opportunity daypps.listedcompany.com/misc/presn/20190919-pps-oppday-2q2019.… · 2015-2017 2015...

OPPORTUNITY DAY

19th September 2019

Corporate Overview and Current Projects Financial Statements (Q2 2019 and 1H 2019)

Vision Industry Overview and Business Plan in 2019

Contents

Over 30 years of TRUST PPS is One of the leading engineering professional services firm in Thailand. The Service Provider in all aspects of architectural, engineering and consulting

services for both private and public sectors.

To be the leader in innovation and integrated services in engineering and investment consultants of construction and property & city development sectors.

Our Vision is

"Deliver Success with Knowledge and Experience"

1987 1987-1990 1990-1995 1997-2002 2001-2010

PROJECT PLANNING SERVICE CO.,LTD (PPS) has been established

GRAND CHINA HOTEL

“The deepest structure in Thailand at that time”

BAIYOK II SKY TOWER

“The deepest structure in Thailand at that time”

Established PPS Design Co.,Ltd (PPSD)

METROPOLITAN RAPID TRANSIT

MRTA Initial System Project “The first subway in Thailand”

First Consulting Company that get ISO 9002 : 1994 certified

THE NEW HEAD OFFICE OF BANK OF THAILAND PROJECT

“The full service for project management”

MILESTONES OUR KEY

2001-2006 2012-2015

SUVARNABHUMI AIRPORT (WORLD CLASS AIRPORT)

“World Class Airport”

FIRST OF ENGINEERING CONSULTANT COMPANY TO BE LISTED

MEDIA AND INFORMATION TECHNOLOGY CONSULTANT

Being on the list of the Market for Alternative Investment (mai) and changed the company’s name to be Project Planning Service Public Company Limited.

SIGNATORY COMPANY of Thailand's Private Sector Collective Action Coalition Against Corruption's Declaration of Intent

Established “PPS Information Consultant Company Limited (PIC)”

2015-2017 2016-2021 2015-2019

ICON SIAM

“The Tallest Building in Thailand”

Uncle P was created

SIAM SINDHORN

"The New Luxurious Mixed Used Development in Central Bangkok"

First Company in Construction Business that get certified

Established Ensemble Equity Pte, Ltd. Juristic person in Singapore

SUVARNABHUMI AIRPORT

Development Project Phase 2"World Class Airport"

PPS officers grow the marigold flowers for commemorating the mercy of King Rama IX

PPS in forest is an activity that officers explored the forest around the construction site for conservation and rehabilitation

2018-2021

SIAM SCAPE (BLOCK H)

“Life & Learning Experiencws”

2018-2023

EMSPHERE

“193,000 sqm. Emsphere emphasizes Bangkok’ s eclectic urban eccentricities: density. ."

The joint venture company between PPS Group and global Design and Consultancy firm, One Works.

Established Profin Group Co., Ltd.

Established PPS Innovation Co., Ltd

STRUCTURE COMPANY

SERVICES OUR

INNOVATIVE SERVICES AND PRODUCTS

CONSTRUCTION PHASE

PRE - CONSTRUCTION PHASE

AND TECHNICAL SUPPORT

• Architectural and Engineering Designs • Technical Services

Support with BIM Technologies

DESIGN SERVICES

YAS HOTEL ABU DHABI

QUANTITY SURVEYING • Project Planning/Scheduling • Project Feasibility Study • Financial Planning • Design Management • Project Budgeting • Value Engineering

COST MANAGEMENT

CONSTRUCTION MANAGEMENT • Design Review • Engineering Procurement and

Construction • Project Management • Construction Supervision • Project Cost Control • Progress Report • Presentation • Contract Management

PROJECT MANAGEMENT /

AND PRODUCTS •Green and Sustainable Consultants •Web Design Application • IT & Media Solution • Events and Presentations • Innovative and Sustainable

Products

INNOVATIVE SERVICES

Property Development Our Services

• Property Development Business • Construction Project Management • Transportation Business of Land,

Naval and Air for both Domestic and International

INVESTMENT PLATFORM Our Services

Ensemble Equity Pte. Ltd which is our investment arm in Singapore to support the investors from all over the world who want to invest in Thailand.

