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Tycoons Worldwide Group (Thailand) Plc.
Home Page: http://www.tycons.com
1.2 Nature of the business
1.2.1 Revenue structure
Product 2024 2023 2022
MB % MB % MB %
Domestic Sales
1. Wire rod (including reinforcing bar) 1,632 38.42 2,805 50.31 5,594 59.74
2. Annealed wire 198 4.66 220 3.95 389 4.15
3. PC strand 105 2.47 - - - -
4. Fastener 53 1.25 66 1.18 97 1.04
5. Others 245 5.77 2 0.04 0 0
Total domestic Sales 2,233 52.57 3,093 55.48 6,080 64.93
International Sales
1. Wire rod (including reinforcing bar) - - 3 0.05 380 4.06
2. Annealed wire 240 5.65 264 4.74 801 8.55
3. PC strand 10 0.23 - - - -
4. Fastener 1,764 41.53 2,156 38.67 2,076 22.17
5. Others 1 0.02 59 1.06 27 0.29
Total International Sales 2,015 47.43 2,482 44.52 3,284 35.07
Total Sale 4,248 100.00 5,575 100.00 9,364 100.00
Based on the figures above, domestic sales generally accounted for a greater proportion
of TYCN’s total sales than international sales over period from 2022 through 2024, Wire rod
(including reinforcing bar) comprised the largest proportion of domestic sales. While annealing
wire and fastener are from international sales. The fastener products accounted for the largest share
of sales in 2024, accounting for approximately 42.78 percent.
The primary markets for screw in 2024 were the America and European countries market.
The primary market for annealing wire in 2024 was Thailand and Asian coutries market. The primary
markets for bolt were European countries market.
1.2.2 Products information
Products
1) Wire Rods
- 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.
- 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.
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