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PPB GROUP BERHAD. Analyst & Press Briefing. Unaudited 1H09 Results. 26 August 2009. - PowerPoint PPT Presentation
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1 PPB GROUP BERHAD Disclaimer : The contents of this presentation include materials which may be capable of being interpreted as forward-looking statements. Such statements are merely estimates and targets, based on circumstances and reasonable assumptions which apply only at the date of such statements. Accordingly, no reliance should be placed on any forward-looking statements, express or implied, contained in this presentation. Analyst & Press Briefing Unaudited 1H09 Results 26 August 2009
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Page 1: PPB GROUP BERHAD

1

PPB GROUP BERHAD

Disclaimer: The contents of this presentation include materials which may be capable of being interpreted as forward-looking statements. Such statements are merely estimates and targets, based on circumstances and reasonable assumptions which apply only at the date of such statements. Accordingly, no reliance should be placed on any forward-looking statements, express or implied, contained in this presentation.

Analyst & Press BriefingUnaudited 1H09 Results26 August 2009

Page 2: PPB GROUP BERHAD

Agenda

2

1. Group Financial Highlights

6. Share Information

5. Prospects for 2009

4. Dividend Record

2. Review of Major Operations

3. 5-Year Financial Performance

Page 3: PPB GROUP BERHAD

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Group FinancialHighlights

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* Includes 6-month share of Wilmar results amounting to RM519 million (2008 : RM473 million).PPB Group has adopted FRS139 – Financial Instruments : Recognition and Measurement with effect from 1-1-

09.

Financial Results for the period ended 30 June

1.606 bil 1.651 bil

2009 (RM) 2008 (RM) Change

3%

3%

8%

7%

Profit Attributable to Shareholders

1.491 bil

713.9 mil

669.4 mil

56.46 sen

1.441 bil

775.1 mil

716.2 mil

60.42 senEPS

PBT*

Operating Expenses

Revenue

7%

Page 5: PPB GROUP BERHAD

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Financial Ratios

30 June 2008

ROE Attributable to Shareholders 5.0% 6.3%

RM11.35 RM10.32

Net Assets Per Share Attributable to Shareholders

60.42 sen56.46 senEPS

30 June 2009

30 June 2009 31 Dec 2008

Page 6: PPB GROUP BERHAD

Segmental Informationfor the period ended 30 June 2009

6

Sugar & Cane 36.38%

Grains Trading,Flour & Feed

Milling34.63%

Waste Management &

Utilities3.59%

Film Exhibition5.57%

Property1.30%

Others*18.53%

Total Revenue RM1.606 billion

*Others :-•Chemicals Trading & Manufacturing •Livestock Farming•Shipping•Consumer Products•Packaging•Others

Page 7: PPB GROUP BERHAD

Segmental Informationfor the period ended 30 June 2009

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Sugar & Cane 60.15%

Grains Trading,Flour & Feed

Milling14.31%

Waste Management &

Utilities0.42%

Film Exhibition8.94%

Property6.15%

Others10.03%

Total Operating Profit

RM137 million*Others :-•Chemicals Trading & Manufacturing •Livestock Farming•Shipping•Consumer Products•Packaging•Others

Page 8: PPB GROUP BERHAD

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ReviewOf

MajorOperations

Page 9: PPB GROUP BERHAD

Review of Major Operations

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SUGAR & CANE OPERATIONS

Revenue improved by 28.3%. Overall sales volume increased by 2.4% from 333,230 mt to 341,217 mt with domestic sales up by 7.1% and export sales down by 32%.

Operating Profit is maintained.

RM MILLION

28.3%

17.6%

Page 10: PPB GROUP BERHAD

Review of Major Operations

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GRAINS TRADING, FLOUR AND FEED MILLING

Revenue for 1H09 was affected by :-•lower consumption of flour and feed and competition from imported cheaper and lower quality flour.

•Finished products ie. flour and feed prices fell faster than raw material prices.

