Slide 1: 3Q & 9M 2024 Results Presentation
3Q & 9M 2024 Results Presentation 29 October 2024 DELIGHTING PEOPLE WITH SMARTER SOLUTIONS
Slide 2: Note on Forward-Looking Statements
Note on Forward-Looking Statements This presentation may contain certain forward-looking statements including, but not limited to, statements as to future operating results and plans. These statements are based on our assumptions and estimates and are subject to known and unknown risks and uncertain
Slide 3: 3Q & 9M 2024 Results
3Q & 9M 2024 Results Performance Review Outlook & Order Book Awards & Accolades Key Developments DELIGHTING PEOPLE WITH SMARTER SOLUTIONS
Slide 4: Performance Review
Performance Review DELIGHTING PEOPLE WITH SMARTER SOLUTIONS
Slide 5: 3Q 2024 & 9M 2024 Financial Highlights
Performance Review 3Q 2024 & 9M 2024 Financial Highlights ▪ Achieved 3Q and 9M 2024 revenue of $166.7 million and $539.9 million, respectively ▪ Delivered 3Q and 9M 2024 net profit of $13.7 million and $60.4 million, respectively ▪ Strong net cash position of $269.8 million as at 30 September 20241
Slide 6: 9M 2024 Performance Highlights
Performance Review 9M 2024 REVENUE NET PROFIT NET MARGIN Performance Highlights $539.9 $60.4 11.2% Million Million Recorded 9M 2024 Recorded net profit of Stable net profit margin revenue of $539.9 million, $60.4 million for 9M 2024, for 9M 2024. lower by 19.7% YoY due to a decline of 18.2% YoY. The
Slide 7: 3Q 2024 Financial Performance Summary
Performance Review 3Q 2024 Financial Performance Summary $ Million 3Q 2024 3Q 2023 % Change Revenue 166.7 283.4 (41.2) EBITDA 18.3 46.2 (60.4) Profit Before Tax 15.7 43.7 (64.1) 13.7 PBT Margin (%) 9.4 15.4 - Net Profit of $ Income Tax Expense Effective Tax Rate (%) (2.0) 12.7 (12.9) 13.8 (84.5) - M
Slide 8: 9M 2024 Financial Performance Summary
Performance Review 9M 2024 Financial $ Million 9M 2024 9M 2023 % Change Performance Summary Revenue 539.9 672.0 (19.7) EBITDA 78.1 101.9 (23.4) Profit Before Tax 70.3 94.8 (25.8) PBT Margin (%) 13.0 14.1 - $ 60.4 4.4% Income Tax Expense (9.9) (21.0) (52.9) Net Profit of Effective Tax Rate (%) 14.1 1
Slide 9: 9M 2024 Healthy Net Cash Position
Performance Review 9M 2024 $89.9 Healthy Net Cash Position Million NET CASH FROM OPERATING ACTIVITIES Continued to generate strong net cash from operating activities with improved working capital. Net cash from operating activities increased by 83.1% YoY from $49.1 million for $269.8 9M 2023 to $89.
Slide 10: Balance Sheet Summary
Performance Review Balance Sheet Summary ($ Million) 30 September 2024 31 December 2023 ($ Million) 9M 2024 Cash & Bank Balances 287.6 231.4 Cash Flow From Operating Activities 89.9 Short-term Investments - 40.6 Lease Liabilities (3.2) (4.9) Less Capital Expenditure (3.2) Total Bank Borrowings (14.6
Slide 11: Key Developments
Key Developments DELIGHTING PEOPLE WITH SMARTER SOLUTIONS
Slide 12: Digital Transformation to Drive Operational Efficiency & Excellence
3Q 2024 Key Developments Digital Transformation to Drive Operational Efficiency & Excellence ▪ Successfully implemented Manufacturing Execution System (“MES”) to automate workflow at SMT lines in our manufacturing facilities. ▪ Progressively integrating MES, EDI and ERP systems to improve operationa
Slide 13: Facility @ Pasir Gudang, Johor, Malaysia
3Q 2024 Key Developments Facility @ Pasir Gudang, Johor, Malaysia ▪ Completed the installation of plastic injection machines. - Starting mass production from 4Q 2024. ▪ Obtained ISO 13485 certification to manufacture electronic and plastic components and subassemblies for medical devices. - Enable d
Slide 14: New Product Activities
3Q 2024 Key Developments New Product Activities ▪ Higher new product activities with increased customer engagement. -expanded NPI* portfolio with a total of 10 new products in the communication, consumer, health-tech and industrial segments, some of which are scheduled for commercial production from
Slide 15: Awards & Accolades
Awards & Accolades DELIGHTING PEOPLE WITH SMARTER SOLUTIONS
Slide 16: Strive for Excellence – Added 5 Accolades during 3Q 2024
Awards & Accolades Strive for Excellence – Added 5 Accolades during 3Q 2024 ▪ SIAS Investors’ Choice Awards 2024 -Singapore Corporate Sustainability Award (Mid Cap Category) ▪ SIAS Investors’ Choice Awards 2024 -Most Transparent Company Award (Technology Category) ▪ Singapore’s Best Managed Companie
Slide 17: Outlook & Order Book
Outlook & Order Book DELIGHTING PEOPLE WITH SMARTER SOLUTIONS
Slide 18: Outlook & Order Book
Outlook & Order Book As of 1 October 2024, the Group secured an order book totalling $142 million. Majority of the orders are scheduled for completion in the current financial year. With the lower order book, the Group expects a slower 4Q 2024. The Group will continue with stringent cost management.
Slide 19: Thank You
Thank You DELIGHTING PEOPLE WITH SMARTER SOLUTIONS