SEAFCO Public Company Limited March 24 th ,2017 Agenda Busine - - PowerPoint PPT Presentation

March 24th,2017

SEAFCO

Public Company Limited

Busine iness ss

Over ervie view

Industry dustry Ov Overvie view Financ ancia ial Highlight hlight

Agenda

Board of Executive Officers

Dr.Narong Thasnanipan C.E.O. & President

Padet Rujikajorndej EVP Zaw Zaw Aye Nutthawan Thasnanipan SEVP SEVP

Nutthapan Thasnanipan EVP

Kamol Sintogaw EVP

Anek Srituptim VP & Company Secretary Nutthapon Thasnanipan EVP Kamol Yuyoenpattana Somsak Tawatpongtorn VP VP Tawat Phutpong VP

Seafco Intertrade Co.,Ltd. Seafco (Myanmar) Co.,Ltd. Seafco Construction Co.,Ltd. Seafco & Prayunchai (1984) Srinakarindhra Subsidiaries Company Seafco JV

Subsidiaries

100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% Seafco plc

Share Capital 305.665 MB Paid Up 305.665 MB

• Mega Project from Government Sector

1.1 Dual Track Railways Project: Chira Junction-Khon Kaen (Subcontractor from CK )

Await : . Nakorn Pathom-Hua Hin , Hua Hin – Prachuapkirikan

1.2 MRT Project : MRT Orange line (Most likely to be awarded/ Subcontractor from CK )

Await : MRT Pink Line, MRT Yellow line (Subcontractor from STEC )

1.3 Motorway Project :

Motorway Route No.6 Sec.6 (HinKong Interchange Saraburi) Motorway Route No.6 Sec.18 (Mitrapab Rd., Kaengkoi, Saraburi) Motorway Route No.6 Sec.25 (Pakchong Bypass Rd.,Nakhonratchasrima ) Motorway Route No.7 (Pattaya-Map Ta Phut) Await Motorway Route No.6 Sec.17 Bang Pa In-Saraburi-Nakhonratchasima)

1.4 Private High Rise Building & Large Scale Projects in Bangkok

Three-year Growth Strategy

• Investment in new market

2.1 Expanding branch in neighbor countries

• Myanmar (already established)
• Cambodia (estimated to start in 2018)

2.2 Collaborate with partner for other provinces in Thailand

Three-year Growth Strategy

5 – 15% of the civil work

• f the project

Ratio of foundation works

Building and Civil works Bored pile, Barrette and Diaphragm wall Soil Improvement Other Services

Main Products

Sub-structure and Basement

Bored Pile

Drilling with bucket auger Temporary casing installation Steel reinforcement cage installation Concreting

T-Sha hape pe barrette ette X-Sha hape barrett ette R-Sha hape pe ba barret ette te

Barrette Types

Bored pile VS Barrette

Circular bored pile

Typical diameter 0.6-2.0 m

Rectangular shape barrette

Typical thickness: 0.8 – 1.5 m Typical length: 2.5 – 3.0 m

VS

Bored Pile Barrette

Constructed from the ground with specially designed equipment. Bored Pile

Diaphragm wall (D-Wall)

Diaphragm Wall

Sub-structure & Basement

Terminal 21 Central Hospital Underground Car Park at Srinakarinwiroj University

Building works

Larnkonmuang Kuekarun Nursing College 72nd Anniversary Stadium

Onnut-Prawet Flyover Project Phatthanakarn Road U-turn Din-Daeng Underpass Project Prayasuren Road Project

Civil Works

Soil improvement sea wall

Darland Pranburi Central Chaeng Wattana Prinsiri Pattaya

Soil Improvement

Deep Mixing Method Cement column

Eastern Outer Ring Road

Borehole Monitoring results Inclinometer reading Sonic integrity testing

Other Services (Testing Services)

Trench/ borehole monitoring Instrument installation in Bored pile Pile load testing Loading system & settlement reading

Industry dustry

Over ervie view

Business siness Ov Overvie view Financia ancial Highlight hlight

Agenda

Motorw rway Route no.7 YLP Residen sidence Sampeng 2 Condo The Bangkok

• k Thonglo

lor The Market by by Platin inum Holid iday Inn Hua Hin Central Center Pattaya Dinn Hotel Q Condo Khao Kor Wind Farm Mahanakorn rn Proje ject Langsu suan Vi Villa lage Express ssway Proje ject Srir irat – Outer Ring Road Etc. Drain inage Tunnel From Bung Nongbon to to Chao Phaya Rive ver Polit itan AQ AQUA Urbano Ra Rajvit ithi

