Opportunity Day Presentation Stock Exchange of Thailand 21 th August 2012
CONTENTS Market Overview & Opportunity Financial Highlights Company Overview 2
Market Overview & Opportunity 3
Market Overview & Opportunity AUTOMOTIVE LEATHER SHOES LEATHER FURNITURE LEATHER
Market Overview & Opportunity Automotive Leather Business Unit OEM Leather for automotive industry Leather for car seat Leather for Steering Wheel Leather for gear knob
Domestic Sales 70% 6
Export Sales 30% 7
Strategic Alliances in Auto Industry Manufacturing 8
Interhides Furniture Business Units Tannery services and Supply leather to domestic Furniture market Joint Venture with Modernform to start up new business domestic market on furniture finished leather. Supplying Finished Leather to Majorcineplex & EGV 9
Interhides Furniture Business Units Joint Venture in leather servicing in leather production with Crest Leather, one of the global Furniture Leather production company. In addition, decoration for hospitality businesses for global brand hotel chain management. 10
Interhides Shoes Business Units Joint venture in production servicing in tanning, retanning (dyeing), and Finishing Services with Wolverine Worldwide, the global leather supplier to the global brand of shoe makers. 11
Sales Category Expected 2012 Market Share shoes Industry,=11% Furniture Market,=5% Other,=1% Trim cover, =32% Cut Part =51 % 12
Sale Performances 3,000 Sales (MB) Expected using Leather in Eco Cars 2,500 20 25% 20 25% 2,000 1,500 1,000 25 35% 2008 2009 2010 2011 2012F 2013F 2014F 500-2008 2009 2010 2011 2012F 2013F 2014F 13
FINANCIAL HIGHLIGHTS 14
Financial Highlights (+9.5%) 15
Financial Highlights Economies of Scale & Improve Management efficiency (+5%) 16
Financial Highlights (+66%) 17
Financial Highlights (+6.9%) 18
Financial Highlights 19
Financial Highlights 20
Financial Highlights 21
Financial Highlights 22
Capacity (Million Sq.Ft) 50 50 25.8 50 50 20% 50 20% 50 40 30 30 30 12.0 1.5 30% 20% 20 28.5 24.2 10 18.0 0 2009 2010 2011 2012F 2013F 2014F 2015F USED CAPACITY / YEAR AVAILABLE CAPACITY / YEAR FORCAST / YEAR 23
COMPANY OVERVIEW 24
Company Profile 7 plants 113,000 ตารางเมตร / 1,200 Employee IHL1 IHL2 IHL3 IHL4 IHL5 IHL6 IHL7 25
Factory 1 (OC) Bonded Warehouse Tanning & Re-tanning process includes salted hides, liming & splitting and chroming. OUR PRODUCTS Wet Blue 26
Factory 2 Bonded Warehouse Finishing Process Embossing & Color Spray OUR PRODUCTS Finished Leather 27
Factory 3 Finishing for Car Set Finishing Process Embossing & Color Spray OUR PRODUCTS Finished Leather 28
Factory 4 Cut Part & Sewing for Car Set OUR PRODUCTS Process Cut Part and Sewing for car seat, and others Leather Cut Parts Trim Cover Car Set 29
Factory 5 Medical Service & Canteen 30
Factory 6 Tanning & Re-tanning Tanning & Re-tanning process includes salted hides, liming & splitting and chroming. OUR PRODUCTS Wet Blue 31
Factory 7 Crust, Cut Part, Sewing, S/w OUR PRODUCTS Process Crust, Cut Part and Sewing for car seat, steering wheel, gear knob and others Crust Leather Leather Cut Parts Trim Cover Car Set 32
Factory 7 33
Factory 7 New Plant floor 1 34
Factory 7 floor 3 Finishing 35
Factory 7 floor 3 Finishing 36
Factory 7 floor 3 Finishing 37
Factory 7 floor 2 Line CUT PART 38
Factory 7 floor 2 Line CUT PART 39
Factory 7 floor 2 Line CUT PART 40
Factory 7 floor 2 Line Sewing TST 41
Factory 7 floor 2 Line Sewing NHK 42
Factory 7 floor 2 Line Sewing NHK 43
Factory 7 floor 2 Line STEERING WHEEL 44
Factory 7 floor 2 Line STEERING WHEEL 45
Factory 7 46
Factory 7 New Plant 2 nd floor 47
Factory 7 New Plant 1 st floor 48
LAB and R & D LAB & RD 49
R & D Section 50
R & D Section 51
R & D Section 52
LAB Section 53
LAB Section 54
Facility Building 55
Canteen 56
Sport Center 57
Factory 7 58
Interim Dividend Resolution of BOD No. 4/2012 on August 11, 2012 Interim Dividend Payment at rate of 0.15 Baht/share Payment Date = September 10,2012 XD Date = August 24,2012 59
Q & A 60