VietJet Aviation Joint Stock Company Key Highlights – Q2/2017 Business result Jul 2017
Disclaimer INFORMATION CONTAINED IN OUR PRESENTATION IS INTENDED SOLELY FOR YOUR REFERENCE. SUCH INFORMATION IS SUBJECT TO CHANGE WITHOUT NOTICE, ITS ACCURACY IS NOT GUARANTEED AND IT MAY NOT CONTAIN ALL MATERIAL INFORMATION CONCERNING THE COMPANY. NEITHER WE NOR OUR ADVISOR MAKES ANY REPRESENTATION REGARDING, AND ASSUMES NO RESPONSIBILITY OR LIABILITY FOR, THE ABILITY, THE ACCURACY OR COMPLETENESS OF, ANY ERRORS OR OMISSION IN, ANY INFORMATION CONTAINED HEREIN. IN ADDITION, THE INFORMATION MAY CONTAIN PROJECTIONS AND FORWARD-LOOKING STATEMENT THAT REFLECTS THE COMPANY'S CURRENT VIEWS WITH RESPECT TO FUTURE EVENTS AND FINANCIAL PERFORMANCE. THESE VIEW ARE BASED ON CURRENT ASSUMPTIONS WHICH ARE SUBJECT TO VARIOUS RISK FACTORS AND WHICH MAY CHANGE OVER TIME. NO ASSURANCE CAN BE GIVEN THAT FUTURE EVENTS WILL OCCURS, THAT PROJECTIONS WILL BE ACHIEVED, OR THAT COMPANY ASSUMPTIONS ARE CORRECT. ACTUAL RESULT MAY DIFFER MATERIALLY FROM THOSE PROJECTED. THIS PRESENTATION IS STRICTLY NOT TO BE DISTRIBUTED WITHOUT THE EXPLICIT CONSENT OF THE COMPANY'S MANAGEMENT UNDER ANY CIRCUMSTANCES . 1
KEY HIGHLIGHTS Vietnam's leading LCC – achieved within just 5 years Vietjet has successfully proven its leading position in the domestic market since 2011. Carried 4.5 mm passengers in Q2/2017, an increase of 16.2% vs Q2/2016. Maintained the high Load Factor approximately 88% . Achieved the highest technical reliability of 99.55% among highest Airlines in Asia Pacific region. The Revenue increased 47% vs Q2/2016 to VND 5,648Bil (1) in Q2/2017. In Q2/ 2017 Vietjet received and start operating 5 new A321 aircraft from Airbus. On July 19th, 2017, the Groundbreaking Ceremony for Vietjet Aviation Academy was held in Saigon High Tech Park (SHTP) located in District 9, Ho Chi Minh City. The Academy is expected to be in operation in 2018, with full flight simulator, supported by Airbus. (1) Seperated Financial Statement Q2/2017 (VAS) 2
OPERATING STATISTICS TOTAL ROUTES OPERATED Modern and young fleet with average age of 3.12 years comprising 30 Airbus A320s and 15 A321s as of 30 June 2017. 73 53 Operated an extensive network of 38 domestic routes and 35 international routes , excluding charter services as of June 30, 2017. Vietjet operated a total of 26,799 flights in Q2/2017, with total Block hours Q2-16 Q2-17 of 52,512 hours. Passengers & Aircraft growth Total head counts of 2,593 coming from more than 30 countries Passengers (m) Total aircraft On-time performance ratio of 85.7% in Q2/2017 45 7.0 Safety indicators of ground operations and Flight operations are also 6.0 38 5.0 highest in the region. 4.0 3.0 4.5 3.9 2.0 1.0 0.0 Q2-16 Q2-17 3
FINANCIAL HIGHLIGHTS – SEPERATED (1) TOTAL ASSETS (VND’Bil) TOTAL EQUITY (VND’bil) 5,490 23,185 15,761 2,328 Q2-16 Q2-17 Q2-16 Q2-17 TOTAL REVENUE (VND’bil) OPERATING PROFIT (VND’bil) 5,648 662 3,843 346 Q2-16 Q2-17 Q2-16 Q2-17 NET INCOME (VND’bil) CASH BALANCE (VND’bil) 599 2,637 1,946 315 Q2-16 Q2-17 Q2-16 Q2-17 4 (1) Financial Highlight based on the Unaudited Separated Financial Statement for Q22017 (VAS).
FINANCIAL HIGHLIGHTS - SEPERATED (1) CASK EX-FUEL (US Cents) RASK (US Cents) 4.35 2.41 4.24 2.19 Q2-16 Q2-17 Q2-16 Q2-17 RASK - CASK (US Cents) EBITDAR MARGIN ( VND’bil/%) 36.2% 37.3% 6,000 30.0% 5,000 4,000 0.0% 3,000 0.52 2,104 0.41 2,000 1,396 -30.0% 1,000 0 -60.0% Q2-2016 Q2-2017 Q2-16 Q2-17 EBITDAR EBITDAR Margin 5 (1) Financial Highlight based on the Unaudited Separated Financial Statement for Q22017 (VAS).
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