Tata Steel (Thailand) Public Co. Ltd. · SET:TSTH
Tata Steel (Thailand) Public — Tata Steel (Thailand) — Q4 FY19 Earnings Presentation
20 slides from Tata Steel (Thailand) Public's earnings presentation, Apr 29, 2019
Slide 1: Tata Steel (Thailand) Plc. welcomes Media Team
Tata Steel (Thailand) Plc. welcomes Media Team Presentation: Operating Results of Q4 (January – April 2019) & Annual FY19 April 29, 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 • Q4 & Annual FY19 Performance • Business Outlook 3
Slide 4: Pride and Success in FY19
Pride and Success in FY19 NTS won the “Prime Minister’s Industry Award TSTH received “SET Sustainability Awards TSTH received “Sustainability Report 2018” on Quality Management. 2018” for Outstanding Sustainability and Award 2017” in Recognition Level from “Thailand Sustainability Investment Award T
Slide 5: Corporate Social Responsibility in FY19
Corporate Social Responsibility in FY19 Communities Nearby the Workplace Environment • SCSC/NTS: Bought more from • TSTH Group: Reforestation for Her Communities and allowed them to Majesty the Queen Sirikit’s Birthday sell their OTOP Products at plants. Project”: 78 employees shot 2,000 seeds into
Slide 6: Contents
Contents • Corporate Citizenship • Update on Business Environment and Markets • Q4 & Annual FY19 Performance • Business Outlook 6
Slide 7: Scrap and billet prices saw a rebound after Jan'19
Scrap and billet prices saw a rebound after Jan’19 Black Sea Billet Price: FOB (USD/mt) 550 Signs of softening since 500 end March due to 450 depressed finished goods market 400 350 300 Apr-17 Jul-17 Oct-17 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Scrap (USD/mt) Price in USA, Turkey, Taiwan and Jap
Slide 8: Margins pressure cut scrap based steel output
Margins pressure cut scrap based steel output • Low margins have resulted in drop in EAF utilization rate in China from 70% (Oct-Nov’18) to below 40% in Jan’19 and below 20% in Feb’19 (partial effect of lunar new year) • Avg. ratio of scrap in basic oxygen furnace in China fell to 15% in Q4 CY2018 a
Slide 9: Strong domestic steel demand in China aided by Government stimulus measures
Strong domestic steel demand in China aided by 9 Government stimulus measures PMI China Crude Steel Production (Million Ton) 53.0 120 Thousands 52.4 52.5 51.9 110 52.0 51.7 51.7 51.8 51.6 51.6 51.5 51.5 51.4 51.5 51.4 51.5 51.2 51.2 51.2 51.3 100 51.0 50.8 50.5 90 50.5 50.3 50.2 50.0 79 76 80 50.0 8
Slide 10: Thailand Economy
10 Thailand Economy • In Q4 2018, GDP expanded by 3.7% y-o-y, accelerating from the expansion in private consumption and private investment, and the improvement of export of goods and services. • In 2018, The Thai economy expanded by 4.1%, and was recorded as the fastest expansion in 6 years. • Thai
Slide 11: Long products steel scenario in Thailand
Long products steel scenario in Thailand Unit : ’000 Tons 2,446 1,987 1,752 1,646 1,469 1,534 1,404 1,419 1,428 1,378 1,332 1,210 1,009 1,002 1,009 1,186 1,794 1,458 1,080 1,025 1,152 1,123 780 862 843 758 725 583 676 883 682 962 674 637 735 747 757 892 780 668 501 768 402 668 501 Q1 Q2 Q3 Q4 Q1 Q2
Slide 12: Contents
Contents • Corporate Citizenship • Update on Business Environment and Markets • Q4 & Annual FY19 Performance • Business Outlook 12
Slide 13: Sales Volume: Q4FY19
Sales Volume: Q4FY19 ▲Good Unit : KT Total sales Domestic Rebars + Cut & Bend 181 316 280 305 160 157 Q4 FY18 Q3 FY19 Q4 FY19 Q4 FY18 Q3 FY19 Q4 FY19 Domestic Wire Rods Export 100 44 87 36 75 26 Q4 FY18 Q3 FY19 Q4 FY19 Q4 FY18 Q3 FY19 Q4 FY19 13
Slide 14: Sales Volume: FY19
Sales Volume: FY19 ▲Good Unit : KT Total sales Domestic Rebars + Cut & Bend 1,217 1,154 684 642 FY18 FY19 FY18 FY19 Domestic Wire Rods Export 357 136 332 113 FY18 FY19 FY18 FY19 14
Slide 15: Value Added Products Sales: FY19
Value Added Products Sales: FY19 ▲Good Unit : KT Seismic Rebar High Tensile Rebar 89 25 77 14 FY18 FY19 FY18 FY19 Cut & Bend 68 58 FY18 FY19 15
Slide 16: Financial Performance: Q4FY19
Financial Performance: Q4FY19 ▲Good Unit : MB Net sales EBITDA 6,110 5,475 5,483 270 24 29 Q4 FY18 Q3 FY19 Q4 FY19 Q4 FY18 Q3 FY19 Q4 FY19 Profit (Loss) before tax Profit (Loss) after tax 98 75 (196) (93) (179) (117) Q4 FY18 Q3 FY19 Q4 FY19 Q4 FY18 Q3 FY19 Q4 FY19 16
Slide 17: Financial Performance: FY19
Financial Performance: FY19 ▲Good Unit : MB Net sales EBITDA 1,318 22,246 22,222 503 FY18 FY19 FY18 FY19 Profit (Loss) before tax Profit (Loss) after tax 585 455 (148) (188) FY18 FY19 FY18 FY19 17
Slide 18: Contents
Contents • Corporate Citizenship • Update on Business Environment and Markets • Q4 & Annual FY19 Performance • Business Outlook 18
Slide 19: Business Outlook
Business Outlook • China cuts VAT to boost its economy. Expected to boost demand for steel at a time when their economy is slowing down. • Long products from blast furnace route players from Vietnam and Malaysia expected to be more aggressive in ASEAN. • Thai Government is supporting to control on n
Slide 20: Thank you for your attention
Thank you for your attention For download soft file please kindly scan QR CODE
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