Eco World Development Group Bhd. · MYX:ECOWLD
Eco World Development Group Bhd — Q2 FY2022 Earnings Presentation
17 slides from Eco World Development Group Bhd's earnings presentation, June 2022
Slide 1: 2Q FY2022 Corporate Presentation
2Q FY2022 Corporate Presentation June 2022
Slide 2: Sales Updates
Enhancing Value SALES UPDATES
Slide 3: FY2022 Sales Target
Enhancing Value FY2022 SALES TARGET ON TRACK TO ACHIEVE SALES TARGET 62% Sales Target RM3.5B of sales target achieved in Sales (May 2022) 1,092 780 297 RM2.17B 7 months 0 500 1,000 1,500 2,000 2,500 3,000 3,500 Nov 2021 - Jan 2022 Feb - Apr 2022 May-22 1Q & 2Q FY2022 launches to cater to Upgrader Ma
Slide 4: Sales Performance by Region
Enhancing Value SALES PERFORMANCE BY REGION 7 MONTHS (NOV 2021 – MAY 2022) Mar - May 8% • Largest percentage increase in sales from Mar – May 2022 from Iskandar Malaysia 20% • Recent launches of Forte & Forte+ residences @ Eco Spring and Charmborough terraces @ 34% Nov - Feb Eco Botanic 2 both aimed
Slide 5: Sales Performance by Product Type
Enhancing Value SALES PERFORMANCE BY PRODUCT TYPE 7 MONTHS (NOV 2021 – MAY 2022) Mar - May • Reopening of borders on 1 April 2022 boosted 12% economic activity leading to increased 33% demand for industrial products and upgrader homes in Iskandar Malaysia Nov - Feb • Increase in FDI (Q1 2021: RM8.5B
Slide 6: Eco Business Parks: Strong Surge in Sales of Industrial Products
Enhancing Value ECO BUSINESS PARKS STRONG SURGE IN SALES OF INDUSTRIAL PRODUCTS RM’million 93% of FY2021 sales in 7 months 446 189% increase from Nov 21 – Feb 22 450 400 350 300 292 • Increased demand from industrialists 250 227 upgrading factories as business activities 200 picked up strongly after
Slide 7: New & Upcoming Launches
Enhancing Value NEW & UPCOMING LAUNCHES
Slide 8: New & Upcoming Launches in FY2022
Enhancing Value NEW & UPCOMING LAUNCHES IN FY2022 WIDE RANGE OF STARTER, UPGRADER & HIGH-RISE HOMES + INDUSTRIAL PRODUCTS
Slide 9: Financial Updates
Enhancing Value FINANCIAL UPDATES
Slide 10: 2Q FY2022 Financials
Enhancing Value FINANCIAL UPDATES 2Q FY2022 FINANCIALS 21% 58% 9,518 263% 600,000 506,894 38,602 550,000 500,000 420,455 450,000 400,000 350,000 300,000 16,315 250,000 200,000 150,000 100,000 -16,000 50,000 0 0 -15,561 2Q FY2021 2Q FY2022 2Q FY2021 2Q FY2022 2Q FY2021 2Q FY2022 Revenue higher due to
Slide 11: 2Q FY2022 Financials: PAT
Enhancing Value FINANCIAL UPDATES 2Q FY2022 FINANCIALS 87% 8% 61,235 45,674 50,000 42,321 50,000 32,803 0 0 2Q FY2021 2Q FY2022 2Q FY2021 2Q FY2022 PAT (Malaysian Operations) Improved performance of excluding EcoWorld International, Malaysian Operations sustained grew by 87% PAT growth despite EWI l
Slide 12: Future Revenue as at Apr 2022
Enhancing Value FUTURE REVENUE AS AT 30 APR 2022 EcoWorld Future revenue from locked-in sales Malaysia remains high RM3.6 B + RM3.9 billion EcoWorld This provides: International 1) Clear earnings visibility RM0.3 B 2) Strong cash-flow certainty
Slide 13: Improving Balance Sheet
Enhancing Value IMPROVING BALANCE SHEET AS AT 30 APR 2022 RM mil RM / times 4,500 0.9 Balance sheet continues to strengthen: 4,000 0.77 0.8 0.70 3,500 0.7 • Lower net borrowings to RM1.7 billion 0.62 as at 30 Apr 2022 3,000 0.6 2,500 0.44 0.5 • Reduction of Net Gearing ratio to 0.36 2,000 0.36 0.4 t
Slide 14: Commitment to Dividend Payment
Enhancing Value COMMITMENT TO DIVIDEND PAYMENT 2Q FY2022 FINANCIALS Stronger Balance Sheet & improved gearing position enabled dividend payments to continue in FY2022 2 sen Dividend Per Share Dividend Payout (sen) (RM’mil) 2021 2022 2021 2022 interim dividend 1H 2.00 2.00 58.9 58.9 declared in 2Q FY
Slide 15: Conclusion
| Enhancing Value CONCLUSION ECOWorLD /j'CREATE
Slide 16: Summary
Enhancing Value SUMMARY EcoWorld Malaysia • On track to achieve RM3.5 billion sales target for FY2022 • Focus on Enhancing Value for all stakeholders: o Amplify value creation for customers to improve profitability to reward shareholders o Extend life of valuable matured landbank for sustained futur
Slide 17: EcoWorld: Creating Tomorrow & Beyond
ECOWorLD | [OCRENTE CREATING TOMORROW & BEYOND. ,
Eco World Development Group Berhad — Q2 FY2022 Earnings Presentation on 6ix