Drb-hicom Bhd. · MYX:DRBHCOM
Drb-hicom Bhd — Q2 2023 Earnings Presentation
20 slides from Drb-hicom Bhd's earnings presentation, August 2023
Slide 1: 2Q2023 Financial Results
2Q2023 Financial Results Quarter Ended 30 June 2023
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: Group's Performance Highlights
Group’s Performance Highlights For the Financial Period Ended 30 June 2023 Automotive Market Share Net Assets per Revenue Share RM 8.1 billion 35.5% RM 3.87 1H2022: 35.3% 1H2022: RM 6.6 billion 1H2022: RM 3.77 Total Assets Share Price* RM 55.6 billion RM 1.34 1H2022: RM 48.8 billion Profit Before Ta
Slide 4: Revenue
Revenue For the Financial Period Ended 30 June 2023 RM million The Group recorded revenue of RM8.1 billion in 1H2023 against RM6.6 YoY billion in the same period last year +22% YoY +12% The year-on-year performance increased by RM1.5 billion or 22% QoQ largely driven by the Automotive and Banking se
Slide 5: Revenue Breakdown by Sector
Revenue Breakdown by Sector Figures in RM million YoY YoY YoY +13% -23% YoY +28% -17% QoQ QoQ -6% Automotive -4% Postal 2,850.0 3,024.4 5,874.4 349.1 655.8 2,530.0 4,597.4 268.0 278.4 546.4 2Q2023 1Q2023 2Q2022 1H2023 1H2022 2Q2023 1Q2023 2Q2022 1H2023 1H2022 YoY Aerospace & Defence YoY -3% YoY +16%
Slide 6: Profit Before Taxation
Profit Before Taxation For the Financial Period Ended 30 June 2023 RM million YoY The Group achieved a higher Profit Before Taxation (“PBT”) of RM285.7 +23% million in 1H2023 compared with the pre-tax profit of RM233.2 million in the corresponding period YoY -63% The year-on-year performance increas
Slide 7: Profit before Taxation Breakdown by Sector
Profit before Taxation Breakdown by Sector Figures in RM million YoY > -100% YoY > +100% Aerospace & Defence YoY +73% YoY QoQ > -100% +98% QoQ -49% Services 5.4 (1.3) (3.0) (4.8) 38.6 YoY (6.7) 25.5 >+100% 13.1 19.5 6.0 2Q2023 1Q2023 2Q2022 1H2023 1H2022 2Q2023 1Q2023 2Q2022 1H2023 1H2022 YoY +17% Y
Slide 8: Operational Highlights : Automotive
Operational Highlights : Automotive PROTON, Automotive Distribution (“AD”) and Manufacturing & Engineering (“M&E”) Revenue RM million YoY +28% Automotive recorded improved revenue of RM5,874.4 million in 1H2023 compared to RM4,597.4 million in 1H2022 mainly contributed by: 5,874.4 403.8 YoY +13% PRO
Slide 9: DRB-HICOM's Automotive Market Share
DRB-HICOM’s Automotive Market Share 35.5% of TIV Malaysia DRB-HICOM Sales Volume Breakdown by Marques Unit 9% 7% 76,012 26% 58% 57,402 12,621 39,673 11,811 33,727 8,504 7,245 1H2023 1H2022 Total Industry Volume (“TIV”) 1H2023: 366,037 units 1H2022: 331,746 units Source: MAA Source: MAA (Domestic sal
Slide 10: PROTON Sales Improved 28.6% in 1HFY2023
PROTON Sales Improved 28.6% in 1HFY2023 Five models lead market segment, X90 becomes new D-segment SUV leader Unit Sales Growth 33,325 Highest volume A-segment sedan Saga 1H2023 : 77,321 units 1H2022 : 60,124 units 17,562 Highest volume B-segment SUV and overall best-selling SUV Note : Includes expo
Slide 11: Operational Highlights : Aerospace and Defence
Operational Highlights : Aerospace and Defence CTRM and DEFTECH Revenue RM million YoY +1% Aerospace & Defence sector registered higher revenue of RM312.8 million in 1H2023 compared to RM309.4 million in 1H2022 mainly due to: YoY -3% QoQ 312.8 309.4 Higher delivery of single-aisle and certain aircra
Slide 12: Operational Highlights : Postal
Operational Highlights : Postal Pos Malaysia Revenue RM million YoY -17% Lower revenue of RM546.4 million recognised in 1H2023 compared to RM655.8 million in 1H2022 mainly due to: YoY Decline in courier business following the -23% decrease in overall parcel volume especially QoQ from contract custom
Slide 13: Operational Highlights : Banking
Operational Highlights : Banking Bank Muamalat Revenue RM million YoY +37% Bank Muamalat registered higher revenue of RM806.8 million in 1H2023 compared to RM587.7 million in 1H2022 mainly due to: YoY +41% Higher financing income led by the growth in financing volume attributed to sustainable growth
Slide 14: Operational Highlights : Services
Operational Highlights : Services PUSPAKOM, DRB-HICOM University, Pos Aviation, Pos Logistics and others Revenue RM million YoY +13% Services registered higher revenue of RM405.1 million 1H2023 compared to RM357.6 million in 1H2022 mainly due to: YoY +16% 405.1 Higher demand of in-flight catering bu
Slide 15: Operational Highlights : Properties
Operational Highlights : Properties Property Concession and Property Development Revenue RM million The Group recorded higher revenue of RM139.6 million in 1H2023 compared to RM 115.7 million in YoY 1H2022 mainly due to: YoY +21% +80% Full completion of work recognised by Media City QoQ from the bui
Slide 16: Balance Sheet Management
Balance Sheet Management As at 30 June 2023 Total Assets 30 June 2023 31 December 2022 Δ Property, Plant & Equipment 5.2 5.3 -1.9% Banking Related Assets 34.4 30.6 +12.4% Inventories 4.5 4.6 -2.2% Cash & Bank Balances 2.3 2.2 +4.5% Trade & Other Receivables 4.8 4.8 0% Others 4.4 4.0 +10% TOTAL 55.6
Slide 17: Group Key Focus on Environmental, Social and Governance (ESG)
Group Key Focus on Environmental, Social and Governance (“ESG”) Promoting sustainable development and profitable growth in the long-term FY2023 TARGET LONG-TERM ESG TARGETS Group-wide Renewable Energy ENVIRONMENTAL SOCIAL GOVERNANCE (RE) Mix • Female representation of at least To achieve 9.9% Achiev
Slide 18: Group ESG Progress for 1HFY2023
Group ESG Progress for 1HFY2023 Key indicators of each pillar to represent the corporate sustainability targets of the Group ENVIRONMENTAL SOCIAL GOVERNANCE Efficient use of natural resources and Compliance to labour standards and Integration of sustainability and minimising carbon footprint respect
Slide 19: Key Shareholders of DRB-HICOM
Key Shareholders of DRB-HICOM Percentage of shareholding as at 30 June 2023 76.5 76.2 76.3 76.3 76.1 3.7 3.7 3.7 3.7 3.7 6.1 6.1 6.3 6.6 6.5 10.8 10.5 10.4 10.1 10.0 55.9 55.9 55.9 55.9 55.9 30 June 2022 30 September 2022 31 December 2022 31 March 2023 30 June 2023 Etika Strategi Sdn Bhd Employees P
Slide 20: Thank you
Thank you Investor Relations E invest@drb-hicom.com tel +603 2052 8194 / 8942 Level 5, Wisma DRB-HICOM, No. 2 Jalan Usahawan U1/8, Seksyen U1, 40150 Shah Alam, Selangor, Malaysia