Global Presence Aesthetic Excellence Business Integrity - - PowerPoint PPT Presentation

OPPORTUNITY DAY| 7 SEPTEMBER 2018

Global Presence • Aesthetic Excellence • Business Integrity

Agenda

• COMPANY OVERVIEW
• PRODUCTS & SERVICES
• FINANCIAL HIGHLIGHT
• ACTIVITIES &

OPPORTUNITIES

• PROJECT REFERENCE
• OPERATION
• Q & A

2

Overview

3

4

Our Story

TCM Corporation Structure

5

TCM Corp Flooring Royal Thai Carpets Inter Living Alstons DMM Automotive TCHS

9 subsidiaries 5 subsidiaries 1 subsidiary Total: 15 subsidiaries

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Proportion of TCMC business

(Historical record 2013-2017)

TCM Flooring 100%

2013 (705.49 MB)

TCM Flooring 40% TCM Automotive 60%

2014 (1,660.94 MB)

TCM Flooring 26% TCM Living 32% TCM Automotive 42%

2015 (2,366.05 MB)

TCM Flooring 15% TCM Living 54% TCM Automotive 31%

2016 (3,872.07 MB)

TCM Flooring 20% TCM Living 61% TCM Automotive 19%

2017 (7,633.13 MB)

TCM Flooring 33% TCM Living 49% TCM Automotive 18%

Estimated 2018

TCM Global business – our offices

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Flooring business Living business Automotive business

Calhoun UK Singapore HK Macau China India Chiang mai Pathumthani Bangkok Had Yai Samutrprakarn Ayutthaya UAE

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Branding

8 For Domestic & Export Market / Hospitality sectors / Ax, HT products For Domestic & Export Market / Corporate sectors / Carpet tiles products

Our Business

9

TCM Flooring

For the past 50 years, Royal Thai has been designing and manufacturing carpets for high-end hospitality spaces across the globe. Our core values stand strong: to help elevate the lives of those around us. 10

TCM Flooring

Carpets Inter is Asia- Pacific’s largest carpet manufacturer for the contract industry, offering an extensive range of floor covering materials and techniques, including Carpet tile, Broadloom-tufted, Axminster, and Automotive carpet. Our fully integrated manufacturing processes and our commitment to reliable service making us Asia’s quintessential one-stop source for high-quality, sustainably produced carpets to the commercial sector.

11

TCM Living

Alstons Furniture Group is one of the leading upholstery manufacturers in the UK. Alstons factory is located in Colchester, England, covering 3.5 acres of land. The Company has been long established sofa manufacturer with high quality products and top back up services. 12

TCM Living

Based in the heart of England, every piece of furniture is hand crafted, combining traditional time honoured techniques with modern technology to ensure the highest quality result, delivered in the most efficient way. 13

TCM Living

Initially part of top British furniture manufacturer Ashley Manor, AMX Design became an independent business in 2004. AMX Design has cemented a high reputation for our inspired and individual leather and fabric mix furniture, but we also offer a full leather-only range in a wide variety of types and grades. 14

TCM Living

At Alexander and James we are lovers of the humble couch. A fresh faced designer sofa company, rooted in a Great British furniture heritage. Born of 120 years of specialist knowledge in furniture design, retail and manufacturing, our sofas are created by upholstered furniture experts 15

TCM Automotive

T.C.H. Suminoe Co., Ltd. is built on a 16,000 square-meter plot of land at Bangpa-in Industrial Estate in Ayutthaya, offering an extensive range of the products for interior lining and seat upholstery in the transportation and interior decoration industries which are woven fabrics, knitted fabrics and nonwoven fabrics in either rolled aspect or cut-to-sized aspect. 16

Financial Highlight

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TCMC Operating Performance

(Record year 2015-2017)

2,366.05 3,872.07 7,633.13 325.75 527.63 724.07 180.56 270.35 327.72 100 200 300 400 500 600 700 800 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000 2015 2016 2017

EBITDA & PROFIT Unit: MB REVENUE Unit: MB

Sales record 2015-2017

Revenue EBITDA Net Profit

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TCMC Consolidated Operating Performance

(Q2 and 6M performance)

1,738.92 2,404.48 3,233.77 4,540.17

1,000 2,000 3,000 4,000 5,000 Unit : MB

Sales Revenue

Q2 2017 Q2 2018 6M 2017 6M 2018

41.23 60.19 94.44 44.22

20 40 60 80 100 Unit : MB

Net Profit

Q2 2017 Q2 2018 6M 2017 6M 2018

146.68 243.68 336.76 398.43

100 200 300 400 500 Unit : MB

EBITDA

Q2 2017 Q2 2018 6M 2017 6M 2018

390.30 721.86 807.49 1,326.14

500 1000 1500 Unit : MB

Gross Profit

Q2 2017 Q2 2018 6M 2017 6M 2018

22.45 30.02 24.97 29.21

% to Sales Revenue

8.44 10.13 10.41 8.78

% to Sales Revenue

2.37 2.50 2.92 0.97

% to Sales Revenue

3,096.04 6,172.02 2,989.15 6,292.04 1,721.75 2,646.29 1,791.36 3,168.29 0.00 1,000.00 2,000.00 3,000.00 4,000.00 5,000.00 6,000.00 7,000.00 8,000.00 9,000.00 10,000.00 2016 2017 6M/2017 6M/2018

Unit: MB

Statement of Financial Position

Total Liabilities Equity 4,817.79 8,818.32 4,780.52 9,460.33 Total Assets 20

TCMC Consolidated Operating Performance

D/E Ratio 2016 2017 6M/2017 6M/2018 2.22 2.70 2.07

2.25

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Business Performance

2.49 65.86 3.55 52.16 0.00 20.00 40.00 60.00 80.00 Unit : THB Millions

EBIT

Q2 2017 Q2 2018 6M 2017 6M 2018 30.86 285.08 60.08 473.71 0.00 100.00 200.00 300.00 400.00 500.00 Unit : THB Millions

