“Buriram Sugar Public Company Limited or BRR” Assess the trend this year to be bright continuously, supporting the whole year 23 The performance has expanded from the past year. ready to goFocusing on business New S Curve stress!!! towards sustainability and care for the environment Hold the biomass pellet fuel project (Wood Pellet) Hot, wanted in Japan. Ready to invest more negotiate with investors and expedite requests for concessions The first phase planted forests. 4 10,000 rai in Lao PDR, producing 100,000 tons. Japan signed a long-term contract. 15 year, began to shovel quarterly revenue 3 This year, recently issued 2 warrants. is BRR-W1 and BRR-W2 To be used as working capital and to support future investment projects Ready to flag a 5-year plan (2023-2027), revenues touching 10 billion baht
Mr. Anant Tangtrongwechakit Chief Executive Officer, Buriram Sugar Public Company Limited or BRR disclosed that the year’s strategic plan 2566 The company has set growth goals.from the potential of every business group It is believed that this year’s performance will continue to expand continuously from last year. and moving forward towards a New S Curve that focus on sustainability and care for the environment like bagasse packaging In addition, the main business has an upward trend. from the demand for sugar in the world market expanding The sugar business trend in 2023, the price is still in a good direction. Currently, sugar prices have increased by 10 percent.% from the same period last year 90% of the total sales volume has already been pre-sold. at a relatively good price When combining various premiums will average more than 20.50 cents per pound In addition, it received a positive factor from the depreciation of the baht. It is expected that this year will be at 33.50-35.50 US dollars because sugar exports account for 80% of the total. Including revenue from bagasse packaging business increased.
Progress of the Wood Pellet Project in the Lao PDR at BRR Has joined with strong alliances such as RATCH Group and allies from Japan to establish a joint company under the name of Siphan Don-Ratch Lao Co., Ltd. with production capacity 100,000 tons per year, the Company has a long-term subscription contract. 15 years from a company in Japan at average prices 170 US dollar
per ton, calculated as revenue 17 million US dollars per year or about 590 million baht. Currently, the construction of the factory and the import of machines are underway. 59% and expects to start recognizing revenue in the quarter 3 year 2566 this according to plan
The packaging business group from bagasse Under the operation of Sugarcane Ecoware Co., Ltd. (SEW) In 2023, it is likely to grow by about 20% over the previous year and is expected to generate income of 250-300 million baht, with an expected proportion of exports of about 90%.
This year, the company has issued 2 warrants which are BRR-W1. no more than 162,419,969 unit to Existing shareholders according to their shareholding proportionShares (which are not allocated to shareholders who would make the company obligated under foreign law) free of charge in the ratio of 5. Continued stock 1 warrant unit and determine the exercise price of the warrants at 7.50 Baht per share Term of Warrants 6 months, the first exercise date is April 28, 2023 and the last exercise date is August 11, 2023 for BRR-W1 The company’s objective is to support investment. and used as working capital to support the production and distribution of sugar that increased both in terms of price and quantity sold
and BRR-W2 no more than 81,209,984 Units offered to existing shareholders in proportion to their shareholding. (which is not allocated toshareholders who will make the company liable under foreign laws) free of charge in the ratio 10 Continued stock 1 warrant unit and determine the exercise price of the warrants at 13.00 Baht per share Term of Warrants 3 year The first exercise date is June 30, 2023 and the last exercise date is February 13, 2026 for BRR-W2 The Company’s objective is to expand businesses related to the Company’s existing businesses in the future, such as packaging business from bagasse and Wood Pellet which the issuance BRR-W2 will be in line with the company’s investment plan during 3 In the next year, the investment plan is 510 million baht. The company is confident that it will be able to push the business forward towards the revenue target. 10,000 million baht in 5 next year
As for joining hands as an alliance with Jay Mart Public Company Limited or JMART to release credit At present, a credit limit of 300 million baht has been given to promote sugarcane planting (cane dumplings). and within this March Will expand oil cabinets to 100 cabinets around the area promoting sugarcane cultivation in the province.Buriram also has a car registration loan. Including other products and services such as insurance, etc., through farmers in the network of more than 20,000 households and about 2,500 trucks ready to be used for pawning loans, including pulling Singer stores to open in surrounding communities. factory and sugarcane plantation promotion areas within.Buriram is expected to continue to expand to nearby provinces. which will help create jobs and careers for the community, so what BRR In addition to the margin from the management fee When farmers in the network have low-cost capital Farmers will develop and improve production. Resulting in higher quality sugarcane production and can be delivered to the factories. It’s a by-product that will follow. which will be another positive story that will support the sustainable growth of BRR in the long run
by BRR There is a growth plan in the next 5 years (2023-2027). The company sets a target of revenue of 10,000 million baht. Currently, Buriram Sugar Group has knowledge in various fields. and to reduce risks in the sugar business The company has diversified into the development of packaging business. and biomass pellet fuel business which will increase revenue BRR grow sustainably and reduce the swing risk of the sugar business, which is a commodity in the world market BRR Will focus on doing business to save the world and continue to expand the carbon credit business