Presentation: 1H18 Performance
Contents I. Key Highlight II. Company Overview III. Financial Performance IV. Business Update PAGE 1
Contents I. Key Highlight II. Company Overview III. Financial Performance IV. Business Update PAGE 2
Key Highlight Operation Highlight Bangkok International Motor Show & Used Car Show The Magnificent 10 & OFFROAD Day Honda Racing E-Racing Sport PAGE 3
Key Highlight Performance Highlight 1H18 1H17 YoY (Unit : Million Baht) 648.70 626.85 +3.49% Revenue from Sales & Services 347.03 319.79 +8.52% Gross Profit 209.54 186.90 +12.12% Net Profit 1H18 1H17 % to Sales & Services 53.50% 51.02% Gross Profit (% to sales & services) 32.07% 29.61% Net Profit (% to total revenue ) PAGE 4
Contents I. Key Highlight II. Company Overview III. Financial Performance IV. Business Update PAGE 5
Company Overview “Aim to be a leader in innovative automobile media and integrated exhibition organizer to drive VISION Thai automotive industry to international” 2 1 3 Exhibitions and Events Printing Print and New Media Revenue Contribution as of Sales & Service Revenue 4%4% 7% 9% Exhibition & Event 2017 1H18 Print & New media Printing 84% 92% PAGE 6
Company Overview Exhibitions & Events : Leading Position in Auto Event Organizer of ASEAN 1 Bangkok International Motor Show Number of visitors Unit: million 1.78 1.73 1.65 International standard 1.60 1.62 High quality Well-known reputation 2014 2015 2016 2017 2018 Highlight & Concept Car from the Financial Drivers headquarter auto manufacturers • high occupancy rate through providing exhibit space service Strong relationship with leading automotive company PAGE 7
Company Overview Exhibitions & Events : Leading Position in Auto Event Organizer of ASEAN 2 3 Bangkok Used Car Show Event Organizer A high-quality second-hand car exhibition from renowned Company’s event : automotive contest i.e. Car & Bike of the year etc. distributors. Customer’s event : test drive, launching new auto event, Air race 1 Exhibits for 10 times since 2009, with over 0.2 million visitors Extensive experienced in automotive industry The Magnificent 10 Expanded business into other fields E-Racing Sport 2-8 April 2018 PAGE 8
Company Overview Print & New Media : Creating community and building engagement Print and Media Magazine : related with automotive content including Magazine News Paper Grand prix, Motorcycle, XO Auto sport and Off road. And also acquires license to publish a foreign lifestyle magazine under the name Garage Life. Newspaper : weekly newspaper Yuad Yan, one of the legendary automotive newspaper in Thailand Website: expanded to online media by creating website according to its magazine. Publishing Television media : 1 TV program with automotive and variety contents. Key Value • Insight information, trendy and lifestyle • Creating community and building engagement Online Channel PAGE 9
Company Overview Printing : Creating value through quality printing Key Drivers Provides full printing service in various types, such as magazine, catalog, brochure, calendar etc. • Quality Printing The company has a strategy to develop printing • Cost Effectiveness machine for supporting multi-function of printing services i.e. packaging printing services. Example of services 4 Years Awards PAGE 10
Contents I. Key Highlight II. Company Overview III. Financial Performance IV. Business Update PAGE 11
Financial Performance Sales & Services Revenue By Segments: Fully recorded revenue from The Exhibitions 1 3 2 Printing Exhibition & Event Print & New Media Unit: million baht Event Exhibition 74.60 683.24 82.50 635.58 75.90 624.52 58.41 156.70 52.20 66.35 83.23 57.08 39.03 27.70 32.36 27.41 593.59 569.23 555.46 541.29 526.55 2015 2016 2017 1H17 1H18 2015 2016 2017 1H17 1H18 2015 2016 2017 1H17 1H18 Exhibition & Event Print & New Media Printing • • • Fully recorded revenue from the Motor Revenue from online media was Revenue from printing business was Show and Used Car Show in first half increased while revenue from offline decreased from lower projects than year media was slightly decreasing the same period of the year. PAGE 12
Financial Performance Profitability: Sales & Services Revenue up to 3.49% YoY Sales & Services Revenue (million THB) +3.49% YoY 814.92 776.48 752.62 648.70 626.85 • Sales & Services Revenue was increased by 3.49% YoY • mainly from Exhibition and event organizing business. 2015 2016 2017 1H17 1H18 PAGE 13
