COMPANY VISIT 1
Board of Directors and Management Structure Board of Directors Position 1. Mr. Premon Pinskul Chairman, ID & AC C O M P A N Y ’ S S T R U C T U R E 2. Mr. Wiwat Vice Chairman Kanokwatanawan Audit Board of 3. Mr. Phiched Bhimayothin ID & Chairman of AC Directors Committee 4. Dr. Thamnoon AnanthothaiID & AC Company 5. Mr. Maetup T.Suwan Director Secretary 6. Ms. Gulapat Director Managing Internal Kanokwatanawan Director Audit* 7. Mr. Mill Kanokwatanawan Director Deputy Management Position Managing Director 1. Mr. Maetup T.Suwan Managing Director 2. Ms. Gulapat Deputy Managing Director Assistant Kanokwatanawan Managing Director 3. Mr. Mill Kanokwatanawan Assistant Managing Director 4. Mr. Songpon Director of Operations Tasnasathienkij Human Finance & Operations 5. Ms. Uraiwan Samanwong Director of Manufacturing Accounting Manufacturing Resource 6. Ms. Chamaiporn Director of Finance & Tungkittisuwan Accounting * Outsourcing 2
Company Milestones – Up to 22 branches as at 1H ’ 17 • Opened The Portal, Impact Muang • Opened Crystal Thong Thani branches, Bangkok Ratchapruk, maharaj, Hospital and Esplanade Mega Bangna, The Ratchadapisek Mall Bangkae and • Close Maygori at The Common Future Park Rangsit • Re-opened branches • Launched After You Durian at Siam Central World • Registered new Paragon branch subsidiary, Aurum • Our factory passed and received the • Group and Aurum Co., Ltd certificate of Good Manufacturing Restructuring • Opened • Opened La • Increased registered Practice (GMP) and Hazard Analysis Villa Paragon and Critical Control Points (HACCP) capital to THB 54 mm Phaholyot and Crystal in June 2017 Park hin branch branches 2009 2011 2013 Q2-2017 2015 2 Branches 4 Branches 8 Branches 15 Branches Continuous Growth for the Past Decade 20 Branches 7 Branches 11 Branches 1 Branch 2 Branches 2016 2014 2012 2010 2007 • Started operation of new factory at • Opened The • The 1 st After • Opened • Opened Central Samutsakorn province Mall Bangkapi You welcomed Central World Ladprao, and SQ1 its customers branch Int-Intersec and • Launched new brand, Maygori at The branches at J Avenue Silom Complex Common and SQ1 • Central World Thonglor with branches • Launched Open branch was • Opened Terminal 21 and Seacon registered new brand, • Group closed due to Square branches capital Crumb at the country Restructuring THB 5 mm • Converted to PCL Central crisis • Started Catering Embassy • Increased registered capital to THB Service • Increased 80 mm for IPO Source: Company data as of 30 June 2017 registered • Started new headquarter construction capital to THB 3 process 50 mm • IPO on 23 December 2016
Sinsakorn Plant New Head Office, C A P A C I T Y : Training Center U P T O 4 5 - 5 0 B R A N C H E S and Distribution Center A N D O E M A R E A : 2 , 4 0 0 S Q M . F O R E X P A N D I N G B U S I N E S S : A R E A : 5 , 0 0 0 S Q M . Training operation staffs L O C A T I O N for new branches, up to 2-3 : branches per month 30/106 Moo 1 Koh Kham, Muang Samutsakorn, Samutsakorn, 74000 Thailand L O C A T I O N : 1319/9 Phatthanakan Road, Suan Luang, 4 BKK 10250, Thailand
Company Business Group Structure Revenue Contribution After You Plc. & 97.5% • Dessert café 1.4% Catering & OEM 100% 1.1% Others Aurum and Aurum Co., Ltd • Sourcing raw material Note: Revenue portion of 30 June 2017 Dessert Café Overview Established Price Name Branches Location Style Products year (Bt./menu) 125 – 255 -Variety of products including cakes, Bangkok Metropolitan After You 2007 21 Dessert café cookies, toasts, breakfast, and beverages Region 85 – 345 -After You Durian Shaved ice dessert Maygori 2016 1 Bangkok Variety of shaved ice desserts 185 - 235 café Total 22 Source: Company data as of 15 June 2017 5
Consolidated Earning 1H17 (6-month) Sale - Sales growth resulted from 5 new branches EBIT & Profit - EBIT diminished by 3.9% from more employees supporting expansion. In Q1, there were 2 one-off spending on staff development cost and property expense, accounted for 0.8% of total sales. Moreover, AGM and other expenses related to SET listing were also incurred during April 2017. - Rise in net profit was pushed by new branches’ sales and drop in financial cost as bank loan was repaid after IPO 1H2017 1H2016 NPAT (MB) # of Branches 22 17 53.2 SSSG + 1.04 MB % 1H2017 1H2016 NP Margin (%) Average -4.35% 26.06% 18.0% Adjust number of days 52.2 - 2.05 % 15.9% ( 2 days different; no. of days in Feb and Staff seminar ) % 1H2017 Average -3.28% 6 1H2017 1H2016 1H2017 1H2016 Negative SSSG (-1 to -6%) also were reported in other listed restaurant companies’ MD&A. For AU, such factors are lower general consumer spending, road blockages due to constructions and government’s ceremony, unexpected climate change in late 2 nd quarter.
