PPB at a glance

 

PPB at a glance

 

Perlis Plantation Berhad

 

Fiscal year is January-December. 

2021 2020 2019 2018 2017 5-year trend 

INCOME STATEMENT

All values MYR Millions.

Sales/Revenue 4,857 4,191 4,684 4,528 4,284 

Sales Growth 15.91% -10.53% 3.43% 5.69% -

 Gross Income 399 430 630 561 540

 Gross Income Growth -7.10% -31.79% 12.25% 3.90% -

 Gross Profit Margin 8.22% - - - - 

SG&A Expense 408 388 416 365 348

 Other SG&A 408 388 416 365 348

 SGA Growth 5.10% -6.64% 13.90% 4.87% - 

Non Operating Income/Expense 58 (2) 7 (7) (10)

 Interest Expense 35 29 34 34 36

 Pretax Income (80) 74 237 1,168 1,271

 Pretax Income Growth -207.20% -68.68% -79.71% -8.10% -

 Pretax Margin -1.64% - - - - 

Equity in Affiliates 1,578 1,347 1,035 - -

 Consolidated Net Income 1,507 1,363 1,199 1,103 1,217

 Minority Interest Expense 11 46 47 28 33

 Net Income 1,496 1,317 1,153 1,075 1,184

 Net Income Growth 13.60% 14.26% 7.20% -9.17% -

 Net Margin 30.80% - - - -

CASH FLOW STATEMENT

 All values MYR Thousands. 

Net Income before Extraordinaries 1,498,073.0 1,420,933.0 1,271,628.0 1,167,683.0 1,270,599.0

 Net Income Growth 5.43% 11.74% 8.90% -8.10% -

 Depreciation, Depletion & Amortization 168,408.0 182,421.0 172,695.0 181,538.0 182,354.0

 Funds from Operations 711,104.0 732,885.0 752,406.0 745,435.0 620,377.0 

Net Operating Cash Flow 298,157.0 533,137.0 811,096.0 893,144.0 330,143.0

 Net Operating Cash Flow Growth -44.07% -34.27% -9.19% 170.53% -

 Net Operating Cash Flow / Sales 6.14% 12.72% 17.32% 19.72% 7.71%

 Capital Expenditures (222,113.0) (126,453.0) (142,640.0) (150,622.0) (168,683.0) 

 Capital Expenditures Growth -75.65% 11.35% 5.30% 10.71% -

 Capital Expenditures / Sales -4.57% -3.02% -3.05% -3.33% -3.94% 

 Free Cash Flow 107,831.0 429,072.0 668,456.0 742,522.0 161,460.0

 Free Cash Flow Growth -74.87% -35.81% -9.97% 359.88% -

 Free Cash Flow Yield - 2.36% - - - -

 Cash Dividends Paid - Total (682,847.0) (467,170.0) (424,254.0) (394,013.0) (327,248.0)

BALANCE SHEET

 All values MYR Millions. 

