Yoma Strategic Holdings Ltd. · SGX:Z59
Yoma Strategic — 6M-Mar2021 Earnings Presentation
14 slides from Yoma Strategic's earnings presentation, May 2021
Slide 1: 6M-Mar2021 Earnings Results
6M-Mar2021 Earnings Results Yoma Strategic Holdings Ltd. 1
Slide 2: Slow Down in Economic Activities
Slow Down in Economic Activities Disruptions Impact on Group Businesses • Due to worker strikes, essential banking • Disruption in consumer spending. Intermittent Banking services severely curtailed. • Customers in Real Estate and Automotive and • Limited availability of credit. Heavy Equipment busi
Slide 3: Implementing Stringent Financial Management Measures
Implementing Stringent Financial Management Measures Continued reduction in operating costs and deferment of most capital expenditures to conserve cash and maintain liquidity. Reduction of inventory and Reduction in staff costs by more monetisation of existing PPE stocks than 60% ▪ Job cuts and furl
Slide 4: 6M-Mar2021 Key Financial Highlights – Profit and Loss
6M-Mar2021 Key Financial Highlights – Profit and Loss 1) Negative impact on the business since 1st February 2021 Statement of Income 6M-Mar2020 6M-Mar2021 Despite the onset of Myanmar’s second wave of COVID-19 cases in September, revenue, (US$ million) (US$ million) gross profit and core operating E
Slide 5: 6M-Mar2021 Key Financial Highlights – Balance Sheet
6M-Mar2021 Key Financial Highlights – Balance Sheet Net Debt & Net Gearing Ratio US$ million Net Debt Total Capital Gearing Ratio 1200 35% 30.4% 1000 30% 29.2% 27.8% Net gearing ratio assuming 25% 800 24.0% completion of the second tranche of Ayala’s share placement which 20% 600 would have increase
Slide 6: Segment Results - Yoma Land Development
Segment Results - Yoma Land Development Revenue Contribution: Significant increase in revenue was mainly contributed by The Peninsula Residences, Star Revenue: Villas and Pun Hlaing Estate. US$16.9 million +28% y-o-y • Construction activities for Star Villas commenced in December 2020. 39% • Since 1
Slide 7: Segment Results - Yoma Land Services
Segment Results - Yoma Land Services Revenue Contribution: The decline in revenue and core operating EBITDA were mainly due to the reclassification of Revenue: The Campus to the Corporate & Investments segment. Both metrics would have been US$4.0 million relatively comparable to 6M-Mar2020 excluding
Slide 8: Segment Results - Yoma Financial Services
Segment Results - Yoma Financial Services Revenue Contribution: Yoma Fleet Revenue: US$3.5 million • Revenue remained flat y-o-y. 0% y-o-y • Fleet size grew by 12.8% y-o-y to 1,431 vehicles with third party AUM at US$47 million1. 8% • Increase driven by finance leases, but growth has been constraine
Slide 9: Segment Results - Yoma F&B
Segment Results - Yoma F&B Revenue Contribution: Revenue: The Restaurants business, which had already been significantly impacted by COVID-19, saw a further slowdown since February 1st: US$10.6 million -44% y-o-y • Fewer number of operating stores with frequent temporary closures. 24% • Shortened op
Slide 10: Segment Results - Yoma Motors
Segment Results - Yoma Motors Revenue Contribution: Heavy Equipment business was impacted by the disruptions to hire-purchase financing from Revenue: local banks and delays in port clearance operations. US$8.4 million -27% y-o-y • New Holland sold 97 tractors in 6M-Mar2021 vs. 139 tractors in 6M-Mar
Slide 11: 6M-Mar2021 Strategic Updates
6M-Mar2021 Strategic Updates Updates on Wave Money’s transactions • The Company had informed shareholders on 3rd May 2021 that the long stop date of 30th April 2021 in relation to the proposed strategic partnership in Wave Money with Ant Group and the Group’s proposed acquisition of controlling inte
Slide 12: For enquiries, please contact
Note: This news release should be read in conjunction with the results announcement released on the SGXNet on 14 May 2021. For enquiries, please contact: Analyst contact: Ms. Jane Kwa, Tel: (65) 9759 2602 or (95) 09 79311 3587 Email: janekwa@yoma.com.mm Yoma Group Media contact: Ms. Sylvia Saw McKai
Slide 13: Appendix: 6M-Mar2021 Core Operating EBITDA
Appendix 6M-Mar2021 Core Operating EBITDA US$ Million 5 (1.97) 1.13 0 0.72 1.70 0.76 -5 -10 9.31 0.52 2.04 -15 -20 (21.64) 9.69 -25 Net loss Interest expenses on Interest expense due Taxes Depreciation and Currency translation Shares of profits Shares of losses Yoma Central Core Operating borrowings
Slide 14: Profit and Loss – 6M-Mar2020 vs 6M-Mar2021
Appendix Profit and Loss – 6M-Mar2020 vs 6M-Mar2021 6M-Mar2020 6M-Mar2021 Real Estate Real Estate Financial Investment Real Estate Real Estate Financial Investment Development Services Services F&B Motors & Corporate Total Development Services Services F&B Motors & Corporate Total Revenue 13.2 4.6 3
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