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Investor Presentaiton

Overall Performance in 2022 (Cont.) Selling & Administrative Expenses (% SG&A to Sales) Adj. EBITDA (1) (THBmm) 15% 12% 11.1% I 10.8% I 9% 6% T I 12.8% 15,000 +690bps 5.4% 11.3% 5.1% 12.0% 12,000 I 11.2% I I I I 7.2% 6.9% I 6.6% 6.4% I 3.9% 3% 0% 4Q21 9 (1) 4.7% 4Q22 I I I I I 5.6% I Net Profit (THBmm) Y-O-Y: 214.1% 10,000 13,555 8,000 I 9,000 6,000 I 6,000 I I I I I 4.6% 3,000 Y-O-Y: 170.1% 3,373 I 1,249 I 2021 2022 4Q21 SG&A to Sales Selling Expenses to Sales Administrative Expenses to Sales 4,315 4,000 BETAGRO +580bps 3.9% 6.0% 1.2% 7.0% Y-o-Y: 98.8% 2,000 1,796 903 I I Y-O-Y: 685.5% 7,938 1,011 4Q22 2021 2022 4Q21 4Q22 2021 2022 Adj. EBITDA Margin Net Profit Margin Adjusted EBITDA = Sum of Segment Operating Profit Before Depreciation and Amortization of all reportable segments
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