Slide 1: Sunway Berhad Q2 FY2025
Sunway Berhad Second Quarter Financial Year Ending 31 December 2025 (Q2 FY2025) 27 August 2025
Slide 2: Financial Highlights
Financial Highlights Financial Performance Snapshot for Q2 FY2025 62% 16% 1% Revenue Profit Before Tax PATMI RM2,562 million RM396 million RM273 million (Q2 FY2024: RM1,580 million) (Q2 FY2024: RM341 million) (Q2 FY2024: RM270 million) Financial Position as at 30 June 2025 Total Equity Shareholders’
Slide 3: Financial Overview
Financial Overview SUNWAY
Slide 4: Financial Overview – Q2 FY2025
Financial Overview – Q2 FY2025 Revenue Profit Before Tax (RM million) (RM million) 64% YoY YoY 23% 62% 16% QoQ 4,929 QoQ 8% 30% 700 568 2,562 2,367 2,999 396 341 1,580 304 Q2 FY2024 Q1 FY2025 Q2 FY2025 1H FY2024 1H FY2025 Q2 FY2024 Q1 FY2025 Q2 FY2025 1H FY2024 1H FY2025 o Revenue increased by 62% Y
Slide 5: Segmental Overview – Q2 FY2025 (Revenue)
Segmental Overview – Q2 FY2025 Revenue Movement in Segmental Revenue (RM million) (RM million) Q2 FY2025: RM2,562 million (Q2 FY2024: RM1,580 million) 2,562 YoY 6% 233% 4% 37% 9% 8% 62% Change 18 2,562 94 10 888 1,580 1,269 -8 1,580 -20 372 381 352 349 231 255 229 223 247 112 122 Investment1 2 Q2 FY
Slide 6: Segmental Overview – Q2 FY2025 (Profit Before Tax)
Segmental Overview – Q2 FY2025 Profit Before Tax Movement in Segmental Profit Before Tax (RM million) (RM million) Q2 FY2025: RM396 million (Q2 FY2024: RM341 million) YoY Change 26% 28% 157% 11% 151% 35% 9% 16% 396 16 4 396 82 -5 -10 341 135 341 -18 86 -14 76 70 61 56 49 53 52 36 26 11 11 15 Others
Slide 7: Financial Position as at June 2025
Financial Position as at 30 June 2025 Total Equity & Shareholders’ Funds Total Assets and NAV Per Share Total equity (RM billion) Shareholders’ Funds (RM billion) Total assets (RM billion) Net assets per share (RM) 15.9 16.4 15.0 15.0 15.4 2.29 2.25 13.6 13.9 2.15 2.13 12.5 34.3 31.5 28.6 26.1 FY202
Slide 8: Property Development
Core Segments Performance Property Development
Slide 9: Property Development: Performance Review
Property Development: Performance Review Revenue Profit Before Tax (RM million) (RM million) YoY YoY 6% 7% 26% 22% QoQ QoQ 34% 56% 660 615 109 70 86 372 52 351 263 33 Q2 FY2024 Q1 FY2025 Q2 FY2025 1H FY2024 1H FY2025 Q2 FY2024 Q1 FY2025 Q2 FY2025 1H FY2024 1H FY2025 o Revenue contracted by 6% YoY to
Slide 10: Property Development: Property Launches
Property Development: Property Launches Launched a total of RM1.5 billion in the first 7 months of 2025 Sunway Gardens Sunway Flora 2 Otto Place (Phase 3 – Block 10) Condominium Service Apartment Service Apartment Tianjin, China Bukit Jalil, Kuala Lumpur Tengah Plantation Close, Singapore 124 Units
Slide 11: Property Development: Major Launches in 2H 2025
Property Development: Property Launches Major Launches in 2H 2025 Sunway Serene 2 Sunway Cochrane Sunway Majestic Sunway LakeHills Serviced Apartment Serviced Apartment SOHO Apartment Serviced Apartment Kelana Jaya, Selangor Jalan Cochrane, Kuala Johor Bahru City Centre, Taman Molek, Johor RM500 mil
Slide 12: Property Development: Operational Metrics
