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
Page
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