OPPORTUNITY DAY - sabina.listedcompany.com
Transcript of OPPORTUNITY DAY - sabina.listedcompany.com
SABINA PUBLIC COMPANY LIMITED
www.sabina.co.th
PRESENTATION Q2 2021
OPPORTUNITY DAY
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WHAT ARE WE IN Q2 2021 FINANCIAL HIGHLIGHT BUSINESS UPDATE APPENDIX
OPPORTUNITY DAY PRESENTATION
AGENDA
Q2 2021
SABINA PUBLIC COMPANY LIMITEDwww.sabina.co.th 2
WHAT ARE WE IN Q2 2021 FINANCIAL HIGHLIGHT BUSINESS UPDATE APPENDIX
• Covid W3 has returned heavily again on mid of June although the situation seemed to be normal
on April and May, Sabina has applied the following strategies,
1. Introduce new budget price products to cope with the current situation.
2. Increase more activities on both online marketplace and social commerce together with the TV
shopping.
3. More mobile pop up stores to the community market where there is high traffic.
4. More orders have been placed by CLMV distributors on April and May.
THB mm
Revenue
2,397 2,679
3,103 3,295 2,914
1,340 1,305
658 633 4% 12% 16% 6% -12%
2016 2017 2018 2019 2020 1H 20 1H 21 Q2 20 Q2 21
Q2 2021Sale Performance
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Q2 2021Sale Performance
• +24.3% YOY, NPM increase from 7.7% to 9.9%
1. Higher efficiency of marketing budgets spent with social and online platform.
2. Learning from the Covid situation last year the company has saved more expenses
by combining some divisions, exercising more job rotation, renting lower sale
space, promoting more DTC sale, less traveling, etc.
• GPM has sharply increased from 38.8% to 49.3% since Sabina did not
produce low margin fabric mask anymore unlike the situation of last year when
hygienic mask was short from the market, fabric mask took place in a sudden
and were donated to several communities and hospitals.
Gross Profit Net Profit
1,258 1,356 1,595
1,786
1,373
612 625
256 309
52.8% 50.9% 51.6%54.4%
47.4% 45.9% 48.5%
38.8%
49.3%
2016 2017 2018 2019 2020 1H 20 1H 21 Q2 20 Q2 21
Gross Profit
176 243
362 413
277
121 141 50 63
6% 38% 49% 14% -33%
7.3%
9.1%
11.7%12.5%
9.5% 9.0%
10.8%
7.7%
9.9%
2016 2017 2018 2019 2020 1H 20 1H 21 Q2 20 Q2 21
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Sabina Revenue Net Profit
THB mmTHB mm
2,397 G 4%2,679 G 12%
3,103 G 15.8%3,295 G 6.2%
2,914 G-11.6%
2016 2017 2018 2019 2020
95105
117
97
70
50
86
7078
63
Q1 Q2 Q3 Q4
2019 2020 2021
1H 2020 1H 2021 % YoY
Net Profit 121 141 16.7%
Q2 2021Performance Update
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WHAT ARE WE IN Q2 2021 FINANCIAL HIGHLIGHT BUSINESS UPDATE APPENDIX
Financial overview by segment
96
254
336
554
284 295
184 149
164% 32% 65%
2016 2017 2018 2019 2020 1H 20 1H 21 Q2 20 Q2 21
THB mm
• With the ongoing of Covid wave2, more Mobile pop up stores have
aimed to high traffic locations where there is the Government helping
vendor Campaign. • Newness for Q2 collections such as Sabina x EstherBunny
• Focusing more O2O strategy through our Sabina@home program
where the offline sales can also sell online.
SABINA BRAND
REVENUE64% (69% in 2020)
• With the quick growth of +79% moving average since 2017, Nsr is still
aiming to get 25-30% proportion of the total revenue by the end of this
year although Nsr has got a hiccup on this quarter.
• The slow down of the economic due to the 1st and 2nd hit of Covid 19
has also caused the overall poor purchasing power and it was also
because of the high growth of the on line sale at the same period.
• Real time marketing is still be our short-term strategy to adapt all sale
and marketing plan to match with customer needs.
