Malaysia Marine & Heavy Engineering Holdings Bhd. · MYX:MHB
Malaysia Marine & Heavy Engineering Holdings Bhd — Q4 2025 Earnings Presentation
24 slides from Malaysia Marine & Heavy Engineering Holdings Bhd's earnings presentation, Feb 23, 2026
Slide 1: Quarterly Investor Relations Updates Q4 2025 Financial Results
Quarterly Investor Relations Updates Q4 2025 Financial Results 23 February 2026
Slide 2: Disclaimer
Disclaimer This Presentation is not intended to form the basis of any investment decision with respect to Malaysia Marine and Heavy Engineering Holdings Berhad (MHB). Neither this presentation nor anything contained herein shall form the basis of, or be relied upon in connection with, any contract o
Slide 3: Agenda
AGENDA 1 2 Business Highlights Heavy Engineering Performance 3 Marine Performance 4 Financial Performance 5 Environmental, Social and Governance 6 Strategic Priorities
Slide 4: Agenda: Business Highlights
AGENDA 1 Business Highlights 2 Heavy Engineering Performance 3 Marine Performance 4 Financial Performance 5 Environmental, Social and Governance 6 Strategic Priorities | Q4 2025 Financial Results Page 4
Slide 5: Key Achievements and Key Financials
Key Achievements Key Financials MHB Heavy Engineering Revenue Demonstrates RM2.0 Execution billion Strength 100% completion of Secured EPCIC Cooperation Collaboration to develop large-scale 20 24 : R M 3 . 6 b ill i o n five WHPs contracts for the agreement for Through Andalas-C, Andalas-D, Andalas-
Slide 6: Agenda: Heavy Engineering Performance
AGENDA 1 Business Highlights 2 Heavy Engineering Performance 3 Marine Performance 4 Financial Performance 5 Environmental, Social and Governance 6 Strategic Priorities | Q4 2025 Financial Results Page 6
Slide 7: EPCIC Kasawari Carbon Capture & Storage (CCS) Project
EPCIC Kasawari Carbon Capture & Storage (CCS) Project Client PETRONAS Carigali Sdn Bhd Location Offshore, Sarawak Progress 70% as of December 2025 Note: Engineering, Procurement, Construction, Installation and Commissioning (EPCIC) Page 7 Q4 2025 Financial Results |
Slide 8: EPCIC of Wellhead Platforms – Irong Timur & Berantai East
EPCIC of Wellhead Platforms – Irong Timur & Berantai East Client Vestigo Petroleum Sdn Bhd Location Offshore, Terengganu Progress 65% as of December 2025 Note: Engineering, Procurement, Construction, Installation and Commissioning (EPCIC) Page 8 Q4 2025 Financial Results |
Slide 9: EPCIC of Wellhead Platform – Kurma Manis
EPCIC of Wellhead Platform – Kurma Manis Client Vestigo Petroleum Sdn Bhd Location Offshore, Sarawak Progress 45% as of December 2025 Note: Engineering, Procurement, Construction, Installation and Commissioning (EPCIC) Page 9 Q4 2025 Financial Results |
Slide 10: epC OSS HVDC Platform for IJmuiden Ver Alpha Project
epC OSS HVDC Platform for IJmuiden Ver Alpha Project of TenneT’s 2GW Programme Client Petrofac International (UAE) LLC Subject to finalisation of Novation Agreement Location Offshore, the Netherlands Progress 22% as of December 2025 Note: - Engineering, Procurement and Construction (epC) - Offshore
Slide 11: epC OSS HVDC Platform for Nederwiek Project
epC OSS HVDC Platform for Nederwiek 1 Project awarded in May 2024 Client Petrofac International (UAE) LLC Subject to finalisation of Novation Agreement Location Offshore, the Netherlands Total Weight 40,000 MT Topside: 30,000 MT Jacketiii: 10,000 MT Expected Start of Fabrication Q4 2026 Note: - Engi
Slide 12: Agenda: Marine Performance
AGENDA 1 Business Highlights 2 Heavy Engineering Performance 3 Marine Performance 4 Financial Performance 5 Environmental, Social and Governance 6 Strategic Priorities | Q4 2025 Financial Results Page 12
