SEAFCO Public Company Limited Opportunity Day March 13 th , 2019 - - PowerPoint PPT Presentation

SEAFCO

Public Company Limited Opportunity Day March 13th, 2019

Q4/2561

Subsidiaries

Seafco plc Seafco Intertrade Co.,Ltd Seafco (Myanmar) Co.,Ltd Seafco Construction Co.,Ltd

100% 97.99% 80% 50%

Share Capital 336.23 MB Seafco JV Subsidiaries

Barrette Construction Diaphragm Wall Bored Pile

Main Products

MRT Orange Line Project

OR14 OR16 OR15 OR17 OR19

One Bangkok (Phase I & II)

Motorway Route no.6 Sec.18 MRT Pink Line

Landmark Myanmar project PTTEP

2018Y Result

NO. PRODUCT Income for

2018Y 2017Y Increase (Decrease)

Unit : MB Unit : MB

Unit : MB % 1

BORED PILE, BARRETTE AND DIAPHRAGM WALL

2,594.42 1,763.19 831.23 47% 1.1

Bored Pile, Barrette and Diaphragm Wall (Labor Only)

1,174.32 699.76 474.56 68% 1.2

Bored Pile, Barrette and Diaphragm Wall (Labor and materials)

1,420.10 1,063.43 356.67 33% 2

BUILDING AND CIVIL WORKS

7.07 7.04 0.03

• %

3

OVERSEAS

163.71 48.01 115.70 241%

TOTAL

2,765.20 1,818.24 946.96 52%

Million Baht

Income Total 2017Y Income Total 2018Y

Labor and Material Labor Only Overseas Total Revenue 1,427.18 (52%) 1,174.32 (42%) 163.70 (6%) 2,765.20 (100%)

Increase (Decrease) MB 356.71 474.56 115.69 946.96 Percent +33% +68% +241% +52%

Labor and Material Labor Only Overseas Total Revenue 1,070.47 (59%) 699.76 (38%) 48.01 (3%) 1,818.24 (100%)

By

Direct Contract from Client Subcontract From Main Contractor

Source of Revenue

As of 31 December 2018 = 2,765.20 MB

5 Years Performance

2014 2015 2016 2017 2018 Revenue 1,887 1,856 1,863 1,818 2,765 Gross Profit 389 309 325 337 625 Net Profit 210 153 156 211 352 Gross Profit Margin (%) 21% 17% 17% 18% 22% Net Profit Margin(%) 11% 8% 8% 12% 13% D/E Ratio 0.88 0.82 0.76 1.06 1.13 Net Gearing 0.23 0.20 0.24 0.19 0.22

NET PROFIT (CONSOLIDATED)

2014

• 97% of Revenue came

from bored piling works and diaphragm wall works

• MRT Green Line project

2015

• Major proportion of

income was from high- rise building projects from private sector.

• There was a significant

increase in income from the oversea branch compared with the previous year.

2016

• Major proportion of

income was still from high-rise building projects

• In addition, some parts
• f works from

Suvarnabhumi Airport Extension were award to the company. However, there was a slight drop in income from the oversea branch.

2017

• Major proportion of

income was still from high-rise building projects.

• Another source of

income was from selling used machines after purchasing of several new machines.

2018

• Major proportion of net

profit is contributed from two mega projects, MRT Orange Line and One Bangkok. Both projects have been working approximately 1 year.

• No. of Shares : 672,462,428 Market Cap.* : 5,346.08 MB Dividend Policy : 40% of Net Profit

Year 2014 2015 2016 2017 2018 (Jan – Sep) (Interim) 2018 (Oct-Dec) Paid May 23,2019 Total 2018 DPS (Baht) 0.34 0.25 0.26 0.175 0.16 0.15 0.31 Total Dividend (MB) 98.99 76.41 79.47 106.98 107.59 100.87 208.46 Dividend (%) / Profit 50% 52% 50% 51% 42% 89% 57% Par Value/share 1.00 1.00 1.00 0.50 0.50 0.50 0.50

• No. of shares

(shares)

291,110,727 305,665,008 305,665,008 611,330,016 672,462,428 672,462,428 672,462,428

5 Years Dividend Payout

Source : https://www.set.or.th/set/factsheet.do?symbol=SEAFCO&ssoPageId=3&language=th&country=TH

(As of 27/2/2019)

As of February 7th, 2019

BACKLOG 2,308.22 MB

(9%) 2,105.31 MB

Source of Backlog

*MB

Detail of Backlog

(25.40%) (69.37%)

As of February 7th, 2019

BACKLOG 2,308.22 MB

Market Indicator Ratio (Inc. Mega projects)

Total Tendered Project (73 Projects)

23,200.30 MB Under review by project

• wner

(97.53%) 143.10 MB Award to other players (0.60%) 444.20 MB Award to SEAFCO (1.87%)

Total Project Value Estimated (23,787.60 MB)

Data Reference since 1-1-2019 until 28-2-2019

ที่มา : TMB Analylics-แนวโน้มอุตสาหกรรมก่อสร้างไทย

ที่มา : TMB Analylics-แนวโน้มอุตสาหกรรมก่อสร้างไทย

ที่มา : TMB Analylics-แนวโน้มอุตสาหกรรมก่อสร้างไทย

THANK YOU FOR YOUR ATTENTION

Q & A