20170607 Secura Corporate Presentation 7 June 2017 Final · 2019. 9. 24. · Enters Thai market...
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Corporate Presentation 7 June 2017 (Company Registration No.: 201531866K)
Transcript of 20170607 Secura Corporate Presentation 7 June 2017 Final · 2019. 9. 24. · Enters Thai market...
Corporate Presentation7 June 2017
(CompanyRegistrationNo.:201531866K)
DisclaimerThis presentation has been prepared by Secura Group Limited (the “Company”) and its contents have been reviewedby the Company’s sponsor, United Overseas Bank Limited (the “Sponsor”) for compliance with the relevant rules ofthe Singapore Exchange Securities Trading Limited (the “SGX-ST”). The Sponsor has not independently verified thecontents of this presentation.
This presentation has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility forthe contents of this presentation, including the correctness of any of the statements or opinions made, or reportscontained in this presentation.
The contact person for the Sponsor is Mr Chia Beng Kwan, Senior Director, Equity Capital Markets, who can becontacted at 80 Raffles Place, #03-03 UOB Plaza 1, Singapore 048624, telephone: +65 6533 9898.
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Agenda1 Introduction
2 Business Overview
3 Financial Highlights
Mobile Forensics
ExecutiveProtection
Cyber Security
SecurityGuarding
SecuredPrinting
HomelandSecurity
PrivateInvestigation
Systems Integration
Training EventSecurity
SecurityConsultancy
1. Introduction
Key Business Entities
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Soverus Group
One-StopFullyIntegratedSecuritySolutionsProvider
Mobile Forensics
SecurityGuarding
Secured Printing
Cyber Security
HomelandSecurity
ExecutiveProtection
Training
SecurityConsultancy
PrivateInvestigation
Event Security
Systems Integration
ü Publicandin-houseApprovedTrainingOrganisation appointedbySkillsfuture Singapore
üGraded‘A’byPoliceLicensing&RegulatoryDepartment(2012-2017)
üWinneroftheSingaporePrestigeBrandAward(2012)andEnterprise50Award(2014&2015)
ü 41-yearoldsecurityprinterüOneofthelargestchequeprintingbusinessinSingapore
ü ISO27001:2013(InformationSecurityManagement)andISO9001:2008(QualityManagementSystems)certified
ü Cybersecurityindustryleaderwith17-yeartrackrecord
üNamedoneoftop25CyberSecurityCompaniesbyAPACCIOOutlookmagazine(May2017)
Secura Group Limited & its Subsidiaries
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Secura Malaysia50% (2016)
Secura Forms
100% (1986)
Secura Security Printing
100% (1996)
Secura Bangladesh30% (2000)
Secura ForemosteMage
50% (2003)
ForemostSecura
50% (2004)
Secura Documation70% (2016)
Secura Singapore100% (1976)
Soverus Group100% (2013)
Secura Group(2015)
Listed on SGX-Catalist
Secura (Thailand)45% (2016)
Secura Training Academy
100% (2017)
Red Sentry100% (2000)
Soverus Technology100% (2013)
Soverus Consultancy & Services100% (2015)
Soverus Kingdom Systems 100% (2016)
Soverus100% (2008)
Management Team• Leadershipteamcomprising13
industryveterans,manywithMHAbackground
• 17companies,5countries,800+employeesasatJune2017
LedbyCEOPaulLim– 19YearsServiceinSPF/MHA
• FoundedSoverus Groupin2013andSecura Groupin2015
• ExecutiveCouncilMemberoftheAssociationofSmall&MediumEntreprises (ASME)
• FoundingMemberofHongKong-ASEANEconomicCooperationFoundation
• SMEInfocomm AdoptionCommittee
• CyberSecurityAwarenessAllianceCommittee
• SecurityITMTripartiteCommittee
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Awards and Accolades
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Our Clientele
Well-diversified customer base of more than 1,000 customers in variousindustries:
Multinationalcorporations
Governmentagencies
Financialinstitutions
Government-linkedcorporations
Smallandmediumenterprises
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Mobile Forensics
ExecutiveProtection
Cyber Security
SecurityGuarding
SecuredPrinting
HomelandSecurity
PrivateInvestigation
Systems Integration
Training EventSecurity
SecurityConsultancy
2. Business Overview
Latest Corporate Developments (2016)
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JUN JUL
• AcquiredRedSentry,a17-yearoldcybersecuritysolutionsprovider
• Acquired38AlexandraTerraceforbusinessexpansion
