praram 9 hospital - listed company

PRARAM 9 HOSPITAL Analyst Meeting : 2Q20 Results

21 August 2020

Operational Statistics & Financial Performance

Corporate Strategies

2

3

Business Update & Project Update4

Overview & PR9’s Strengths1

Agenda

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2

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Agenda

P.4

Increased registered capital to THB 600 mm

1st private hospital with 64 Slice CT Scan

Implementation of Pharmacy Robot

Signed Kidney referral MOUs

Started new building construction

1st private hospital with 640 Slice CT Scan

500 Kidney Transplant Cases

Started using4D Ultrasound

2016 20182017201320041992 2001 2005

Started hospital operation, with THB 400 mm registered capital

Listed in the Stock Exchange of Thailand, with THB 800

mm registered capital

2019

Excellence CG Scoring

P.5

2010

Accredit Effective Status by JCI

Accredited CCPC for Kidney Transplant

900 Kidney Transplant Cases

64 Slice CT Scan

4D Ultrasound

Company Milestones

Pharmacy Robot 640 Slice CT Scan MOU – Kidney Referral

Kidney TransplantJoint Commission International

2020

Telemedicine Platform

Praram 9 Medical Center

Praram 9 Medical Center

PR9 Overview Snapshot

3 Medical Institutes plus 22 Medical Centers

Me

dic

al

Ac

cre

dit

ati

on

Tech

no

log

yO

ther

Key A

ch

ievem

en

ts

✓2010 / 2013 / 2016 / 2019 – JCI (4th accredited)✓2016 / 2019 - CCPC: Kidney

✓2000 - ISO 9001:1994✓2003 - ISO 9001:2000

✓2004 / 2007 - HA Level 3

− 2017 : 640-slice CT Scan− 2016 : Pharmacy Robot − 2005 : 64-slice CT Scan− 2004 : 4D Ultrasound

2017: Best Utilization Award

AXA Provider Award

2017: Fertility Service Provider of the Year

Global Health and Travel Awards 2017

Imaging Center

(X-Ray)

Mind Center

Breast Clinic Hair Center

Eye Center

Obstetric

Gynecology Center

Orthopedic

Center

Medicine Center

Surgery CenterPediatrics

Center

Ear Nose and

Throat Center

Dental CenterCheck-Up

Center

Skin and Cosmetic

Laser Surgery Center

Physical Therapy &

Rehabilitation Center

Emergency Center

Gastroenterology (GI)

and Hepatobiliary

(Liver) Center

Neurology

Center

Diabetes & Metabolic

Center

Thyroid Center

Cardiovascular

InstituteKidney Disease &

Transplant Institute

W9 Wellness Center

Joint Care

Center

2019:Thailand Top Company Awards 2019: Healthcare Sector (2nd year)

Business+ magazine & University of the Thai Chamber of Commerce

2019:Excellent CG Scoring

The Stock Exchange of Thailand & Thai Institute of Directors

P.6

2019:Good Governance Hospital Certificate

Department of Internal Trade, Ministry of Commerce

2019:Thailand’s Most Admired Company: No.4 in Private Hospital Sector

BrandAge magazine

2019: Muang Thai Life Assurance Hospital Awards

1St Runner Up : Innovations Hospital Awards

Advanced Pain

Management &

Wellness

PR9’s Strengths

➢ Complex Medical Treatments• Tertiary-care hospital with world class medical quality & Excellence Doctors

JCI Accreditation plus specialty accreditation (Kidney Disease & Transplant Institute)

➢ Value for Money Services • PR9’s Pricing policy with International Standard of tertiary care and high-class service quality

=> Good Governance Hospital Certificate: Department of Internal Trade, Ministry of Commerce

➢ Strategic Location in New CBD• Prime location with strong healthcare demand and promising growth opportunities

=> High density populated area (office building / residential commute / embassy / life-style center etc.), including the new Chinese expat community

P.7

Complex Medical Treatments & Excellence Doctors

“โรคซบซอน โรคเรอรง เราเชยวชาญ”ดวยทมแพทยเฉพาะทาง มากกวา 500 ทาน

P.8

Value for Money Services

Date: 19 December 2019

Received “GGH (Good Governance Hospital) certificate”From Mr. Jurin Laksanawisit, Deputy Prime Minister and Minister of Commerce

