Cosco Capital, Inc. · PSE:COSCO
Cosco Capital — FY2022 Earnings Presentation
19 slides from Cosco Capital's earnings presentation, April 2023
Slide 1: Cosco Capital, Inc. Full Year 2022 Financial Results
Cosco Capital, Inc. Full Year 2022 Financial Results Investor Presentation 1
Slide 2: Disclaimer
Disclaimer These presentations and/or other documents have been written and presented by COSCO CAPITAL, INC. (COSCO). COSCO is solely responsible for the accuracy and completeness of the contents of such presentations and/or other documents. Third parties, other than COSCO, do not have any responsib
Slide 3: Company Overview
Company Overview 49% 78% 100% 100% Commercial Real Grocery Retailing Liquor Distribution Specialty Retailing Estate • Ellimac Prime KEEPR Holdings, Inc., • Fertuna Holdings (formerly DAVIN) Corp., • Patagonia Holdings Corp., • Nation Realty, Inc. • NE Pacific Shopping Centers Corporation • Pure Petr
Slide 4: Revenue and PATMI Contributions FY 2022
REVENUE AND PATMI CONTRIBUTIONS FY 2022 Revenues CORE PATMI Specialty Retail 1% Liquor Grocery Real Estate 11% Distribution Retailing 63% 5% Real Estate 0.5% Liquor Distribution 25% Grocery Retailing 93.5% Specialty Retail 1% PHP 197.14 billion PHP 7.05 billion +13% vs 2021 +14.7% vs 2021 4
Slide 5: FY 2022 Consolidated Financial Performance
FY 2022 CONSOLIDATED FINANCIAL PERFORMANCE INCREASE (In Thousands) FY2022 % FY2021 % (DECREASE) % REVENUES 197,136,763 100.00% 174,453,773 100.00% 22,682,990 13.00% COST OF SALES/SERVICES 159,204,817 80.76% 140,822,162 80.72% 18,382,655 13.05% GROSS PROFIT 37,931,946 19.24% 33,631,611 19.28% 4,300,3
Slide 6: Grocery Retail: FY 2022 Financial Highlights
Grocery Retail: FY 2022 Financial Highlights (In PHP millions) Revenues Gross Profit and Margin +12.3% +12.4% 184,303 33,820 29,156 30,083 25,951 18.4% 168,632 18.3% 164,125 154,490 17.3% 16.8% FY2019 FY2020 FY2021 FY2022 FY2019 FY2020 FY2021 FY2022 GP GP Margin EBITDA and Margin Net Profit and Marg
Slide 7: Grocery Retail: Operating Highlights
Grocery Retail: Operating Highlights • Puregold opened 24 new stores in 2022, • 5 S&R warehouse clubs currently under development and expected to open in 2023 • Opened 4 QSR in 2022 • As of FY 2022, the Grocery Retailing segment is operating a total of 525 stores PUREGOLD S&R S&R QSR Metro Manila 14
Slide 8: Grocery Retail: Operating Highlights – Sales Performance
Grocery Retail: Operating Highlights Sales Performance 8
Slide 9: Liquor Distribution: Market Leadership
Liquor Distribution: KEEPR has established market leadership in all leading categories of the imported spirits segment1. #1 Non-Cognac Brandy #1 #2 Blended Scotch #1 #2 Malt Scotch #1 #2 US Whiskey #1 Soju #2 Cognac #1 #2 Vodka #1 Gin #2 Rum #1 Agave #1 #2 Flavored Spirits Campari Irish Whiskey #1 N
Slide 10: Liquor Distribution: FY 2022 Financial Highlights
Liquor Distribution: FY 2022 Financial Highlights (In PHP millions) Revenues Gross Profit and Margin +26.5% +18.2% 13,957 4,000 3,474 10,717 11,035 3,500 2,939 3,000 2,458 2,235 8,167 2,500 2,000 27.4% 26.6% 24.9% 1,500 22.9% 1,000 500 FY2019 FY2020 FY2021 FY2022 FY2019 FY2020 FY2021 FY2022 GP GP Ma
Slide 11: Real Estate Segment: FY 2022 Financial Highlights
Real Estate Segment: FY 2022 Financial Highlights (In PHP millions) Revenues Gross Profit and Margin +7.06 +1.27% 2,147 1,486 1,696 1,696 1,816 69.2% 1,085 1,075 1,088 64.0% 63.4% 59.9% FY2019 FY2020 FY2021 FY2022 FY2019 FY2020 FY2021 FY2022 GP GP Margin EBITDA and Margin Net Profit and Margin 1,576
Slide 12: Real Estate Segment: Operating Highlights
Real Estate Segment: Operating Highlights Date Opened: Date Opened: July 21, 2022 Jan. 24, 2023 GLA: GLA: 3,949.74 sqm. 3,220.10 sqm Occupancy: OCCUPANCY 77.66% RATE: 84.87% LOT AREA (sqm) GFA (sqm) GLA (sqm) SUMULONG-ANTIPOLO 4,965.00 7,297.02 3,884.85 BIÑAN 4,911.00 5,167.30 3,253.20 TOTAL 9,876.0
Slide 13: Office Warehouse: FY 2022 Financial Highlights
Office Warehouse: FY 2022 Financial Highlights (In PHP millions) Revenues Gross Profit and Margin +14.9% +18.3% 2,451 642 1,672 1,788 449 484 1,556 409 27.0% 26.2% 26.8% 26.3% FY2019 FY2020 FY2021 FY2022 FY2019 FY2020 FY2021 FY2022 GP GP Margin EBITDA and Margin Net Profit and Margin +14.0 97 +38.3%
Slide 14: Office Warehouse: Operating Highlights
Office Warehouse: Operating Highlights OFFICE WAREHOUSE, INC. • SSSG of +13.8% in 2022 vs -9.7% in 2021 due to opening up of the economy and increased mobility starting 2Q 2022. 2020 2021 2022 No. Stores 89 87 94 Net selling area (in sqm) 15,546 15,267 15,741 14
Slide 15: Sustainability Highlights 2022
Sustainability Highlights 2022 15
Slide 16: Sustainability Highlights 2022
Sustainability Highlights 2022 16
Slide 17: Sustainability Highlights 2022
Sustainability Highlights 2022 17
Slide 18: UN Sustainability Goals
UN Sustainability Goals GOOD HEALTH AND WELL-BEING 1 1 PEACE, JUSTICE AND STRONG @& MAME = SUSTAINABLE ¥, Fate COSCO CLEAN WATER AND SANITATION y 18
Slide 19: Thank you
& COSCO capital i nc or porated Thank you