• AppointedasM1CyberAdvisoryandConsultancyPartner• FirstforayintoChinawithsecurityconsultancycontractforCapitaland’s RafflesCityChongqing
• PartneredSingaporeBusinessFederationtoconductCybersecurityCapabilitiesworkshops
• 50%-50%JVwithMalaysiaBursa-listedWillowglen• SecuredS$7.9millionsecurityservicescontractfromSingTel• PartneredIsrael-basedmobileforensicscompanyCellebriteAsiaPacifictoexpandhomelandsecurityofferings
SEP OCT
• Incorporated70%-ownedSecura Documation toincludesecuritydigitalprintingservices
• JVwithThaipartnerstoprovidecybersecuritysolutionsandservicesinThailand
• EnteredintoacollaborationwithRepublicPolytechnicandtheUniversityofGlasgowtostartcybersecurityR&Dlab
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Latest Corporate Developments (2017)
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• AwardedS$6.7millionsecurityservicescontractbySBSTransit
SEP OCT MAR
• LaunchedSecuraTrainingAcademy
JAN FEB MAR APR MAY
• Secura TrainingAcademyappointedasaPublicApprovedTrainingOrganisationbySkillsFuture Singapore
• AwardedS$4.9millionsecurityservicescontractbyAustralianInternationalSchool
JUNE
• 20%investmentinCustodioTechnologies– R&Doncyberearlywarningtechnology
• InkedexclusivestrategicalliancewithComfortDelGroInsuranceBrokersasitsCyberAdvisoryandConsultancyPartner
Preparing for Business Expansion
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• CorporateHQ• Cybersecurity• Guarding• IntegratedCommandCentre• CybersecurityOperations
Centre(SOC)• HomelandSecurity• SecurityConsultancy• SystemsIntegration
Acquired38AlexandraTerrace
Mobile Forensics
ExecutiveProtection
Cyber Security
SecurityGuarding
SecuredPrinting
HomelandSecurity
PrivateInvestigation
Systems Integration
Training EventSecurity
SecurityConsultancy
Cybersecurity
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Cybersecurity
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• Startedin2015;securedseveralenterpriseclientsincludinggovernmentagencies,financialservicesinstitutionsandMNCs
• AcquiredRedSentryforS$2.5million,anestablishedcybersolutionsproviderwith17-yeartrackrecordinJune2016
• ExploringB-to-Ccyberbusinessproductsandservices
FastGrowingBusiness
Cybersecurity – Strategic Direction
SystemIntegration• VulnerabilityAssessment&PenetrationTesting• Security&RiskAssessment• ProfessionalServices
CyberTrainingCentre• PartnershipwithSingaporeBusinessFederationtoconductCyberSecurityCapabilitiesWorkshops
Research&Development•InvestedUS$4.5Mfor20%stakeinIsraeliAerospaceIndustries(IAI)-ownedR&Dcompany,Custodio Technologiesfocusingonearlycybersecuritywarningtechnology
•CollaborationwithRepublicPolytechnicandtheUniversityofGlasgowonSecura R&DLab
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Cybersecurity – Featured in APAC CIO Outlook
NamedoneofTop25CyberSecurityTechnologyCompanies- 2017
APACCIOOutlookMay2017Issue
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PerimeterAccessControl EndpointProtection/Management
PrivilegeAccessManagement&ComplianceAudit
SSLCertificateManagement NetworkAccessControl DataProtection
SecurityIncidentEventManagement(SIEM)
Security/RiskAnalysis VulnerabilityThreatManagement
Cyber Security – SecureCloud
Solutions
MobileDeviceManage-ment
Securityasa
Service
ProvidingleadingEnterpriseSecurity&ComplianceSolutionsfeaturedintheGartnerMagicQuadrant
SecureITSupportSolution ManagedSecurityServices
ApplicationSecurity NetworkSecurityPerformance
UnifiedNetworkMonitoring&BandwidthManagement
SecurityDevices&SystemMonitoringManagement
SourceStaticCodeAnalysis
Secured&AuditedRemoteAccess
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Cybersecurity – PartnershipsCyberAdvisoryandConsultancyPartnerforM1
• Providecybersecurityconsultancy,productsandservices,includingVulnerabilityAssessment,PenetrationTestingandDeviceControl,toM1’scorporatecustomers
• TapintoM1’svastenterprisecustomerbasepresentinggrowthspringboardforourcybersecuritybusiness
PartnershipwithSingaporeBusinessFederationtoconductCyberSecurityCapabilitiesWorkshops
• AssistSingaporecompanies,especiallySMEs,tobetterunderstandthecybersecuritylandscapeandaddresscybersecuritythreatsmoreeffectively
CyberAdvisoryandConsultancyPartnertoComfortDelgroInsuranceBroker(CDGI)
• Offeringcybersecurityrelatedconsultancy,productsandservicestoCDGI'senterprisecustomers.
