Financial Highlights

Unit: Million Baht

Consolidated Statement of Financial Position (Million Baht) 31 December 2022 31 March 2023 30 June
2023		 30 September
2023		 31 December 2023
Assets          
Current assets          
Cash and cash equivalents, and short-term investments 617 556 719 707 770
Trade receivables 1,686 1,730 1,695 1,587 1,516
Inventories 1,226 1,240 1,168 1,181 1,040
Others 162 164 179 246 186
Total current assets 3,691 3,690 3,761 3,721 3,512
Non-current assets          
Long-term investments 315 316 310 309 311
Property, plant and equipment, and Right-of-use assets 3,886 3,816 3,794 3,683 3,488
Intangible assets and goodwill 23 22 22 24 26
Deferred tax assets 188 187 189 190 185
Others 36 40 34 30 40
Total non-current assets 4,448 4,381 4,349 4,236 4,050
Total assets 8,139 8,071 8,110 7,957 7,562
Liabilities and shareholders' equity          
Current liabilities          
Short-term loans and current portion of long-term loans 1,293 1,181 1,245 1,047 922
Trade payables 1,050 1,074 990 973 845
Others 370 363 383 455 311
Total current liabilities 2,713 2,618 2,618 2,475 2,078
Non-current liabilities          
Long-term loans 662 613 592 552 577
Provision for long-term employee benefits 334 337 341 346 321
Others 50 47 45 57 57
Total non-current liabilities 1,046 997 978 955 955
Total liabilities 3,759 3,615 3,596 3,430 3,033
Shareholders' equity          
Share capital 2,710 2,710 2,710 2,710 2,710
Retained earnings - appropriated legal reserve 271 271 271 271 271
Retained earnings - unappropriated 1,418 1,499 1,481 1,522 1,634
Others (267) (274) (190) (217) (336)
Equity attributable to equity holders of the Company 4,132 4,206 4,272 4,286 4,279
Non-controlling interests 248 250 242 241 250
Total shareholders' equity 4,380 4,456 4,514 4,527 4,529
Total liabilities and shareholders' equity 8,139 8,071 8,110 7,957 7,562
Consolidated Statement of Comprehensive Income (Million Baht) Quarter 4
2022		 Quarter 1
2023		 Quarter 2
2023		 Quarter 3
2023		 Quarter 4
2023
Sales          
     Sales from industrial business unit 1,914 1,842 1,844 1,719 1,595
     Sales from household business unit 430 329 343 291 420
    Sales from moulds and others business line 39 19 39 41 68
Total sales 2,383 2,190 2,226 2,051 2,083
Gross profit 337 302 292 294 318
Selling and administrative expenses (239) (201) (206) (207) (254)
Operating profit (loss) 98 101 86 87 64
Profit before interest, income tax, depreciation and amortisation (EBITDA) 253 279 281 281 294
Profit (loss) for the year 61 85 88 94 109
Net profit (loss) attributable to equity holders of the Company 57 82 90 95 105
Earnings (loss) per share (Baht) 0.02 0.03 0.03 0.03 0.04
Consolidated Statement of Cash Flows (Million Baht) Quarter 4
2022		 Quarter 1
2023		 Quarter 2
2023		 Quarter 3
2023		 Quarter 4
2023
Net cash flows from operating activities 208 238 358 299 56
Net cash flows from (used in) investing activities (150) (127) (61) (72) 62
Net cash flows from (used in) financing activities (50) (165) (90) (295) (83)
Cash and cash equivalents at end of period 617 556 713 674 755

Unit: Million Baht

Consolidated Statement of Financial Position (Million Baht) 31 December
2019 2020 2021 2022 2023
Assets        
Current assets        
Cash and cash equivalents, and short-term investments 321 583 672 617 770
Trade receivables 1,737 1,330 1,540 1,686 1,516
Inventories 1,177 860 1,107 1,226 1,040
Others 153 174 118 162 186
Total current assets 3,388 2,947 3,437 3,691 3,512
Non-current assets          
Long-term investments 352 323 346 315 311
Property, plant and equipment, and Right-of-use assets 4,442 4,125 3,994 3,886 3,488
Intangible assets and goodwill 29 24 20 23 26
Deferred tax assets 231 210 198 188 185
Others 30 30 51 36 40
Total non-current assets 5,084 4,712 4,609 4,448 4,050
Total assets 8,472 7,659 8,046 8,139 7,562
Liabilities and shareholders' equity          
Current liabilities          
Short-term loans and current portion of long-term loans 2,217 1,956 1,573 1,293 922
Trade payables 916 798 962 1,050 845
Others 339 279 290 370 311
Total current liabilities 3,472 3,033 2,825 2,713 2,078
Non-current liabilities          
Long-term loans 633 424 673 662 577
Provision for long-term employee benefits 414 361 351 334 321
Others 7 48 54 50 57
Total non-current liabilities 1,054 833 1,078 1,046 955
Total liabilities 4,526 3,866 3,903 3,759 3,033
Shareholders' equity          
Share capital 2,710 2,710 2,710 2,710 2,710
Retained earnings - appropriated legal reserve 264 266 271 271 271
Retained earnings - unappropriated 1,093 973 1,149 1,418 1,634
Others (371) (395) (226) (267) (336)
Equity attributable to equity holders of the Company 3,696 3,554 3,904 4,132 4,279
Non-controlling interests 250 239 239 248 250
Total shareholders' equity 3,946 3,793 4,143 4,380 4,529
Total liabilities and shareholders' equity 8,472 7,659 8,046 8,139 7,562
Consolidated Statement of Comprehensive Income (Million Baht) 12 Months
2019
2020
2021
2022
2023
Sales          
    Sales from industrial business unit 7,024 5,509 6,101 7,774 7,000
    Sales from household business unit 1,605 1,112 1,241 1,473 1,383
    Sales from moulds and others business line 217 252 168 124 167
Total sales 8,846 6,873 7,510 9,371 8,550
Gross profit 764 714 927 1,270 1,206
Selling and administrative expenses (968) (758) (770) (858) (868)
Operating profit (loss) (204) (44) 157 412 338
Profit before interest, income tax, depreciation and amortisation (EBITDA) 639 745 951 1,140 1,135
Profit (loss) for the year (212) (100) 183 362 376
Net profit (loss) attributable to equity holders of the Company (215) (92) 181 350 372
Earnings (loss) per share (Baht) (0.08) (0.03) 0.07 0.13 0.14
Consolidated Statement of Cash Flows (Million Baht) 12 Months
2019
2020
2021
2022
2023
Net cash flows from operating activities 1,330 1,064 622 802 951
Net cash flows from (used in) investing activities (120) (284) (325) (456) (198)
Net cash flows from (used in) financing activities (1,301) (494) (192) (395) (633)
Cash and cash equivalents at end of year 321 583 672 617 755