Ppb Group Bhd. · MYX:PPB
Ppb Group Bhd — Shareholder Meeting (2021)
27 slides from Ppb Group Bhd's shareholder meeting presentation, Jul 13, 2021
Slide 1: 52nd Annual General Meeting
52nd ANNUAL GENERAL MEETING Presented by : LIM SOON HUAT YAP CHOI FOONG Managing Director Chief Financial Officer Page | 1
Slide 2: Important Notice
IMPORTANT NOTICE Information in this presentation may contain projections and forward looking statements that reflect the Company’s current views with respect to future events and financial performance. These views are based on current assumptions which are subject to various risks and which may cha
Slide 3: Agenda
AGENDA FYE2020 Key Financial Highlights RESILIENCE Key Business Update THROUGH Community Investment AGILITY AND DIVERSITY Prospects Page | 3
Slide 4: Strongest performance in 5 years – FYE2020 profit before tax at RM1.42 billion
Strongest performance in 5 years – FYE2020 profit before tax at RM1.42 billion Profit before tax RM Million CAGR* +3.8% 1,500 1,421 1,400 1,300 1,271 1,272 1,211 1,200 1,168 1,100 1,000 900 800 700 Year 2016 2017 2018 2019 2020 * CAGR = Compounded Annual Growth Rate Page | 4
Slide 5: FYE2020 Key Financial Highlights
FYE2020 Key Financial Highlights (RM’million) 2020 2019 Change Revenue 4,191 4,684 -10.5% Profit Before Taxation 1,421 1,272 11.7% Net Profit 1,317 1,153 14.2% Earnings per share (sen) 92.6 81.0 14.3% Net assets per share (RM) 16.0 15.1 6.0% Dividend per share (sen) 46.0 31.0 48.4% Resilience throug
Slide 6: Major Segments at a Glance
Major Segments at a Glance Grains and Segment revenue (RM’000) agribusiness 2020 2019 3,291,130 3,304,147 Flour milling & manufacturing of animal Segment profit (RM’000) feed, wheat & maize 2020 2019 trading, production of 271,682 213,010 day-old-chicks, eggs & other related Segment profit increased
Slide 7: Major Segments at a Glance (continued)
Major Segments at a Glance (continued) Consumer Segment revenue (RM’000) products 2020 2019 628,275 627,440 Marketing and distribution Segment profit (RM’000) of edible oils & 2020 2019 consumer products, production & distribution 31,548 647 of frozen food & bakery products The segment recorded a pr
Slide 8: Major Segments at a Glance (continued)
Major Segments at a Glance (continued) Film exhibition Segment revenue (RM’000) and distribution 2020 2019 114,255 556,127 Segment (loss)/profit (RM’000) Exhibition & 2020 2019 distribution of movies (135,598) 66,838 and content Performance was significantly impacted by the Covid-19 pandemic resulti
Slide 9: Major Segments at a Glance (continued)
Major Segments at a Glance (continued) Environmental engineering Segment revenue (RM’000) and utilities 2020 2019 189,543 194,839 Construction works specializing in Segment profit (RM’000) the water & 2020 2019 environmental industries 14,382 11,272 & provision of waste management Segment profit inc
Slide 10: Major Segments at a Glance (continued)
Major Segments at a Glance (continued) Segment revenue (RM’000) Property 2020 2019 67,046 64,635 Letting of Segment profit (RM’000) commercial properties 2020 2019 and development 3,940 13,891 of residential and commercial properties Segment profit declined by 72%, due mainly to: lower rental inco
Slide 11: Major Segments at a Glance (continued)
Major Segments at a Glance (continued) Segment revenue (RM’000) Other operations 2020 2019 61,293 92,372 Comprising mainly - 18.6% Segment profit (RM’000) equity interest in Wilmar 2020 2019 International Limited (“Wilmar”), Asia’s largest 1,263,906 1,009,320 integrated agribusiness groups, and othe
Slide 12: Agenda
AGENDA FYE2020 Key Financial Highlights RESILIENCE Key Business Update THROUGH Community Investment AGILITY AND DIVERSITY Prospects Page | 12
Slide 13: Grains and agribusiness
Grains and agribusiness Our 51% owned subsidiary, VFM Wilmar Flour Mills Limited, located in Quang Ninh, Vietnam, is expanding its capacity to 1,000 mt per day by constructing a new 500 mt per day wheat flour mill, at an estimated cost of USD19.7 million Expected to be completed by Q3 2021. Page
