September 2017 John Keells Holdings PLC 1 About JKH Market cap of - - PowerPoint PPT Presentation

September 2017

John Keells Holdings PLC 1

About JKH

▪ Market cap of USD 1.38 billion ▪ No controlling shareholder - 98.4% free float ▪ Foreign shareholding - 52% ▪ The Board comprises of five Executive Directors and five Independent Non- Executive Directors

John Keells Holdings PLC 2

Organisational structure

Industry groups, sectors and primary brands

3

John Keells Holdings PLC 4

Cumulative Profitability Update : For the Year Ended 31 March 2017

Industry Group FY2017 FY2016 YoY Growth (%) (Rs. Million) (Rs. Million) Transportation 2,968 2,448 21 Leisure 4,165 3,684 13 Property* 508 1,179 (57) CF & R 3,165 2,655 19 Financial Services 1,978 1,665 19 Information Technology 468 96 389

*Decline is attributable to the revenue recognition cycle of the residential apartments

PAT to equity holders of JKH

Total PAT 16,275 14,070 16 Diluted earnings per share (Rs.) 11.84 10.52 13

Leisure - Overview

▪ The Leisure sector has two primary revenue generators- ▪ Hotels (“Cinnamon”) ▪ Inbound Travel (Walkers Tours & Whittall Boustead) ▪ The Hotel division operates ▪ 8 Resort hotels in strategic tourist destinations (1,000 rooms) ▪ 2 five star city hotels in Colombo (837 rooms) ▪ 1 select-service business hotel (“Cinnamon Red”, 240 rooms) ▪ 3 Resort properties in the Maldives (340 rooms) ▪ JKH controls 10% of the country’s 4-5 star class tourist accommodation, and around 40% of Colombo's formal hotel room inventory. ▪ Partners include global giants such as Thomas Cook, Kuoni, Hotel Plan and Virgin Holidays

John Keells Holdings PLC 5

Transportation - Overview

▪ 42% stake in South Asia Gateway Terminals (SAGT), one of South Asia's most productive shipping terminals . ▪ Largest cargo and logistics service provider in the country ▪ Leading bunkering services provider ▪ Joint Ventures with Deutsche Post for DHL Air Express and A.P. Moller for Maersk Lanka ▪ GSA for Jet Airways, KLM Royal Dutch airlines and Gulf Air. Other operations include warehousing and supply chain management

John Keells Holdings PLC 6

KARACHI GWADAR BAHL MUMBAI CHENNAI VISHAKHAPATNAM KOLKATA CHITTAGONG YANGON MOMBASA LAMU DAR-ES-SALAM CAPE TOWN PORT LOUIS ADEN KOCHI

John Keells Holdings PLC 7

The strategic location of the Port of Colombo linking key shipping routes

John Keells Holdings PLC 8

Capacity enhancements in the Port of Colombo

▪ Container handling capacity in the region ▪ Port of Colombo utilisation ▪ Port of Colombo volumes

Port Container handling capacity (TEUs) Colombo 7.5 million Hong Kong 21 million Singapore 40 million Shanghai 36 million Jan- Aug 2017 Jan- Aug 2016 SAGT

1,172,223 1,051,201

SLPA

1,307,183 1,438,653

CICT

1,542,137 1,295,390

Total

4,021,543 3,785,244

Sources: Government HK Source: Sri Lanka Ports Authority

YoY Growth of 6% at the Port of Colombo

Total Port of Colombo volumes – CY2016 5,735,005 Utilisation 76%

John Keells Holdings PLC 9

Rapid absorption of capacity in the Port of Colombo

Property - overview

▪ Four high-rise apartment complexes completed ▪ The Monarch ▪ The Emperor ▪ OnThree20 ▪ “7th Sense” on Gregory’s Road ▪ “John Keells Land”; explore property development

• pportunities by leveraging on brand equity

▪ Focused strategies for expansion via developer/landowner tie ups ▪ Management of two neighbourhood malls

Ongoing projects Total units The Residence at Cinnamon Life 231 The Suites at Cinnamon Life 196

10 “7th Sense” on Gregory’s Road

▪ Cinnamon Life is a US$ 850 Million, mixed-use development with features similar to integrated resorts in the region ▪ Largest private sector led commercial development in Sri Lanka ▪ Internationally acclaimed construction contractors – A consortium led by Hyundai Engineering and Construction Co. of South Korea

Cinnamon Life

Cinnamon Life

John Keells Holdings PLC 12

Conferencing (2,500 pax) in three venues and car park facility (2,450 slots) 800 guest room hotel. Include conferencing, banqueting, 7 specialty restaurant and entertainment facilities Rentable mall and entertainment space of 372,000 Sq. Ft (Gross – 518,000 Sq. Ft) One residential development of approximately – 358,000 Sq. Ft (231 units). Second residential development of approximately – 255,000 Sq. Ft (196 units). A standalone office development - 254,000 Sq. Ft rentable area

Development Programme

Note: Areas are subject to change based on final drawings John Keells Holdings PLC 13

• The Consumer Foods sector comprises of 3 major categories; beverages, frozen

confectionery and convenience foods

• Market leader in all three categories with a portfolio of leading consumer brands

including “Elephant House” soft drinks and ice creams as well as “Keells” and “Krest” range of processed meats

• The Retail sector focusses on modern organised retailing through the “Keells Super”

chain of supermarkets

• Operates 68 supermarkets as at 31st August 2017

Consumer Foods and Retail

14

▪ Union Assurance (UA) offers comprehensive insurance solutions in the Life Insurance segment while General Insurance solutions are offered through its associate Union Assurance General Limited (UAG) ▪ Nations Trust Bank (NTB) offers complete banking solutions through its network

• f branches for corporate, retail and SME clients.

▪ John Keells Stock Brokers (JKSB) is one of Sri Lanka's most prestigious brokerages and has a number of trading tie-ups with leading foreign securities houses. It's client base largely consists of high net-worth investors and foreign funds.

Financial Services - Overview

15

THANK YOU

John Keells Holdings PLC 16

This document was produced by John Keells Holdings PLC for information purposes only. The information contained in this document are a review of the financial information pertaining to Quarter 1 of the Financial year 2018, and does not constitute an issue prospectus or a financial analysis. Whilst John Keells Holdings accepts responsibility for the accuracy of the information contained in this document, it does not assume any responsibility for investment decision made by the prospective investors based on information contained herein. In making the investment decision, prospective investors must rely on their own examination and assessments of the Company including the risks involved.