Performance

Announcement Presentation Q2/2019

1

Content

Company Overview

Industry Info and Economic Situation

IR Report & Investment Highlight

The 2019 Performance

Q&A

2

Company Overview

and Strategy

3

Since 1994 Over 30 Leading producers - Top 3 in the world -

Business Unit

Performance Overview (Unit : MB.) Sales decreased in 1H/2019

Value -6 % (YoY) Quantity 6 % (YoY)

Company Overview

Commodity Polymer

Specialty Engineering Polymer &

Rubber

Specialty Chemicals & Intermediate

4

Statements of Financial Position

1,600

1,650

1,700

1,750

1,800

1,850

1,900

1/H2018 BU1 BU2 BU3 1H/2019

1,887

1,775

81

34 3

Jun. 30, 2019 Dec. 31, 2018

Performance Overview

Sales Amount 1H-2019 Sales Quantity 1H-2019

- 8.%

- 4% +15% +5%

+8.

+80%

1,500

1,550

1,600

1,650

1,700

1,750

1,800

1,850

1,900

1/H2018 BU1 BU2 BU3 1H/2019

1,887

1,775

81

34 3

Value (MB)

-5.93%

28,000

29,000

30,000

31,000

32,000

33,000

34,000

35,000

1H/2018 BU1 BU2 BU3 1/H2019

32,668

34,770

1,077

951

74 QTY (Tons)

+6.43%

5

Ethic Doing business with ethics and no legal offense

Sustainable Build sustainable growth of profitability and revenue to be market leader

Employee

Develop knowledge skill and expertise to staff as professional. to create a happy workplace

Business Partner Connect the best supplier and bridge advanced technologies for customer’s best value as business partner. Work closely with Financial Institute as business partner to success

Company Mission

6

Company Vision

7

Olefin&Aromatic

Producers

Monomer

producers

(MEG, VCM)

Converters

Petrochemical and plastic producers

Upstream End users Intermediate

Compounders

Master batch

producers

Compounders

Polymer

producers

(PP, PE, PVC)

Downstream

Where we are in the value chain of Thai Petrochemical Industry.

8

Suppliers S1 S2 S3 S4 S5 Sn

Customers C1 C2 C3 C4 C5 Cn

Economy of Scope to Customers

Economy of Scale to Suppliers

Logistic : Warehousing, small delivery, and repacking

Sales & Marketing : Closely contact to end markets/customers

Technical Services : Troubleshooting / Product and Market Development

Financing & structuring solution : Extending our expertise to customer

Provided

Leads the differentiation

GC’s role and positioning in the market

Free Float Overview As of April 18th, 2019

Total Shareholders 1,596

% Shares in Minor Shareholders (Free float) 33.84%

Rank Major Shareholders #Shares %Shares

1 Mr. Somchai Kulimakin 44,499,800 22.25%

2 Mr. Sumruay Tichachol 27,125,000 13.56%

3 Mr. Bhiya Jriyasetapong 26,125,000 13.06%

4 Ms. Nisaporn Sirijuntanan 25,780,430 12.86%

123,530,230.0 61.77%Sub Total

2000 Distributing agent of AES : Santroprene

1999 Distributing agent of Siam Polystyrene (Thailand) Co., ltd. and Cabot Plastic Hong Kong Ltd.

1994

GC was established by 5

founders with initial registered capital of 2 MB.

1998 Distributing agent of OCV Reinforcement Co., Ltd

2005 Listed company and paid-up capital to 200 MB More Product from Exxon : Butyl & Vistamaxx

1994 - 1999 2006 - Current 2000 - 2005

Start business with commodity plastic

Diversify company portfolio from commodity to specialty

plastic

Create sustainable growth being the best partner for solution and service

in industrial raw material supply

2011 Distributing agent of Miliken Chemical,Imerys Meneral, Timcal Ltd. Exxon Product : ENABLE, EXCEED

2012

Change Distributing agent of

SCG to GCM. Exxon Product : Special Compound

2016 Invest in PV solar rooftop project (23 years remaining duration power purchase agreement (PPA) with MEA.)

2004 Distributing agent of ExxonMobil and Rio Tinto Mineral Asia

1996 Distributing agent of SCG Plastics Co., ltd. and Eastman Chemical , which was the start of specialty product distribution.

