Malaysian Pacific Industries Bhd. · MYX:MPI
Malaysian Pacific Industries Bhd — Q2 FY2018 Earnings Presentation
11 slides from Malaysian Pacific Industries Bhd's earnings presentation, May 2018
Slide 1: Malaysian Pacific Industries Berhad Investors' Briefing Q2 FY18
Malaysian Pacific Industries Berhad Investors’ Briefing Q2 FY18 DIFFERENTIATION THROUGH INNOVATION Differentiation Thru Innovation
Slide 2: Q2 FY18 Summary
Q2 FY18 Summary REVENUE Sequential Revenue Up 5% (USD), 2% (RM) PAT Q2 PAT higher by 11% to RM48.8M vs RM43.8M of last quarter PORTFOLIO Carsem has started Portfolio Transformation. Negotiations are underway and the exercise of informing all TRANSFOR- customers is complete. Double Digit $Million por
Slide 3: MPI Group Results at a Glance
MPI GROUP RESULTS AT A GLANCE Q2 FY18 Q1 FY18 Q2 FY17 Q2 vs Q1 Q2 vs Q2 YTD FY18 YTD FY17 YoY RM mil RM mil RM mil % % RM mil RM mil % Revenue 395.3 387.6 401.4 2% -2% 782.9 759.4 3% PAT 48.8 43.8 67.2 11% -27% 92.6 116.8 -21% PATAMI 41.2 36.2 55.0 14% -25% 77.4 94.7 -18% EPS (sen) 21.69 19.08 28.95
Slide 4: Revenue by Geographical Location of Customers
MPI GROUP – REVENUE BY GEOGRAPHICAL LOCATION OF CUSTOMERS EUROPE 23.7% YTD FY 2018 ASIA USA 25.6% YTD FY2017 19.2% YTD FY2018 57.1% YTD FY 2018 54.7% YTD FY2017 19.7% YTD FY2017 Differentiation Thru Innovation
Slide 5: Revenue by End User Market
REVENUE BY END USER MARKET REVENUE BY END USER MARKET Q2 FY18 REVENUE BY END USER MARKET Q1 FY18 Other, 1% Other, 1% PC / PC / Notebook, Notebook, 10% 10% Automotive, Automotive, 28% Consumer / 28% Consumer / Communications, Communications, 37% 37% Industrial, Industrial, 24% 24% Differentiation Thr
Slide 6: MPI Group – Revenue by Operating Units
MPI GROUP – REVENUE BY OPERATING UNITS REVENUE (USD) REVENUE BY OPERATING UNITS (%) 97 Carsem Dynacraft 95 100% 94% 94% 94% 94% 94% 95 90% 80% 93 92 70% USD Mil 91 60% 91 90 50% 89 40% 89 30% 87 20% 10% 6% 6% 6% 6% 6% 85 0% Q2 Q3 Q4 Q1 Q2 Q2 Q3 Q4 Q1 Q2 FY2017 FY2018 2017 2018 Differentiation Thru I
Slide 7: MPI Group – Capex
MPI GROUP – CAPEX MPI EBITDA VS CAPEX (RM M) MPI CAPEX EBITDA CAPEX CARSEM DYNACRAFT 140 70 0.8 120 60 1.6 100 50 80 40 RM MIL RM MIL 1.4 0.1 60 30 59 53 40 20 1.3 33 31 20 10 18 - - Q2 Q3 Q4 Q1 Q2 Q2 Q3 Q4 Q1 Q2 2017 2018 2017 2018 Differentiation Thru Innovation
Slide 8: Challenges Facing Carsem
CHALLENGES 1 2 3 PORTFOLIO ONE MAJOR CONSUMER SECTOR CONTINUING WAFER TOP LINE TRANSFORMATION CUSTOMER DEFAULTING ON ISSUES WITH FEW CHALLANGES FORECAST BY ~50% CUSTOMERS ACTIONS ➢ INCREASING PRICES ➢ INTRODUCING NEW PORTFOLIO (SENSORS) ➢ IN TALKS WITH CUSTOMERS CHALLENGES FACING CARSEM 1 2 RAW MATE
Slide 9: Carsem – Portfolio Transformation
CARSEM – PORTFOLIO TRANSFORMATION ALLIGNED ROADMAPS WITH IDENTIFIED LEGACY PORTFOLIO CUSTOMERS PRODUCTS DOUBLE DIGIT $ STRONG PORTFOLIO TRANSFORMATION PORTFOLIO WILL BE WITH BETTER BEGAN IN TIMING TO WEED OUT SPECIFIC WEEDED OUT THIS FY TAKING OUT PRODUCTS WITH MARGINS Q1 2017 /18 PRODUCTS IS CRUCIA
Slide 10: Carsem – Transformation Journey
CARSEM – TRANSFORMATION JOURNEY CONCEPTUALIZATION DIFFERENTIATION APPLICATION GROWTH DRIVEN BY SENSORS AUTOMOTIVE CENTRIC PORTFOLIO ONGOING FULLY ONGOING AUTOMATED FACTORIES COMPLETED INVESTMENTS IN SENSORS PORTFOLIO PORTFOLIO & AUTOMATION ALLIGNED TRANSFORMATION ROADMAPS SHORT TERM HORIZON MEDIUM T
Slide 11: Summary
SUMMARY Portfolio Transformation is underway where products with weak margins will be replaced Automotive segment is strengthening and we are seeing positive traction Increasing automation to drive higher quality Introducing new products in key segments – Automotive (SENSORS) & Servers Battling exte
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