P.9

Received the “Green-Rated” HospitalFrom Department of Internal Trade, Ministry of Commerce: Offer Friendly Medicine Pricing for the Patientshttps://hospitals.dit.go.th/app/drug_price_search.php

https://hospitals.dit.go.th/app/drug_price_search.php

Strategic Location in New CBDLocated in New CBD area &

New China-Town (Huai Khwang-Ratchada)

Note (1): Include Huaykwang, Makkasan, Klong TeoyNuea, Klong Tun Nuea, Bangkapi, Dindang area

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2

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Agenda

P.11

Total Revenue

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Total Revenue

374.3 376.0 419.1 414.8 372.2 271.2

750.3 643.5

320.9 294.7 324.4 324.3 286.7244.2

615.6530.9

9.1 9.19.7 13.3

7.28.9

18.2

16.1

1Q19 2Q19 3Q19 4Q19 1Q20 2Q20 6M 2019 6M 2020

OPD Revenue IPD Revenue Other revenueUnit: THB mm

(44%)(56%)

(44%)(56%)

(46%)(54%)

(44%)(56%)

(44%)(56%)

(45%)(55%) (45%)

(55%)

704.3 679.8 753.2 752.4666.1

1,384.1

1,190.4

524.3

(47%)(53%)

-22.9% YOY

-14.0% YOY

Total Revenue -22.9%Medical Revenue -23.1%

OPD -27.9%IPD -17.1%

561.1 481.7

109.6

2Q19 2Q20

Thai Inter

-14.1%

-69.2%

Revenue Breakdown : 2Q19 & 2Q20

Unit: THB mmTotal Revenue

507.8 397.3

132.9

100.6

30.0

17.5

2Q19 2Q20

Self Pay Insurance Contract Comp.

-41.6%

-21.8%

-24.3%

4%20%76%

3%20%77%

376.0271.2

294.7

244.2

9.1

8.9

2Q19 2Q20

OPD IPD Other rev.

44%56%

By Payor Revenue

By Nationality Revenue

47%53%

7%93%

16%84%

679.8524.3

P.13

33.7

Med. Rev.515.4

Med. Rev.670.7

Total Revenue -14.0%Medical Revenue -14.0%

OPD -14.2%IPD -13.8%

1,150.6 1,036.6

215.4 137.8

6M 2019 6M 2020

Thai Inter

-9.9%

-36.0%

Revenue Breakdown : 6M 2019 & 6M 2020

Unit: THB mmTotal Revenue

1,035.4887.0

270.4

242.0

60.1

45.3

6M 2019 6M 2020

Self Pay Insurance Contract Comp.

-24.6%

-14.3%

-10.5%

4%20%76%

4%21%75%

750.3 643.5

615.6530.9

18.216.1

6M 2019 6M 2020

OPD IPD Other rev.

45%55%

By Payor Revenue

By Nationality Revenue

45%55%

88%

16%84%

1,384.11,190.4

P.14

12%

Med. Rev.1,365.9 Med. Rev.

1,174.4

105 106117 116

102

76

1Q19 2Q19 3Q19 4Q19 1Q20 2Q20

Key Operational Volume

Unit: ’000 visits

OPD Visits

OPD

-28.9% (YOY)

IPD Average Daily Census (ADC)

10691

109 10789

68

1Q19 2Q19 3Q19 4Q19 1Q20 2Q20

IPD

-24.8%(YOY)

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Occupancy Rate : Normal Ward, ICU-CCU

125142 142 142 142 142 142

24 24 24 24 24 24 24

P.16

142 142 142 142 142 142

24 24 24 24 24 24

61.4%52.4%

64.6% 62.5%51.2%

38.0%

77.8% 72.7% 73.4% 74.7%67.0%

59.8%

1Q19 2Q19 3Q19 4Q19 1Q20 2Q20

Normal Ward ICU-CCU Ward Occupancy Rate ICU-CCU Occupancy Rate

Remark: Ward No.7 (21 beds) was closed during the 2Q20; therefore the adjusted occupancy rate for normal ward bed would be 44.6% in 2Q20

