GC-3M24-Listed Company Snapshot-EN

GC : GLOBAL CONNECTIONS PUBLIC COMPANY LIMITED

3M/2024 (Jan - Mar 2024)

The company is the distributing agent of plastics, petrochemicals and additive, which are used in petrochemical and plastics transformation process. The company is not only a distributor for various products in petrochemical and plastic industry, but it is also a provider for knowledge and technology to customers and end users in order to form long term strategic partnership with the customers as well as the suppliers.

	3M24	3M23	2023	2022

Revenues	1,545.31	1,357.86	5,111.30	5,532.09
Expenses	1,464.43	1,263.42	4,857.15	5,316.04
Net Profit (Loss)	60.24	72.34	186.29	163.37

Assets	2,150.73	2,030.08	1,841.76	1,835.80
Liabilities	1,484.08	1,382.49	1,235.35	1,260.55
Shareholders' Equity	666.65	647.59	606.41	575.25

Operating	-33.22	-17.69	266.00	36.03
Investing	-2.30	-0.35	-1.02	-1.63
Financing	12.11	2.14	-223.44	-32.22

EPS (Baht)	0.14	0.16	0.42	0.37
GP Margin (%)	7.53	9.09	7.84	6.48
NP Margin (%)	3.90	5.33	3.64	2.95
D/E Ratio (x)	2.23	2.13	2.04	2.19
ROE (%)	26.51	27.55	31.53	29.04
ROA (%)	11.51	11.08	13.82	11.86

To maintain a customer base of companies with good financial status, continuous business growth, and prospective projects to build value cocreation for the sustainability.
To increase market share and expand product lines to prospective customers.
To search for efficient producers to increase product diversity and profits.
To develop new business units that build on the current model of business and also improve current distribution methods.
To create projects that promote innovation to increase sales amounts and decrease expenses.
To increase suppliers, partners, and customers in the industry.
To reduce costs that do not benefit company productivity, boost working performance, and improve working capital management.

Green Product Sourcing.
Providing knowledge about plastic products to increase understanding and create participation in sustainable consumption of plastic products.
The company has planned for personnel development through the IDP Project.
To examine critical sustainability issues to formulate sustainable strategies that are consistent with the organization's principal strategies.

The company is a distributor of plastic raw materials and petrochemicals and additives with world-class producers.
Regular (twice a year) Dividend payment with high yield. (Fully statutory reserve) for the past 16 years. Top 50’s dividend yield of The SET in the range of 5-10% per annum.

Operating results Q1/2024

Sales revenue 1,543.5 million baht
Total cost of sales and expenses 1,464.4 million baht
Interest expense 6.14 million baht
Total comprehensive income for Q1/2024 60.2 million baht

The company has been appointed as a distributor for Celanese Pte Ltd. for PBT, TPC, PET and PA products, and has also been appointed as a distributor for Linyuan Advanced Materials Technologies Co., Ltd. (Taiwan) และ Borouge Pte Ltd. (Singapore)
The company has received support and transfer knowledge, experience from successful research from the company's world-class suppliers customers by training or seminar. New innovations can offer improve the quality of the end product and reduce production costs.
The company has a plastic and polymer lab that can test for the physical propertics. All of the project will customize development and sold under the company's own brand, GIC.
The company has received Green Industry Level 2 certification (Green Activity) by Department of Industrial Works, Ministry of Industry.

Encouraging a culture of risk awareness and management. The system must include methods for identifying, assessing, prioritizing, managing, monitoring, reporting, and communicating.
Conducting both subjective and objective assessments of risks. Subjective assessments may include factors such as the company's reputation and image, while objective assessments may include factors such as increased costs or decreased income.
Establishing risk limits that the Company considers to be acceptable, and establishing warning signs that require immediate attention to prevent the situation from worsening.
Developing clearly written work procedures for all employees to follow in order to reduce the likelihood of unwanted risks.
By implementing these risk management policies, the Company aims to promote a culture of risk awareness and ensure that risks are managed effectively and efficiently, with the goal of protecting the interests of all stakeholders.

“Excellent” accomplishment in the Corporate Governance Report of the Thai Listed Companies – CGR for the year ended 2023 which was assessed by Thai Institute of Directors (IOD) since 2017.
The Company has been renewed the certified membership of CAC The certification renewal will be effective for three years, starting from September 30, 2023 onwards.
The Company received 100 scores in AGM assessment for AGM 2023 which was assessed by Thai investor association.
The Honorable Awards for Labor Relations and Labor Welfare 2023 by Department of Labor Protection and Welfare (DLPW).
Certified ISO 9001:2015 since October 2021.

as of 29/03/24	GC	PETRO	SET
P/E (X)	12.75	-	18.10
P/BV (X)	3.92	0.70	1.33
Dividend yield (%)	6.67	2.74	3.38

	29/03/24	28/12/23	30/12/22
Market Cap (MB)	2,376.00	2,354.00	2,442.00
Price (B/Share)	5.40	5.35	5.55
P/E (X)	12.75	13.04	14.06
P/BV (X)	3.92	4.12	4.48

MR. SOMCHAI KULIMAKIN (18.88%)

MRS. NISAPORN SIRIJUNTANAN (12.09%)

MR. SUMRUAY TICHACHOL (11.97%)

MR. BHIYA JRIYASETAPONG (11.47%)

MISS VARUNYA CHATPHIRIYAPHAN (6.25%)

Others (39.34%)

http://www.gc.co.th

info_gc@gc.co.th

0-2763-7999

13/1 MOO 2 KINGKAEW ROAD, TAMBOL RACHATEVA, AMPHOE BANG PHLI Samut Prakarn 10540

Other Trading Info. : https://www.settrade.com/C04_01_stock_quote_p1.jsp?txtSymbol=GC

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