Srisawad Office Building

Dual Track Ra Railways Chira Junctio ion-Kh Khon Ka Kaen Vajir ira Nutrit iton

• n Build

ldin ing Facult lty of

• f Medicin

ine Vajir ira Hospit ital Dentist ist Hospit ital Kok River ver Brid idge Interchange Brid idge at at Highway no.9 and and Highway no.345 345 Ka Kamala la Beach Condomin iniu ium Simese se Blossom som Motorw rway Route No.6 Sec.25 25 Japanese se Hospit ital Pakchong Bypass ss Road, Whizdom Ra Ratchada-Thapra Chatriu rium Hotel Pathumwan Whizdom Inspir ire Vanissa Build ldin ing Multi-purposeBu Build ildin ing,Samit itiv ivejCh jChonburiHos riHospit ital Marr rrio iott Hotel Surawong Whizdom 101 101 (South Commercia ial) l) ChiaTaiNe iNewHe Headoffic ice Outpatie ient& UndergroundParkin ing Build ldin ing Facult lty of

• f Medicin

ine Vajir ira Hospit ital Motorw rway Route No.6 Sec.6 HinKong Interchange Saraburi ri Motorw rway Route No.6 Sec.18 18 Mitrapab Road, Ka Kaengkoi Saraburi ri

Icon Si Siam am

Saladaeng Condo Central Festiv ival Phuket I’m China Town Sky Ploenchit it Noble le Be Be 33 33 Nikko Hotel M Jatuja jak Park Court Extensio ion of

• f

Suva varna rnabhumi Airport The Saint Resid idence The Tree Tiwanon Iconsia iam Super erlu lux T1 T1 Office Build ldin ing Pearl Bangkok Blue Port Mall Hua Hin NewInterna rnatio ionalB lBuild ildin ingBangkokHo Hosp spit ital Noble le Be Be 19 19 More than than 100 100 MB MB

Notable le pr projects

• jects

Expressway Project

Credit: http://www.sirat-orr.com/P03.html

Srirat Outer Ring Road

Langsuan Village (Bored pile + D-Wall)

Mah ahana anakorn

• rn

Proj

• ject

ect

The tallest lest building lding in in Thailand iland

่ ่ โครงการกอสรางรถไฟทางคู ช วงชมทางจระ–ขอนแก น ่ ่

Double-track Railways Project

Chira Junction-Khon Kaen

Expansion of Suvarnnabhumi Airports

Existing terminal New terminal

Train

Tunnel linking terminals: Diaphragm wall works

Other previous airports : Donmuang and Phuket

MA MARK RKETI ETING NG

STR TRATEGY TEGY

Real al estate te

Icon Si Siam am Pr Project

• ject

Rama 9 Squar are Pr Project

• ject

1. 1. Colla labor borating ting with other real esta tate busines inesses ses and Thail iland leadi ding ng constr struction uction companie panies Contr tract actor

• r

Etc. Etc.

2.

• 2. Finding

nding new markets ets for

• r projec

jects ts in in Thail iland and and ASEAN

Marina Bay Sand nds, Si Sing ngapor

• re

Kabar Aye Execut utive Resid idence ence, Yangon

• n

3.Competi

• mpeting

ng by by relyi ying ng on

• n compa

pany ny technical hnical know

• wled

ledge, expe perie rience nce and in in-hous house strong

• ng resou
• urces

ces, rather her than reduce duce the price ce

Examp mple of

• f SEAFCO’s paper

er publish ished ed in in Intern ernati tion

• nal

al Conference ence Procee eedings dings

• Give lectures to

academic and engineering societies

• Publish technical papers
• Collaborate with

universities

R&D Activities

R&D and Oversea Project Department

• Mr. Aung Win

Win Maun ung

• Mr. Zaw Zaw Aye
• Mr. Sereyroa
• ath Chea
• Improve work quality

using research

• Exchange knowledge

with world-class expert in deep foundation

• Dr. Tha

hayanan nan Boony nyarak

Suitable equipment and experienced team

Key to success

่ ่

Seafco Public Company Limited, received a series of SET Awards fromthe Stock Exchange of Thailand.

รางวัลบริษัทจดทะเบ ยนด้าน นักลงทุนสัมพันธ์ยอดเยยมป 2009,2010,2015,2016

(BEST ST Invest estor

• r Relations

ions Awards) ds)

่ ้ ่ ดร.ณรงค์ ทัศนนิพันธ์ ได้รับรางวัล ผบริหารส งสุดด เด นป 2015

(Out utsta stand nding ing CEO CEO Awards) ds)

ได้รับรางวัล บริษัทจดทะเบียนด้านผล การดาเนินงานดีเด่นปี 2015

(Out utsta stand nding ing Compan pany Perfor

• rman

mance Awards ds)

3-year Price Performance

Finan nancia cial

Hig ighlight hlight

Business iness Ov Overvi view Industry dustry Ov Overvi view

Agenda

NO. PRODUCT

Incomefor

2016Y 2015Y Unit:MB % Unit:MB %

1 BOREDPILE,BARRETTEAND DIAPHRAGMWALL 1,837.61 98.62 1,746.80 94.11 1.1

BoredPile,BarretteandDiaphragm Wall(LaborOnly)

643.73 34.55 535.18 28.83 1.2

BoredPile,BarretteandDiaphragm Wall(Laborandmaterials)

1,193.88 64.07 1,211.62 65.28 2 BUILDINGANDCIVILWORKS 5.33 0.29 6.36 0.34 3 OVERSEAS 20.36 1.09 102.99 5.55 TOTAL 1,863.30 100 1,856.15 100

