BUSINESS - PT. Ricky Putra Globalindo

BUSINESS PT RICKY PUTRA GLOBALINDO TBK

UPDATE

PT RICKY PUTRA GLOBALINDO TBK

RICKY GROUP

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Business Update 1H22

DISCLAIMER

The materials in this presentation have been prepared by PT Ricky Putra Globalindo, Tbk. (RICY) and are general background information about Ricky Group business performances current as at the date of this presentation and are subject to change without prior notice.

This information is given in summary form and does not purport to be complete. Information in this presentation, including forecast financial information, should not to be considered as advice or a recommendation to investors or potential investors in relation to holding, purchasing or selling securities or other financial products or instruments and does not take into account their particular investment objectives, financial situation or needs. Before acting on any information, readers should seek independent financial advice.

This presentation may contain forward looking statements including statements regarding our intent, belief or current expectations with respect to RICY business and operations, market conditions, results of operation and financial condition, capital adequacy, specific provisions and risk management practices. Readers are cautioned not to place undue reliance on these forward looking statements; past performance is not a reliable indication of future performance. RICY does not undertake any obligation to publicly release the result of any revisions to these forward looking statements to reflect events or circumstances after the date hereof to reflect the occurrence off unanticipated events.

We disclaim any responsibility or liability whatsoever arising which many be brought or suffered by any persons as a result of acting in reliance upon the whole or any part of the contents of this report and neither RICY and/or its affiliated companies and/or their respective employees and/or agents accepts liability for any errors, omissions, negligent or otherwise, in this report an inaccuracy herein or omission here from which might otherwise arise.

2 RICKY GROUP | Presentation

■ C OMP AN Y OV ER V I EW

■ BUS I N E S S ASSE S S M EN T

■ F IN AN C I A L P ER F OR MA N C E

■ AP P EN D IC E S

■ C ON TAC T US

Table of Contents

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1 COMPANY OVERVIEW

The Company was founded in 1987, now one of the leading fashion and garment companies in Indonesia.

The Company's business portfolio includes the textile and garment sectors. With its business portfolio, the Company is able to provide complementary products and services for both domestic and international customers, and enables the Company to take advantage of growth opportunities in various clothing sectors in Indonesia.

Company in histories

ABOUT US


Continue to be the leading underwear and apparel company in Indonesia.

VISION Prepare and distribute quality products to all corners of the country to serve the needs of the people and grow together with our country.

MISSION

OUR VISION AND MISSION


New factory operational at Citeureup - Bogor with annual capacity of 3 million dozens

1989

PT Ricky Putra Garmindo was established

1987 The Company formally change its

name to PT Ricky Putra Globalindo

1996

Established subsidiaries in Palembang, Semarang and Bandung

1997

PT Ricky Putra Globalindo became a public enterprise

1998

Additional capital on June 1999 through Limited Rights Issues (PUT) I

1999

A long history of growth and successes

MILESTONES


Acquired two textile spinning miles in Cicalengka - Bandung

2005

Additional Capital on June 2004 through Limited Right Issues (PUT) II

2004 Established a trading division in

Pontianak

2006

Set up dyeing factory at Cibodas - Tangerang

2012

Joint ventures with Japanese Partners

2013

Producing masks and PPE with the appropriate quality stipulated by the WHO

2020 - PRESENT

Our company is growing rapidly from year to year with a strong fundamental and continuous expansion

MILESTONES


TEXTILE GARMENT DISTRIBUTION SOCKS OTHERS

Vertically integrated textile and garment company

CURRENT BUSINESS STRUCTURE

› SPINNING DIVISION (CICALENGKA -BANDUNG)

DYEING :

› PT RICKY TEKSTIL

INDONESIA (CIBODAS -TANGERANG)

› KNITTING DIVISON (BANDUNG) & GARMENT (CITEUREUP - BOGOR)

EXPORT :

› PT RICKY GARMENT EXPORTINDO

› PT RICKY SPORTINDO

› PT RT MAHKOTA GLOBALINDO

› PT JASA RICKY ABADI

› PT RICKY JAYA SAKTI

› PT RICKY MUSI WIJAYA

› PT RICKY MUMBUL DAYA

› PT RICKY ARTA JAYA

› PT RICKY HANSEN CEMERLANG

› RICKY PUTRA GLOBALINDO VIETNAM LTD

› PT RICKY GUNZE ACCESSORIES :

