Opportunity Day Compa pany Pr ny Profi file le Q1 Q1-2018 - PowerPoint PPT Presentation

THINK EVERYTHING LOGISTICS Opportunity Day Compa pany Pr ny Profi file le Q1 Q1-2018 2018 Q4/2017 SET 100 INDEX

Agenda I. Company Overview II. Q1-2018 Highlights and Projects update III. Financial Performance 2

I. I. Company Overvie iew 3

Company Services Warehouse & Yard Transportation & Record & Info Supporting Relocation & Management Distribution Management Freight Forwarding Business Revenue 70% 16% 9% 4% 1% contribution    Warehouse   Document Storage Warehouse rental General Goods Household    Dangerous Goods Terminal Dangerous Goods Document Destroy  Office  IT Solution     Exhibition/Machinery Automotive Yard Car Carrier Packing & Filling    Cold Chain Reefer Truck Freight Forwarding 4

Logistics Services Diagram Logistics Freight Warehouse Services Supplies Transport Port Operation Forwarders - General goods - Land - Handling - Inventory - Air - Inland - Cold chain - Rail yard - Customs clearance financing - Sea Container - Dangerous goods management - IT solution - Inventory Depot - Automotive - Freezing/Thawing management - Container - Self storage - Pick, pack, label - Food service - Barge - Consolidation and brand representative 5

II. II. Q1-2018 Hig ighlig lights an and Projects Update 6

Q1-2018 Highlights and Projects update General Goods Dangerous Goods  High occupancy rate in warehouse  Revenue and gross profit from storage increase  JCS 1 increases warehouse capacity by  Maintenance cost decreases additional rack Installation  Vehicle shipment increases Cold Storage  Upgrade dry warehouse to cold storage in Bangna site (JP Land)  High occupancy rate on cold storage  Consolidate ACL 2 performance in Q2/2018 Automotive  Additional service contracts from existing Transport & Distribution customer  New service of transport for rail yard management  Prospective Indonesian automotive market  Additional service contracts from new customer  Prospective new customer for Siam JWD  High volume in cross border transportation Overseas  High occupancy rate in Cambodia warehouse  Consolidate CSLF 3 financials in Q2/2018 Self Storage  90% renovation completed  Pre opening in Q2/2018 (Phase1) 1 JCS stands for JWD Chemical Supply Chain 7 2 Adib Cold Logistics 3. Chi Shan Long Feng Food

REIT Impact Impact from REIT to Income Statement To Reinvest with Cash from REIT - Increase in rental expense - Investment amount 950 MB - Decrease in depreciation - Decrease in interest expense Ongoing Projects - Acquired cold storage warehouse in Net effect to net profit approx. 4.2 MB per month Indonesia - Acquired food service business in Taiwan - Developing JWD Store-it self-storage facility in town - Upgrading cold storage warehouse in Bangna - Developing new automated cold storage warehouse in Mahachai Potential M&A - Overseas container depot operator - Food service expansion - Vietnam cold storage warehouse - International freight forwarding 8

Domestic and Overseas M&A China Taiwan Vietnam Myanmar Warehouse Laos Hong Kong Cold Storage Automotive Dangerous Goods Thailand Philippines Food Service Cambodia Freight ICD Existing business Future plan Singapore Indonesia  JV or M&A with local partners both domestic and overseas in the region  6 countries targeted to cover operating within Y2017  7 countries coverage targeted by Q2/2018 9

Gross Revenue Revenue per Quarter (MB) Potential M&A Existing Business New Business Food Service Cold storage in Indonesia Freight Forwarding CSLF, Food service Inland Container Depot JWD Store-it Other Business 10

Projects Index 2018 2019 Cold Storage Integrate GFN (Vietnam) Q1 Q3 Q3 Start operation Potential M&A of JWD Store it Q2 Q4 Cold Storage Start operation of Expansion B2 (Bangna) WH No.8 (Mahachai) Rail Yard Management Potential M&A 11

Rail Yard Management Laem Chabang LCB Empty Depot Rail Station East North East South Rail Station LCB Terminal JWD Operation  Lift on / Lift off containers to load on rail mode  Start operation on Mar.18  Transport container from rail yard to terminal  CAPEX 17 MB. (RSK 2 Units ,Trailer 20 Units) and depot  6,000 TEU per month  Handle container in LCB Rail Yard 12

Food Service Network to Integrate with Regional Cold Storage Expansion Global Foodservice Network  To fully utilize in Cold Chain Warehouse Capacity  To start Multi Country Consolidation Hub (MCC) activity in Cold Chain Warehouse to region  To vertically expand to food service and brand representative business initially in Taiwan Enhance JWD Business Logistics Services Multi Country Consolidation Hub Chi Shan Long Feng Food Myanmar 13

(Self-storage) Location Service  Locker room  Air-con self storage room Krungthep Kreetha Siam Sathorn Sathorn Siam Existing Total North Krungthep Location Samyan Sathorn Kreetha Building area (Sq.m.) 4,000 7,500 2,000 13,500 Terms (years) 20 18 CAPEX (MB) 80-100 Example: Floor plan 1 Fl. 14