Slide 14: Consumer products
Consumer products On 24 June 2020, the Group acquired Completed the construction of a new remaining 70% not already owned in FFM production facility for halal-certified Further Processing Sdn Bhd for a total frozen food in Pulau Indah at an consideration of RM 31.5 million estimated cost of RM22
Slide 15: Consumer products (continued)
Consumer products (continued) New products launched during the year :- Snow Brand MBP® NeoMilk Marina Pasta Sauce with Tuna Massimo Primo sandwich roll Massimo Lemon Krunch cream roll Page | 15
Slide 16: Film exhibition and distribution
Film exhibition and distribution Todate, the Group operates :- Country Screens Locations Malaysia 339 33 Vietnam 108 18 Various movement restrictions only allowed cinemas to open for about 6 months throughout 2020 with reduced capacity of 50% Adopted the new norm in cinema operating procedures
Slide 17: Film exhibition and distribution (continued)
Film exhibition and distribution (continued) Launched Keepsake, an e-Commerce Launch GSC Rewards – allow platform on 17 August 2020. moviegoers to earn GSCoins (points) for redemption of complimentary movie ticket & concession vouchers. Grabfood popcorn and concession snack delivery. Page | 17
Slide 18: Film exhibition and distribution (continued)
Film exhibition and distribution (continued) Launching a new F&B Brand, Happy Food Co, across our cinemas. The 1st cafe will be launched in Southkey Johor Bahru in 2H 2021 Entered into agreement in February 2021 to acquire cinema assets from the former operator of the MBO cinema circuit, target
Slide 19: Environmental engineering and utilities
Environmental engineering and utilities Key highlights for FYE 2020: Completed New projects projects secured RM33 million RM110 million (Sarawak & (Johor & Kuala Lumpur) Sarawak) RM410 million Tendered Order book RM400 million projects Page | 19
Slide 20: Property
Property Rebranded to PPB Properties to strengthen its identity and increase brand awareness Construction of Megah Rise has progressed up to level 40, the roof top of the tower block in May 2021, expected completion by January 2022 Page | 20
Slide 21: Agenda
AGENDA FYE2020 Key Financial Highlights RESILIENCE Key Business Update THROUGH Community Investment AGILITY AND DIVERSITY Prospects Page | 21
Slide 22: Community Investment
Community Investment The Group has contributed a total of RM2.6 million towards Covid-19 initiatives in FY2020 We will continue to support the vulnerable communities and those in need > 150,000 ITEMS 3,500L Food & beverages Hand sanitisers 60,000 PCS 1.515 mil PCS 16,648 bottles N95 masks Massim
Slide 23: Agenda
AGENDA FYE2020 Key Financial Highlights RESILIENCE Key Business Update THROUGH Community Investment AGILITY AND DIVERSITY Prospects Page | 23
Slide 24: Prospects
Prospects Flour milling – focus on growth opportunities in institutional buyers and developing export markets Grains and Livestock farming & animal feed milling – gradual recovery expected as the agribusiness pandemic situation improves More cautious on rising grain prices. Managing rising pri
Slide 25: Prospects (continued)
Prospects (continued) Environmental Continue to focus on replenishing our order book and exploring new engineering project opportunities and utilities Outlook remains challenging Various initiatives are being put in place to improve footfall in our malls Property and boost sales of our develop
Slide 26: Prospects (continued)
Prospects (continued) The Covid-19 pandemic will continue to weigh down the Film exhibition and distribution and Property segments Expect the performance of the Grain and agribusiness segment to be satisfactory, with key focus on managing the volatility of grain prices Wilmar's performance wil
Slide 27: Thank You
e- ye PPB GROUP BERHAD Thank You