Post on 15-Oct-2020
Operating Results year 2009
Asian Insulators Public Company Limited
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254 Seri Thai Road, Kannayaow, Bangkok 10230 Thailand http://www.asianinsulators.comTel. (66) 0-2517-1451 Fax. (66) 0-2517-1465 E-mail : asian@asianinsulators.com
AgendaAgenda
Business OverviewCConsolidated FinancialsBusiness unit
InsulatorsEngineeringEngineeringLogisticsV t bl Oil d Alt ti EVegetable Oil and Alternative EnergyPorts and Terminals
Questions and Answers
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More than half of Porcelain Insulators uses in power transmission and distribution grids are our products. A progressive porcelain manufacturing plant with production flow and state‐of‐the‐art raw materials preparation,plant with production flow and state of the art raw materials preparation, pug mills and kilns with ISO‐9001 Quality Assurance Program allows for manufacture and marketing of high quality insulators products. Product innovation and improvements is an industry leader in the design and
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innovation and improvements, is an industry leader in the design and production of high quality porcelain insulators.
Business OverviewBusiness Overview
AIAI
Energy BusinessI l B i
AI AIEAILPPCAI AIPT
Energy BusinessInsulators Business
AIESAI100 %
AIE86.00%
AIL89.88%
PPCAI25.10%
AIPT92.53%99.84%
• Manufacturer Porcelain insulators for Europe and
• Sea and Land
Logistics
• Ship Tankers
• Bio diesel
refinery 500,000
liters / day
• Ports and depot services
C it 40
• Engineering contractor for High Voltage Transmission
• Manufacturer Porcelain Insulators for low, medium and
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pNorth America markets.
• Capacity 3,500 tons
range 500 –
3000 tons
gross
• Vegetable oil
refinery 350,000
liters / day
• Capacity 40 million literslines and
Substationshigh voltage insulators
• Capacity 12,000 tons
Business OverviewBusiness Overview
Highlights
AI is the leader in Porcelain Insulators manufacturer with 55% market share in Thailand.AI h 100% k t h i hi h lt i l tAI has 100% market share in high voltage insulators.AI has all Porcelain Insulators products range cover all the requirement from utilities for power transmission and distribution.AI has a progressive porcelain manufacturing plant with production flow and state-of-the-art raw materials preparation, pug mills and kilns with ISO-9001 Quality Assurance Program.AI f fAI is one of the leader in Biodiesel refinery with continuous process and vegetable oil refinery for industrials and consumers use, continuously achieves strong growth through alternative energy and vegetable oil.AI h di i li i i i d i d t ti f hi h ltAI has a discipline engineering in design and construction of high voltage transmission lines and substations.AI has a complete logistics and tanks farm to support the alternative energy and vegetable oil business
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and vegetable oil business.
PowerPower TransmissionTransmission and Distribution SystemPowerPower TransmissionTransmission and Distribution System
Electrical insulators is one of the essential equipment for the electricity’s transmission and distribution systems. It can prevent the electricity leaks from the conductor to theprevent the electricity leaks from the conductor to the ground which would cause the short circuit and cause the unplanned electricity outage. Another main duty of
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unplanned electricity outage. Another main duty of insulators is to hold and suspend the electrical conductor in the air.
Performance of AI (Consolidated)Performance of AI (Consolidated)
2,3772,4112,500
3,000MB
1,5581 500
2,000
8651,000
1,500
16116820132 21031 164 108
0
500
2006 2007 2008 2009
Revenue EBIT Net Profit
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Revenue EBIT Net Profit
Consolidated: Debt to EquityConsolidated: Debt to Equity
1
0.850.91
0.8
1(Times)
0.4
0.6
0.120.220.2
0
2006 2007 2008 2009
D bt t E it R ti (C lid t d)Debt to Equity Ratio (Consolidated)
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Insulators: PerformanceInsulators: Performance
1 0291,100MB 1,029 968952900
MB
647672
500
700
150
327235219
34 130216 229
318300
3431
(100)
100
2005 2006 2007 2008 20092005 2006 2007 2008 2009
Revenue EBIT Net Profit
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DividendDividend
1
0.750.8
1Baht per share
0.450.4
0.6
0.110.2
0
2007 2008 2009
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Insulators: SummaryInsulators: Summary
2009 Highlights
Lower demand of Porcelain Insulators from Utilities.Power expansion projects has been delayed, and postponed for both utilities and private sectorand private sector.
OutlookOutlook
Increase in demand of Insulators from utilities and private sectors estimate i b 75% f 2009increase by 75% from year 2009.
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PPC Insulators Group& Group
Asian Insulators PLC.
