The company does the business as a distributor of safety, occupational health and environment products and services covering the supports of safety for people’s work and daily life, the safety of equipment and the service of water solution systems as well as the other environmental management services.
| 9M24 | 9M23 | 2023 | 2022 |
|---|
| Revenues | 764.37 | 735.85 | 981.43 | 1,003.34 |
| Expenses | 713.51 | 683.52 | 907.56 | 931.60 |
| Net Profit (Loss) | 51.30 | 41.33 | 58.30 | 54.04 |
| Assets | 632.01 | 651.68 | 643.39 | 638.82 |
| Liabilities | 250.80 | 295.76 | 268.99 | 285.25 |
| Shareholders' Equity | 381.09 | 357.22 | 374.28 | 354.87 |
| Operating | 26.59 | 76.39 | 68.08 | 27.42 |
| Investing | 4.98 | -1.58 | 0.71 | -16.04 |
| Financing | -47.05 | -71.75 | -60.68 | -16.50 |
| EPS (Baht) | 0.25 | 0.20 | 0.29 | 0.27 |
| GP Margin (%) | 25.36 | 26.75 | 26.63 | 25.76 |
| NP Margin (%) | 6.71 | 5.62 | 6.09 | 5.39 |
| D/E Ratio (x) | 0.66 | 0.83 | 0.72 | 0.81 |
| ROE (%) | 18.49 | 15.19 | 15.99 | 15.34 |
| ROA (%) | 11.90 | 10.44 | 11.90 | 11.21 |
- To increase the growths from the main business, which is the sales of safety, occupational health and environment products and services for the customers in the existing industries and to expand the customer bases to other industries especially for the target industries of the country and the industries with the potential growths.
- To expand the customer bases to the consumer groups who have the awareness of safety in doing activities or daily life by improving or developing the products and services which satisfies with the customer’s needs and improving the distribution channels to support the customer markets
- To introduce a new product supporting the expansion of customer bases into the customers who are interested in the safety products related to medical and health.
- To expand the service business of water solution systems by improving or expanding the services to other environmental management projects.
The company’s sustainability framework can be divided into 3parts:
- Safer Living – Take part in building safety and good health for people both within and outside of the company.
- Operation Efficiency – Continually develop for greater operational efficiency and service towards business growth that is steady and sustainable.
- Minimize Environmental Footprint – Manage pollution caused by operations, effectively use natural resources, be involved in environmental care.
- The company has been doing a business for 45 years, considered as one of the leading companies who distributes or sells the products as one stop services and are experienced in product selection and supply chain management
- For the safety, occupational health and environment management, companies, public agencies and private agencies pay attention to according to the law and regulations that tend to be stricter. Also, normal people have more safety awareness in daily life
9M/2024, revenue from the sales and services were 761.99 MB, increased 31.42 MB (4.30%) YoY, mainly from SAFETY Products which increased from sales in the personal protective equipment in accordance with the expansion of the industrial sector and services sector and the Company has developed new product models, leading to higher sales both from existing and new customers in the industrial sector, as well as from the development of online and tele-sales channels, boosting sales from SMEs and individual customers. Revenue from Water Products were increase from the construction projects, water treatment system installation services and revenue from selling related products and equipment. In addition, revenue from Medical & Healthcare Products increase from expanding into new product markets such as adult diaper and ergonomic equipment. However, revenue from CE Products decreased due to the slowdown in the industry of main customers in electronic. The gross profit was 193.22 MB, and distribution costs and administrative expenses were decrease compared to the same period of last year. 9M/2024, The Company’s net profit was 51.30 MB; equivalent to 6.71%, increased 9.97 MB (24.11% YoY)
- 2014 - Established Phol Water Co.,Ltd. to expand Water Solution Business
- 2013 - Established Phol Palladium Co.,Ltd. to expand government and public utilities sector
- 2010 - Registered to the Market for Alternative Investments (mai) on 9 December 2010
- 2009 - Expanded to Water Solution Business
- 1978 - Started Business as Distributor for Occupational Safety, Health, and Environment Products
- Risk Management Policy Risks from the Loss of Distribution Rights for Key Brands –The company develops and enhances its distribution channels to meet the needs of all target customers and maintains an image as a professional distributor for the confidence of its brands. It has also developed own brand to mitigate risk from the loss of distribution rights.
- Risks from Purchasing and Stock Management Systems – Handling over 4,000 products, the company faces risks from shortages as well as excess stock. For the effective management of its entire supply chain, the company utilizes an Enterprise Resource Planning (ERP) system and Material Requirements Planning (MRP) system.
- SET AWARDS 2024: Outstanding Company Performance Awards
- “Excellent” CG Score 2024 (for tenth consecutive years from 2015-2024) and “Excellent” CG Score for the years 2012-2013
- Certified as a member of CAC (2016-2025)
- "A" level in the SET ESG Ratings 2023
- Placed on the 2020-2022 ESG100 for third consecutive years
- Placed on the 2019-2021 THSI among mai companies
- Board of the Year Awards 2013 and 2015
- SET AWARDS 2012 - 2013 and SET Award of Honor 2014 in Top Corporate Governance Report
| as of 30/09/24 | PHOL | INDUS | mai |
|---|---|---|---|
| P/E (X) | 9.94 | 14.92 | 38.03 |
| P/BV (X) | 1.65 | 1.16 | 1.79 |
| Dividend yield (%) | 6.73 | 2.85 | 2.10 |
| 30/09/24 | 28/12/23 | 30/12/22 | |
|---|---|---|---|
| Market Cap (MB) | 631.80 | 538.65 | 603.45 |
| Price (B/Share) | 3.12 | 2.66 | 2.98 |
| P/E (X) | 9.94 | 10.13 | 10.94 |
| P/BV (X) | 1.65 | 1.51 | 1.76 |