NON STORE RETAILING (NSR)REVENUE23% (19% in 2020)
THB mm
1 22,112 2,291
2,489 2,581
2,006
885 830 402 392
7% 8% 9% 4% -22%
2016 2017 2018 2019 2020 1H 20 1H 21 Q2 20 Q2 21
Q2 2021Performance Update
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59 52
60
76 70
35 40
8 12 -7.8% -12.7%17.4% 25.7% -7.9%
2016 2017 2018 2019 2020 1H 20 1H 21 Q2 20 Q2 21
WHAT ARE WE IN Q2 2021 FINANCIAL HIGHLIGHT BUSINESS UPDATE APPENDIX
Financial overview by segment
THB mm
SABINA EXPORT
REVENUE3% (3% in 2020)
OEM
REVENUE10% (9% in 2020)
THB mm
3 4
Q2 2021Performance Update
212 220
287 287 265
127 126
65 73 -17.2% 3.9%30.3% 0.1% -7.5%
2016 2017 2018 2019 2020 1H 20 1H 21 Q2 20 Q2 21
G -0.7%
• The postponed shipment from March due to the Suez canal situation
has been combined together with the 2nd Quarter order to make the
sales increase 12.3%.
• The recently weak Thai currency has caused the higher margin as
well.
• Vietnam as one of the top secure from Covid country, the distributor
has placed more orders during April and May making the sale
increased to 43.5%.
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Q2 2021Performance
Update
SABINA BRAND
REVENUE
64%
(69% in 2020)
NSR
REVENUE
23%
(19% in 2020)
SABINA EXPORT
REVENUE
3%
(3% in 2020)
OEM
REVENUE
10%
(9% in 2020)
Financial overview by segment
Sabina Brand 830.2 MB 64%
Sabina NSR 294.5 MB 23%
Sabina Export 39.7 MB 3%
OEM 126.4 MB 10%
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SABINA EXPORT
39.7 MB , G +13.1%
◼ Vietnam 29
◼ Philippines 27
◼ Myanmar 8
◼ Laos 7
Purely distributed by local partners with no direct investment on the stores
◼ Cambodia 5
◼ Bangladesh 10
◼ Pakistan 9
New Store/POS Expansion (Q2 2021)
Offline
• Join the Thailand Best Buy
and Top Thai Brand event
to expand the target group
for Sabina
• Doing the event near the
area of supermarket or
near the community to
generate more sales and
expand target customer
Online
• Sabina as one of the top 5 best
performance award in year 2020
from shopee and only one lingerie brand that got this prize
• Join the double digit campaign
every single month and having
Sabina brand day on online platform
Sabina brand export has aimed to
focus on the ASEAN community,
especially on the on line platform
where we are now the number one
of lingerie section through Shopeesince 2020.
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WHAT ARE WE IN Q2 2021 FINANCIAL HIGHLIGHT BUSINESS UPDATE APPENDIX
OEM
126.4 MB , G -0.7%
• Order from UK and EU brands has
been fully booked till December
2021.
• The collapse of some SME garment
factories after the 1st and 2nd hit of
Covid has brought the opportunity for
OEM business to get more orders of
all type of garments keeping Sabina production work smoothly.
OEM Customers [Lingerie]
Order Confirmation
OEM order is in place until
December,2021
Order Confirmation Q2 2021
1 3 126
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NON STORE
RETAILING (NSR)294.5 MB , G +3.7%
• New Customers try to buy product on
alternative platforms besides traditional
platform (Offline)
• NSR still has growth about 3.7% even 2nd
and 3rd of Covid 19 pandemic occurred.
• Real time marketing still be our short-term
strategy to adapt all sale and marketing
plan to match with customer needs.
Lazada , Shopee , JD , LineShopping , Central Online , Robinson Online ,
Sabina Online
Online
Oshopping , One31 , GMM25 , Friday , 24 Catalog
TV & Catalogue
i.e. Vending Machine
New Channel
ONLINE52%
TV + Catalogue46%
New Business3%
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WHAT ARE WE IN Q2 2021 FINANCIAL HIGHLIGHT BUSINESS UPDATE APPENDIX
• DTC is growing in double digit comparing to other online
channels. Customers are willing to buy directly from brand.