› PT RICKY KOBAYASHI

SHRIMP FARMS :

› PT RICKY CITRA RASA


PT Ricky Putra Globalindo, Tbk

Jl. Raya Bandung – Garut km 28 Panenjoan – Cicalengka, Bandung 40395 Jawa Barat - Indonesia

SPINNING & KNITTING

PT Ricky Tekstil Indonesia Jl. Kalisabi No.2 Uwung Jaya, Cibodas Tangerang - Banten Indonesia

DYEING

PT Ricky Putra Globalindo, Tbk

Jl. Industri No. 54 Tarikolot – Citeureup, Bogor Jawa Barat - Indonesia

GARMENT

Production facilities situated in a region with heavy focus on garment and close proximity to low-cost and skilled workforce

PRODUCTION FACILITIES


We operate an extensive nationwide distribution network both in Java and to other regions

OPERATION LOCATIONS

INTERNATIONAL MARKET

RICY’s Headquarters

Subsidiaries

Branch Office

Selling Agent



Superbrands Indonesia’s Choice 2021 : Male Underwear

Top Brand Award 2022 : Men’s Underwear (GT Man)

Superbrands 2021 : Male Underwear

Top Brand Award 2020 : Men’s Undershirt (GT Man)

We received numerous recognitions from various 3rd-party agencies annually as result of our strong brand equity, notable product-quality, and best-in-class fashion and apparel company in Indonesia.

AWARDS AND ACHIEVEMENTS

High customer loyalty

Top Brand Award 2021 : Male Undershirt

Top Brand Award 2022 : Men’s Undershirt (GT Man)

51,96% PUBLIC

19,48%

PT RICKY UTAMA RAYA 15,46%

(as of 30 June 2022)

641.717.410 shares Issued and paid-up capital The Company’s stock has been listed on the Indonesia Stock

Exchange (IDX) since 22 January 1998 with ticker code RICY

13,10% DENZIN INTERNATIONAL LTD

SPANOLA HOLDINGS LTD

Source : Share Registar PT Raya Saham Registra

As of 30 June 2022

COMPOSITION OF SHAREHOLDERS


SUBANDI SIHMAN

Independent Commissioner

Senior management team with an average of over 20 years of experience led by President Director, Paulus Gunawan

ORGANIZATIONAL STRUCTURE

ANDRIAN GUNAWAN

President Commissioner

VIKTOR R. FRANZISKUS

Commissioner

TIRTA HERU CITRA

Finance Director

IWAN

Operational Director

PAULUS GUNAWAN

President Director

CHARLIE NAWAWI

Marketing Director


Online Store

MARKETPLACE COLLABORATION


2 BUSINESS

ASSESSMENT

#1 Market share in Indonesia Our brand has 42,7% market share nationwide* for men’s underwear category, awarded every year since 2010 by Top Brands, Superbrands, and IBBA.

With subsidiaries and agents spread in 41 major cities in Indonesia, and all distribution channel types (offline and online market).

With the disruptions of international and domestic textile supply chain, it’s important to be flexible to be able to accept many products and garment articles.

Integrated manufacturing facility allowing us to produce all types of products

Largest distribution network in Indonesia

Our Competitive advantage

WHY CHOOSING US ?


Temperature Screening Self-assessment, temperature check and PeduliLindungi App scan prior to entering facilities.

Wearing Masks Require to wear provided KN95/KN94/N95 or double masks, and to change every 4 hours.

Washing Hands We place more hand washing hand and sanitizing facilities.

Sanitizing We place sanitizing chamber in compound entrance and do sanitize all compound periodically.

Physical Distancing We keep reminders of distancing by posters, verbal announcements, etc.

Vaccination Committed to fully vaccinate all direct and indirect employees (for employees who eligible to receive vaccination).

We have implemented strict health and hygiene protocols inline or exceeding the Government regulations and standards

RICY HIGHLIGHTS DURING COVID-19 SITUATION

Our commitment to safety :


3 FINANCIAL

PERFORMANCE

Confidence remains, recovery continues despite inflation

FINANCIAL HIGHLIGHTS


2018 2019 2020 2021 2022

2,10 T 2,15 T

1,28 T 1,37 T

612 B

Annual

June 2022

This year 2022 has shown recovery in many aspects and industry fundamentals remain strong in term of country and the market operate in. there is optimism with some caution going forward. As cost have been controlled, profit margin development remains strong.

