Malaysian Resources Corp. Bhd. · MYX:MRCB
Malaysian Resources Corp. Bhd — Q1 2025 Earnings Presentation
17 slides from Malaysian Resources Corp. Bhd's earnings presentation, Mar 31, 2025
Slide 1: Analyst Briefing
ANALYST BRIEFING First Quarter Ended 31 March 2025 www.mrcb.com 3.9 Ranked in top 14% of all listed companies Disclaimer This presentation may contain forward-looking statements, including estimates, assumptions, forecasts, or projections made by MRCB’s management after due inquiry. These are subjec
Slide 2: MRCB 1Q 2025 Overview
MRCB 1Q 2025 OVERVIEW YoY Financial Highlights MRCB Segment Overview Revenue Profit Before Tax Property Engineering & Others Development Construction RM 218 mil. RM 5 mil. (54)% y-o-y (74)% y-o-y Revenue RM mil. 46 153 19 Profit After Tax Net Gearing RM 9 mil. 191% y-o-y 0.27x Revenue Contribution 2
Slide 3: Financial Highlights – 3M 2025 vs 3M 2024
Financial Highlights – 3M 2025 vs 3M 2024 Financial Performance Highlights • Revenue and PBT are down 54% and 74% in Q1 2025 vs Revenue (54)% YoY Operating Profit (28)% YoY Q1 2024 due to lower contributions from PDI and ECE divisions RM218 mil. RM29 mil. • PDI’s revenue down 53% vs Q1 2024 - due to
Slide 4: Profit & Loss
Financial Performance Profit & Loss Q1 2025 (3M) Y-o-Y RM Million FY2025 FY2024 Growth % Revenue 218 476 (54.2)% Other Operating Income 33 10 >100% Operating Expenses (222) (446) (50.2)% Operating Profit 29 41 (28.4)% Operating Profit Margin (%) 13.3% 8.5% Finance costs (27) (24) 14.9% Share of resu
Slide 5: Quarterly Analysis
Financial Performance Quarterly Analysis Revenue Operating Profit and Margin 72 476 426 372 371 41 19.4% 29 218 32 29 8.5% 7.8% 13.3% 7.4% Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 PBT and Margin EPS (sen) 48 1.15 19 13.0% 2 5 5 2.2% 0.20 0.19 0.5% 1.5% 0.07 0.01 4.0% Q1'24 Q2'24 Q
Slide 6: Balance Sheet and Debt Profile
Financial Position Balance Sheet Debt Profile NAV Per Share* (sen) Total Assets Total Debt RM8,954 mil. RM2,133 mil. 103.3 103.3 103.5 FY2024 RM9,034 mil. FY2024 RM2,260 103.1 102.9 Total Liabilities Deposits, Cash & Bank RM4,329 mil. Balances Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 FY2024 RM4,414 mil. RM868
Slide 7: Segmental Revenue and Profit Overview
Segmental Reporting Overview Segmental Revenue Split – RM218 million Revenue Contribution Analysis E&C 476 3M 2024 9% 360 3M 2025 Property 21% 218 Development 153 98 46 Others* 18 19 70% Total E&C Property Others* Development Segmental Profit Split – RM30 million 3M 2024 41 3M 2025 30 26 18 11 12 8
Slide 8: Segmental Reporting: Property Development & Investment
Segmental Reporting: Property Development & Investment 3M 2025 Key Highlights Performance Discussion RM99.5 mil. RM753.6 mil. Contributed 21% of the Group revenue. Property Sales Property Unbilled Sales Revenue from sales of completed unsold units in Sentral Suites, VIVO 9 Seputeh, TRIA 9 Seputeh, A
Slide 9: Property Development & Investment: Sales Achieved
Segmental Reporting: Property Development & Investment Sales Achieved Total GDV % Sales GDV Breakdown of Units Sold as % Units Available In Q1 2025 Project (RM’mil) Achieved to date* Sales YTD** (RM’mil) For Sale: RM99.5 mil. Completed Projects Sentral Suites – Residential 1,535 96% 5.2 VISTA Sentra
Slide 10: Property Development & Investment: What We Have To Sell
Segmental Reporting: Property Development & Investment What We Have To Sell: RM1.5 bil. Unbilled Sales Construction Revenue Unbilled 1 Completed Unsold Units in Malaysia RM382.1 mil. From Ongoing Project Progress Recognised* Sales (RM’mil) (RM’mil) Breakdown by GDV (RM’ million) Projects VISTA, 125.
Slide 11: Property Projects in the Pipeline
Segmental Reporting: Property Development & Investment Property Projects in the Pipeline: RM5.4 bil. GDV 2025 Launches : RM3.5 bil. GDV 2023 Launches Launch Date GDV Units VISTA, Surfer’s Paradise, Gold Coast April 2023 ~RM1,511 mil (AUD504 mil) 280 Residensi Tujuh, Kwasa Sentral September 2023 RM38
Slide 12: Land Bank
Land Bank Developed Ongoing Yet to be Land Size GDV % Stake To Date Development Developed Acres RM' mil GDV RM’mil GDV RM’mil GDV RM’mil Transport Oriented Developments KL Sentral (Lot F & Lot R)* 6.08 4,154 100% 0 0 4,154 PJ Sentral Garden City 11.91 3,291 100% 1,069 0 2,222 Penang Sentral 22.65 2,
Slide 13: Engineering, Construction & Environment Highlights
Segmental Reporting: Engineering, Construction & Environment 3M 2025 Key Highlights Performance Discussion RM25.8 RM14.9 bil. RM3.4 bil. Contributed 70% of Group Revenue. External External Construction Construction Construction Unbilled Order Book11 Order Order Book2 Lower revenue and lower profit w
Slide 14: Projects Secured in 2025
Segmental Reporting: Engineering, Construction & Environment Projects Secured in 2025 | RM5.6 Billion Project Name Contract Value Project Timeline • Five reinstated LRT3 Stations and other related infra RM2.5 billion Start : 2025 works Target completion: 4 years • Kompleks Sukan Shah Alam RM2.9 bill
Slide 15: Construction Order Book as at 31 March 2025
Segmental Reporting: Engineering, Construction & Environment Construction Order Book as at 31 March 2025 Unbilled Order Book as at 31 March 2025 RM14.9 bil.1 RM3.4 bil.1 External Contracts (RM Million) Contract Value Progress 2 Order Book Breakdown Buildings: FINAS 220 71% Kompleks Sukan Shah Alam –
Slide 16: MRCB Key ESG Updates
MRCB Key ESG Updates Climate Change & the Environment Good Corporate Governance Target: Net Zero GHG Emissions (Scope 1, 2 and 3) by 2050 Target: Best-In-Class Practices & Disclosures MRCB’s Anti-Bribery Management System, 23% reduction in GHG emissions intensity for Commitment to ISO 37001:2016 cer
Slide 17: Thank You
THANK YOU Quarter Ended 31 March 2025 www.mrcb.com MALAYSIAN RESOURCES CORPORATION BERHAD (7994-D) Level 30, Menara Allianz Sentral, No. 203, Jalan Tun Sambanthan, Kuala Lumpur Sentral, 50470 Kuala Lumpur, Malaysia Tel: 603 2786 8080 / 603 2859 7070 Fax: 603 2780 7988 www.mrcb.com MRCBGroup mrcb.gro
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