1997 Distributing agent of DuPont Performance Polymers and Chi Mei

2008 Distributing agent of DIC Exxon Product : PE PP

2010 Distributing agent of Trinseo (Styron) and BST Elastomers Co., Ltd.

2006 Distributing agent of Nanocor Inc.

2009 Exxon Product : Vistamaxx

1994 1996 1998 2000 2004 2006 2008 2010 2012 2014 2015 2016

2014 Distributing agent of TechnoGreen and UBE GROUP

2015 Service water cooling system solutions

Company History

10

Organization Chart Board of Director

Executive Committee

Chief Executive Officer

Sale & Marketing

BU 1

BU 2

BU 3

Business Support

Market Development & Laboratory

Business Support

Finance & Accounting

Finance

Accounting

IT & ERP

Logistics

Warehouse

Transportation

New Business Research and Development & HR

New Business Research

Development

Human resource and Administration

Assistant to CEO IR & Company Secretary

The Corporate Governance Nomination and Remuneration

Committee Audit Committee

Internal Audit

Our Business Unit

BU1 COMMODITY POLYMER

BU3 SPECIALTY

CHEMICALS & INTERMEDIATE

BU2 SPECIALTY

ENGINEERING POLYMER

& RUBBER

• Polyolefins

PE: HDPE, LDPE, LLDPE (C4,C8)

PP: Homo, Block Copo, Random

• PU

• Tie Layer Polymer

• Specialty Polyolefins

• Nylon, POM, PBT, TEEE, PCT, LCP, PC

• Black/White MB

• PETG/PCTG, CA

• PS, HIPS, ABS, SAN, SBC

• EVA for HMA, Hydrocarbon Resin

• PE Plastomer, PP Plastomer, TPO

• TPVs, TPU

• TPE, TPR, Reinforcement compound

• Glass Fiber (Chop Strand, Long glass)

• EPDM , BUTYL

• BR, SBR

• TALC, SILICA, CARBON BLACK

• FLAME RETARDANT (ZB, ATO)

• Plastic Additives

• Intermediate chemical

• Water and waste solutions

Industry Focus

CONSUMERS PRODUCTS

- Flexible Film & Packaging

- Rigid Packaging

- Shoes

- Medicals

- Others

INDUSTRIAL

- Electrical & Appliances

- Constructions

- Adhesives& Sealant

AUTOMOTIVE

- Interior Part

- Exterior Part

- Under hood

1st Half 2018

Customer Segment by Sale Percent of Value

14

1st Half 2019

1,775.47 MB. 1,890.39 MB.

Agriculture, 2%

Automotive, 13%

Construction, 1%

Consumer products &

Household, 17%

Electrical & Electronics, 5%

Others, 0%

Packaging, 40%

Petrochemical & Intermediate,

21%

Agriculture, 2%

Automotive, 19%

Construction, 1%

Consumer products & Household,

17%

Electrical & Electronics,

7% Others, 0%

Packaging, 41%

Petrochemical &

Intermediate, 12%

1st Half 2018

Customer Segment by Sale Percent of Quantity

15

1st Half 2019

34,770 Tons. 32,668 Tons.

