Ijm Corporation Berhad · MYX:IJM
Ijm Corporation Berhad — 4QFY25 Earnings Presentation
28 slides from Ijm Corporation Berhad's earnings presentation, November 2025
Slide 1: IJM Corporation Berhad Financial Results 4QFY25
IJM CORPORATION BERHAD Financial Results for the Fourth Quarter of Financial Year 2025 Investor Presentation
Slide 2: 4QFY25 Group Performance Review
4QFY25 Group Performance Review Group Income Statement Group Balance Sheet Divisional Performance & Key Highlights 1
Slide 3: Group Income Statement
Group Income Statement RM’mil 4QFY25 4QFY24 %∆ FY25 FY24 %∆ Revenue 1,791.5 1,759.2 1.8 6,251.9 5,918.8 5.6 EBITDA 380.8 515.7 (26.2) 1,343.7 1,572.3 (14.5) Operating Profit 313.7 446.4 1,093.7 1,272.8 Finance Cost (70.1) (74.8) (283.2) (307.1) Operating Profit After Finance Cost 243.5 371.6 810.5 9
Slide 4: Group Core Profit Before Tax
Group Core Profit Before Tax RM’mil FY25 FY24 Reported PBT 791.1 964.2 Add/(less): Forex loss/(gain) 42.1 (30.4) Fair value loss/(gain) on WCEH Bhd warrants 26.6 (67.0) Reversal of impairment of LEKAS RCULS (78.6) Impairment of investment in WCE RUMS 54.0 Core PBT 913.7 788.2 +15.9% 3
Slide 5: Group Balance Sheet
Group Balance Sheet RM’mil 31 March 25 31 March 24 Share Capital 6,132.4 6,132.4 Shareholders’ Funds 10,276.3 10,216.5 Total Assets 21,769.3 21,315.3 Net Assets Per Share (RM) 2.93 2.91 Total Cash 2,494.0 2,870.4 Total Borrowings (5,842.4) (5,534.3) Net Debt (3,348.4) (2,663.9) Net Debt / Shareholde
Slide 6: Construction 4QFY25 Results
Construction 4QFY25 Results RM’mil 4QFY25 4QFY24 %∆ FY25 FY24 %∆ Revenue 841.9 524.7 60.4 2,567.8 1,675.6 53.2 EBITDA 60.0 18.5 224.8 199.6 136.0 46.8 PBT 41.4 (1.5) 2,872.9 113.1 36.8 207.3 PBT % 4.9 - 4.4 2.2 Comments: Revenue for 4QFY25 and FY25 increased by 60.4% and 53.2% respectively as compar
Slide 7: Construction Division - Highlights
Construction Division - Highlights TOTAL OUTSTANDING ORDER BOOK @ 31 March 2025 NEW ORDER BOOK RM11.1 billion RM2.7 billion Buildings 90% Major Contracts Secured in FY25: • Maple Tree Logistic hub - RM584.3mil Outstanding Order Book IJM RM6.6 billion • Siliconware Precision Malaysia (SPIL) – Roads 5
Slide 8: Property 4QFY25 Results
Property 4QFY25 Results RM’mil 4QFY25 4QFY24 %∆ FY25 FY24 %∆ Revenue 410.4 694.7 (40.9) 1,698.7 2,029.3 (16.3) EBITDA 135.2 118.5 14.1 415.6 452.4 (8.1) PBT 118.6 111.1 6.8 359.3 391.0 (8.1) PBT % 28.9 16.0 21.2 19.3 Comments Pre-tax profit for 4QFY25 increased by 6.8% principally due to cost saving
Slide 9: Property Division - Highlights
Property Division - Highlights NEW SALES RECORDED RM’million 3,000 RM2.7bn 7% RM2.4bn 2,500 21% 4% 11% 2,000 7% 21% 11% RM1.5bn 9% 1,500 2% 21% 6% 21% 1,000 56% 14% 63% 63% 500 57% - FY23 FY24 FY25 Property sales RM1,870m Property sales RM2,120m Property sales RM1,367m Land sales RM870m Land sales R
Slide 10: Investment Property: Finsbury Circus
Investment Property: 25 Finsbury Circus Strengthening IJM’s international investment property portfolio and establishing larger footprint in a key market REAL ESTATE FINANCIAL RETURNS Base Case Numbers Gross Internal Area - GIA (sqft) Net Internal Area – NIA (sqft) Existing area 300,500 209,300 Addi
Slide 11: Investment Property: Royal Mint Street
Investment Property: 88 Royal Mint Street The second phase of RMG reflects our commitment to creating spaces connecting communities, enhancing urban landscapes, and delivering long-term value KEY HIGHLIGHTS REAL ESTATE FINANCIAL RETURNS 15-storey high-rise GDC (inc land, encapsulation, construction
Slide 12: Industry 4QFY25 Results
Industry 4QFY25 Results RM’mil 4QFY25 4QFY24 %∆ FY25 FY24 %∆ Revenue 277.3 275.0 0.9 1,054.7 1,192.0 (11.5) EBITDA 67.4 62.0 8.6 243.8 235.7 3.4 PBT 55.1 47.7 15.7 190.7 181.8 4.9 PBT % 19.9 17.3 18.1 15.2 Comments: Revenue for 4QFY25 is marginally higher than 4QFY24 whilst revenue for FY25 was lowe
Slide 13: Infrastructure - Toll 4QFY25 Results
Infrastructure - Toll 4QFY25 Results RM’mil 4QFY25 4QFY24 %∆ FY25 FY24 %∆ Revenue 130.6 133.4 (2.0) 449.5 519.6 (13.5) EBITDA 45.7 145.2 (68.6) 212.2 388.5 (45.4) Malaysian Toll 23.0 136.0 153.7 292.6 Overseas & Other Infra 22.7 9.2 58.5 95.9 PBT (0.9) 77.2 (101.1) (0.1) 128.3 (100.1) Malaysian Toll
Slide 14: New Pantai Highway Extension (NPE2)
New Pantai Highway Extension (NPE2) Enhance inter-expressway connectivity and complement traffic dispersal of NPE ~ 15 KM Elevated highway beginning at Pantai Dalam Toll Plaza to Jalan Istana, inc directional ramps Key Features: • Interconnecting with NPE, BESRAYA, and upcoming LIKE • Travelling tim
Slide 15: Infrastructure - Port 4QFY25 Results
Infrastructure - Port 4QFY25 Results RM’mil 4QFY25 4QFY24 %∆ FY25 FY24 %∆ Revenue 121.9 129.0 (5.4) 450.9 467.0 (3.5) EBITDA 48.6 80.1 (39.4) 235.6 276.2 (14.7) PBT 31.5 49.0 (35.8) 125.5 151.4 (17.1) Cargo Throughput (mil tons) 5.5 7.0 24.3 26.2 Comments: Revenue for 4QFY25 and FY25 decreased by 5.