6,142,790
23,093,144 11,82
7,862
Direct Sale
YoY +11%
Market Place
YoY-9.5%
DTC (Direct to customer)
Sabina website + Social commerce
X
NON STORE
RETAILING (NSR)294.5 MB , G +3.7%
TREND ONLINE
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WHAT ARE WE IN Q2 2021 FINANCIAL HIGHLIGHT BUSINESS UPDATE APPENDIX
NON-STORE
RETAILING (NSR)294.5 MB , G +3.7%
• Shopee Brand Awards 2021
To celebrate brands’ milestones and achievements, Shopee also
presented awards to ten brands for their outstanding marketing
and commercial performance
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SABINA BRAND
830.2 MB , G -6.2%
Shop
Department
stores and
others
Modern TradeMobile pop up
store
Distributors
2021
Strengths
◼ Key channel
for high value
products
◼ Advertising
channels
◼ Channels to
gather
customer
behavior data
for R&D
◼ Key channel
for mid-end
products
◼ Key channel
for low price
products
◼ Key channel
to manage
obsolete
inventory
95 Shops82 Department stores
82 Traditional Trade307 Modern trade
Traditional Store Retailing Channels
Store 2019 2020 Q2 2021 Dif
Department Store 83 83 82 -1
Modern Trade 308 312 305 -7
Shop 106 102 95 -7
Traditional Trade 88 81 81 0
Total 585 578 563 -15
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With the rise of Online and TV shopping channels, more traditional stores will be
removed to 550 offline stores by the end of 2021, renting space will keep lower than 50 Square meter.
WHAT ARE WE IN Q2 2021 FINANCIAL HIGHLIGHT BUSINESS UPDATE APPENDIX
TVC : GREAT PRICE
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Covid insurance
South East Life Insurance teams up with Sabina to
create a special promotional campaign especially
for Sabina customers, when spending 1,500 baht per purchase, get a free Covid insurance.
WFH Bras : The comfiest bras for working from home
In between all the hustle and fear of the pandemic, the unending work from home demands
comfort clothing is raising. Sabina offers the comfiest seamless, wireless and non-padded bra
styles for your everyday wardrobe and enjoy the new normal. You can feel the most
comfortable natural beauty bra .
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New +Plus Size Panty for Plus Size Woman
Sabina new + Plus size panty for plus size women to feel the most comfortable from inside available
now both Sabina store and Sabina online.
Premium Camisole
To create the most comfortable outfit for in-
home workouts & exercise, lounging on the
couch, or as a sleeveless sleep shirt also
recommended.
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WHAT ARE WE IN Q2 2021 FINANCIAL HIGHLIGHT BUSINESS UPDATE APPENDIX
Maximizing Fit for Cloth and Medical Procedure Masks to Improve
Performance and Reduce SARS-CoV-2 Transmission and Exposure
Universal masking is one of the prevention strategies recommended by CDC to slow
the spread of SARS-CoV-2, the virus that causes coronavirus disease 2019 (COVID-19).
Sabina also has campaign to support customers using double masks for more
protection.18
WHAT ARE WE IN Q2 2021 FINANCIAL HIGHLIGHT BUSINESS UPDATE APPENDIX
Newness : Sabina x Esther Bunny Collaboration
Sabina team-up marks Esther Bunny’s first collection released in Thailand.
It is designed by Korean-American artist Esther Kim.