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Cybersecurity – Partnerships
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New cybersecurity R&D lab collaboration with Republic Polytechnic andthe University of Glasgow• Opportunitytoenhanceexpertiseanddevelophousebrandofcybersecurityproducts
andsolutions• EstimatedinvestmentofS$10million(partlyfromsponsors)over3years• Keytopics:Internet-of-Things,dataanalyticsandIndustry4.0• Industrypartnersinclude:
– HuaweiInternational– SkyboxSecurity– Rapid7– WatchGuard Technologies– Netscout Systems– M1
Cybersecurity – Partnerships
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US$4.5MinvestmentinCustodio TechnologieswhichwillconductR&Dforcyberearlywarningtechnology
• 20%investmentinCustodio Technologies
• PrincipalactivityisR&Dofnewcybersecuritysolutionsandcapabilitieswithafocusoncyberearlywarningtechnology
• Itsparent,IsraelAerospaceIndustries,isIsrael'slargestaerospaceanddefencecompany,andagloballyrecognizedtechnologyandinnovationleader,withexpertiseindevelopingvarioussecuritysystems
• RightstodistributeandsellproductsandsolutionsfromCustodio Technologies’R&Defforts
Cybersecurity – Joint Ventures
Forms50%-50%partnershipwithBursa-listedWillowglen inMalaysia• Willowglen isaleadingindustryplayerintheSCADA,securityandITmarketin
Malaysiawith30yearsofexperience• ExpandourpresenceinthesecuritymarketinMalaysia,particularlyinthecyber
securityspacewhereweseetremendousgrowthpotential
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EntersThaimarketthroughjointventure– Secura Thailand
1. BasedondatafromHealthcareInformationandManagementSystemsSociety(HIMSS),anot-for-profitorganisationheadquarteredinChicago,IllinoiswithadditionalofficesinNorthAmerica,Europe,UnitedKingdomandAsia.
• JointventurewithlocalThaipartnerstoprovidecybersecuritysolutionsandmobileforensicsservices– Secura owns45%ofjointventure
• Thailand’scybersecuritymarketisestimatedtobeworthUS$20million1 andisakeyareaofstronggrowthpotential,withtheincreasingphysicalandcybersecuritythreatsandthelackofestablishedcybersecurityserviceprovidersinthecountry
• Otherservicesincludesecurityconsultancyandsecuritysystemsintegration
Cybersecurity – Joint Ventures
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Cybersecurity – Joint VenturesSecura Thailand
Mobile Forensics
ExecutiveProtection
Cyber Security
SecurityGuarding
SecuredPrinting
HomelandSecurity
PrivateInvestigation
Systems Integration
Training EventSecurity
SecurityConsultancy
Mobile Forensics
Mobile Forensics
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Expandofferingsinmobileforensicsthroughcollaboration• Israel-based Cellebrite is a leading mobile forensics company which has capability to
unlock, extract and decode newer series of Apple iPhones and Android phones
• Preferred reseller of Cellebrite’s products in Singapore (primary market), Cambodiaand Laos (both secondary markets) for a period of 3 years from 28 September 2016
• Used by law enforcement agencies in more than 100 countries
Mobile Forensics
ExecutiveProtection
Cyber Security
SecurityGuarding
SecuredPrinting
HomelandSecurity
PrivateInvestigation
Systems Integration
Training EventSecurity
SecurityConsultancy
Homeland Security
Homeland Security
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• SoledistributorforSafran Morpho detectionproductsinSingapore
• Morpho isagloballeaderinsecurityandidentitysolutionsdeployedinmorethan100countries
• DetectionforChemical,Biological,Radiological,ExplosivesandNarcotics
• CertifiedbyTSA,ECAC,CAAC
Homeland Security – Secura Technologies WTMD• Secura housebrand WTMD– samequalityascompetitorsbutfractionofprice
• DeployedduringChinaEmbassyeventincelebrationofthe67th AnniversaryoftheFoundingofthePeople’sRepublicofChinaon26September2016atShangri-LaHotel,Singapore
• Ownershiporleasebusinessmodels
• USP– OnlysecuritycompanyinSingaporetoprovidebothmanandmachine
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Mobile Forensics
ExecutiveProtection
Cyber Security
SecurityGuarding
SecuredPrinting
HomelandSecurity
PrivateInvestigation
Systems Integration
Training EventSecurity
SecurityConsultancy
Security Guarding
Security Guarding
• ‘A’Grading(Excellent)bythePoliceLicensing&RegulatoryDepartmentforlicensedsecurityguardagenciesfrom2012to2017
