Upload
others
View
1
Download
0
Embed Size (px)
Citation preview
Prepared by Group Investor Relations
Intouch Holdings Plc. Opportunity Day
1Q17
The Stock Exchange of Thailand18 May 2017
INTOUCH Investment Structure
2
1)
1)
1) Listed Company on the Stock Exchange of Thailand
1)
2)
51%
Wireless Device Supply Co., Ltd. 99.99%
Advanced Wireless Network Co., Ltd. 99.99%
DTV Service Co., Ltd. 99.99%
Shenington Investments Pte. Ltd. 51%
CS Loxinfo PLC 42.07%
Lao Telecommunications Co., Ltd 49%
40.45% 41.14% 99.99% 99.99%
Prepared by Group Investor Relations
1) 1)
1)
1) 1)
1)
Lower profit from AIS and THCOM
3
*Others = ITAS, ITV, VC, and Intouch Media
*
• Due to higher overall cost of AIS and lower revenue from THCOM, INTOUCH’s
net profit from operation declined by 10% YoY to Bt3,119mn.
Prepared by Group Investor Relations
1Q16 AIS THCOM INTOUCH & Others 1Q17
3,458-159
-182+2 3,119
-10% YoY
• -5% YoY
• Higher D&A from
4G expansion,
Network OPEX
• -63% YoY
• Lower sales and
services revenue
• +2.1% YoY
• Lower loss of
other business
Consolidated financial results
Unit : Baht Million
1Q17 Key Financial Highlights
4Prepared by Group Investor Relations
Baht Million 1Q16 4Q16 1Q17 % YoY % QoQFY17
Guidance
Service revenue ex. IC 30,148 31,617 31,364 ▲4.0% ▼0.8%+4-5%
Increase
Sales revenue 5,663 8,315 6,407 ▲13% ▼23%
Total revenue ex. Construction
37,252 41,319 38,858 ▲4.3% ▼6.0%
Cost of service ex. IC 12,693 15,155 15,203 ▲20% ▲0.3%
Total SG&A 8,095 7,961 5,439 ▼33% ▼32%
EBITDA 13,415 15,058 17,347 ▲29% ▲15%
Consolidated EBITDA margin
36.0% 36.4% 44.6% ▲8.6% ▲8.2% 42-44%
Sales margin -0.3% -3.3% -6.7% ▼6.4% ▼3.4%Near zero
margin
Capex 12,102 10,523 11,509 ▼4.9% ▲9.4% Bt40-45bn
AIS’s service revenue improved YoYsupported by 4G network quality enhancement
5
Build a mobile data leadership
4G network covered 98% of population
4G handset penetration 35%
Data user 4GB/Sub/month
Enhance network quality and capacity
with Bt11.5bn on 4G Carrier Aggregation
1800 x 15MHz
2100 x 15MHz
900 x 10MHz
2100 x 15MHz (TOT partnership)
30,148 30,169
30,626
31,617
31,364
-0.5%
-1.0%
2.2%
5.8%
4.0%
1Q16 2Q16 3Q16 4Q16 1Q17
Total service reveue ex.IC
YoY Growth
Prepared by Group Investor Relations
• 1Q17 service revenue ex.IC
grew by 4% YoY
Create differentiation through Digital
contents
Offer HBO, FOX, NBA, Cinemax and Vie
on AIS PLAY & PLAYBOX
3G4G
4G
3G4G
3G4G 2G
44,000 74,000
115,000
195,000
301,500
373,900
4Q15 1Q16 2Q16 3Q16 4Q16 1Q17
Fixed-broadband subscriber reached 374K with its aim to be a key player in the next 3 years
6
Cover 5.2mn home passes
in 28 provinces
AIS Fibre subscribers (sub)
• Continue increasing fixed broadband
subscriber base to 374K in area of 28 key
cities with ARPU increased to Bt541.
• Revenue of fixed broadband accounted for
1.7% of service revenue.
