Drb-hicom Bhd. · MYX:DRBHCOM
Drb-hicom Bhd — Q1 2024 Earnings Presentation
22 slides from Drb-hicom Bhd's earnings presentation, May 2024
Slide 1: 1Q 2024 Financial Results
1Q 2024 Financial Results Quarter Ended 31 March 2024
Slide 2: Disclaimer
Disclaimer This presentation is not and does not constitute an offer, invitation, solicitation or recommendation to subscribe for, or purchase, any securities and neither this presentation nor anything contained in it shall form the basis of, or be relied on in connection with any contract or commit
Slide 3: Table of Content
01 Group Key Highlights 02 Financial Performance TABLE OF CONTENT 03 Operational Highlights 04 ESG
Slide 4: Group Key Highlights
JAE Group Key Highlights
Slide 5: Group Key Highlights
Group Key Highlights 1Q2024 recorded positive growth despite on-going challenges Revenue RM billion Key Contributors to the Topline +5.6% The Group recorded revenue of RM4.3 billion or 5.6% growth YoY compared to RM4.1 billion in the corresponding quarter Automotive 4.3 The improvement in the 1Q2024
Slide 6: Financial Performance
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Slide 7: Revenue Breakdown by Sector
Revenue Breakdown by Sector Automotive Aerospace and Defence Postal RM million RM million RM million 3,047.8 3,024.4 2,576.8 217.4 291.2 261.4 278.4 187.8 168.6 1Q2024 4Q2023 1Q2023 1Q2024 4Q2023 1Q2023 1Q2024 4Q2023 1Q2023 Banking Services Properties RM million RM million RM million 510.4 456.1 379
Slide 8: PBT Breakdown by Sector
PBT Breakdown by Sector RM million 1Q2024 4Q2023 1Q2023 Automotive 181.7 154.9 230.3 Aerospace and Defence 11.8 (10.9) 5.4 Postal (24.1) (83.8) (37.3) Banking 60.5 73.5 43.2 Services 19.0 (34.3) 25.5 Properties 23.3 (4.5) (11.3) Investment Holding and Others (61.4) (49.2) (55.0) TOTAL 210.8 45.7 200
Slide 9: Balance Sheet Management
Balance Sheet Management For the financial period ended 31 March 2024 Total Assets 31 March 2024 31 December 2023 Δ Property, Plant & Equipment 5.1 5.2 -1.9% Banking Related Assets 38.4 38.0 +1.1% Inventories 4.3 4.5 -4.4% Cash & Bank Balances 2.3 2.0 +15.0% Trade & Other Receivables 4.2 4.3 -2.3% O
Slide 10: Operational Highlight
— 7 ‘Y > Operational Highlight
Slide 11: Operational Highlights: Automotive
Operational Highlights: Automotive PROTON, Automotive Distribution (“AD”) and Manufacturing & Engineering (“M&E”) Revenue 70% Contribution to the Group’s revenue RM million Automotive recorded revenue growth of 3,047.8 3,024.4 RM3,047.8 million compared to RM3,024.4 237.3 203.9 million in the same q
Slide 12: PROTON Kick Start 1Q2024 with Market Share of 19%
PROTON Kick Start 1Q2024 with Market Share of 19% Slightly lower sales volume due to stiff competition and various sales mix Sales Volume 18,247 (1Q2024 vs. 1Q2023) Units 5,370 Units 1,534 242 Iriz Persona Exora Saga 39,150 40,287 5,444 5,828 1,065 1,420 X50 X70 X90 S70 1Q2024 1Q2023 Note : Figures
Slide 13: DRB-HICOM Automotive Market Share: 33.6% of TIV Malaysia
Units (Vehicle sold) 38,472 39,871 21,568 17,512 1Q2024 1Q2023 1Q2024 1Q2023 DRB-HICOM Automotive Market Share : 33.6% of TIV Malaysia Units (Vehicle sold) 6,182 4,014 4,483 3,341 1Q2024 1Q2023 1Q2024 1Q2023 Source: MAA Domestic Sales only Group Total Sales Volume 1Q2024: 67,864 (33.6%); 1Q2023 (inc
Slide 14: Operational Highlights: Aerospace & Defence
Operational Highlights: Aerospace & Defence CTRM & DEFTECH Revenue 4% Contribution to the Group’s revenue RM million Aerospace & Defence sector registered RM187.8 217.4 million in 1Q2024 compared to RM168.6 million in the 187.8 45.1 corresponding quarter 7.6 168.6 13.4 CTRM continued its growth mome
Slide 15: Operational Highlights: Postal
Operational Highlights: Postal Pos Malaysia Revenue 7% Contribution to the Group’s revenue RM million Postal sector recorded positive growth of RM291.2 million in 1Q2024 compared to RM278.4 million in 1Q2023 The improved performance largely attributed to 291.2 the Mail businesses project with a gove
Slide 16: Operational Highlights: Banking
Operational Highlights: Banking Bank Muamalat Revenue 12% Contribution to the Group’s revenue RM million Banking sector continued its upward trajectory of RM510.4 million in 1Q2024 compared to RM379.3 in 1Q2023 mainly due to: i. Rise in financing volume and customer base expansion ii. Higher Overnig
Slide 17: Operational Highlights: Services
Operational Highlights: Services PUSPAKOM, DRB-HICOM University, Pos Aviation, Pos Logistics and others 5% Contribution to the Group’s revenue Revenue RM million Services sector registered higher revenue of 216.6 223.6 204.4 RM216.6 million in 1Q2024 compared to RM204.4 million in 1Q2023 mainly cont
Slide 18: Operational Highlights: Properties
Operational Highlights: Properties Property Concession and Property Development 2% Contribution to the Group’s revenue Revenue RM million Properties sector increased by 63% to RM79.1 million compared to RM48.5 million in the corresponding quarter due to: i. Higher sales of industrial land by HICOM I
Slide 19: Environment, Social & Governance (ESG)
04 Environment, Social & Governance (ESG)
Slide 20: Group Key Focus on ESG
Group Key Focus on ESG Promoting sustainable development & profitable growth in the long term LONG-TERM ESG TARGETS FY2024 TARGET Environmental Social Governance Group-wide Renewable Energy (RE) Mix • Female representation of at least 30% Achieving 20% renewable energy in Zero tolerance against all
Slide 21: Group ESG Progress for 1Q2024
Group ESG Progress for 1Q2024 Key indicators of each pillar represent the corporate sustainability targets of the Group Environmental Social Governance Efficient use of natural resources and Compliance to labour standards and Integration of sustainability and minimising carbon footprint respecting h
Slide 22: Thank You
Thank You INVESTOR RELATIONS Level 5, Wisma DRB-HICOM Jalan Usahawan U1/8 40150 Shah Alam, Selangor +603 2052 8194 / 8157 / 8243 invest@drb-hicom.com