“JD Food Public Company Limited” or JDF, an expert in the seasoning and processed food industry Which produces and sells products both domestically and internationally for more than 20 years, knocking on the IPO selling price of 150 million shares at a price of 2.60 baht per share, expecting to receive money from fundraising about 390 million baht. Subscription is scheduled for 29 – 31 March. This is ready to trade in the SET 7 Apr 65 with “Globlex Securities” as the offering manager, along with 5 leading brokers “Capital One Partners” as financial advisors. Strong business fundamentals of JDF Focus on modern food innovations Outstanding growth in line with global food industry trends It is a new stock to watch as a growth stock coupled with a dividend stock.
Mr. Kittiphan Phusanawan, Senior Managing Director Globlex Securities Company Limited, as the underwriter and underwriter of the IPO of JD Food Public Company Limited (JDF), revealed that JDF IPO price of 150 million shares at a price of 2.60 baht / share, open for subscription on 29 – 31 March 2022 and is expected to be listed on the Stock Exchange of Thailand (SET) on April 7, 2022 in the agricultural and industrial category. food / food and beverage in the securities abbreviation “JDF”
The price of ordinary shares offered for sale is 2.60 baht per share, which is a reasonable price level. The price-to-earnings ratio (P/E) is 25.78 times based on the latest earnings per share calculation from the results of the last four quarters (from January 1, 2021 to December 31, 2021). appoint Globlex Securities Co., Ltd. is the underwriter and underwriter. with 5 other underwriters and underwriters namely KTBST Securities Company Limited, Pi Securities Public Company Limited, Finansia Syrus Securities Public Company Limited, Nomu Securities Company Ra Pattanasin Public Company Limited and ASL Securities Company Limited
Ms. Rattana Ieaprasertsak Chief Executive Officer JD Food Public Company Limited or JDF spoke about the purpose of using the proceeds from this offering. to invest in research and development, including machinery for new products with high growth rates Expanding market channels to foreign countries both CLMV countries, Southern China and India and invest in technology and semi-automatic systems to increase efficiency and expand production capacity develop a system for linking information to support the expansion of production capacity and increasing sales as well as for repaying loans to financial institutions by the period of use of the money in the years 2022-2024
The company lays out a strategy to be a leader in condiments and processed food production, focusing on research and development as the key to creating a sustainable food innovation ecosystem. to grow on a global scale In the past year, the company has invested in building a new factory on an area of more than 33 rai in Samut Sakhon province. Increase the production capacity of seasonings by more than 75% from the production capacity of the original factory.
For this listing in the SET, JDF is encouraged to increase its competitiveness. and readiness for growth With future product development plans, the company continues to focus on research and development of new food products for the healthy food market with high growth rates. To accommodate the needs of consumers in the present and in the future who pay more attention to healthy food such as the development of healthy snack products, protein or crispy fruits and vegetables. and products made from plants (Plant-Based) The company expects the research and development of the above new products will generate commercial income since 2023 and the company aims to be a stock that grows together with a return to investors.
Mr. Ekjak Buahapakdi, Managing Director of Capital One Partner Co., Ltd., as a financial advisor, said that the attractiveness of JDF, a new food innovation stock with its strengths in experience and expertise in the condiments market, for a long time He is behind the development of products for customers in the food industry and many big restaurants. A product development process that makes a product unique. Can help customers to develop or modify recipes to meet their needs. More than 2,000 flavors have been developed for more than 300 customers, as well as products under JDF’s own brand. In addition, in the past year, JDF has a new factory with international quality standards. able to increase production capacity and support growth opportunities in the New Normal era to become a leader in the condiment and food processing industry at the national level, which is widely recognized around the world Listing in the Stock Exchange of Thailand this time This is a support to increase competitiveness in order to better respond to the needs of customers and consumers. The company plans to expand its business to foreign countries and invest in more technology systems and machines. to accommodate future growth opportunities
Overall operating results in 2021 have revenue from sales and services of 576.92 million baht, net profit of 45.39 million baht, gross profit margin of 29.49%, net profit ratio of 7.75%, after being listed on the Stock Exchange of Thailand. will significantly increase the opportunity for growth To be a leader in the seasoning and processed food industry with superior strengths in food innovation and product development.
