ADB Boom Medical Compound Forward to export glue-silicone to make money

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Published by webmaster on February 23, 2022

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#ADB #ThunHoon – ADB shows the results of the year 64, sweeping profits into the portfolio of 75.68 million baht. Female general “Pornpiwan Niramoncherdchay” says the medical compound has grown outstandingly. lay out strategies for the year of the tiger Let’s maintain the market share of PVC cables, No. 1 in 3, accelerating margins, expanding exports of sealants, silicone sealants to South Africa, Middle East markets.

Ms. Pornpiwan Niramoncherdchay, Managing Director of Applied DB Public Company Limited or ADB, is a manufacturer and distributor of plastic compound products. industrial glue And sealants revealed that in 2022, the factor that must be closely monitored is the cost of raw materials. Because the direction of raw material prices has risen high since the past 3Q/21, while in the first half of 2022, the company will try to drive margins (margin) to grow higher than in the past. In addition, the company will increase sales. And maintain the market share of PVC Compound and PVC wires to be ranked 1 in 3, which the company has a sales volume of PVC products, not small and not very large compared to other competitors

** Best seller group

while the growth direction of PVC Compound products will be the hero or have the highest sales of the company It is expected that the growth will be very evident in the first quarter of 2022. Year 2022 will be the pre-election year. The budget for the use of electrical wires to the ground will be a lot. Therefore, demand for PVC Compound cable group will be clearly visible in 2022.

In addition, Medical Grade PVC Compound or a group of medical devices. It is expected that there will be a continued growth trend from 2021, making the company plan to add 2 more production lines to support future growth. As for the investment budget, it will be 5-10 million baht per device. and will increase the production capacity by 50% of the sales of Medical Grade PVC Compound products.

This group of products will give the company a high margin. and should be replaced by PVC Compound margin that tends to decline after rising raw material prices.

** Penetrates to export glue

At the same time, the company will focus on the export of adhesive products. Silicone sealant (Silicone Sealant) because the company saw the export channel. and demand for glue The silicone sealant is quite high. Especially in South Africa and the Middle East, the proportion of sales of these products is 50-60% overseas and 40% domestic sales.

As for the overview of sales in 2022, the company aims to increase to 2 billion baht. If it is a growth rate, it is considered high. and expected to be in accordance with the plan because the company adjusts its business strategy and prepare to drive sales as much as possible.

As for the operating results of 2021, there was a net profit of 75.68 million baht, from a net profit of 69.66 million baht in the previous year, an increase of 6.02 million baht or a growth of 8.64%. Profit of all business groups of the company especially in the plastic compound group due to the demand for large-sized wires and cables in the public utilities sector.

** bright works

As for the revenue in 2021 at 1,700.05 million baht, divided into sales of the company, an increase of 308.79 million baht, or a growth of 22.55% from the sale of plastic compounds for use in medical products, an increase of 84.22 million baht or more Up 75.98% from the previous year’s sales. from the demand for plastic pellets for medical devices.

The Board of Directors has approved the dividend payment for the year 2021 performance to shareholders at the rate of 0.05 baht per share, totaling no more than 36.30 million baht. An XD sign has been posted on April 27, 2022 and a list of shareholders Have the right to receive dividends on April 28, 2022, dividends will be paid on May 17, 2022.