Slide 1: Powered by Twin Engines: Corporate Presentation
(Company No.: 7867-P) Powered by Twin Engines Corporate Presentation FY16 Corporate Update & Financial Results 26 September 2016 IR Adviser
Slide 2: Contents
CONTENTS Powered by Twin Engines • Operations Review & Growth Plans • FY16 Financial Review • Investment Merits 2
Slide 3: Operations Review & Growth Plans
Powered by Twin Engines OPERATIONS REVIEW & GROWTH PLANS
Slide 4: Operations Review: Manufacturing
Operations Review Growth Strategies Financial Highlights Investment Merits Appendix Manufacturing sales tonnage set to rise substantially in FY2017 as newly expanded capacities start being utilised… Average monthly sales tonnage (MT ‘000) Industrial Packaging Consumer Packaging Industrial Packaging
Slide 5: Operations Review: Manufacturing
Operations Review Growth Strategies Financial Highlights Investment Merits Appendix Consumer packaging now contributing almost 50% of Group manufacturing revenue… Segment Revenue (RM ‘mil) 4Q16 manufacturing revenue rose 16.5% yoy to RM372.7 mil Industrial Packaging 4Q16 revenue dipped 1.4% yoy to R
Slide 6: Growth Plans: Manufacturing
Operations Review Growth Strategies Growth Strategies Financial Highlights Investment Merits Appendix Consumer packaging expansions to fully complete in 2017… Consumer packaging expansion plan Existing expansion plans progressing smoothly CPP Commercial run commenced in January 2016 and currently co
Slide 7: Operations Review: Property
Operations Review Growth Strategies Financial Highlights Investment Merits Appendix New launches and sales performance remain strong despite weaker property market… seeing resilient demand from affordable segment New launch at Pulai, Johor New Sales New Launches RM794.0m RM667.4m RM657.8m RM606.8m +
Slide 8: Operations Review: Property
Operations Review Growth Strategies Financial Highlights Investment Merits Appendix Property unbilled sales of RM717.2 mil to be recognized over the next 2-3 years… FY16 property revenue rose 26.3% to RM651.2 mil (FY15: RM515.7 mil), on higher revenue recognition across all ongoing projects Ongoing
Slide 9: FY16 Financial Review
Powered by Twin Engines FY16 FINANCIAL REVIEW
Slide 10: FY16 Income Statement Summary
Operations Review Growth Strategies Financial Highlights Investment Merits Appendix Successfully doubled up top and bottomline in 3 years from 2014… 4Q16 4Q15 Change RM'mil FY16 FY15 Change Remarks Ma nufa cturi ng and property s egments reporti ng doubl e-di gi t 561.1 452.5 24.0% Revenue 2,201.0 1
Slide 11: Revenue & EBITDA Segmentation
Operations Review Growth Strategies Financial Highlights Financial Highlights Investment Merits Appendix Manufacturing division makes up more than 50% of Group EBITDA… FY15 Group Revenue: RM1,801.7 mil FY16 Group Revenue: RM2,201.0 mil +26.3% +20.5% 28.6% yoy 29.6% yoy 71.4% 70.4% FY15 Group EBITDA*
Slide 12: Financial Review: Manufacturing
Operations Review Growth Strategies Financial Highlights Investment Merits Appendix Manufacturing Revenue & Gross Margin Manufacturing Revenue (by Segment) RM’mil RM’mil Consumer packaging revenue increased 44.7% with 14.6% FY16 manufacturing expanded PE film capacity and clientele 12.2% 11.3% reven
Slide 13: Financial Review: Property Development
Operations Review Growth Strategies Financial Highlights Investment Merits Appendix Property division thriving on sturdy demand for affordable homes in Johor… Revenue & Gross Margin RM’mil +26.3% 44.2% 47.0% 44.1% 42.6% 42.3% 37.8% 38.5% Seeing higher progress billings and favourable demand for new
Slide 14: Balance Sheet (Highlights)
Operations Review Growth Strategies Financial Highlights Investment Merits Appendix Net gearing increased in line with capacity expansions and land acquisition… set to reduce in near term due to strong operational cashflow As at As at Balance Sheet (RM ‘000) Remarks 31.7.2016 31.7.2015 Property, Pla
Slide 15: Investment Merits
Powered by Twin Engines INVESTMENT MERITS
Slide 16: Investment Merits
Operations Review Growth Strategies Financial Highlights Investment Merits Appendix A high-growth proposition all-round... attractive proxy to the burgeoning packaging sector and Southern Malaysia’s affordable property market MANUFACTURING PROPERTY DEVELOPMENT • One of the world’s largest stretch fi
Slide 17: Dividend History
Operations Review Growth Strategies Financial Highlights Investment Merits Appendix Group has dividend policy of minimum 30% net profit payout… RM’mil 74.0% Dividend History 49.2% 48.0% 49.8% 52.1% 36.6% 36.1% 33.4% 35.9% 31.4% 26.6% 28.7% 28.8% 32.1% 31.7% 30.6% 5.9 14.2 17.2 10.8 19.4 25.8 30.1 35
Slide 18: Thank You
Powered by Twin Engines Thank You Contacts: Ms. Jocelyn Ng jocelynbnng@scientex.com.my T: 03-5519 1325 Ms. Julia Pong julia@aquilas.com.my T: 03-2711 1391