1
Opportunity day 2018
Agenda
2Innovative Logistics Service and Solution Provider
Highlights 2018
II. 2018 Financial Performance
III.Business Outlook for 2019
3Innovative Logistics Service and Solution Provider
Agenda
Highlights 2018
II. 2018 Financial Performance
III.Business Outlook for 2019
Agenda
WICE Overview
4Innovative Logistics Service and Solution Provider
WICE Logistics Public Company Limited was establishedin 1993.
The Leader of total logistics service and solution provider.
WICE provides worldwide Sea Freight , Air Freight ,Logistics services and Cross Border Services
WICE has a strong global network and is a trustworthy pick of customers and partners.
5 Facilities in Thailand.4 Oversea offices: Singapore , Hong Kong ,
Shanghai and Guangzhou.
5
Group StructureWICE Services
SEA Freight AIR Freight Logistics services Cross Border Services
Customs Brokerage
Transportation & Yard
Warehouse
Innovative Logistics Service and Solution Provider
6Innovative Logistics Service and Solution Provider
Revenue by Segments
Air Freight 45%
Sea Freight 33%
Logistics services 19% Cross Border Services
3%
7Innovative Logistics Service and Solution Provider
WICE Logistics Public Company Limited.
(Capital 325 million baht )
Sun Express (Thailand) Co., Ltd WICE Logistics (Singapore) Pte. Ltd. WICE Logistics (Hong Kong) Ltd.
Guangzhou WICE Logistics Ltd.
Guangzhou WICE Logistics Ltd. (Shanghai Branch)
Euroasia Total Logistics Co., Ltd.
(Joint Venture)
ETL MY
ETL VN
ETL CN
Group Structure
99.99% 70% 80% 40%
Group Structure
8Innovative Logistics Service and Solution Provider
Group StructureRevenue by Country
WICE TH47%
WICE-SG27%
WICE HK25%
ETL1%
WICE TH65%
WICE-SG35%
2018 2017
9
Joint Venture –EUROASIA TOTAL LOGISTICS CO., LTD. (ETL)
Capital 70,000,000 Baht WICE Invested 40%
Cross Border Services▪ Between Singapore, Malaysia, Thailand, Laos,
Vietnam, and China▪ To synchronize with “One Belt One Road”
Innovative Logistics Service and Solution Provider
Highlights 2018
10
New Warehouse(Include total Logistics Service )
▪ 17,600 SQM.▪ Location :Bang Phra, Si Racha District, Chon Buri
▪ Provide storing services for raw materials such as Solar Cells and Metal sheets Etc.
▪ Chinese customers
Innovative Logistics Service and Solution Provider
Highlights 2018
11Innovative Logistics Service and Solution Provider
Adding 5 more tow truck to support the expanding of logistics services in laem-chabang and near area.
Highlights 2018
12Innovative Logistics Service and Solution Provider
Agenda
Highlights 2018
II.2018 Financial Performance
III.Business Outlook for 2019
Agenda
13Innovative Logistics Service and Solution Provider
610.64
854.74
366.73
18.00
1,850.11
635.03
465.59
295.75
5.96
1,402.33
0.00
200.00
400.00
600.00
800.00
1,000.00
1,200.00
1,400.00
1,600.00
1,800.00
2,000.00
Sea Freight Air Freight Logistics Other Income Amount
2018 2017 Unit : MB
Revenue (MB) 2018 2017 +/-
Sea Freight 610.64 635.03 -3.84%
Air Freight 854.74 465.59 83.58%
Logistics 366.73 295.75 24.00%
Other Income 18.00 5.96 201.95%
Amount 1,850.11 1,402.33 31.93%
Sea Freight, 610.64,
33%
Air Freight, 854.74,
46%
Logistics,
366.73, 20%
Other Income, 18.00,
1%
2018
Sea Freight, 635.03,
45%
Air Freight, 465.59,
33%
Logistics,
295.75, 21%
Other Income,
5.96, 1%
2017
2018 Financial Performance -Revenue
14
133.58
173.53
70.29
377.40
171.31
135.12
35.66
342.09
0.00
50.00
100.00
150.00
200.00
250.00
300.00
350.00
400.00
Sea Freight Air Freight Logistics Amount
2018 2017
Gross Profit (MB) 2018 2017 +/-
Sea Freight 133.58 171.31 -22.02%
Air Freight 173.53 135.12 28.43%
