TRITON HOLDING PLC. - set.or.th

TRITON HOLDING PLC.

Company presentation

Opportunity Day4 April 2019

1Page

FORWARD LOOKING STATEMENTS

2Page

3

AGENDA

Introduction

Performance 2018

Strategy/Organization

Current projects

Page

117.47

866.54

2,425.33

-

500.00

1,000.00

1,500.00

2,000.00

2,500.00

3,000.00

2016 2017 2018

Consolidated Revenue and Revenue Breakdown

Triton Strega Total

2018 Higher performance and quick turnaround

4Page

Comparison between 2017 and 2018 financial performance

5

30.28 118.24

181.14

536.88

903.79

635.74

544.17

341.62

0.00

250.00

500.00

750.00

1,000.00

Q1 Q2 Q3 Q4

Total Revenue

2017 2018

Total Revenue 2017 2018 % change

Q1 30.28 903.79 2885%

Q2 118.24 635.74 438%

Q3 181.14 544.17 200%

Q4 536.88 341.62 -36%

Total 866.54 2,425.32 180%

Page

Higher performance and quick turnaround

6

(334.70)

(38.81)

148.66

(400.00)

(200.00)

-

200.00

400.00

2016 2017 2018

Year

Net Profit 2016-2018 (MB)

Page

Statement of financial position

7

1,141.30

1,831.64

1,606.15

188.87

936.83

622.80

941.62 893.35 1,007.62

-

1,000.00

2,000.00

2016 2017 2018

Million Baht

Assets Liabilities Shareholders'Equity

Page

Financial ratios

8

-2.63%

9.61%

-5.00%

0.00%

5.00%

10.00%

15.00%

Return on Total Assets

2017 2018

1.05

0.63

-

0.20

0.40

0.60

0.80

1.00

1.20

Debt to Equity

2017 2018

-4.23%

15.64%

-10.00%

-5.00%

0.00%

5.00%

10.00%

15.00%

20.00%

Return on equity

2017 2018

-5.56%

6.36%

-10.00%

-5.00%

0.00%

5.00%

10.00%

Net Profit Margin

2017 2018

1.33

1.69

-

0.50

1.00

1.50

2.00

Current Ratio

2017 2018

1.96

2.58

-

0.50

1.00

1.50

2.00

2.50

3.00

Asset to Debt

2017 2018

Page

2018-Q1 2019 Milestones and updates

Triton Investment Structure

9

• March 2018: NFPT Additional HDD 47km 420million

• March 2019: NFPT Additional HDD11km 110 million and extension of NFPT contract

• MOU signed for LNG Tank and Jetty in Rayong

• LNG Tank and facility in Myanmar

• Subcontract works

• December 2018 : Sales of ordinary shares of Splash Media 99.99% of paid-up share totaling of 225 MB by realized gain from sales of investments in subsidiaries totaling of 108 MB

STREGA SPLASH MEDIA

• July 2018 : Increase the proportion of

investment in Strega which is an direct

subsidiary by purchasing 80 M ordinary

shares at the par value of Baht 0.10 per

share, at the price of Baht 0.25 per share

or representing 4.21% of the paid-up

share capital with totaling of 20 MB

• October 2018 : Increase the proportion of

investment in Strega which is an direct

subsidiary by purchasing 80 M ordinary

shares at the par value of Baht 0.10 per

share, at the price of Baht 0.25 per share

or representing 4.21% of the paid-up

share capital with totaling of 20 MB

Triton holds 1,759,999,986 ordinary shares

or the percentage of shareholding is 92.63%

of paid-up share capital of Strega

TRITON HOLDING

Page

2019 Transformation Year

10

2019 Looking forward

• To position TRITON to create more value from a turnaround year in 2018.

• Focusing on creating higher shareholder returns

• Strategy, execution and passion to drive results

• Bids for subcontract works in mega projects

2019 Transformation

• Extended the contract and increased project value (NFPT)

• Profit & approved for first dividend payment

• Signed 2 MOUs around THB 10,000 million of project value

• Invest in recurring income businesses such as waste management and power plant

Page

11

New Corporate structure

Page

100% 100% 51% 100%

Engineering and construction

Power generation (solar, wind, hydro,

and gas)

Waste management and waste to energy

with Hangzhou Jinjiang Group

Building materials and mines (rock and

sand)

Triton Holding Plc.

12

New Corporate structure

Page

Triton Holding has gone through major transformations into a diversified industry group, with key businesses that will capitalize on the rise of Thailand’s mega infra-structure projects, and power industries.

The company has strong balance sheet: Low debt on balance sheet, and has cash on hands of more than THB 550 million. Plan

new private placement of THB 560 million in process.

Triton’s strategy is to partner with strong global players to expand its businesses – leverage expertise from partners, and fully using its own local networks and platform to develop projects and businesses.

Financially, Triton plans to maximize profits over the next 5 years from construction boom from mega-projects in Thailand, and in parallel utilizing the profits to invest into recurring income businesses (power generation, waste management, waste to energy, and mining/ building materials businesses).

13

Portfolio strategy; increase recurring income business

to balance with EPC income

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EPC project executions –grow organically

Potential partnering with other EPC companies with healthy pipeline

Investment and development of power plants

Triton Solar established to roll-out solar roof top projects

Development and acquisition of waste management and waste-to-energy projects

Waste management is considered Thailand’s prioritized national problem

Development and acquisition of building material and resource assets

• Recurring income projects are capital-intensive, and more time consuming to develop/ acquire to generate cashflow

• Target medium-to-long term buildup

Recurring income stream

14

Project plan and pipeline

ProjectProject Value Back log

(Million Baht)

Ongoing project

NFPT Project 3,720 1,271

NFPT Project: Booster Pump 216 18

Underground construction of duct bank and manholes 35 3

Map Amarit Station 59 59

Railway Crossing M.399+330 60 60

Railway Crossing M.393+787 60 60

PNK Project: HDD 85 85

Sub total 4,238 1,569

Tentative Project

LNG Tank & Pipeline Mataput Rayong Phase 1 9,000 8,146

1903 : Southern Myanmar Development Project (Myanmar Hnit Ka Yin Zone 1 Project) 1,914 1,914

Sub total 10,914 10,060

Grand Total 15,152 11,629

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15Page

Our projects

NFPT HDD works of Phase 1

16Page

Our projects

NFPT Booster pump project

17Page

Our projects

Map Amarit Station

ภาพตวัอยา่ง

18Page

Our projects

Railway crossing km 399+330

ตวัอยา่ง

19Page

Our projects

Railway crossing km 393+787

ภาพตวัอยา่ง