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GHL Systems Berhad
(293040-D)
Annual report 2015
Figure 4
e-pay
(All stated in RM’ Millions unless stated otherwise)
2014
2015
% change
Transaction Value Processed
2,757.60
3,313.11
20.1%
Gross Revenue
118.30
134.50
13.7%
Revenue/Transaction Value
(Note 1)
4.30%
4.10%
-0.2%
Gross Margin
35.31
43.54
23.3%
Margin/Transaction Value
(Note 1)
1.30%
1.30%
0.0%
Number of Merchant Acceptance Points
(Thousands) (Note 2)
23.17
28.70
23.9%
Note 1 - Gross Revenue or Gross Margin respectively divided by the Transaction Value Processed expressed as a percentage.
Note 2 - Merchant Acceptance Points means the number of merchant point of sales that accept e-pay products and services.
GHL (Card Payment Services)
Gross revenue from the TPA Bank Card Payment Services business grew 16% to RM22.75 million in 2015 (RM19.6
million in 2014).
Figure 5
TPA Bank Card Payment Services
– See Note 3
(All stated in RM’ Millions unless stated otherwise)
2014
2015
% change
Transaction Value Processed
1,349.60
1,888.38
39.9%
Gross Revenue
19.60
22.75
16.1%
Revenue/Transaction Value
(Note 1)
1.50%
1.20%
-0.3%
Gross Margin
10.14
10.75
6.0%
Margin/Transaction Value
(Note 1)
0.80%
0.60%
-0.2%
Number of Merchant Acceptance Points
(Thousands) (Note 2)
37.20
45.84
23.2%
Note 1 - Gross Revenue or Gross Margin respectively divided by the Transaction Value Processed expressed as a percentage.
Note 2 - Merchant Acceptance Points means the number of merchant outlets that accept GHL TPA products and services.
Note 3 - The TPA Bank card payment services business is relatively new. The existing TPA Bank card payment services business
comprises of the following activities (listed in order of size);
(i) Various revenue sharing arrangements under direct contracts with merchants and banks in Malaysia and
Philippines (Since 2008)
(ii) Malaysian domestic debit card (“MyDebit”) merchant acquisition (since 2003)
(iii) Internet TPA (“eGHL”) in Malaysia (Since 2Q 2014) and Thailand (Since 2013), and
(iv) “Card Present” TPA (i.e. non-internet TPA) in Thailand (Since 2Q 2014).
ceo
Report