Operating Performance For the period of 6 months ended 30 June 2019 - PowerPoint PPT Presentation

Operating Performance For the period of 6 months ended 30 June 2019 -1-

CG Score:  Part 1 Nature of Business Operation  Part 2 Competition Strategy  Part 3 Financial Highlights Opportunity Day -2- September 30, 2019

CG Score : Part 1 Nature of Business Operation Opportunity Day -3- September 30, 2019

CG Score: 1. Lubricant packaging 2. Milk and yoghurt milk sized 0.5 , 0.8 , 1 , 3, 4, 5 and 6 packaging Lt, and larger ones sized 18 and sized 80 ml, 100 ml, 190 ml, 20 Lt 200ml, 450 ml, 830 ml, 2 Lt, and 5 Lt 3. Consumer goods & Agro 4. Automotive plastic parts chemical packaging and painting parts bathroom & sanitary ware cleaner, windshield washer tank, radiator floor cleaner, dishwashing liquid, coolant reserve tank, air duct, lid, fabric softener; talcum powder; spoiler, gear cover pesticide, herbicide and others. Opportunity Day -4- September 30, 2019

CG Score: 1. Lubricant packaging 2. Milk and yoghurt milk packaging 3. Consumer goods packaging & Agro chemicals packaging 4. Automotive plastic parts Opportunity Day -5- September 30, 2019

CG Score: Part 2 Competition Strategy Opportunity Day -6- September 30, 2019

CG Score: “Panjawattana Plastic as one of the largest plastic manufacturing based in Thailand, we determine to become the most successful plastic manufacturer not only in Thailand but also in the region. With our strong believe in building solid partnership with our customers and suppliers, we will be the most competitive and trustable corporate that produce to serve with the dynamic needs of our customers in the plastic world.” “We will proactively seek growth and profitable opportunities in market segments for which we can use our manufacturing capabilities to serve and to win the competition through business model supremacy. Our intent is to be the recognized leader by our customers in providing value through manufacturing capabilities and strive to dominate the markets we operate in or enter. We will do this in multiple market segments where manufacturing proximity can be an additional competitive advantage.” Opportunity Day -7- September 30, 2019

CG Score:  We are as Supporting Industry with Reliable Partnership with our Customers  Positioning as “Solution Provider” to increase value added to our customers - Design with concerning of customers’ total packaging cost - Co-operate and join product develop as 1st Tier supplier in automotive parts customers - Sustainability for quality system maintenance - Having high standard “Clean Room” for food plastic packaging  Manage under Company’s culture with TPM (Total Productive Maintenance) Opportunity Day -8- September 30, 2019

CG Score: emphasize on the quality of product designs, procurement of raw materials according Quality of the products to each customer’s specifications, production process control, and inspection of the finished products Punctual delivery of emphasizes on control and delivery of the products to its customers as scheduled and uninterruptedly as a way to boost customers’ confidence in the Company’s products operations able to produce and supply products that meet its customers’ demand in volume Production stability and in time as specified by the customers is able to increase or expand its production capacity to serve its customers’ business Ability to increase/expand growth and expansion. It can produce in higher volumes on request of the production capacity customers Process development continuously develop its production process and cost management to enhance its with cost management competiveness and attract more customers  Ability to adjust or increase production capacity to meet Maintain relationship customers’ demand with customers  Long term relationship with customers  Confidentiality of customers’ information Opportunity Day -9- September 30, 2019

CG Score: Part 3 Financial Highlights Opportunity Day -10- September 30, 2019

CG Score: Sales Portion Sales Portion Q2/2019 6M/2019 Milk & Yogurts Packaging 1 3% Milk & Yogurts Packaging 1 4% Consumer, Household & Consumer, Household & 7% 6% Chemical Packaging Chemical Packaging Automotive Parts 32% Automotive Parts 33% Lubricant Packaging 47% Lubricant Packaging 48% Opportunity Day -11- September 30, 2019

Consumer, Automotive Lubricant Milk & Yogurts Household & Overall parts CG Score : Chemical M.Baht -23% -9% 442.50 375.19 341.62 Q 2/2018 Q 2/2019 Q 1/2019 -16% 852.50 716.82 6 M/ 2018 6 M/ 2019

Consumer, Automotive Lubricant Milk & Yogurts Household & Overall Parts Chemical CG Score: M.Baht 37% 3% 241.24 234.35 176.10 Q 2/2018 Q 2/2019 Q 1/2019 37% 475.58 348.39 6 M/ 2018 6 M/ 2019 - 12 -

Consumer, Automotive Lubricant Milk & Yogurts Household & Overall Parts Chemical CG Score: M.Baht 23% 4% 104.09 100.54 84.53 Q 2/2018 Q 2/2019 Q 1/2019 19% 204.63 172.00 6 M/ 2018 6 M/ 2019 - 12 -

Consumer, Lubricant Automotive Milk & Yogurts Household & Overall CG Score: Chemical M.Baht -25% -29% 65.53 61.84 46.68 Q 2/2018 Q 2/2019 Q 1/2019 -5% 113.83 108.52 6 M/ 2018 6 M/ 2019

Milk & Consumer & Lubricant Automotive Chemical Overall Yogurts Household CG Score: Overall – Excluding Project income M.Baht -5% -5% 768.66 771.92 733.63 Q 2/2018 Q 2/2019 Q 1/2019 1,486.72 1,505.55 1% 6 M/ 2018 6 M/ 2019