Cash & Short Term Investments 1,270 1,389 1,483 1,361 1,307 

Cash & ST Investments / Total Assets 4.64% 5.58% 6.29% 5.86% 5.70%

 ST Debt & Current Portion LT Debt 1,018 485 386 501 775 

Long-Term Debt 403 265 232 253 276 

 Total Accounts Receivable 1,060 863 746 777 915

 Accounts Receivable Growth 22.84% 15.63% -3.88% -15.12% -

 Accounts Receivable Turnover 4.58 4.86 6.27 5.83 4.68

 Accounts Payable 326 212 407 446 230

 Accounts Payable Growth 54.04% -48.02% -8.73% 93.89% -

 Total Current Assets 3,694 2,994 3,151 3,139 3,142 

Total Current Liabilities 1,679 934 1,085 1,168 1,225

 Current Ratio 2.20 3.21 2.90 2.69 2.56

 Quick Ratio 1.52 2.46 2.13 1.89 1.88

 Cash Ratio 0.76 1.49 1.37 1.17 1.07 

 Net Property, Plant & Equipment 1,794 1,679 1,686 1,621 1,679 

Total Assets 27,397 24,884 23,580 23,245 22,939

 Assets - Total - Growth 10.10% 5.53% 1.44% 1.33% -

 Asset Turnover 0.19 - - - -

 Return On Average Assets 5.72%

 Total Investments and Advances 21,782 20,116 18,649 18,386 18,018

 Total Liabilities 2,217 1,337 1,449 1,508 1,583

 Total Liabilities / Total Assets 8.09% 5.37% 6.14% 6.49% 6.90% 

 Common Equity (Total) 24,431 22,819 21,435 21,040 20,680

 Common Stock Par/Carry Value 1,429 1,429 1,429 1,429 1,192

 Retained Earnings 18,725 18,012 17,180 16,444 15,992 

 Total Shareholders' Equity 24,431 22,819 21,435 21,040 20,680

 Total Shareholders' Equity / Total Assets 89.18% 91.70% 90.91% 90.52% 90.15%

 Accumulated Minority Interest 749 728 696 697 676

 Total Equity 25,180 23,546 22,131 21,737 21,356

 Liabilities & Shareholders' Equity 27,397 24,884 23,580 23,245 22,939 

 Average Growth Rates 

PPB Group Bhd 

Past Five Years Ending 12/31/2021 (Fiscal Year) 

Revenue +2.57%

 Net Income +4.82%

 Earnings Per Share +4.82% 

Capital Spending +6.33%

 Gross Margin +15.02%

 Cash Flow -2.13% 

 KEY STOCK DATA 

P/E Ratio (TTM) 10.70(12/20/22) 

EPS (TTM) RM1.61 

Market Cap RM25.38 B 

Shares Outstanding N/A 

Public Float 596.55 M 

Yield 2.04%(12/20/22) 

Latest Dividend RM0.119999997(09/28/22) 

Ex-Dividend Date 09/08/22

PPB expects Wilmar to continue supporting financial performance

PPB expects Wilmar to continue supporting financial performance
March 3, 2018, Saturday



KUALA LUMPUR: Diversified PPB Group Bhd expects contributions from agri-based Wilmar International Ltd to continue to support the company’s financial performance this year.

PPB managing director, Lim Soon Huat, said for financial year ended Dec 31, 2017 (FY17), Wilmar’s contributions helped boost the group’s profit by 29 per cent to RM970 million from RM750 million in FY16.

Lim said Wilmar, which PPB has a 18.5 per cent stake, has adopted an integrated business model and this has actually benefitted PPB as Wilmar was not relying heavily on the palm oil business.

“Their businesses are not only palm oil and the fact that they have big presence geographically, including China, will do good to PPB,” Lim said, adding that Wilmar’s share in palm oil consumer pack in China stood at about 40 per cent.

Lim said this to reporters after PPB’s press and analyst briefing yesterday.

He said the company’s indirect subsidiary, VFM-Wilmar Flour Mills Co Ltd, was in the midst of expanding its milling capacity by setting up a new flour mill at its existing location in Vietnam with additional capacity of 500 metric tonnes per day for US$21 million (US$1 = RM3.91).

On PPB’c core businesses, he said, the company has set aside RM622 million capital expenditure (capex) for the next four years.

“Of the capex, RM296 million will be used for its film, exhibition and distribution segment. The company plans to open nine new cinemas, of which eight would operate under Golden Screen Cinemas brand and would be located in Malaysia while another one is expected to be opened in Phnom Penh, Cambodia,” he said.

On Dec 8, 2017, PPB’s wholly-owned unit, Mediamore Sdn Bhd, has acquired entire issued and paid-up capital of LGSC Cambodia Ltd.

As for its grains and agribusiness, which contributed 67 per cent to the company’s revenue in FY17, PPB has allocated RM259 million, of which the amount would be channelled to flour mills in China and Vietnam.

