Sunway Construction Group Bhd. · MYX:SUNCON
Sunway Construction Group Bhd — Shareholder Meeting (June 2023)
42 slides from Sunway Construction Group Bhd's shareholder meeting presentation, Jun 19, 2023
Slide 1: 9th Annual General Meeting
9th Annual General Meeting 19 June 2023 –
Slide 2: Presentation Outline
PRESENTATION OUTLINE FINANCIAL PROJECT HIGHLIGHTS 2022 HIGHLIGHTS 2022 PROSPECTS 2023 ESG AND BEYOND HIGHLIGHTS
Slide 3: Financial Highlights 2022
SUNWAY’* CONSTRUCTION FINANCIAL HIGHLIGHTS 2022
Slide 4: Group's Revenue and PBT Margin FY2018 to FY2022
FINANCIAL HIGHLIGHTS 2022 GROUP’S REVENUE AND PBT MARGIN FY2018 TO FY2022 Revenue (RM ’Million) PBT Margin (%) 2,500 10.0% 2,257 2,155 8.9% 8.8% 8.5% 9.0% 2,000 8.0% 8.1% 1,769 1,729 6.5% 7.0% 1,553 1,500 6.0% 5.0% 1,000 4.0% 3.0% 500 2.0% 1.0% - 0.0% 2018 2019 2020 2021 2022
Slide 5: Segmental Revenue FY2021 vs FY2022
FINANCIAL HIGHLIGHTS 2022 SEGMENTAL REVENUE FY2021 VS FY2022 Construction Segment Precast Segment • Improved in this current financial year due to • Improved compared to the previous year as FY2021 contribution from projects in India. was affected more severely by both the MCO in • Resumption of eco
Slide 6: Segmental Profit Before Tax FY2021 vs FY2022
FINANCIAL HIGHLIGHTS 2022 SEGMENTAL PROFIT BEFORE TAX FY2021 VS FY2022 Construction Segment Precast Segment • Increase in revenue even though there was an • Precast profit before tax improved in the current increase in administrative expenses compared to financial year in line with the higher gross
Slide 7: Balance Sheet Ratios
FINANCIAL HIGHLIGHTS 2022 BALANCE SHEET RATIOS 2018 2019 2020 2021 2022 Average ROE 26% 21% 12% 17% 18% Average ROCE 32% 23% 12% 16% 21% Dividend Per Share 7 sen 7 sen 4 sen 5.25 sen 5.50 sen Dividend Payout Ratio 63% 70% 71% 60% 53% Net Gearing Ratio Net Cash Net Cash 0.16 times 0.19 times Net Cash
Slide 8: Project Highlights 2022
SUNWAY* CONSTRUCTION PROJECT HIGHLIGHTS 2022
Slide 9: Completed Projects: Office Buildings - TNB HQ Campus Phase 2
PROJECT HIGHLIGHTS 2022 Completed Projects : Office Buildings TNB HQ Campus Phase 2, Bangsar Contract Value : RM781 million | Client : Tenaga Nasional Berhad
Slide 10: Completed Projects: Residential - Sunway Serene
PROJECT HIGHLIGHTS 2022 Completed Projects : Residential Sunway Serene, Kelana Jaya Contract Value : RM342 million | Client : Sunway Dimension Stones Sdn Bhd
Slide 11: Completed Projects: Education Facility
PROJECT HIGHLIGHTS 2022 Completed Projects : Education Facility Sunway International School, Sunway City, Kuala Lumpur Contract Value : RM121 million | Client : Sunway Education Group Sdn Bhd
Slide 12: Completed Projects: Healthcare Facility
PROJECT HIGHLIGHTS 2022 Completed Projects : Healthcare Facility Sunway Medical Centre Seberang Jaya Phase 1, Penang Contract Value : RM180 million | Client : Alliance Parade Sdn Bhd
Slide 13: Completed Projects: Commercial Facility
PROJECT HIGHLIGHTS 2022 Completed Projects : Commercial Facility Sunway Carnival Mall Extension, Seberang Jaya, Penang Contract Value : RM286 million | Client : Sunway REIT Management Sdn Bhd
Slide 14: Completed Projects: Office Buildings - Sunway Big Box
PROJECT HIGHLIGHTS 2022 Completed Projects : Office Buildings Sunway Big Box Office, Sunway City Iskandar Puteri Contract Value : RM51 million | Client : Sunway Marketplace Sdn Bhd
Slide 15: Completed Projects: MEP - MRT Sentul West
