Tipco Asphalt Public Co. Ltd. · SET:TASCO
Tipco Asphalt Public — Q1 2022 Earnings Presentation
14 slides from Tipco Asphalt Public's earnings presentation, May 18, 2022
Slide 1: Tipco Asphalt Public Company Limited (TASCO)
Tipco Asphalt Public Company Limited (TASCO) 2-2022 Opportunity Day (Q1 2022 Operational Results) 18th May 2022
Slide 2: Disclaimer
Disclaimer This presentation material has been prepared solely for informational purposes only. TASCO is furnishing it solely for use by prospective investors / analysts in the proposed event. TASCO makes no representations or warranties as to the accuracy or completeness of such information. By acc
Slide 3: Agenda
Agenda 01 Q1 2022 Financial Performance 02 Q1 2022 Highlights 03 Outlook 04 Q&A
Slide 4: Sales & Services Revenue & Sales Volume
Financial Performance Highlights Outlook Sales & Services Revenue & Sales Volume Sales Volume - Total sales volume slightly decreased which resulted from lower demand in the international market due to winter Unit: Mil. Tons 2022 2021 season and continuous negative impact from the Covid-19 1.24 pand
Slide 5: Operating Gross Profit
Financial Performance Highlights Outlook Operating Gross Profit Operating Gross Profit Average Ice Brent Unit: Mil. THB Unit: USD/bbl. 2022 2021 97.4 3,882 79.8 69.0 73.2 61.1 1,378 812 848 844 459 Q1 2021 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q1 Q2 Q3 Q4 Year Gross Profit Margin • The decrease in gross p
Slide 6: Effective Cost Control and strong EBITDA
Financial Performance Highlights Outlook Effective Cost Control and strong EBITDA SG&A Investment budget Unit: Mil. THB 2022 2021 %to sales 2022 %to sales 2021 Unit: Mil. THB 1,354 5.4% 5.9% (44%) 4.0% 4.9% 1,841 5.0% 4.1% 916 318 310 337 389 515 291 Q1 Q2 Q3 Q4 Year 2020 2021 2022 EBITDA Net Profit
Slide 7: Key Ratios and Historical Dividend
Financial Performance Highlights Outlook Key Ratios and Historical Dividend Debt/Equity Ratio Return on Equity1/ Return on Asset2/ Unit: % 2022 2021 Unit: % 2022 2021 0.67 0.65 0.56 34.0 28.8 24.1 19.9 16.7 14.7 13.3 11.0 12.7 13.6 Q1 2021 Q4 2021 Q1 2022 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 1/ Return is based o
Slide 8: Q1 2022 Highlight
Financial Performance Highlights Outlook Q1 2022 Highlight Domestic Market International Market • Benefit from government budget disbursement • Total volumes slightly dropped in line with selective market sales strategy • High working season during Q1 2022 to Q2 • Low working season in Q1 2022 2022
Slide 9: Sustainable Development Commitment
Sustainable Development Commitment Mission Vision 2025 To be a globally preferred integrated asphalt solutions partner To provide asphalt solutions in a sustainable manner led by an innovative culture Innovation drives the future Social and Environmental Community Safety is Priority impact reduction
Slide 10: Example of Risk Management for E.S.G. risk
Example of Risk Management for E.S.G. risk Pandemic Risk Since 2019, COVID-19 situation has placed great adverse impacts upon our business operations and well-being of our staffs and related stakeholders Action Plan Facilitate Covid-19 vaccine to Require negative ATK test result Enhance safety workp
Slide 11: SD Materiality topics & key projects
SD Materiality topics & key projects Eco-efficiency Innovation Leader Safety Awareness 8
Slide 12: Q1 2022 Highlight - Asphalt Selling Price vs. Ice Brent
Financial Performance Highlights Outlook Q1 2022 Highlight - Asphalt Selling Price vs. Ice Brent Unit: USD/barrel Avg. asphalt selling price Avg. Ice Brent price 97.4 89.0 85.4 84.5 80.1 80.1 92.7 74.9 76.0 70.1 67.2 71.4 71.2 68.1 65.3 68.9 67.1 79.8 61.5 64.7 62.9 73.2 60.0 71.2 52.2 69.0 57.3 68.
Slide 13: Outlook
Financial Performance Highlights Outlook Outlook Crude Domestic Market International Market • Maintain plan to • Expect strong sales volume • The Company continue to purchase 4 crude due to ongoing government focus on selective sales cargoes in 2022 disbursement market strategy • Low working season
Slide 14: Thank you
Thank you Phone Number +662 273 6642 Any queries, please contact us! Email Address investors@tipcoasphalt.com Website www.tipcoasphalt.com
Tipco Asphalt Public Company — Q1 2022 Earnings Presentation on 6ix