The remaining RM67 million would be set aside for consumer products, environmental, engineering and utilities,property and other segments.

For the FY17, the company’s net profit was slightly higher and stood at RM1.24 billion as compared with RM1.11 billion recorded in the previous year, while its revenue rose to RM4.31 billion vis-a-vis RM4.19 billion chalked up in FY16. — Bernama

PPB (Perlis Plantation Berhad) 23.8.2017

PPB		23.8.2017
5 Years Quarterly Report History
Qtr	Financial	Revenue	…	PBT	…	PAT	…	PBT
No	Quarter	(RM,000)	…	(RM,000)	…	(RM,000)	…	Margin
1	31-Mar-17	1,033,263	…	389,570	…	358,266	…	37.7%
4	31-Dec-16	1,023,445	…	526,825	…	496,028	…	51.5%
3	30-Sep-16	983,726	…	429,725	…	381,445	…	43.7%
2	30-Jun-16	1,056,591	…	-28,856	…	-78,720	…	-2.7%
1	31-Mar-16	1,122,614	…	283,416	…	246,240	…	25.2%
4	31-Dec-15	1,090,600	…	378,748	…	341,021	…	34.7%
3	30-Sep-15	994,709	…	336,894	…	294,739	…	33.9%
2	30-Jun-15	986,019	…	198,939	…	182,636	…	20.2%
1	31-Mar-15	976,986	…	266,541	…	232,915	…	27.3%
4	31-Dec-14	933,214	…	295,927	…	281,434	…	31.7%
3	30-Sep-14	927,965	…	366,266	…	324,698	…	39.5%
2	30-Jun-14	956,644	…	192,243	…	166,375	…	20.1%
1	31-Mar-14	883,185	…	173,708	…	144,272	…	19.7%
4	31-Dec-13	900,187	…	315,269	…	280,692	…	35.0%
3	30-Sep-13	830,395	…	292,980	…	286,058	…	35.3%
2	30-Jun-13	818,489	…	214,484	…	191,126	…	26.2%
1	31-Mar-13	763,846	…	256,316	…	236,343	…	33.6%
4	31-Dec-12	782,623	…	331,321	…	305,994	…	42.3%
3	30-Sep-12	779,873	…	261,937	…	249,235	…	33.6%
2	30-Jun-12	758,475	…	123,902	…	108,419	…	16.3%
5 Years Trailing 4 Quarters
No.	Financial	ttm-Rev	…	ttm-PBT	…	ttm-PAT	…	ttm-PBT
Qtr.	Quarter	(RM,000)	…	(RM,000)	…	(RM,000)	…	Margin
1	31-Dec-17	4,097,025	…	1,317,264	…	1,157,019	…	32.2%
4	31-Dec-16	4,186,376	…	1,211,110	…	1,044,993	…	28.9%
3	31-Dec-16	4,253,531	…	1,063,033	…	889,986	…	25.0%
2	31-Dec-16	4,264,514	…	970,202	…	803,280	…	22.8%
1	31-Dec-16	4,193,942	…	1,197,997	…	1,064,636	…	28.6%
4	31-Dec-15	4,048,314	…	1,181,122	…	1,051,311	…	29.2%
3	31-Dec-15	3,890,928	…	1,098,301	…	991,724	…	28.2%
2	31-Dec-15	3,824,184	…	1,127,673	…	1,021,683	…	29.5%
1	31-Dec-15	3,794,809	…	1,120,977	…	1,005,422	…	29.5%
4	31-Dec-14	3,701,008	…	1,028,144	…	916,779	…	27.8%