As a result, operating profit was lower at RM19.7 million.

RM MILLION

13.2%

80.7%

Page 11: PPB GROUP BERHAD

Review of Major Operations

11

0

10

20

30

40

50

60

70

80

Revenue Operating Profit

72.2

1

60.5

0.58

1H081H09

ENVIRONMENTAL ENGINEERING, WASTE MANAGEMENT & UTILITIES

Revenue and operating profit for 1H09 were lower due to near completion of current projects for which revenue is yet to be recognised in the accounts.

RM MILLION

16.2%

42%

Page 12: PPB GROUP BERHAD

Review of Major Operations

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0

10

20

30

40

50

60

70

80

90

100

Revenue Operating Profit

88.1

12.4

93.8

12.3

1H081H09

RM MILLION FILM EXHIBITION AND DISTRIBUTIONRevenue for 1H09 improved due to the

opening of 2 new cinemas, namely, GSC 1 Borneo (June 08) and GSC Dataran Pahlawan (July 08).

Operating profit is maintained.

On 23 June 09, GSC opened its 8-screen cinema at Tropicana Mall, PJ and will expanding its current 5-screen cinema at IOI Mall with an additional 4 screens which will be ready in September 09.

GSC will be opening a 9-screen cinema at East Coast Mall in Kuantan by end-2009.

6.5%

0.8%

Page 13: PPB GROUP BERHAD

Review of Major Operations

13

0

5

10

15

20

25

30

35

Revenue Operating Profit

34

11.5

21.9

8.5

1H081H09

PROPERTY INVESTMENT AND DEVELOPMENT

Revenue for 1H09 was affected by the economic slowdown.

Operating profit was derived mainly from the property development and property investment divisions.

RM MILLION

26.1%

35.6%

Page 14: PPB GROUP BERHAD

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5-YearFinancial

Performance

Page 15: PPB GROUP BERHAD

5-Year PBT of PPB Group

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0100200300400500600700800900

1,0001,1001,2001,3001,4001,500

2005 2006 2007 2008 Jan - June 2009

609 840 763 1,401 714

RM Million

Year

Page 16: PPB GROUP BERHAD

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DividendRecord

Page 17: PPB GROUP BERHAD

Dividend Record

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 Dividend Net Net

Payout RatioPer Share Dividend Dividend

  Gross Net Paid/payable Yield Group CompanyYear (sen) (sen) (RM Million) (%) (%) (%)

2009Interim* 5 5 59.275 0.4 8.9 1.1

2008 85 68.88 816.572 7.4 63.5 116.0

2007 30 22.15 262.588 2.0 41.9 63.7

2006 20 14.55 172.490 2.7 30.8 103.62005 20 14.40 170.712 3.5 43.3 115.9*The Board declared an interim single tier dividend of 5 sen per share for the financial year 2009 which is payable on 25 September 2009.

Page 18: PPB GROUP BERHAD

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Prospectsfor

2009

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Prospects for 2009

Prices of wheat, fuel and ocean freight will continue to be key factors affecting the grains, flour and feed milling operations.

If the H1N1 is controlled, the cinema operations should be able to maintain its operations.

Prospects for the second half of 2009 will remain challenging for the sugar operations due to a strong swing up in raw sugar prices. The sugar refinery will have to balance between maintaining reasonable margins and adequate sugar supply in the domestic market due to strong demands.

Page 20: PPB GROUP BERHAD

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Prospects for 2009

The global economic slowdown will continue to affect PPB Group’s performance for the rest of 2009 in respect of lower demand and margins for goods and services offered by the Group. Overall, PPB Group’s operations are expected to perform satisfactorily.

The Property division will continue explore new land bank at strategic locations and will continue to review and strategise to ensure business growth and profitability.

Page 21: PPB GROUP BERHAD

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ShareInformation

Page 22: PPB GROUP BERHAD

Share Performance

2008 2009

Page 23: PPB GROUP BERHAD

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Questions&

Answers


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