ADB next year to NewS-curve, attracting partners to aggressive packing

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 sealant products Revealed that the company aims for revenue in 2022 to grow 35-40% or has revenue at the level of 2 billion baht. The company sees the business direction in 2022 will be New S-curve, with products that will grow high, which are 2 products: Group 1. The group that produces PVC Compound Cable group still has demand.

** Clear wire demand

By 2022, it 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.

Meanwhile, Medical Grade PVC Compound or the medical device group is expected to grow continuously from this year. Therefore, the company plans to add 2 more production lines to support future growth.

The second group that will grow is sealant products. Especially silicone sealant (Silicone Sealant), which will grow in accordance with exports. The company will focus on exporting to countries where repairs are made. Build quite a lot of housing And there is a need to use silicone sealant that is not expensive. Therefore, the company expects such products to generate good income for the company in 2022.

** Revenue target 2 billion.

“Before listing on the stock exchange We set a goal to earn up to 2 billion baht. Now we have been in the market for 3 years and are entering the 4th year, so we will continue to drive revenue as planned. In 2022, it is expected to be New S-curve, both sales and margin part where the margin will increase Because this year’s base is low,” Ms. Pornpiwan said.

In addition, the company will look for partners. to join the growing bio business Due to the ability to expand the Compound and Adhesive business. Recently, ADB Bio Company Limited, which operates the business of producing and distributing biological products. Establishment of this subsidiary to procure biodegradable raw materials and semi-finished products that can replace traditional plastic to support the development of production and distributing biological products, with ADB holding 99.97% shares and expecting to see clarity in 2022

** Catch allies to build on

For the partners that the company wants to cooperate in order to expand the business will be downstream. especially the packaging group due to high growth direction At present, the company is waiting to see the clarity in the legal framework. If it is clear, Bio business is expected to be one of the businesses that drive the business. and create good results for the company

At the same time, the Board of Directors dividend payment approval by paying as ordinary shares, not exceeding 65,999,998 shares, with a par value of 0.50 baht per share, to the shareholders of the Company at the rate of 10 existing ordinary shares per 1 stock dividend, totaling not exceeding 32,999,999 baht or equivalent to a dividend payment rate of 0.05 baht per share in the event that any shareholder has a fraction of the shares calculated in proportion to the allotment of the said stock dividend. The company will pay cash dividends instead of stock dividends at the rate of 0.05000 baht per share.

Including interim dividend payments in the form of stock dividends and cash. at the rate of 0.05556 baht per share, representing the total value 36,669,598.89 baht, of which all dividends will be withheld tax at the rate prescribed by law.