PROJECT HIGHLIGHTS 2022 Completed Projects : Mechanical, Electrical and Plumbing MRT Sentul West Underground Station Contract Value : RM57 million | Client : Mass Rapid Transit Corporation Sdn Bhd
Slide 16: Completed Projects: Geotechnical
PROJECT HIGHLIGHTS 2022 Completed Projects : Geotechnical TASCO Warehouse, Shah Alam Contract Value : RM8.7 million | Client : TASCO Berhad
Slide 17: Completed Projects: Sustainable Energy
PROJECT HIGHLIGHTS 2022 Completed Projects : Sustainable Energy USM Engineering Campus Solar PV System, Penang Contract Value : RM8 million | Client : Universiti Sains Malaysia | Capacity : 4,325 kWp
Slide 18: Completed Projects: Precast - ICPH Singapore
PROJECT HIGHLIGHTS 2022 Completed Projects : Precast Integrated Construction & Prefabrication Hub (ICPH), Singapore • Fully Automated Precast Factory • Production Capacity : 73,500 m3 of concrete products per year Integrated Construction & Prefabrication Hub (ICPH), Singapore Fully Automated Precast
Slide 19: On-going Projects: Commercial / Mixed Development
PROJECT HIGHLIGHTS 2022 On-going Projects : Commercial / Mixed Development South Quay Square, Sunway City Kuala Lumpur Contract Value : RM1.36 billion | Client : Sunway South Quay Sdn Bhd
Slide 20: On-going Projects: Sunway Belfield
PROJECT HIGHLIGHTS 2022 On-going Projects : Residential Sunway Belfield, Kuala Lumpur Contract Value : RM403 million | Client : Sunway Belfield Sdn Bhd
Slide 21: On-going Projects: Sunway Flora Residences
PROJECT HIGHLIGHTS 2022 On-going Projects : Residential Sunway Flora Residences, Bukit Jalil Contract Value : RM278 million | Client : Sunway Flora Sdn Bhd
Slide 22: On-going Projects: Sunway Velocity Two
PROJECT HIGHLIGHTS 2022 On-going Projects : Residential Sunway Velocity Two – Plot B, Kuala Lumpur Contract Value : RM253 million | Client : Sunway Velocity Two Sdn Bhd
Slide 23: On-going Projects: LRT3 Package GS07&08
PROJECT HIGHLIGHTS 2022 On-going Projects : Civil LRT3 Package GS07&08, Klang Valley Contract Value : RM1.29 billion | Client : Setia Utama LRT3 Sdn Bhd
Slide 24: On-going Projects: RTS Link
PROJECT HIGHLIGHTS 2022 On-going Projects : Civil Rapid Transit System Link (RTS Link) Contract Value : RM605 million | Client : Malaysia Rapid Transit System Sdn Bhd
Slide 25: On-going Projects: Sustainable Energy
PROJECT HIGHLIGHTS 2022 On-going Projects : Sustainable Energy Large Scale Solar 4, Kapar, Selangor (50MW) Large Scale Solar 4, Gopeng, Perak (50MW)
Slide 26: On-going Projects: India
PROJECT HIGHLIGHTS 2022 On-going Projects : India Thorapalli Agraharam – Jittandahalli project Secured in May 2020 ………... Secured in October 2020 ………... Meensurutti – Chidambaram project
Slide 27: Outstanding Order Book RM6 Billion
OUTSTANDING ORDER BOOK 7% Singapore Precast RM 443m 28% Building 7% Sustainable Energy RM 1,704m RM 420m 60 Projects RM 6 BILLION Total Outstanding 12% 37% Infrastructure/Piling Order book RM 714m In-house (as of 31 March 2023) RM 2,242m 9% India RM 507m
Slide 28: Prospects 2023 and Beyond
SUNWAY* CONSTRUCTION PROSPECTS 2023 AND BEYOND
Slide 29: Expansion Strategy: Data Center
PROSPECTS 2023 AND BEYOND EXPANSION STRATEGY – GROWTH THROUGH SECTORAL EXPANSION REBUILDING ORDER BOOK WITH NON-CONVENTIONAL AND HIGHER VALUE ADDED SECTOR PROJECTS DATA CENTER Malaysia is seeing a surge of new and emerging data center investments. Over 800MW capacity projected to come onstream in ph
Slide 30: Expansion Strategy: Power Plant
