Malaysian Pacific Industries Bhd. · MYX:MPI
Malaysian Pacific Industries Bhd — Q4 FY2025 Earnings Presentation
52 slides from Malaysian Pacific Industries Bhd's earnings presentation, August 2025
Slide 1: Investor Presentation Q4 FY2025
1 M A L A Y S I A N P A C I F I C I N D U S T R I E S B E R H A D I N V E S T O R P R E S E N T A T I O N Q 4 F Y 2 0 2 5 ( A p r - J u n ‘ 2 5 ) INVESTOR RELATIONS CONTACT Rohit Kumar +605 5262333 extn 8497 rohitkumar@carsem.com Malaysian Pacific Industries Berhad
Slide 2: Disclaimer
2 DISCLAIMER Malaysian Pacific Industries (MPI) provides access to this presentation for general reference only. This presentation is strictly confidential solely intended for communicating financials and may not be reproduced or circulated without MPI’s prior consent. If you are the recipient of th
Slide 3: Table of Content
1 3 TABLE OF INTRODUCTION CONTENT 2 CORPORATE OVERVIEW 3 BUSINESS OVERVIEW 4 SUSTAINABILITY 5 GROWTH DRIVERS 6 FINANCIALS & SUMMARY
Slide 4: Business overview
4 Business overview MPI – A MEMBER OF THE HONG LEONG GROUP Hong Leong Group and MPI • The Hong Leong Group was established over 50 years ago and is one of The Hong Leong Group the largest conglomerates in Asia One of the Largest Conglomerates in Malaysia • Carsem is an operating company within Malay
Slide 5: Financial performance snapshot
5 Financial performance snapshot STRONG FUNDAMENTALS CREATE BUSINESS RESILIENCE IN TOUGH TIMES Revenue (RM million) PATAMI* growth (%) Debt 564 9% ZERO Q4 FY25 Q4 FY25 vs. Q3 FY25 as of Q4 FY25 CAPEX (RM million) EBITDA (%) Net cash (RM million) 77 22% 988 Q4 FY25 Q4 FY25 as of Q4 FY25 Note: FY25 =
Slide 6: Table of Content
1 6 TABLE OF INTRODUCTION CONTENT 2 CORPORATE OVERVIEW 3 BUSINESS OVERVIEW 4 SUSTAINABILITY 5 GROWTH DRIVERS 6 FINANCIALS & SUMMARY
Slide 7: Journey & capabilities
7 Our journey Carsem One of the most JOURNEY & CAPABILITIES trusted OSAT Power Management 5G 5G TEST partners globally - CuClip Technology for Cloud Server Farms SiC, GaN RF – Smartphone For auto, AI – Thin & Multi-Die mid/ high power MLP – Small & Thin Sensors TVS SiC tech X3 for Mobile Market Sens
Slide 8: Management team
8 Management team MANY YEARS OF CONSOLIDATED EXPERIENCE IN THE INDUSTRY MANUEL ZARAUZA, GROUP MANAGING DIRECTOR, MPI Over 25 years of manufacturing sector experience; Previously with Siemens, Osram Opto Semiconductors, and Seoul Semiconductor PO LAU ERIC CHEAH INDERJEET SINGH Jay RAYMOND SHI CK LEE
Slide 9: Table of Content
1 9 TABLE OF INTRODUCTION CONTENT 2 CORPORATE OVERVIEW 3 BUSINESS OVERVIEW 4 SUSTAINABILITY 5 GROWTH DRIVERS 6 FINANCIALS & SUMMARY
Slide 10: Supply chain & business model
10 Supply chain & business model CARSEM’S PACKAGING & TESTING SERVICES FORM A VITAL PART OF SEMICONDUCTOR VALUE CHAIN IC backend Boxing/ PCB manu- SMT SMT End Mask IC frontend production module/ System design IC Design facturing Assembly Assembly customer production production (Assembly & system (ba
Slide 11: Wide portfolio
11 Wide portfolio COMPREHENSIVE TURNKEY PACKAGING & TEST SERVICES ACROSS KEY APPLICATIONS Automotive System in Quad Flat Package MLP Small Outline IC Package (SiP) (QFP) Industrial (inc. AI) Transient Voltage Power Management Consumer & MEMS & Sensors Copper Clip Flip Chip Suppressor (TVS) (SiC, GaN
Slide 12: Geographic footprint
12 Geographic footprint BROAD GEOGRAPHIC PRESENCE, SERVING A GLOBAL CUSTOMER BASE CARSEM NORTH AMERICA CARSEM S. KOREA CARSEM SUZHOU, CHINA CARSEM JAPAN CARSEM TAIWAN CARSEM IPOH, MALAYSIA S-SITE, M-SITE LEGEND Manufacturing plants & Sales offices Sales offices Malaysian Pacific Industries Berhad
Slide 13: Production facilities
13 Production facilities Malaysian Pacific Industries Berhad
Slide 14: Table of Content
1 14 TABLE OF INTRODUCTION CONTENT 2 CORPORATE OVERVIEW 3 BUSINESS OVERVIEW 4 SUSTAINABILITY 5 GROWTH DRIVERS 6 FINANCIALS & SUMMARY
Slide 15: Sustainability performance
15 Sustainability performance MPI IS A RELIABLE AND RECOGNIZED BRAND FOR SUSTAINABLE BUSINESS PRACTICES for FOUR successive years HATTRICK of awards Diverse and inclusive organisation 6,508 permanent employees as of FY25 EQUITIES |TECHNOLOGY Gender diversity Malaysian Pacific Industries Bhd (Manuel
