Yoma Strategic Holdings Ltd. · SGX:Z59
Yoma Strategic — 2Q2016 Earnings Presentation
26 slides from Yoma Strategic's earnings presentation, Nov 13, 2015
Slide 1: 2Q2016 Results Presentation
2Q2016 Results Presentation 13 November 2015
Slide 2: Disclaimer
Disclaimer The material presented herein is for your general information only and nothing herein shall be considered to be business or legal advice. No representation, warranty or recommendation whatsoever as to the merits of investing in any company, entity or financial instrument is to be read or
Slide 3: Results Highlights
Results Highlights
Slide 4: 2Q2016 Financial Highlights
2Q2016 Financial Highlights S$ million Pre-election slowdown in property market resulted in lower revenue and net profit S$ million 45 Revenue 41.2 40 Gross Profit Net Profit Attributable to Shareholders 35 30.2 30 27.5 27.6 27.0 25.0 25 22.6 20.5 19.9 20 17.3 15.2 15.5 13.6 2 15 13.0 13.4 12.8 13.0
Slide 5: 2Q2016 Financial Highlights
2Q2016 Financial Highlights Lower sales of residences and LDRs mainly from Star City development Rental revenue continues to grow supported by favorable leasing environment S$ million Revenue Sales of residences and LDRs Rental of properties Real estate services 45 40.8 40 2.7 0.7 35 Including
Slide 6: 2Q2016 Financial Highlights
2Q2016 Financial Highlights Non-real estate revenue grew strongly due to automotive and KFC businesses S$ million Revenue Automotive Food & Beverages 9 8 7.8 First KFC outlet 7 contributing its 1.4 maiden revenue 6 5 4 Mainly driven by New Holland 3 6.4 tractors business 2 1 0.4 0.4 0 2Q2015 2Q2016
Slide 7: Profit and Loss Items
Profit and Loss Items S$ million 2Q2015 2Q2016 Revenue 41.2 19.9 Cost of sales -25.7 -11.0 Driven by the currency translation gain 1 Gross profit 15.5 8.9 from the revaluation of US dollar Other gains, net 10.6 6.9 receivables Expenses 0.0 0.0 - Finance -0.4 -3.9 Driven by the increase in borrowings
Slide 8: Balance Sheet Key Items
Balance Sheet Key Items 31 Mar 30 Sept S$ million 2015 2015 Cash and cash equivalents 20.0 18.0 Used for operations and investment Trade and other receivables 89.2 73.8 Large land bank in PHGE Development properties 169.2 187.4 and Star City Land development rights 227.2 227.2 Includes Building A5 i
Slide 9: Business Review
Business Review 9
Slide 10: Business Review
Business Review REAL CONSUMER ESTATE Tourism, Agriculture, AUTOMOTIVE Logistics & Investments 10
Slide 11: Star City
Star City Recurring income from rental is expected to grow ‐ 119 out of 150 units have been furnished and leased out to-date Building A4 is at its final stage of construction ‐ Approximately S$3.3 million is expected to be recognised within the next quarter Swimming Pool at A5 Residences at Zone
Slide 12: Thilawa SEZ
Thilawa SEZ The first phase of Myanmar’s Thilawa Special Economic has opened on September 2015 with the first factories starting operation Myanmar and Japanese officials cut ribbons during the opening ceremony of the Thilawa Special Economic (Reuters photo) 12 11
Slide 13: Pun Hlaing Golf Estate
Pun Hlaing Golf Estate Completion of Pun Hlaing Office and Hotel is expected in 2016 and will generate more rental income Pun Hlaing Hotel – 46 rooms 13 Pun Hlaing Office – Estimated GFA: 10,000 sqm
Slide 14: Pun Hlaing Golf Estate
Pun Hlaing Golf Estate Rose Garden Villas Lotus Place Villas 1 villa sold in 2Q2016 1 villa sold in 2Q2016 11 out of 11 houses sold 13 out of 20 houses sold House Area: 4,153 sq ft House Area: 4,565 sq ft Site Area: 7,800 – 10,782 sq ft Site Area: 4,124 sq ft Remaining landbank - 70% stake in 4.8 mi
Slide 15: Business Review
Business Review REAL CONSUMER ESTATE Tourism, Agriculture, AUTOMOTIVE Logistics & Investments 15
Slide 16: Sales Performance
Sales Performance Continues to see good sales supported by increased mechanisation of the country’s agriculture sector Expects sales to pick up in 2H2016 which is typically the higher selling season as Myanmar’s rainy season ends in early October Tractors and Implements Sales 243 Tractors 99 449
Slide 17: Training
Training 2Q2016 was spent mainly on training due to rainy season 16
Slide 18: Yoma Fleet
Yoma Fleet Vehicle operating lease and rental No. Number of Vehicles business for commercial vehicles on 300 280 medium to long term lease contracts 250 Fleet has been expanding quickly driven by incoming MNCs 200 149 152 Clients include Lafarge, Linfra and 150 124 Carlsberg 100 84 Expects t
Slide 19: Business Review
Business Review REAL CONSUMER ESTATE Tourism, Agriculture, AUTOMOTIVE Logistics & Investments 19
Slide 20: Outlet Two Opens at Junction Square
Outlet Two Opens at Junction Square Soft opening on 27th Oct and Grand Opening on 4th Nov Invited kids from Grace Homes to have their first taste of KFC 19
Slide 21: Outlet Three Opening Soon
Outlet Three Opening Soon Work-in-progress Renderings of the store Opening in the coming weeks 21
Slide 22: Recent Marketing Initiatives
Recent Marketing Initiatives Thadingyut is a time when Burmese people give gifts and our Egg Tarts are the perfect gift. Special packaging inspired by local handicraft. Promoted through social media and print advertisement Over 15,000 likes 22
Slide 23: Business Review
Business Review REAL CONSUMER ESTATE Tourism, Agriculture, AUTOMOTIVE Logistics & Investments 23
Slide 24: Investments
Investments Myanmar Towers Company (“MTC”) In final stages of discussions with edotco regarding 25% stake in telecom tower business. edotco is a wholly-owned subsidiary of Axiata Group Berhad and is the biggest independent communications infrastructure services company in Malaysia. MTC has 1,2
Slide 25: Outlook
Outlook Myanmar held its general election on 8th November 2015 25
Slide 26: Q&A
Q&A 26
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