Intouch Holdings Plc. Opportunity Days 19 Aug 2014

Transcription

1 Intouch Holdings Plc Opportunity Days 19 Aug

2 INTOUCH 1H14 Key Highlights Corporate name: Intouch Holdings Plc Trading symbol: INTUCH transcosmos acquired newly-issued share of Ookbee % ownership: 25.03% -> 22.26% 2014 DPS at Bt4.39 Bt2.16 for the period of 1 Jan 27 Mar 14 Bt2.23 for the period of 28 Mar 13 Aug 14 INTOUCH changed the dividend policy from not less than 40% to pass through dividend received after deducting operating expenses. Prepared by Group Investor Relations 2

3 Strong Balance Sheet Consolidated (Btmn) Standalone (Btmn) Net Cash Position of Bt2.1bn Key Ratio: ROA 14.2% ROE 30.5% Total debt/equity 0.59X As of 30 June 2014 Prepared by Group Investor Relations 3

4 INTOUCH Group 2Q14 Financial Highlights -4.7% YoY -8.4% QoQ Prepared by Group Investor Relations 4

5 Normalized Profit Contribution : H14 0.5% 3.2% 5.0% Prepared by Group Investor Relations 5

6 Telecommunication Business Prepared by Group Investor Relations 6

7 AIS 2Q14 & 1H14 Key Financial Highlights Financial Highlights (Bt million) 2Q13 1Q14 2Q14 YoY QoQ 1H13 1H14 YoY Service revenue ex.ic 29,101 28,967 29, % 2.2% 58,600 58, % 2G revenue* 25,451 11,304 6,387 75% 44% 53,525 17,691 67% 3G revenue** 2,340 16,091 21, % 34% 2,340 37,636 1,508% Sales revenue 4,209 5,646 5,024 19% 11% 9,361 10,670 14% EBITDA 15,753 16,454 15, % 4.0% 32,045 32, % Net profit 9,195 9,481 8, % 11% 19,117 17, % Service margin 47.1% 53.0% 50.3% 3.2% 2.7% 47.3% 51.6% 4.3% Consolidated EBITDA margin 42.5% 45.1% 43.3% 0.8% 1.8% 41.0% 44.0% 3.0% Capex 5,994 8,017 7,444 24% 7.1% 11,970 15,461 29% *2G refers to 900 & 1800MHz operation under Build-Transfer-Operate contract **3G refers to 2100MHz operation under license issued by NBTC Prepared by Group Investor Relations 7

8 3G subscriber migration beat the target, revised guidance Q14 2Q k 16.8k 19.3k 13.2k FY14 target 20k 3G sites 77 provinces 70% population coverage 77 provinces 90% population coverage 77 provinces 97% population coverage 77 provinces 95% population coverage %3G to total subs 40% 27% 62% 40% 80% 85%* 50% 46% 46% 45%* 3G device penetration * Guidance revision Prepared by Group Investor Relations 8

9 97% pop. coverage 80% 19,300 3G BTS 3G to total subs 15.9mn 3G device on 2.1GHz 2014 Products & Services Co brand handset Value our subscribers Exclusive services AIS Super Combo Black Series Serenade Emerald AIS Mobile Care Prepared by Group Investor Relations 9

10 Growing demand for mobile data Million subscribers Data users +31% YoY Non-data users Data users 25 20% Baht +19% YoY Data ARPU Base on data users +240% YoY MB Data VOU Base on data users 2Q13 3Q13 4Q13 1Q14 2Q14 Prepared by Group Investor Relations 10

11 Satellite & Media Business Prepared by Group Investor Relations 11

12 THCOM 2Q14 & 1H14 Key Financial Highlights Financial Highlights (Bt million) 2Q13 1Q14 2Q14 YoY QoQ 1H13 1H14 YoY Sales & Service revenues 1,794 2,374 2,449 37% 3.2% 3,567 4,824 35% Satellite and related services 1,587 2,103 2,157 36% 2.6% 3,129 4,261 36% Gross profit ,093 43% 24% 1,465 1,977 35% EBITDA 947 1,066 1,331 41% 25% 1,758 2,398 36% EBIT % 46% 706 1,100 56% Net profit % 25% % EBITDA margin 52.8% 44.9% 54.4% 1.6% 9.5% 49.3% 49.7% 0.4% Net margin 10.6% 16.8% 20.3% 9.7% 3.5% 14.6% 18.6% 4.0% Prepared by Group Investor Relations 12

13 THCOM 1H14 Key Highlights Continued positive financial performance Consolidated net profit of 2Q14 grew 162% YoY Additional revenue from Conventional Commercialized services to support Digital Terrestrial TV (DTT) For MUX operators (TV5 and MCOT) since Mar14 For Must Carry channels (26 C & 26 Ku) since Apr14 Number of satellite TV increased from 641 channels in 2013 to 677 channels (116 HD channels) in 1H14 End-to-End solutions Signed service agreement with Nok Air for In-flight Connectivity solution in Mar; expected to start the service in 3Q14 Launched a 2 nd Screen App MCONNECT for MCOT in May 14 THAICOM 8 Successfully acquired approval from NBTC to operate THAICOM 8 under existing ; expect to launch in 1H16 Prepared by Group Investor Relations 13

14 Broadcast Service: To support HD & Ultra HD broadcasting Higher Broadcast Resolution Lower TV/IRD costs More households More channels More demand for satellite bandwidth SD HD 4K 8K 0 Source : Thaicom PLC Number of Satellite TV channels on H14 SD channel HD channel HD 57% Projected pay DTH channels in Thailand HD channels to grow 45% CAGR, and 8% CAGR, Unit: channels HD channels to replace all SD channels by Source : Value Partners Prepared by Group Investor Relations 14 SD HD > 100 TPEs

15 Broadband Service: To support exponential growth in broadband services Broadband Access More subscribers & consumption More backhaul/offloading Mobility requirements Business continuity concerns More demand for satellite bandwidth Enterprise Data Mobility Services: More Data Consumption Source: NSR Business Continuity & Resiliency Prepared by Group Investor Relations 15

16 CSL 2Q14 & 1H14 Key Financial Highlights Financial Highlights (Bt million) Sales & Service revenues 2Q13 1Q14 2Q14 YoY QoQ 1H13 1H14 YoY % 7.6% 1,512 1, % Gross profit % 4.9% % EBITDA % 9.8% % EBIT % 13% % Normalized net profit % 14% % Gross margin 42.7% 44.1% 39.0% 3.7% 5.1% 43.7% 41.5% 3.8% Normalized profit margin 14.7% 15.9% 12.7% 2.0% 3.2% 15.6% 14.2% 1.4% Prepared by Group Investor Relations 16

17 Trusted infrastructure for your valuable data THE CLOUD Data Center by CS LOXINFO Trusted infrastructure for your precious data D A T A C E N T E R Prepared by Group Investor Relations 17

18 Disclaimer Some statements made in this presentation are forward-looking statements with the relevant assumptions, which are subject to various risks and uncertainties. These include statements with respect to our corporate plans, strategies and beliefs and other statements that are not historical facts. These statements can be identified by the use of forward-looking terminology such as may, will, expect, anticipate, intend, estimate, continue plan or other similar words. The statements are based on our management s assumptions and beliefs in light of the information currently available to us. These assumptions involve risks and uncertainties which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Please note that the company and executives/staff do not control and cannot guarantee the relevance, timeliness, or accuracy of these statements. INTOUCH INVESTOR RELATIONS ir-intouch@intouchcompany.com TEL Prepared by Group Investor Relations 18

19 Q & A Prepared by Group Investor Relations 19