Slide 16: Environment
16 Environment NEW WASTEWATER CONCENTRATION SYSTEM AT CARSEM SUZHOU ~90% wastewater shall be converted to normal water for reuse Significant annual cost savings Malaysian Pacific Industries Berhad
Slide 17: Training & education
17 Training & education TRAINING AND UPSKILLING IS AMONG OUR TOPMOST STRATEGIC PRIORITIES Six Sigma Green Belt, Project-based Training Maintenance and Calibrations for DEK Solder Semiconductor Test Specialized Technical Paste Printer Training Training Reliability Centered Maintainenance Training Des
Slide 18: Anti-bribery & anti-corruption
18 Anti-bribery & anti-corruption LEADING ETHICALLY & TRANSPARENTLY Certification for implementing Anti-Bribery Management Systems, complying with ISO 37001:2016. Operating subsidiaries Certifying authority Status Carsem M SIRIM QAS International Sdn. Bhd. Certified Shanghai Ingeer Certification Ass
Slide 19: Table of Content
1 19 TABLE OF INTRODUCTION CONTENT 2 CORPORATE OVERVIEW 3 BUSINESS OVERVIEW 4 SUSTAINABILITY 5 GROWTH DRIVERS 6 FINANCIALS & SUMMARY
Slide 20: Market outlook
20 Market outlook Automotive showing slow recovery, AI server market strong with the future in Robotics Automotive Servers Robots New car sales % change YoY 2024 2025 https://www.businesslive.co.za/bd/life/motoring/2024-10-24-global-car-sales-expected-to-hit-new-records-in-2025/ https://www.trendfor
Slide 21: Impact on business
21 Impact on business Pricing, costs, strategic shifts reshape the semiconductor landscape Malaysian Pacific Industries Berhad
Slide 22: Impact on business
22 Impact on business Rising costs impacting profitability – PAT could have been potentially higher Malaysian Pacific Industries Berhad
Slide 23: Industry dynamics
23 Industry dynamics Semiconductor industry is poised for growth in the long term, however the short term has several roadblocks Geopolitics Over-capacity Demand fluctuations Material price surge To maintain a competitive edge, Carsem continues to invest in packages for Hydrogen Cars, Renewable ener
Slide 24: Growth strategy
24 Growth strategy OUR LONG TERM VISION IS TO BE THE LEADING OSAT FOR AI & AUTOMOTIVE, DRIVEN BY 4 STRATEGY TENETS Sales Technology • Strategic sales across application & geography • Investing in wide band gap tech (SiC, GaN), power • Continued strategic investments and facility expansion packages f
Slide 25: Sales – Future growth focus
25 Sales – Future growth focus Carsem is prioritizing future growth over immediate profits CARSEM SUXIANG INAUGURATED NEW FACTORY IN SUXIANG ON 6th MARCH 2025 ✓ Floor Space: 825K sq. ft. (77,000 sq. m), ✓ Renovated Cleanroom 7,000 sq.m out of 35,000 sq.m ✓ Production Floor: 5-storey Production to co
Slide 26: Sales – Future growth focus
26 Sales – Future growth focus New factory opposite Carsem M-site for WideBand Gap (WBG) Machine shifting & team relocation from Carsem S Site have been successfully completed FOL (Level 2) EOL (Level 1) WIDEBAND GAP TECHNOLOGY PLANT Malaysian Pacific Industries Berhad
Slide 27: Sales – Future growth focus
27 Sales – Future growth focus Strong cash position AGGRESSIVELY LOOKING TO ACQUIRE CAPABILITIES FOR TECHNOLOGY AND VALUE CHAIN UPGRADE MODULES / SiP 3D PRINTING DESIGN HOUSE ✓ Development focus on Front End ✓ To enable more integration in ✓ To introduce more silicon Module/ SIP, and Custom SIP smal
Slide 28: Confident about longer term growth
28 Confident about longer term growth MPI IS FULLY GEARED UP TO CAPITALIZE AS SOON AS THE MARKET BOUNCES BACK Right portfolio positioning Competitive pricing strategy Continued investments in growth areas Adequate capacity to absorb new business Anchor customers and strong pipeline Robust cash posit
Slide 29: Sales – Revenue composition
29 Sales – Revenue composition Growth in AI server packages is supported by bottoming out of auto sector – steady revenue increase for Carsem AUTOMOTIVE CONSUMER & COMMUNICATIONS • 5G and IoT are unlocking multitude of use • Automotive sector recovering slowly cases – smart cities, healthcare, etc.
