Paramount Corp. Bhd. · MYX:PARAMON
Paramount Corp. Bhd — FY2012 Earnings Presentation
26 slides from Paramount Corp. Bhd's earnings presentation, 2013
Slide 1: Financial Year 2012 Results
Financial Year 2012 Results Investor Presentation
Slide 2: Contents
Contents 1. Q4 FY2012 Results 2. FY2012 Results 3. 5-Year Financial Highlights 4. FY2012 Operational Update 5. Proposed Final Dividend 6. Current Land banks 7. 2013 Activities www.pcb.com.my Paramount Corporation Berhad
Slide 3: Q4 FY2012 Results
Q4 FY2012 Results Paramount Corporation Berhad
Slide 4: Q4 FY2012 Vs Q4 FY 2011 Financial Results
Q4 FY2012 Vs Q4 FY 2011 Financial Results Q4 FY2012 Q4 FY2011 +/- % (Unaudited) (Audited) Revenue RM’Mil 114.9 139.1 -24.2 -17% Profit Before Tax RM’Mil 17.2 29.1 -11.9 -41% EBITDA RM’Mil 21.0 32.0 -11.0 -34% Net Profit RM’Mil 13.4 16.2 -2.8 -17% Earnings Per Share Sen 3.98 4.80 -0.82 -17% Dividends
Slide 5: FY2012 Results
FY2012 Results Paramount Corporation Berhad
Slide 6: FY2012 Vs FY 2011 Financial Results
FY2012 Vs FY 2011 Financial Results FY2012 FY2011 +/- % (Unaudited) (Audited) Revenue RM’Mil 450.0 473.8 -23.8 -5% Profit Before Tax RM’Mil 76.2 110.4 -34.2 -31% EBITDA RM’Mil 90.7 123.0 -32.3 -26% Net Profit RM’Mil 56.5 71.8 -15.3 -21% Earnings Per Share Sen 16.71 21.24 -4.53 -21% Dividends Sen 8.0
Slide 7: FY2012 Vs FY 2011 Financial Results: Revenue By Division
FY2012 Vs FY 2011 Financial Results Revenue By Division Property & Revenue decreased by RM’Million Construction 9% mainly due to lower 1.5 3.4 progressive billings 500.0 stemming from the near completion of the 99.8 110.5 Kemuning Utama 400.0 development and the completion of Surian Industrial Park
Slide 8: FY2012 Vs FY 2011 Financial Results: Revenue By Division (%)
FY2012 Vs FY 2011 Financial Results Revenue By Division (%) FY2012 Revenue FY2011 Revenue 0% 1% 25% 21% 75% 78% Property & Construction Education Others Property & Construction Education Others Paramount Corporation Berhad
Slide 9: Statement of Financial Position
Statement of Financial Position RM’000 As at 31.12.2012 As at 31.12.2011 Non-Current Assets 887,875 557,962 Current Assets 304,395 472,449 Total Assets 1,192,270 1,030,411 Current Liabilities 233,962 218,630 Net Current Assets 70,433 253,819 Non-Current Liabilities 258,371 139,793 Total Liabilities
Slide 10: FY2012 Vs FY 2011 Financial Results: PBT By Division
FY2012 Vs FY 2011 Financial Results PBT By Division RM’Million Property & In FY2012, PBT 120.0 Construction decreased by 37% due to 100.0 24.1 lower revenue and margins, the latter 80.0 stemming from a high 28.3 composition in sales of 60.0 low-medium cost 87.8 apartments. 40.0 55.1 Education PBT in
Slide 11: Group Debt/Equity (D/E) Ratio
Group Debt/Equity (D/E) Ratio As at 31.12.2012 As at 31.12.2011 RM’mil RM’mil Borrowings 252.7 136.0 Cash & Bank Balances 122.1 206.2 Total Equity 699.9 672.0 As at 31.12.2012 As at 31.12.2011 Gross D/E Ratio 0.36 0.20 Net D/E Ratio 0.19 n/a Gross D/E Ratio = Total Borrowings/Total Equity Net D/E Ra
Slide 12: Group Debt Maturity Profile
Group Debt Maturity Profile Total Borrowings - RM252.7 MILLION 60.0 50.0 40.0 30.0 20.0 10.0 6% 18% 22% 20% 16% 15% 3% 0.0 2013 2014 2015 2016 2017 2018 2019 Paramount Corporation Berhad
