‘BGC’ Puffer year 68 Big income 2.5 Minus thousand. Ready to adjust new business models to support
Mr. Silparat Agriculture Chief Executive Officer company BG Container Glass Ltd. (Public) or BGC Big glass packaging manufacturer and distributor in Thailand and ASEAN Revealed that Company Has put in place a policy to upgrade the businessFrom a manufacturer and distributor of glass containers to being the leader in complete packaging To strengthen the operation to support the plan to drive revenue to double growth from 1.1 Ten billion baht are 2.5 Ten billion baht Within a year 2568 Along with adjusting the vision (Vision) Of the organization to be an organization that sends value to everyone Every day with quality packagingUnder a mission to deliver value to all parties Including Shareholder Customer Employees Including our society and the world
“In the past year, it was the year that the company Facing challenges from the impacts of the COVID epidemic-19 But still can do the work at a satisfactory level While also looking for opportunities to develop a stronger business Either investment or merger M&A To further expand the business related to glass packaging Or expanding business in the present To meet the needs of being a one-stop packaging manufacturer and distributor From being a manufacturer and distributor of glass packaging By the company They can offer a wide variety of products and services. Since glass packaging Plastic film Plastic cap bottle PET Preform tubes and corrugated boxes This will create opportunities to increase sales from each customer and increase business potential.” Mr. Silpa Rat said.
Mr. Silpa Rat said On 18 February 2564 Board of Directors (The board) Company Has approved the investment planM&A In business 2 company Including 1.Take stock 100% In the company BG Packaging Ltd. (BGP) Manufacturer and distributor of plastic film Plastic cap bottle PET Preform tube and 2.Take stock 100% In the company Bangkok Packaging Ltd. (BVP) Manufacturer and distributor of paper packaging With estimated capacity 5 Ten thousand tons per year Using the total investment budget 1,650 Million baht By using the source of funds from borrowing from domestic financial institutions and the Company Still maintain the debt to equity ratio (D/E Ratio) Not more than 2.5 As much
This Whole affairs 2 Company Have been consistently profitable in the past Therefore, it is confident that the said investment will enhance the business potential and results of operations of BGC To be stronger Since it can recognize the revenue and profit from the company. Invested After completing the merger process Together with the company will be able to offer a full range of services (One stop service) Since packaging With label lid And carton box With a team of experienced and expertise in the packaging industry It has modern design technology. In addition It also increases the convenience of customers by offering a wide variety of products and services. Expected that the company Will begin to recognize income from such investments from this May onwards. If approved by the annual general meeting of shareholders 2564
“Company Aiming to expand more investment to enhance Total Packaging Solution Which will affect the future income structure to change With expectation within 5 Years from now Company The main income from the glass packaging business is approximately 55% Products related to glass packaging 40% And energy business 5% From nowadays its main income is from the glass packaging business 95% And energy business 5%” Mr. Silpa Rat said.
Mr. Silpa Rat said Performance overview for the year 2563 Despite the economic problems and the impact of the curfew measures. The Lock down And the ban on the sale of alcohol To tackle the epidemic of COVID-19 That happened in the last year Including increased energy costs during the last quarter. Company Can still make a net profit 516 Million bahtAt the same level as the year 2562 That could 512 Million baht Although the revenue from the sale is at 10,968 Million baht Slowdown from the year2562 With income from sales 11,252 Million baht This The Board of Directors meeting Has passed a resolution to pay dividends from the quarter operating results. 4/2563 number 0.12 Baht per share Total over 83 Million baht Prepare to mark XD On a date21 April this And to pay dividends to shareholders on 7 May 2564
Mr. Silpa Rat said For measures to tackle the new coronavirus outbreak-19 Of the government in January the past Did not significantly reduce the demand for packaging. Currently the company Still have orders as usualThe energy costs increased at the end of the past year. Company The response is planned by increasing the form of energy used to diversify risks. And increasing the proportion of glass used in melting to reduce energy consumption And control the use of fuel efficiently However, it is expected that the company Will benefit from the price of soda ash (Soda ash) Which is the main raw material for glass production which has been continuously reduced And the price of broken glass By the company Set a total income targetFor years 2564 Growth from the previous year approximately 35% From the business expansion plan M&A
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