Slide 30: Technology – Automotive segment
30 Technology – Automotive segment INNOVATING IN LINE WITH STRATEGY TO BE GLOBALLY PREFERRED OSAT PARTNER FOR AUTOMOTIVE Major trends impacting semiconductor demand (Mobility disruptions) Electrification Autonomy Connectivity Novel battery technologies, growth of electrical Surge in autonomous drivi
Slide 31: Technology – Industrial segment
31 Technology – Industrial segment EXPANDING PORTFOLIO ALIGNED WITH TRENDS IN ADVANCED PACKAGING & TESTING FOR POWER Major trends impacting semiconductor demand Industry 4.0 Big Data Higher performing devices with greater functionality driving models that More servers with high power & high efficien
Slide 32: Technology – Consumer/ communications segment
32 Technology – Consumer/ communications segment TAPPING INTO THE 5G REVOLUTION THROUGH ROBUST CUSTOM OFFERINGS Major trends impacting semiconductor demand 5G IoT High data rates, massive connectivity and ultra-low latency, catalyzing Need for combining functionalities – security, connectivity & mic
Slide 33: Technology–Immediate focus: SiC
33 Technology–Immediate focus SiC - UNLOCKING RF & POWER APPLICATIONS CARSEM ADVANTAGE ✓ Optimized packaging & Benefits of SiC over performance for better results previous gen materials ✓ Ongoing advanced SiC packaging SiC technology for power has ✓Wider bandgap, solutions for major customers in a p
Slide 34: Technology–Immediate focus
34 Technology–Immediate focus Cutting edge technology development across Automotive and Robotics Hydrogen fuel cell – gas sensor Air flow sensor for ICE vehicles Custom design and manufacturing by Carsem ✓ Custom developed air flow sensor micromodule; enables improvement in air-fuel mixing ratio, le
Slide 35: Technology–Immediate focus
35 Technology–Immediate focus CUTTING EDGE TECHNOLOGY DEVELOPMENT TPMS Government mandates for TPMS • Regulators now treating TPMS data as frontline safety information. From Gel Jul 2024, the EU General Safety Regulation II requires TPMS on every new passenger car, bus, truck and trailer. South Amer
Slide 36: sTOLL CLIP MOSFET at Carsem Suzhou
36 Technology–Immediate focus sTOLL 1st successful CLIP MOSFET at CARSEM SUZHOU sTOLL- new 7x8 mm² Power MOSFET package Perfect choice for future automotive applications up to 250 A Key applications • 12V EPS / 12 VBLDC / 12-48V DC-DC End applications •Motor driving End Customer (Battery supplier) f
Slide 37: GaN for RF Applications – 5G Base Stations
37 Technology – Immediate focus GaN FOR RADIO FREQUENCY (RF) APPLICATIONS – 5G BASE STATIONS Significant growth is projected for front end modules (FEM) in the next 8 years ✓ Carsem Suzhou already has experience in FEM for 4G/5G, include DiFEM Module/DiFEM Module/Duplexer+ Quadruplext and Inregular
Slide 38: Technology – Future focus: 5G Testing
38 Technology – Future focus 5G TESTING 5G – Next Generation of mobile broadband Carsem Suzhou ✓ CSZ is working with 10+ customers for 5G device testing ✓ Completed 5G and Wifi7 RF test capability development, up to WiFi7 7.125GHz ✓ Continuing engagement with specialized customer for 5G FR2 (mmWave)
Slide 39: Technology – Future focus: Satellite Communication
39 Technology – Future focus Satellite Communication Satellite Communication Growth Up Carsem Suzhou ✓ Continue to extend super high RF frequency up to 54 GHz Freq extension ✓ Coverage for mmWave applications: such as 5G, Satcom, Radar, and EW ✓ Engagement with specialized customer for satellite com
Slide 40: Technology – Future focus: Modules