Operating Expense and Portion by Total Revenue and Growth Rate M.Baht M.Baht Revenue 10.82% 3500 450.00 14% 12.27% 11.97% 11.71% 2,986.46 12.09% 400.00 3000 12% 2,694.96 357.36 330.80 350.00 2500 10% 11.66% 300.00 2000 8% 250.00 1500 200.00 6% 859.85 150.00 1000 770.09 104.00 4% 100.00 90.16 500 2% 50.00 0 0.00 0% 2017 2018 Q2/2018 Q2/2019 2017 2018 Q2/2018 Q2/2019 Cost of Good Sold & GP Margin M.Baht M.Baht Net Profit & NP Margin 300.00 3000 20% 10% 2,597.06 18% 250.00 2500 2,295.20 14.48% 16% 5% 14.65% 200.00 1.26% 14% 1.05% 2000 -0.17% 0% 12% 13.75% 12.55% 150.00 -0.39% 1500 10% -5% 8% 100.00 1000 6% -10% 627.37 662.96 33.96 50.00 4% 500 8.11 2% -15% 0.00 -1.45 0 0% 2017 2018 Q2/2018 Q2/2019 -50.00 -20% 2017 2018 Q2/2018 Q2/2019 -11.75 COGS Gross Profit Margin Net Profit Net Profit Margin Opportunity Day -17- 17 -17- -17- September 30, 2019

Operating Expense and Portion by Total Revenue and Growth Rate M.Baht M.Baht Revenue 10.82% 3500 450.00 14% 12.27% 11.97% 11.59% 2,986.46 400.00 3000 12% 10% 357.36 11.13% 2,694.96 330.80 350.00 2500 10% 300.00 2000 8% 1,639.70 250.00 1,490.65 182.56 1500 200.00 6% 172.82 150.00 1000 4% 100.00 500 2% 50.00 0 0.00 0% 2017 2018 6M/2018 6M/2019 2017 2018 6M/2018 6M/2019 Cost of Good Sold & GP Margin M.Baht Net Profit & NP Margin M.Baht 300.00 3000 20% 10% 2,597.06 18% 250.00 15.24% 2500 2,295.20 16% 5% 14.65% 2.08% 200.00 1.26% 14% 2000 1.01% 0% 12% 13.62% 12.55% 150.00 -0.39% 1500 10% 1,276.08 1,284.22 -5% 8% 100.00 1000 6% -10% 33.96 50.00 34.19 4% 500 15.00 2% -15% 0.00 0 0% 2017 2018 6M/2018 6M/2019 -50.00 -20% 2017 2018 6M/2018 6M/2019 -11.75 COGS Gross Profit Margin Net Profit Net Profit Margin Opportunity Day -18- 18 -18- -18- September 30, 2019

CG Score: M.Baht Total Liabilities & Total Equities Total Assets at 30 June 2019 M.Baht at 30 June 2019 3500 2000 13 . 01% -2.46% 1,874.51 1,821.84 2,890.60 2,819.63 3000 1.46 1. 84 1. 8 3 1800 2,557.76 1,519.02 1600 2500 1400 1200 2000 1,016.09 1,038.75 997.79 1000 1500 800 600 1000 400 200 500 0 2017 2018 6M/2019 0 2017 2018 6M/2019 Total liabilities Total Equities D/E Loan Portion Financial Cost M.Baht Short Term Loan 38.09 36.82 40.00 62 % 35.00 Long Term Loan 30.00 23.29 38 % 25.00 17.94 20.00 15.00 10.00 5.00 0.00 At 30 June 2019 Total loan 1,227.28 M.Baht 2017 2018 6 M/ 2018 6 M/ 2019 Opportunity Day -19- 19 September 30, 2019

CG Score : Liquidity Ratio 2017 2018 6M /2018 6M /2019 Current Ratio (times) 0.90 0.83 0.83 0.72 Account Receivable Turnover ( times ) 5.27 4.86 4.64 4.53 Avg. A/R day on hand ( days ) 63.34 74.05 77.58 79.48 Inventory Turnover ( times ) 8.59 9.16 9.24 8.38 Avg. Inventory day on hand ( days ) 41.91 39.29 38.95 42.94 Account Payable Turnover ( times) 5.58 4.89 4.44 4.57 Avg. A/P day on hand ( days ) 64.49 73.66 81.00 78.78 Cash Cycle Period ( days ) 45.76 39.69 35.53 43.63 Profitability Ratio Gross Profit Margin (%) 14.65 12.55 13.62 15.24 Net Profit Margin (%) 1.26 -0.39 1.01 2.08 Return On Equity (%) 3.20 -1.15 1.43 3.40 Return On Assets (%) 1.36 -0.43 0.57 1.20 Return On Fixed Assets (%) 12.79 10.01 6.20 7.25 Total Assets Turnover ( times ) 1.08 1.10 1.06 1.10 (Financial Policy Ratio) Debt to Equity Ratio ( times ) 1.46 1.84 1.57 1.83 Interest Coverage Ratio ( times ) 7.08 5.26 8.42 8.30 Opportunity Day -20- 20 September 30, 2019

CG Score : Q&A Opportunity Day -21- September 30, 2019