• Segment offerings 1) pure broadband
connection 2) broadband connection with
AIS PLAYBOX
• Encourage brand loyalty - Special
discounts to AIS Customers and Serenade
for Max Speed Internet 100/10Mbps at
Bt999 and Bt899 with AIS PLAYBOX and
free HOOQ for 12 months
Prepared by Group Investor Relations
Baht Million 1Q16 4Q16 1Q17 %YoY %QoQ
Sales & Service revenues 3,210 2,614 2,731 ▼15% ▲4.5%
Satellite and related services 2,394 1,857 1,956 ▼18% ▲5.3%
Cost of sales and services 1,794 2,069 1,870 ▲4.2% ▼9.6%
EBITDA 1,503 673 1,078 ▼28% ▲60%
Net profit attributable to Thaicom 700 -114 259 ▼63% ▲327%
Normalized net profit 749 -80 308 ▼59% ▲485%
EBITDA margin 46.8% 25.7% 39.5% ▼7.3% ▲14%
1Q17 Key Financial Highlights
8
Strengthen its market position in Core services, New Services and Business expansion
Business Expansion Enhance THAICOM competitiveness
and maintain sustainable growth
Expanding new service into supply
chain
Increase number of satellite
Prepared by Group Investor Relations
Core Services Increase bandwidth utilization and
diversification
Broadcast Satellite - Greater Mekong
Sub region and South Asia
Broadband Satellite - Secure Telco &
Government segments in
Thailand, Philippines, India
Focus on retail market in Australia and
New Zealand
Innovative Services Grow mobility platforms in focused
markets in-flight entertainment &
connectivity, Maritime
In-flight – commercial airlines
Maritime – transportation and
logistic companies
Enhance OTT Platforms (2nd screen)
and expand services in Thailand
Prepared by Group Investor Relations
0.7
1.0 1.00.8
0.9
1.2 1.21.0
1.51.6
1.7 1.7 1.7
Ma
r-1
6
Apr-
16
Ma
y-1
6
Jun-1
6
Jul-1
6
Aug-1
6
Sep-1
6
Oct-
16
No
v-1
6
De
c-1
6
Jan-1
7
Feb
-17
Ma
r-1
7
Monthly revenue per day (Btmn)
High Shopping expected to be top 3 home shopping company in 2018
9
2017Dec 2016Aug 20166 Jan 2016
Peak saleAt Bt2.5mn
Website and
applicationwere launched
2017 Strategy
• Product Differentiation - Increase
number of new products and
services, increase exclusive
products and develop house brand
• Partnership Building - Enter online
partnership platform (11street and
LAZADA)
• Channel Expansion - Develop
broadcasting programs (Air time)
and marketing strategy
• Cost saving initiative
High Shoppingstarted its operation
on satellite platform
Mourning period
DiscountUp to
Continue support and promote high potential startup companies
10
Achieve a present combined value of almost Bt3bn and creating jobs for
more than 400 people
Digital publication
platform and e-booking
OokbeeAssistive technology for
paralysis patients
Meditech
Thailand’s No.1 food
and lifestyle review
portal
WongnaiDigital gamification
platform
Playbasis
Mobile games
Infinity Levels Studio
Golf course booking
platform and other
golf-related services
Golfdigg
Social
Nation
Advertising technology
development
Social Nation
Mobile music game
Sinoze
Prepared by Group Investor Relations
2017 Guidance
11
Consolidated Financial Statement 2017 Guidance
Revenue from sales and rendering of
services
Expected to be flat YoY
Mainly Contributed from Share of
Profit of Associates
40.45% of AIS results
Standalone Financial Statement 2017 Guidance
General & Administrative Expenses Same level as 2016
Dividend Policy Pass through
Venture Capital (InVent Project) Bt200mn
Prepared by Group Investor Relations
Q&A
Prepared by Group Investor Relations 12