Yoma Strategic Holdings Ltd. · SGX:Z59
Yoma Strategic — 1H2018 Earnings Presentation
18 slides from Yoma Strategic's earnings presentation, Oct 27, 2017
Slide 1: 1H2018 Results Presentation
1H2018 Results Presentation
Slide 2: 2Q2018 Financial Highlights
2Q2018 FINANCIAL HIGHLIGHTS ▪ Stronger operating results saw revenue and gross profit increase quarter-on-quarter and year-on-year ▪ Lower year-on-year net profit was largely due to the absence of fair value gains from the telecommunications towers investment recorded in 2Q2017 S$ million 35 33.1 46
Slide 3: Key Highlights of Non-Real Estate Businesses
KEY HIGHLIGHTS OF NON-REAL ESTATE BUSINESSES REVENUE Automotive & Heavy Equipment Consumers 3.3 Key Highlights 3.1 ▪ Non-Real Estate revenue grew 84.6% S$ MILLION year-on-year to S$17.9 million 2.7 ▪ Growth was primarily attributed to 14.6 12.0 significant growth in New Holland tractor sales and mor
Slide 4: Key Highlights of Real Estate Business
KEY HIGHLIGHTS OF REAL ESTATE BUSINESS REVENUE Sale of Residences & LDRs Real Estate Rental & Services Key Highlights 5.4 5.4 ▪ Overall Real Estate revenue improved from 1Q2018 and was stable on a year-on- S$ MILLION year basis 4.6 ▪ Revenue in 2Q2018 was driven by the profits from sales of residenc
Slide 5: 1H2018 Profit and Loss Items
1H2018 PROFIT AND LOSS ITEMS S$ million 2Q2018 2Q2017 1H2018 1H2017 Revenue 33.1 24.9 59.0 42.6 Cost of sales (18.3) (14.6) (33.8) (25.5) Gross profit 14.8 10.3 25.2 17.1 Other income, net 7.6 16.3 16.5 28.0 Expenses - Administrative (13.5) (12.4) (25.8) (24.4) - Finance (0.3) (3.9) (2.2) (6.2) Shar
Slide 6: Key Balance Sheet Items
KEY BALANCE SHEET ITEMS S$ million 30 Sep 2017 31 Mar 2017 Cash and cash equivalents 67.0 34.8 Development properties 337.3 262.8 Additional development properties from the Land development rights 219.3 219.3 buyback of Galaxy Towers Investment properties 254.4 219.3 Decline is due to the buyback of
Slide 7: Transforming into a Disciplined Conglomerate
TRANSFORMING INTO A DISCIPLINED CONGLOMERATE 2020 Vision Ahead of our 2020 Target Non-real-estate businesses Target is to have at least 50% contributed 47% of FY2017 revenue of the revenue generated and 56% of 1H2018 revenue with by non-real estate improved gross margins businesses and to increase 6
Slide 8: Target to Triple Our Size by 2023
TARGET TO TRIPLE OUR SIZE BY 2023 Building dominant positions and nationwide footprints Enhance autonomy and capabilities of each business unit Rationalise non-core businesses and assets FOOD MOTOR LAND 8
Slide 9: Business Updates
Business Updates
Slide 10: 13 KFC Stores in Yangon
13 KFC STORES IN YANGON Shopping Malls Junction Square Junction Mawtin • Myanmar Plaza • Junction Mawtin • Capital Thaketa • Dagon Centre • Junction City • AEON Orange Waizayantar • SuperOne Hlaing Tharyar Airports • International & Domestic Terminal ONE Domestic Terminals Residential Estates • Star
Slide 11: 2 KFC Stores in Mandalay & 1 KFC Store in Taunggyi
2 KFC STORES IN MANDALAY & 1 KFC STORE IN TAUNGGYI Massive opening day turnout for our Mandalay and Taunggyi stores 11
Slide 12: Food & Beverage Expansion Strategy
FOOD & BEVERAGE EXPANSION STRATEGY Phase II: Acquire and develop new brands 50+ Phase I: Nationwide build for 22 2020+ KFC stores March Revenue 16 2018 S$11 million September 2017 12 Store March count 2017 12
Slide 13: New Holland Tractors
NEW HOLLAND TRACTORS 2Q2018 revenue jumped by138% year-on-year S$ million 14 Tractors Implements Spare Sparts Services 12.5 12 11.0 457 Number of 9.8 implements sold 10 484 8.2 457 8 7.1 549 5.8 221 6.0 5.6 6 Number of 264 4.7 159 5.3 290 238 273 tractors sold 4 241 228 244 181 202 147 138 2 120 119
Slide 14: New Holland Tractors
NEW HOLLAND TRACTORS Sale of New Holland tractors is expected to continue to see strong growth No. 1,400 Potential Retail Sales 1,200 500 units from the 2nd 1,000 AMD organized sale to 500 be delivered in the 800 coming months 600 151 Remaining units 400 from the 1st AMD 607 692 534 organized sale 2
Slide 15: Yoma Fleet
YOMA FLEET Stable cashflows and growth from fleet No. of units In 2Q2018, fleet size expanded to 585 units, 700 however 20 units were sold in the used car Net units Disposal of units market resulting in a net fleet size of 565 units 600 20 500 400 300 540 560 565 491 509 200 359 313 332 280 100 149
Slide 16: Increasing Recurring Rental Income
INCREASING RECURRING RENTAL INCOME Portfolio of Investment Properties Pun Hlaing International School StarCity International School The Campus 16
Slide 17: The Peninsula Residences
THE PENINSULA RESIDENCES Target to launch in the coming months 17
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