phol oppday 58q2
TRANSCRIPT
2Phol Dhanya Public Company Limited
CONTENT
COMPANY OVERVIEW
1st HALF YEAR 2015 PERFORMANCE
2nd HALF YEAR 2015 OUTLOOK
4Phol Dhanya Public Company Limited
ABOUT PHOL
� PHOL is the leading distributor for Occupational Safety, Health and Environment products over 30 years experience with more than 3,000 items under well-recognized brands binding more than 4,000 loyalty accounts.
� PHOL has expanded into Water Treatment business continued enhancement for future growth.
� PHOL has listed in MAI by market capitalization of 650 Million Baht. (as at September 2015)
5Phol Dhanya Public Company Limited
� Started in 1979, Main Business is distributor for Occupational Safety, Health, and Environment Products then in 2009 expanding to Water Treatment Business.
� Listed in MAI with significant symbolic “PHOL” in 2010� Registered Capital 162 Million Baht, 162 Million common share with a par value of Baht
1.00� Established Phol Palladium Co., Ltd distribute Occupational Health and Safety products to
government segment in 2012� Established Pholdhanya (Cambodia) Co., Ltd. distribute Water treatment products in 2013 � Establishment Phol Water Co., Ltd. object to manufacture water treatment system and sell
treatment water under concession contract.� Received SET Awards for Top Corporate Governance Report for year 2012-2014
1979
Started business in Occupational
Safety, Health, and Environment
Products
2008
Registered as Public Company Limited
2009
Expanded to Water Treatment
business
2010
Listed on MAI with Symbol
“PHOL”
2012
Established
Phol Palladium Co., Ltd.
2013
Established
Pholdhanya(Cambodia)
Co., Ltd.
2014
Established
Phol Water Co., Ltd.
COMPANY BACKGROUND
6Phol Dhanya Public Company Limited
PHOL DHANYA PUBLIC COMPANY LIMITED
Distributor of Occupational Safety, Health and Environment Products
CORPORATE BUSINESS STRUCTURE
PHOL PALLADIUM CO., LTD.
�Holding 99.99%
�Distributor of Occupational Safety, Health and Environment Products, to focus Government Agencies Customers
�Holding 99.99%
�Distributor and Services provider of Water Treatment Product, Design, Production and Maintenance Service on Water Treatment System
PHOL WATER CO., LTD. PHOL DHANYA (CAMBODIA) CO., LTD
�Holding 70%
�Distributor and Services provider of Water Treatment Product, Design, Production and Maintenance Service on Water Treatment System in Cambodia
7Phol Dhanya Public Company Limited
� 1. Occupational Safety, Health, and Environment Products (SAFETY)
PRODUCTS AND SERVICES
Brands Customers
� 2. Control Environment Products (CE)
� 3. Water Treatment Products (WATER)
9Phol Dhanya Public Company Limited
REVENUE FROM SALES AND SERVICES
637.87719.14
790.03 773.88 803.01
384.16 417.09
Y2010 Y2011 Y2012 Y2013 Y2014 1H2014 1H2015
Total Revenues
199.73 204.07184.43
213.02
384.16417.09
1Q2014 1Q2015 2Q2014 2Q2015 1H2014 1H2015
2.17% 15.50%
8.57%
Million Baht
10Phol Dhanya Public Company Limited
REVENUE FROM SALES AND SERVICES
175.38 176.69 152.02 173.12
327.04 349.80
Million Baht
7.10 6.39 5.4414.28 12.54
20.67
1Q2014 1Q2015 2Q2014 2Q2015 1H2014 1H2015
17.26 21.00 26.97 25.63
44.23 46.62
SAFETY
CE
WATER
1H2014 1H2015
Total 384.17 417.09
SAFETY 327.40 349.80
CE 44.23 46.62
WATER 12.54 20.67
Total Revenues
By Products
0.75% 13.88%
6.96%
21.67%4.97%
5.40%
162.50%64.83%
10%
8.57%
11Phol Dhanya Public Company Limited
REVENUE FROM HOUSE BRANDS
4954
64
3334
Y2012 Y2013 Y2014 1H2014 1H2015
Million Baht
12Phol Dhanya Public Company Limited
add communication channelsto meet the needs and fast
Page view www.pholonline.com
248 New customersfrom
www.pholonline.com
NEW CHANNEL TO CONSUMER MARKET
13Phol Dhanya Public Company Limited
NEW CHANNEL TO CONSUMER MARKET
BIG C RANGSIT
BIG C BANGYAI
Modern tradeExhibition Online shopping
14Phol Dhanya Public Company Limited
Sea Fresh Industry Plc.
