Progressive Impact Corp. Bhd. · MYX:PICORP
Progressive Impact Corp. Bhd — Investor Presentation (May 2018)
26 slides from Progressive Impact Corp. Bhd's investor presentation, May 2018
Slide 1: Progressive Impact Corporation Berhad
PROGRESSIVE IMPACT CORPORATION BERHAD | 203352-V
Slide 2: Vision, mission and values
To be a world class business organisation focused on cost effective environmental solutions which shall benefit mankind. Obedient to Peak Innovative Allah Performance To be a world class business organisation providing innovative technology & quality products and services in P I C O R P the field of
Slide 3: Market capitalisation, business activities and employees
Market Capitalisation RM98 million As at 30 April 2018 Key Business Activity Market Presence Total Number of Employees Working in 1 Environmental Consultancy & Monitoring 1 Malaysia Respective Country 2 Laboratory Testing Services 2 Indonesia 256 Wastewater Treatment & 3 Solution 3 Saudi Arabia 174
Slide 4: Key Business Activities
Key 01 Business Activities ENVIRONMENTAL CONSULTANCY & MONITORING SERVICES 02 03 LABORATORY WASTE WATER TESTING SERVICES TREATMENT & SOLUTIONS
Slide 5: Business Objectives & Strategies
Business Objectives & TP22 Long Term Strategies Plan Grow International Presence Strengthen Local Base
Slide 6: PICORP 7 Paradigms
PICORP 7 Paradigms VELOCITY STRATEGIES CASH CUSTOMER STRATEGIES MANAGEMENT 04 STRATEGIES 03 05 MARGIN TECHNOLOGY STRATEGIES STRATEGIES 02 06 RISK MANAGEMENT GROWTH STRATEGIES STRATEGIES 01 7 07 Paradigms
Slide 7: Market strategies
International: KSA Market Product & Market Growth Indonesia Market New MARKET Strategies MARKET DEVELOPMENT DIVERSIFICATION MARKET PRODUCT PENETRATION DEVELOPMENT Non Concession (Environment) Wastewater Present Halalan Toyyiban, - SDO New Generation F&B (Lab Testing Services) Wastewater (SDO Cu
Slide 8: Environment products and services
ENVIRONMENT PRODUCT BUSINESS MAIN & SERVICES DRIVER MARKET • Air Quality Monitoring • DOE Environmental • Power Services (AQMS) Quality Act (“EQA”) 1974 • Oil & Gas • Predictive Emission • DOE Guided Self • Government agencies Monitoring System (PEMS) Regulation (“GSR”) 2017 • Local Authorities • Co
Slide 9: Our Customers
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Slide 10: Lab Testing Services
LAB TESTING SERVICES PRODUCT BUSINESS MAIN & SERVICES DRIVER MARKET • Alcohol Detection • JAKIM and their Foreign • Food Industries • Porcine DNA detection Certification Bodies (CB) • Pharmaceuticals & • GMOs & Allergens • Food Safety Act Medical Devices • Hygiene Monitoring HALALAN • Microbiology &
Slide 11: Our Customers
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Slide 12: International
INTERNATIONAL PRODUCT BUSINESS MAIN & SERVICES DRIVER MARKET • Public Health Management • KSA Vision 2030 • Local Municipalities • Environmental • Health & Safety – Makkah, Madinah, Management Regulations Jeddah • Water & Wastewater • Environmental Regulations • Government Agencies SAUDI Management
Slide 13: Our Customers
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Slide 14: Cash & Margin Strategies
Prompt collection strategy CASH & Back-to-back discount between suppliers/sub- contractors with customers MARGIN Back-to-back payment strategy Strategies Cash Upfront Strategy Prudent operational spending Continuous Cost Improvement Programmes (CIP)
Slide 15: Velocity: Talent Management Strategies
Talent Management VELOCITY Strategies TALENT RETENTION • Competitive scheme of service • Job Rotational Program 03 • Career Counselling • Career Progression TALENT DEVELOPMENT 02 • Continuous Training Programmes • Coaching & Mentoring • Succession Planning TALENT ACQUISITION 01 • Recruitment for cap
Slide 16: Customer Management Strategies
CUSTOMER MANAGEMENT Strategies INTEGRITY HONESTY GENERATING TRUST CUSTOMER SATISFACTION
Slide 17: Technology Strategies
TECHNOLOGY Strategies 01 02 03 04 Predictive Emission SDO Newly established RemScan Monitoring System Technology R&D Division Technology (PEMS)
Slide 18: Risk Strategies
01 Good Corporate Governance RISK Strategies 02 Sound Internal Controls 03 Effective Risk Management
Slide 19: Financial Performance
FINANCIAL PERFORMANCE
Slide 20: Revenues for FYE 2017
REVENUES Actual Actual (RM’000) FYE FYE +/- 2017 2016 FOR THE RM'000 RM'000 FYE 2017 ENVIRONMENT 23,972 42,365 -43% LAB TESTING 50,308 42,610 +18% WASTEWATER 9,438 3,128 >100% GROUP 83,876 87,402 -4%
Slide 21: Profit/(Loss) from Operation for FYE 2017
PROFIT/ (LOSS) Actual Actual FROM FYE FYE +/- OPERATION 2017 2016 (RM’000) RM'000 RM'000 FOR THE FYE 2017 ENVIRONMENT -296 5,641 >-100% LAB TESTING 20,217 17,443 +16% WASTEWATER 1,717 -1,338 >100% GROUP 14,106 7,264 +94%
Slide 22: Concession vs Non Concession
Concession vs Non Concession 2017 Increase / Increase / 2016 Financial Year ended 31st December (RM (Decrease) (Decrease) (RM Million) Million) (RM Million) (%) Revenues from Concession Contract 6.6 22.9 (16.3) (72) Revenues from Non-Concession 77.2 64.5 12.7 19 Contract Total 83.8 87.4 (3.6) (4)
Slide 23: Revenues Quarter 1, 2018
REVENUES Actual Q1 Actual Q4 Actual Q1 (RM’000) 2018 RM'000 2017 RM'000 +/- 2017 RM'000 +/- QUARTER 1, 2018 ENVIRONMENT 7,799 7,595 +3% 8,723 -10% LAB TESTING 13,539 12,775 +6% 13,405 +1% WASTEWATER 1,031 2,572 -60% 2,042 -50% GROUP 22,212 22,822 -3% 23,796 -7%
Slide 24: Profit/(Loss) from Operation Quarter 1, 2018
PROFIT/ (LOSS) FROM Actual Q1 Actual Q4 Actual Q1 2018 2017 +/- 2017 +/- OPERATION RM'000 RM'000 RM'000 (RM’000) QUARTER 1, 2018 ENVIRONMENT -744 2,642 >(100%) 8,723 >(100%) LAB TESTING 6,163 5,069 +22% 6,970 -12% WASTEWATER 168 909 -82% -39 >100% GROUP 4,261 5,598 -24% 6,781 -37%
Slide 25: Dividend & Policy
Dividend Policy Strategy & Policy Strategies Minimum payout To improve the dividend of 40% of the net yield through improved profit after tax & revenues, margin & minority interest collection
Slide 26: Surely, with every difficulty, there is relief
Surely, with every difficulty, there is relief
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