Page 7 - One Report Thai Final_ENG_2021

Tycoons Worldwide Group (Thailand) Plc.

1.2 Nature of the business

1.2.1 Revenue structure

Product 2021 2020 2019
MB % MB % MB %

Domestic Sales
1. Wire rod (including reinforcing bar) 4,826 53.27 3,804 63.54 4,244 44.38
2. Annealed wire 388 4.28 126 2.10 83 0.87
3. Fastener 85 0.94 18 0.30 22 0.23
4. Others 97 1.07 481 8.03 2,547 26.64
Total domestic Sales 5,396 59.56 4,429 73.98 6,896 72.12

International Sales
1. Wire rod (including reinforcing bar) 247 2.73 11 0.18 99 1.04
2. Annealed wire 1,192 13.16 450 7.52 816 8.53
3. Fastener 1,440 15.89 986 16.47 1,589 16.62
4. Others 785 8.66 111 1.85 162 1.69
Total International Sales 3,664 40.44 1,558 26.02 2,666 27.88
Total Sale 9,060 100.00 5,987 100.00 9,562 100.00

Based on the figures above, domestic sales generally accounted for a greater
proportion of TYCN’s total sales than international sales over period from 2019 through
2021, Wire rod comprised the largest proportion of sales in 2021, accounting for about
56%.

The primary markets for screw in 2021 were the America, Poland and Korea. The
primary market for annealing wire in 2021 was Taiwan. The primary markets for bolt were
European countries market.

1.2.2 Products information

(1) Products
1. Wire Rods

1.1 Wire Rods in Coil:
Wire rods in coil, with outer diameter 1250mm and inner diameter 850mm,
are made of billets through the process of hot rolling to bars (diameter from
5.5mm to16mm), coiling and strapping.

1.2 Bars in Coil:
Bars in coil, also named as BIC, with outer diameter 1400mm and inner
diameter 1100mm, are made of billets through the process of hot rolling
to bars (diameter from 17mm to 42mm), coiling and strapping.
The company produces low-carbon wire rods in accordance with TISI
no.348- 2540, while produces high-carbon wire rods in accordance
with TISI no.349-2548.

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