Slide 1: Paradise Entertainment Limited (1180.HK) Annual Results 2016
Paradise Entertainment Limited 匯彩控股有限公司 (1180.HK) Annual Results for the year ended 31 December 2016 29 March 2017
Slide 2: 2016 Results Highlights
2016 Results Highlights Group revenue increased to HK$1,163.3 million (+6.5% yoy) Gaming system revenue recorded HK$336.9 million (increased by HK$135.9 million or +67.6% yoy) mainly due to strong demand from the Macau flagship casinos opening and additional deployment in various casinos Casin
Slide 3: At A Glance
At A Glance Revenue (HK$m) Net Cash (HK$m) 279.0 1,163.3 1,092.1 336.9 156.6 201.0 (29%) (18%) 891.1 (82%) 826.4 2015 2016 (71%) Segment Adj. EBITDA (HK$m) 97.5 69.6 177.7 105.1 -26.5 -27.1 -9.0 -53.1 2015 2016 2015 2016 Casino service Gaming system Casino service Gaming system Unallocated corporate
Slide 4: 2016 Results Analysis
2016 Results Analysis 2015 2016 HK$m HK$m Remarks Revenue 1,092.1 1,163.3 Casino service 891.1 826.4 Mainly due to decline in GGR from casinos under management Strong LMGs demand from casinos opening and mass gaming floor Gaming system 201.0 336.9 expansion in various casinos Gross profit 412.9 453.
Slide 5: Segment Analysis – Casino Service
Segment Analysis – Casino Service Casino Kam Pek Paradise Casino Waldo 5
Slide 6: Casino Service – GGR Analysis
Casino Service – GGR Analysis GGR Summary for Casinos under management 2015 2016 (HK$m) (HK$m) Kam Pek Paradise 1,360.9 1,237.2 Waldo 463.6 484.0 Macau Jockey Club* 37.3 36.0 Lisboa LMG Zone** 21.6 - Total 1,883.4 1,757.2 No. of traditional gaming tables 64 63 No. of LMG tables 17 18 No. of mass gam
Slide 7: Casino Service – GGR Analysis
Casino Service – GGR Analysis Kam Pek Paradise GGR (HK$m) Waldo GGR (HK$m) 600.0 1,500.0 1,360.9 484.0 75.6 1,237.2 463.6 6.3 70.7 3.8 64.1 95.1 1,000.0 528.8 400.0 511.8 500.0 200.0 395.7 382.6 756.5 654.7 0.0 0.0 2015 2016 2015 2016 Traditional gaming tables LMG terminals Slot machines Traditional
Slide 8: Segment Analysis – Gaming System
Segment Analysis – Gaming System LMG terminals deployed in Star World Macau LMG terminals deployed in Las Vegas Venetian Virtual Horse Racing Game shown in MGS 2016 8
Slide 9: Gaming System – Operating Performance
Gaming System – Operating Performance 2015 2016 Revenue from Sales of machines (HK$m) 53.1 185.7 Deployment in Macau market (Units) 212 893 Deployment in overseas market (Units) 24 98 Revenue Sharing from LMG Terminals (HK$m) 147.9 151.2 No. of LMG terminals (Units) 1,777 1,680 Net win/terminal/day
Slide 10: Gaming System – Deployment of Machines
Gaming System – Deployment of Machines Accumulative overall LMG deployment Machine sold units in 2016 2015 2016 No. of units 4,022 4,916 Wynn Palace The Parisian Macau Galaxy Machine sold New Star World units +991 Fisherman's Wharf 1777 1680 Holiday Inn Recurring 2245 3236 Macau market 893 revenue u
Slide 11: Outlook - Pronged growth strategies
Outlook - Pronged growth strategies A diverse product portfolio Over 100 Fast Betting Terminals deployed at Parisian Macau and expecting new business model New products roll-out at MGS Entertainment Show 2016, including Power Dragon, Advance Multi Game Virtual Sports, Virtual Horse Racing Fast
Slide 12: Outlook - Pronged growth strategies
Outlook - Pronged growth strategies Seek for potential opportunities in Macau Evaluate every opportunity to increase our market share in terms of casino management and gaming machines deployment Leaner casino cost structure Streamlining cost across casinos Growing overseas market contribut
Slide 13: Contact Information
Contact Information Hong Kong Office Corporate Strategy & Investor Relations Unit C, 19/F., Entertainment Building, Bryan Wu, Investor Relations Manager 30 Queen’s Road Central, Hong Kong SAR bryanwu@hk1180.com Tel: (852) 2620 5303 (852) 2916 0817 / 9168 6118 Fax: (852) 2620 6000 (853) 6332 5228 Mac
Slide 14: Disclaimer
Disclaimer This presentation has been prepared for general information purposes, and is not, and should not be construed as an offer to see, or a solicitation of an offer to buy any securities. Information contained and opinions expressed herein have been complied in good faith by Paradise Entertain