Agriculture, 3%

Automotive, 14%

Construction, 1%

Consumer products & Household,

16%

Electrical & Electronics, 4%

Others, 0%

Packaging, 50%

Petrochemical & Intermediate,

12%

Agriculture, 2%

Automotive, 12%

Construction, 1%

Consumer products & Household,

17%

Electrical & Electronics, 5%

Others, 0%

Packaging, 50%

Petrochemical & Intermediate,

12%

Company Strategy in 2019 : VALUE

Value creation thru Innovation and Differentiation

Aligned investment for future sustainable growth

Lean management thru Efficiency and Effectiveness

Utilized customer base and cumulate Big Data

Efficiency on Cost Management

16

GC’s Strategy

1.Boost up market Share by keeping retention customers, create

new customers and reactivate inactive customers also utilize our customer database

2.Looking for new business development and filling in product portfolio to wider product range in order to confirm our one

stop shopping service such as additive and/or chemical including plastic polymer

3.Investing in our own R&D for product creation to strength our

own brand “GC/GIC”

4.Catch up technology fast moving, innovation and disruption

5.Efficiency on cost and working capital management

17

COMPETITOR BENCHMARK

18

COMPETITORS FINANCIAL PERFORMANCE DATA 2018

Remark: Sales growth (%) calculate by sales in 2017 and 2018

GC A B C D E F G H BENCHMARK

3,660

4,871

3,211

2,828 2,712 2,331

820 667

2,424 2,079

263 350 54 56 136 36 67 106 49 96

86 16 8 21 19 -2 11 50 7 19

Sales (MB.) Gross Profit (MB.) Net Profit (MB.)

-1.80% 5.33%

0.36%

-6.29% -1.70%

-0.63% 2.05% 5.48% -2.02% -5.51%

-4.11% 5.18%

28.32%

-23.29% -34.95%

-288.74%

-35.80%

17.54%

-14.49%

-4.90%

sales growth Profit growth

19

Economic Outlook

20

World Economic 𝟐𝒏𝒅Quarter 2019

USA -Uncertainty of trade war from USA/China. -Low inflation continually. -Deceleration of economic growth.

-The forecast of policy rate reducing by FED.

China -The lowest of GDP growth rate in the past of thirty years as 6.2%. -The increase of domestic retail, manufacturing and industrial sectors. -The decrease of import and export cause by trade war and slowly growth of world economy.

Eurozone -High risk of Debt in Italy. -Tensions rising by trade and Brexit.

Japanese -Deceleration of economic growth.

-Decrease of Export and domestic production

The global economy was expected to grow at slower rate mainly due to escalated trade tensions between the U.S. and China, causing a decline in global trade volume and investor confidence.

21

Petrochemical Complex

Source : Thailand Industry Outlook 2019 Petrochemical, Krungsri Research 22

Crude Oil Price Chart

45

50

55

60

65

70

75

80

2 Jan 19 17 Jan 19 1 Feb 19 16 Feb 19 3 Mar 19 18 Mar 19 2 Apr 19 17 Apr 19 2 May 19 17 May 19 1 Jun 19 16 Jun 19

WTI (Dollars per Barrel) Brent (Dollars per Barrel)

BRENT : 12 Jun 19 @ 61.66

WTI : 23 Apr 19 @ 66.24

BRENT : 25 Apr 19 @ 74.94

WTI : 12 Jun 19 @ 51.13

Source : Energy Information Administration (EIA)

Upside Factor + (P ) • Supply of Libya decreased. • Iran and Venezuela were boycotted by

USA cause the volume of crude oil export were lowered.

Downside Factor – (P ) • USA-China trade war uncertainty which

could impact to global economy. • The concern about crude oil supply will be

increased after valid OPEC’s agreement.

H

H

L

L

23

Thai Economic Performance 𝟐𝒏𝒅Quarter 2019

31.41

31.64

31.98 32.10

31.92

30.92

31 Jan 2019 28 Feb 2019 29 Mar 2019 30 Apr 2019 31 May 2019 28 Jun 2019

Exchange rate as of the end of each month (Baht/Dollars)

• Exchange rate appreciated cause the export and touism decreased.

• MPI in June was 5.54% that decreasing 2.64% (YoY) cause world economy has been slowly grown.

