Ioi Corporation Berhad · MYX:IOICORP
Ioi Corporation Berhad — Q2 FY2025 Earnings Presentation
20 slides from Ioi Corporation Berhad's earnings presentation, 2025
Slide 1: FY2025 2nd Quarter Group Results Summary
IOI CORPORATION BERHAD FY2025 2nd Quarter Group Results Summary
Slide 2: Table of Contents
Table of Contents 1. Financial results 2. Operating statistics 3. Prospects 4. Update on sustainability initiatives 1
Slide 3: 1. Financial Results
1. FINANCIAL RESULTS 2
Slide 4: Profit or Loss - Qtr on Qtr
Profit or Loss - Qtr on Qtr (in RM million) Q2 FY25 Q2 FY24 % change Revenue 2,965.8 2,396.8 24% Operating profit 326.5 352.2 -7% Share of results of associates 107.7 57.6 87% Share of results of joint ventures 1.2 1.2 0% Profit before interest and tax 435.4 411.0 6% Net finance costs (25.1) (28.3)
Slide 5: Profit or Loss - Year-to-Date
Profit or Loss - Year-to-Date (in RM million) YTD FY25 YTD FY24 % 6 months 6 months change Revenue 5,639.0 4,601.0 23% Operating profit 691.5 618.6 12% Share of results of associates 214.4 183.1 17% Share of results of joint ventures 1.7 2.5 -32% Profit before interest and tax 907.6 804.2 13% Net fi
Slide 6: Segment Results - Qtr on Qtr
Segment Results - Qtr on Qtr (in RM million) Q2 FY25 Q2 FY24 % change Plantation - Operating profit 418.7 280.9 49% - Associates 79.4 38.5 106% Note 1 498.1 319.4 56% Manufacturing - Operating profit (89.2) 64.7 nm - Associates 28.3 19.1 48% - Joint ventures 1.2 1.2 0% Note 2 (59.7) 85.0 nm Other op
Slide 7: Segment Results - Year to Date
Segment Results - Year to Date (in RM million) YTD FY25 YTD FY24 % 6 months 6 months change Plantation - Operating profit 736.4 526.0 40% - Associates 131.7 124.2 6% Note 1 868.1 650.2 34% Manufacturing - Operating profit (36.2) 81.3 nm - Associates 82.7 58.9 40% - Joint ventures 1.7 2.5 -32% Note 2
Slide 8: Underlying PBT- Qtr on Qtr & Year-to-Date
Underlying PBT- Qtr on Qtr & Year-to-Date (in RM million) % YTD FY25 YTD FY24 % Q2 FY25 Q2 FY24 change 6 months 6 months change Profit before tax (“PBT”) 220.8 417.9 -47% 1,029.4 785.7 31% Net FX translation loss/(gain) on foreign currency denominated 189.5 (35.2) nm (176.4) (41.0) 330% borrowings a
Slide 9: 2. Operating Statistics
y | |S iW IOI iP 2. OPERATING STATISTICS
Slide 10: Operating Statistics: Plantation (Qtr on Qtr)
Operating Statistics: Plantation (Qtr on Qtr) % % Q2 FY25 Q2 FY24 Q1 FY25 change change CPO Price (RM/mt) 4,470 3,689 21% 4,059 10% PK Price (RM/mt) 3,461 2,073 67% 2,699 28% FFB Production (‘000 mt) 768 819 -6% 760 1% Average mature area (‘000 Ha) 139 144 -3% 142 -2% FFB Yield (mt/Ha) 5.52 5.66 -2%
Slide 11: Operating Statistics: Plantation (Year-to-Date)
Operating Statistics: Plantation (Year-to-Date) YTD FY25 YTD FY24 % 6 months 6 months change CPO Price (RM/mt) 4,271 3,736 14% PK Price (RM/mt) 3,097 2,085 49% FFB Production (‘000 mt) 1,528 1,553 -2% Average mature area (‘000 Ha) 140 145 -3% FFB Yield (mt/Ha) 10.89 10.70 2% CPO Production (‘000 mt)
Slide 12: Operating Statistics: Resource-based Manufacturing
Operating Statistics: Resource-based Manufacturing Sales Volume (Qtr on Qtr) % (‘000 mt) Q2 FY25 Q2 FY24 change Oleochemical 144 144 0% Refinery 395 376 5% Sales Volume (Year-to-Date) YTD FY25 YTD FY24 % (‘000 mt) 6 months 6 months change Oleochemical 302 282 7% Refinery 764 705 8% 11
Slide 13: 3. Prospects
3. PROSPECTS 12
Slide 14: Prospects
Prospects Crude palm oil (“CPO”) price has been volatile over the past few months, dropping from a high of over RM5,000 per metric ton (“MT”) to below RM4,200 per MT before recently rebounding to approximately RM4,500 per MT. Moving forward, several factors are expected to support CPO price. Malaysi
Slide 15: Prospects (cont'd)
Prospects (cont’d) For our specialty fats sub-segment, represented by our associate company Bunge Loders Croklaan (“BLC”), product margins, particularly for cocoa butter equivalents, are expected to remain strong during the remaining quarters of FY2025. However, potential U.S. tariffs may disrupt th
Slide 16: 4. Update on Sustainability Initiatives
4. UPDATE'S ON SUSTAINABILITY INITIATIVES 15
Slide 17: Update on Policies, Regulations and Initiatives
Update on Policies, Regulations and Initiatives IOI Group Safety and Health Policy- Approved in December 2024 • Applies to all employees, contractors, subcontractors, visitors affected by activities conducted within our operations. • Cover activities involved work carried out at IOI plantations, man
Slide 18: Climate Change Action initiative (CCAi) Decarbonization Pathway to Net Zero by 2040
Climate Change Action initiative (CCAi) Decarbonization Pathway to Net Zero by 2040 ▪ GOVERNANCE • Climate related matter discussed at BSC Task Force on • Formation of Climate related Financial Disclosure Committee (CFDC) Climate Related Finance ▪ STRATEGY Disclosure • Technology & Innovation (TCFD)
Slide 19: Global Assessments, Ratings & Indices
Global Assessments, Ratings & Indices 1 8 FTSE4Good Score: Remains 3.6 Gold Gold Governance Score: 5.0 Forest, ESG Rating : BBB to A ESG Score: C- to C Water Security & Climate: B (AAA to CCC) (1) Rank in sector – Food Emerging Market S&P Global Corporate Sustainability Assessment ESG Score : 24.7 t
Slide 20: Thank you
Apa» iF IOI GROUP Thank you
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