Eco World Development Group Bhd. · MYX:ECOWLD
Eco World Development Group Bhd — Q2 FY2020 Earnings Presentation
16 slides from Eco World Development Group Bhd's earnings presentation, Jun 25, 2020
Slide 1: Q2 FY2020 Results
Q 2 F Y 2 0 2 0 R E S U LT S 25 June 2020
Slide 2: Financial Updates
FINANCIAL UPDATES
Slide 3: Profit & Loss
Profit & Loss H1 FY2020 RM’000 Q1 2020 Q2 2020 H1 2020 RM55M Revenue 537,945 345,403 883,348 Cost of Sales (445,624) (276,700) (722,324) Gross Profit 92,321 68,703 161,024 Profit After Tax Other Operating Income Selling & Marketing Expenses 14,129 (8,821) 14,863 (6,208) 28,992 (15,029) Administrativ
Slide 4: Balance Sheet
RM1.56 Net Asset per share RM’000 Shareholders’ Funds Balance Sheet 30 April 2020 4,586,391 31 Oct 2019 4,538,016 NA per Share (RM) 1.56 1.54 Total Cash 382,004 600,539 shareholders’ funds & net assets per share increased Total Borrowings 3,506,587 3,779,408 Net Cash / (Debt) (3,124,583) (3,178,869)
Slide 5: Sales Breakdown by Quarter
As at 15 June 2020 Sales Breakdown by Quarter RM975M Sales Achieved 1Q 2020 304.8 RM600M 2Q 2020 28.5 Sales Pipeline 3Q 2020 642.2 600 (until 15 June) RM’mil 0 200 400 600 800 1000 1200 1400 Sales Pipeline
Slide 6: Future Revenue Status as at 15 June 2020
Future Revenue Status as at 15 June 2020 RECOGNISED FUTURE EFFECTIVE SALES SECURED PROJECT REVENUE REVENUE STAKE (%) (RMmn) (RMmn) (RMmn) Klang Valley 100% 6,319.1 5,497.4 821.7 Iskandar Malaysia 100% 5,072.9 4,405.9 667.0 Iskandar Malaysia Eco SUBSIDIARIES 100% 1,508.4 1,243.4 265.0 Business Parks
Slide 7: Key Highlights
KEY HIGHLIGHTS
Slide 8: Digital Engagement
DIGITAL ENGAGEMENT ramped up throughout MCO Active use of social media platforms to engage with customers / Webinars / video walk-throughs + wide range of digital content to promote all our projects / One-on-One zoom calls with prospects & family members / 2,000 appointments secured with new potenti
Slide 9: BBCC Serviced Residence JV with Mitsui Fudosan
Serviced Residence BBCC 2nd JV with Mitsui Fudosan Mitsui Fudosan (Asia) Malaysia Sdn Bhd and BBCC Development Sdn Bhd entered into a JV to purchase a serviced residence block in BBCC for RM242 million / To provide the units in the SR on long term and short term tenancy basis to Japanese and other f
Slide 10: Eco Bloom @ Eco Meadows
ECO BLOOM @ Eco Meadows Completed in March 2020 / Vacant possession process begun in April 2020 / Lifestyle outlets to open progressively by year end to serve the residents
Slide 11: Duduk
DUDUK a new vertical living concept has garnered a string of followers since it was unveiled in March #dudukkatrumah
Slide 12: Live In Your Dream Home!
Live In Your Dream Home! SE-RUANG HUN ECO SANCTUARY ECO ARDENCE SEMIS. %600 FURNISHED =~ MUSANG 1,000 sqft UNIT VeGbiGal:
Slide 13: Duduk: What It Offers
DUDUK what it offers Se.Ruang Huni @ Eco @ Eco Ardence Sanctuary Built up 1,000 sqft (3 room, 2 bathrooms) Semi-furnished All Light & Fan | Air Cond | Master Bedroom Wardrobe | Kitchen Cabinet | Hob | Washer Dryer | Water Heater Target selling price From RM393,000 Target launch End 2020 Target compl
Slide 14: Eco Botanic 2
ECO BOTANIC 2 dream homes for M40 group Project Eco Botanic Phase 2 Built up 1,701 sqft – 2,300 sqft Target selling price From RM500,000 Target launch End 2020 / Early 2021 Target completion End 2025
Slide 15: FY2020 Outlook
FY2020 Works at construction sites fully resumed HOC incentives & low interest rate to spur demand for properties Strong pipeline + encouraging registrations for both Duduk & Eco Botanic 2 Effective future revenue of RM4.6b provides clear earnings visibility
Slide 16: Thank You
THANK YOU ECOWorLD
Eco World Development Group Berhad — Q2 FY2020 Earnings Presentation on 6ix