Tipco Asphalt Public Company Limited

Overview

Tipco Asphalt Public Company Limited (Tipco) is a manufacturer and distributor of asphalt products. The company’s portfolio of products includes asphalt cement, asphalt emulsion, modified asphalt emulsion, cutback asphalt, premium grade asphalt, premix asphalt emulsion, joint primer, jet fuel resistant joint sealant, and binder for tropical bridge jointing system. The company sells non-asphalt products such as naphtha, gas oil and fuel oil. These products are used in the construction of buildings and maintenance of roads, highways and airport runways, and paving industries. Tipco has manufacturing facilities in Nakhon Ratchasima, Phitsanulok, Bangkok, Suratthani and Rayong. It sells its products to domestic and international customers through a fleet of road tanker trucks and asphalt tankers. Tipco is headquartered in Bangkok, Thailand.
Key Stats
Address
Floor 24, Tipco Tower, 118/1 Rama 6 Road, Samsen Nai, BANGKOK, Thailand
Headquarters

Thailand

Contact

66 22 736000

No of Employees

1,711

Industry

Construction

Ticker Symbol & Exchange​

TASCO [BAK]

Revenue (2020)

$837 m

-29.7% (2020 vs 2019)
Net Income (2020)

$115 m

14.1% (2020 vs 2019)
Net Profit Margin

14 %

62.1% (2020 vs 2019)
Market Cap *

$875 m

EPS *

$0.1

  *Note: Ratios based on the share price as of 8-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters Tipco Asphalt Public Company LimitedThe Siam Cement Public Co LtdThai Oil Public Co LtdIRPC Public Co Ltd
Key Information
Headquarters Thailand Thailand Thailand Thailand
Headquarter City BANGKOK BANGKOK BANGKOK BANGKOK
Headquarter State/Province - - - -
No. of Employees 1,711 49,754 641 5,452
Entity Type Public Public Public Public

Products & Services

Tipco is an asphalt manufacturer. Key products offered by the company include:

Products
  • Asphalt Cement
  • Cutback Asphalt
  • Asphalt Emulsion
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
Chaiwat Srivalwat Chief Executive Officer; Director Executive Board 2019 59 Mr. Chaiwat Srivalwat has been the Chief Executive Officer and a Director of the company since 2019. Prior to this,...
Koh Lai Huat Chief Financial Officer Senior Management 2014 60 Mr. Koh Lai Huat has been the Chief Financial Officer of the company since 2014. Prior to this, he served...
Laksana Supsakorn Chairman Non Executive Board 2013 67 Ms. Laksana Supsakorn has been the Chairman of the company since 2018. She serves as the Chairman of Tipco Foods...
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History

Year Event Description
2016 Acquisitions/Mergers/Takeovers The company announced plans to acquire remaining 20.56% stake in Raycol Asphalt Co., Ltd.
2015 Acquisitions/Mergers/Takeovers Tipco acquired eight companies in Thailand, Vietnam, Indonesia, and Singapore from Colas S.A., for a…
2015 Acquisitions/Mergers/Takeovers The company acquired Japanese build asphalt/bitumen tanker of 1,600 dwt which serves Thai and Cambodian…
2014 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam
2011 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam
2008 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam

Locations


AD Shipping Pte / AB1 Shipping Pte Ltd.

Address

300 Beach Road, #26-07 The Concourse, Singapour
Singapore

Telephone

65 6224 9808

Kemaman Oil Corporation Sdn Bhd

Address

A-06-3A, Empire Tower, Empire Subang Jalan SS16/1, Subang Jaya Selangor
Malaysia

Telephone

60 3 56350998

Alpha Maritime Co., Ltd.

Address

118/1 Rama VI Rd., Samsen Nai, Phayathai
Thailand

Telephone

66 22736000

Delta Shipping Co., Ltd.

Address

118/1 Rama VI Rd, Samsen Nai, Phayathai
Thailand

Telephone

66 22736000

Raycol Asphalt Co., Ltd.

Address

118/1 Rama VI Rd., Samsen Nai, Phayathai
Thailand

Telephone

66 22736000

Asphalt Distribution Co., Ltd

Address

Floor 8, Building 2A, Pham Su Manh Street, Hoan Kiem District
Vietnam

Telephone

84 439 341 048

Tipco Asphalt (Cambodia) Co., Ltd.

Address

No. 67, St. 322, Sangkat Boeung Keng Kang I, Khan Chamkamon, Phnom Penh
Cambodia

Telephone

855 23 997991

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target
12 May 2016 Tipco Asphalt to Acquire Remaining 20.56% Stake in Raycol Asphalt Acquisition Tipco Asphalt Public Company Limited Raycol Asphalt Co., Ltd.
07 Dec 2015 Tipco Asphalt to Acquire Five Companies from Colas Asset Transaction Tipco Asphalt Public Company Limited Colas SA

Jobs Overview

15

Active Jobs

8

Posted

2

Closed

Job Trends

Latest Jobs

Job title Company Country
Supervisor -Technical Service (China) (1 position) Tipco Asphalt Public Company Limited China
Team Lead - Subbase (1 position) Tipco Asphalt Public Company Limited India
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Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar