DRT Diamond Roofing Tiles Public Company Limited. Analyst Briefing - PowerPoint PPT Presentation

DRT Diamond Roofing Tiles Public Company Limited. Analyst Briefing on March 9, 2007 Analyst Briefing on March 9, 2007

Product Line Fiber Cement Roofing Tiles (FC): 68% of sales Fiber Cement Roofing Tiles (FC): 68% of sales Concrete Roofing Tiles (CT): 16% of sales Concrete Roofing Tiles (CT) : 16% of sales Roman tile Gran Onda ( กระเบื้องลอนคู ) ( กระเบื้องคอนกรีต ) Small corrugated Concrete sheet Ridge ( กระเบื้องลอนเล็ก ) ( ครอบคอนกรีต ) Flat sheet Adamas ( กระเบื้องแผนเรียบ ) ( กระเบื้องคอนกรีตแบบเรียบ ) Louvre Siding Board (SB): : 14% of sales 14% of sales Siding Board (SB) ( กระเบื้องบานเกล็ด ) Ridge Siding board ( ครอบ ) ( ไมฝา )

Product Line Jearanai Tiles (NT): Jearanai Tiles (NT) : new product new product Accessories: Accessories : 2% of sales 2% of sales Shingle Roof ขอยึด ตะปูเกลียวยึด ตะปูเกลียวยึด แผนสะทอน Dry fix กระเบื้อง กระเบื้อง แป ความรอน system ( กระเบื้องเจียระไน ) Jearanai Board ( แผนผนังเจียระไน ) Jearanai Mold ( ไมบัวเจียระไน ) Jearanai Lath แผนปด แผนปดหัว รางน้ําสัน แปกัลปวาไนซ ( ไมระแนงเจียระไน ) รอยตอ รางน้ํา ตะเข

Financial Summary Year 2002 - 2006

Revenue Structure Total Revenue Total Revenue Growth % 2 , 7 0 0 4 1 2,404.56 2 , 4 0 0 2,108.02 2,074.22 2 , 1 0 0 1,910.83 1 , 8 0 0 1,711.30 MB 1 , 5 0 0 1 , 2 0 0 9 0 0 6 0 0 3 0 0 - Y 2 0 0 2 Y 2 0 0 3 Y 2 0 0 4 Y 2 0 0 5 Y 2 0 0 6 2 3 . 1 1 4 5 . 6 6 1 2 . 9 1 2 2 . 1 5 1 4 . 4 5 - 35% O th e r s 4 3 . 0 5 6 7 . 3 4 6 7 . 5 7 8 5 . 2 9 6 2 . 2 5 T r a n sp o r ta ti o n - 27% 1 , 6 4 5 . 1 4 1 , 7 9 7 . 8 3 1 , 9 9 3 . 7 4 2 , 0 0 0 . 5 8 2 , 3 2 7 . 8 6 S a l e s + 16%

Revenue Structure Product Mix Product Mix Growth 16% 2,327.86 2 ,4 0 0 2% 2 ,2 0 0 0.4% 1,993.74 2,000.58 14% 2% 1% 2 ,0 0 0 1,797.83 10% 13% 0.5% 1 ,8 0 0 1,645.14 6% 16% 3% 1 ,6 0 0 22% 22% 23% 20% 1 ,4 0 0 MB 1 ,2 0 0 1 ,0 0 0 68% 8 0 0 67% 72% 62% 77% 6 0 0 4 0 0 2 0 0 - Y 2 0 0 2 Y 2 0 0 3 Y 2 0 0 4 Y 2 0 0 5 Y 2 0 0 6 + 1% - - 2 0 .8 6 4 0 .8 7 4 1 .2 3 A c c e s s o r ie s J e a r a n a i * - - - 9 .0 6 1 0 .0 8 + 11% 4 9 .9 5 1 0 6 .0 4 1 9 3 .1 0 2 6 5 .5 1 3 3 3 .1 0 S id in g Bo a r d + 25% C o n c r e t e T ile s 3 3 4 .8 1 3 8 8 .7 1 4 4 2 .8 5 4 5 0 .7 5 3 6 0 .8 0 - 20% 1 ,2 6 0 .3 8 1 ,3 0 3 .0 8 1 ,3 3 6 .9 2 1 ,2 3 4 .4 0 1 ,5 8 2 .6 5 Fib e r C e m e n t + 28%