NET SALES

Notes

Figures on all table and graphs are presented in Rupiah and use Indonesia notation, unless otherwise stated.

Composition of sales based on products

SALES BREAKDOWN

1H 2022

The Company recorded the net sales of IDR 612 billion, which was still 15% below IDR 720 million in 1H2021.

1H 2021

The Company recorded the net sales of IDR 720 billion, 36% higher than in 1H2020.

Underwear

Fashion Wear

Fabric

Spinning

Service Dip & Others

Underwear

Fashion Wear

Fabric

Spinning

Service Dip & Others

33%

30%

4%

30%

3%

28%

4%

2%

41%

25%


Resulting in 1st Half 2022 EBITDA of IDR 44 billion vs. 43 billion in 1st Half 2021

CONSOLIDATED STATEMENTS OF PROFIT OR LOSS

Net sales in 1H22 and 1H21 are shown in table below :

Description Audited Unaudited

(in Rp) 2021 2020 1H22 1H21

Net Sales Net Sales 1.375.931.426.011 1.286.059.282.439 612.934.480.174 720.505.667.369

Gross Profit Gross Profit 198.158.315.147 200.337.836.603 117.075.762.390 110.598.659.873

Profit/Loss Net Income (66.098.078.641) (77.578.476.383) (8.130.979.340) (26.641.800.005)

EBITDA 81.923.275.736 79.299.826.456 44.671.634.779 43.485.344.523

The net loss in 1H2022 was due to unrealized foreign exchange losses on bank loans in USD.

Source : Company’s Audited & Management Financial Statements


YTD sales of IDR 612 billion and gross profit margin of 19%

CONSOLIDATED STATEMENTS OF FINANCIAL POSITION

Description Audited Unaudited

(in Rp) 2021 2020 1H22 1H21

Current Assets 1.437.105.604.640 1.449.567.170.329 1.470.622.645.062 1.484.768.165.738

Non-Current Assets 257.208.362.913 287.329.998.732 242.227.706.277 270.063.249.172

Total Assets 1.694.313.967.553 1.736.897.169.061 1.712.850.351.339 1.754.831.414.910

Short –Term Liabilities 533.524.048.039 1.086.614.763.328 1.053.259.056.376 1.137.042.745.481

Long-Term Liabilities 857.282.703.829 277.312.113.375 364.215.058.618 271.459.887.741

Equity 303.507.215.685 372.970.292.357 295.376.236.345 346.328.781.688

Total Liabilities and Equity 1.694.313.967.553 1.736.897.169.061 1.712.850.351.339 1.754.831.414.910



FINANCIAL RATIO

Financial Ratio Audited Unaudited

2021 2020 1H22 1H21

Gross Profit Margin (%) 14% 16% 19% 15%

Current ratio (X) 2,69 1,33 1,39 1,30

Debt Equity Ratio (X) 4,58 3,65 5 4

Return on Assets (%) (4%) (4%) (0.47%) (2%)

Earnings per Share (Rp) (103,24) (119,97) (11,66) (40,43)

Issued Shares 641.717.510 641.717.510 641.717.510 641.717.510

Net Working Capital (Rp) 903.581.556.601 362.952.407.001 417.363.588.686 347.725.420.257

Financial ratio in 1H22 and 1H21 are shown in table below :

1st Half 22 gross margin was at 19% vs. 15% in 1st Half 21



GT Man

NEW PRODUCTS LAUNCHED


GT Ladies



GT Man Socks



GT Man Business Expert



GT Tee



Homewear



Non medical mask

COVID-19 PRODUCTS


FOLLOW US :

PT RICKY PUTRA GLOBALINDO TBK

THANK YOU For Listening We’ll Be Taking Questions Now

©2022 | PT RICKY PUTRA GLOBALINDO TBK

Address Jl. Sawah Lio II No. 29-37, Jembatan V, Tambora Jakarta Barat 11250, Indonesia

Phone (021) 6342330 / (021) 8751052

E-mail [email protected] / agnes.corsec.rpg.co.id

Website www.rpg.co.id

Fax (021) 6338642

FOR FURTHER INFORMATION PLEASE CONTACT :

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BUSINESS - PT. Ricky Putra Globalindo

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