Financial Position as at 30 June 2017 Assets - 29.99 MB 47.77 MB The reduction was brought by 982 · Cash & S -T investment drop from 952 628MB to 507 MB. Such 2016 IPO cash 857 809 received was spent out for loan repayment and PP & E procurements. Liabilities The reduction was brought by · 66.3MB Long -term bank loan fully repaid in January · Decrease in payable : Service fee - 77.76 MB 173 related to IPO 15.5MB which was accrued 95 in 2016. Equity Total Assets Total Liabilities Total Equity · Retained earning escalated from net 30-Jun-17 31-Dec-16 profit during the period 7
Business Outlook 8
Branches Expansion Plan 2017 Q1 Q2 Q3 Q4 THE P O RTA L S I A M P A RA G O N MB K THE MA L L K O RA T 1 st Durian – OPENED No. 22 nd – OPENED To be opened 15 h I MP A CT MUA NG 5 th May 7 th Sep Oct THO NG THA NI No. 19 th – OPENED 9 th Mar BANGKOK HOSPIT AL T HE PROMENADE CENT RAL No. 20 th – OPENED No. 23 rd - OPENED W EST GAT E 8 th June 17 th Sep To be opened Late Q4 E S P L A NA DE CE NTRA L B A NG NA No. 21 th – OPENED No. 24 th -OPENED 9 28 th June 20 th SEP
Business Outlook 2H2017 Q3 Q4 1 . S P E CIA L P RO J E CT O E M , A I RL I NE , NE W B RA NCH CO NCE P T Previous & New Partner Airline event at the end Collaborations of the year. L O CA L I NTE R 2 . CA TERING The referent pictures were from our catering services in Singapore S E RV I CE S – Including wedding ceremonies, trade show booths event and others The Finest Thai @Singapore, Sep 8th - 10th, 2017 3 . E X CI TING NE W ME NU S P E CI AL E V E NTS 10th years anniversary 10 Mysterious box
4 . INTERNATIONAL OPPORTUNITIES New Businesses and activities : 2018 and onwards 2 0 1 8 P L A N : > 1 0 N E W B R A N C H E S O F A F T E R Y O U D E S S E R T C A F É ( 5 A R E U P C O U N T R Y ) I N T E R N A T I O N A L D E A L : W E ’ R E O P E N I N G F O R S U B M I S S I O N *Kasikorn bank Research Center has estimated 35.2 mil. tourists 11 coming to Thailand in 2017, 8.2% growth from 2016
Q&A AFTER YOU afteryoucafe afteryoudessertcafe @afteryoucafe www.afteryoudessertcafe.com INFORMATION INQUIRY AFTER YOU PCL., 1319/9 Phatthanakan Rd. . , Suan Luang Bangkok 10250, Thailand Email: ir@afteryou.co.th + 66 2318 4488 or + 66 2318 4488 # 206 The information contained here is being furnish on a confidential basis for discussion purposes only and only for the use of the recipient, and may be subject to completion or amendment through the delivery of additional documentation. Except as otherwise provided herein, this document does not constitute an offer to sell or purchase any security of engage in any transaction. The information contained herein has been obtained from sources that After You Public Company Limited ( “ AU ” ) considers to be reliable; however, AU makes no representation as to, and accepts no responsibility or liability for, the accuracy or completeness of the information contained herein. Any projections, valuations and statistical analyses contained herein have been provided to assist the recipient in the evaluation of the matters described herein; such projections, valuations and analysis may be based on subjective assessments and assumptions and may utilize one among alternative methodologies that produce differing results; accordingly, such projections, valuations and statistical analyses are not to be viewed as facts and should not be relied upon as an accurate representation of future events. The recipient should make an independent evaluation and judgement with respect to the matters contained herein. 12
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