JUMBO Group Limited · SGX:42R
JUMBO — Investor Presentation (May 2019)
37 slides from JUMBO's investor presentation, May 2019
Slide 1: Corporate Presentation May 2019
CORPORATE PRESENTATION MAY 2019 Corporate Overview Strategies & Growth Plans Financial Highlights
Slide 2: Important Notice
IMPORTANT NOTICE JUMBO GROUP LIMITED CORPORATE PRESENTATION DISCLAIMER This presentation is prepared for information purposes only, without regard to the objectives, financial situation nor needs of any specific person. This presentation does not constitute, or form any part of any offer for sale or
Slide 3: Corporate Overview, Strategies & Growth Plans, Financial Highlights
1. Corporate Overview 2. Strategies & Growth Plans 3. Financial Highlights Corporate Overview Strategies & Growth Plans Financial Highlights
Slide 4: Corporate Overview
C O R P O R AT E O V E RV I E W
Slide 5: About Us
ABOUT US • One of Singapore’s leading multi-dining concept F&B establishments • Owns 6 brands and manages 2 brands • Famous for our Award-Winning Chilli Crab • F&B network covering Singapore, People’s Republic of China, Taiwan, Vietnam, Thailand & Japan • 32 F&B outlets in Asia (including franchisee
Slide 6: 1.8 tonnes of crabs sold each day
1.8 tonnes of crabs sold each day Corporate Overview Strategies & Growth Plans Financial Highlights
Slide 7: 1,200 staff employed in Singapore & China
1,200 staff employed in Singapore & China Corporate Overview Strategies & Growth Plans Financial Highlights
Slide 8: Our Story
O U R S TO RY JUMBO Group began with a single JUMBO Seafood outlet (now our flagship restaurant) in 1987 at the East Coast Seafood Centre in Singapore. Since then, we have expanded and ventured into new markets with new brands under the JUMBO name. Corporate Overview Strategies & Growth Plans Financ
Slide 9: Corporate Milestones
CORPORATE MILESTONES 1987 2008 2013 2017 2018 Flagship JUMBO Establishment Flagship JUMBO First JUMBO First NG AH SIO Seafood Restaurant of JUMBO Seafood Restaurant Seafood Franchise Bak Kut Teh in Singapore Central Kitchen in Shanghai, PRC Opens in Ho Chi Franchise Opens in Minh, Vietnam Taipei, Ta
Slide 10: 8 Brands, 11 Cities, 32 Outlets
8 BRANDS 11 CITIES, 32 OUTLETS JUMBO Seafood NG AH SIO Bak Kut Teh Chao Ting Tsui Wah Singapore: 6 Singapore: 4 Singapore: 1 Singapore: 1* Shanghai: 4 Taipei: 2* Beijing:1 JPOT - Hotpot Singapore Style Xi’an: 1 Chui Huay Lim Teochew Cuisine Singapore: 1 Fuzhou: 1* Singapore: 1 Taichung: 1* Singapore
Slide 11: F&B Network across 11 Cities in Asia
Beijing Osaka Tokyo Xi’an Shanghai Fuzhou Taipei Taichung F&B Network across 11 Cities in Asia Bangkok Ho Chi Minh Singapore Corporate Overview Strategies & Growth Plans Financial Highlights
Slide 12: Our Brands
OUR BRANDS
Slide 13: JUMBO Seafood
JUMBO Seafood is well- known for its Singapore-style seafood cuisine, especially its Award-Winning Chilli Crab. Corporate Overview Strategies & Growth Plans Financial Highlights
Slide 14: NG AH SIO Bak Kut Teh
Founded in 1955, NG AH SIO Bak Kut Teh has served over a million bowls of this heritage dish over the years. The brand is renowned for its savoury, pork- based, peppery Teochew style soup, accompanied by servings of freshly- brewed Kung Fu tea, representing a quintessentially Singaporean meal – simp
