Opportunity Day The Stock Exchange of Thailand 15 Feb 2018 - - PowerPoint PPT Presentation

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Opportunity Day The Stock Exchange of Thailand 15 Feb 2018 - - PowerPoint PPT Presentation

Sep 21, 2023 283 likes •459 views

INTOUCH 2017 Result Opportunity Day The Stock Exchange of Thailand 15 Feb 2018 Prepared by Group Investor Relations Maint Maintain ain to be to be Dividend Dividend Sto Stock ck Maintain pass through dividend policy with DPS -

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Prepared by Group Investor Relations

INTOUCH 2017 Result Opportunity Day

The Stock Exchange of Thailand 15 Feb 2018

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Prepared by Group Investor Relations

Maint Maintain ain to be to be Dividend Dividend Sto Stock ck

  • Maintain pass through dividend policy with

dividend received from associated and subsidiaries after deducting holding operating expenses

  • Announced 2H17 DPS at Bt1.27 and interim

DPS at Bt0.19, totaling Bt1.46.

  • XD on 9 Apr 2018 and payment date on 27

Apr 2018.

2.37 2.23 2.40 2.13 1.25 0.19 2.16 2.23 2.47 1.61 1.27 2013 2014 2015 2016 2017 2018

DPS - Equity Method

Unit : Baht per Share

4.53 4.46 4.87 3.74 2.52

  • 2017 net profit decreased by

35% YoY from Bt16.4bn to Bt10.7bn.

  • Excluding impairment assets
  • f THCOM, normalized profit

was Bt11.8bn or declined by 7.4% YoY from Bt12.7bn.

Unit : Million Baht

12,707 10,673 3,691

2016 INTOUCH AIS THCOM Impairment asset of THCOM INTOUCH & Others 2017 INTOUCH

*Others = ITAS, ITV, VC, and Intouch Media 16,398 11,771 *

  • 7.4% YoY

Higher network investment, TOT payment, license amortization, and bad debt Lower satellite revenue but higher depreciation from TC-8 Impairment 3,309

Reversal of provision of ITV

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Prepared by Group Investor Relations

Wide Wide Holding Discount Holding Discount to N to NAV AV Gap Gap

(26%) (24%) (22%) (20%) (18%) (16%) (14%) (12%) (10%) 44.0 46.0 48.0 50.0 52.0 54.0 56.0 58.0 60.0 62.0 Jan-17 Jan-17 Feb-17 Feb-17 Mar-17 Mar-17 Mar-17 Apr-17 Apr-17 May-17 May-17 Jun-17 Jun-17 Jul-17 Jul-17 Aug-17 Aug-17 Aug-17 Sep-17 Sep-17 Oct-17 Oct-17 Nov-17 Nov-17 Dec-17 Dec-17 Jan-18 Jan-18 Jan-18 INTOUCH Market Price Premium(Discount) to NAV Bt 6 Feb 18 – Discount to NAV = 23.59%

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Prepared by Group Investor Relations

INTOUCH Growth Strategy Thailand leading TMT and Digital

Prepared by Group Investor Relations

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Prepared by Group Investor Relations  200 million Baht / year  Early & growth stage  TMT & Digital  Follow-on investment

Social Nation

Investment Policy Total 13 investment : Bt402mn

InVent InVent Portfo Portfolio lio Updat Update

606

Unit : Million Baht

2012 - 2017 2017

402 63

Cost Unrealized Value Monetize

543

Portfolio Value

IRR 31% IRR 19%

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Prepared by Group Investor Relations

2017 2017 Highlight Highlight and Going Forwa Going Forward rd

  • Asia no. 1 Tencent JV for UGC
  • 1 billion pageviews & 10 million

unique users

  • Company value +6.6x

To become no. 1 media co. (PGC & UGC) for millennial

Investment value: Bt58mn 2017 Revenue: Bt186mn 2017 Net loss: Bt34mn

  • All major banks using digio
  • mPOS & mini EDC
  • No.1 market share in mPOS market

