Leading provider of hazardous transport in petrochemicals,
chemical goods, crude oil, natural gas, and industrial waste. We
own over 700 vehicles customized for each type of hazardous
goods. Our focal point is safety policy and measures.
The company specializes in the transportation of dangerous goods. Our business is an “end-to-end logistics process” that aspired to meet all customer’s needs, whether it's warehousing or customs clearance services. Our drivers were strictly trained in safe driving and a fundamental course in chemicals and emergency response.
| 9M22 | 9M21 | 2021 | 2020 |
|---|
| Revenues | 684.11 | 538.35 | 770.55 | 811.45 |
| Expenses | 580.35 | 464.61 | 667.93 | 615.99 |
| Net Profit (Loss) | 80.99 | 56.34 | 78.68 | 157.00 |
| Assets | 1,277.07 | 1,217.92 | 1,222.53 | 1,247.28 |
| Liabilities | 134.79 | 120.01 | 102.08 | 116.51 |
| Shareholders' Equity | 1,135.07 | 1,093.54 | 1,115.89 | 1,127.10 |
| Operating | -23.14 | 98.76 | 61.18 | 321.96 |
| Investing | -51.24 | 403.75 | 338.75 | -274.26 |
| Financing | -61.89 | -102.10 | -133.01 | -131.61 |
| EPS (Baht) | 0.03 | 0.02 | 0.03 | 0.05 |
| GP Margin (%) | 29.34 | 31.85 | 30.03 | 39.24 |
| NP Margin (%) | 11.89 | 10.60 | 10.33 | 19.48 |
| D/E Ratio (x) | 0.12 | 0.11 | 0.09 | 0.10 |
| ROE (%) | 9.27 | 8.21 | 7.02 | 13.98 |
| ROA (%) | 10.63 | 9.48 | 8.31 | 15.80 |
For Q3/2022 (3Months), the company and subsidiary's revenues were Baht 258.25 million, comprising:
Revenues from transportation service were 174.31MB or 66.30% of total revenue. Increased by 43.00MB or 32.74% owing to the company gaining new domestic and foreign customers, while some contracts of former customers expired.
Revenues from assets rental and driver behavior monitoring services were 18.32MB, or 6.97% of total revenue, Increasing by 6.57MB or 55.94%
Revenues from sales were 65.62MB or 24.96% of total revenue, increasing by 26.00MB or 65.62%. Owing to the increasing orders.
July 2020
KT Train Co., Ltd. operated rail transportation on the Ban Kradon - Map Ta Phut route which is the 1st opening of Ban Kradon Station as a transportation point
August 2021
Established KIATTANA TRADING Co., Ltd. to operate in chemicals trading.
December 2021
Started the business of Sib Lor Leasing, operated by KGP which is a business focusing on leasing used ten-wheel trucks.
Core Business
- Focus on expanding chemicals trading business along with transportation services to neighboring countries.
- Plan to increase the market share of transportation services in the Industrial Gas customer group, which currently has the policy to use more external carriers.
- Due to strict law enforcement requiring the Industrial waste disposal operators to acquire transportation services from a legally licensed carrier. It is an opportunity for the Company to expand the market into such industries. It is expected that there will be a high growth trend.
- Plan to increase the market share in LNG transportation, which free trade was available after PTT opened third-party access to the LNG Tank Terminal.
- Increase the proportion of retail customers to reduce reliance on major customers and reduce revenue fluctuations at the end of major contracts.
New Business
KGP Company Limited
- Provide emergency rescue vehicles to allied companies in the transportation industry. The subsidiary has a customer base in this segment because it provided the security technology services as its main business.
- Currently studying and starting a leasing business of used ten-wheelers under the trade name "Sib-Lor Leasing"
KT TRAIN Company Limited
The Company expanded its business into rail transport, with KT TRAIN being the company operating in this field. Currently transporting goods on route Ban Kradon (Nakhon Ratchasima) -Map Ta Phut by chartering the trains of the State Railway to operate.
KIATTANA TRADING Company Limited
established to solely operate in the business of chemical products trading.
Major risk factors of the business and preventions are as follows
The risk from the dependency on major customers. The Company's major revenue was from a major customer, if the customer terminates a carrier contract with the company or the customer’s business experiences some problems, It will affect the revenue of the company. However, the company has the policy to expand its service and customer base to other industries with high growth potential, such as industrial gas and chemicals.
Risk of accidents during transportation. Since the company is a transportation service provider, there is a risk of accidents during service that may occur. and with the product category being hazardous chemicals, fuel, and energy products. If there is a mistake or accident in transportation, it can lead to serious damage. The company, therefore, has the policy to manage transportation with safety standards as required by law. With a team that has the expertise and provides basic knowledge to employees in the chemicals that are loaded to operate effectively, and always examine the safety system of every vehicle and its conditions before operation.
| as of 30/09/22 | KIAT | TRANS | SET |
|---|---|---|---|
| P/E (X) | 17.64 | 132.05 | 17.52 |
| P/BV (X) | 1.28 | 3.52 | 1.59 |
| Dividend yield (%) | 4.26 | 1.16 | 2.67 |
| 30/09/22 | 30/12/21 | 30/12/20 | |
|---|---|---|---|
| Market Cap (MB) | 1,452.49 | 1,792.44 | 1,573.30 |
| Price (B/Share) | 0.47 | 0.58 | 0.56 |
| P/E (X) | 17.64 | 19.90 | 10.48 |
| P/BV (X) | 1.28 | 1.64 | 1.57 |