Profin Group which is our Thailand base ICO portal providing financial advisory based on block-chain technology

Project recently completed

Magnolias Waterfront Residence & The Iconsiam Superlux Residence

in 2019

in 2019

Project recently completed

Supreme Court of Thailand

in 2019 Project recently completed

19 Branches in 2019 Rama I,Rama ii, Patthanakarn ,Seacon Square, Rattanathibeth, Charansanitwong:: Bangkok

Rojana, Bangpain, Ayutthaya, Korat 2, Warin Chamrap, Ubonratchathani Nongbualamphu, Klang: Rayong, Nakhonnayok, Banbueng: Chonburi, Saraburi,

Udonthani, Nakornnayok, Dejudom (Mall Ext.): Ubonratchathani

Tesco Lotus

in 2019 Project recently completed

HomePro

Mukdahan, charansanitwong, Ramintra, Fashion island Branch

CURRENT PROJECT

Airport Suvarnabhumi

LSV and LSP SIAM SINDHORN

BLOCK H PMCU

One of new projects that PPS got both of quantity survey and construction management contracts

Sukhumvit 23 Muniq

The Mall Rakhamhaeng 2 Retail Project

Emsphere Retail Project

Emsphere

& Holiday Inn Resort Samui Bophut Holiday Inn Express Samui Bophut

Central Plaza Chonburi

Retail Project

Retail Project HomePro

Rama II, Phuket

Office Building Project

WHA Bangna Muangthai Capital

CLIENTS OUR

INFRASTRUCTURE

RESIDENTIAL & HOSPITALITY

OFFICE BUILDING

RETAIL

HIGHLIGHTS Trustworthiness Innovation and

Sustainability Professionalism

COMPANY

ACTIVITIES

SOCIAL

AND HONORS AWARDS

- Best Company Performance Awards (Company listed on mai) - Outstanding sustainability Award 2018 Awards - Thailand Sustainability Investment 2015-2018 - The Company Received CGR Project Survey 2018 with Excellent CG Scoring 5 Stars Rank

AND HONORS AWARDS

BEST COMPANY PERFORMANCE AWARDS SET AWARDS 2018

AND HONORS AWARDS

OUTSTANDING SUSTAINABILITY AWARDS 2018 SET SUSTAINABILITY AWARDS 2018

AND HONORS AWARDS

THAILAND SUSTAINABILITY INVESTMENT AWARDS (THSI) SET SUSTAINABILITY AWARDS 2018

Financial Statements (Q2 2019 H1 2019)

as of Sep 16, 2019

Profitability Financial Performance

GP 21.39%

NP 4.14%

ROA 1.11%

ROE 0.92%

Current Ratio 6.20 P/E Ratio 207.68

0.33 D/E Ratio

Financial Statements

190.26 234.08

27.53% 21.39%

0%

10%

20%

30%

40%

50%

0.00

50.00

100.00

150.00

200.00

250.00

1H 2018 1H 2019

(MB)

Revenue Gross Profit Margin

94.05 106.08

23.87%

15.86%

0%

10%

20%

30%

40%

50%

0.00

50.00

100.00

150.00

200.00

250.00

Q22018 Q22019

(MB)

Revenue Gross Profit Margin

Financial Statements

234.22 306.92 388.95 378.50 234.08

26.36%

32.81% 34.33%

22.92% 21.39%

0%

10%

20%

30%

40%

0.00

50.00

100.00

150.00

200.00

250.00

300.00

350.00

400.00

450.00

Y2015 Y2016 Y2017 Y2018 H12019

(MB)

Revenue Gross Profit Margin

Breakdown by Service (MB) PPS Group Revenue

PPS

208.17

PPSOW

25.08

PPSI

0.38

SPP

0.45

PPS

PPSO

W H1 2019

PPS

170.60

PPSD

16.33

PPSI

0.03 SPP

[VALUE]

PPSPPSDPPSISPP

H1 2018

Breakdown by Customer (MB) PPS Group Revenue

Govern

ment

27.26 % Private

72.6

4% Governme

ntPrivate

H1 2018

Govern

ment

[VALUE]

