Slide 1: Powered by Twin Engines: 1Q17 Corporate Update & Financial Results
(Company No.: 7867-P) Powered by Twin Engines Corporate Presentation 1Q17 Corporate Update & Financial Results 15 December 2016 IR Adviser
Slide 2: Contents
CONTENTS Powered by Twin Engines • Operations Review & Growth Plans • 1Q17 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 Increasing contribution from consumer packaging segment with commencement of CPP and BOPP lines…offsets slower demand for industrial packaging Segment Revenue (RM ‘mil) 1Q17 manufacturing revenue declined 3.1% yoy to
Slide 6: Growth Plans: Manufacturing
Operations Review Growth Strategies Growth Strategies Financial Highlights Investment Merits Appendix Consumer packaging expansions to fully complete in end-2017… balance RM55 mil CAPEX for this segment to be invested in FY17 Consumer packaging expansion plan CPP Commercial run commenced in January
Slide 7: Growth Plans: Manufacturing
Operations Review Growth Strategies Growth Strategies Financial Highlights Investment Merits Appendix Investing USD25 mil in U.S. stretch film plant to penetrate Americas… taking approach to be close to market and raw material source On 10 November 2016, Scientex announced CAPEX of USD25 mil to set
Slide 8: Operations Review: Property
Operations Review Growth Strategies Financial Highlights Investment Merits Appendix Property unbilled sales of approximately RM650 mil… first launch of new Pulai township 85% taken-up to date 1Q17 property revenue declined marginally by 2.3% to RM155.0 mil (1Q16: RM159.0 mil) due to launch timing On
Slide 9: 1Q17 Financial Review
Powered by Twin Engines 1Q17 FINANCIAL REVIEW
Slide 10: 1Q17 Income Statement Summary
Operations Review Growth Strategies Financial Highlights Investment Merits Appendix Manufacturing segment sees lower revenue contribution in 1Q17… 1Q17 1Q16 Change RM'mil Remarks Ma nufa cturing s al es dampened due to gl obal economic 534.7 550.6 (2.9%) Revenue outl ook; property bi l li ngs lower
Slide 11: Revenue & EBITDA Segmentation
Operations Review Growth Strategies Financial Highlights Financial Highlights Investment Merits Appendix Group benefitting from resiliency in affordable-homes demand… 1Q16 Group Revenue: RM550.6 mil 1Q17 Group Revenue: RM534.7 mil -2.2% -3.1% 28.8% yoy 29.0% yoy 71.2% 71.0% 1Q16 Group EBITDA: RM95.5
Slide 12: Financial Review: Manufacturing
Operations Review Growth Strategies Financial Highlights Investment Merits Appendix Saw weaker industrial packaging exports…contribution from consumer packaging largely sustained as sales for new CPP and BOPP films kick in Manufacturing Revenue & Gross Margin Manufacturing Revenue (by Segment) RM’mi
Slide 13: Financial Review: Property Development
Operations Review Growth Strategies Financial Highlights Investment Merits Appendix Property division benefitting from sturdy demand for affordable homes in Johor… Revenue & Gross Margin RM’mil -1.7% 47.0% 44.4% 44.2% 42.3% 38.5% 40.7% 40.1% Property segment revenue largely unchanged due to launch t
Slide 14: Balance Sheet (Highlights)
Operations Review Growth Strategies Financial Highlights Investment Merits Appendix Net gearing maintained as consumer packaging expansions near completion… strong operational cashflow to reduce borrowings and fund future plans As at As at Balance Sheet (RM ‘000) Remarks 31.10.2016 31.7.2016 Propert
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… RM46.4 mil in final dividend RM’mil 74.0% Dividend History payable on 13 January 2017 49.2% 48.0% 49.8% 52.1% 36.6% 36.1% 33.4% 35.9% 31.4% 26.6% 28.7% 28.8
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