Gross Profit

Q2 2017 Q2 2018 6M 2017 6M 2018 131.41 825.90 242.42 1,451.60 0.00 500.00 1,000.00 1,500.00 2,000.00 Unit : THB Millions

Sales Revenue

Q2 2017 Q2 2018 6M 2017 6M 2018 7.81 93.76 17.40 107.97 0.00 50.00 100.00 150.00 Unit : THB Millions

EBITDA

Q2 2017 Q2 2018 6M 2017 6M 2018

23.49 34.52 24.78 32.63

% to Sales revenue

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Business Performance

1.67 1.88 3.50 3.23 0.00 1.00 2.00 3.00 4.00 Unit : GBP Millions

EBIT

Q2 2017 Q2 2018 6M 2017 6M 2018 1.56 2.12 3.01 3.71 0.00 1.00 2.00 3.00 4.00 Unit : GBP Millions

EBITDA

Q2 2017 Q2 2018 6M 2017 6M 2018 28.79 28.90 52.12 54.23 0.00 20.00 40.00 60.00 Unit : GBP Millions

Sales Revenue

Q2 2017 Q2 2018 6M 2017 6M 2018 7.15 7.43 13.65 13.98 0.00 5.00 10.00 15.00 Unit : GBP Millions

Gross Profit

Q2 2017 Q2 2018 6M 2017 6M 2018

24.82 25.71 26.20 25.78

% to Sales revenue

23

Business Performance

52.97 52.12 101.86 109.13 0.00 50.00 100.00 150.00 Unit : THB Millions

EBIT

Q2 2017 Q2 2018 6M 2017 6M 2018 71.43 67.97 136.34 141.39 0.00 50.00 100.00 150.00 Unit : THB Millions

EBITDA

Q2 2017 Q2 2018 6M 2017 6M 2018 355.05 350.93 704.97 727.88 0.00 200.00 400.00 600.00 800.00 Unit : THB Millions

Sales Revenue

Q2 2017 Q2 2018 6M 2017 6M 2018 84.01 82.54 163.59 170.17 0.00 50.00 100.00 150.00 200.00 Unit : THB Millions

Gross Profit

Q2 2017 Q2 2018 6M 2017 6M 2018

23.66 23.52 23.21 23.38

% to Sales revenue

Activities & Opportunities

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Exhibitions

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NEC Birmingham CIFF China IFFS Singapore

Exhibitions

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Exhibitions

HD Show Las Vegas

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Project Reference

29

30

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Emirates Palace, Suite Government House Royal Palace Grand Millennium Ocean Marina Yacht club Trinity Infant Centre Emprivé Cinema W Hotel Westin Grand Hilton Sukhumvit Prem Tinsulanonda International School Manila Water Business Technology Center Fronditha Aged Care Lowther Hall Anglican Grammar School McKinnon College

Operation

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TCM Flooring

One Stop Service Supply

Our Pathumthani Factory

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• Located on 110 Rai with 100,000 SQM
• f factory area
• Largest contract carpet manufacturer

in South East Asia for hospitality and commercial markets

• With extensive & modern facilities

and capability to handle large scale projects

• Vertical Integrated Production,

starting from fiber and yarn extrusion, wool and synthetic yarn spinning, dyeing, twisting, heat setting, weaving, tufting to finishing.

Our Don Muang Factory

35

• Located on 29 Rai with 30,000

SQM of factory area

• Specializes in luxury Hand

Tufted carpet

• Largest Hand Tufted carpet

manufacturer in South East Asia

• High skill craftsmen with more

than 20 years experiences.

Man anage agemen ment Systems stems

ISO 9001 : 2015

(Quality)

ISO 14001 : 2015

(Environment)

OHSAS 18001 : 2007

(Occupational Health & Safety)

TLS 8001 : 2010

(Labor)

Green Industry : Level 4

(Green System)

ISO 50001 : 2011

(Energy)

AEO

(Trading Security) 36

Pr Product duct Ce Certific tificati ations ns

IMO : United Kingdom

(Marine Carpet)

CE Marking : Europe

(Health, Safety & Environmental)

NSF 140 : USA

(Sustainable Carpet)

Green Label Plus : USA

(Volatile Organic Compounds)

Green Label : Singapore

(Environment-friendly product)

Carbon Footprint : Thailand

(Greenhouse gas emission)

ECS : Australia

(Environmental Classification)

Green Building Product : Singapore

(Environment-friendly product)

Green Star PVC Credit : Australia

(PVC Minimization) 37

38

Business Synergy and Consolidation Plan

39

• Under-utilised Don Muang Plant at acquisition.

Opportunity to use our global sales reach to increase utilisation.

• Aligning quality and service performance to the

world markets’ need.

• Centralised purchasing and raw material

savings, experience and economy of scale purchases.

• Centralised planning and optimised plant

scheduling.

• Wool Yarn Manufacturing plant upgrade.
• Investment in new technology high-speed

Axminster looms.

• Global implementation of an integrated ERP IT

system.

Next Step – Drive Profitability

40

• Improve operation efficiency
• Workforce rationalisation
• Reduce duplication of production

resources

• Capacity growth to meet growing sales

demand

Q&A

41

Contact :

Address : TCM Corporation Plc. 238 Vipavadee Rangsit rd., Sanambin, Don Muang, Bangkok 10210 Tel : +66 (0) 2 533 6393

Investor Relations :

E-mail : ir@tcm-corporation.com Tel : +66 (0) 2 656 0305 ext. 30

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Global Presence • Aesthetic Excellence • Business Integrity