Paramount Corp. Bhd. · MYX:PARAMON
Paramount Corp. Bhd — 9M2019 Earnings Presentation
23 slides from Paramount Corp. Bhd's earnings presentation, Nov 20, 2019
Slide 1: Unaudited 9M2019 Results
Unaudited 9M2019 Results 20 November 2019 1
Slide 2: 3Q2019 Results
PARAMOUNT 3Q2019 Results
Slide 3: 3Q2019 vs 3Q2018 Financial Results
3Q2019 vs 3Q2018 Financial Results 3Q2019 3Q2018 +/- % Revenue RM'Mil 217.1 210.5 6.6 3% Profit before tax RM'Mil 44.3 28.8 15.5 54% EBITDA RM'Mil 59.3 40.3 19.0 47% Profit net of tax RM'Mil 34.9 21.6 13.3 62% Profit attributable to ordinary equity holders of the company RM'Mil 30.3 15.6 14.7 94% Ea
Slide 4: 9M2019 vs 9M2018 Financial Results
9M2019 vs 9M2018 Financial Results 9M2019 9M2018 +/- % Revenue RM'Mil 696.0 651.1 44.9 7% Profit before tax RM'Mil 108.7 107.6 1.1 1% EBITDA RM'Mil 159.6 140.0 19.6 14% Profit net of tax RM'Mil 77.4 79.5 (2.1) -3% Profit attributable to ordinary equity holders of the Company RM'Mil 64.9 64.9 0.0 0%
Slide 5: Revenue
Revenue Revenue By Division (RM’Million) Property Division Higher revenue, (excluding KD 2.3 Land Disposal) by 40%, mainly 700.0 0.2 due to: 200.1 • Higher revenue from Utropolis 600.0 205.3 Glenmarie, Shah Alam development, Utropolis Batu 500.0 Kawan, Penang development, Greenwoods, Salak Tinggi de
Slide 6: Revenue - Contribution By Division
Revenue - Contribution By Division 9M2019 Revenue 9M2018 Revenue 29% 32% 0% 71% 0% 68% Property Co-labs Education Property Co-labs Education 6
Slide 7: PBT
PBT PBT By Division (RM’Million) Property Division Higher PBT (excluding KD Land Disposal) , by 39%, mainly due to: • Higher revenue from Utropolis 140.0 Glenmarie, Shah Alam development, Utropolis Batu 120.0 7.5 28.7 Kawan, Penang development, Greenwoods, Salak Tinggi 100.0 development, and Bukit B
Slide 8: PBT – Contribution By Division
PBT – Contribution By Division 9M2019 PBT 9M2018 PBT 23% 32% 68% 77% Property Education Property Education 8
Slide 9: Statement of Financial Position
Statement of Financial Position RM'000 30/9/2019 31/12/2018 Non-current assets 1,479,706 1,747,452 Current assets 1,527,895 928,178 Total assets 3,007,601 2,675,630 Current liabilities 742,974 835,218 Net current assets 784,921 92,960 Non-current liabilities 843,769 494,127 Total liabilities 1,586,7
Slide 10: Debt/Equity Ratio
Debt/Equity Ratio 30/9/2019 31/12/2018 RM'Mil RM'Mil Borrowings 977.0 900.7 Cash & bank balances 161.6 137.0 Total equity* 1,420.9 1,346.3 30/9/2019 31/12/2018 Gross D/E ratio 0.69 0.67 Net D/E ratio 0.57 0.57 *Included Private Debt Securities of RM250 million (2018: RM200 million) Gross D/E Ratio =
Slide 11: 5-Year Financial Highlights
5-Year Financial Highlights 11
Slide 12: 5-Year Financial Highlights
5-Year Financial Highlights Revenue (RM’Mil) PBT (RM’Mil) 1000 200 800 150 600 100 400 50 200 0 0 2015 2016 2017 2018 9M2019 2015 2016 2017 2018 9M2019 Earnings Per Share (Sen) Net Assets Per Share (RM) 30.00 3.0 20.00 2.0 10.00 1.0 0.00 0.0 2015 2016 2017 2018 9M2019 2015 2016 2017 2018 2019 Note:
Slide 13: 5-Year Financial Highlights
5-Year Financial Highlights Gross Dividend Per Share (sen) and Payout Ratio (%) 20.00 52% 60% 51% 51% 18.00 48% 16.00 50% 40% 14.00 40% 12.00 10.00 30% 8.00 16.00 6.00 20% 4.00 7.50 8.25 8.50 8.50 10% 2.00 - 0% 2014 2015 2016 2017 2018 Note: The Group had paid an interim dividend of 2.0 sen per shar
Slide 14: 9M2019 Highlights
9M2019 Highlights 14
Slide 15: 9M2019 Highlights
9M2019 Highlights Property Division Education Division • Paramount has entered in a sale and • Property sales of 959 units with a sales purchase agreement to dispose its value of RM481 million; controlling equity interests in the pre- • Unbilled sales of RM957 million as at 30 tertiary education gro
Slide 16: Total landbank & GDV
Total landbank & GDV 16
Slide 17: 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 26.7 470 2004 2026 Sekitar26, Shah Alam 11.6 631 2013 2026 Bandar Laguna Merbok, Sungai Petani 0.0 6 Bukit Banyan, Sungai Petan
Slide 18: Total Landbank & GDV
Total Landbank & GDV Remaining Development Period Gross GDV* Project Undeveloped (Million) Lands Start End (Acres) Projects in the Pipeline Lakeside, Cyberjaya 41.4 570 2019 2025 Future Projects Machang Bubuk, Penang 69.2 420 2020 2025 Total 110.6 990 Grand Total 519 7,526 * Comprising potential GDV
Slide 19: Prospect for 2019
Prospect for 2019 19
Slide 20: Prospect
Prospect Growth in the Malaysian economy moderated to 4.4% in 3Q2019 (2Q2019: 4.9%), primarily attributed to lower growth in key sectors and a decline in the mining and construction activities. Overall, the Malaysian economy is expected to grow at a respectable rate of 4.7% in 2019. Paramount Proper
Slide 21: Prospect
Prospect On the coworking space front, Co-labs Coworking has added two new locations in 3Q 2019 bringing the total of about 85,800 sq ft available coworking space in the Klang Valley. In addition, with encouraging uptake from The Starling Mall coworking space, another 15,500 sq ft would be opened in
Slide 22: 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 23: Thank You
—_—— Thank You
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