Slide 16: Thank You
Thank You www.ijm.com
Slide 17: Appendix
Appendix Construction Outstanding Order Book New and upcoming property launches 16
Slide 18: Construction Division – Order Book
Construction Division – Order Book UK SINGAPORE (50%) (45.5%) Outstanding Order Book RM3.5 billion Outstanding Order Book RM1.0 billion • Golden Lane • Heart of Yew Tee • Salford New Bailey C2 • Millennium Bridge • Bukit Timah Link • One Eastside, Birmingham House • NIM Collection • Consort Place (A
Slide 19: New Launches 4QFY25
New Launches 4QFY25 (1 Jan to 31 March 2025) 13 projects were launched with total GDV of RM3.4 billion Ridge View @ Puchong (Phase Lightwater Residences Batiq Phase 1 Nova Phase 2 @ S2 Heights 1B) 2 - Storey Terrace House Condominium 2 - Storey Garden Homes 2 - Storey Semi-D Home No of Units : 11 No
Slide 20: New Launches 4QFY25
New Launches 4QFY25 (1 Jan to 31 March 2025) 13 projects were launched with total GDV of RM3.4 billion Anthea @ IJM Rimbayu Stellaris @ Riana Dutamas Austin Duta Phase 2A Austin Duta Phase 2B Semi-D & Super Link Serviced Apts & Retails 2 - Storey Terrace 2 - Storey Terrace No. of Units : 180 No. of
Slide 21: New Launches 4QFY25
New Launches 4QFY25 (1 Jan to 31 March 2025) 13 projects were launched with total GDV of RM3.4 billion Suria Hill Phase 1A - Roam @ IJM Rimbayu District 28 @ IJM Rimbayu Enlance Suites Serviced 2 - Storey Terrace House Strata Shop & Office Semi-D Shop & Office Apartments No. of Units : 142 No. of Un
Slide 22: New Launches 4QFY25
New Launches 4QFY25 (1 Jan to 31 March 2025) 13 projects were launched with total GDV of RM3.4 billion Phase 5 @ Nasa CIty 2 - Storey Shop Office No. of Units : 27 GDV : RM38 mil Launch Date : March 2025 21
Slide 23: FY2026 Property Launches
FY2026 Property Launches Future launches with GDV of RM2.4 billion Merionne Grand @ TLC Suria Hill Phase 4A Austin Duta Phase 12A Phase 12A @ Nasa City Business Suites, Retail & 2 - Storey Terrace House Double Storey Semi D 2 - Storey Shop Office Offices No. of Units : 197 No. of Units : 96 No. of U
Slide 24: FY2026 Property Launches
FY2026 Property Launches Future launches with GDV of RM2.4 billion Ikon Residences @ S2 Retail & Suria Hill Phase 1B - Low Cost @ Austin Duta Merionne Residences @ TLC Lifestyle Condominium Single Storey Terrace House No. of Units : 778 No. of Units : 122 No. of Units : 80 No. of Units : 145 GDV : R
Slide 25: FY2026 Property Launches
FY2026 Property Launches Future launches with GDV of RM2.4 billion Green Technology Park @ Ridge View Phase 5 @ Infineon Phase 1 @ Sandakan Esra Residence IJM Bayouri Seremban 2 Puchong 2 – Storey Shop Office 2 – Storey Terrace No. of Lots : 15 No. of Units : 16 No. of Units : 18 No. of Units : 104
Slide 26: FY2026 Property Launches
FY2026 Property Launches Future launches with GDV of RM2.4 billion Sutera 2 Riana Star Park Phase 11B @ Nasa CIty Suria Hill Phase 3A 2 – Storey Terrace Serviced Apartment 2 - Storey Terrace 2 – Storey Terrace No. of Units : 104 No. of Units : 864 No. of Units : 178 No. of Units : 277 GDV : RM96 mil
Slide 27: FY2026 Property Launches
FY2026 Property Launches Future launches with GDV of RM2.4 billion Nexus 2 City Park Shop Austin Duta Phase 12B Utama Crown @ Sandakan Lifestyle Shop 3 – Storey Shop Office 2 – Storey Shop Office 2 – Storey Shop Office No. of Units : 39 No. of Units : 69 No. of Units : 42 No. of Units : 2 GDV : RM80
Slide 28: Thank You
Thank You www.ijm.com
IJM Corporation Berhad — 4QFY25 Earnings Presentation on 6ix