Millions of SME & street merchant transactions on mobile network

Investment value: Bt35mn 2017 Revenue: Bt183mn 2017 Net profit : Bt20mn

  • Thailand no. 1 lifestyle review

portal- 200,000 restaurants

  • Blognone & Brandinside acquired
  • 8mn MAU

Investment value: Bt60mn 2017 Revenue: Bt148mn 2017 Net loss: Bt4mn

  • Road to IPO within 2019
  • More lifestyle vertical
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Prepared by Group Investor Relations

0.98 1.77

2016 2017

Average sales per day (Btmn)

Improve aw Improve awarene areness ss in multi in multi platfo platforms rms to increase to increase sales sales

2017 Performance

  • High Shopping grew by 80% YoY with lower net

loss

  • Revenue from TV airtime buying contributed

28% of total revenue from TV platform

  • Revenue from online platform rose 12x YoY
  • More than 2x products&customers ordered

in 2017 from 2016

Secure and maintain the efficiency airtime channel

Product strategy Online Channel strategy 2018 Strategy – Increase number of customers

Phuket Chonburi Chiangmai Samut Prakarn

Enhance sales

  • n cable TV

platform

Platform & Airtime strategy

Expand new online channels

  • Product diversification by sales

channel

  • Expand mega-hit products
  • Focus on high margin products

+80%YoY Dec = Bt2.17mn

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Prepared by Group Investor Relations

Bah aht m t mill llion

  • n

4Q16 16 3Q17 17 4Q17 17 %YoY %QoQ QoQ 201 016 201 017 %YoY FY18 18 Guidanc ance

Service revenue ex. IC 31,617 32,455 32,611 611 ▲3.1% ▲0.5% 122,561 128,583 ,583 ▲4.9% +7 +7-8% 8% Increase se (2% from m CSL) Sales revenue 8,315 5,022 7,488 88 ▼9.9% ▲49% 23,924 24,775 775 ▲3.6% Decline ine Total revenue 41,319 38,580 41,205 205 ▼0.3% ▲6.8% 152,150 157,722 ,722 ▲3.7% Cost of service ex. IC 15,155 15,764 15,981 981 ▲5.4% ▲1.4% 52,694 62,460 460 ▲19% Total SG&A 7,961 6,599 6,338 38 ▼20% ▼4.0% 29,776 25,078 078 ▼16% EBITDA 15,058 17,589 18,454 454 ▲23% ▲4.9% 60,741 70,498 498 ▲16% Consolidated EBITDA margin 36.4% 45.6% 44.8% 8% ▲8.4% ▼0.8% 39.9% 44.7% 7% ▲4.8% 45 45-47% 47% Sales margin

  • 3.3%
  • 4.9%
  • 0.6%

6% ▲2.7% ▲4.3%

  • 4.2%
  • 3.5%

5% ▲0.7% Near zero margin in Capex 10,523 10,979 7,286 86 ▼31% ▼34% 47,554 41,108 108 ▼14% Bt35-38bn 38bn

4Q17 & 2017 Key Financial Highlights

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Prepared by Group Investor Relations

Bah aht m t mill llion

  • n

4Q16 16 3Q17 17 4Q17 17 %YoY %QoQ QoQ 201 016 201 017 %YoY

Satellite and related services 1,906 1,605 1,463 ▼23% ▼8.9% 8,642 6,689 ▼23% Cost of sales and services 1,620 1,258 1,281 ▼21% ▲1.8% 5,569 5,291 ▼5.0% EBITDA 560 760 170 170 ▼70% ▼78% 4,321 2,610 10 ▼40% Net profit attributable to Thaicom (114) 65 (3,190) 90) ▼2708% ▼4991% 1,612 (2,650) 50) ▼264% Norm net profit attributable to Thaicom (114) 65 (520) ▼358% ▼898% 1,612 20 20 ▼99% EBITDA margin 29% 47% 12% 12% ▼18% ▼36% 50% 39% 39% ▼11%

4Q17 & 2017 Key Financial Highlights

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Prepared by Group Investor Relations

2018 2018 Guidance Guidance

Consolidated Financial Statement 2018 Guidance Revenue from satellite and international businesses Slightly decrease YoY Mainly Contributed from Share of Profit of Associates 40.45% of AIS Net Profit Standalone Financial Statement 2018 Guidance General & Administrative Expenses Around Bt400mn Dividend Policy Pass through Venture Capital Not more than Bt200mn