Slide 15: Zui Teochew Cuisine
Zui (醉) Teochew Cuisine is our tribute to the timeless culinary heritage of one of Singapore’s founding Chinese dialect groups. Corporate Overview Strategies & Growth Plans Financial Highlights
Slide 16: Chui Huay Lim and Zui Yu Xuan Teochew Cuisine
Our two main dining concepts of Zui (醉) Teochew Cuisine—sister restaurants Chui Huay Lim Teochew Cuisine and Zui Yu Xuan Teochew Cuisine, both located within sites of historic significance—specialise in iconic Teochew classics. Highlights from the menu span from a delicate steamed pomfret to a nuanc
Slide 17: Chao Ting
Chao Ting is a casual quick- service establishment specialising in Teochew ‘Pao Fan’. This classic Chinese dish of perfectly cooked grains of rice served in a bath of flavourful broth is especially loved for the lightness of the soup and the silky yet toothsome texture of the rice. Corporate Overvie
Slide 18: JPOT – Hotpot Singapore Style
JPOT – Hotpot Singapore Style was conceptualised to pay homage to the centuries-old hotpot tradition, while providing a modern twist in its variety of uniquely Singapore-style soup bases such as Chilli Crab, Bak Kut Teh and Fish Head soup. Corporate Overview Strategies & Growth Plans Financial Highl
Slide 19: Tsui Wah
Synonymous with Hong Kong specialties of great quality and value, Tsui Wah (翠華) is one of the biggest and most successful Hong Kong Cha Chaan Teng (港式茶餐廳) chains. The first Tsui Wah outlet in Southeast Asia, Tsui Wah Singapore, is a joint venture between JUMBO Group Ltd and Tsui Wah Holdings Limited
Slide 20: Singapore Seafood Republic
A unique collaboration between four of Singapore’s best-loved seafood dining groups. This restaurant is backed by a history of culinary mastery, making it the place to savour the finest of Singapore’s seafood cuisine encapsulated under one roof. Corporate Overview Strategies & Growth Plans Financial
Slide 21: Strategies & Growth Plans
S T R AT E G I E S & GROWTH PLANS
Slide 22: Sustainable, quality growth objective
To build sustainable, quality growth by leveraging on our strengths, and channeling our limited resources into targeted opportunities to drive profitability. Corporate Overview Strategies & Growth Plans Financial Highlights
Slide 23: Strategic Directions: Organic Growth
STRATEGIC DIRECTIONS ORGANIC GROWTH Local & Overseas Markets Local Market Leveraging on operational success and market knowledge to open new outlets and develop new concepts Overseas Market Leveraging on strong brand equity to expand overseas footprints via self-managed, franchises and/or joint vent
Slide 24: Strategic Directions: Mergers & Acquisitions
STRATEGIC DIRECTIONS MERGERS & ACQUISITIONS Enhance Competitive Edge Food & Beverage Businesses Acquiring brands with high growth potential and committed operators to enhance our current brand mix Non - Food & Beverage Businesses Acquiring businesses to complement or strength our current functional
Slide 25: Strategic Directions: Infrastructure & Capability
STRATEGIC DIRECTIONS INFRASTRUCTURE & CAPABILITY Preparation for the Future Corporate Headquarters Increase efficiency and productivity by housing all strategic functions under one roof Central Kitchen & Logistic Functions Enhance central kitchen and logistic capabilities to support local and overse