3	31-Dec-14	3,667,981	…	1,047,486	…	916,037	…	28.6%
2	31-Dec-14	3,570,411	…	974,200	…	877,397	…	27.3%
1	31-Dec-14	3,432,256	…	996,441	…	902,148	…	29.0%
4	31-Dec-13	3,312,917	…	1,079,049	…	994,219	…	32.6%
3	31-Dec-13	3,195,353	…	1,095,101	…	1,019,521	…	34.3%
2	31-Dec-13	3,144,831	…	1,064,058	…	982,698	…	33.8%
1	31-Dec-13	3,084,817	…	973,476	…	899,991	…	31.6%
4	31-Dec-12	3,017,926	…	916,814	…	842,152	…	30.4%
3	31-Dec-12	2,979,500	…	811,546	…	745,461	…	27.2%
2	31-Dec-12	2,909,890	…	801,991	…	725,631	…	27.6%
5 Years Adjusted EPS, DPS, NTA and ttm-EPS for capital changes
Shrs m	1185.5	adj	…	adj	…	adj	…	adj	…	adj
Qtr	Financial	EPS	…	DPS	…	NTA	…	ttm-EPS	…	ttm-DPS
No	Quarter	(Cent)	…	(Cent)	…	(RM)	…	(Cent)	…	(Cent)
1	31-Mar-17	30.22	…	0.0	…	18.08	…	97.60	…	25.00
4	31-Dec-16	41.84	…	17.0	…	17.69	…	88.15	…	25.00
3	30-Sep-16	32.18	…	0.0	…	16.45	…	75.07	…	25.00
2	30-Jun-16	-6.64	…	8.0	…	15.78	…	67.76	…	25.00
1	31-Mar-16	20.77	…	0.0	…	15.86	…	89.80	…	24.99
4	31-Dec-15	28.77	…	17.0	…	16.80	…	88.68	…	24.99
3	30-Sep-15	24.86	…	0.0	…	16.91	…	83.65	…	24.00
2	30-Jun-15	15.41	…	8.0	…	15.13	…	86.18	…	24.00
1	31-Mar-15	19.65	…	0.0	…	14.89	…	84.81	…	23.00
4	31-Dec-14	23.74	…	16.0	…	14.19	…	77.33	…	23.00
3	30-Sep-14	27.39	…	0.0	…	13.35	…	77.27	…	24.00
2	30-Jun-14	14.03	…	7.0	…	13.04	…	74.01	…	24.00
1	31-Mar-14	12.17	…	0.0	…	13.25	…	76.10	…	25.00
4	31-Dec-13	23.68	…	17.0	…	13.21	…	83.86	…	25.00
3	30-Sep-13	24.13	…	0.0	…	12.89	…	86.00	…	21.00
2	30-Jun-13	16.12	…	8.0	…	12.52	…	82.89	…	21.00
1	31-Mar-13	19.94	…	0.0	…	12.35	…	75.91	…	20.00
4	31-Dec-12	25.81	…	13.0	…	12.04	…	55.98	…	20.00
3	30-Sep-12	21.02	…	0.0	…	11.75	…	1215.69	…	7.00
2	30-Jun-12	9.15	…	7.0	…	11.96	…	2380.21	…	7.00
Capital changes
No.	Financial	No of
Qtr.	Quarter	Shrs (m)
1	31-Mar-17	1185.5
4	31-Dec-16	1185.5
3	30-Sep-16	1185.3
2	30-Jun-16	1185.5
1	31-Mar-16	1185.6
4	31-Dec-15	1185.3
3	30-Sep-15	1185.6
2	30-Jun-15	1185.2
1	31-Mar-15	1185.3
4	31-Dec-14	1185.5
3	30-Sep-14	1185.5
2	30-Jun-14	1185.9
1	31-Mar-14	1185.5
4	31-Dec-13	1185.4
3	30-Sep-13	1185.5
2	30-Jun-13	1185.6
1	31-Mar-13	1185.3
4	31-Dec-12	1185.6
3	30-Sep-12	1185.7
2	30-Jun-12	1184.9
1	31-Mar-12	1185.3
4	31-Dec-11	1185.2
3	30-Sep-11	1185.6
2	30-Jun-11	1238.5