• UF Membrane
Quantity Total : 30 elements
Manufacturer : “GE“ Zeeweed- 1500
• RO Membrane
Quantity Total : 42 elements
Manufacturer : “GE“ AK8040 F400
• Sand Filter
Quantity Total : 4,000 Litter
• Activated Carbon Filter
Quantity Total : 3,700 Litter
Location : Chomporn
WATER TREATMENT PROJECTS REFERENCE
15Phol Dhanya Public Company Limited
MBK Public Company Limited
Dewatering System
CENTRIFUGE DECANTER
Model : D2 LLC 30 C HP
Treated Product : Waste Activated Sludge
Location : Bangkok
WATER TREATMENT PROJECTS REFERENCE
16Phol Dhanya Public Company Limited
CONSOLIDATED REVENUE AND PROFIT
200 204 184 213
384417
27.79% 26.94% 26.93% 27.80% 27.38% 27.38%
5.71%5.29% 3.56%
2.11%
4.68% 3.70%
0%
10%
20%
30%
0
200
400
600
1Q2014 1Q2015 2Q2014 2Q2015 1H2014 1H2015
Revenue Gross Profit Margin Net Profit MarginMillion Baht
638719
790 774 803
384417
31.23%29.25% 27.69%
30.21%27.13% 27.38% 27.38%
5.84%3.99% 5.72%
6.53% 4.81%4.68%
3.70%
0%
10%
20%
30%
0
400
800
1,200
FY2010 FY2011 FY2012 FY2013 FY2014 1H2014 1H2015
17Phol Dhanya Public Company Limited
68.7176.04 78.65 79.98
88.09
42.89 47.74
79.04
91.58
82.2286.83
83.19
41.3245.62
147.75
167.62160.87
166.81171.28
84.21
93.36
23.16% 23.31%
20.36%
21.56%21.33%
21.92%
22.38%
15%
18%
21%
24%
0
50
100
150
200
FY2010 FY2011 FY2012 FY2013 FY2014 1H2014 1H2015
Selling Expenses Administrative Expenses Total Expenses % To Revenue
SELLING & ADMINISTRATIVE EXPENSES
Million Baht
Note : Selling & Administrative Expenses are not include loss from exchange rate
18Phol Dhanya Public Company Limited
FINANCIAL POSITION
483.86 488.91 507.96 511.45
550.37 565.60
200.65 213.21 215.99
202.75
229.69 249.27
283.20 275.70 291.97
308.70 320.68 316.33
2.01
1.77
1.982.04
1.97
1.85
0.710.78 0.73 0.65
0.71
0.78
0.00
0.50
1.00
1.50
2.00
2.50
-
100.00
200.00
300.00
400.00
500.00
600.00
FY2010 FY2011 FY2012 FY2013 FY2014 JUN 30, 2015
Asset Liabilities Equity Current Ratio D/E Ratio
Million Baht
19Phol Dhanya Public Company Limited
PROFITABILITY RATIO
39.40
28.86
45.43
50.75
38.86
18.1115.49
5.84%
3.99%
5.72%6.53%
4.81% 4.68%
3.70%
13.93%
10.40%
15.87%16.77%
12.27% 12.54%11.43%
12.01%
9.42%
12.43%13.28%
9.62%9.80%
9.30%
0%
4%
8%
12%
16%
20%
0.00
15.00
30.00
45.00
60.00
FY2010 FY2011 FY2012 FY2013 FY2014 1H2014 1H2015
Net Profit Net Profit Margin ROE ROA
20Phol Dhanya Public Company Limited
DIVIDEND PAYMENT
- Dividend payment policy: Not less than 40% of net profit
0.21
0.24
0.38
0.24
0.10
0.20
0.24 0.23
0.20
0.08
78%80%
114%
89% 84%
0%
20%
40%
60%
80%
100%
120%
0.00
0.05
0.10
0.15
0.20
0.25
0.30
0.35
0.40
2011 2012 2013 2014 1H2015
EPS Dividend % of Net profit
Dividend Payment
Note : In 2013, Stock dividend at the rate of exiting share : stock dividend = 5: 1 and cash dividend 0.23 Baht/Share : In 2015 – Interim Dividend Payment 0.08 Baht/Share
Baht
24Phol Dhanya Public Company Limited
WATER TREATMENT PROJECTS BACKLOG
� Luckytex (Thailand) Public Company LimitedSystem : Waste Water Recycling System
Project type : EPC
Value : 35 Million Baht
� โครงการกอ่สรา้งระบบประปาชุมชุม Community Water Supply System
Project type : EPC
10 Projects Value : 24.75 Million Baht
25Phol Dhanya Public Company Limited
1. Occupational Safety, Health, and Environment Products (SAFETY)
2. Control Environment Products (CE)
3. Water Treatment Products (WATER)
Total Revenue Average Growth 15-20% up
FY2015 GROWTH TARGET
+ 15%
+ 70%
+ 20%
26Phol Dhanya Public Company Limited
CONTACT US
Head Office1/11 Moo 3, Lamlukka Rd, Ladsawai, Lamlukka, Pathumthani 12150Tel : 0-2791-0111-112
� Rayong Branch155/213 Moo.2, Tubma, Muang Rayong, Rayong21000Tel : 038-034-011
• Chiangmai Branch47/55-57 Chotana Rd, Chang Phuak, MuangChiangmai, Chiangmai 50300 Tel : 053-226-811
• Phuket Branch99/9 Moo 4, Vichit, Muang Phuket, Phuket 83000Tel : 076-215-100
Website: www.pdgth.com
Office and Branch
Tel : 0-2791-0206Email : [email protected] : 0-2791-0206Email : [email protected]
Investor Relation