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WHAT ARE WE IN Q2 2021 FINANCIAL HIGHLIGHT BUSINESS UPDATE APPENDIX
Sabina promoted our OMNI channel by turning our offline
store PC to be online customer service to give any
assistance customers may need during a temporarily
closing of our stores in 29 provinces,
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FINANCIAL HIGHLIGHT
Q2 2021
SABINA PUBLIC COMPANY LIMITEDwww.sabina.co.th 21
176 243 362 413 277
121 141
7.3%9.1%
11.7%12.5%
9.5% 9.0%10.8%
2016 2017 2018 2019 2020 1H 2020 1H 2021
Net Profit NPM
2,397 2,679
3,103 3,295 2,914
1,340 1,305
2016 2017 2018 2019 2020 1H 2020 1H 2021
WHAT ARE WE IN Q2 2021 FINANCIAL HIGHLIGHT BUSINESS UPDATE APPENDIX
Rapidly trending down SG&A to total revenue
% THB mm
THB mm THB mm
Consistently growing top line
Significantly expanding net profit and NPMStrong GPM and steadily expanding EBIT margins
% YoY Growth
2016 2017 2018 2019 2020 1H 2020 1H 2021
4% 12% 16% 6% -12% -18.5% -2.6%
1,051 1,067 1,156 1,276 1,034
463 461
44.1%40.1% 37.4% 38.9%
35.5% 34.6% 35.3%
2016 2017 2018 2019 2020 1H 2020 1H 2021
SG&A SG&A/Sales
9.2% 11.4% 14.6% 15.9%12.2% 11.7% 13.7%
52.8% 50.9% 51.6% 54.4%47.4% 45.9% 48.5%
2016 2017 2018 2019 2020 1H 2020 1H 2021
EBIT Margin GPM
% YoY Growth
2016 2017 2018 2019 2020 1H 2020 1H 2021
6.1% 38.4% 48.7% 14.3% -33.0% -39.6% 16.7%22
WHAT ARE WE IN Q2 2021 FINANCIAL HIGHLIGHT BUSINESS UPDATE APPENDIX
Days inventory outstanding and inventory turnoverDays sales outstanding and account receivable turnover
Improving cash conversion cycleAccount payable turnover days and account payable turnover
Days
49 45 44 4651 47
7.58.1 8.3 8.0
7.17.7
2016 2017 2018 2019 2020 1H 2021
DSO (Days) A/R Turnover (Times)
374297
255328 355 358
1.0
1.21.4
1.11.0 1.0
2016 2017 2018 2019 2020 1H 2021
DIO (Days) Inventory Turnover (Times)
41 46 41 43 33 29
8.98.0
8.9 8.4
11.012.4
2016 2017 2018 2019 2020 1H 2021
A/P Turnover Days (Days) A/P Turnover (Times)
382296
258331
373 376
2016 2017 2018 2019 2020 1H 2021
Working capital management
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7.9
10.5
14.5 14.7
9.510.6
2016 2017 2018 2019 2020 1H 2021
WHAT ARE WE IN Q2 2021 FINANCIAL HIGHLIGHT BUSINESS UPDATE APPENDIX
Healthy balance sheet with ample debt room to raise fund whenever it is needed
D/E
PercentPercent
ROA ROE
Times
EPS
10.313.3
19.422.4
15.116.6
2016 2017 2018 2019 2020 1H 2021
1,754 1,895 1,835 1,861 1,795 1,818
484 492 767 1,157 1,009 852
0.28 0.26
0.42
0.62 0.56
0.47
2016 2017 2018 2019 2020 1H 2021
Total Equity Total Liabilities D/E
0.51
0.70
1.041.19
0.80
0.41
2016 2017 2018 2019 2020 1H 2021
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With ability to consistently distribute cash to investors
Dividend
2017 2018 2019 2020 2021
Dividend THB /
Share0.82 1.04 1.19 0.80 0.41
Payout Ratio 117% 100% 100% 100% 100%
0.70
1.04
1.19
0.80
0.41
0.14
0.50 0.57
0.35 0.41
0.68
0.54
0.62
0.45
2017 2018 2019 2020 2021
EPS (Bt./share) 1st Half 2nd Half
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BUSINESS UPDATE
SABINA PUBLIC COMPANY LIMITEDwww.sabina.co.th
WHAT ARE WE IN Q2 2021 FINANCIAL HIGHLIGHT BUSINESS UPDATE APPENDIX
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Mother’s Day
Sabina launched special Mom’s giftset with premium face masks on Mother’s day.
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WHAT ARE WE IN Q2 2021 FINANCIAL HIGHLIGHT BUSINESS UPDATE APPENDIX
Expansion of product range
Sabina started to have special collaboration with top-brand to create more variety of products to Sabina’s customers. All the
brands that we collaboration has their own uniqueness about design and quality product.
