Slide 1: Sunway Berhad Q1 2015 Results Review Briefing Pack
sunway berhad Q1 2015 Results Review Briefing Pack 26 MAY 2015
Slide 2: Good Start for FY 2015
Good Start for FY 2015 1) Year on Year • PBT up 36% • PATMI up 41% • PATMI Margin improves to 13.8% from 10.1% • Profits enhanced by RM22.9 million gain for disposal of Sunway Hotel Georgetown and Wisma Sunway 2) Quarter on Quarter • Q1 results are traditionally weaker than Q4 due to seasonality 3)
Slide 3: Overview of Key Performance Highlights
Overview of Key Performance Highlights RM mil Q1 FY 2015 Q1 FY 2014 Q4 FY 2014 Unaudited Unaudited Audited Jan - Mar 2015 Jan - Mar 2014 Oct- Dec 2014 Revenue 1,060.0 1,025.7 1,193.8 EBIT 204.9 150.0 406.5 EBIT Margin 19.3% 14.6% 34.0% Operating Profit 169.9 109.6 361.7 Operating Profit Margin 16.0%
Slide 4: Balance Sheet and Gearing
Balance Sheet and Gearing Quarter ended 31/3/2015 FYE 31/12/2014 (Unaudited) (Audited) RM'mil RM'mil Non-current Assets 7,135.7 6,874.9 Current Assets 6,147.6 5,884.3 Assets Held for sale - 98.0 Total Assets 13,283.3 12,857.1 Current Liabilites 4,478.0 4,275.8 Non-current Liabilities 2,321.9 2,257.5
Slide 5: Property Development Segmental Review
Property Development Segmental Review Q1 2015 Q1 2014 Q4 2014^ Revenue (RM'mil) 180.7 222.3 496.3 Operating Profit (RM'mil) 40.0 52.1 96.6 Op. Profit Margin 22.2% 23.4% 19.5% EBIT (RM'mil) (incl. share of assc. & JCE) 55.2 69.8 115.4 EBIT Margin (incl. share of assc. & JCE) 30.5% 31.4% 23.2% ^Based
Slide 6: Sales as at March 2015
Sales as at 31 March 2015 Sales as at March 2015 is RM247 million 62 49 28 21 16 15 13 11 7 7 6 5 7 Velocity South Quay Eastwood Iskandar Montana Ipoh Vivaldi Wellesley Damansara Cassia Singapore Australia Others Effective Sales as at March 2015 is RM186 million 52 29 21 15 11 11 13 8 7 6 5 3 4 Velo
Slide 7: Unbilled Sales as at March 2015
Unbilled Sales as at 31 March 2015 Unbilled Sales as at March 2015 is RM2.5 billion 674 583 323 281 163 141 109 71 53 49 12 South Quay Velocity Geo Singapore Montana Iskandar Lenang Eastwood Ipoh Wellesley Others Residences Effective Unbilled Sales as at March 2015 is RM1.8 billion 495 404 281 163 1
Slide 8: Sales Trend
Sales Trend Quarter 1 Sales Trend Yearly Sales Trend 1.83 bil 1.85 bil 348 mil 1.71 bil 1.70 bil 238 mil 247 mil 198 mil Q1 12 Q1 13 Q1 14 Q1 15 2012 2013 2014 2015 (F)
Slide 9: Property Investment Segmental Review
Property Investment Segmental Review Q1 2015 Q1 2014 Q4 2014^ Revenue (RM'mil) 139.3 136.2 160.4 Operating Profit (RM'mil) 44.4 20.1 182.2 Op. Profit Margin 31.9% 14.7% 113.6% EBIT* (RM'mil) (incl. share of assc. & JCE) 68.3 42.8 207.8 EBIT Margin (incl. share of assc. & JCE) 49.1% 31.4% 129.6% *Inc
Slide 10: Construction Segmental Review
Construction Segmental Review Q1 2015 Q1 2014 Q4 2014^ Revenue (RM'mil) 375.3 358.7 208.5 Operating Profit (RM'mil) 52.9 31.0 48.0 Op. Profit Margin 14.1% 8.6% 23.0% EBIT (RM'mil) (incl. share of assc. & JCE) 51.8 30.9 48.3 EBIT Margin (incl. share of assc. & JCE) 13.8% 8.6% 23.2% ^Based on audited
Slide 11: Construction Order Book – RM2.8 billion
Construction Order Book – RM2.8 billion Contract O/S Order Sum Book RM'mil RM'mil Infrastructure MRT Package V4 (Sec 17 to Semantan) 1,173 502 LRT Kelana Jaya Line Extension (Package B) 569 129 BRT Sunway Line 453 62 Johor MRT Package V4 Urban Wellness Centre 283 113 49% Coastal Highway Southern Lin
Slide 12: Thank You
Thank You Email : irsunwayberhad@sunway.com.my Website : www.sunway.com.my Next quarter announcement on 27 Aug 2015 This presentation may contain certain forward looking statements due to a number of risks, uncertainties and assumptions. Representative examples of these factors include (without limi