Property Development: Operational Metrics Property Sales Property Unbilled Sales Remaining Landbank (as at May 2025) RM1.31 billion RM3.7 billion 2,2563 acres (6M FY2024: RM1.3 billion) (As at 31 December 2024: RM3.3 billion) (Estimated GDV: RM64.6 billion) 36%1 Unbilled Sales / Revenue (times) Rema
Slide 13: Strategic Landbank Replenishment
Strategic Landbank Replenishment 1 2 NS E LATA Site R 1 2 Powered by Bing Locations Kuang, Rawang, Selangor (70% stake) Chuan Grove, Singapore (35% stake) Land size Approximately 99.63 acres Approximately 3.91 acres S$703.60 million Purchase Consideration RM65.08 million (Effective approximately RM8
Slide 14: Property Development: Landbank Replenishment
Property Development : Landbank Replenishment Date Location Tenure Land size Purchase GDV Proposed development Extensive Landbank for Future (acres) Development Consideration 2025 Chuan Grove, Singapore SGD703.6 million Residential July 99-year lease 3.9 TBC (35% stake) (~RM2.3 billion) (Private Con
Slide 15: Healthcare
Core Segments Performance Healthcare
Slide 16: Sunway Healthcare Group (SHG)
Sunway Healthcare Group (“SHG”) Malaysia’s leading integrated healthcare provider offering full continuum of care Statistics at a glance1 Business model overview of Sunway Healthcare Group Three key pillars Flagship quaternary hospital Sunway Medical Centre (“SMC”), Sunway City Kuala Lumpur, was est
Slide 17: SHG’s Hospital Portfolio
SHG’s Hospital Portfolio 1,662 licensed beds in Malaysia, with a clear expansion strategy to grow to 3,400+ beds by 2032 Hospital network Latest updates 1 SMC Sunway City Kuala 5 SMC Ipoh Lumpur ▪ Location: Ipoh, Perak ▪ Location: Subang Jaya, Selangor ▪ # of licensed beds: 165 ▪ # of licensed beds:
Slide 18: SHG’s Business Model
SHG’s Business Model SMC Sunway City Kuala Lumpur serves as the hub supporting our tertiary hospitals and complementary care centres, aiming to provide integrated health care for diagnosis, treatment, prevention, wellness, and step-down care Ability to generate cross-referrals from network hospitals
Slide 19: SHG’s Operating Metrics
SHG’s Operating Metrics Strong operational performance with increased capacity and patient visits Number of licensed beds1 Bed occupancy rate2 Number of inpatient admissions3 (‘000s) FY2022–24 CAGR : FY2022–24 growth: FY2022–24 CAGR : 14% 7 ppts 33% 8 ppts YoY 3 3 4 3 5 13 ppts 13 ppts 82% 105 79% 7
Slide 20: SHG’s Financials
SHG’s Financials 1H2025 profitability and margins reflect the gestation of two new hospitals opened since December 2024. Excluding the impact of the two new hospitals, sustained growth momentum is observed for the remaining portfolio Revenue (RM million) EBITDA1 (RM million) FY2022–24 CAGR: FY2022–2
Slide 21: Construction
Core Segments Performance Construction
Slide 22: Construction
Construction Revenue Profit Before Tax (RM million) (RM million) YoY YoY 233% 233% QoQ 157% 163% QoQ 3% 2,507 18% 249 1,238 1,269 135 115 754 95 52 381 Q2 FY2024 Q1 FY2025 Q2 FY2025 1H FY2024 1H FY2025 Q2 FY2024 Q1 FY2025 Q2 FY2025 1H FY2024 1H FY2025 o Revenue soared by 233% YoY to RM1,269 million
Slide 23: Construction Order Book Replenishment
