Ijm Corporation Berhad · MYX:IJM
Ijm Corporation Berhad — Q3 FY2025 Earnings Presentation
23 slides from Ijm Corporation Berhad's earnings presentation, Feb 27, 2025
Slide 1: Financial Results for the Third Quarter of Financial Year 2025
IJM CORPORATION BERHAD Financial Results for the Third Quarter of Financial Year 2025 Investor Presentation 27 February 2025
Slide 2: 3QFY25 Group Performance Review
3QFY25 Group Performance Review Group Income Statement Group Balance Sheet Divisional Performance & Key Highlights 1
Slide 3: Group Income Statement
Group Income Statement RM’mil 3QFY25 3QFY24 %∆ 9MFY25 9MFY24 %∆ Revenue 1,539.8 1,475.4 4.4 4,460.5 4,159.6 7.2 EBITDA 359.2 389.1 (7.7) 962.9 1,056.6 (8.9) Operating Profit 308.0 310.3 780.0 826.3 Finance Cost (64.3) (85.9) (213.0) (232.3) Operating Profit After Finance Cost 243.8 224.3 567.0 594.0
Slide 4: Group Balance Sheet
Group Balance Sheet RM’mil 31 Dec 24 31 Mar 24 Share Capital 6,132.4 6,132.4 Shareholders’ Funds 10,165.8 10,216.5 Total Assets 20,627.7 21,315.3 Net Assets Per Share (RM) 2.90 2.91 Total Cash 2,393.2 2,870.4 Total Borrowings (5,257.1) (5,534.3) Net Debt (2,863.9) (2,663.9) Net Debt / Shareholders’
Slide 5: Construction 3QFY25 Results
Construction 3QFY25 Results RM’mil 3QFY25 3QFY24 %∆ 9MFY25 9MFY24 %∆ Revenue 562.1 427.6 31.5 1,725.9 1,150.9 50.0 EBITDA 40.5 40.0 1.2 139.7 117.5 18.8 PBT 19.4 11.8 64.6 71.7 38.3 87.3 PBT % 3.5 2.8 4.2 3.3 Comments: Revenue for 3QFY25 and 9MFY25 increased by 31.5% and 50.0% respectively as compar
Slide 6: Construction Division - Highlights
Construction Division - Highlights TOTAL OUTSTANDING ORDER BOOK NEW ORDER BOOK RM11.5billion RM2.7billion Buildings 90% Major Contracts Secured in YTDFY25: • Maple Tree Logistic hub - RM584.3mil Outstanding Order Book IJM RM6.0 billion • Siliconware Precision Malaysia (SPIL) – Roads RM378.0mil Infra
Slide 7: Construction Division – Order Book
Construction Division – Order Book UK SINGAPORE (50%) (45.5%) Outstanding Order Book RM3.5 billion Outstanding Order Book RM2.0 billion • Brent Cross Plot 15 • The Clan • Salford New Bailey C2 • Golden Lane • 70 Anson Road • One Eastside, Birmingham • Kings Cross F1 • Rochester Park • Sackville Road
Slide 8: Property 3QFY25 Results
Property 3QFY25 Results RM’mil 3QFY25 3QFY24 %∆ 9MFY25 9MFY24 %∆ Revenue 540.6 501.4 7.8 1,288.3 1,334.6 (3.5) EBITDA 184.0 146.4 25.7 280.4 334.0 (16.0) PBT 170.6 122.5 39.2 240.7 279.9 (14.0) PBT % 31.6 24.4 18.7 21.0 Comments: Revenue and pre-tax profits for 3QFY25 increased by 7.8% and 39.2% res
Slide 9: Property Division - Highlights
Property Division - Highlights NEW SALES RECORDED RM’million 3,000 RM2.7bn* Chart Title 7% RM2.4bn* 2,500 4% 21% 11% 2,000 7% 21% 11% 9% 1,500 21% RM907mn* 1,000 56% 63% 63% 4% 500 19% 21% 56% - FY23 FY24 3QFY25 * Property sales RM1,870m * Property sales RM2,120m * Property sales RM907m Land sales R
Slide 10: Industry 3QFY25 Results
Industry 3QFY25 Results RM’mil 3QFY25 3QFY24 %∆ 9MFY25 9MFY24 %∆ Revenue 242.2 293.6 (17.5) 777.4 917.0 (15.2) EBITDA 55.8 58.3 (4.3) 176.4 173.7 1.6 PBT 43.7 44.9 (2.7) 135.6 134.1 1.1 PBT % 18.0 15.3 17.4 14.6 Comments: Revenue for 3QFY25 and 9MFY25 decreased by 17.5% and 15.2% respectively as com
Slide 11: Infrastructure - Toll 3QFY25 Results
Infrastructure - Toll 3QFY25 Results RM’mil 3QFY25 3QFY24 %∆ 9MFY25 9MFY24 %∆ Revenue 98.2 125.9 (22.0) 318.8 386.2 (17.4) EBITDA 34.9 82.0 (57.5) 166.5 243.3 (31.6) Malaysian Toll 31.7 48.1 130.8 156.7 Overseas & Other Infra 3.2 30.1 35.7 92.3 PBT (12.7) 15.7 (180.8) 0.8 51.1 (98.5) Malaysian Toll
