Somboon Advance Technology Public Co., Ltd. Business Report FY2010
Business Highlights
Financial Overview |
(in million Baht) |
| FY2010 | FY2009 | Rate of change(%) | Factors | |
| Overall | ||||
| Sales | 6,263 | 4,295 |
45.8 |
-Sales increased year-on-year due to the increased orders domestically and internationally. |
| Net profit |
771 | 314 | 145.5 |
-Profit increased year-on-year as a result of the increased sales and cost reduction. |
Business Overview
| Products | Company | *Market share (%) | Model |
| Rear axle shafts |
Somboon Advance Technology Public Co., Ltd. | 85 |
Passenger car Mitsubishi:Triton, 3E45 AAT:BT-50, Ranger, New T6 |
| Coil springs |
Bangkok Spring Industrial Co., Ltd. | 36 |
Passenger car Toyota:Camry Honda:Jazz, City, Accord Nissan:New Teana, March Pickup Truck Toyota:Fortuner, Vigo Mitsubishi:Triton, 3E45 |
|
Leaf springs |
Bangkok Spring Industrial Co., Ltd. | 14 |
Pickup Truck Mitsubishi:Triton |
| Stabilizer bars |
Bangkok Spring Industrial Co., Ltd. | 37 |
Passenger car Mitsubishi:Lancer, Space Wagon Honda:Jazz, City, Accord Toyota:Collora Pickup Truck Mitsubishi:Triton, 3E45 Nissan:Navara |
| Disc brakes |
Somboon Malleable Iron Industrial Co,. Ltd. |
27
|
Passenger car Honda:Jazz, City, Accord, CR-V Mitsubishi:Space Wagon Pickup Truck Mitsubishi:Triton, 3E45 |
| Drum brakes |
Somboon Malleable Iron Industrial Co,. Ltd. |
25 |
Passenger car Pickup Truck Mitsubishi:Triton, 3E45 |
| Exhaust manifolds |
Somboon Malleable Iron Industrial Co,. Ltd. | 17 |
Passenger car Mitsubishi:Lancer Pickup Truck Mitsubishi:Triton, 3E45 AAT:BT-50, Ranger |
*According to the Company
Business Forecast
-Sales forecast for 2011-2013 is 12%-15% on average, based on ~10% growth in Auto Sector and ~15% growth in Non-Auto Sector assumption.
Awards
Somboon Advance Technology Public Co., Ltd.
-In2010, the Company received "Award of Quality Zero Defects" from Mitsubishi Motors (Thailand) Co., Ltd.
Somboon Malleable Iron Industrial Co,. Ltd.
-In 2010, the Company received "Second Winner in QCC Supplier Contest" from Thai NOK.
Investment Activities
Investment in Thailand
International Casting Products Co., Ltd.-In 2010, the Company has decided to construct a new molding plant at Amata City Industrial Estate, Rayong province, which is capable of producing an additional 2,500 tons per month. Investment in this project totaled approximately 1,203 million Baht.
Capital Expenditure (Forecast)
-In 2011: 1,676 million Baht for Auto Sector, 373 million Baht for Non-Auto Sector-In 2012: 315 million Baht for Auto Sector
-In 2013: 24 million Baht for Auto Sector