• Staffstrengthofapproximately628securityofficersasat1March2017• Prestigiousclients:
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Security Guarding - Integrated Command Centre
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Security Guarding – New Contract Wins
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Company ContractValue(S$m) Duration Period
7.9 2years 1October2016to30September2018
6.7 3years 1March2017to29February2020
4.9 2.5years 1May2017to31December2019
Security Guarding – Increase Market Share
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Significantpotentialtoincreasemarketshare
IndustryinSingaporeclosetoS$1billionin20131
Secura’s marketsharein2016:~2.4%
1. Singapore Business Review, “Unraveling the mystery world of Singapore’s security officers”, 8 October 20132. Association of Certified Security Agencies , “List of Approved Security Agencies” with effect from 16 April 20163. Based on Ministry of Manpower’s Job Vacancies 2016 annual report as at 30 September 2016
• 245approvedagencies2 inSingaporewithabout35,000activesecurityofficers§ Estimatedmarketdemandis45,000to
50,000guards§ Shortfallof10,000securityguardswith
2,280jobvacanciesavailable3
• GovernmentsupportthroughtheenforcementoftheProgressiveWageModel
• Initiativestoattractandretainsecuritypersonnel§ Top“10”payingemployerinthe
industry,withabi-annualsalaryreview.§ Launchofindustry’sfirstSecurity
SpecialistVocationScheme§ Otherincentiveschemes
Integrated Command Centre
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Integrated Command Centre
Keyfeatures• Moreefficientuseofnetworktoenhance
resolutionondemand• Rapidscalabilityandredeployment• Centralised videomanagementandviewing• Locationtrackingofbusinessassetor
operation• Securetransmissionofvideofeed• Robustreal-timevideostreaming
Benefits• Monitoringandprotectassetsfrom
anywhere• Improvedoperationefficiency• Bettercostefficiency• Seamlessoperationglobally
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Integrated Command Centre
Assistbusinessownerstomonitorandprotecttheirassets 24/7andincorporatevideoanalyticsfor• TripwireEventDetection• EnterEventDetection
• LoiteringEventDetection
Real-TimeMonitoringSystem• Reduceshumanerroronwrittenreport
• Speedsupdecisionmakingduringanyemergencies
• Increasetheproductivityofthepatrolofficerthroughlivemonitoring
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Security Guarding – Security Vocationalisation
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LaunchedSecuritySpecialistVocationScheme(SSVS),afirstforthesecurity
industry,on13June2016toattractmorepeopleintothesecurityindustry
STPageB3on14June2016
LaunchofSSVSbySecretary-GeneralNTUCChanChunSingon13June2016
Mobile Forensics
ExecutiveProtection
Cyber Security
SecurityGuarding
SecuredPrinting
HomelandSecurity
PrivateInvestigation
Systems Integration
Training EventSecurity
SecurityConsultancy
Training
Secura Training Academy• AppointedbySkillsFuture Singaporeaspublicandin-houseApprovedTrainingOrganisation(ATO)• WSQframeworkonEmployabilitySkills,ServiceExcellenceFrameworkandInfoComm Technology
• Trainingprogrammes offered:
• CyberSecurityAwarenessworkshops
• Security-relatedproducttrainings(includingCellebrite’s mobileforensicsproducts)
• MasterClass workshops
• Enhancedsecurityguardingtraining
• MorethanS$1billioninfundsforSkillsFuture trainingannuallyforeligibleSingaporeanstill2020
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Mobile Forensics
ExecutiveProtection
Cyber Security
SecurityGuarding
SecuredPrinting
HomelandSecurity
PrivateInvestigation
Systems Integration
Training EventSecurity
SecurityConsultancy
Security Systems Integration
Security Systems Integration• Fullin-housesecuritysystemsintegrationcapabilities• Representingbothhousebrand productsandotherleadingbrands• Turnkeysolutionsandmaintenanceservices• Solerepresentativeofleadingspecialised securityanddataanalyticssolutions
forretailsector:
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Security Systems Integration
USA
World#1Anti-TheftDisplayProtectionforTablets,SmartphonesandOtherElectronics
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Security Systems Integration
• Wifi AccessPointsforCustomers• CustomerProfileGeneration• Personalised CRMEngagement