143.4 83.9 150.6 133.3 84.0 55.2

20.4%

12.3%

20.0% 17.7%12.6% 10.5%

1Q2019 2Q2019 3Q2019 4Q2019 1Q2020 2Q2020EBITDA EBITDA Margin

86.1 35.7 88.8 73.9 37.3 11.4

12.2%

5.2%

11.8% 9.8%5.6%

2.2%

1Q2019 2Q2019 3Q2019 4Q2019 1Q2020 2Q2020Net Profit Net Profit Margin

224.8 181.5 237.6 232.3 171.0 118.7

32.3% 27.1% 32.0% 31.4% 26.0% 23.0%

1Q2019 2Q2019 3Q2019 4Q2019 1Q2020 2Q2020Gross Profit Gross Profit Margin

Profitability : Quarterly

Unit: THB mm

Gro

ss

Pro

fit

EB

ITD

AN

et

Pro

fit

Unit: THB mm

Unit: THB mm

16.4%

57.88.5%

111.5

197.029.4%

P.17Remark: Without the one-time expense item from the stipulated of the Labor Protection Act in 2Q2019 ;

the Gross Profit, EBITDA and Net Profit in 2Q2020 would drop 39.7% yoy, 50.5% yoy and 80.3% yoy respectively.

Balance Sheets

P.18

211 186

2,8623,291

1,643 1,060

Dec 2019 Jun 2020Other LT Asset PPE Current Asset

Total Assets

4,039 3,975

155164

523

399

Dec 2019 Jun 2020Equity Non-Current Liabilities Current Liabilities

Total Liabilities & Shareholders' Equity

4,717 4,7174,5374,537

+429 / (+15.0%)

-25 / (-11.9%)

-583 / (-35.5%)

-124 / (-23.8%)

-64 / (-1.6%)

+9 / (+5.9%)

Balance Sheets

Solid Balance Sheets

2,095

3,873 4,039 3,975762

551 678 556

Dec-17 Dec-18 Dec-19 Jun-20

Equity IBD Non-IBD

Unit: THB mm

2,857

4,4244,717

0.36

0.14 0.17 0.14

Dec-17 Dec-18 Dec-19 Jun-20

D/E Ratio

D/E Ratio

P.19

4,537

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Agenda

P.20

PRARAM 9 HOSPITAL : Corporate Strategy

A = ADVANCEDSpecialized, Integrated Solution

for Complex Disease

B = BETTERQuality of Life for All Age

Group

V = VIRTUALHospital for New Normal

“ PRARAM9 A-B-V ”

P.21

โรงพยาบาลพระรามเกา ยกระดบการใหบรการสขภาพสความเชยวชาญกาวหนาในการดแลรกษาผปวยโรคซบซอน เชน กลมโรค NCD (ไต, หวใจ, เบาหวาน), โรคมะเรงทพบบอย, โรคในผสงอาย, การผาตดผานกลองในทกสาขาวชา

รวมทงพฒนาบรการใหมๆ ส าหรบกลมลกคาทสขภาพด และมความตองการสรางเสรมสขภาพใหเขมแขง เพอคณภาพชวตทดกวา รวมไปถงการปองกนกอนการเจบปวย

พฒนาระบบการใหบรการอยางครบวงจรผานชองทางใหมๆ ทมความตองการจากกลมลกคาใหมๆ เชน การพฒนาโรงพยาบาลในระบบ Virtual, การใหบรการนอกสถานท ครอบคลมลกคาไดกวางไกลมากขน

โดยการพฒนาความเชยวชาญอยางตอเนองของทมแพทยและบคลากร พรอมเครองมอทางการแพทยรวมถงเทคโนโลย IT ททนสมย ในบรรยากาศผอนคลาย ดวยบรการทอบอน ภายใตความเชอมน และไวใจในภาพลกษณของ โรงพยาบาลพระรามเกา

Praram9 Hospital : Corporate Strategy“ PRARAM9 A-B-V ”

P.22

“ PRARAM9 A-B-V : ADVANCED-BETTER-VIRTUAL ”

