Eco World Development Group Bhd. · MYX:ECOWLD
Eco World Development Group Bhd — 1Q FY2022 Earnings Presentation
21 slides from Eco World Development Group Bhd's earnings presentation, March 2022
Slide 1: 1Q FY2022 Corporate Presentation
1Q FY2022 Corporate Presentation March 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 RM3.5 B Sales target set for FY2022 Focus on Enhancing Value for shareholders with aim to further improve profitability by introducing new products with higher margins
Slide 4: Sales Achieved
Enhancing Value SALES ACHIEVED SALES MOMENTUM CONTINUE TO SUSTAIN RM’million 40% 1,400 1,200 1,316 1,276 36% 1,000 911 of FY2022 851 Sales Target 800 706 650 600 400 1,448 200 units sold as at Feb 2022 - 1Q FY2021 2Q FY2021 3Q FY2021 4Q FY2021 Nov 2020 - Feb Nov 2021 - Feb 2021 2022
Slide 5: Sales Performance by Region
Enhancing Value SALES PERFORMANCE BY REGION FEB 2022 VS FEB 2021 1,000 4% 450 194% 350 110% 900 400 300 800 350 700 300 250 600 250 200 500 200 150 400 300 685 709 150 315 252 100 200 100 50 107 50 120 100 0 0 0 2021 2022 2021 2022 2021 2022 Eco Central Eco South Eco North As at Feb 2021 As at Feb 2
Slide 6: Sales Performance by Product Type
Enhancing Value SALES PERFORMANCE BY PRODUCT TYPE FEB 2022 VS FEB 2021 Strong boost to sales contributed by: 40% 180 44% • Launches of new residential & commercial 1,200 160 phases at various townships – Eco Majestic, Eco 1,000 140 120 Grandeur, Eco Botanic 2, Eco Spring & Eco 800 100 Horizon 600 80
Slide 7: New Launches in FY2022
Enhancing Value NEW LAUNCHES IN FY2022 POSITIVE RESPONSE ON LATEST LAUNCHES OF HIGHER-END PRODUCTS Eco Majestic Stoneridge - Bungalow >RM2.1 mil, Semi-D >RM1.4 mil Cheerywood - Double Storey Terraces >RM600k Eco Horizon Beldon - Bungalow >RM2.0 mil, Semi-D >RM1.4 mil Camdon - Garden Home >RM768k Eco
Slide 8: Financial Updates
Enhancing Value FINANCIAL UPDATES
Slide 9: 1Q FY2022 Financials
Enhancing Value FINANCIAL UPDATES 1Q FY2022 FINANCIALS 5% 46% 107% 600,000 507,353 533,423 28,839 21,856 550,000 500,000 450,000 19,709 400,000 350,000 300,000 250,000 200,000 150,000 100,000 50,000 0 0 -5,000 -1,560 1Q FY2021 1Q FY2022 1Q FY2021 1Q FY2022 1Q FY2021 1Q FY2022 Revenue higher due to h
Slide 10: 1Q FY2022 Financials (PAT)
Enhancing Value FINANCIAL UPDATES 1Q FY2022 FINANCIALS 1% 60% 62,434 63,364 64,924 50,000 50,000 40,578 0 0 1Q FY2021 1Q FY2022 1Q FY2021 1Q FY2022 PAT higher despite EWI losses due PAT (Malaysian Operations) to improved performance of excluding EcoWorld International, Malaysian subsidiaries and JVs
Slide 11: Future Revenue
Enhancing Value FUTURE REVENUE AS AT 31 JAN 2022 Future revenue from locked-in sales EcoWorld Malaysia remains high RM3.5 B + RM3.9 billion increased from RM3.5 billion as at 31 Oct 2021 EcoWorld This provides: International 1) Clear earnings visibility RM0.4 B 2) Strong cash-flow certainty
Slide 12: Improving Balance Sheet
Enhancing Value IMPROVING BALANCE SHEET AS AT 31 JAN 2022 RM mil RM / times 4,500 0.9 4,000 0.77 0.8 Balance sheet continues to strengthen: 0.70 3,500 0.7 0.62 • Lower net borrowings to RM1.9 3,000 0.6 billion as at 31 Jan 2022 2,500 0.44 0.5 0.4 • Reduction of Net Gearing ratio to 2,000 0.4 3,832 3
Slide 13: ESG Updates
| Enhancing Value ESG UPDATES ECOWorLD /j'CREATE
Slide 14: Sustainability is at the heart of EcoWorld's Vision
Sustainability is at the heart of EcoWorld’s Vision of CREATING TOMORROW AND BEYOND
Slide 15: Sustainability is the #1 Core Value of the EcoWorld Brand
Sustainability is the #1 Core Value of the EcoWorld Brand Not just about being green, but in everything we do, we consider the longevity of the positive impact we make on the world
Slide 16: DNA
D N A
Slide 17: Highlights of 2021 Sustainability Report
Enhancing Value HIGHLIGHTS OF 2021 SUSTAINABILITY REPORT GREEN EFFORTS TO REDUCE CARBON FOOTPRINT Open green spaces currently comprises 22% >75,000 trees & of development area 8.5 million shrubs planted 70% projects have received green certification Carbon study >3,000 trees - est. 1,008 tonnes CO2
Slide 18: Recent ESG Updates
Enhancing Value RECENT ESG UPDATES NATIONAL LEVEL AWARD WINNING DRAGONFLY PARK @ ECO GRANDEUR Eco Grandeur’s Dragonfly Park was awarded with the Rosa-Sinensis Award by National Landscape Department on 5 March 2022 The Rosa-Sinensis Award is awarded to local authorities, government agencies and devel
Slide 19: Conclusion
| Enhancing Value CONCLUSION ECOWorLD /j'CREATE
Slide 20: 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 Higher profit margin & higher profitability to reward shareholders o Extend life of valuable matured landbank for sustained future growth • Opening
Slide 21: EcoWorld - Creating Tomorrow & Beyond
ECOWorLD | [OCRENTE CREATING TOMORROW & BEYOND. ,
Eco World Development Group Berhad — 1Q FY2022 Earnings Presentation on 6ix