Somboon Advance Technology Public Co., Ltd. Business Report FY ended Dec. 2014

Financial Overview

(in million THB)

	FY ended Dec. 31, 2014	FY ended Dec. 31, 2013	Rate of change (%)	Factors
Overall
Sales	8,084.0	8,973.4	(9.9)	-The sales decline was mainly due to overall automotive industry slowdown resulted from political unrest in Thailand.
Net profit	649.8	966.1	(32.7)	-

Joint Venture Plan

-The Company plans to expand its business overseas by setting up a joint venture with local manufacturers in a country that is a production hub for pickup trucks like Thailand. The Company aims to hold more than a 50% stake in the joint venture with an investment budget of THB 400-500 million.

Market share

(%)

Products	Company	FY ended Dec. 31, 2014	FY ended Dec. 31, 2013
Rear axle shafts	Somboon Advance Technology Public Co., Ltd. (SAT)	80	81
Disc brakes	Somboon Malleable Iron Industrial Co,. Ltd. (SBM)	29	30
Drum brakes	Somboon Malleable Iron Industrial Co,. Ltd. (SBM)	26	27
Coil springs	Bangkok Spring Industrial Co., Ltd. (BSK)	38	37
Stabilizer bars	Bangkok Spring Industrial Co., Ltd. (BSK)	36	36
Leaf springs	Bangkok Spring Industrial Co., Ltd. (BSK)	14	12

Source: Somboon Advance Technology Public Co., Ltd. (SAT)

Technical Assistance

Company	Technical assistance from
Somboon Advance Technology Public Co., Ltd. (SAT)	Ibara Seiki
Somboon Malleable Iron Industrial Co,. Ltd. (SBM)	Ibara Seiki
Bangkok Spring Industrial Co., Ltd. (BSK)	Chuo Spring

Major Companies Invested by Bangkok Spring Industrial Co., Ltd.

Company	Investment ratio (%)	Major products
Yamada Somboon Co., Ltd.	20.00	Engine oil pumps, water pumps and steering columns
Nisshinbo Somboon Automotive Co., Ltd.	2.90	Passenger cars: brake pads Pickups: drum brake system, brake shoes and brake linings Trucks and Buses: brake linings
Somboon Somic Manufacturing Co., Ltd.	1.80	Suspension ball joints, steering linkage, tie rod ends, rack ends and stabilizer links