ADVANCED BETTER VIRTUAL

640 Slice CT ScanAdvanced Medical Centers Ice LabHydrotherapy

W9 WellnessManuthera Manipulation Bed

Remote Healthcare

Telemedicine

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2

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Agenda

P.24

Kidney Transplant Cases

Network Expansion and Medical Cooperation

Medical Network for Kidney Transplant

P.25

82 84

2018 2019

44 55

7M 2019 7M 2020

1. โรงพยาบาลตรงรวมแพทย 2. โรงพยาบาลสรเวช จนทบร 3. โรงพยาบาลราษฎรยนด หาดใหญ 4. โรงพยาบาลปากน าโพ นครสวรรค 5. โรงพยาบาลอบลรกษ ธนบร 6. โรงพยาบาลนรนดรการแพทย7. โรงพยาบาลทกษณ สราษฎรธาน 8. โรงพยาบาลสโรรส ยะลา 9. โรงพยาบาลสโรรส ปตตาน10. โรงพยาบาลธนบร ชมพร 11. โรงพยาบาลธนบร ทงสง12. โรงพยาบาลศรเวช ล าพน

Hospitals Network Nationwide

PR9 Kidney Transplant Teams

28th Anniversary

P.26

Baht 379,000.-

Product Highlight

P.27

Baht 186,000.- Baht 279,000.- Baht 249,000.-

Baht 270,000.- Start Baht 83,900.- Baht 45,000.- / 30 times Baht 222,000.-

Alternative State Quarantine

P.28

Alternative State Quarantine (ASQ)SC PARK Hotel & PR9

&

Alternative Hospital Quarantine

P.29

Telemedicine and Remote HealthcareFor all customer groups including insurance patient

S-Patch Cardio : Real-Time ECG Monitoring SolutionTarget Customer :1. Healthy People2. Uncomplicated Patient3. Some Complicated Patient

Telemedicine and Remote Healthcare

P.30

NEXT STEP >>➢ Doctor appointment system & nursing services in the outreach clinic➢ Pharmacy inventory checking system and real-time report➢ Registration system via the customer’s employee card

Outreach Clinic

Current Key Customers

P.31

PRARAM 9 Medical Center B2-B1 : Parking, Community Lounge, Food SpaceFl.1-2 : Registration, PR, Event Space, Retail, ParkingFl.3-6 : ParkingFl.7 : GI Endoscopy, OR, Recovery RoomFl.8 : OPD GI, EYE Center, ENT & Allergy Center, Pharmacy, Cashier Fl.9 : Skin Center, Mind Center, X-Ray, LabFl.10 : OPD Pediatric, Dental CenterFl.11 : Advanced Pain Management & Wellness Institute (The Fix & The Fit)Fl.12 : Comprehensive Check-Up Fl.14 : Data Center, IT, Function Area, Executive Office, IPD PharmacyFl.15-17 : IPD Ward, VIP Room, VIP Lounge

New Building : PRARAM 9 Medical Center (Building B)

P.32

Land : 2-3-89 RaiUsable Area : 24,500 m2

OPD Room : 83 Exam RoomsIPD Room : 59 Ward BedsParking : 381 Cars

Fl.1 – Fl.2 : Registration, Event Space, Restaurant, Retail


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: Fl.7 – Operating Room / Recovery Room / GI Scope

P.34

: Fl.9 – Lab, X-Ray, Skin, Mind Center


Fl.11 : สถาบนรกษาความปวดและสรางเสรมความเขมแขงAdvanced Pain Management & Wellness Institute (Fix & FIT)

P.35


Advanced Pain Management & Wellness Institute (Fix & FIT)

P.36

Proactive healthcare for severe and chronic pain in different parts of the body which does not focus on the use of medication but by using modern medical technology along with complementary treatments. Aims at balancing the body to strengthen its physical condition and decrease the chance of any pain from returning leading to a healthy lifestyle.

Website - http://fixandfit.praram9.com/en/

http://fixandfit.praram9.com/en/


P.37

For more information, please visit our website : http://fixandfit.praram9.com/en/


http://fixandfit.praram9.com/en/

: Fl.15 & Fl.17 – IPD Ward P.38


: Office Building: Nurse Condominium

P.39

Office Building & Nurse Condominium

“Thank You”

praram 9 hospital - listed company

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