Slide 13: Notable Marine Repair Projects Delivered
Notable Marine Repair Projects Delivered Client Client MISC Dynagas Type of vessel Type of vessel LNG Carrier LNG Carrier Deadweight Deadweight 75,929 tonnage 105,943 tonnage Job scope Conversion into Floating Job scope Storage Unit Dry-docking and repair Delivery date Delivery date PUTERI DELIMA SA
Slide 14: Agenda: Financial Performance
AGENDA 1 Business Highlights 2 Heavy Engineering Performance 3 Marine Performance 4 Financial Performance 5 Environmental, Social and Governance 6 Strategic Priorities | Q4 2025 Financial Results Page 14
Slide 15: MHB Concluded Financial Year 2025 with Continued Profitability
MHB Concluded Financial Year 2025 with Continued Profitability Revenue Operating Profit Heavy Engineering YoY RM million RM million Marine - 45% Others 3,608.6 422.0 1,976.3 YoY QoQ - 18% 560.5 + 14% QoQ 141.0 581.7 509.9 3,186.6 + 77% 41.0 189.8 116.1 116.0 1,415.8 55.8 31.6 63.1 25.2 110.1 391.9 3
Slide 16: Sound Financial Position to Support a Sustainable Growth
Figures in RM million Sound Financial Assets 31 December 2025 31 December 2024 Position to Support Non-Current Assets 1,901.3 1,816.6 a Sustainable Contract Assets 588.1 969.3 Cash & Bank 458.0 457.6 Growth Receivables 182.1 284.4 Inventories 3.4 2.6 Total 3,132.9 3,530.5 Liabilities & Equities Equi
Slide 17: Order Book and Tender Book
ORDER BOOK TENDER BOOK 84% RM 14 billion as of 31 December 2025 g eerin M Onshore Facilities in 16% ar g ine Heavy En Floaters RM 4 billion as of 31 December 2025 Offshore Fixed Facilities New Energy Conversion and Repair Works Page 17 Q4 2025 Financial Results |
Slide 18: Agenda: Environmental, Social and Governance
AGENDA 1 Business Highlights 2 Heavy Engineering Performance 3 Marine Performance 4 Financial Performance 5 Environmental, Social and Governance 6 Strategic Priorities | Q4 2025 Financial Results Page 18
Slide 19: MHB Maintained a 4-Star FTSE4Good ESG Rating in 2025
MHB Maintained a 4-Star FTSE4Good ESG Rating in 2025 Environment 11.3% 6,050 tCO₂e 23,034 MT emission intensity reduction carbon reduction from use hazardous waste recycled of renewable sources Social 14,938,834 100,321 RM126,601 safe man-hours total training hours community investment Governance Ze
Slide 20: FTSE Russell's Green Revenues
FTSE Russell’s Green Revenues Capturing the transition to a green economy Percentage of green activities contribution to the Group’s revenue: 36% 37% 38% Figures in RM million Activities 2025 2024 2023 Carbon Capture and Storage 492.7 1,302.4 1,238.5 Wind 228.0 23.0 20.0 Others 1,255.5 2,283.2 2,050
Slide 21: Agenda: Strategic Priorities
AGENDA 1 Business Highlights 2 Heavy Engineering Performance 3 Marine Performance 4 Financial Performance 5 Environmental, Social and Governance 6 Strategic Priorities | Q4 2025 Financial Results Page 21
Slide 22: Driving Future Growth through Project Delivery Excellence, High-Quality Order Book
Driving Future Growth through Project Delivery Excellence, a High-Quality Order Book and a Balanced Portfolio Ensuring every project is completed on time, 1 Project Delivery Excellence within budget, with highest quality standards and strong commitment to safety at every stage Strategic 2 High Quali
Slide 23: Advancing the Future through Yard Modernisation
Advancing the Future through Yard Modernisation 1 Yard Uplift Upgrading yard facilities to enhance efficiency and production flow 2 Automation Adoption of advanced facilities and technologies to improve productivity 3 Digitalisation Adoption of digital tools to enable real-time insights and data-dri
Slide 24: Thank You
THANK YOU
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