Dec 14, 2015
BEC World Plc.BEC World Plc.
Presentation
At SET’s
OPPORTUNITY DAY
31 March 2006
BEC World Plc.BEC World Plc.
Outline
Industry Overview 2005
First 2 months of 2006
Financial Highlights
Media Industry Overview:
Source: Nelsen Media Research
TV Advertising Expenditure:TV Advertising Expenditure:
0
10,000
20,000
30,000
40,000
50,000
60,000
1992 '9
3'9
4'9
5'9
6'9
7'9
8'9
920
00 '01
'02
'03
'04
'05
Bt m
High Growth Rate – Recovers Fast
Source: Nielsen Media Research
TV ADEX – Month by Month:
Jan
Mar
May
Jul
Sep
Nov
2003
-
1,000
2,000
3,000
4,000
5,000
TV ADEX (2003-5)
2003
2004
2005
Source: Nelsen Media Research
Media Industry Overview:
Source: Nelsen Media Research
Media Industry Overview:
Source: Nelsen Media Research
TV Adex 2005:
Market Shares 2005:Market Shares 2005:
0
5
10
15
20
25
30
35
40
45
Ch.3 Ch.5 Ch.7 Ch.9 Ch.11 iTV
% Share of adspend Share of viewers
Source: Nielsen Media Research
Audience Share 1999-2005:Audience Share 1999-2005:
0
10
20
30
40
50
60
20052004
20032002
20012000
1999
Ch.3Ch.5Ch.7Ch.9Ch.11ITV
Ch.3
Ch.5
Ch.7
Ch.9
Ch.11
ITV
Source: Nielsen Media Research
ESTIMATED TOTAL ADVERTISING EXPENDITURE BY MEDIUM
YTD JANUARY-FEBRUARY 06 VS 05
BAHT MILLIONS
MEDIA YTD 06 SOV% YTD 05 SOV% DIFF%
Change
TV 7,799
59.34
7,216
58.44 583 8.08
RADIO 916
6.97
833
6.75
83 9.96
NEWSPAPERS
2,458
18.70
2,395
19.40 63 2.63
MAGAZINES
882
6.71
844
6.84
38 4.50
CINEMA 180
1.37
191
1.55
-(11) -(5.76)
OUTDOOR 765
5.82
731
5.92
34 4.65
TRANSIT 135
1.03
123
1.00
12 9.76
IN STORE 8
0.06
16
0.13
-(8) -(50.00)
TOTAL 13,143
100.0 12,347
100.0 796 6.45
TV ADEX - YTD February
- 500 1,000 1,500 2,000 2,500
Ch.3
Ch.5
Ch.7
Ch.9
Ch.11
iTV
2005
2006
Source: Nelsen Media Research
TOP 10 BRAND GROUP ESTIMATED ADSPEND
YTD JANUARY-FEBRUARY 06 VS 05
000'BAHT
BRANDS 2006 2005
1 POND'S FACIAL SKINCARE PRODUCT 190,748 88,201
2 M ENERGY DRINK 112,086 129,152
3 TV DIRECT DIRECT SALES 109,877 74,486
4 DTAC-DPROMPT MOBILE PHONE SYSTEM 104,472 61,611
5 ONE-2-CALL MOBILE PHONE SYSTEM 89,047 84,594
6 OIL OF OLAY FACIAL SKINCARE PRODUCT 80,306 85,853
7 TOYOTA PASSENGER CARS 79,570 13
8 CLINIC ANTI DANDRUFF SHAMPOOS 73,275 29,727
9 SONY TELEVISION 73,049 32,931
10 HONDA MOTORCYCLES 69,919 8,850
TOP 10 ADVERTISER ESTIMATED ADSPEND
YTD JANUARY-FEBRUARY 06 VS 05
000'BAHT
ADVERTISER 2006 2005
UNILEVER (THAI) HOLDINGS 616,352 419,850
PROCTER & GAMBLE (THAILAND) 257,901 258,436
TOYOTA MOTOR THAILAND CO.,LTD. 235,288 147,525
ADVANCE INFO SERVICE PCL. 230,194 267,090
TOTAL ACCESS COMMUNICATIONS 184,380 135,341
OSOTSPA (TECK HENG YOO) 181,199 227,548
GMM GRAMMY PUBLIC CO.,LTD. 179,544 179,012
SONY (THAILAND) CO.,LTD. 163,003 130,100
COLGATE-PALMOLIVE(THAILAND)LTD 136,902 66,097
PTT PUBLIC CO.,LTD. 133,473 65,538
2005 Financial Highlights:2005 Financial Highlights:
Baht:Million 2005 +/- YoY
Ad.Revenue 4,963 -10%
Concerts & Shows 1,032 +70%
Oth. Sales Revenue 312 +42%
Total Sales Revenue 6,308 -0.2%
Net Profit 881 -45%
4Q2005 Highlights:4Q2005 Highlights:Baht:Million 4Q05 +/- QoQ +/- YoY
Ad.Revenue 1,404 +19% +9%
Concerts & Shows 162 -19% -25%
Oth. Sales Revenue 115 +45% +4%
Total Sales Revenue 1,681 +15% +4%
Net Profit 293 +42% +23%
High Operating Leverage:High Operating Leverage:
As our operating costs and expenses are mostly fixed in nature, thus BEC World has high operating leverage.
Our profitability will improve greater than the growth rate of our revenue growth.
0.60
0.80
1.00
1.20
1.40
1.60
1.80
2.00
2.20
2.40
2.60
2.80
3.00
Revenue Profit
Revenue and Profit Growth
(1Q99 is BASE)