Drb-hicom Bhd. · MYX:DRBHCOM
Drb-hicom Bhd — Q3 2024 Earnings Presentation
21 slides from Drb-hicom Bhd's earnings presentation, November 2024
Slide 1: 3Q 2024 Financial Results
3Q 2024 Financial Results Quarter Ended 30 September 2024
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: Table of Content
01 Group Key Highlights 02 Financial Performance TABLE OF CONTENT 03 Operational Highlights 04 ESG
Slide 4: Group Key Highlights
01 Group Key Highlights
Slide 5: Group Key Highlights
Group Key Highlights 3Q2024 delivered stable performance despite challenging business environment Revenue PBT RM billion RM million 12.2 12.1 401.2 282.6 4.1 3.8 4.0 45.9 25.9 115.5 3Q2024 2Q2024 3Q2023 9M2024 9M2023 3Q2024 2Q2024 3Q2023 9M2024 9M2023 ▪ The Group recorded revenue of RM12.2 billion i
Slide 6: Financial Performance
02 Financial Performance
Slide 7: Revenue Breakdown by Sector
Revenue Breakdown by Sector RM million RM million RM million 8,457.5 8,760.4 770.8 811.4 584.1 470.8 190.0 206.3 239.1 240.5 265.0 2,868.6 2,886.0 158.0 2,541.1 3Q2024 2Q2024 3Q2023 9M2024 9M2023 3Q2024 2Q2024 3Q2023 9M2024 9M2023 3Q2024 2Q2024 3Q2023 9M2024 9M2023 Automotive Aerospace & Defence Pos
Slide 8: PBT Breakdown by Sector
PBT Breakdown by Sector RM million 3Q2024 2Q2024 3Q2023 9M2024 9M2023 Automotive 102.5 96.9 161.2 381.1 524.8 Aerospace & Defence (1.9) 5.1 0.6 15.0 (0.7) Postal (34.0) (63.9) (30.6) (122.0) (109.7) Banking 35.1 39.1 64.9 134.7 171.1 Services (6.8) 4.9 (6.1) 17.1 32.6 Properties (8.4) (12.2) (6.8) 2
Slide 9: Balance Sheet Management
Balance Sheet Management As at 30 September 2024 Total Assets 30 September 2024 31 December 2023 Δ Property, Plant & Equipment 5.1 5.2 -1.9% Banking Related Assets 40.3 38.0 +6.1% Inventories 4.3 4.5 -4.4% Cash & Bank Balances 2.7 2.0 +35.0% Trade & Other Receivables 4.0 4.3 -7.0% Others 4.2 4.6 -8.
Slide 10: Operational Highlights
03 Operational Highlights
Slide 11: Operational Highlights: Automotive
Operational Highlights: Automotive PROTON, Automotive Distribution (“AD”) and Manufacturing & Engineering (“M&E”) 8,760.4 Revenue Contribution to the Group: 8,457.5 Automotive 9M2024 680.2 RM million 664.5 1,146.9 2,868.6 2,886.0 1,052.3 230.6 2,541.1 276.4 346.2 196.6 381.0 331.3 69% 6,740.7 6,933.
Slide 12: Sales Performance by DRB-HICOM Marques
Sales Performance by DRB-HICOM Marques DRB-HICOM Market Share : 32.2% of TIV Malaysia Units (Vehicle sold) 110,215 114,806 59,396 54,022 9M2024 9M2023 9,740 12,572 11,962 16,521 Source: MAA Domestic Sales only Group Total Sales Volume 9M2024: 191,313 (32.2%); 9M2023 (incl. DHCV – 26 units): 197,947
Slide 13: Operational Highlights: Aerospace & Defence
Operational Highlights: Aerospace & Defence CTRM and DEFTECH Revenue Contribution to the Group: Aerospace & Defence 9M2024 584.1 RM million 38.7 470.8 38.1 5% 206.3 190.0 14.8 545.4 16.3 158.0 18.5 432.7 173.7 191.5 139.5 3Q2024 2Q2024 3Q2023 9M2024 9M2023 CTRM DEFTECH • Aerospace & Defence sector r
Slide 14: Operational Highlights: Postal
Operational Highlights: Postal Pos Malaysia Revenue Contribution to the Group: Postal 9M2024 RM million 6% 770.8 811.4 239.1 240.5 265.0 3Q2024 2Q2024 3Q2023 9M2024 9M2023 Postal sector registered lower revenue of RM770.8 million in 9M2024 compared to RM811.4 million in 9M2023 primarily due to: i. D
Slide 15: Operational Highlights: Banking
Operational Highlights: Banking Bank Muamalat Revenue Contribution to the Group: Banking 9M2024 RM million 13% 1,590.2 1,260.1 555.0 524.8 453.3 3Q2024 2Q2024 3Q2023 9M2024 9M2023 Banking sector recorded higher revenue of RM1,590.2 million in 9M2024 compared to RM1,260.1 million in 9M2023 due to: i.
Slide 16: Operational Highlights: Services
Operational Highlights: Services PUSPAKOM, DRB-HICOM University, Pos Aviation, Pos Logistics and others 691.5 Revenue Contribution to the Group: 609.9 Services 9M2024 RM million 146.2 132.9 143.1 255.4 142.2 6% 219.5 204.9 52.8 133.8 48.5 39.7 127.3 59.7 45.5 47.6 48.1 40.5 45.5 268.4 207.5 94.8 85.
Slide 17: Operational Highlights: Properties
Operational Highlights: Properties Property Concession and Property Development Revenue Contribution to the Group: Properties 9M2024 RM million 1% 168.7 130.9 25.6 26.2 29.0 3Q2024 2Q2024 3Q2023 9M2024 9M2023 Properties sector recorded lower revenue of RM130.9 million in 9M2024 compared to RM168.7 m
Slide 18: Environmental, Social & Governance
04 Environmental, Social & Governance
Slide 19: Group Key Focus on ESG
Group Key Focus on ESG Promoting sustainable development & profitable growth in the long term LONG-TERM ESG TARGETS FY2024 TARGET Environmental Social Governance Group-wide Renewable Energy (RE) Mix • Female representation of at least 30% Achieving 20% renewable energy in Zero tolerance against all
Slide 20: Group ESG Progress for 9M2024
Group ESG Progress for 9M2024 Key indicators of each pillar 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 respecting h
Slide 21: Thank You
Thank You INVESTOR RELATIONS Level 5, Wisma DRB-HICOM Jalan Usahawan U1/8 40150 Shah Alam, Selangor +603 2052 8194 / 8157 / 8243 invest@drb-hicom.com