Paramount Corp. Bhd. · MYX:PARAMON
Paramount Corp. Bhd — Q2 2017 Earnings Presentation
24 slides from Paramount Corp. Bhd's earnings presentation, Aug 16, 2017
Slide 1: Unaudited 6M2017 Results
Unaudited 6M2017 Results 16 August 2017 1
Slide 2: 2Q2017 Results
PARAMOUNT 2Q2017 Results
Slide 3: 2Q2017 vs 2Q2016 Financial Results
2Q2017 vs 2Q2016 Financial Results 2Q2017 2Q2016 +/- % Revenue RM'Mil 184.6 145.3 39.3 27% Profit before tax RM'Mil 24.7 32.9 (8.2) -25% EBITDA RM'Mil 34.8 39.5 (4.7) -12% Profit net of tax RM'Mil 17.3 25.5 (8.2) -32% Profit attributable to ordinary equity holders of the Company RM'Mil 14.7 23.9 (9.
Slide 4: 6M2017 vs 6M2016 Financial Results
6M2017 vs 6M2016 Financial Results 6M2017 6M2016 +/- % Revenue RM'Mil 327.5 258.6 68.9 27% Profit before tax RM'Mil 43.0 53.0 (10.0) -19% EBITDA RM'Mil 60.6 65.9 (5.3) -8% Profit net of tax RM'Mil 30.6 40.4 (9.8) -24% Profit attributable to ordinary equity holders of the Company RM'Mil 23.0 33.6 (10
Slide 5: Revenue
Revenue Revenue By Division (RM’Million) Property Higher revenue, by 25%, due 0.0 Division to: • Higher sales and progressive 350.0 billings from the Utropolis 0.5 Batu Kawan, Sejati 300.0 99.7 Residences and Greenwoods Salak Perdana 250.0 76.0 developments. Education Higher revenue, by 31% due to:
Slide 6: Revenue - Contribution By Division
Revenue - Contribution By Division 6M2017 Revenue 6M2016 Revenue 30% 29% 70% 71% Property Education Property Education 6
Slide 7: PBT
PBT PBT By Division (RM’Million) Property Lower PBT, by 15%, due to: Division • Higher losses incurred by the retail mall, Utropolis 60.0 Marketplace; • Lower contribution from the 50.0 23.2 construction business, offset by; 18.6 • Higher PBT from the Utropolis 40.0 Batu Kawan, Sejati Residences and
Slide 8: PBT – Contribution By Division
PBT – Contribution By Division 6M2017 PBT 6M2016 PBT 38% 39% 62% 61% Property Education Property Education 8
Slide 9: Statement of Financial Position
Statement of Financial Position RM'000 30/6/2017 31/12/2016 Non-current assets 1,863,922 1,533,793 Current assets 564,278 484,918 Total assets 2,428,200 2,018,711 Current liabilities 515,939 450,695 Net current assets 48,339 34,223 Non-current liabilities 732,473 433,593 Total liabilities 1,248,412
Slide 10: Debt/Equity Ratio
Debt/Equity Ratio 30/6/2017 31/12/2016 RM'Mil RM'Mil Borrowings 903.7 636.6 Cash & bank balances 170.8 149.2 Total equity* 1,179.8 1,134.4 30/6/2017 31/12/2016 Gross D/E ratio 0.77 0.56 Net D/E ratio 0.62 0.43 *Included Private Debt Securities of RM200 million Gross D/E Ratio = Total Borrowings/Tota
Slide 11: 5-Year Financial Highlights
5-Year Financial Highlights 11
Slide 12: 5-Year Financial Highlights
5-Year Financial Highlights Revenue (RM’Mil) PBT (RM’Mil) 800 120 100 600 80 400 60 40 200 20 0 0 2013 2014 2015 2016 6M2017 2013 2014 2015 2016 6M2017 Earnings Per Share (Sen) Net Assets Per Share (RM) 20.0 2.3 15.0 2.2 10.0 2.1 5.0 2.0 0.0 1.9 2013 2014 2015 2016 6M2017 2013 2014 2015 2016 6M2017
Slide 13: 5-Year Financial Highlights
5-Year Financial Highlights Gross Dividend Per Share (sen) and Payout Ratio (%) 12.00 52% 60% 50% 51% 48% 48% 10.00 50% 8.00 40% 6.00 30% 4.00 8.00 8.00 7.50 8.25 8.50 20% 2.00 10% - 0% 2012 2013 2014 2015 2016 The Board has declared an interim dividend of 2.50 sen per share for the financial year e
Slide 14: 6M2017 Highlights
PARAMOUNT 6M2017 Highlights
Slide 15: 6M2017 Highlights
6M2017 Highlights Property Division Education Division • Strong property sales of 709 units with a • New stream of income from REAL sales value of RM420 million surpassing Education Group which contributed the full year 2016 sales of RM402 revenue and PBT of RM22.9 million and million; RM3.4 million
Slide 16: Total Landbank & GDV
PARAMOUNT TotalLlandbank & GDV
Slide 17: Total Landbank & GDV
Total Landbank & GDV Remaining Development Period Original Land Project GDV Size (Acre) (Million) Start End On going Developments Sekitar26 Business, Shah Alam 13.5 0 2013 2016 Paramount Utropolis, Glenmarie 11.8 330 2013 2023 Bandar Laguna Merbok, 500 3 1996 2016 Sungai Petani Bukit Banyan, Sungai
Slide 18: Total Landbank & GDV
Total Landbank & GDV Development Period Land Size GDV Project (Acre) (Million) Start End Projects in the Pipeline Sekitar26, Shah Alam 16.8 554 2017 2020 Section 13, Petaling Jaya 5.2 608 2017 2020 Jalan Goh Hock Huat, Klang 29.16 1,379 2017 2026 Machang Bubuk, Penang 65 324 2017 2025 Future Project
Slide 19: Prospect for 2017
PARAMOUNT Prospect for 2017
Slide 20: Prospects
Prospects • While consumer sentiments have rebounded (Source: MIER), the Group continues to take a cautious stand on the market. The muted economic environment, the banking sector’s stringent lending policies, and pressures on disposable income continue to dampen short-term demand. Homebuyers, upgra
Slide 21: Prospects (cont’d)
Prospects (cont’d) • On the education front, Paramount Education will continue to face challenges, particularly in the tertiary segment where competition is intense and highly price-sensitive. Education institutions have gone into a price war in an attempt to hold their respective market positions a
Slide 22: Prospects (cont’d)
Prospects (cont’d) • Barring any unforeseen circumstances, the Group is expected to deliver better results for 2017. 22
Slide 23: Disclaimer
Disclaimer Statement Regarding Unaudited Financial Information The unaudited financial information set forth above is preliminary and subject to adjustments and modifications. Disclaimer on Forward-Looking Statements This presentation may contain forward-looking statements that involve risks and unc
Slide 24: Thank You
eee Thank You
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