Intouch Holdings Plc. Opportunity Day 1Q17 › dat › registration › oppday › ... · 5/18/2017...

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%


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.


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


• 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


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


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


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


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


Q&A

Prepared by Group Investor Relations 12

Intouch Holdings Plc. Opportunity Day 1Q17 › dat › registration › oppday › ... · 5/18/2017...

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