BKDBangkok Dec-Con PCL
1
BKD at a glance
• Since BKD was established in 1985, we have been committed to become Thailand’s one-stop service provider for interior design and construction.
• Currently, we are one of the first service providers customers think of when searching for an interior contractor.
• Other than the core interior business, we also invested in a water company that is licensed to sell tap water in some parts of Phuket; thus creating a recurring income for BKD.
2
Gold Shores Co.,Ltd
• BKD holds 40% of the company
• Paid ~600MB on December 3, 2018
3
Water supply
• Land area ~340 Rai
• Situated near Klong Bang Thong, Thai Mueang District, Phang-nga
• 22km from Sarasin Bridge
4
Sand Selling
5
6
Water Production Station
Piping WorkMain piping (900mm) Piping for customers (50mm)
7
Water StationBefore sending to the tap water station, then the customers.
8
Some of our customers
• Our team has expertise in various industries
• We control and take responsibility in all aspects to achieve the requirements of our customers regarding quality, cost, and delivery
9
Completed Projects
BDMS Wellness Clinic and Resort Nai Lert Park (75MB)
10
Completed Projects
Chakri Naruebodindra Medical Institute (672MB)
Gateway (55MB)
11
On-Going Projects
Hyatt Regency Samui (34MB)
Imperial Boathouse Samui Renovation (90MB) Banyan Tree Krabi (106MB)
12
Financial Data
Key Financial Data
2018 Revenue Contribution
Hotel23%
Hospital27%Office
21%
Condo7%
Abroad13%
Other9%
Operating Revenue and Net Profit Margin
2017 2018 YoY
Total Revenue 1,455.88 1,171.02 -20%
Gross Profit 54.85 288.85 427%
Operating Profit 46.81 214.39 358%
Net Profit 38.58 170.42 342%
Total Asset 1,701.10 2,076.06 22%
Total Liabilities 555.22 462.80 -17%
Shareholder’s Equity 1,145.89 1,613.26 41%
Gross Profit Margin 3.77% 24.67% 21%
Operating Profit Margin 3.22% 18.31% 15%
Net Profit Margin 2.65% 14.55% 12%
Current Ratio 1.73 1.63 -6%
Debt to Equity Ratio 0.48x 0.29x -41%
Return on Assets (ROA) 23.52% 11.27% -12.25%1
Return on Equity (ROE) 28.97% 12.35% -16.62%1
Earnings per share 0.332
0.17 -48%
Book value per share 0.50 0.50 0%
Dividend per share 0.342
0.15 -56%
From increased shareholder’s equity1
From gain on sales of the investment property2
599
907
1154
13681456
1171
2%
10%
14%
6%
3%
15%
0%
2%
4%
6%
8%
10%
12%
14%
16%
0
200
400
600
800
1000
1200
1400
1600
2013 2014 2015 2016 2017 2018
Revenue Net Profit Margin 13