Drb-hicom Bhd. · MYX:DRBHCOM
Drb-hicom Bhd — Q1 FY2022 Earnings Presentation
17 slides from Drb-hicom Bhd's earnings presentation, May 2022
Slide 1: 1QFY2022 Financial Results
1QFY2022 Financial Results Financial Period 31 March 2022
Slide 2: Disclaimer
Disclaimer This presentation is not and does not constitute an offer, invitation, solicitation or recommendation to subscribe for, or purchase, any securities and neither this presentation nor anything contained in it shall form the basis of, or be relied on in connection with any contract or commit
Slide 3: Key Highlights
Key Highlights For Financial Performance 1QFY2022 vs 1QFY2021 Revenue Automotive Market Share RM3.1 billion 35% (1QFY2021: RM3.5 billion) Jan - Mar 2022 Profit Before Taxes Net Assets Per Share RM4.0 million RM3.71 sen (1QFY2021: RM36.3 million) (1QFY2021: RM3.91 sen) Total Assets Market Capitalisat
Slide 4: Revenue
Revenue For the Financial Period Ended 31 March 2022 Revenue (RM million) YoY: 12.6% ➢ The Group recorded revenue of RM3.1 billion in QoQ: 25.6% 1Q2022 against RM3.5 billion in the same period last year 4,124.2 ➢ Lower revenue in 1Q2022 largely due to: 3,511.5 3,069.6 Lower sales from PROTON busines
Slide 5: Revenue Breakdown by Segments
Revenue Breakdown by Segments For the Financial Period Ended 31 March 2022 Automotive Postal (RM million) (RM million) 3,023.1 2,439.8 404.9 342.5 2,067.5 306.6 1Q2022 4Q2021 1Q2021 1Q2022 4Q2021 1Q2021 Aerospace and Defence Services (RM million) (RM million) 169.2 160.3 138.3 195.7 184.8 186.0 1Q20
Slide 6: Profit Before Taxation
Profit Before Taxation For the Financial Period Ended 31 March 2022 Profit Before Taxation (RM million) YoY: 89.0% ➢ The Group recorded Profit Before Tax (“PBT”) of QoQ: 97.4% RM4.0 million in 1Q2022 against RM36.3 million in the same period last year ➢ Lower PBT in 1Q2022 largely due to: Loss incur
Slide 7: Profit Before Taxation Breakdown
Profit Before Taxation Breakdown For the Financial Period Ended 31 March 2022 Automotive Postal (RM million) (RM million) 326.8 (37.1) (51.3) 82.0 24.2 (179.5) (179.4) 1Q2022 4Q2021 1Q2021 1Q2022 4Q2021 1Q2021 Aerospace and Defence Services (RM million) (RM million) 15.3 (38.4) (44.8) (1.8) (52.6) (
Slide 8: Operational Highlights: Automotive
Operational Highlights : Automotive PROTON, Automotive Distribution (“AD”) and Manufacturing & Engineering (“M&E”) PROTON Total Revenue – Automotive (RM million) (RM million) YoY: 15.3% 2,393.0 QoQ: 31.6% 2,006.7 1,575.9 3,023.1 2,439.8 2,067.5 1Q2022 4Q2021 1Q2021 AD & ME 1Q2022 4Q2021 1Q2021 ❖ Low
Slide 9: Lower 1Q2022 Sales Affected by Flooding Issues
Lower 1Q2022 Sales Affected by Flooding Issues Local vendors severely impacted, disruption of supply PROTON Sales Performance Units PROTON Sales Breakdown 1Q2022 12,234 9,039 Saga 33% Persona Others 4,316 15% 8% X50 X70 28% 16% Jan Feb Mar Source : MAA (Domestic sales only) Note: Others include Iriz
Slide 10: Operational Highlights: Aerospace & Defence
Operational Highlights : Aerospace & Defence DEFTECH and CTRM Aerospace and Defence Revenue (RM million) DEFTECH YoY: 15.9% ➢ DEFTECH successfully delivered total of 237 units of AV-8 as at 31 March 2022 QoQ: 5.3% ➢ Staggered delivery of the remaining 22 units of AV-8 until end of FY2022 169.2 160.3
Slide 11: Operational Highlights: Postal
Operational Highlights : Postal Pos Malaysia Postal Revenue (RM million) YoY: 24.3% QoQ: 10.5% ➢ Lower revenue recognised in 1Q2022 of RM306.6 million compared to RM404.9 million in 1Q2021 due to: i. Decline in the courier business ii. Lower volume of parcels delivered due to temporary 404.9 changes
Slide 12: Operational Highlights: Banking
Operational Highlights : Banking Bank Muamalat Banking Revenue (RM million) YoY: 4.5% ➢ Bank Muamalat recorded revenue of RM285.0 million in 1Q2022 compared to RM272.8 million QoQ: 1.7% in 1Q2021 ➢ Better performance in banking sector for 1Q2022 against 1Q2021 due to : 289.9 i. Higher financing inco
Slide 13: Operational Highlights: Properties
Operational Highlights : Properties Property Concession and Property Development Properties Revenue (RM million) YoY: 6.2% QoQ: 37.0% ➢ Properties recorded RM65.4 million in 1Q2022 compared to RM69.7 million in 1Q2021 due to : i. Lower progress of work recognised from Media City Development ii. Part
Slide 14: Operational Highlights: Services
Operational Highlights : Services PUSPAKOM, DRB-HICOM University, Pos Aviation, Pos Logistics and others Services Revenue (RM million) YoY: 0.6% QoQ: 5.6% ➢ Services recorded RM184.8 million in 1Q2022 compared to RM186.0 million in 1Q2021 due to: 195.7 i. Lower contribution from logistics business -
Slide 15: Balance Sheet Management
Balance Sheet Management As at 31 March 2022 RM billion 31 March 2022 31 December 2021 Property, Plant & Equipment 5.6 5.7 Banking Related Assets 27.3 26.7 Total Assets Inventories 4.0 3.7 Cash & Bank Balances 2.1 2.8 Trade & Other Receivables 4.8 4.5 Others 3.6 3.7 47.4 47.1 RM billion 31 March 202
Slide 16: Key Shareholders of DRB-HICOM
Key Shareholders of DRB-HICOM As at 31 March 2022 Shareholding Structure (%) 76.9 75.4 75.5 76.3 75.1 2.4 2.8 2.8 2.8 3.5 8.9 9.5 9.9 10.6 10.8 7.9 7.3 6.9 6.3 6.0 55.9 55.9 55.9 55.9 55.9 Mar 2021 June 2021 Sep 2021 Dec 2021 Mar 2022 Etika Strategi Sdn Bhd Foreign Shareholders Employees Provident F
Slide 17: For enquiries, please contact us at
For enquiries, please contact us at:- Investor Relations Level 5, Wisma DRB-HICOM No. 2 Jalan Usahawan U1/8 40150 Shah Alam, Selangor Malaysia email : invest@drb-hicom.com tel : +603 2052 8194 / 8942 fax : +603 2052 8228