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CSR : Continuing donation of cloth mask and lingerie to help Thai pass this pandemic
Sabina continue donates both our cloth mask and lingerie to worker camp that has been locked down,
Public school in Bangkok, Hospital for medical personnel etc.
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2,400
1,400 1,550 1,758 1,443 1,245 -198
1,900
1,400 1,4501,618
1,4231,317 -106
800
1,1001,200
1,153
1,073959 -114
5,100
3,9004,200
4,529
3,9393,521 -418
2011 2013 2017 2019 2020 1H 2021
Sewing Non ( sewing+PC ) PC
WHAT ARE WE IN Q2 2021 FINANCIAL HIGHLIGHT BUSINESS UPDATE APPENDIX
Output (million pcs.)
Manpower
- The total number of employees have naturally decreased 418 positions since
the beginning of January 2021. Some employee would like to change their job
to do the food and parcel delivery during the Covid pandemic.
• Production Capacity has been intentionally controlled to reduce to -12% on this quarter to avoid the inventory piled up.
Output 2020 2021 %GYS 3.20 2.97 -7%CN 1.70 1.75 3%BN 1.20 0.91 -24%TP 1.20 1.05 -12%S5 1.10 0.75 -32%
Capacity 8.40 7.43 -12%
-114
-198
-106
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Sourcing
GPM 58.9%Produce
GPM 50.4%
GPM 51.6%
Production : Sourcing
Working capital and inventory management
• 48.5% GPM of 1H has been improved from 47.4% GPM of ending 2020. GPM of out sourcing is still making
higher profit than self production despite the recent weaker Thai currency.
63% : 37%82% : 18%
Sourcing
GPM 58.6%Produce
GPM 53.3%
GPM 54.4%
54% : 46%
2020
GPM 47.4%
Sourcing
GPM 57.6%Produce
GPM 43.2%
• Inventory days still maintains at the similar level of 2020 despite the second Covid pandemic on Dec2020 to Jan2021
and the third Covid pandemic on mid Jun.
20192018
55% : 45%
1H 2021
GPM 48.5%
Sourcing
GPM 56.6%Produce
GPM 44.3%
374297 255
328 355 358
1.01.2
1.4
1.11.0 1.0
2016 2017 2018 2019 2020 1H 2021
DIO (Days) Inventory Turnover (Times)GPM has sharply increased
from 38.8% to 49.3% YOY
and from 47.6% to 49.3%
QOQ.
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CSR : ESG ESG Principles
ENERGY MANAGEMENT (GRI 302-1, 302-4)
WATER MANAGEMENT (GRI 303-2, 303-4, 303-5)
PARTICIPATION IN CLIMATE CARE
(GRI 305-2, 305-5)
WASTE MANAGEMENT (GRI 306-2)PRODUCTION RESPONSIBILITY(GRI 301-1 , 301-2)
CORPORATE SOCIAL RESPONSIBILITY MANAGEMENT- Mother Jintana Foundation- Sewing Cup, Sewing Heart- AunJai Fund (Micro Finance)- Factory Model - Covid Away Program
SAFETY , OCCUPATINAL HEALTH AND WORKING ENVIRONMENT (GRI 406-1, 403-2, 403-4, 403-5, 403-6, 403-9)HEMAN RIGHTS RESPECT (GRI 406-1, 412-1, 412-2)
FAIR BUSINESS PRATICES- Code Of Conduct
- CAC (Collective Action Coalition Against Corruption)
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Corporate Culture
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APPENDIX
Q2 2021
SABINA PUBLIC COMPANY LIMITEDwww.sabina.co.th 34
◼ The leading Thai women underwear manufacturer
under the iconic Sabina brand, awarded Thailand’s Top
Corporate Brands in fashion sector for 5 consecutive years
◼ Strong distribution nationwide
with products sold across 585 POS, 106 shops in leading
department stores and discount stores together with sales
channels in TV and online channels
◼ Also has support from local distributors
In key regional markets including the Middle East, Asia
(Pakistan), and AEC (CLMV and Philippines)
◼Manufacturing capacity of ~12 mm units
with ability to manufacture complex products that required high
skilled labor
Yasothorn
1.5 mm/year
Burerum
5 mm/year
2.4 mm/year
Chainat
1.7 mm/year
Thapra
1.4 mm/year
Sai 5
Manufacturing footprint (1)
#1 Thai lingerie brand in term of revenue
Sabina at a GlanceIntroduction to Sabina
35
0%
BRAND EXPORT
3%
BRAND EXPORT
19%
NSR
9%
OEM
10%
BRAND
90%
OEM
69%
BRAND
1997-2005: No pricing ability with nominated supplier 2012-2020: Ability to command retail price with variety supplier