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PPC Asian Insulators Company LimitedPPC Asian Insulators Company Limited
Location 99/9 Moo 2, Asia Highway Rd., Km. 122-123, Banmor,Promburi, Singburi 16120 Thailand
Prod CapacityPaid-up CapitalSt k
3,500 tons per annum263 million Baht25 10%Stake 25.10%
No. of employees 300 persons.
I t t Th il d’ B d f I t t i ti (Z 3)Investment Privileges
Thailand’s Board of Investment incentives (Zone 3), commencing from January. 2005;
Corporate income tax exemption for 8 years and p p y50% reduction for the next 5 years.Dividend gained from the business is exempted from the corporate income tax calculation within thefrom the corporate income tax calculation within the 8-years tax exemption period.
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Products.
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AI Engineering Services Company LimitedAI Engineering Services Company Limited
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Engineering: PerformanceEngineering: Performance
1,000MB
617600
800
200200
400
600
198200
10 7 30126 20129
0
200
2006 2007 2008 2009
Revenue EBIT Net Profit
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Engineering: SummaryEngineering: Summary
2009 Highlights
The Construction projects was completed on time and budget.
Outlook
New power transmissions and distribution expansion projects for year 2010 with the budget of 5,000 million Baht.Backlog for 260 million Baht of high voltage substations constructionBacklog for 260 million Baht of high voltage substations construction.
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AI Energy Company LimitedAI Energy Company Limited
Vegetable Oil• Vegetable Oil
• Bio Diesel (B100)
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Bio Diesel and Refined Palm Oil Production Process
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Bio Diesel and By-Products Sales VolumeBio Diesel and By-Products Sales Volume
80,000Liters 68,574
60,000
Liters
39,15240,000
7,447
20,000
0
2007 2008 2009
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Bio Diesel and Vegetable Oil : PerformanceBio Diesel and Vegetable Oil : Performance
MB
1,203 1,1131,300
700
1,000
220400
700
220
23
23
43 0 56
100
-106-23 -43 -134 -0.56
(200)2007 2008 2009
R EBIT N t P fit
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Revenue EBIT Net Profit
Bio Diesel: SummaryBio Diesel: Summary
2009 HighlightsThe demand of biodiesel (B100) was decreased due to lower demand.More demand or Refined palm oil for industrial use.
Outlook
Th d d f bi di l (B100) i t d t b i d d t thThe demand of biodiesel (B100) is expected to be increased due to the new regulation to add 3% (from 2%) of B100 into diesel oil. Starting from March 2010. More demand of Refined palm oil for industrial useMore demand of Refined palm oil for industrial use.
.
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AI Logistics Company LimitedAI Logistics Company Limited
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Logistics: PerformanceLogistics: Performance
7674
MB
5960
25
10
-20-9
-17 -8.2
-24
-13
-29
-16.2
40 24 29-40 2006 2007 2008 2009
Revenue EBIT Net Profit
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Revenue EBIT Net Profit
Logistics: SummaryLogistics: Summary
2009 Highlights
Lower demand of ship tanker. The utilize capacity about 50% for time charter and freight chargeand freight charge.Preventive maintenance as per schedule.
Outlook
Expecting more demand of ship tanks for year 2010Expecting more demand of ship tanks for year 2010.
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AI Ports and Terminals Company LimitedAI Ports and Terminals Company Limited
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Ports and Terminals: PerformancePorts and Terminals: Performance
MB
2427
25 00 24
11
25.00
11
-0.61 0.5
5.00
-11
-1.00-11
15 00
2007 2008 2009
-15.00
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Revenue EBIT Net Profit
Ports and Terminals: SummaryPorts and Terminals: Summary
2009 Highlights
Ports services and sell the ice cube to fishing industry at Samut Sakorn provinceprovince.The construction of tanks farm and port at Samut Sakorn province with 10 million liters capacity of Crude Palm Oil is completed and in operation since October 2009October 2009.The construction of tanks farm and jetty at Chumporn province with 20 million liters capacity of Crude Palm Oil is completed and in operation since October 20092009
Outlook
Forecasting to utilized 50% capacity within mid of year 2010.
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Questions
and
AnswersAnswersContact : Khun Thanit Thareratanavibool
ir@asianinsulators.com Tel.: 02-517-1451
htt // i i l tPage 29
http://www.asianinsulators.com
DisclaimerDisclaimer
The information statements forecasts and projectionsThe information, statements, forecasts and projections contained herein reflect the Company’s current views with respect to future events and financial performance. These views are based on assumptions subject to various risks. No assurance is given that these future
t ill th t th C ’ tievents will occur, or that the Company’s assumptions are correct. Actual results may differ materially from those projectedthose projected.
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