• Private investment was slowly increased.

The Thai economy expanded at a slowly was affected by the slowdown in trading partner economies. Domestic demand continued to support the economic growth.

Source : Monetary Policy Report June 2019, Bank of Thailand 24

Manufacturing Production Index (MPI)

Source : Monetary Policy Report June 2019, Bank of Thailand

25

Thailand’s Production, Sale and Export Numbers of Motor Vehicle as of 2013-2019

2,457,057

1,880,007 1,913,002 1,944,417 1,988,823

1,056,569 1,065,945

1,330,672

881,832 799,632 768,788

871,650

561,960 559,861

1,128,152 1,128,102 1,204,895 1,188,515

1,139,696

489,118 523,770

0

500,000

1,000,000

1,500,000

2,000,000

2,500,000

3,000,000

2013 2014 2015 2016 2017 1H-2018 1H-2019

Production Sale Export

Unit(s)

26

Business Opportunity : Thailand in EEC (New S-Curve )

• Value added 1.Automotive parts

2.Smart electronic devices 3.Tourism 4.Biotechnology 5.Fuel industry

• Value shift 6.Robot industry 7.Comprehensive medical industry 8.Food processing industry 9.Transportation industry 10.Digital industry

Focus Group

Source : August 2019 “S-CURVE” , The Eastern Economic Corridor (EEC)

27

IR REPORT

28

Investor Relations Report

SET INDEX Closing Price (THB)

Closing Price (THB) Trade Volume (Thousand Shares)

Bench Mark GC Average Petro Industrial*

P/E Ratio** 11.39 11.36

Dividend Yield (%) 7.62 5.63

ROE (%) *** 21.51 15.10

Closing Price GC Q2/2019 Q1/2019

High 5.4 5.30 (12 Apr 2019) (28 Mar 2019)

Low 5.05 5.00 (30 Apr 2019) (22 Jan 2019)

Average 5.19 5.17 0.39% (QoQ) 1.97% (QoQ)

Stock Volume GC Q2/2019 Q1/2019

High 516,132 184,600 (17 Apr 2019) (4 Mar 2019)

Low 1,401 0 (13 Jun 2019) (28 Jan 2019)

Average 71,557 44,015 62.57% (QoQ) -21.76% (QoQ)

Total 4,293,399 2,728,931 57% (QoQ) -20% (QoQ)

0

100

200

300

400

500

600

4.8

4.9

5

5.1

5.2

5.3

5.4

5.5

GC-Volume (Share-Thousand Shares) GC-Closing Price(THB/Shares)

H

L

12-04-2019 (5.4)

30-04-2019 (5.05)

4.50

5.00

5.50

6.00

1,450

1,500

1,550

1,600

1,650

1,700

1,750

1,800

2/1

/62

11

/1/6

2

22

/1/6

2

31

/1/6

2

11

/2/6

2

21

/2/6

2

4/3

/62

13

/3/6

2

22

/3/6

2

2/4

/62

12

/4/6

2

25

/4/6

2

8/5

/62

17

/5/6

2

29

/5/6

2

10

/6/6

2

19

/6/6

2

28

/6/6

2

9/7

/62

19

/7/6

2

31

/7/6

2

9/8

/62

SET INDEX GC Closing Price (THB)