Cost Structure Cost of Goods Sold Cost of Goods Sold Growth 1,800 6% 100% 1,573 90% 1,600 1,481 1,445 80% 1,400 1,237 70% 1,040 1,200 60% MB 1,000 50% 800 40% 600 30% 400 20% 200 10% - 0% Y2002 Y2003 Y2004 Y2005 Y2006 280 357 383 359 486 Other * + 35% 81 129 144 143 125 Transport Cost - 13% 679 751 919 978 962 Raw Material Cost - 2% 62% 66% 70% 71% 66% % COGS * Other : Own Personal , Depreciation , Electricity, Change in inventories ~ 20,000 Tons~ 100MB

Selling & Admin Expenses Selling & Admin Expenses Selling & Admin Expenses 500 30% 21% 450 25% 384.34 400 328.11 350 310.96 20% 300 267.47 269.96 15% 250 200 MB 10% 150 100 5% 50 - 0% Y2002 Y2003 Y2004 Y2005 Y2006 36.50 50.03 62.76 68.61 70.12 Logistic Exp. + 2% 81.95 64.53 66.93 63.86 108.01 Admin. Exp. + 69% 84.51 92.11 102.35 104.34 101.87 Sales&Marketing exp. - 2% 64.52 63.30 78.92 91.30 104.35 Personal exp. + 14% 15.8% 14.5% 15.1% 15.7% 16.1% % of Sales 535 577 651 656 673 Employees No. * คาใชจายในการขายและบริหารไมรวมรายการพิเศษ

Profitability GP, EBITDA, Net Profit (After Tax) GP, EBITDA, Net Profit (After Tax) MB MB 1,000 25% 1,000 50% % 817 45% 5 648 3 800 20% 800 40% 628 616 605 600 15% 600 30% 434 403 354 400 20% 304 299 400 10% 200 10% 200 5% 0 0% 0 0% Y2002 Y2003 Y2004 Y2005 Y2006 Y2002 Y2003 Y2004 Y2005 Y2006 EBIT EBIT Margin Gross Profit Gross Profit Margin 1,000 25% 800 20% 56% 600 15% MB 339 325 314 400 10% 215 201 200 5% 0 0% Y2002 Y2003 Y2004 Y2005 Y2006 Net Profit Net Profit Margin

Dividend Yield EPS, Dividend Payout Ratio EPS, Dividend Payout Ratio 3.00 100% 75% 2.00 28% 50% 1.00 25% - 0% Y2002 Y2003 Y2004 Y2005 Y2006 2.03 2.12 1.35 1.22 1.57 EPS (Bt/Share) Dividend Payout (%) 0% 35% 93% 82% 70%

Balance Sheet Asset Liabilities and Capital Asset Liabilities and Capital MB MB 2,000 2,000 1,500 1,500 1,133 990 1,402 1,268 1,000 % 1,000 793 4 11% 1 662 981 591 626 965 500 500 778 8% 715 560 239 5% 225 228 505 566 223 16% 244 247 260 218 150 16 0 0 Y2002 Y2003 Y2004 Y2005 Y2006 Y2002 Y2003 Y2004 Y2005 Y2006 Current Asset Non Current Asset Financial Debt Other Liabilities Capital

Financial Summary % of sales % of sales Item Y2005 Y2006 %Growth Sales 2,085.87 100.00 2,390.11 100.00 14.6 COGS (1,480.75) (70.99) (1,573.02) (65.81) 6.2 GP 605.12 29.01 817.08 34.19 35.0 SG&A (241.79) (11.59) (284.58) (11.91) 17.7 EBIT 299.16 14.34 434.19 18.17 45.1 Net Profit 201.14 9.64 314.04 13.14 56.1 EPS 1.22 1.57 28.3 Book Value 6.34 7.01 10.6 P/E Ratio* 4.92 5.70 * ราคาตลาด ณ วันสิ้นปของแตละป

Sales Contribution Y2005/Y2006 Y2005/Y2006 Y2006 Y2005 Export Export Project Project 4.89% 7.44% 5.35% 4.09% Agent Agent 88.46% 89.76% MB Y2005 Y2006 %Growth Export 98 173 + 77% Project 107 95 - 11% Agent 1,795 2,059 + 15%

Efficient Cost Control Lower cost of goods sold resulting from various factors Lower cost of goods sold resulting from various factors � More efficient production process. � Less lost from production. � Yield of production around 98%. � Utilization of Total production by 90%.

Outlook for 2007 Sales Growth by 10 % Growth Drivers � Products from the new production line NT-8 . � Siding Board � Sheet Board � Replace competitors’ share � Non colored Roman Tiles � Flat sheet

Q&A Thank you