Logistics 70.29 35.66 97.11%
Amount 377.40 342.09 10.32%
Gross Profit Margin 2018 2017 +/-
Sea Freight 21.88% 26.98% -5.10%
Air Freight 20.30% 29.02% -8.72%
Logistics 19.17% 12.06% 7.11%
Amount 20.60% 24.50% -3.90%
Unit : MB
2018 Financial Performance –Gross Profit
15Innovative Logistics Service and Solution Provider
96.1989.70
0.00
20.00
40.00
60.00
80.00
100.00
120.00
2018 2017
PL2018 2017 +/-
Net Profit (MB) 96.19 89.70 7.24%
Net Profit Margin 6.15% 7.67% -1.52%
Unit : MB
2018 Financial Performance –Net Profit
16Innovative Logistics Service and Solution Provider
2018 Financial Performance –Statement of Financial Position
1,419.80
462.61
957.191,103.82
204.06
899.77
0.00
200.00
400.00
600.00
800.00
1,000.00
1,200.00
1,400.00
1,600.00
Assets Liabilities Shareholders'Equity
BALANCE SHEET UNIT : MB31-12-2018 31-12-2017
Balance Sheet Unit : MB 31-12-2018 31-12-2017 +/- %
Assets 1,419.80 1,103.82 315.98 28.63%
Liabilities 462.61 204.06 258.56 126.71%
Shareholders'Equity 957.19 899.77 57.42 6.38%
17Innovative Logistics Service and Solution Provider
3.553.99
2.24
0.00
1.00
2.00
3.00
4.00
5.00
2016 2017 2018
CURRENT RATIO (TIMES)
0.24 0.23
0.48
0.00
0.20
0.40
0.60
2016 2017 2018
DEBT / EQUITY RATIO (TIMES)
11.28% 12.07%
7.62%
0.00%
5.00%
10.00%
15.00%
2016 2017 2018
RETURN ON ASSETS (ROA)
11.20% 11.27%10.36%
0.00%
2.00%
4.00%
6.00%
8.00%
10.00%
12.00%
2016 2017 2018
RETURN ON EQUITY (ROE)
2018 Financial Performance –Financial Ratio
18Innovative Logistics Service and Solution Provider
Agenda
Highlights 2018
II. 2018 Financial Performance
III.Business Outlook for 2019
Agenda
19Innovative Logistics Service and Solution Provider
Business Competency
• Sea Freight
• Air Freight
• Customs Broker
• Transportation
Related Business Expansion
• Warehouse andDistribution
• Supply Chain Management
• Cross Border Service
Organic Growth
M&A (Merger & Acquisition)
JV (Joint Venture)
Inorganic Growth
Growth Strategy
20
• Growth 25%
• 2019 Revenue to 2,250 MB.
• Net profit margin 6%
2019 Business Projection
Innovative Logistics Service and Solution Provider
21
Key Business Drivers
Innovative Logistics Service and Solution Provider
▪ Cross Border Services
Providing Full Truck Load transport services from Thailand-Myanmar
Providing Full Truck Load transport services from Thailand-China
22
Key Business Drivers
Innovative Logistics Service and Solution Provider
▪ Expand the China market
- WICE HK Joint venture with Chinese partners- Set up a new company “WICE Logistics (Shenzhen) Company Limited” (“WICE SZ”)
- Capital: RMB 2,000,000
- Investment Proportion : WICE HK invested a total of RMB 1,400,000 or 70%Chinese partners invest RMB 600,000 or 30%
- To operate the international transportation and logistics business In Shenzhen and southern China
• WICE HK also entered into a contract to purchase business with Universal Express Star Company Limited. (UES)worth RMB 6,000,000
• UES transfer all businesses to a new company that is a joint venture after its completion.
23
Key Business Drivers
Innovative Logistics Service and Solution Provider
▪ Business Collaborative Logistics Network
Air Freight
Focus on China &Hong Kong
Market
Logistics Network
ExportImport
Sea Freight
Customer
Cross Border
Services
Synergize in Group Network WICE TH-WICE SG-WICE HK&CN- ETL
Total Logistics Service and Solution Provider24
Building WICE to be the Leading of International Logistics Service and Solution Provider in Asia
Innovative Logistics Service and Solution Provider
Ultimate Growth –WICE ASIA
WICE Logistics Public Company Limited
25
Q & A