Paramount Corp. Bhd. · MYX:PARAMON
Paramount Corp. Bhd — 9M2016 Earnings Presentation
22 slides from Paramount Corp. Bhd's earnings presentation, Nov 23, 2016
Slide 1: Unaudited 9M2016 Results
Unaudited 9M2016 Results 23 November 2016 1
Slide 2: 3Q2016 & 9M2016 Results
PARAMOUNT 3Q2016 & 9M2016 Results
Slide 3: 3Q2016 vs 3Q2015 Financial Results
3Q2016 vs 3Q2015 Financial Results 3Q2016 3Q2015 +/- % Revenue RM'Mil 134.8 147.7 (12.9) -9% Profit before tax RM'Mil 21.7 23.2 (1.5) -6% EBITDA RM'Mil 29.6 30.3 (0.7) -2% Profit net of tax RM'Mil 16.3 17.1 (0.8) -5% Profit attributable to ordinary equity holders of the company RM'Mil 11.2 15.5 (4.3
Slide 4: 9M2016 vs 9M2015 Financial Results
9M2016 vs 9M2015 Financial Results 9M2016 9M2015 +/- % Revenue RM'Mil 393.4 428.0 (34.6) -8% Profit before tax RM'Mil 74.7 79.0 (4.3) -5% EBITDA RM'Mil 95.5 99.0 (3.5) -4% Profit net of tax RM'Mil 56.8 57.7 (0.9) -2% Profit attributable to ordinary equity holders of the company RM'Mil 44.8 52.8 (8.0
Slide 5: Revenue
Revenue Revenue By Division (RM’Million) Property Revenue decreased by 0.7 Division 12% due to: 450.0 1.3 • Lower sales and progressive billings from 400.0 109.8 the Utropolis and 350.0 113.3 Sekitar26 Business developments. 300.0 Education Revenue increased 250.0 Division marginally by 3% due to 20
Slide 6: Revenue - Contribution By Division
Revenue - Contribution By Division 9M2016 Revenue 9M2015 Revenue 29% 26% 71% 74% Property Education Property Education 6
Slide 7: PBT
PBT PBT By Division (RM’Million) Property As a result of the lower Division revenue, PBT decreased by 14%. 90.0 80.0 17.8 Education PBT increased by 57% due 27.9 Division to: 70.0 • Gain of RM8.7 million on 60.0 the disposal of student 50.0 accommodation 40.0 apartments 64.9 • Higher PBT from Sri 30
Slide 8: PBT – Contribution By Division
PBT – Contribution By Division 9M2016 PBT 9M2015 PBT 22% 33% 67% 78% Property Education Property Education 8
Slide 9: Statement of Financial Position
Statement of Financial Position RM'000 30/9/2016 31/12/2015 Non-current assets 1,518,709 1,479,919 Current assets 405,036 450,304 Total assets 1,923,745 1,930,223 Current liabilities 372,446 377,484 Net current assets 32,590 72,820 Non-current liabilities 450,710 462,116 Total liabilities 823,156 83
Slide 10: Debt/Equity Ratio
Debt/Equity Ratio 30/9/2016 31/12/2015 RM'Mil RM'Mil Borrowings 577.1 549.6 Cash & bank balances 70.5 149.6 Total equity* 1,100.6 1,090.6 30/9/2016 31/12/2015 Gross D/E ratio 0.52 0.50 Net D/E ratio 0.46 0.37 *Included Private Debt Securities of RM200 million Gross D/E Ratio = Total Borrowings/Total
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 2012 2013 2014 2015 9M2016 2012 2013 2014 2015 9M2016 Earnings Per Share (Sen) Net Assets Per Share (RM) 20.0 2.2 15.0 2.1 10.0 2.0 5.0 0.0 1.9 2012 2013 2014 2015 9M2016 2012 2013 2014 2015 9M2016 12
Slide 13: 5-Year Financial Highlights
5-Year Financial Highlights Gross Dividend Per Share (sen) and Payout Ratio (%) 12.00 60% 51% 52% 48% 50% 47% 10.00 50% 8.00 40% 6.00 30% 10.00 4.00 8.00 8.00 7.50 8.25 20% 2.00 10% - 0% 2011 2012 2013 2014 2015 An interim dividend of 2.50 sen per share was paid on 28 September 2016 for the financia
Slide 14: 9M2016 Highlights
PARAMOUNT 9M2016 Highlights
Slide 15: 9M2016 Highlights
9M2016 Highlights Property Division Education Division • Good sales momentum for 2Q2016 • Higher student number at KDU UC and continuing into 3Q2016. Sale of 88 units KDU College PJ contributed to the higher with a GDV of RM81 million vs 73 units revenue; with a GDV of RM76 million for 2Q2016; • Pro
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 11.8 274 2013 2023 Bandar Laguna Merbok, 500 14 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 Section 13, Petaling Jaya 5.2 701 2016 2020 Jalan Goh Hock Huat, Klang 29.16 1,052 2016 2026 Batu Kawan, Penang 20 1,368 2016 2026 Machang Bubuk, Penang 65 395 2017 2025 Future Projects
Slide 19: Prospect for 2016
PARAMOUNT Prospect for 2016
Slide 20: Prospects
Prospects • The Group remains cautiously optimistic about its performance for the rest of the year. There are positive signs with demand in good locations remaining steady while demand for mid-priced and affordable homes has increased. Commercial and industrial properties are also seeing an increase
Slide 21: 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 22: Thank You
eee Thank You
Paramount Corporation Berhad — 9M2016 Earnings Presentation on 6ix