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UBIS (ASIA) PLC.OPPORTUNITY DAY
MARCH 11, 2010.
Ubis (Asia) Public Company Limited
• Industry Information• Company Operation • Future and Opportunity
Industry Information
Canned Food Export during 2005-2009
Industry Information
0
20,000
40,000
60,000
80,000
100,000
120,000
2005 2006 2007 2008 2009
Canned Fruit
Canned Tuna & Seafood
8%14%
26%-14%
Industry Information
Million Baht 2008 2009 %
Canned seafood 71,874 62,064 -14%
Canned Fruit 23,618 19,700 -17%
Total 95,492 81,764 -14%
2009 Thailand Canned Food Export
total THB 81,764 m
64%12%
17%
7%
Canned Tuna
Canned Oth Seafood
Canned Pineapple
Canned Oth Fruit
Industry Information
Company Operation
Company Operation – 2009 Performance
’000 Baht 2009 2008 %
Sale 560,975 559,816 0.2%
Gross Profit 201,612 168,230 19.8%
Other Incomes 13,386 19,849 -32%
Expenses 113,895 105,813 7.6%
Net Profit 70,080 57,270 22.4%
Company Operation – 2009 Sale by Products
-100,000
0
100,000
200,000
300,000
400,000
500,000
600,000
2008 317,579 208,313 33,924 559,816
2009 323,428 207,597 29,950 560,975
% change 1.80% -0.30% -11.70% 0.20%
Compound Lacquer Other Products Total Sale
Company Operation – 2009 Sale by Products
58%
37%
5%
Compound
Lacquer
Other Products
Company Operation – 2009 Sale by Regions
-200,000
0
200,000
400,000
600,000
2008 361,039 198,777 559,816
2009 347,129 213,846 560,975
% change -3.85% 7.60% 0.20%
Domestic Sale Overseas Sale Total Sale
Company Operation – 2009 Sale by Regions
62%
38%
Domestic Sale
Overseas Sale
Company Operation – 2009 Ratio
2007 2008 2009Return on Assets (ROA) 16.6% 15.4% 18.2%Return on Equity (ROE) 24.4% 19.8% 23.8%Net Profit Margin 11.5% 9.9% 12.2%EPS 0.33 0.30 0.37Current Ratio 4.42 4.49 3.96D/E Ratio 0.30 0.28 0.33
Future and Opportunity
Marketing
)
ตลาดยโุรป อเมรกิา แอฟริกา และตะวนัออกกลาง
UBIS
CHINA
ASEAN
Henkel
INDIA .
Metlac
Future and Opportunity• The company growth - Sales
0
200,000
400,000
600,000
Sales 450,627 490,969 559,816 560,975
% change 9.0% 14.0% 0.2%
2006 2007 2008 2009
Future and Opportunity• The company growth – Net Profit
-20,000
0
20,000
40,000
60,000
80,000
Net Profit 40,625 58,473 57,270 70,080
% change 43.9% -2.1% 22.4%
2006 2007 2008 2009
Future and Opportunity
ASEAN • UBIS export to Malaysia, Singapore, Philippines, Indonesia,
Vietnam and Myanmar.• The market size of the other ASEAN countries are still small,
e.g. Laos, Brunai, etc.• AFTA, starting January 1, 2010 most import tariff are 0%.• One factory in Thailand serve the whole market in ASEAN .*
Future and Opportunity
CHINA• FTA will lower import tariff in 2010• Enhance our export versus local production• China 2010 expected economic growth 8 %
(some say 9-10%)• World Expo, Asian Games • We expect the can making industry to grow 10-15 % .*
Future and Opportunity
INDIA• Tinplate consumption 377,000 tons in 2009 which is
about half of Thailand => room for more growth• In the past the can making industry grew at 5-6 % per
year but expected to accelerate with fast growing economy
• Some sector like beverage cans grow at 20-25 % a year• FTA still does not effectively work well .*
Future and Opportunity
METLAC• METLAC is the fourth largest can coating producer in Europe• Ubis is the exclusive distributor of Metlac’s can coatings and
inks for Thailand, China, Vietnam and Philippines .*
Future and Opportunity
HENKEL• To continue growing in the existing market: Europe, Russia,
Poland, Brazil, Mexico, Australia• Expansion to new market: U.S.A., South America, Middle East
and the others• Expected sale for new sector--- Beer and Beverage cans, e.g.
Coke, Pepsi and Beers, in significant volume from Q3, 2010news
Ubis (Asia) Public Company Limited
Q&A
THANK YOU
