22 slides from Paramount Corp. Bhd's earnings presentation, Aug 17, 2016
Slide 1: Unaudited 6M2016 Results
Unaudited 6M2016 Results 17 August 2016 1
Slide 2: 2Q2016 & 6M2016 Results
PARAMOUNT 2Q2016 & 6M2016 Results
Slide 3: 2Q2016 vs 2Q2015 Financial Results
2Q2016 vs 2Q2015 Financial Results 2Q2016 2Q2015 +/- % Revenue RM'Mil 145.3 115.3 30.0 26% Profit before tax RM'Mil 32.9 22.1 10.8 49% EBITDA RM'Mil 39.5 29.2 10.3 35% Profit net of tax RM'Mil 25.5 15.7 9.8 62% Profit attributable to ordinary equity holders of the company RM'Mil 23.9 14.1 9.8 70% Ea
Slide 4: 6M2016 vs 6M2015 Financial Results
6M2016 vs 6M2015 Financial Results 6M2016 6M2015 +/- % Revenue RM'Mil 258.6 280.3 (21.7) -8% Profit before tax RM'Mil 53.0 55.7 (2.7) -5% EBITDA RM'Mil 65.9 68.7 (2.8) -4% Profit net of tax RM'Mil 40.4 40.5 (0.1) 0% Profit attributable to ordinary equity holders of the company RM'Mil 33.6 37.3 (3.7)
Slide 5: Revenue
Revenue Revenue By Division (RM’Million) Property Revenue decreased by 0.7 Division 12% due to: 300.0 0.5 • Lower sales from the Utropolis and Sekitar26 250.0 73.5 Business developments. 76.0 Education Revenue increased 200.0 Division marginally by 3% due to higher student population 150.0 at KDU Un
Slide 6: Revenue - Contribution By Division
Revenue - Contribution By Division 6M2016 Revenue 6M2015 Revenue 29% 26% 71% 74% Property Education Property Education 6
Slide 7: PBT
PBT PBT By Division (RM’Million) Property In line with the lower Division revenue, PBT decreased by 21%. 60.0 12.3 23.2 Education PBT increased by 89% due 50.0 Division to: • Higher PBT from Sri 40.0 KDU primary and 30.0 secondary schools 46.2 • Lower losses from KDU 20.0 36.7 University College in
Slide 8: PBT – Contribution By Division
PBT – Contribution By Division 6M2016 PBT 6M2015 PBT 21% 39% 61% 79% Property Education Property Education 8
Slide 9: Statement of Financial Position
Statement of Financial Position RM'000 30/6/2016 31/12/2015 Non-current assets 1,526,083 1,479,919 Current assets 384,542 450,304 Total assets 1,910,625 1,930,223 Current liabilities 358,518 377,484 Net current assets 26,024 72,820 Non-current liabilities 452,670 462,116 Total liabilities 811,188 83
Slide 10: Debt/Equity Ratio
Debt/Equity Ratio 30/6/2016 31/12/2015 RM'Mil RM'Mil Borrowings 558.4 549.6 Cash & bank balances 67.1 149.6 Total equity* 1,099.4 1,090.6 30/6/2016 31/12/2015 Gross D/E ratio 0.51 0.50 Net D/E ratio 0.45 0.37 *Included Private Debt Securities of RM200 million Gross D/E Ratio = Total Borrowings/Total
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) 800 120 100 600 80 400 60 40 200 20 0 0 2012 2013 2014 2015 6M2016 2012 2013 2014 2015 6M2016 Earnings Per Share (Sen) Net Assets Per Share (RM) 20.0 2.2 15.0 2.1 10.0 2.0 5.0 0.0 1.9 2012 2013 2014 2015 6M2016 2012 2013 2014 2015 6M2016 12
Slide 13: 5-Year Financial Highlights
5-Year Financial Highlights Gross Dividend Per Share (sen) and Payout Ratio (%) 12.00 60% 51% 52% 48% 50% 47% 10.00 50% 8.00 40% 6.00 30% 10.00 4.00 8.00 8.00 7.50 8.25 20% 2.00 10% - 0% 2011 2012 2013 2014 2015 The Board has declared an interim dividend of 2.50 sen per share for the financial year
Slide 14: 6M2016 Highlights
PARAMOUNT 6M2016 Highlights
Slide 15: 6M2016 Highlights
6M2016 Highlights Property Division Education Division • Higher sales recorded in Q22016 on • Higher student number at KDU UC and higher priced products Sekitar26 KDU College PJ contributed to the higher Business’ commercial properties and revenue. Sejati Residences’ bungalows and semi- detached res
Slide 16: Total Landbank & GDV
PARAMOUNT TotalLlandbank & GDV
Slide 17: Total Landbank & GDV
Total Landbank & GDV Remaining Development Period Original Land Project GDV Size (Acre) (Million) Start End On going Developments Sekitar26 Business, Shah Alam 13.5 0 2013 2016 Paramount Utropolis, Glenmarie 11.8 274 2013 2023 Bandar Laguna Merbok, 500 14 1996 2016 Sungai Petani Bukit Banyan, Sungai
Slide 18: Total Landbank & GDV
Total Landbank & GDV Development Period Land Size GDV Project (Acre) (Million) Start End Projects in the Pipeline Section 13, Petaling Jaya 5.2 701 2016 2020 Jalan Goh Hock Huat, Klang 29.16 1,052 2016 2026 Batu Kawan, Penang 20 1,368 2016 2026 Machang Bubuk, Penang 65 395 2017 2025 Future Projects
Slide 19: Prospect for 2016
PARAMOUNT Prospect for 2016
Slide 20: Prospects
Prospects • The Group remains cautiously optimistic about its performance for the rest of the year; given that the Business Conditions Survey has improved, from 92.9 points in 1Q2016 to 106.4 points in 2Q2016. The Consumer Sentiments Index has also increased to 78.5 points from 72.9 points, but rema
Slide 21: Disclaimer
Disclaimer 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 unc
Slide 22: Thank You
eee Thank You