Slide 12: Infrastructure - Port 3QFY25 Results
Infrastructure - Port 3QFY25 Results RM’mil 3QFY25 3QFY24 %∆ 9MFY25 9MFY24 %∆ Revenue 89.3 114.2 (21.8) 329.0 338.1 (2.7) EBITDA 47.2 66.6 (29.2) 187.0 196.0 (4.6) PBT 17.0 35.6 (52.2) 94.1 102.4 (8.1) Cargo Throughput (mil tons) 5.1 6.4 (2.0) 18.7 19.1 (2.1) Comments: Revenue and pre-tax profits fo
Slide 13: Appendix
Appendix New and upcoming property launches 12
Slide 14: New Launches 3QFY2025 (1 Oct to 31 Dec 2024)
New Launches 3QFY2025 (1 Oct to 31 Dec 2024) 3 projects were launched for with total GDV of RM 195 million Phase 11C @ Austin Duta Phase 2B@ Austin Duta Phase 2A@ Austin Duta 2 - Storey Terrace House 2 - Storey Terrace House 2 - Storey Terrace House No of Units : 58 No of Units : 117 No of Units : 7
Slide 15: Future Launches 4QFY25 (1 Jan to 31 March 2025)
Future Launches 4QFY25 (1 Jan to 31 March 2025) 13 projects to be launched with GDV of RM2.9 billion Utama Sentral @ Bdr Utama Ridge View @ Puchong (Phase Anthea @ IJM Rimbayu Stellaris @ Riana Dutamas 2 - Storey Shop/Office 1B) 2 - Storey Terrace House Semi-D & Super Link Serviced Apts & Retails No
Slide 16: Future Launches 4QFY25 (1 Jan to 31 March 2025)
Future Launches 4QFY25 (1 Jan to 31 March 2025) 13 projects to be launched with GDV of RM2.9 billion Suria Hill Phase 1A - Nova Phase 2 @ S2 Heights Batiq Phase 1 @ S2 Heights Lightwater Residences 2 Storey Terrace House 2 - Storey Semi-D Home Aman Condominium No. of Units : 142 No. of Units : 88 No
Slide 17: Future Launches 4QFY25 (1 Jan to 31 March 2025)
Future Launches 4QFY25 (1 Jan to 31 March 2025) 13 projects to be launched with GDV of RM2.9 billion Phase 5 @ Nasa CIty Roam @ IJM Rimbayu A1-7 ( Parcel 1 ) District 28 @ IJM Rimbayu 2 - Storey Shop Office Strata Shop & Office Business Suite Semi-D Shop & Office No. of Units : 27 No. of Units : 195
Slide 18: Future Launches 4QFY25 (1 Jan to 31 March 2025)
Future Launches 4QFY25 (1 Jan to 31 March 2025) 13 projects to be launched with GDV of RM2.9 billion Utama Crown @ Bdr Utama 2 - Storey Shop/Office No of Units : 2 GDV : RM15 mil Launch Date : March 2025 17
Slide 19: FY2026 Property Launches
FY2026 Property Launches Future launches with GDV of RM1.9 billion in the first half of FY2026 18 Suria Hill Phase 4A - Tenun @ S2 Heights Aman Austin Duta Phase 12A - Meta Residence (Phase 16A) @ 2 Storey Terrace House 2 - Storey Link Home Double Storey Semi D IJM Rimbayu No. of Units : 96 No. of U
Slide 20: FY2026 Property Launches
FY2026 Property Launches Future launches with GDV of RM1.9 billion in the first half of FY2026 IJM Bayouri Phase 4 - Esra Suria Hill Phase 1B - Rimbayu Avenue 1C @ Phase 12A @ Nasa City Residences 1 Storey Terrace House Rimbayu Indah Sandakan 2 - Storey Shop Office No of Units : 92 No. of Units : 12
Slide 21: FY2026 Property Launches
FY2026 Property Launches Future launches with GDV of RM1.9 billion in the first half of FY2026 Rimbayu Indah 2B @ Batiq Phase 2 @ S2 Heights Ikon Residences @ S2 Retail & Ridge View @ Puchong (Phase Sandakan Aman Lifestyle Condominium 5) No. of Units : 44 No. of Units : 95 No. of Units : 778 No. of
Slide 22: FY2026 Property Launches
FY2026 Property Launches Future launches with GDV of RM1.9 billion in the first half of FY2026 Halo @ RIana Star Park Utama Park Residence 3A Serviced Apartment 2-Storey Bungalow No. of Units : 864 No. of Units : 22 GDV : RM508 mil GDV : RM56 mil Launch Date : Sept 2025 Launch Date : Sept 2025 21
Slide 23: Thank You!
Thank You! www.ijm.com
IJM Corporation Berhad — Q3 FY2025 Earnings Presentation on 6ix