Prolintas Infra Business Trust · MYX:PLINTAS
Prolintas Infra Business Trust — Q2 2024 Earnings Presentation
28 slides from Prolintas Infra Business Trust's earnings presentation, Aug 21, 2024
Slide 1: Q2 FY2024 Financial Results Analyst Briefing Presentation
Building connectivity, engineering convenience. Q2 FY2024 FINANCIAL RESULTS ANALYST BRIEFING PRESENTATION 21 August 2024 Private & Confidential
Slide 2: Disclaimer
Disclaimer ❑ The information in this presentation is not an offer for sale of the securities of in Prolintas Infra Business Trust (“The Trust”). ❑ All statements other than statement of historical facts included in this presentation are forward-looking statements, and subject to change without notic
Slide 3: Introduction
INTRODUCTION Private & Confidential
Slide 4: Prolintas at a Glance – Facts & Figures
PROLINTAS AT GLANCE – FACTS & FIGURES Sustainable distributable income underpinned by strong matured asset portfolio Core Manage and maintain Business Business Trust (“BT”) Business highways Type Highway Remaining Average 31 years Portfolio Tenure ADT 474,701 Revenue RM153.4 million 1HFY24 0.2% of F
Slide 5: Consolidated Traffic Volume
Consolidated Traffic Volume The highways are highly resilient across economic cycles, exhibiting a rapid and adaptive recovery post-Covid landscape Consolidated AADT of 4 Highways (‘000) ▲0.2% ▲2.8% FY24F QoQ 468.31 481.25 474.70 473.76 458.76 433.45 46.48 46.10 44.66 42.94 45.71 38.21 121.75 127.65
Slide 6: Financial Review
FINANCIAL REVIEW Private & Confidential
Slide 7: Profit & Loss
Profit & Loss On track in achieving FY24 forecast Condensed Statement of Comprehensive Income Cumulative Actual 2QFY24 Forecast (in RM’000) 2QFY24 FYE2024F • The trust group had achieved 99.6% of Revenue 77,620 153,421 307,956 the forecasted revenue for the quarter. Construction Revenue 1,708 2,434
Slide 8: Distribution 1H2024
DISTRIBUTION 1H2024 Private & Confidential
Slide 9: Distributions
Distributions On track in achieving FY24 forecast Reconciliation of PBT to Distributions (in RM’000) 1HFY24 FYE2024F Profit before tax 18,771 23,069 Adjusted for:- • The forecasted CAPEX of RM10M represents 29.2% (+) Amortisation of HDE 23,124 47,201 internal funding, 70.8% to be covered by the BPMB
Slide 10: Operational Activities - Corrective & Routine Maintenance
Operational Activities - Corrective & Routine Maintenance Private & Confidential
Slide 11: Corrective & Preventive Maintenance – To improve the safety of highway users
Corrective & Preventive Maintenance – To improve the safety of highway users Private & Confidential 10
Slide 12: Corrective & Preventive Maintenance – To improve riding comfort of highway users
Corrective & Preventive Maintenance – To improve riding comfort of highway users Private & Confidential 11
Slide 13: Corrective & Preventive Maintenance – To preserve and enhance longevity of assets
Corrective & Preventive Maintenance – To preserve and enhance the longevity of highway assets Private & Confidential 12
Slide 14: Corrective & Preventive Maintenance – To improve visibility and aesthetics
Corrective & Preventive Maintenance – To improve visibility and provide aesthetic view Private & Confidential 13
Slide 15: Operational Activities - Highway Improvement
Operational Activities - Highway Improvement Private & Confidential
Slide 16: Highway Improvement - Sustainability and Public Convenience
Highway Improvement - Sustainability and Public Convenience Private & Confidential 15
Slide 17: Highway Improvement - Asset Functionality and Performance
Highway Improvement - To ensure assets functionality and provide better performance Private & Confidential 16
Slide 18: Highway Improvement - Periodic Assessment of Assets
Highway Improvement - Periodic Assessment of Assets Private & Confidential 17
Slide 19: Highway Improvement - Periodic Assessment of Assets
Highway Improvement - Periodic Assessment of Assets Private & Confidential 18
Slide 20: Key Takeaways
Key Takeaways Well-positioned to capture the industry’s substantial growth Private & Confidential
Slide 21: Key Takeaways
Key Takeaways Prolintas Infra BT is the first listed Business Trust in Malaysia with the aim of providing stable distribution payouts, endorsed by an experienced Promoter KEY TRAFFIC PERFORMANCE INDICATORS (ADT & ADC) REMAINS ON TRACK All highway assets recorded a slight increase in ADT and ADC, whi
Slide 22: Q&A
Q&A Private & Confidential
Slide 23: Thank You
THANK YOU Continuing our commitment to Nation Building Private & Confidential
Slide 24: Appendix
Appendix Private & Confidential
Slide 25: Performance Snapshot Q2 2024 vs Q1 2024
Performance Snapshot Q2,2024 vs Q1,2024 Reliable income stream supported by a solid portfolio of mature assets AKLEH • First intra-urban elevated highway in Malaysia • Connects Ampang and Kuala Lumpur ▲ ▲ GROUP ADT 481,253 RM99,726 ADC: 1.7% ADT: 46,843 1.7% 17% 2QFY24 2.8% vs 1QFY24 GCE 8% • Connec
Slide 26: Cash Flows
Cash Flows On track in achieving FY24 forecast Statement of Cash Flows (in RM’000) as at 1HFY24 FYE2024F CASH FLOWS FROM OPERATING ACTIVITIES Cash receipts from toll collection 148,868 305,609 Government compensation received 9,442 17,463 Receipts from expressway ancillary facilities 1,020 2,347 Pay
Slide 27: Cash Flows (cont'd.)
Cash Flows (cont’d.) On track in achieving FY24 forecast Statement of Cash Flows (in RM’000) As at 1HFY24 FYE2024F NET INCREASE IN CASH AND CASH EQUIVALENTS 120,772 52,645 CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 404,152 404,152 CASH AND CASH EQUIVALENTS AT END OF PERIOD 524,924 456,797 Cash
Slide 28: Promoter's Voluntary Sustainability Report
Promoter’s Voluntary Sustainability Report The Promoter is committed to sustainability, voluntarily publishing its Sustainability Report since 2021 1 Year 2021 2 Year 2022 3 Year 2023 Source(s): Management information Private & Confidential 28
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