Intouch Holdings Plc. Opportunity Days 13 Nov 2014

Transcription

1 Intouch Holdings Plc Opportunity Days 13 Nov

2 3Q14 INTOUCH Group Key Highlights Joint Venture with Kantana Gossip Girl Achieved nationwide coverage with 20,500 3G base stations and 88% 3G subs migration Thaicom 7 successfully launched into the 120 degrees East in 7 Sep

3 INTOUCH Strong Consolidated Net Profit Growth Unit : Baht million 12% YoY 3,827 3,782 3,389 3,478 3,504 3Q13 4Q13 1Q14 2Q14 3Q14 3

4 INTOUCH Group 3Q14 Financial Highlights +12% YoY +7.9% YoY 4

5 INTOUCH Healthy Standalone Net Cash Position Unit : Baht million Assets Others 93 Cash 2,409 12,193 Investment Liabilities Liabilities&Equity ,349 Equity 5

6 INTOUCH Group Profit Contribution : M14 0.5% 3.2% 4.4% 6

7 Telecommunication Business 7

8 AIS 3Q14 & 9M14 Key Financial Highlights Financial Highlights (Bt million) 3Q13 2Q14 3Q14 YoY QoQ 9M13 9M14 YoY Service revenue ex.ic 28,946 29,604 29, % 0.7% 87,546 87, % 2G revenue* ,387 3,760 81% 41% 73,344 21,451 71% 3G revenue** 7,817 21,545 23, % 11% 10,157 61, % Sales revenue 3,687 5,024 4,208 14% 16% 13,048 14,878 14% EBITDA 15,329 15,804 16, % 4.0% 47,375 48, % Net profit 8,341 8,475 8, % 5.7% 27,458 26, % Service margin 49.2% 50.3% 53.1% 3.9% 2.8% 47.9% 52.1% 4.2% Consolidated EBITDA margin 44.5% 43.3% 46.5% 2.0% 3.2% 43.1% 45.0% 1.9% Capex 6,975 7,444 10,235 37% 47% 18,945 25,696 36% *2G refers to 900 & 1800MHz operation under Build-Transfer-Operate contract **3G refers to 2100MHz operation under license issued by NBTC 8

9 Success 3G subscriber migration & 3G handset adoption Q14 3Q k 19.3k 20.5k 13.2k FY14 target 20k 3G sites 77 provinces 70% population coverage 77 provinces 97% population coverage 77 provinces 97% population coverage 77 provinces 95% population coverage %3G to total subs 40% 27% 80% 40% 88% 85% 50% 46% 49% 45% 3G device penetration 9

10 97% pop. coverage 88% 20,500 3G BTS 3G to total subs 19mn 3G device on 2.1GHz 2014 Products & Services New series of Lava Value our subscribers Partnered with CIMB New service for Prepaid AIS Super Combo Black Series Discount handsets with bundling packages Beat Banking on mpay Online service for prepaid customers to handle all mobile usage with ease and convenience 10

11 Growing demand for mobile data Data users (Million subscribers) Q13 1Q14 2Q14 3Q14 20% Smartphone penetration (% of total subscriber) 26% 29% 32% 34% 4Q13 1Q14 2Q14 3Q14 Data usage (MB/month/user) Q13 1Q14 2Q14 3Q14 11

12 Satellite & Media Business 12

13 THCOM 3Q14 & 9M14 Key Financial Highlights Financial Highlights (Bt million) 3Q13 2Q14 3Q14 YoY QoQ 9M13 9M14 YoY Sales & Service revenues 2,061 2,449 2,598 26% 6.1% 5,629 7,421 32% Satellite and related services 1,821 2,157 2,287 26% 6.0% 4,950 6,549 32% Gross profit 839 1,093 1,085 29% 0.7% 2,304 3,061 33% EBITDA 979 1,331 1,293 41% 25% 2,739 3,690 35% EBIT % 6.6% 1,168 1,709 46% Normalized net profit % 2.4% 841 1,407 67% Net profit * 13% 44% 841 1,176 40% EBITDA margin 47.5% 54.3% 49.8% 2.3% 4.5% 48.7% 49.7% 0.4% Normalized netmargin 14.7% 20.1% 18.9% 4.2% 1.2% 13.9% 18.1% 4.2% *THCOM recognized Bt231mn impairment loss for goodwill from TMC 13

14 THCOM 3Q14 Key Highlights Continued positive financial performance 3Q14 normalized net profit grew by 59%YoY while 9M14 grew by 67% YoY. Successfully issued Bt4,550mn Debenture Overwhelming demand with 6 times overbooked A- with stable outlook by TRIS credit rating Strengthen our Hot Bird strategy Commercialized transponder from Thailand s PSI THAICOM host 680+ satellite TV channels (116 HD) Additional revenue from broadband business Recognized significant revenue share from China s Synertone Additional revenue from Nok Air (In-Flight Entertainment and Connectivity ) IPSTAR Australia started to provide services to additional subscribers under the NBN Co Satellite Support (NSS) Scheme 14

15 THAICOM 8 (launching 2016) Strengthening Thaicom s Hot Bird broadcast platform at 78.5 degrees East Satellite Pre-shipment Review Satellite Launch Integrating and Testing Preliminary Design Review (PDR) Critical Design Review (CDR) 0% 100% 20% THAICOM 8 Launch Campaign In-orbit Acceptance Test 15

16 CSL 3Q14 & 9M14 Key Financial Highlights Financial Highlights (Bt million) 3Q13 2Q14 3Q14 YoY QoQ 9M13 9M14 YoY Sales & Service revenues % 10% 2,267 2, % Gross profit % 6.5% % EBITDA % 12% % EBIT % 16% % Normalized net profit % 15% % Net profit (464) 542% 559% 365 (246) 167% Gross margin 41.1% 39.0% 40.6% 0.5% 1.6% 43.7% 41.2% 2.5% Normalized profit margin 13.8% 12.7% 12.0% 1.8% 0.7% 15.0% 13.6% 1.4% 16

17 Another year of continual social development Camp Sanook Kid With INTOUCH - The Learning Center in Chaibadanpittayakom School, Lopburi Support society and local community of INTOUCH employees, started with installation of safe and healthy drinking water tanks in Ratchaburi The Healthy Rice Growing Project by INTOUCH - To improve the quality of life for Thai farmers and to be a knowledge center for inmates to learn about farming in north east provinces 17

18 Sustainable Value Creation INTOUCH INVESTOR RELATIONS TEL

19 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. 19