Lee Pattana Group has over 40 years of experience in this industry and is highly recognized. Our R&D for feed formulas and customized products has differentiated our stance. The Group also has the production capacity to keep up with the growing market demand.
| 2023 | 2022 | 2021 | 2020 |
|---|
| Revenues | 2,984.09 | 3,385.29 | 3,788.10 | 2,883.39 |
| Expenses | 2,895.01 | 3,355.02 | 3,631.22 | 2,655.66 |
| Net Profit (Loss) | 86.98 | 29.65 | 136.08 | 187.05 |
| Assets | 3,092.43 | 3,051.44 | 3,237.52 | 3,142.82 |
| Liabilities | 342.07 | 339.22 | 446.98 | 411.54 |
| Shareholders' Equity | 2,721.97 | 2,683.33 | 2,760.57 | 2,700.57 |
| Operating | 84.43 | 101.65 | 90.02 | 147.28 |
| Investing | -48.00 | 55.15 | 121.94 | -23.07 |
| Financing | -63.36 | -135.65 | -180.96 | -126.65 |
| EPS (Baht) | 0.09 | 0.03 | 0.15 | 0.20 |
| GP Margin (%) | 8.35 | 5.81 | 7.57 | 14.08 |
| NP Margin (%) | 2.90 | 0.84 | 3.57 | 6.57 |
| D/E Ratio (x) | 0.12 | 0.13 | 0.16 | 0.15 |
| ROE (%) | 3.22 | 1.09 | 4.98 | 7.02 |
| ROA (%) | 2.90 | 0.96 | 4.92 | 7.59 |
- Conduct research and development to devise new quality products.
- Enhance manufacturing process with deployment of innovation.
- Create, consolidate, and expand customer bases.
- Respond to customers’ requirements and reach their maximum satisfaction.
Lee Pattana Group is committed to conducting business with utmost integrity and adherence to the principles of good corporate governance. The Group upholds strong moral and ethical standards, ensuring compliance with all relevant regulations and laws. Transparency, honesty, integrity, and fairness are at the core of its operations, as the Group prioritizes the interests of all stakeholders and remain mindful of its impact on the environment, society, economy, and the Group's reputation, with an overarching goal towards sustained success and growth.
Lee Pattana Group is principally engaged in
(1) manufacturing of animal feed
(2) crop drying, silo business and the distribution of raw materials
for animal feed manufacture
(3) experimental farming and
(4) crop farming.
- Sales revenue in 2023 fell by 441 million baht from the previous year due to livestock reductions by farmers as a result of animal diseases and increased animal feed expenses.
- Gross profit margin in 2023 increased to 7.78% from the previous year, a gain of 2.05% because of improved and more effective cost control of the production process.
- The company's operating results for 2023 showed a profit of 86.98 million baht, an increase of 57.33 million baht, or an increase of approximately 193%. The main reason for this was the efficient management of costs and expenses.
- Earnings per share increased by 0.06 baht from 2022 to 0.09 baht in 2023.
In 2023, the Phetchaburi factory successfully completed the transition to automated machinery, enhancing production efficiency from the onset of the year. Meanwhile, the Saraburi factory is currently in the process of adopting automation and is expected to commence operations in early 2024.
Lee Pattana Group has risk management to focus on the good corporate governance policy. By implementing risk management processes in accordance with the guidelines established by the Committee of Sponsoring Organization of the Tradeway Commission (COSO) throughout the company, all executives and employees are aware of their responsibility to comply to the risk management policy in order to control the risks to an acceptable level and the Group can operate according to its objectives.
More information can be obtained in the Company's 2023 Annual Report (Form 56-1 One Report).
| as of 28/12/23 | LEE | AGRI | SET |
|---|---|---|---|
| P/E (X) | 30.04 | 15.15 | 18.42 |
| P/BV (X) | 0.77 | 0.74 | 1.36 |
| Dividend yield (%) | 1.34 | 7.96 | 3.32 |
| 28/12/23 | 30/12/22 | 30/12/21 | |
|---|---|---|---|
| Market Cap (MB) | 2,084.13 | 2,213.23 | 2,489.89 |
| Price (B/Share) | 2.26 | 2.40 | 2.70 |
| P/E (X) | 30.04 | 29.81 | 17.34 |
| P/BV (X) | 0.77 | 0.83 | 0.95 |
