9M15 Opportunity Day 17 th November 2015 Stock Exchange of Thailand
Agenda Key Highlights Financial Highlights Moving Forward 2
Key Highlights 3
3Q15 Key Achievements Continued positive financial performance amid economic slowdown 3Q15 Consolidated Normalized Net Profit grew 38% YoY to 645 MB 9M15 Consolidated Normalized Net profit was 1,652 MB, grew 22% YOY Satellite business highlights Recognized revenue from China s Synertone revenue sharing More utilization of Thaicom 7 Number of satellite TV channels on THAICOM satellites at 78.5E Increased from 766 channels from 2Q15 to 774 channels in 3Q15 13% HD channels increased (112 to 126 channels) Sustainable Development Top 50 ASEAN CG Scorecard 2014 Thaicom named in Thailand Sustainability Investment 2015 Excellent CG Scoring 2015 for 3rd consecutive year (2013-2015) 4
2015-2019 5
3Q15 Normalized Net Profit continued to grow Consolidated Results Unit: MB 3Q15 Normalized Net profit* + 24% QoQ, + 34% YoY 645 482 203 279 519 (53) 572 * 380 265 3Q14 2Q15 3Q15 * Normalized Net Profit excluded capital gain from selling of the investment, impairment loss for good will and FX gain(loss) after tax 6
9M15 Normalized Net Profit continued to deliver solid growth Consolidated Results Unit: MB Normalized Net profit* + 22% YoY 1,652 1,351 175 275 1,176 1,377 9M14 9M15 * Normalized Net Profit excluded capital gain from selling of the investment, impairment loss for good will and FX gain(loss) after tax 7
Financial Highlights 8
9M15 Top and Bottom lines continuously grew Consolidated Key Financial Highlights Unit: MB + 4% Consolidated revenues grew 4% YoY, driven by sales of Satellite and Internet & Media. 8,843 9,159 Net Profit and Normalized Net Profit grew 17% and 22% YoY respectively, boosted mainly by Satellite and Internet & Media business. 3,621 3,719 3,809 4,204 +17% +22% 1,374 2,122 1,176 1,378 1,351 1,652 Sales and Service Gross Profit EBIT EBITDA Net Profit Attributable 9M14 9M15 to Thaicom Normalized Net Profit 9
9M15: Maintain Positive Momentum on Satellite Revenues and EBITDA Growth Satellite Revenues Unit: MB Satellite EBITDA Unit: MB Satellite Revenues rose 3% YoY Satellite EBITDA Margin improved to 55% 6,549 3% 6,772 7,000 6,000 52% 55% 60% 50% Broadband 50% 46% 5,000 4,000 3,000 3,417 9% 3,723 40% 30% Conventional 50% 54% 2,000 1,000 20% 10% 9M14 9M15-9M14 9M15 0% Conventional revenues boosted by the ramping up of THCOM7 utilization Satellite EBITDA rose 9% YoY 10
Financial Position remains Robust D/E Ratio at 0.66x 1 Strong operating cash flow Unit: MB Unit: MB Equity 17,561 Asset 28,416 2 Consolidated CF 9M15 9M14* Liabilities 3,042 3 9M15 CF from Operating 3,184 2,870 CF from Investing (2,435) (2,745) CF from Financing (1,120) 570 Interest bearing debt 11,645 BE 1,444 Cash 2,388 Ending Cash 2,388 2,986 * Restated 1. Interest-bearing Debt / Equity 2. Excludes Cash and BE 3. Excludes Interest-Bearing Debt 11
Moving Forward 12
Moving Forward Sustainable Organization & Profitable Growth Connectivity Innovation Responsibility Corporate Governance Sustainable Development 13
Thank You 14
Disclaimers Some statements made in this material 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. IR contacts Investor Relations Department E-mail: ir@thaicom.net Website: http://www.thaicom.net/ir.aspx 1. Metinee Isarachinda metineei@thaicom.net +66 2 596 5072 2. Ratchada Srithongpoeng ratchadas@thaicom.net +66 2 596 5073 15