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App Appendi endix

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Prepared by Group Investor Relations

Bah aht million lion 4Q16 16 3Q17 17 4Q17 17 %YoY %QoQ QoQ 201 016 201 017 %YoY

Revenues from sales and services 2,649 2,349 2,191 91 ▼17% ▼6.7% 11,646 9,627 27 ▼17% Share of profit of investments in associates 2,793 2,982 3,166 66 ▲13% ▲6.2% 12,528 12,140 140 ▼3.1% Total revenues 5,506 5,495 5,470 70 ▼0.7% ▼0.5% 24,741 22,543 543 ▼8.9% Cost of sales and service 1,823 1,500 1,495 95 ▼18% ▼0.3% 6,412 6,167 67 ▼3.8% SG&A 766 571 1,004 04 ▲31% ▲76% 2,646 2,750 50 ▲3.9% EBIT 2,574 3,193 (576) ▼122% ▼118% 18,424 9,333 33 ▼49% Net profit attributable to Company 2,561 2,928 1,754 54 ▼32% ▼40% 16,398 10,67 673 ▼35% Normalized net profit attributable to Company 2,561 2,928 2,852 52 ▲11% ▼2.6% 12,707 11,771 771 ▼7.4%

Consolidated Financial Statements

4Q17 & 2017 Statements of Profit or Loss

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Bah aht million lion 4Q16 16 3Q17 17 4Q17 17 %YoY %QoQ QoQ 201 016 201 017 %YoY

Share of net results from investments in subsidiaries (61) 19 (1,324 324) ▼2,070% ▼7,068% 581 (1,128) 28) ▼294% Share of profit of investments in associates 2,793 2,982 3,166 66 ▲13% ▲6.2% 12,528 12,14 2,140 ▼3.1% Other income 12 11 13 13 ▲8.3% ▲18% 76 42 42 ▼45% Total revenues 2,744 3,012 1,855 55 ▼32% ▼38% 13,185 11,05 1,054 4 ▼16% SG&A 184 85 102 2 ▼45% ▲20% 475 387 387 ▼19% EBIT 2,560 2,927 1,753 53 ▼32% ▼40% 12,710 10,66 0,667 7 ▼16% Net profit attributable to Company 2,559 2,926 1,753 53 ▼31% ▼40% 12,707 10,66 0,664 4 ▼16%

Separate Financial Statements

4Q17 & & 2017 Statements of Profit or Loss

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Bah aht million lion Co Consol

  • lida

dated ted Sepa parat rate Dec ec-16 16 Dec ec-17 17 Dec ec-16 16 Dec ec-17 17

Cash & cash equivalents and current investment 9,160 8,418 18 1,751 1,869 69 Investments in subsidiaries and associates

  • 26,340

27,968 968 Investments in associates and joint ventures 19,897 22,978 978

  • Property and equipment

9,441 7,943 43

  • Intangible assets under operating

agreements 9,205 3,987 87

  • Other assets

6,904 7,634 34 98 105 105 Total assets 54,607 50,960 960 28,189 29,942 942 Interest-bearing debt 10,168 7,335 35

  • Other liabilities

6,764 6,298 98 136 142 142 Total liabilities 16,932 13,633 633 136 142 142 Total shareholders’ equity 37,675 37,327 327 28,053 29,800 800 Net profit attributable to Company 54,607 50,960 960 28,189 29,942 942

2017 Statements of Financial Position

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INTO INTOUCH UCH General General Information Information

General Information of the Company Company Name Intouch Holdings Public Company Limited Symbol INTUCH Year of Establishment 1983 Website www.intouchcompany.com Market Capitalization (as of 6 Feb 2018) 181,964.35 million Baht (5,870 million USD at 31Baht/USD) 1-Year Average Trading Volume (as of 6 Feb 2018) 467.46 million Baht (15.1 million USD at 31Baht/USD) American Depositary Receipt ADR Ticker Symbol INTHY Depositary The Bank of New York Mellon

www.intouchcompany.com https://www.facebook.com/intouchcompany ir-intouch@intouchcompany.com

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Prepared by Group Investor Relations

“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 guaranteethe relevance,timeliness, or accuracy of these statements.”

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