Construction Achieved 63% of FY2025 Order Book Replenishment Target Building Singapore Precast Order Book Replenishment Infrastructure 2% 8% Target for FY2025 / Piling 3% Singapore RM4.5 – RM6.0 billion Precast 13% Order Book 63% Outstanding Data Replenishment Order Book Centre Data 45% Inhouse Cent
Slide 24: Construction: Outstanding Order Book
Construction Robust Outstanding Order Book Supports the Earnings Visibility Outstanding Order Book COMPLETION CONTRACT O/S ORDER % Outstanding Order Book COMPLETION CONTRACT O/S ORDER % (as at 30 Jun 2025) SUM BOOK (as at 30 Jun 2025) SUM BOOK (RM'Mil) (RM'Mil) (RM'Mil) (RM'Mil) BUILDING 114 1% SUST
Slide 25: Property Investment
Core Segments Performance Property Investment
Slide 26: Property Investment
Property Investment Revenue1 Profit Before Tax1 (RM million) (RM million) YoY YoY 4% 2% 11% 8% QoQ QoQ 10% 17% 462 469 169 156 246 231 223 86 92 76 Q2 FY2024 Q1 FY2025 Q2 FY2025 1H FY2024 1H FY2025 Q2 FY2024 Q1 FY2025 Q2 FY2025 1H FY2024 1H FY2025 o Revenue eased by 4% YoY to RM223 million, mainly a
Slide 27: Property Investment: Operational Metrics
Property Investment Operational Metrics Property Investment Leisure Asset Under Theme No. of Visitors Management (AUM) RM13.5 billion as of July 2025 parks 6M 2025 (31 Dec 2024: RM13.4 billion) Current Portfolio 2 ~ 863,000 (2024: 2.12 million) 18 Retail Properties (2024: 17 Retail Properties) Asset
Slide 28: Property Investment – Sunway Square
Property Investment – Sunway Square The 10th Mall of Sunway Group to commence operations in September 2025, with 99% occupancy 2 Corporate Towers with ~ 1 million sq.ft. of office space 4 floors of retails spaces over 300,000 sq.ft. of NLA over 150 tenants 3,000 Parking bays
Slide 29: In Conclusion
In Conclusion SUNWAY
Slide 30: In Conclusion: Outlook
In Conclusion The Group’s performance for the year is expected to remain strong GROUP Malaysia’s economic outlook: o Malaysia’s GDP growth forecast revised to a narrower range of 4.0%-4.8% from 4.5%-5.5%; o US announced a revised 19% tariff on Malaysian exports, down from 25%; and o Continuous fisca
Slide 31: Supplemental Information
Supplemental Information SUNWAY
Slide 32: Income Statements Highlights
Income Statements Highlights RM million Q2 FY2025 Q2 FY2024 Q1 FY2025 1H FY2025 1H FY2024 Revenue 2,561.6 1,579.9 2,367.0 4,928.7 2,998.9 EBIT 398.2 350.6 317.5 715.8 603.3 EBIT Margin (%) 15.54 22.19 13.41 14.52 20.12 PBT 396.0 341.0 304.1 700.1 567.7 PBT Margin (%) 15.46 21.59 12.85 14.20 18.93 PA
Slide 33: Solid Balance Sheet
Solid Balance Sheet RM million 30 June 2025 31 December 2024 (Unaudited) (Audited) Non-current Assets 19,353.1 18,614.3 Current Assets 14,991.5 12,903.5 Total Assets 34,344.6 31,517.8 Current Liabilities 11,630.0 10,023.0 Non-current Liabilities 6,272.3 5,556.4 Total Liabilities 17,902.3 15,579.4 Sh
Slide 34: Segmental Information
Segmental Information RM million Q2 FY2025 Q2 FY2024 Q1 FY2025 1H FY2025 1H FY2024 Property Development Revenue 351.4 371.9 263.3 614.7 659.6 Operating Profit 40.2 51.4 27.7 67.9 84.9 Operating Profit Margin (%) 11.4 13.8 10.5 11.0 12.9 EBIT (incl. share of associates & JCE) 46.7 73.8 34.5 81.2 120.
