project Wat Phra Si year 4th at the community Mahathat, NTS: Wat forest Ban Hi
Slide 5: Awards & Recognitions in H1FY20
Awards & Recognitions in H1FY20 SISCO, NTS & SCSC received CSR – DIW Continuous Award NTS & SISCO received CSR-DPIM Continuous Award 2019 2019 from Department of Industrial Works, Ministry of from Department of Primary Industries and Mines, Ministry Industry. of Industry. NTS & SCSC received Green M
Slide 6: Contents
Contents • Corporate Citizenship • Update on Business Environment and Markets • Q2 (July-September) & H1FY20 Performance • Business Outlook 6
Slide 7: Iron Ore price steady, scrap prices softens globally
Iron Ore price steady, scrap prices softens globally • Iron ore prices have been on fluctuating over the past few weeks. Demand and prices have improved in September with restocking taking place ahead of the National Day holidays in China. • Coal price continue to decline • Reduction in scrap prices
Slide 8: China steel scenario: Production remains strong; PMI continues to be weak
China steel scenario: Production remains strong; 8 PMI continues to be weak PMI China Crude Steel Production (Million Ton) 53.0 120 Thousands 52.5 51.9 110 52.0 51.5 51.4 51.5 51.2 51.3 100 51.0 50.8 89 50.5 85 88 85 87 90 50.5 50.2 50.0 79 50.1 50.0 83 76 49.7 49.5 49.8 80 81 80 81 80 81 71 80 49.4
Slide 9: Thailand Economy
Thailand Economy • Thailand’s GDP growth is projected to be below 3%. Budget disbursement delayed by 4 months. • Domestic consumption has been weak due to high debt and depressed farmer income. • Private consumption growth slowed to +2.21% YoY in August (vs +2.82% in July) There was contraction in s
Slide 10: Long products steel scenario in the region
Long products steel scenario in the region South East Asia: • Long overdue scrap price correction seen in last 8 weeks. Buying confidence still low in anticipation of further decline. • China bought many billet cargos in view of domestic production cut, providing some support to billet prices in the
Slide 11: Thailand Steel Situation: Apparent Steel
Thailand Steel Situation : Apparent Steel 19,298 17,972 Unit: ‘000 Ton 17,339 17,445 16,914 16,734 16,648 14,647 13,876 14,012 13,072 13,581 12,661 12,716 12,681 12,154 10,967 10,758 Total Production 10,049 Import 7,607 Export 6,762 Apparent steel use 2000 2001 2002 2003 2004 2005 2006 2007 2008 200
Slide 12: Domestic price trend
Domestic price trend Unit : THB/Ton Good 20,600 THB/Ton 19,500 THB/Ton 15,800 THB/Ton 12
Slide 13: Contents
Contents • Corporate Citizenship • Update on Business Environment and Markets • Q2 (July-September) & H1FY20 Performance • Business Outlook 13
Slide 14: Sales Volume Q2FY20
Sales Volume Q2FY20 Unit : ‘000 Ton Good Total sales Dom. Rebars + Cut & bend 299 296 181 288 166 164 Q2FY19 Q1FY20 Q2FY20 Q2FY19 Q1FY20 Q2FY20 Dom. Wire Rods Export 88 83 77 39 29 25 Q2FY19 Q1FY20 Q2FY20 Q2FY19 Q1FY20 Q2FY20 14
Slide 15: Value added products sales Q2FY20
Value added products sales Q2FY20 Unit : ‘000 Ton Good Seismic Rebar High Tensile Rebar 24 24 9 9 20 5 Q2FY19 Q1FY20 Q2FY20 Q2FY19 Q1FY20 Q2FY20 Dom. Cut & Bend 17 17 13 Q2FY19 Q1FY20 Q2FY20 15
Slide 16: Sales Volume H1FY20
Sales Volume H1FY20 Unit : ‘000 Ton Good Total sales Dom. Rebars + Cut & bend 400 650 595 347 600 569 350 550 304 300 500 450 250 400 350 200 300 150 250 200 100 H1FY19 H1FY20 H1FY19 H1FY20 Dom. Wire Rods Export 90 190 170 80 74 170 160 68 70 150 60 130 50 110 90 40 70 30 50 20 30 10 10 - H1FY19 H1F
Slide 17: Value added products sales H1FY20
Value added products sales H1FY20 Unit : ‘000 Ton Good Seismic Rebar High Tensile Rebar 60 24 22 50 48 20 19 18 39 40 16 14 12 30 10 10 8 20 6 4 10 2 - - H1FY19 H1FY20 H1FY19 H1FY20 Dom. Cut & Bend 40 31 30 30 20 10 - H1FY19 H1FY20 17
Slide 18: Financial Performance Q2FY20
Financial Performance Q2FY20 Unit : Million THB Good Revenue from sales EBITDA 254 234 5,822 5,420 5,075 137 Q2FY19 Q1FY20 Q2FY20 Q2FY19 Q1FY20 Q2FY20 Profit (Loss) before tax Profit (Loss) after tax 67 51 44 32 -13 Q2FY19 Q1FY20 Q2FY20 -21 Q2FY19 Q1FY20 Q2FY20 18
Slide 19: Financial Performance H1FY20
Financial Performance H1FY20 Unit : Million THB Good Revenue from sales EBITDA 11,265 450 10,496 391 H1FY19 H1FY20 H1FY19 H1FY20 Profit (Loss) before tax Profit (Loss) after tax 142 107 31 11 H1FY19 H1FY20 H1FY19 H1FY20 19
Slide 20: Contents
Contents • Corporate Citizenship • Update on Business Environment and Markets • Q2 (July-September) & H1FY20 Performance • Business Outlook 20
Slide 21: Business outlook
TSTH Board – October 24, 2019 2 Business outlook 1 • Thailand announced new promotion package “Thailand Plus” aimed at attracting more foreign investments, especially to expedite investments from companies seeking to relocate as a result of the ongoing US-China trade war. • Thailand construction sec
Slide 22: Thank you for your attention
qp TATA STEEL (THAILAND) TATA Thank you for your attention TATA STEEL (THAILAND)
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