Asian Insulators Public Company Limited · AI has 100%kth ihihlt ilt% market share in high voltage...

Operating Results year 2009

Asian Insulators Public Company Limited

254 Seri Thai Road, Kannayaow, Bangkok 10230 Thailand http://www.asianinsulators.comTel. (66) 0-2517-1451 Fax. (66) 0-2517-1465 E-mail : [email protected]

AgendaAgenda

Business OverviewCConsolidated FinancialsBusiness unit

InsulatorsEngineeringEngineeringLogisticsV t bl Oil d Alt ti EVegetable Oil and Alternative EnergyPorts and Terminals

Questions and Answers

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

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

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

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

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


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)

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


DividendDividend

1

0.750.8

1Baht per share

0.450.4

0.6

0.110.2

0

2007 2008 2009

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.

PPC Insulators Group& Group

Asian Insulators PLC.

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.

Products.

AI Engineering Services Company LimitedAI Engineering Services Company Limited

Engineering: PerformanceEngineering: Performance

1,000MB

617600

800

200200

400

600

198200

10 7 30126 20129

0

200

2006 2007 2008 2009


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.

AI Energy Company LimitedAI Energy Company Limited

Vegetable Oil• Vegetable Oil

• Bio Diesel (B100)

Bio Diesel and Refined Palm Oil Production Process

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

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


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.

.

AI Logistics Company LimitedAI Logistics Company Limited

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



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.

AI Ports and Terminals Company LimitedAI Ports and Terminals Company Limited

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


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.

Questions

and

AnswersAnswersContact : Khun Thanit Thareratanavibool

[email protected] Tel.: 02-517-1451

htt // i i l t

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.

Asian Insulators Public Company Limited · AI has 100%kth ihihlt ilt% market share in high voltage...

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