BKDBangkok Dec-Con Public Company Limited

Opportunity Day Q2/2017September 5, 2017

1

Agenda

Market Overview

Financial Overview

2

Investment Highlights

Company Overview

Our Business❖ Complete interior contractor services

❖ For hotels, hospitals, condominiums, offices, shopping malls, universities, and houses

❖ Thailand and abroad

❖ Public enterprises and private corporations

3

Company History

Current registered capital of more than 500 Million Baht

Listed in the MAI market with 350 Million Baht registered capital

Stop exporting and focus only on interior construction

Manufacture and export rubber wood furniture

Start interior construction

Manufacture and supply office furniture to the government1985

1992

1993

2000

2013

Now4

Our Customers

5

Bangkok Marriott Marquis Queen’s Park

6

Lotte

7

Mercure

8

Kritthai

9

Strength1. The first listed interior construction company in Thailand

2. Net cash company

3. Continuous growth

4. Good working relationship with both private and public sectors, as well as the suppliers

5. Expertise in many project fields (hotels, hospitals, condos, offices, etc.)

10

Agenda

Market Overview

Financial Overview

11

Investment Highlights

Company Overview

AEC❖ Relationship with Chip Mong Group (from Cambodia)

❖ Opportunities to expand to a higher margin market

12

BiddingCurrent❖ Office ~1300MB

❖ Hospital ~900MB

❖ Condo and Housing ~40MB

❖ Hotel and Residence ~50MB

Future❖ Office (4 projects ~ 1300MB) *government

❖ Hospital (2 projects ~600MB) *government and private

❖ Retail ~250MB

13

Agenda

Market Overview

Financial Overview

14

Investment Highlights

Company Overview

Half Year Financial Highlights

Current Ratio: 2.99D/E Ratio: 0.50

Backlog: 1,240 MB

GP: 5.79%

NP: 6.87%

Revenue: 740 MB

Gross Profit: 43 MB

Net Profit: 51 MB

15

Half Year Revenue and Profit TrendsM

illio

n Ba

ht

0

200

400

600

800

Net Profit Gross Margin Revenue

740

4351

691

11345

568

13178

432

10354

290

7133

2013 2014 2015 2016 2017

16

Other1%House

10%Museum

6%

Office24%

Hotel4%

Hospital55%

Backlog Structure

17

Private23%

Public77%

❖ current work on hand: 1,240 Million Baht

Rama Hospital

18

Revenue Estimation from Backlog

19

Q1/2017 317,000,000

Q2/2017 423,000,000

Q3/2017 36%

Q4/2017 36%

Revenue ForecastM

illio

n Ba

ht

00

450

900

1,350

1,800

2013 2014 2015 2016 2017 2018

1773

902

740

13681154

907601

Revenue Forecast

27%

17731642

19%

20%8%

51%

20

Agenda

Market Overview

Financial Overview

21

Investment Highlights

Company Overview

Investment Highlights

Price (B) 3.30

P/E 8.64

Listed Share (M) 986.21

Market Cap (MB) 3,254.49

Dividend Policy Not less than 40%

First-day trade September 25, 2013

(as of September 1, 2017)

22

Krungthep Kritha

❖ Bought: 87 Million Baht in August 2009 (20 Rai)

❖ Sold: 492 Million Baht in April 2017

❖ Cost: 37 Million Baht (commission and transfer fee)

❖ Profit: 368 Million Baht

❖ Special dividend paid: 0.27 Baht per share on September 5, 2017

23

Khu Khot

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สถานี คูคต

❖ The land is located just 80 meters away from the Khu Khot Station (Metro Green Line)

❖ Opposite is the land owned by BTS Group

❖ Cost: 616,242,400 Baht (28 Rai)

Summary

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Promising IndustryGovernment projects

AEC opportunityFew competitors

Excellent TeamCommitted management team

Experienced craftsmanKnowledgable operator

Strong Financial StatusLow D/E ratioCash company

Continuous growth

Trustworthy Interior Contractor30 years of experience

Great track recordsNumber one in the industry

Q & A

26