Top Glove Corporation Bhd Corporate presentation

The World’s Largest Rubber Glove Manufacturer Top Glove Corporation Bhd Corporate presentation Top Glove, Top Quality, Top Efficiency, Good Health, Safety First, Be Honest Presented by : CG Lim Prepared by: See SF Date: 27 March 2013 Bursa Malaysia 7113 Reuters TPGC.KL Bloomberg TOPG MK ADR CUSIP 890534100 At a glance • Commenced operations in 1991. Listed in 2001 • Comprehensive product range with 13 major types of rubber gloves • 80% of production for health care sector and 20% for non-health care sector • Produce 76% natural rubber glove and 24% synthetic rubber glove • Target balance capacity mix of natural rubber and synthetic rubber glove 2QFY13 product mix by volume Powder free latex 22% Nitrile Powdered 17% latex Vinyl 52% 7% Surgical 2% Page 2 / 22 Strong growth momentum Estimate Global annual demand: Approx. 165 bil pcs p.a for year 2013 180 160 140 120 100 80 60 40 20 45 40 35 30 25 20 15 10 5 Top Glove exponential growth in capacity (CAGR : 28%) 4041.9 35.25 31.5 28.2 22 As at April’13 15 1.4 2.4 3.2 5.1 7.2 9 0 `99 `01 `03 `05 `07 `09 `11 `13 0 `99 `00 `01 `02 `03 `04 `05 `06 `07 `08 `09 `10 `11 `12 13 Year Year Expansion in global market share 25% Current market share Target market share by Dec 2015 Page 3 / 22 Global rubber glove usage (by region, 2000 – 2009) • USA and EU27 with only 11% of world population consumed 68% of global glove usage. • Other regions with 89% of world population consumed only 32% of % global glove usage. % of global glove usage in 2009 % of world population in 2009 EU27 USA Asia Ex Japan Latin America Japan 68% 11% 32% 89% * Source from Malaysian Rubber Export Promotion Council and Company Page 4 / 22 Geographically diversified • Exports to 185 countries with 2QFY13 revenue by geography more than 1,800 customers • Geographically diversified and no single biggest customer constitutes more than 4% of revenue • Customers are mainly distributors in the respective countries • Preferred OEM manufacturer Middle East 5% Asia 11% Latin America 20% Rest of the World 3% Europe 34% North America 27% Page 5 / 22 ... - tailieumienphi.vn