Thai Optical Group Public Co. Ltd. · SET:TOG
Thai Optical Group Public — Q3 2022 Earnings Presentation
22 slides from Thai Optical Group Public's earnings presentation, Dec 20, 2022
Slide 1: Investor Presentation Q3/2022
Investor Presentation Q3/2022 20 December, 2022
Slide 2: Company Overview, Financial Performance, Growth Drivers, ESG
Company Overview 2 Financial Performance Growth Drivers ESG
Slide 3: Agenda: Company Overview
Agenda Company Overview Ol
Slide 4: Company Overview and TOG Mission
Company Overview TOG is a spectacle lens manufacturer with strong track record 60-year history. We serve business customers both in Thailand, and internationally, across 50 countries, over 6 continents TOG Mission We intend to become a leading, sustainable, independent manufacturer with a global rep
Slide 5: Agenda: Financial Performance
Agenda O2. Financial Performance 10,000 9,000 3,000 7-080 6,000 S,000 a,909 3.000 2.000 oo. : Tos’
Slide 6: TOG Dividend Policy
TOG Dividend Policy Not less than 40% of its consolidated net profit after deduction of all specified reserves Paid Dividend Per Share (THB) 0.52 0.17 APR 0.33 0.32 0.33 0.06 AUG 0.10 0.21 0.15 0.35 0.27 0.22 0.15 0.12 2018 2019 2020 2021 2022 6
Slide 7: Historical Financial Summary (Quarterly)
Historical Financial Summary (Quarterly) Unit: THB million Sales Gross Profit Net Profit 751 663 676 643 608 618 576 572 549 537 531 547 450 441 454 455 450 343 … 177 149 163 144 139 222 141 141 126 138 92 106 111 78 62 65 64 69 53 18 28 … 116 13 87 80 14 25 13 38 (6) 96 87 109 63 21 51 76 76 Q4/20
Slide 8: Year-on-year Q3 Financial Performance
Year-on-year Q3 Financial Performance Unit: THB million 751 531 547 455 343 177 111 116 62 64 53 51 13 25 21 Q3/18 Q3/19 Q3/20 Q3/21 Q3/22 Sales Gross Profit Net Profit 8
Slide 9: Q3/22 Results (Consolidated)
Q3/22 Results (Consolidated) Unit: THB million Q3/21 Growth Q3/22 Revenue from sales and services 547 37.3% 751 111 177 Gross profits 60.0% 20.2% 23.6% 51 116 Net Income 126.6% 9.3% 15.4% 61 123 EBIT 100.3% 11.2% 16.4% 108 168 EBITDA 55.8% 19.7% 22.4% 9
Slide 10: Growth Comes From All Regions
Growth Comes From All Regions Unit: THB million % represents share of total sales for each region Europe 667 511 Asia Pacific 156 162 214 369 469 America 115 93 126 2020 2021 Q3/20 Q3/21 Q3/22 440 2020 2021 Q3/20 Q3/21 Q3/22 247 69 134 139 2020 2021 Q3/20 Q3/21 Q3/22 Australia and New Zealand Middle
Slide 11: Strong Growth In Australia & New Zealand
Strong Growth In Australia & New Zealand 13.6% 18.7% 13.0% 18.5% 24.5% 21.4% America 23.0% 22.1% 19.2% 19.0% Asia/Africa 37.0% 34.7% 33.8% 31.0% 26.9% ANZ Europe 28.1% 28.3% 29.4% 29.6% 28.5% 2020 2021 Q3/20 Q3/21 Q3/22 11
Slide 12: Rx Driven By ANZ, US And Asia Markets
Rx Driven By ANZ, US And Asia Markets 7.5% 8.0% 7.5% 6.0% 8.8% 27.1% Others 35.4% 34.6% 34.8% 34.6% High value-added 20-30% margin Rx 39.7% 31.2% 28.6% 31.5% 26.4% Value-added Low value-added Standard 10-20% margin 25.9% 28.8% 26.2% 27.2% 30.2% 2020 2021 Q3/20 Q3/21 Q3/22 12
Slide 13: Significantly Higher Rx And Standard Sales
Significantly Higher Rx And Standard Sales 751 547 66 33 $1.8 mil $0.9 mil • Continued strong demand from 260 Others 148 existing accounts in ANZ. $7.1 mil $4.1 mil • New accounts in US and Canada Rx 198 • Indirectly affect by the economic Value-added $5.4 mil 217 threaten climate from the Russo-Ukr
Slide 14: Growth Drivers
Growth Drivers
Slide 15: Growth Drivers
Growth Drivers Expand customer base across all regions. Accelerate responsive supply, with variety of products, via distribution centers in the US and in Europe. Deploy automated operation and data systems, applying lean principles, to increase efficiency and capacity. Expand Rx production, to respo
Slide 16: ESG
ESG
Slide 17: ESG-Materiality Topics & Sustainability Management
ESG-Materiality Topics & Sustainability Management Environments Social Governance Regulators/Customers Employees/Customers Shareholders/Investors 17
Slide 18: Environments
Environments Regulators/Customers Efficient Utilize resources responsibly and Consumption efficiently. Collaborate customers to reduce Climate Action single-used plastic material & use recyclable material. Waste Manage suitable waste disposal to Management prevent negative impact from business opera
Slide 19: Social
Social Employees/Customers Promote hygiene and work safely in Health & Safety workplace. • Certified Thai Labor Standards Good Labor TLS 8001-2020. Practices • Support the Human Rights Policy. Product Quality Comply with international standards & Safety & product safety requirements. 19
Slide 20: Governance
Governance Shareholders/Investors • Ensure good CG & legal compliance. Corporate • Promote ethical business conduct, Governance and with business partners. • Manage risk across business processes and operations. 20
Slide 21: TOG Core Value CRAAFT
TOG Core Value C R A A F T We operate with a Can-do attitude. We strive to execute Right first time, on time, every time. We are all Accountable, delivering on our promises. We are Adaptable and open to change, “ WE CRAFT BETTER VISION SOLUTIONS yet try to keep things simple. เรารั งสรรค์ มุมมองที่ด
Slide 22: THAI OPTICAL GROUP PCL.
THAI OPTICAL GROUP PCL. Head Office 15/5 Moo 6 Bangbuathong-Suphanburi Road, Laharn Sub-district, Bangbuathong District, THAI OPTICAL GROUP PCL. Nonthaburi Province 11110 Thailand Head Office 15/5 Moo 6 Bangbuathong-Suphanburi Rd. Laharn Tel. 02 194 1145 to 1150, 063 903 0780 Bangbuathong, Nonthabur
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