Eco World Development Group Bhd. · MYX:ECOWLD
Eco World Development Group Bhd — 1Q FY2025 Earnings Presentation
21 slides from Eco World Development Group Bhd's earnings presentation, March 2025
Slide 1: Corporate Presentation 1Q FY2025
CORPORATE PRESENTATION 1Q FY2025 (1 nov 24 – 31 jan 25) MARCH 2025
Slide 2: Sales Performance
SALES performance 4 MONTHS (AS AT 28 FEB 2025)
Slide 3: Sales – 1st 4 Months of FY2025
SALES – 1st 4 MONTHS OF FY2025 54% HIGHER THAN 1st 4 MONTHS OF FY2024 RM1.934 55% BILLION Sales as at of FY2025 28 Feb 2025 Sales Target Achieved
Slide 4: Sales by Region
SALES BY REGION HIGHEST CONTRIBUTION FROM ECO SOUTH RM 125 m Eco South recorded RM1.14 billion with increasingly high 7% demand in Iskandar Malaysia for residential, commercial & industrial properties. RM 665 m 34% New launches in Eco South Sales By Region RM 1,144 m 59% Eco Botanic : Semi-D & Shop
Slide 5: FY2025 Sales by Revenue Pillar
FY2025 SALES BY REVENUE PILLAR STRONG CONTRIBUTIONS FROM EVERY MARKET SEGMENT Industrial : RM994 M | 51% of Group Sales QUANTUM - 2 parcels sold to hyperscalers - 138.532 acres in RM 420 m 22% EBP I to Microsoft & 58.187 acres in EBP V to Pearl Computing Eco Business Parks - sales of Semi-Dee factor
Slide 6: Industrial Land Sales in 9 Months RM1.59 Billion
Industrial land SALES IN 9 MONTHS (jUNE 2024 - FEB 2025) RM1.59 BILLION JUN 2024 AUG 2024 FEB 2025 FEB 2025 (fy2024) (fy2024) (fy2025) (Fy2025) 123 acres 57 acres 138 acres 58 acres RM402 Mil RM224 Mil RM694 Mil RM266 Mil Microsoft Princeton DIGITAL Microsoft PEARL COMPUTING GROUP
Slide 7: Financial Highlights
FINANCIAL HIGHLIGHTS 1Q FY2025 (1 nov 24 – 31 jan 25)
Slide 8: Financials Updates
FINANCIALS UPDATES 1Q FY2025 (1 NOV 24 – 31 JAN 25) Revenue Gross Profit PAT 0.3% 19.3% 15.4% RM 538 mil RM 540 mil RM 80 mil RM 153 mil RM 70 mil RM 128 mil 1QFY24 1QFY25 1QFY24 1QFY25 1QFY24 1QFY25 Revenue improved slightly GP Margin increased to PAT increased by 15.4% due to higher contributions
Slide 9: Future Revenue RM5 billion
FUTURE REVENUE AS AT 28 FEB 2025 Future revenue from locked-in sales RM5 billion (26% increase from RM3.96 billion as at 31 Oct 2024) This provides: 1) Clear near & mid-term earnings visibility 2) Strong cash-flow certainty
Slide 10: Strong Balance Sheet to Power Growth
STRONG BALANCE SHEET TO POWER GROWTH AS AT 31 JAN 2025 RM 1,304 m • Funds actively deployed to secure future pipelines of Total Cash growth – completed acquisition of 847.25 acres in & Bank Semenyih in 1Q 2025 for a new township development Balances • High cash balance of RM1.3 billion as at 31 Jan
Slide 11: Commitment to Dividend Payment
COMMITMENT TO DIVIDEND PAYMENT BALANCING GROWTH + REWARDING SHAREHOLDERS 1 sen 1st time interim dividend 1Q 2020 - Dividend Per Share 2021 - 2022 - 2023 - 2024 - 2025 1.00 declared in 1st quarter 2Q - 2.00 2.00 2.00 2.00 3Q - - 1.00 2.00 2.00 Committed to continue 4Q 2.00 2.00 2.00 2.00 2.00 sustain
Slide 12: Landbank & Acquisitions
LANDBANK & acquisitions Highlights & STRATEGY
Slide 13: Landbank + Recent Acquisitions
LANDBANK + RECENT ACQUISITIONS REMAINING LANDBANK AS AT FEB 2025 Eco North 173 acres 249 ACRES 847 ACRES 5% (Acquired fy2024) (Acquired fy2025) Eco South • Eco Botanic 3 – 240 Acres • Eco Radiance - 847 Acres 1,036 acres • Kuala Langat Land - 8.90 Acres • Acquisition completed in 1Q 25 29% 3,532 acr
Slide 14: Eco Radiance
ECO RADIANCE 847.25 acres Freehold in Semenyih, Klang Valley • Purchase consideration: RM742.4 mil /RM20 psf • Estimated GDV: RM4.60 billion for mixed township development • Next to Eco Forest & close to Eco Majestic • 3rd project in Semenyih, reinforcing presence in South- East Klang Valley corrido
Slide 15: MOU: JV with SD Guthrie & NS Corporation
LOCATION MOU : JV with SD GUTHRIE & TO NEW KLA NG VA LLEY EXPR ESSWAY (NKVE) TO CYBERJA YA & PUTRAJAYA TO KUA LA LUMPUR TO KAJANG NS Corporation DENGKIL Universiti Sains Islam 1,166 acres Xiamen Malay sia TO University Freehold in Bukit Pelandok, PORT KLANG Malay sia Nilai University INTI BANDAR BA
Slide 16: Ecoworld – Next Chapter
Ecoworld – next chapter Growing recurring income portfolio
Slide 17: Eco Hubs: Recurring Income Assets
/ Majestic Labs – opening in mid 2025 ECO HUBS : RECURRING INCOME ASSETS LABS | MALL | Drive Thru | RETAIL SPACES LIFESTYLE, RETAIL & EDUCATION TENANTS STRONG & REPUTABLE ANCHORS / Australis, Eco Horizon / Sanctuary Mall, Eco Sanctuary / Eco Galleria, Eco Botanic / Majestic Labs – opening in Mid 202
Slide 18: Enhancements at BBCC
ENHANCEMENTS AT BBCC THE Labs TUAH 1895 MENARA ECOWORLD ENTERTAINMENT HUB LIFESTYLE HUB OFFICE space • Acquired 108 Strata Office Units for RM151 million • Rental & occupancy rates on uptrend
Slide 19: Build & Lease Data Centre
1 BUILD & LEASE DC st 92 acres AT EBP V, SELANGOR RM4.8 BILLIOn RENTAL INCOME OVER 20 YEARS (TRIPLE NET LEASE) TENANT : PEARL COMPUTING |TOTAL LEASE PERIOD UP TO 30 YEARS
Slide 20: 5 Revenue Pillars Serving All Market Segments
5 REVENUE PILLARS serving ALL MARKET SEGMENTs ECO ECO ECO ECO QUANTUM TOWNSHIPS RISE HUBS BIZ PARK RESIDENTIAL RESIDENTIAL COMMERCIAL INDUSTRIAL INDUSTRIAL Anchored by 20 – 30% Recurring income base
Slide 21: Thank You
THANK YOU
Eco World Development Group Berhad — 1Q FY2025 Earnings Presentation on 6ix