29

30

Q2/2019 Performance

31

STATEMENTS OF COMPREHENSIVE INCOME Unit : Million Baht

2019 2018 Change 2019 2018 Change

Sales 855.35 917.70 -7% 1,775.40 1,887.06 -6%

COGS 789.85 847.02 -7% 1,639.14 1,740.96 -6%

Gross Profit 65.50 70.68 -7% 136.26 146.10 -7%

Selling & Admin Expenses 32.20 39.22 -18% 62.34 81.07 -23%

Reduction of inventory to net

realisable value (Reversal) (0.50) 0.00 -100% 0.00 0.00 0%

EBITDA 33.80 31.46 7% 73.92 65.03 14%

Depreciation 2.36 2.43 -3% 4.79 4.92 -3%

Interest Expenses 3.32 2.83 17% 6.28 5.53 14%

Profit Before Other Income 28.12 26.20 7% 62.85 54.58 15%

Other Income 0.99 2.30 -57% 2.16 3.97 -46%

Gain (Loss) on exchange rate 2.51 (1.51) -266% 4.12 1.24 232%

Profit before Tax 31.62 26.99 17% 69.13 59.79 16%

Tax 6.79 6.61 3% 13.42 15.37 -13%

Deferred Tax Expenses (0.18) 0.76 -124% 0.15 0.57 -74%

Profit for the period 25.01 19.62 27% 55.56 43.85 27%

Actual Q2 Actual 1st_Half

SALES STRUCTURE

0

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

4,500

2015 2016 2017 2018 1H/2019

1,915 2,287 1,976 1,869

887

1,707 1,661

1,714 1,757

864

24 31 37 34

24

Sales Value-Million Baht BU3

BU2

BU1 3,979 3,660

1,775

3,646 3,727

0%

20%

40%

60%

80%

100%

2015 2016 2017 2018 1H/2019

52% 57% 53% 51% 50%

47% 42% 46% 48% 49%

1% 1% 1% 1% 1%

Sales Value in Percentage BU3

BU2

BU1

-

10

20

30

40

50

60

70

2015 2016 2017 2018 1H/2019

40.8 51.0

42.7 40.7

22.0

21.7 21.9

22.0 22.9

12.6

0.1 0.1

0.1 0.1

0.2

'000 T

Sales Quantity BU3

BU2

BU1 73.0 63.7

62.6

34.8

64.8

0%

20%

40%

60%

80%

100%

2015 2016 2017 2018 1H/2019

65% 70% 66% 64% 63%

35% 30% 34% 36% 36%

0% 0% 0% 0% 1%

Sales Quantity in Percentage BU3

BU2

BU1

32

GROSS PROFIT STRUCTURE

33

-

50

100

150

200

250

300

2015 2016 2017 2018 1H/2019

67 85 63 66 42

170 180

189 202

98

8 9 11 11

5

Gross Profit By BU BU3 BU2 BU1

145

274 245

279 263

0%

20%

40%

60%

80%

100%

2015 2016 2017 2018 1H/2019

27% 31% 24% 24% 29%

70% 66% 72% 72% 67%

3% 3% 4% 4% 4%

Gross Profit in Percentage BU3 BU2 BU1

3.5% 3.7% 3.2% 3.6% 4.7%

9.9% 10.8% 11.0% 11.5% 11.3%

33.3% 30.2%

31.3% 33.1%

21.1%

0%

5%

10%

15%

20%

25%

30%

35%

40%

45%

2015 2016 2017 2018 1H/2019

Gross Profit Margin by BU BU1

BU2

BU3

34

STATEMENTS OF COMPREHENSIVE INCOME HIGHLIGHT

Profitability Ratio

Revenue & Net Profit

Profit Margin

• GC’s gross profit margin of 1H/2019 was lower than

1H/2018’s due to the severe price competition in some

products of BU2.

• GC’s net profit margin of 1H/2019 has been

increasing compared to 1H/2018’s. This was due to

an increase in allowance for doubtful accounts in

1H/2018.

Revenue and Net Profit In 1H/2019, sales value decreased from 1H/2018’s

around 6% due to the decline in selling price resulting

from the global economy slowdown which was the

effect of the US-China trade conflict. However, the

sales volume of 1H/2019 was increased by 6%

compared to 1H/2018’s.