Slide 35: Segmental Information
Segmental Information Construction RM million Q2 FY2025 Q2 FY2024 Q1 FY2025 1H FY2025 1H FY2024 Revenue 1,268.6 381.1 1,238.1 2,506.6 753.6 Operating Profit 125.5 54.6 109.8 235.2 104.4 Operating Profit Margin (%) 9.9 14.3 8.9 9.4 13.9 EBIT (incl. share of associates & JCE) 128.9 54.9 112.6 241.5 10
Slide 36: Property Development: Planned Launches and Sales Target
Property Development Planned Launches and Sales Target for 2025 China RM billion Effective Launches Launches Effective Sales Sales TARGET 5% 4.4 4.1 0.2 3.6 Central 4.1 0.5 33% 3.2 3.0 0.4 Malaysia 2.6 2.7 3.6 0.5 2.4 0.4 3.2 Singapore 66% 0.2 2.0 0.5 29% 2.7 0.2 2.6 Southern 2.4 0.2 2.2 2.2 31% 1.0
Slide 37: Property Launches in 2024
Property Launches in 2024 *as at end-July 2025 (inclusive bookings) Sunway Velocity 3 (Tower A & B) Sunway Aviana (Phase 3) Sunway Maple Sunway Wellesley Serene Villas Location Jalan Peel, Kuala Lumpur Sunway City Iskandar Puteri, Johor Sunway City Iskandar Puteri, Johor Bukit Mertajam, Penang Tower
Slide 38: Property Launches in 2024
Property Launches in 2024 *as at end-July 2025 (inclusive bookings) Sunway Bayu Novo Place Sunway Gardens (Phase 3) Location Sunway City Ipoh, Perak Plantation Close, Tengah, Singapore Tianjin, China GDV RM107 million SGD 790 million (Effective: RM918 million1) RMB179 million (Effective: RM105 milli
Slide 39: Property Projects Take-Up Rates
Property Projects Take-Up Rates *as of end-April 2025, inclusive of bookings Sunway Lenang Heights Sunway Flora Residences Sunway Dora Sunway Aviana Location Taman Molek, Johor Bahru Bukit Jalil, Kuala Lumpur Bayan Baru, Penang Sunway City Iskandar Puteri, Johor Manor (Bungalow) & Lavie (Semi-D): To
Slide 40: Property Projects Take Up Rates
Property Projects Take Up Rates *as of e end-July 2025, inclusive of bookings Jernih Residence (Tower A & B) Sunway Alishan Residences Sunway d’hill Residences Location Kajang, Selangor Cheras, Kuala Lumpur Kota Damansara, Kuala Lumpur Tower A: RM313 million Condominium: RM286 million Tower 1: RM258
Slide 41: Property Projects Take Up Rates
Property Projects Take Up Rates *as at end-July 2025 (inclusive bookings) Sunway Artessa Sunway Gardens Phase 3 Location Wangsa Maju, Kuala Lumpur Tianjin, China GDV RM404 million RMB375 million (Effective RM145 million) Type Serviced Residence Condominium December 2021: Block 1 (124 units) Units 46
Slide 42: Property Projects Take Up Rates
Property Projects Take Up Rates *as of end-July 2025, inclusive of bookings Terra Hills The Continuum Location Pasir Panjang, Singapore Thiam Siew Avenue, Singapore SGD 845 million SGD 2.2 billion GDV (Effective RM 852 million) (Effective RM 2.2 billion) Type Private Condominium Private Condominium
Slide 43: Thank You
Thank You Email : irsunwayberhad@sunway.com.my Website : www.sunway.com.my This presentation may contain certain forward-looking statements due to a number of risks, uncertainties, and assumptions. Representative examples of these factors include (without limitation) general industry and economic co