Canada
Malaysia
HongKong
• SecurityTagandAnti-TheftSecuritySystem• SecondtoSensormatic
• FootTraffic,PeopleCountingandTracking
• 2D and 3D StereoVisionSensorsforRetailAnalytics
• SpaceandStaffOptimisation fromData
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Mobile Forensics
ExecutiveProtection
Cyber Security
SecurityGuarding
SecuredPrinting
HomelandSecurity
PrivateInvestigation
Systems Integration
Training EventSecurity
SecurityConsultancy
Security Consultancy
• SecurityMasterPlanning• ThreatVulnerabilities&Risk
Assessment• SecurityAudit/Study• ProjectManagement• TenderDocumentation&
Evaluation• CounterTerrorism
• EspionagePlanning
• TheftPrevention
• CrowdControl
• RedTeaming• SecurityAudit• SystemsIntegration
Security Consultancy
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Mobile Forensics
ExecutiveProtection
Cyber Security
SecurityGuarding
SecuredPrinting
HomelandSecurity
PrivateInvestigation
Systems Integration
Training EventSecurity
SecurityConsultancy
Security Printing
Security Printing
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• Over40yearsinprovidingsecurityprintingservices
• OneofthelargestchequeprintingbusinessesinSingapore
• Printingof:o Chequebookso Passbookso Carparkcouponso Marriagecertificateso Shoppingvoucherso Statementso Stationeryandothers
• ISO9001:2008certified
• ISO27001:2013certified
• LocalandforeignbanksinSingapore
• Singaporestatutoryboards
TrackRecord WhatWeDo Certifications MajorCustomers
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• Secureddigitalprintingoftransactionsandstatementsfortelcos,banks,stockbrokinghousesandinsurancecompanies
• Increasingshifttowardselectronicdatadelivery• E-statementande-archivingplatforms• One-stopsecureddatadeliverypartner• Secureddatadestruction
Secured Digital Printing and Data Solutions
Mobile Forensics
ExecutiveProtection
Cyber Security
SecurityGuarding
SecuredPrinting
HomelandSecurity
PrivateInvestigation
Systems Integration
Training EventSecurity
SecurityConsultancy
Overseas Expansion
Overseas Expansion
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Taiwan
Vietnam
Cambodia
Thailand
Laos
Malaysia
ChinaBangladesh
Wherewearepresently
Whereweplantoexpandto
Mobile Forensics
ExecutiveProtection
Cyber Security
SecurityGuarding
SecuredPrinting
HomelandSecurity
PrivateInvestigation
Systems Integration
Training EventSecurity
SecurityConsultancy
3. Financial Highlights
FY2016 Results Highlights
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In S$’000 FY2016 FY20151 Change (%)
Revenue 36,150 20,522 76
Grossprofit 6,804 3,207 >100
Grossmargin (%) 18.8% 15.6% 3pts
Otheroperatingincome 1,907 3,201 (40)
Distributionandsellingexpenses (1,727) (128) >100
Adminexpenses (5,810) (3,462) 68
Financecost (110) (2) >100
Listingexpenses (339) (653) (48)
Shareofresultsofjointventuresandassociates 273 — nm
Profit beforetax 998 2,163 (54)
Netattributableprofit 954 1,723 (45)
Note:1.ComprisesonlyfinancialresultsofSoverusGroupPte Ltdanditssubsidiaries
Forthe12monthsended31December
Revenue Contribution by Business Segments
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Contribution(S$’000) ContributionRevenue FY2016 FY20151 Change (%) FY2016 FY20151
SecurityGuarding 21,300 18,823 13 59% 92%
SecurityPrinting 11,571 - nm 32% -
Cyber Security 1,734 589 194 5% 3%
HomelandSecurity,SystemIntegration&SecurityConsultancy
1,545 1,110 39 4% 5%
Total 36,150 20,522 76 100.0% 100.0%
nm– notmeaningfulNote:1.ComprisesonlyfinancialresultsofSoverusGroupPte Ltdanditssubsidiaries
Forthe12monthsended31December
1Q2017 Results Highlights
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In S$’000 1Q2017 1Q20161 Change (%)
Revenue 9,537 8,684 9.8
Grossprofit 1,847 1,254 47.3
Grossmargin (%) 19.4% 14.4% 5pts
Otheroperatingincome 367 450 (18.4)
Distributionandsellingexpenses (683) (318) nm
Adminexpenses (1,770) (1,003) 76.5
Financecost (55) - nm
Listingexpenses - (279) (100)
Shareofresultsofjointventuresandassociates 10 26 (61.5)
(Loss)/profit beforetax (284) 130 nm
Netattributable(loss)/profit (257) 146 nm
nm– notmeaningfulNote:1.1Q2016resultsretrospectivelyadjustedtoreflectthefairvaluesofassetsandliabilitiesofSecura SingaporePte. Ltd.anditssubsidiariesuponfinalisationofpurchasepriceallocation.
Forthe3monthsended31March
Thank You