Financial Performance Profitability: Gross Profit up to 8.52% YoY Gross Profit (million THB) +8.52% YoY 348.95 347.03 329.79 317.85 319.79 2015 2016 2017 1H17 1H18 • Gross Profit was increased by 8.52% YoY with 53.50% to % to Sales & Service Revenue sales and services revenue. 2015 2016 2017 1H17 1H18 • According to revenue from providing space service increased in BIMS while cost remained stable 44.94% 42.23% 40.47% 51 . 02 % 53.50 % PAGE 14
Financial Performance Profitability: Net Profit up to 12.12% YoY +12.12% YoY Net Profit (million THB) 209.54 186.90 140.17 126.09 119.60 2015 2016 2017 1H17 1H18 • Net Profit was increased by 26.24% YoY with 32.07% to total revenue. % to Total Revenue • S&A to sales and services revenue was decreased from 2015 2016 2017 1H17 1H18 effective controlling in expense. 15.61% 15.70% 17.01% 29.61 % 32 . 07 % PAGE 15
Financial Performance Financial Structure: Strong Financial Structure & High Liquidity Assets Breakdowns (THB million) Total Liabilities Total Equity Non-Current Current Asset Non-Current Current +16.11% 1084.90 342.99 970.07 861.45 16% 178.22 22.21 -68.33% 179.69 19% 741.91 108.62 84% 23.64 81% 320.78 84.97 906.68 790.39 4Q17 2Q18 4Q17 2Q18 4Q17 2Q18 Balanced sheet strength as of 2Q18 (Unit: million baht) Dividend Policy Cash & Trade receivable* 108 Dividend no less than 50% of net profit D/E Ratio 0.13 2017 0.26 baht/share 30.49% ROE 1Q18 0.15 Baht/share 31.18% ROA Remark : *Cash and cash equivalents was 11.8 THB million, Trade and other receivables was 96 THB million PAGE 16
Contents I. Key Highlight II. Company Overview III. Financial Performance IV. Business Update PAGE 17
Business Update Oversea Expansion: Main Organizer in Yangon International Motor Show Under Construction Yangon International Motor Show in Myanmar • Will be held after YCC (Yangon Convention Centre) completed construction work. • Supported by Automotive Association of Myanmar (AAM) Left-hand Car Car Accessories Total capacity approximately by 9,000 m 2 PAGE 18
Outlook Future Outlook: Growth Strategy Oversea & Event One-Stop Auto Expanding into Expansion Sourcing Packaging Market End-to-end auto portfolio options. Printing in more various types of Planning to arrange auto show in Integrate the offline and online works. sales. GPI Printing has been nominated in CLMV. Event expanding in other fields Digital Marketing strategy through Thai Print Award every years since consumer behavior in BIMS 2014 PAGE 19
Q&A
Disclaimer The information contained in this presentation is for information purposes only and does not constitute an offer or invitation to sell or the solicitation of an offer or invitation to purchase or subscribe for share in Grand Prix International Public Company Limited (“GPI” and share s i n GPI, “shares”) in any jurisdiction nor should it or any part of it form the basis of, or be relied upon in any connection with, any contract or commitment whatsoever. This presentation may include information which is forward-looking in nature. Forward-looking information involve known and unknown risks, uncertainties and other factors which may impact on the actual outcomes, including economic conditions in the markets in which GPI operates and general achievement of GPI business forecasts, which will cause the actual results, performance or achievements of GPI to differ, perhaps materially, from the results, performance or achievements expressed or implied in this presentation. This presentation has been prepared by the GPI. The information in this presentation has not been independently verified. No representation, warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information and opinions in this presentation. None of the GPI or any of its agents or advisers, or any of their respective affiliates, advisers or representatives, shall have any liability (in negligence or otherwise) for any loss howsoever arising from any use of this presentation or its contents or otherwise arising in connection with this presentation. This presentation is made, furnished and distributed for information purposes only. No part of this presentation shall be relied upon directly or indirectly for any investment decision-making or for any other purposes. This presentation and all other information, materials or documents provided in connection therewith, shall not, either in whole or in part, be reproduced, redistributed or made available to any other person, save in strict compliance with all applicable laws.
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