Slide 13: 5-Year Financial Highlights
5-Year Financial Highlights Paramount Corporation Berhad
Slide 14: 5-Year Financial Highlights
5-Year Financial Highlights Revenue (RM’Mil) PBT (RM’Mil) 500 200 150 450 100 400 50 350 0 2008 2009 2010 2011 2012 2008 2009 2010 2011 2012 Earnings Per Share (Sen) Net Assets Per Share (RM) 50 2.5 40 2.0 30 1.5 20 1.0 10 0.5 0 0.0 2008 2009 2010 2011 2012 2008 2009 2010 2011 2012 Paramount Corpora
Slide 15: FY2012 Operational Update
FY2012 Operational Update Paramount Corporation Berhad
Slide 16: 2012 Highlights: Property Division
2012 Highlights PROPERTY DIVISION • Completed acquisition of lands:- • 21.7 acres forming part of the land held under Geran 48178, Lot 1179, Mukim Damansara, Daerah Petaling, Selangor Darul Ehsan • 30 Acres held under H.S.(D) 236400, Lot P.T. 510 Pekan Hicom, District of Petaling, Selangor Darul Ehs
Slide 17: 2012 Highlights: Education Division
2012 Highlights EDUCATION DIVISION • Private & International Schools • Commencement of primary international school in September 2012. • Tertiary Sector • Commencement of piling works at the new KDU University Campus in Glenmarie. • KDU University College has been given the green light by PEMANDU’s
Slide 18: Proposed Final Dividend
Proposed Final Dividend Paramount Corporation Berhad
Slide 19: Proposed Final Dividend for FY2012
Proposed Final Dividend for FY2012 10.0 2012 2011 8.0 5.0 sen Payout Ratio 48% 47% 6.0 5.0 sen Final Dividend 4.0 Interim Dividend 3.0 sen 5.0 sen 2.0 0.0 The proposed final dividend of 5.0 sen, 2012 single-tier for FY2012 is subject to 2011 shareholders’ approval. Paramount Corporation Berhad
Slide 20: Current Land Banks
Current Land Banks Paramount Corporation Berhad
Slide 21: Land Held for Development
Land Held for Development Estimated Total GDV Development (Acres) (RM’Million) 30-acre land along Persiaran Kuala 30.0 Commercial & Industrial Selangor, near Hicom Shah Alam Service Apartments & Utropolis @ Glenmarie 11.7 Commercial Bandar Laguna Merbok, Sungai 35.4 Residential & Commercial Petani K
Slide 22: FY2013 Activities
FY2013 Activities Paramount Corporation Berhad
Slide 23: 2013 Activities
2013 Activities Property & Construction Division Education Division Sales are expected from the following projects: • Key contribution would be from Private & International Existing Developments schools. • Bandar Laguna Merbok, Sg. Petani, Kedah. • KDU education group will • Bukit Banyan, Sg.Petani,
Slide 24: 2013 Activities: Private Debt Securities Programs
2013 Activities Establishment of 2 Private Debt Securities (PDS) programs:- v RM200M PDS to issue perpetual bonds by the Company. v RM350M Sukuk Program to issue Sukuk Ijarah by KDU University College Sdn Bhd. These will provide the Group with access to capital as and when required for the next tw
Slide 25: Disclaimer
Disclaimer Statement Regarding Unaudited Financial Information The unaudited financial information set forth above is preliminary and subject to adjustments and modifications. The audited financial statements for the financial year ended 31.12.2012 and related documents are to be included in our ann
Slide 26: Paramount Corporation Berhad
PARAMOVNT CORPORATION BERHAD
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