Paramount Corp. Bhd. · MYX:PARAMON
Paramount Corp. Bhd — Q1 2020 Earnings Presentation
21 slides from Paramount Corp. Bhd's earnings presentation, May 29, 2020
Slide 1: Unaudited 1Q2020 Results
Unaudited 1Q2020 Results 29 May 2020 1
Slide 2: 1Q2020 Results
PARAMOUNT 1Q2020 Results
Slide 3: 1Q2020 vs 1Q2019 Financial Results
1Q2020 vs 1Q2019 Financial Results 1Q2020 1Q2019 +/- % Continuing Revenue RM'Mil 122.1 122.3 (0.2) 0% Profit before tax RM'Mil 4.3 8.6 (4.3) -50% EBITDA RM'Mil 13.3 13.7 (0.4) -3% Profit after tax RM'Mil 3.0 4.7 (1.7) -36% Discontinued Profit after tax RM'Mil 470.6 7.3 463.3 6347% Profit for the per
Slide 4: 1Q2020 vs 1Q2019 Financial Results
1Q2020 vs 1Q2019 Financial Results Continuing operations For 1Q2020, the property division achieved a revenue of RM119.7 million, marginally lower than that of 1Q2019 of RM121.5 million while its PBT had decreased by 60% to RM6.1 million (1Q2019: RM15.1 million). This was mainly due to lower contrib
Slide 5: Revenue – continuing operations
Revenue – continuing operations Revenue By Division (RM’Million) 0.6 140.0 0.7 0.1 Property Marginally lower revenue 120.0 1.8 Division mainly due to lower construction activities as a 100.0 result of the Movement Control Order 80.0 119.7 121.5 60.0 40.0 20.0 0.0 1Q2020 1Q2019 Property Co-labs Other
Slide 6: PBT - continuing operations
PBT - continuing operations Property Lower PBT by 60%, mainly due PBT By Division (RM’Million) Division to: • Lower contribution from 20.0 Utropolis Batu Kawan, Penang development; 15.0 • All ongoing phases in Sejati Residences, in Cyberjaya and 10.0 15.1 Sekitar26,in Shah Alam had been completed in
Slide 7: Statement of Financial Position
Statement of Financial Position RM'000 31/3/2020 31/12/2019 Non-current assets 1,727,218 1,538,447 Current assets 1,169,955 1,535,106 Total assets 2,897,173 3,073,553 Current liabilities 356,714 884,910 Net current assets 813,241 650,196 Non-current liabilities 684,761 724,494 Total liabilities 1,04
Slide 8: Debt/Equity Ratio
Debt/Equity Ratio 31/3/2020 31/12/2019 RM'Mil RM'Mil Borrowings 746.3 911.9 Cash & bank balances 497.9 134.7 Total equity* 1,855.7 1,464.1 31/3/2020 31/12/2019 Gross D/E ratio 0.40 0.62 Net D/E ratio 0.13 0.53 *Included Private Debt Securities of RM249 million (2019: RM249 million) Gross D/E Ratio =
Slide 9: 5-Year Financial Highlights
5-Year Financial Highlights 9
Slide 10: 5-Year Financial Highlights
5-Year Financial Highlights Revenue (RM’Mil) PBT (RM’Mil) 800 120 100 600 80 400 60 40 200 20 0 0 2016 2017 2018 2019 1Q2020 2016 2017 2018 2019 1Q2020 Earnings Per Share (Sen) Net Assets Per Share (RM) 100.00 3.0 2.0 50.00 1.0 0.00 0.0 2016 2017 2018 2019 1Q2020 2016 2017 2018 2019 1Q2020 Note: Rev
Slide 11: 5-Year Financial Highlights
5-Year Financial Highlights Gross Dividend Per Share (sen) and Payout Ratio (%) 20.00 60% 52% 51% 18.00 48% 16.00 50% 40% 14.00 38% 40% 12.00 10.00 30% 8.00 16.00 6.00 20% 4.00 8.25 8.50 8.50 10% 2.00 6.50 - 0% 2015 2016 2017 2018 2019 11
Slide 12: 1Q2020 Highlights
1Q2020 Highlights 12
Slide 13: 1Q2020 Highlights
1Q2020 Highlights Property Division Education Division • The disposal of Paramount’s controlling • Property sales of 235 units with a sales equity interests in the pre-tertiary value of RM113 million; education business was completed on • Unbilled sales stood at RM854 million as 20 February 2020 and
Slide 14: Total landbank & GDV
Total landbank & GDV 14
Slide 15: Total Landbank & GDV
Total Landbank & GDV Remaining Development Period Gross Remaining Project Undeveloped GDV* Lands (Million) Start End (Acres) On going Developments Kemuning Utama, Shah Alam 26.7 521 2004 2026 Sekitar26, Shah Alam 11.6 635 2013 2026 Bandar Laguna Merbok, Sungai Petani 0.0 6 1996 2018 Utropolis Glenma
Slide 16: Total Landbank & GDV
Total Landbank & GDV Remaining Development Period Gross GDV* Project Undeveloped (Million) Lands Start End (Acres) Future Projects Machang Bubuk, Penang 69.2 420 2020 2025 Grand Total 509.1 6,827 * Comprising potential GDV from undeveloped lands and GDV from properties launched but remained unsold a
Slide 17: Prospect for 2020
Prospect for 2020 17
Slide 18: Prospect
Prospect The prospects of the Malaysian economy for 2020 has been dampened by the sudden outbreak of COVID-19 pandemic. Latest economic indicators suggest that the pace of economic activities in Malaysia are contracting and growth prospects are deteriorating. Large output losses from the Malaysian e
Slide 19: Prospect
Prospect Co-labs Coworking The spread of COVID-19 could lead to flexible workspaces becoming more relevant to larger companies as they seek to address the risk of business disruption and to protect their employees by setting up remote offices and/or creating smaller teams to work from multiple locat
Slide 20: Statement Regarding Unaudited Financial Information
Statement Regarding Unaudited Financial Information The unaudited financial information set forth above is preliminary and subject to adjustments and modifications. Disclaimer on Forward-Looking Statements This presentation may contain forward-looking statements that involve risks and uncertainties.
Slide 21: Thank You
—_—— Thank You
Paramount Corporation Berhad — Q1 2020 Earnings Presentation on 6ix