Sale Report Brand and OEM (2007 - 2020)
55%50%
35%30%
25%
10% 9% 11% 11% 9% 8% 9% 9%9%
45%50%
65% 70%75%
90% 91% 89% 89%97% 92% 91% 91% 91%
1,163959
551556
441
185 200 242 250 216 220 287 287 265
903994
1,0991,310
1,459
1,824 1,978 1,911 2,044
2,108
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020OEM Sabina
% Gross Profit
26% 37% 37% 35% 44% 50% 51% 53% 52% 53% 51% 52% 54% 47%
% Net Profit Margin
6% 9% 4% 3% 3% 6% 5% 7% 7% 7% 9% 12% 12% 9%
2011: Thailand Great flood / Euro-zone crisis
2012: Minimum Wages hike to THB 3002007-2008:Subprime 2010:UK Financial Crisis
2,439 2,803
Sabina at a GlanceFrom OEM manufacturer to brand developer
2,993 2,633
36
Sabina at a GlanceWide product offering with ability to capture broad group of customers
Medium (<THB700) Medium-High(THB700-1,000) High(>THB1,000)
Children
(6-15 years)
Teens
(15-25 years)
Young women
(25-45 years)
Women
( > 45 years)
The products vary in prices to fit with different
target groups. The lowest price products are
distributed through modern trade, such as BigC
and Tesco Lotus. The middle price products,
which cost about 700-800 Baht, are distributed
throughout the country, including Doomm Series,
Wireless bras, and Modern V. For the top price
products under the brand Madmoiselle, Maggie
mae and Woonsen Collection, which cost over
1,000 Baht, are only distributed in big cities and in Bangkok area only.
37
Sabina at a GlanceGrowth Strategy in 2021-2023
◼ Customer centric product development
◼ Consistently introduce new products / collection that meet customers needs
◼ Backed by state-of-the-art marketing activities (plan to invest 3-4% of sales in marketing
activities)
◼ Store Optimization – selective store for each group of product
◼ Price optimization
◼ Provide Omni-Channel experience for customer
◼ Wider and Exclusive assortment in online and TV channels
◼ Joint business plan with key partners to align sales & marketing plan
◼ Provide customer seamless Experience
◼ Personalized marketing campaign
◼ Sabina brand building
◼ Strengthen distributors
◼ Channel expansion
◼ Stores expansion
◼ Online and TV channels expansion
oversea
◼ Wholesale expansion
◼ Product innovation
◼ Maintain superb quality and on-time delivery
◼ Focus on high-end brand
◼ Increase higher profit margin
NowLooking Forward
Key Drivers
Sales will be supported by both Sabina manufacturing capacity together with an increase in product sourcing from trusted sub-contractors
Sabina
Brand
NSR
Export
OEM
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Company InformationBusiness structure
Shareholding patternDivisions operation of the company policy
39
Company InformationCompany mile stones
Originally, the business of manufacturing and distributing OEM products of the company was the production and distribution for subsidiaries which received production orders from another customer. Since the subsidiary has been operating for a long time and is known to foreign customers more than domestic ones. When the company became well-known to foreign customers, it began to sell OEM products directly to customers. So the production for lingerie distributors overseas is the main revenue proportion. However, after the company changed its policies concerning reducing the proportion of OEM production and distribution since 2008, resulting in the company's main revenue proportion coming mainly from the production and distribution of products to the subsidiary under the brand "Sabina".
40
Company InformationMessage from Chairman The Thai economy in 2019 did not look good, resulting from the decelerating trend in 2018. The GDP at the beginning of
the year was expected to be approximately 3.8 % but ended up at 2.4%. The first half of 2019 saw a rather promising growth of the Thai economy; however, second half of the year saw a decline in agricultural prices, drought, and heavy rain at the end of the year, causing floods in the north and northeast regions.