PROSPECTS 2023 AND BEYOND EXPANSION STRATEGY – GROWTH THROUGH SECTORAL EXPANSION REBUILDING ORDER BOOK WITH NON-CONVENTIONAL AND HIGHER VALUE ADDED SECTOR PROJECTS POWER PLANT VIETNAM CAMBODIA MALAYSIA Entered into an EPC agreement with Song Hau 2 Power Company Limited for a thermal power plant at t
Slide 31: Expansion Strategy: Warehouse and Semiconductor Factory
PROSPECTS 2023 AND BEYOND EXPANSION STRATEGY – GROWTH THROUGH SECTORAL EXPANSION REBUILDING ORDER BOOK WITH NON-CONVENTIONAL AND HIGHER VALUE ADDED SECTOR PROJECTS WAREHOUSE SEMICONDUCTOR FACTORY Source: Nippon Express
Slide 32: Expansion Strategy: Sustainable Energy
PROSPECTS 2023 AND BEYOND EXPANSION STRATEGY – GROWTH THROUGH SECTORAL EXPANSION REBUILDING ORDER BOOK WITH NON-CONVENTIONAL AND HIGHER VALUE ADDED SECTOR PROJECTS SUSTAINABLE ENERGY BOOT – DISTRICT COOLING SYSTEMS (DCS) CORPORATE GREEN POWER PROGRAM (CGPP) Entered into a BOOT agreement with Sunway
Slide 33: Growth Through Investment Capability
PROSPECTS 2023 AND BEYOND EXPANSION STRATEGY – GROWTH THROUGH INVESTMENT CAPABILITY PRIVATE FINANCE INITIATIVE (PFI) & CONTRACTOR FINANCING Contractor Financing 1 Open to various private sector project financing scheme 2 Private Finance Initiative (PFI) Private Finance Public infrastructure projects
Slide 34: Growth Through Regional Expansion
PROSPECTS 2023 AND BEYOND EXPANSION STRATEGY – GROWTH THROUGH REGIONAL EXPANSION VIETNAM INDIA Power Plant Infrastructure Renewable Energy Data Centre Renewable Energy SINGAPORE Precast INDONESIA Various business segments (Opportunities from the relocation of country’s capital city)
Slide 35: ESG Highlights
SUNWAY* CONSTRUCTION / _ESG HIGHLIGHTS BE
Slide 36: Our ESG Commitments
ESG HIGHLIGHTS OUR ESG COMMITMENTS Vision To be a leading regional construction and engineering group Mission Innovating to deliver value underpins our relentless efforts to drive positive and sustainable change in the way we work and operate to create value for all our stakeholders Our Strategic Th
Slide 37: MSCI ESG Ratings
ESG HIGHLIGHTS MSCI ESG RATINGS AA BBB BBB BBB BBB 2018 2019 2020 2021 2022 • The only company with ‘AA’ rating in the Malaysian construction industry • Recognition of effective ESG strategies
Slide 38: Environmental Pillar
ESG HIGHLIGHTS ENVIRONMENTAL PILLAR 207 MWh Climate Action 26.2% 61.3% solar energy generated at reduction in Scope 1 emission increase in Scope 2 emission Sunway Precast Industries in from 2020 levels from 2020 levels Senai, Johor and Sunway Enterprise Park, Puchong Circular Economy 22.5% waste div
Slide 39: Social Pillar
ESG HIGHLIGHTS SOCIAL PILLAR Employee 23.8 hours average Learning and Development 1.00 : 0.92 Management training hours per employee Pay equity men to women (an increase of 36.3% from 2021) Fair Labour 100% ZERO engagement with direct workers confirmed incidents on Practice annually on matters relat
Slide 40: Governance Pillar
ESG HIGHLIGHTS GOVERNANCE PILLAR Anti-Corruption & ZERO 100% confirmed bribery and corruption employees trained in compliance Anti-Bribery incidents (including new hires) Governance and ZERO Ethical Business confirmed major non-compliance to all SunCon Code of Conducts Risk & Regulatory 41 notices r
Slide 41: Awards & Recognition
ESG HIGHLIGHTS AWARDS & RECOGNITION 2023 Australasian Reporting Award (ARA) 2023 Talentbank Graduates’ Choice 2022 MSCI ESG Rating – Silver Award Award – Champion in Construction 2022 The Edge Billion Ringgit Club 2022 National Annual Corporate 2022 Annual Report Competition (ARC) Highest Return on
Slide 42: Thank You
THANK YOU
Sunway Construction Group Berhad — Shareholder Meeting (June 2023) on 6ix