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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.

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Presentation on theme: "1 PPB GROUP BERHAD Disclaimer: The contents of this presentation include materials which may be capable of being interpreted as forward-looking statements."— Presentation transcript:

1 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

2 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

3 3 Group Financial Highlights Group Financial Highlights

4 4 * 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% 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 sen EPS PBT* Operating Expenses Revenue 7%

5 5 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 sen 56.46 sen EPS 30 June 2009 31 Dec 2008

6 Segmental Information for the period ended 30 June 2009 6 Sugar & Cane 36.38% Sugar & Cane 36.38% Grains Trading, Flour & Feed Milling 34.63% Grains Trading, Flour & Feed Milling 34.63% Waste Management & Utilities 3.59% Waste Management & Utilities 3.59% Film Exhibition 5.57% Film Exhibition 5.57% Property 1.30% Property 1.30% Others* 18.53% Others* 18.53% Total Revenue RM1.606 billion Total Revenue RM1.606 billion *Others :- Chemicals Trading & Manufacturing Livestock Farming Shipping Consumer Products Packaging Others

7 Segmental Information for the period ended 30 June 2009 7 Sugar & Cane 60.15% Sugar & Cane 60.15% Grains Trading, Flour & Feed Milling 14.31% Grains Trading, Flour & Feed Milling 14.31% Waste Management & Utilities 0.42% Waste Management & Utilities 0.42% Film Exhibition 8.94% Film Exhibition 8.94% Property 6.15% Property 6.15% Others 10.03% Others 10.03% Total Operating Profit RM137 million Total Operating Profit RM137 million *Others :- Chemicals Trading & Manufacturing Livestock Farming Shipping Consumer Products Packaging Others

8 8 Review Of Major Operations Review Of Major Operations

9 Review of Major Operations 9 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%

10 Review of Major Operations 10 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 %

11 Review of Major Operations 11 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%

12 Review of Major Operations 12 FILM EXHIBITION AND DISTRIBUTION Revenue 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%

13 Review of Major Operations 13 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%

14 14 5-Year Financial Performance 5-Year Financial Performance

15 5-Year PBT of PPB Group 15 RM Million Year

16 16 Dividend Record Dividend Record

17 Dividend Record 17 DividendNet Payout Ratio Per ShareDividend GrossNetPaid/payableYieldGroupCompany Year (sen) (RM Million)(%) 2009 Interim* 5559.2750.48.91.1 2008 8568.88816.5727.463.5116.0 2007 3022.15262.5882.041.963.7 2006 2014.55172.4902.730.8103.6 2005 2014.40170.7123.543.3115.9 *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.

18 18 Prospects for 2009 Prospects for 2009

19 19 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.

20 20 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.

21 21 Share Information Share Information

22 Share Performance 2008 2009

23 ? 23 Questions & Answers Questions & Answers


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