Paramount Corp. Bhd. · MYX:PARAMON
Paramount Corp. Bhd — 1H 2014 Earnings Presentation
22 slides from Paramount Corp. Bhd's earnings presentation, 2014
Slide 1: Unaudited 1H Financial Year 2014 Results
Unaudited 1H Financial Year 2014 Results
Slide 2: Contents
Contents 1. 2Q14 Results 2. 1H14 Results 3. 5-Year Financial Highlights 4. 2014 Highlights 5. Current Land Bank 6. 2014 Prospects www.pcb.com.my Paramount Corporation Berhad
Slide 3: 2Q14 Results
PARAMOUNT —— _ 2Q14 Results
Slide 4: 2Q14 vs 2Q13 Financial Results
2Q14 vs 2Q13 Financial Results 2Q14 2Q13 +/- % Revenue RM'Mil 133.2 142.5 (9.3) -7% Profit before tax RM'Mil 24.8 15.9 8.9 56% EBITDA RM'Mil 27.9 19.2 8.7 45% Net profit RM'Mil 18.2 10.7 7.5 70% Earnings per share Sen 5.38 3.16 2.22 70% Dividend per share Sen 2.50 2.50 0.00 0% Group revenue decrease
Slide 5: 1H14 Results
PARAMOUNT —— _ 1H14 Results
Slide 6: 1H14 vs 1H13 Financial Results
1H14 vs 1H13 Financial Results 1H14 1H13 +/- % Revenue RM'Mil 232.0 253.0 (21.0) -8% Profit before tax RM'Mil 48.6 36.3 12.3 34% EBITDA RM'Mil 55.0 43.2 11.8 27% Net profit RM'Mil 37.7 25.4 12.3 48% Earnings per share Sen 11.17 7.53 3.64 48% Dividend per share Sen 2.50 2.50 0.00 0% Net asset per sha
Slide 7: 1H14 vs 1H13 Financial Results: Revenue By Division
1H14 vs 1H13 Financial Results Revenue By Division (RM’Million) Property Revenue decreased by Division 14% due to: • Lower contribution 300.0 0.9 from the construction 1.2 segment as it winds 250.0 down its external 60.1 construction projects, 65.3 mitigated by: 200.0 • Higher contribution on new la
Slide 8: Revenue By Division (%)
1H14 vs 1H13 Financial Results Revenue By Division (%) 1H14 Revenue 1H13 Revenue 28% 24% 72% 76% Property & Construction Education Property & Construction Education
Slide 9: 1H14 vs 1H13 Financial Results: PBT By Division
1H14 Vs 1H13 Financial Results PBT By Division (RM’Million) Property PBT increased by 68% due to Division gains of RM13.1 million arising from the disposal of 55.0 lands. 13.1 Operating profit increased by 45.0 29% due to higher progressive billings on new launches from 35.0 ongoing development proj
Slide 10: PBT By Division (%)
1H14 vs 1H13 Financial Results PBT By Division (%) 1H14 PBT 1H13 PBT 25% 38% 62% 75% Property & Construction Education Property & Construction Education
Slide 11: Statement of Financial Position
Statement of Financial Position RM'000 30/6/2014 31/12/2013 Non-current assets 935,636 870,637 Current assets 504,703 431,692 Total assets 1,440,339 1,302,329 Current liabilities 345,658 280,810 Net current assets 159,045 150,882 Non-current liabilities 298,242 294,421 Total liabilities 643,900 575,
Slide 12: Group Debt/Equity (D/E) Ratio
Group Debt/Equity (D/E) Ratio 30/6/2014 31/12/2013 RM'Mil RM'Mil Borrowings 356.7 317.7 Cash & bank balances 164.7 110.5 Total equity 796.4 727.1 30/6/2014 31/12/2013 Gross D/E ratio 0.45 0.44 Net D/E ratio 0.24 0.28 On 6 February 2014, the Group issued private debt securities (PDS) of RM50 million
Slide 13: 5-Year Financial Highlights
5-Year Financial Highlights
Slide 14: 5-Year Financial Highlights
5-Year Financial Highlights Revenue (RM’Mil) PBT (RM’Mil) 600 200 500 150 400 300 100 200 50 100 0 0 2010 2011 2012 2013 1H14 2010 2011 2012 2013 1H14 Earnings Per Share (Sen) Net Assets Per Share (RM) 60 2.4 2.2 40 2.0 20 1.8 0 1.6 2010 2011 2012 2013 1H14 2010 2011 2012 2013 1H14
Slide 15: 5-Year Financial Highlights: Gross Dividends Per Share
5-Year Financial Highlights Gross Dividends Per Share (sen) and Payout Ratio (%) 80.00 60% 48% 48% 50% 70.00 47% 50% 60.00 40% 75.00 40% 50.00 40.00 30% 30.00 20% 20.00 28.00 10% 10.00 10.00 8.00 8.00 - 0% 2009 2010 2011 2012 2013 Note: • FY2008 to FY2010 based on RM1.00 par value • FY2011 & FY2012
Slide 16: 2014 Highlights
PARAMOVNT CORPORATION BERHAD 2014 Highlights
Slide 17: 2014 Highlights
2014 Highlights Property & Construction Division Education Division Major initiatives: New launches with offerings of a wide array of products from affordable to premium residential • Completion of the new KDU University College properties and semi-detached industrial flagship campus at Glenmarie pr
Slide 18: Current Land Bank
PARAMOVNT oT Current Land Bank
Slide 19: Current Landbank
Current Landbank Estimated Total Total GDV Development (Acres) (RM’Million) Sekitar26, Persiaran Kuala 30.0 Integrated Development Selangor, Shah Alam Paramount Utropolis, Glenmarie 11.7 Integrated Development Bandar Laguna Merbok, Sungai 22.6 Residential & Commercial Petani Kemuning Utama, Shah Ala
Slide 20: Prospects For The Remaining Year
Prospects For The Remaining Year 1. With a sizeable carried forward lock-in sales and the scheduled launches from Bukit Banyan, Sejati Residences, Paramount Utropolis and Sekitar26 Business development projects of primarily affordable products in the remaining part of year, the property development
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
if se aay T Thank Vou
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