Paramount Corp. Bhd. · MYX:PARAMON
Paramount Corp. Bhd — Q1 2021 Earnings Presentation
23 slides from Paramount Corp. Bhd's earnings presentation, May 27, 2021
Slide 1: Unaudited 1Q2021 Results
Unaudited 1Q2021 Results 27th May 2021 1
Slide 2: 1Q2021 Results
PARAMOUNT 1Q2021 Results
Slide 3: 1Q2021 vs 1Q2020 Financial Results
1Q2021 vs 1Q2020 Financial Results 1Q2020 1Q2021 +/- % (Restated) Continuing Revenue RM'Mil 151.8 122.1 29.7 24% Profit before tax RM'Mil 10.8 3.9 6.9 177% EBITDA RM'Mil 21.0 13.3 7.7 58% Profit after tax RM'Mil 6.8 2.7 4.1 152% Discontinued Profit after tax RM'Mil 0.0 470.6 (470.6) -100% Profit for
Slide 4: 1Q2021 vs 1Q2020 Financial Results
1Q2021 vs 1Q2020 Financial Results Continuing operations For 1Q2021, the Group recorded a revenue from continuing operations of RM151.8 million, which was 24% higher than that of the corresponding quarter last year of RM122.1 million. However, the Group's profit before tax (PBT) from continuing oper
Slide 5: Revenue – continuing operations
Revenue – continuing operations Revenue By Division (RM’Million) Property Increase in revenue was 0.8 Division mainly due to higher level of construction progress 160.0 recognised and sales of 1.4 140.0 0.6 properties. 120.0 1.9 Top 3 revenue contributions were Bukit Banyan 100.0 development in Keda
Slide 6: PBT - continuing operations
PBT - continuing operations PBT By Division (RM’Million) Property Higher PBT was in line with the Division higher revenue. 16.0 14.0 12.0 10.0 8.0 15.1 6.0 4.0 5.6 2.0 -1.1 -1.4 0.0 -0.3 -2.0 1Q2021 1Q2020 -4.0 -3.2 -6.0 Property Co-labs Others 6
Slide 7: Statement of Financial Position
Statement of Financial Position 31/3/2021 31/12/2020 RM'000 (Restated) Non-current assets 1,839,545 1,846,620 Current assets 1,023,538 1,118,030 Total assets 2,863,083 2,964,650 Current liabilities 387,230 474,935 Net current assets 636,308 643,095 Non-current liabilities 797,139 810,331 Total liabi
Slide 8: Debt/Equity Ratio
Debt/Equity Ratio 31/3/2021 31/12/2020 (Restated) RM'Mil RM'Mil Borrowings 897.4 954.2 Cash & bank balances 164.7 204.3 Total equity* 1,681.1 1,681.7 31/3/2021 31/12/2020 Gross D/E ratio 0.53 0.57 Net D/E ratio 0.44 0.45 *Included Private Debt Securities of RM249 million (2020: RM249 million) Gross
Slide 9: 5-Year Financial Highlights
5-Year Financial Highlights 9
Slide 10: 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 2017 2018 2019 2020 1Q2021 2017 2018 2019 2020 1Q2021 Earnings Per Share (Sen) Net Assets Per Share (RM) 100.00 3.0 79.37 80.00 60.00 2.0 40.00 22.51 1.0 15.29 17.17 20.00 0.37 0.00 0.0 2017 2018 2019 2
Slide 11: 5-Year Financial Highlights
5-Year Financial Highlights Gross Dividend Per Share (sen) and Payout Ratio (%) 35.00 60% 51% 30.00 48% 50% 40% 40% 25.00 38% 40% 20.00 31.50 30% 15.00 20% 10.00 16.00 5.00 10% 8.50 8.50 6.50 - 0% 2016 2017 2018 2019 2020 11
Slide 12: 1Q2021 Highlights
PARAMOUNT —1Q2021 Hig hl ig hts
Slide 13: 1Q2021 Highlights
1Q2021 Highlights Property Division Education Division • There was no contribution from the • 251 units of properties were launched in education division in 1Q2021 as the 1Q2021 (1Q2020: 49 units). Group has divested its controlling equity • Property sales of 300 units with a sales stakes in the ter
Slide 14: Total landbank & GDV
PARAMOUNT Total landbank & GDV
Slide 15: Total Landbank & GDV
Total Landbank & GDV Remaining Development Period Gross Remaining Projects developed by subsidiary Undeveloped GDV* companies Lands (Million) Start End (Acres) On going Developments Kemuning Utama, Shah Alam 26.7 422 2004 2026 Sekitar26, Shah Alam 11.6 604 2013 2026 Bandar Laguna Merbok, Sungai Peta
Slide 16: Total Landbank & GDV
Total Landbank & GDV Remaining Development Period Gross Projects developed by subsidiary GDV* Undeveloped companies (Million) Start End Lands (Acres) Project in the pipeline Ampang Hilir, Kuala Lumpur 4.5 968 2021 2027 Future Projects Bukit Banyan II, Sungai Petani 137.1 405 2023 2027 Machang Bubuk,
Slide 17: Total Landbank & GDV
Total Landbank & GDV Remaining Development Period Gross Project developed by associate GDV^ Undeveloped company (Million) Lands Start End (Acres) Na Reva - 67 2020 2023 ^ Being the Group’s share of GDV from properties launched by Navarang Charoennakhon Company Limited but remained unsold as at 31 Ma
Slide 18: Prospect for 2021
PARAMOUNT __ Prospect for 2021
Slide 19: Prospect
Prospect The Malaysian economy registered a smaller GDP decline of 0.5% in the first quarter (4Q 2020: -3.4%). All economic sectors registered an improvement, particularly in the manufacturing sector. Going forward, Malaysia is well positioned to continue benefitting from stronger global economic an
Slide 20: Prospect (cont’d)
Prospect (cont’d) a) Property (cont’d) Despite the on-going pandemic, the Group's property sales for 1Q2021 was 63% higher than the corresponding quarter last year. Capitalising on this strong sales momentum, the Group would intensify the promotional activities to boost sales. While the pipeline of
Slide 21: Prospect (cont’d)
Prospect (cont’d) b) Co-labs Coworking (cont’d) On the office solutions provider front, Scalable Malaysia has made progress since its launch in 2020 to provide an end-to-end consult, design, build and manage workspace ecosystem solution to the corporates. It is currently working on a office refurbis
Slide 22: Statement Regarding Unaudited Financial Information
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 uncertainties.
Slide 23: Thank You
Thank You 23
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