0.0

1.0

2.0

3.0

4.0

5.0

6.0

7.0

8.0

2005 2006 2007 2008 2009

-

5

10

15

20

25

30

35

3,659 3,985

3,741 3,673

1,782

79 93 90 86

56

-

30

60

90

120

150

0

500

1000

1500

2000

2500

3000

3500

4000

2015 2016 2017 2018 1H/2019

Revenue (

Mill

ion B

aht)

Revenue Net Profit

6.29 6.48 6.64 7.17

7.67

2.17 2.33 2.40 2.35 3.13 19.56 21.69 20.44 19.17

24.33

-

5

10

15

20

25

30

35

40

45

50

0.0

1.0

2.0

3.0

4.0

5.0

6.0

7.0

8.0

9.0

10.0

2015 2016 2017 2018 1H/2019

Gross Profit Margin (%) Net Profit Margin (%) ROE (%)

ROE Profit Margin

35

STATEMENTS OF FINANCIAL POSITION

Unit : Million Baht

Asset 30/6/2019 31/12/2018 Change %

Trade Receivables 601.66 577.59 24.07 4%

Inventory 535.81 545.73 -9.92 -2%

Net Fixed Assets 111.01 109.75 1.26 1%

Total Assets 1,275.12 1,268.47 6.65 1%

Liabilities

Short Term Loan 591.33 606.44 -15.11 -2%

Trade Payables 182.99 173.21 9.78 6%

Total Liabilities 812.64 817.54 -4.90 -1%

Equity

Paid up Capital 200.00 200.00 0.00 0%

Share Premium 56.03 56.03 0.00 0%

Retained Earnings 206.45 194.90 11.55 6%

Total Equity 462.48 450.93 11.55 3%

36

STATEMENTS OF FINANCIAL POSITION HIGHLIGHT

D/E ratio is relatively lower.

D/E ratio drop from 4.35 times since

2004 which was decreased after IPO proceeds. However, the lower D/E ratio

in 1H/2019 compared to ending 2018

was resulting from the decline in

short-term loan.

Continuous increase in current ratio

GC current ratio has been improving to

higher than 1.0x since GC got more

working capital from IPO proceed.

This higher liquidity can reduce GC’s

financial costs.

