Bangkok Expressway and Metro Public Company Limited (BEM) FEBRUARY 2021 Business Overview
Bangkok Expressway and Metro Public Company Limited (BEM) FEBRUARY 2021 Business Overview COMMERCIAL ROAD INVESTMENT RAIL DEVELOPMENT Total Expressway Total Rail BL = IBL + BL Ex Infrastructure portfolio SES 38.50 km BL 48 km 38 stations For advertising in Stations & • Owns 99.99% in NECL Sector C+ 32.00 km PPL 23 km 16 stations Trains, Retailing and • Owns 90.52% in BMN SOE 17.06 km Total 71 km 54 stations Telecommunications • Owns 18.47% in TTW Total 87.56 km • Owns 16.64% in CKP BL Ridership PPL to be negotiated with MRTA Traffic Volume Jan 2021 Profit sharing in P&L Jan 2021 151,237 trips/day Expressway Ads on SES Y2019 173 MB 799,583 trips/day Growth -61.95% YoY 9M/2020 - MB Growth -34.30% YoY Avg. 2021 CD Revenue Avg. 2021 151,237 trips/day Y2019 783 MB Cash Dividend Received 799,583 trips/day Growth -61.95% YoY 9M/2020 586 MB Y2019 489 MB Growth -34.30% YoY Growth 4.30% YoY 9M/2020 483 MB BL farebox Tolls Revenue Jan 2021 Jan 2021 4.24 MB/day 17.33 MB/day Growth -60.05% YoY Growth -37.67% YoY Avg. 2021 Avg. 2021 4.24 MB/day 17.33 MB/day Growth -60.05% YoY Growth -37.67% YoY PPL O&M service income Annual Income apx.1,800 - 2,000 MB/year 2 Financial Highlights & Earnings Outlook REVENUE STRUCTURE TOTAL REVENUE As of 9M/2020 Unit: MB SteadyRevenue with Growth 20,404 trong Earnings with Good Dividend 19,087 S Rail : 34% 15,393 13,232 Stable Cash Flow Road : 60% 10,589 Road Gearing for new investment Rail Commercial CD Development : Other 6% 2016 2017 2018 2019 9M/2020 NET PROFIT DPS / EPS NET IBD/E Unit: MB Unit: THB Unit : Times 5,317* 5,435** 1.44 3,123 0.35* 0.36** 1.38 2,606 1.37 1.34 1,482 0.20 1.33 0.17 0.15 0.15 0.11 0.13 0.10 DPS EPS 2016 2017 2018 2019 9M/2020 2016 2017 2018 2019 9M/2020 2016 2017 2018 2019 9M/2020 Remark : * Including non - cash extra item from reclassified the investment in CKP ** Including non - cash extra item from reclassified the investment in TTW 3 Expressway Map Expressway Network Distance (km) Operator 1.
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