Despite the recession, due to the expansion of distribution channels customized for the current buying habits of consumers, Sabina Public Company Limited was able to perform well in 2019, in which its sales revenue had increased by 6.2 percent, resulting in total sales revenue of 3,295 million baht, which was higher than the previous year's sales revenue of 3,103 million baht, resulting in a 14.3% higher profit than the previous year and net profit of 413 million baht, which was higher than the previous year's net profit of 51 million baht. For this reason, the Board of Directors has resolved to pay dividends of 1.19 baht per share. However, since the Board of Directors has passed a resolution to pay interim dividends in the amount of 0.57 baht per share, it is appropriate to propose to the general meeting of shareholders on April 23, 2020 for further dividend payment at the rate of 0.62 baht per share, which will be paid on 22 May 2020
In 2020, the company is planning to increase its sales revenue and expand its customer base by offering new distribution channels that are easily accessible, faster delivery by adjusting the inventory and shipping system to be more efficient, new innovative products to meet the needs of consumers, clear marketing communication, and the marketing budget for maximum efficiency. Exports produced under the CLMV companies' brand are likely to increase due to the reliability of the quality and the Sabina brand of the company.
In 2019, the company operated its business by abiding by the principles of good corporate governance and continuously recognizing the importance and responsibility of shareholders and interested parties of the company. In 2019, the company was evaluated by the Thai Institute of Directors (IOD) and placed at the level of "excellent".
In 2019, the company put a great emphasis on the importance of projects and activities based ESG (Environmental, Social, Governance) and the philosophy of "Society Lives. People Survive. Employees and Companies live a sustainable Life", by implementing former projects and maximizing their benefits such as Breast Implant Project that is focused on breast donation to those undergoing mastectomy because of breast cancer, Zero Waste Project emphasized on usage of traditional wisdom to make products out of waste materials, and Micro Finance aimed at helping employees with large debts.
On behalf of the Board of Directors, executives, employees, the company will be dedicated to conducting its business under the principles of good governance in order to create sustainability for the organization. Thank you to all shareholders, customers, business partners, as well as all interested parties, for the trust and confidence that you have given to the company all along. Finally, we are so proud to have received the Set Award in the Out Standing Performance category for 2019 as well. 41
Company InformationVision and Mission
Vision
The company operates under the
concept of “Create Value with
Innovation” aim to build Sabina lingerie
brand integrity with new innovations as well as
modern fashion, accepted quality, consist and
fits with the needs of all women in all countries
and along with social responsibility.
Mission
The company has a mission to
operate in accordance with the
vision structured
under the concept of operations
which are separated into
various parts as follows.
People:Trust and Worthiness in human as precious resources
People: The company believes that employees are valuable human resources because they are an important factor enables the company to achieve its goals and objectives. Therefore, giving importance to taking care of all employees, every position is like a valuable resource of the company.
Product:Delivered products beyond expectation
Product: The company will produce product’s quality tomeet with expectations of
customers. By using research, develop new innovations for products that will meet the needs of women of all ages.
Partners:Trust and Reliable Enterprise
Partners: The company will manage and operate in order to gain trust and confidence from partners or those related to the company in every aspect such as shareholders, employees, customers, creditors, and competitors.
Productivity:Innovation through productivity by advance mechanism
Productivity: The company will manage production by using production management methods, production technology, production innovation Including modern machinery used in production. In order to get standardize quality products and approve by every customerin every country.
Planet:Return Benefit to Society and Environment
Planet: The company is still committed to business conducting by returning profits to society and the environment.
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Company InformationAwards
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Company InformationAwards
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Company InformationAwards
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Company InformationOrganization Chart
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Company InformationBoard of directors
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Sabina Fareast Co., Ltd.
Address :
12 Arun Amarin Road, Arun Amarin
Sub-District , Bangkok Noi District, Bangkok 10700
Telephone :02-422-9400
Fax :02-434-5911
IR Contact :
Telephone :
02-009-9999
E-mail :[email protected]
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