Main Products

Laborand Material LaborOnly Overseas Total Revenue

1,199.21 643.73 20.36 1,863.30

Laborand Material LaborOnly Overseas Total Revenue

1,217.98 535.18 102.99 1,856.15

Million Baht

Income Total 2015Y

Million Baht

Income Total 2016Y

By

Direct Contract from Client Subcontract From Main Contractor

Government Sector, 12% Overseas, 1% Private Sector, 87% Overseas Government Sector Private Sector

Source of Revenue

As of 31 December 2016 = 1,863.30 MB

SOURCE

ยกมา

Q1 Q2 Q3 Q4 Mar21,2017 Mar31,2017 TotalBacklog 882.02 1,286.10 2,067.05 2,486.20 2,652.32 3,377.91 ? HandedOverWorks 509.65 976.92 1,383.95 1,863.00 ? ? NetBacklog 882.02 776.45 1,090.13 1,102.25 789.32 1,514.91 ?

Report of total backlog And report of handed over

Total backlog up to March 21st, 2017 Handed over work Q4/2016 Net backlog at March 21st, 2017

2000 1000 3000 4000

ยกมา Q1 Q2 Q3 Q4 Mar 21,2017 Q1/2017

?

1,514.91

Dec 31th, 2016 Dec 31th, 2015

2,652.32 2,486.20 1,286.10 776.45 509.65 2,067.05 1,090.13 976.92 1,383.95 1,102.25

882.02 1,863.00

789.32

Mar 31th, 2017

3,377.91

? ?

68.3 (5%) 1,446.61

(95%)

Backlog 68.3 1,446.61

1,514.9 .91 MB MB

As of March 21st, 2017

BACKLOG 1,514.91 MB

*MB

1,600.00 1,200.00 800.00 400.00 0.00 Bored Pile (Overseas) Bored Pile & Diaphragm Wall

Source of Backlog

*MB

Bac acklog log 1,5 ,514.91 14.91 MB MB

*MB

Detail of Backlog

As of March 21st, 2017

(48.15%) (47.34%)

43 Projects,Award to Seafco (21%) 77 Projects,Award to

• ther players

(37%) 89 Projects,Underreview byprojectowner (42%)

Total Tendered Project

209 Projects 10,581 MB

1,757 MB award to Seafco (17%) 3,593 MB award to other players (34%) 5,231 MB under review by project owner (49%) (20%)

Source of Total Tendered Project

209 Projects

41 Projects From Government

Total Project Value Estimated

Market indicator ratio (excl. mega project)

168 Projects From Private (80%)

Detail from 1/1/2016 to 15/3/2017

Market indicator ratio 2016 (incl. mega project)

49 Projects,Award to Seafco (20%) 78 Projects,Award to

• therplayers

(33%) 111 Projects,Underreview byprojectowner (47%)

Total Tendered Project

238 Projects 18,492 MB

2,099MB award to Seafco (11%) 4,276MB award to other players (23%) 12,117MB under review by project owner (66%) 168Projects From Private (71%) From Government (29%)

Source of Total Tendered Project

238 Projects

70Projects

Total Project Value Estimated

Detail from 1/1/2016 to 15/3/2017

Material 60% Labor & Plant 40%

Example of project, consisting of

60% 40%

Material + Labor 100 MB Profit 10-15% Average 12.50% or 12.50 MB If Labor-only contracting, the contract value will reduced to 40 MB Profit remain 12.50 MB or Average 31.25%

• 1. Material

(Approximately)

• 2. Labor & Plant

(Approximately) Example

REVENU VENUE & PROFIT OFIT : CO CONSOLID NSOLIDATE TE

1,887 (2014) 1,856 (2015) 1,863 (2016)

GROSS SS PROFIT IT : CONSOL OLID IDATE TED

NET PROFI FIT : CONSOL OLID IDATE TED

2014 24 60 94 32 210 11.11% 2015 28 49 49 27 153 8.24% 2016 53 35 12 56 156 8.37% 24 28 53 60 35 94 49 49 12 32 27 56 210 153 156 11.11% 8.24% 8.37% 0.00% 2.00% 4.00% 6.00% 8.00% 12.00% 10.00% Q1 Q2 Q3 Q4 Year End (Conso) Year End (%) 50 100 150 200 300 250 Q1 Q2 Q3 Q4 Year End (Conso) Year End (%)

Unit : MB

ADMI

MINISTRA NISTRATIVE TIVE EXPENSE: CONSOLI SOLIDATED ED

EPS EPS & NET PROFI OFIT (QU QUAR ARTER TERLY)

EPS EPS & NET PROFI OFIT (YEAR EARLY)

BALANCE NCE SHEET : CONSOL OLID IDATE TED

DI DIVIDEN IDEND VS VS NET PROFIT

FIT

* ในปี 2013 นโยบายการจ่ายปนผลไม่ต่ากวารอยละ40 ของก ำไรสทธิหลงหกภ ำษีและส ำรองต ำมกฎหม ำยแล้ว ั ั่ ั ุ ุ ุ

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