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HALF YEAR RESULTS 30 JUNE 2006 PPB GROUP BERHAD Presented by Ms Koh Mei Lee, Senior Manager (Corporate Affairs)

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Presentation on theme: "HALF YEAR RESULTS 30 JUNE 2006 PPB GROUP BERHAD Presented by Ms Koh Mei Lee, Senior Manager (Corporate Affairs)"— Presentation transcript:

1 HALF YEAR RESULTS 30 JUNE 2006 PPB GROUP BERHAD Presented by Ms Koh Mei Lee, Senior Manager (Corporate Affairs)

2 Agenda 1. Group financial highlights 2. Dividend record 3. Share information 4. Prospects for 2006

3 Financial results Jan to June 20062005Change (restated) RM mil % Revenue5,2235,317(2) Profit from operations209242(14) Net profit from investing activities12254126 Share of associates/ JV5416238 Finance costs(11)(7)57 PBT37430523 Tax(54)(79)(32) PAT32022642 Minority interest(77)(37)108 Net profit24318929 EPS (sen)20.4915.9129

4 Segmental information – Jan to June 2006 Sugar & cane 7% Grains trading, flour & feed milling8.3% Edible oils refining & trading 71.1% Oil palm plantations5.2%Waste management & utilities0.8% Filmexhibition1.1% Property0.4% Others6.1% Revenue Total RM5.2 billion

5 Segmental information – Jan to June 2006 Sugar & cane -0.2% Grains trading, flour & feed milling21.7% Edible oils refining & trading 26.1% Oil palm plantations38.2%Waste management & utilities0.6% Filmexhibition3.9% Property2.8% Others6.9% Operating profits Total RM216 million

6 Major contributors to group operating profit Reason for higher/ lower profits Sugar & cane  High raw sugar prices. Grain trading, flour & feed milling  Improved sales volume.  Better margins Edible oils refining & trading  Lower refining margins. Oil palm plantations  Foreign exchange translation gain.  Higher CPO prices.  Average CPO price realised :- Jan to June 2006 RM1,376/tonne Jan to June 2005 RM1,354/tonne RM Million RM53mil (101%) RM4mil (6%) RM29mil (161%) RM14mil (22%)

7 Major contributors to group operating profit Reason for higher/ lower profits Waste management & utilities  Divestment of loss making subsidiary, Marathon Equipment Asia Pte Ltd. Film exhibition  Strong line up of blockbuster films.  Contribution from new cinema. Property  Most of the residential houses have been sold Others  Livestock (down RM11.4million)  Manufacturing & trading in chemical (down RM6.1million)  Gloves (down RM3.4 million) RM Million RM0.5mil (8%) RM25mil (62%) RM3mil (169%) RM0.6mil (8%)

8 PBT for 5 years RM Million

9 Cash and borrowings RM Million As at 30 June 2006 ST borrowings RM million BA 379 ST loan 199 Total 578 LT borrowings/Equity 9.7%

10 Dividend record Dividend Per Share Net Dividend Net Dividend Payout ratio GrossNetPaid/payableYieldGroupCompany Year (sen) (RM Million)(%) 2006-Interim* 5.03.642.6780.917.638.0 2005 20.014.4170.7123.543.3115.9 2004 15.011.85140.4823.535.175.4 2003 12.510.26100.6753.127.172.3 2002 23.2521.50210.96810.986.897.6 * The Board declared an interim dividend of 5 sen for the financial year 2006 which is payable on 28 September 2006

11 Share performance 927.54 4.24 30/9/05 899.79 4.16 31/12/05 30/8/06 4.58 958.12 20052006 Jan to June 2006 PPB KLCI High RM4.38 970.46 Low RM3.82 883.29 Closing RM4.00 914.69

12 Prospect for 2006 Sugar refining operations are likely to record lower profits due to high raw sugar price. Oil palm plantation is expected to contribute better results. assuming CPO prices and forex (Rp vs USD) remains at current level. Other businesses are expected to maintain its profits as in previous year. The Group envisaged that the results for the year will be better than 2005

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