% Private

[VAL

UE… Governme

ntPrivate

H2 2019

Breakdown by Customer (MB) PPS Group Revenue

22.73

69.1

61.73

19.14

61.52

24.72

93.7

85.27

42.62

60.6

27.1

101.64 101.23

80.43 78.55

32.58

103.96 109.73

61

71.23

11.58

52.77 57.83

51.31

38.44

0

20

40

60

80

100

120

Office Buildings Retail Areas Residential Buildings Infrastructure Others

(MB.) 2015 2016 2017 2018 H1 2019

Financial Performance

172.48 206.24

255.41

291.74

184.01

61.05 71.59 75.83 78.51 47.06

73.64% 67.20% 65.67%

77.08% 78.61%

26.07% 23.32% 19.49% 20.74% 20.10%

0%10%20%30%40%50%60%70%80%90%

0.00

50.00

100.00

150.00

200.00

250.00

300.00

350.00

Y2015 Y2016 Y2017 Y2018 H1 2019

COS , Operating Expense (MB)

COS Opex COS as % of Revenue Opex as % of Revenue

MB

Financial Performance

3.39 32.18 55.17 7.42 10.03 1.42%

10.07%

13.93%

1.92%

4.14%

0%

2%

4%

6%

8%

10%

12%

14%

16%

0.00

10.00

20.00

30.00

40.00

50.00

60.00

Y2015 Y2016 Y2017 Y2018 H1 2019

Net Profit (MB) Net Profit Margin

Net Profit Net Profit Margin

MB

%

Statement of Financial Position MB

217.93

291.64

406.14 406.43 431.28

44.88 74.66 72.99 84.9 107.35 173.05

216.98

333.15 321.53 323.93

0

100

200

300

400

500

600

Y2015 Y2016 Y2017 Y2018 H1 2019

Asset Liability Equity

0.26 0.35

0.22 0.26 [VALUE] D/E Ratio

Ratios

2.57%

16.32% 19.23%

2.82% 1.11% 0.00%5.00%

10.00%15.00%20.00%25.00%30.00%

2015 2016 2017 2018 H12019

ROA ROE

1.92%

16.50% 20.10%

2.27% 0.92% 0.00%5.00%

10.00%15.00%20.00%25.00%30.00%

2015 2016 2017 2018 H12019

New Projects Awarded

Total Projects Awarded Total Projects Value

34

54 61 59

32

0

20

40

60

80

2015 2016 2017 2018 H1

2019

Projects

247.49

508.95

224.68

399.34

148.18

0

100

200

300

400

500

600

2015 2016 2017 2018 H12019

Projects Values (MB)

AOT 328.97 MB

as of Aug 31, 19 Backlog Comparison

Status Contract value

(MB) 2019 2020 2021 2022-2023

A. Signed contract project value 366 116 144 68 37 B. No contract signed yet but likely expected to get job 25 10 15

TOTAL (A+B) 391 126 159 68 37

as of Aug 31, 19 Backlog Comparison

Status Contract value

(MB)

A. Signed contract project value 2.61 B. No contract signed yet but likely expected to get job 10.28

TOTAL (A+B) 12.52

Vision Industry Overview Business Plan in 2019

Vision Industry Overview

Residential & Hotel Sector In Q2 2019 : continued on the slower pace which had then depressed work on new residential projects

In H2 2019 : will likely remain flat as the economy slows down

Private Investment

Retail & Modern Trade Sector will continue to invest in new branches in the Bangkok region and in the provinces, although these new outlets may be smaller and the types of goods and services that they offer will vary according to the location

Private Hospital Industry Hospital operators should see steady growth in their business. But expansion could be slow due to complexity of the business and operation

Vision Industry Overview

Public Investment

Don Mueng Airport Phase 3

Suvarnabhum Airport U-tapao Airport and Eastern Airport City

Project Investment budget : 39.000 million bath The project will start in 2020 The project will be officially opened in 2025 Capacity capable of handling : 40 million passengers/year

Investment budget : 290 billion bath The project will start in 2019

Runway III Development Investment budget : 13,000 million bath The project will start in 2019

Risk Factors •Risks associated with continuity and certainty of revenue •Risks from business competition •Risk of Dependence on Executive and lack of capable staff •Risk of new business Start-Up

In 2019

PPS Business Plan

PPS BUSINESS STRATEGY MAXIMIZE VALUE

SCALING

QUALITY

Building Local

Infrastructure/ Factory International Client

ISO/ INNOVATION

BRANDING Intangible Asset Tangible Asset

& INNOVATIONS Quality

MyPPS DOCUMENT CONTROL QUALITY ASSURANCE & SHE POLICY

BIM Object : To choose materials in our data for room decoration

To storage material details such as size, colour, picture, and etc. To resize the model immediately To easily access the system overview

BRANDING PPS

www.pps.co.th

TRUSTWORTHY INNOVATIVE

SOLUTION