Opportunity Day November 2011

Supalai Public Company Limited

Opportunity Day November 2011

Supalai Public Company Limited

2

Flood Impact (1)

3

Flood Impact (2)

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Flood Impact (3)

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Flood Impact (4)

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Flood Impact (5)

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Flood Impact (6)

Flood Impact (7)

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For the 9-Month Period Ended (Million Baht) 30Sep11

30Sep10

(Restated) Change

MB. %

Total Revenues 10,376 6,416 3,960 62%

Revenues from Sale on Real Estate 10,106 6,198 3,908 63%

Gross Margin (%) 42% 44% - -

Selling and Administrative Expenses 1,024 616 408 66%

% S&A to Total Revenues 10% 10% - -

Earning before Tax 3,319 2,134 1,185 56%

% EBT to Total Revenues 32% 33% - -

Corporate Tax 1,006 629 376 60%

% Effective Corporate Income Tax Rate 30% 29% - -

Net Profit 2,218 1,447 771 53%

Net Profit Margin (%) 21% 23% - -

Basic Earnings Per Share (Baht) 1.29 0.84 0.45 54%

Consolidated Income Statement

10

(Million Baht)

30Sep11 31Dec10 (Restated)

Change

MB. %

Total Assets 19,488 18,586 902 5%

Loan from Financial Institutions 4,896 4,393 502 11%

- Project Loan 748 253 495 195%

- Debenture 4,139 4,137 2 0%

- Other 9 3 6 208%

Deposits & Advances Received From Customers 1,950 2,166 (216) (10%)

Total Liabilities 8,716 8,962 (246) (3%)

Total Shareholder's Equity 10,772 9,624 1,149 12%

Issued and Paid-up Share Capital 1,717 1,717 - 0%

Consolidated Statement of Financial Position

11

Remark : Net Gearing = (Interest Bearing Debt – Cash) / Equities

30Sep11 31Dec10

Net Gearing (%) 43% 42%

Net BV Per Share (Baht) 6.28 5.61

Interest Coverage Ratio (Times) 34 53

Annualized ROE (%) 27% 28%

Annualized ROA (%) 15% 14%

Financial Ratios (Consolidated)

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Expansion in Provincial Markets

L M H

DH

TH

CD

Chiangmai Khonkaen (Subsidiary)

Bangkok Metropolis

Phuket

Hadyai (Subsidiary) L M H

DH

TH

CD

L M H

DH

TH

CD

L M H

DH

TH

CD

L M H

DH

TH

CD

Remark : DH = Detached House, TH = Townhouse, CD = Condominium, L = Low income, M = Middle income, H = High income

+ 2 Additional Provinces

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5,613 6,216 5,5247,676

9,771 10,3402,158 2,064 3,487

5,128

4,777 4,172

17,000

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

18,000

2006 2007 2008 2009 2010 10M11 2011 (T)

High Rise Low Rise Target

Pre-sales Performance & Target Million Baht

14,548

Remark : Pre-sales shown are value of total pre-sales minus all cancellations

14,512

Supalai Premier @ Asoke

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No. of Units : 653 Project Value : 2,750 MB Launch Date : September 2011

Condominium Launches in Oct11

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Supalai Park Kaerai-Ngamwongwan No. of Units : 709 Project Value : 1,620 MB Starting Price : 41,600 Baht/sq,m.

Supalai Park Ekkamai-Thonglor No. of Units : 676 Project Value : 2,000 MB Starting Price : 51,900 Baht/sq.m.

63% SOLD

16

4,804 5,358 5,9607,285

9,4697,669

2,164 2,1223,341

4,881

4,416

3,78617,000

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

18,000

2006 2007 2008 2009 2010 10M11 2011 (T)

High Rise Low Rise Target

Sales Contract Performance & Target Million Baht

13,885

Remark : Sales contract shown are value of total contracts signed minus all cancellations

11,455

9,36810,529

9,446

2,499

5,926

3,242 3,6712,285

13,000

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

2009 2010 2011 (T) 2011 2012 2013 2014 2015

Revenue Recognized Backlog Revenue Target

17

Revenue & Backlog (The Company Only) Total Backlog = 17,622 Million Baht

Million Baht

Remark : Numbers as of 30Sep11

11,945

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Project Type Project Value Backlog

Remaining Project Value

Units Million Baht Million Baht Million Baht

Condominium - Completed 16,201 35,846 1,363 2,756

Condominium - Under Construction 6,893 22,645 13,536 9,086

Detached House 8,948 31,154 1,965 11,090

Townhouse 4,318 11,438 757 1,088

Grand Total 35,332 101,084 17,622 24,021

Remark : The company has combined finished inventory for detached house and townhouse of 790 MB as at 30Sep11

Ongoing Project Status (30Sep11)

19

Remark : The company has land acquisition budget of 4.5 billion Baht in 2011 (4.2 billion Baht spent in 2010)

Project Type New Project Launch 4Q11

Land Bank for 2012 Onwards as of 31Oct11

# Value # Value

Low Rise - - 20 14,190

High Rise 2 3,620 5 11,340

Total 2 3,620 25 25,530

Project Launch Plan & Land Bank