(Self-storage) Progress on Self-storage Expansion Store it Siam  Work started in Feb 2018  Building area 7,500 Sq.m.  Open phase1 in Q2-2018 Store it Sathorn  Target opening in Q3/2018  Pending for a building permit 15

Cold Storage Warehouse Expansion Cold Storage (Building No.2) Location in Bangna K.M.19 (JP Land)  Upgrade dry warehouse to cold storage  Warehouse Area : 6,200 Sq.m.  CAPEX : 48 MB.  Construction progress 80%  Start operation in Q3-2018 (Early July 2018)  16

Cold Storage Warehouse Expansion Building No.6 Building Building No.8 No.7 Cold Storage (Building No.8) Warehouse Capacity The 1 st publics cold storage ASRS installation  54,600 Located on freehold of Pacific Cold Storage 48,000  40,000 Warehouse Area Phase 1 : 4,300 Sq.m.  20,000 Phase 2 : 1,320 Sq.m. 18,000 11,000 Warehouse capacity Phase 1 : 11,170 locations  6,700 Phase 2 : 4,000 locations 3,000 CAPEX Phase 1 : 360 MB. / Phase 2 : 104 MB.  B1 B2 B3 B4 B5 B6 B7 B8 1 year construction period  Start operation in Q3-2019 / Q3-2020  2539 2543 2544 2547 2552 2556 2558 2562 17

Existing Business in CLM Cam ambodia ia Road connect to highway no.5 Jin Yong Chhang Industrial Park 6 Km. from Phnom Penh Airport  Warehouse area of 4,428 Sq.m., general 3,628 Sq.m. and cold storage 800 Sq.m.  Start operation Q4/16  Q1/18 Occupancy rate : General Warehouse 100% Cold storage 67% 18

Existing Business in CLM (Con’t) Laos Myanmar  Start operation in Jan 2016  Warehouse Area of 4,000 Sq.m.  Warehouse area of 720 Sq.m.  Start operation in Q2/16  Q1/18 Occupancy rate : General Warehouse 86%  Q1/18 Occupancy rate 100% Cold Storage 49% 19

Existing Business in Indonesia Cold Storage  After partnering late last year with Samudera Group, a major shipping line in Indonesia, in setting up a joint-venture firm and acquiring a 67% stake in Adib Cold Logistics (ACL) , a Jakarta-based cold storage and cargo transport company  Area of : 5,000 Sq.m.  Capacity 7,200 Pallets Position 20

III. III. Fin Finan ancial l Performance 21

Total Revenues and Service Capabilities Se Service ce foo ootprint 1Q 1Q-18 18 Tota otaling = = 1,001,491 Sq. q.m. Warehouse Capacities 720 (Unit: sq.m.) 2016 2017 Q1/18 Sq.m. 4,000 Sq.m. General goods 131,106 129,306 129,306 Chemicals & Dangerous goods 10,032 10,032 10,032 4,428 987,343 Sq.m. Sq.m. Cold chain service 54,327 58,627 63,627 Record & Info Management 14,520 14,520 14,520 Other services 9,951 9,951 9,951 Total 219,936 222,436 227,436 Indonesia 5,000 Yard Capacities Sq.m. (Unit: sq.m.) 2016 2017 Q1/18 Revenue and Growth Chemicals & Dangerous goods 173,968 173,968 173,968 MM THB Automotive Yard 395,287 395,287 395,287 3,000.0 2,423.3 2,348.7 2,219.4 On-site Automotive Yard 273,542 204,800 204800 2,000.0 Total 842,797 774,055 774,055 664.9 1,000.0 - Grand Total 1,062,733 996,491 1,001,491 Y15 Y16 Y17 1Q18 22

Revenue & Gross Profit Revenue from Rental & Services Revenue breakdown MM THB 4% 1% 3,000 9% 2,348.7 2,423.3 General Goods 2,500 Cold chain 2,219.4 Revenue 19% 2,000 16% 30% 1,500 70% 27% 24% 1,000 654.6 630.7 Automotive Dangerous Goods 572.8 500 0 Y2015 Y2016 Y2017 Q1/17 Q4/17 Q1/18 Warehouse/Yard Management Transport & Distribution Moving Records & Info. Management Gross Profit and Gross Profit Margin Other Services MM THB  36.5% Revenue for Q1-2018 was THB 654.6 mm, increased 14.3% YoY ,the 1,200 40% 33.4% Gross Profit Margin 31.0% 30.2% 29.3% 1,000 28.4% increased revenue was mainly due to higher revenue from warehouse Gross Profit 856.8 30% 751.4 800 and yard management business and transportation and distribution 649.6 600 20% business 400 186.0 10% 210.8  Gross margin was 28.4% slightly decreased from the same period last 173.1 200 year 0 0% Y2015 Y2016 Y2017 Q1/17 Q4/17 Q1/18 Gross Profit Gross Profit Margin 23