Slide 26: 2018 Outlet Openings
2018 OUTLET OPENINGS DATE BRAND LOCATION CITY 28 MAY JUMBO SEAFOOD XI’AN SKP MALL XI’AN 15 JUN TSUI WAH CLARKE QUAY SINGAPORE 26 JUL NG AH SIO BAK KUT TEH SHIN KONG MITSUOKOSHI (XINYI) TAIPEI 27 JUL JUMBO SEAFOOD SHIN KONG MITSUKOSHI (ZHONGGANG) TAICHUNG 1 OCT JUMBO SEAFOOD DONGBAI CENTRE FUZHOU 9 N
Slide 27: 2019 Outlet Openings
2019 OUTLET OPENINGS DATE BRAND LOCATION CITY 8 APR ZUI YU XUAN TEOCHEW CUISINE FAR EAST SQUARE SINGAPORE 8 APR CHAO TING FAR EAST SQUARE SINGAPORE 17 APR JUMBO SEAFOOD JEWEL CHANGI AIRPORT SINGAPORE 28 APR NG AH SIO BAK KUT TEH SHIN KONG MITSUKOSHI (NANXI) TAIPEI Corporate Overview Strategies & Gro
Slide 28: Potential Expansion Plans
POTENTIAL EXPANSION PLANS Singapore 2 new Tsui Wah outlets Shanghai 1 new outlet Beijing 1-2 new outlets Other Chinese cities Joint ventures and/or franchises in Shenzhen, Xiamen, etc Corporate Overview Strategies & Growth Plans Financial Highlights
Slide 29: Potential Franchise Plans
POTENTIAL Taiwan FRANCHISE PLANS 6 – 8 Franchised outlets (Currently 4 Franchised outlets) Thailand Macau 2 - 4 Franchised outlets 1 – 2 Franchised outlets (Currently 1 Franchised outlet) South Korea Vietnam 2 – 4 Franchised outlets 2 – 4 Franchised outlets (1st Franchised JUMBO Seafood restaurant (
Slide 30: Other Revenue Streams
OTHER REVENUE STREAMS RETAIL PACKS CATERING & EVENTS HOME DELIVERY Corporate Overview Strategies & Growth Plans Financial Highlights
Slide 31: Financial Highlights
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Slide 32: Key Financial Information
K E Y F I N A N C I A L I N F O R M AT I O N 180 $’ mil 160 153.0 145.1 140 136.8 122.8 120 112.4 100 80 76.7 60 40 22.0 22.4 18.7 18.6 15.5 18.3 20 11.5 14.5 11.0 11.1 10.6 7.4 0 FY2014 FY2015 FY2016 FY2017 FY2018 HY2019 Net Revenue EBITDA Net Profit Attributable to Owners of the Company Corporate
Slide 33: Income Statement
INCOME STATEMENT Corporate Overview Strategies & Growth Plans Financial Highlights
Slide 34: Balance Sheet (Group)
BALANCE SHEET As at (GROUP) LIABILITIES AND EQUITY 31 Mar 2019 30 Sep 2018 $'000 $'000 As at Current liabilities 31 Mar 2019 30 Sep 2018 Trade and other payables 11,609 13,786 ASSETS $'000 $'000 Provision for reinstatement costs 1,957 2,047 Income tax payable 2,253 2,318 Current assets Total current
Slide 35: Cashflow (Group)
Q2 FY2019 Q2 FY 2018 $'000 $'000 Operating activities Profit before income tax 5,894 5,006 CASHFLOW Adjustments for: Depreciation expense Interest income 1,324 (139) 1,143 (5) (GROUP) Loss on property, plant and equipment written off 102 - Gain on disposal of property, plant and equipment (77) - Rev
Slide 36: Dividends
DIVIDENDS FY2018 FY2017 FY2016 Interim : 0.5 cents 0.5 cents - Final : 0.7 cents 0.5 cents 1.0 cents Special : - 0.7 cents 0.7 cents Total : 1.2 cents 1.7 cents 1.7 cents Approximately 70%-75% of profit attributable to owners of the Company HY2019 INTERIM DIVIDEND 0.5 cents per Share (approx. $3.21m
Slide 37: Thank You
JUMBO GROUP LIMITED THANK YOU This presentation has been prepared by Jumbo Group Limited (the “Company”) and has been reviewed by the Company’s sponsor, United Overseas Bank Limited (the “Sponsor”), for compliance with Rules 226(2)(b) and 753(2) of the Singapore Exchange Securities Trading Limited (