40 Technology – Future focus MODULES CARSEM SUZHOU Entirely new SMT Line 3D X - Ray C - Mold ✓ Invested in dedicated machines for FEM module line, capacity expansion for second line, expected to be ready during FY26 ✓ In regular & hybrid SiP package started production in Q4 FY25 ✓ PAMiD Module under
Slide 41: Quality & productivity focus
41 Quality & productivity focus AUTOMATION – In-House OEE Dashboard Analytics ILLUSTRATIVE OEE Dashboard (End User) Legacy Machine Data Processing Database OEE Device Logfile Extraction Objectives Windows Services Logfile • Real-time OEE monitoring • Drill in to loss time causes SECS/GEM Integration
Slide 42: Awards and recognitions
42 Awards and recognitions QUALITY, PEOPLE and ESG BEST SUPPLIER AWARDS received MAXSCEND Xing Hao ALK CANAANTEK Kang Xi Xing Yao ALLEGRO AIF Malaysian Pacific Industries Berhad
Slide 43: Table of Content
1 43 TABLE OF INTRODUCTION CONTENT 2 CORPORATE OVERVIEW 3 BUSINESS OVERVIEW 4 SUSTAINABILITY 5 GROWTH DRIVERS 6 FINANCIALS & SUMMARY
Slide 44: Financial highlights
44 Financial highlights Q4 FY25 SNAPSHOT REVENUE Despite overall market uncertainty, Q4 FY25 has grown by 12% sequentially in USD compared to Q3 FY25 PATAMI For the same period, PATAMI increased by 9% sequentially in Q4 FY25 CASH Even through global turmoil, MPI continues to build a strong cash posi
Slide 45: Key financials
45 Key financials MPI GROUP RESULTS AT A GLANCE Q4 FY25 Q3 FY25 Q4 FY24 Q4 vs Q3 Q4 vs Q4 YTD FY25 YTD FY24 YoY RM mil RM mil RM mil % % RM mil RM mil % Revenue 564.0 519.9 532.8 8% 6% 2,131.0 2,094.9 2% PAT 52.7 54.5 108.9 -3% -52% 199.7 233.2 -14% PATAMI 43.5 40.1 83.0 9% -48% 153.8 164.4 -6% EPS
Slide 46: Investments
46 Investments CARSEM IS CONTINOUSLY INVESTING FOR THE FUTURE MPI CAPEX (RM million) • Installing new machines for capacity expansion • Hire more people across the globe to support business operations & sales • Invest in Research & Development to deliver latest technology solutions to our customers
Slide 47: Cash
47 Cash MPI’S CASH POSITION REMAINS HEALTHY – READY TO CAPITALIZE ON ORGANIC/ INORGANIC OPPORTUNITIES NET CASH (RM million) 284 444 573 713 826 902 772 840 816 813 801 872 936 958 1,001 1,040 967 990 988 Jun-16 Jun-17 Jun-18 Jun-19 Jun-20 Jun-21 Jun-22 Sep-22 Dec-22 Mar-23 Jun-23 Sep-23 Dec-23 Mar-2
Slide 48: Statement of profit or loss
48 Statement of profit or loss Q4FY25 Q4FY24 Changes RM '000 RM '000 % Revenue 564,017 532,840 6% Cost of sales (504,833) (489,418) 3% Gross profit 59,184 43,422 36% Operating expenses (22,137) (20,286) 9% Other operating income 6,788 85,324 -92% Profit from operation 43,835 108,460 -60% Interest in
Slide 49: Statement of financial position
49 Statement of financial position 31/06/2025 30/06/2024 RM'000 RM'000 Non-current assets Property, plant and equipment 1,297,074 1,311,637 Right-of-use assets 40,249 42,891 Investment properties - 26,174 Investments 46 46 1,337,369 1,380,748 Current Assets Inventories 157,377 146,200 Trade and othe
Slide 50: Statement of financial position
50 Statement of financial position 31/06/2025 30/06/2024 RM'000 RM'000 Equity Share Capital 352,373 352,373 Reserves 1,888,344 1,902,200 Treasury shares -160,858 -163,619 2,079,859 2,090,954 Non-controlling interests 396,288 375,336 2,476,147 2,466,290 Non-current liabilities Borrowings (unsecured)
Slide 51: Summary
51 Summary Effective portfolio positioning is driving our growth, Q4 FY25 up by 12% QoQ Despite rising costs & continued investments, PATAMI increased by 9% against the last quarter Q3 FY25 MPI has a healthy order book for future quarters despite the ongoing market uncertainty Carsem continues to in
Slide 52: Thank You
52 Thank You Malaysian Pacific Industries Berhad
Malaysian Pacific Industries Berhad — Q4 FY2025 Earnings Presentation on 6ix