2.27 2.16

1.79 1.81 1.76

-

0.50

1.00

1.50

2.00

2.50

2015 2016 2017 2018 1H/2019

Debt to Equity Ratio

1.33 1.34 1.43 1.43 1.44

-

0.50

1.00

1.50

2.00

2015 2016 2017 2018 1H/2019

Current Ratio

DIVIDEND PAYMENT RECORD

37

Dividend

(BPS.) Before On X-Date

30-Jun-19 0.22 9-Sep-19 22-Aug-19 n/a n/a 4.15%*

31-Dec-18 0.22 30-Apr-19 17-Apr-19 5.40 5.10 4.07%

30-Jun-18 0.18 7-Sep-18 20-Aug-18 5.30 5.05 3.40%

31-Dec-17 0.22 30-Apr-18 12-Apr-18 5.45 5.15 4.04%

30-Jun-17 0.18 8-Sep-17 23-Aug-17 5.25 5.10 3.43%

31-Dec-16 0.20 17-May-17 27-Apr-17 5.60 5.40 3.57%

30-Jun-16 0.22 9-Sep-16 24-Aug-16 5.15 4.88 4.27%

31-Dec-15 0.20 29-Apr-16 18-Apr-16 4.44 4.20 4.50%

30-Jun-15 0.15 4-Sep-15 19-Aug-15 4.04 3.84 3.71%

31-Dec-14 0.08 30-Apr-15 10-Apr-15 4.42 4.30 1.81%

30-Jun-14 0.15 4-Sep-14 18-Aug-14 4.40 4.28 3.41%

31-Dec-13 0.14 30-Apr-14 11-Apr-14 4.46 4.32 3.14%

30-Jun-13 0.18 5-Sep-13 20-Aug-13 4.84 4.60 3.72%

31-Dec-12 0.19 30-Apr-13 12-Apr-13 5.00 4.84 3.80%

30-Jun-12 0.17 6-Sep-12 21-Aug-12 4.96 4.76 3.43%

31-Dec-11 0.16 30-Apr-12 12-Apr-12 4.96 4.86 3.23%

30-Jun-11 0.24 9-Sep-11 25-Aug-11 5.90 5.55 4.07%

31-Dec-10 0.26 29-Apr-11 18-Apr-11 5.80 5.50 4.48%

30-Jun-10 0.24 10-Sep-10 26-Aug-10 5.50 5.20 4.36%

31-Dec-09 0.26 30-Apr-10 16-Apr-10 4.72 4.22 5.51%

30-Jun-09 0.14 11-Sep-09 27-Aug-09 3.28 3.28 4.27%

31-Dec-08 0.12 30-Apr-09 16-Apr-09 2.40 2.40 5.00%

30-Jun-08 0.20 12-Sep-08 26-Aug-08 4.84 4.60 4.13%

31-Dec-07 0.26 30-Apr-08 17-Mar-08 4.06 3.90 6.40%

30-Jun-07 0.14 7-Sep-07 21-Aug-07 3.46 3.32 4.05%

31-Dec-06 0.15 27-Apr-07 9-Mar-07 2.92 2.78 5.14%

30-Jun-06 0.10 8-Sep-06 22-Aug-06 2.64 2.54 3.79%

31-Dec-05 0.14 28-Apr-06 10-Mar-06 2.46 2.48 5.69%

* Calculated from closing price on 5/8/2019 @ 5.30 baht

Operation

Period EndingPayment Date X-Date

Price with X-Date Dividend Yield

(cal. From before

X-Date Price)

38

DIVIDEND PAYOUT RATIO

108

77

96

124

80 76

70

48

79

93 90 86

56

74%

84% 83%80%

99%94%

91%97%

88%91% 89%

93%

79%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

-

20

40

60

80

100

120

140

160

180

Div

ide

nd

Pa

you

t R

ati

o

Net

Pro

fit (

Mill

ion

Bah

t)

Net Profit (Million Baht.) Dividend Payout Ratio

GC’S DIVIDEND YIELD

4.50 4.70

2.30

5.50

(0.90)

3.30 3.80

3.00 2.20

1.90

(0.90)

0.19 0.66 1.07 0.92

1.40 1.48

3.00

4.50

2.32 1.88

0.83 1.55

2.85 2.43 2.25

1.73 1.40 1.40 1.40

5.69

8.92

10.45

9.13 9.78

8.85

7.29 7.23 6.86

5.22

8.22 7.84

7.47 7.47

4.15

(2.00)

0.00

2.00

4.00

6.00

8.00

10.00

12.00

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 1H2019

Inflation Rate Average 1 year Deposit GC's Dividend Yield (%)

Remark : Source Bank of Thailand https://www.bot.or.th/Thai/Statistics/EconomicAndFinancial/Pages/StatMacroEconomicIndicators.aspx*Interest rate is a average interest rate from Bank of Thailand 39

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Investment Highlight

An Organization of Unique Characteristics:

Visionary, experienced, hands-on management team & knowledgeable staffs,

Long term relation with trade partner and also Financial Institute

Distributorship of the world renowned producers in plastics & petrochemicals (mostly in the

top three ranking of the world in term of Advance Technology & Production Capacity)

Products variety which render complete range of raw materials to best suit the customers'

requirement (one stop shopping service)

Sustainable growth with systematic risk management : Bad debt (trade credit insurance),

foreign exchange exposure and price fluctuation

Diversified and well balanced sources of revenue from various industries

Regular (twice a year) Dividend payment with high yield. (Fully statutory reserve)

for the past 12 years. Top 50’s dividend yield of The SET in the range of 5-10% per annum

Good Corporate Governance : with Excellent level

Your best partner for value co-creation solution

and service in industrial raw material supply

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Thank you, Questions are welcome