Malaysia Marine & Heavy Engineering Holdings Bhd. · MYX:MHB
Malaysia Marine & Heavy Engineering Holdings Bhd — Q2 2025 Earnings Presentation
25 slides from Malaysia Marine & Heavy Engineering Holdings Bhd's earnings presentation, Aug 22, 2025
Slide 1: Quarterly Investor Relations Updates Q2 2025 Financial Results
Quarterly Investor Relations Updates Q2 2025 Financial Results 22 August 2025
Slide 2: Disclaimer
[Open] Disclaimer This Presentation is not intended to form the basis of any investment decision with respect to Malaysia Marine and Heavy Engineering Holdings Berhad (MHB). Neither this presentation nor anything contained herein shall form the basis of, or be relied upon in connection with, any con
Slide 3: Agenda
AGENDA 1 Market Environment 2 Business Highlights 3 Ongoing Projects 4 Financials 5 Environmental, Social and Governance 6 Strategic Focus
Slide 4: Market Environment
Market Environment | Q2 2025 Financial Results
Slide 5: Staying Agile in an Evolving Business Landscape
Staying Agile in an Evolving Business Landscape 1 2 Macroeconomic Uncertainties Geopolitical and Trade Tensions Slower growth, policy changes and foreign exchange Trade conflicts and uncertainty are reshaping volatility may impact investment decisions global trade flows 3 4 Persistent Supply Chain C
Slide 6: Navigating Change, Sustaining Progress: Key Industry Trends
Navigating Change, Sustaining Progress Heavy Engineering Marine Key Industry Trends Upstream Spending Sustained Momentum in Geopolitical Shifts Green Transition Rises with Caution Energy Transition Reshaping Marine Gathers Pace Opportunities Opportunities Offshore and FPSO Capital continues to flow
Slide 7: Business Highlights
Business Highlights | Q2 2025 Financial Results
Slide 8: Key Achievements and Key Financials
Key Achievements Key Financials MHB Reports Heavy Engineering Encouraging Revenue Results for First RM884.7 Half of 2025 million H o 1 n 20 24: R il l i M 1 .9 b Collaboration to develop Secured EPCIC contracts Installation of the large-scale hydrogen for the fabrication of remaining three WHPs prod
Slide 9: Ongoing Projects
Ongoing Projects | Q2 2025 Financial Results
Slide 10: EPCI Joint Development Area (JDA) Field Development Project
Completed the installation of the remaining three WHPs in June 2025 EPCI Joint Development Area (JDA) Field Development Project (Phase 6) Client & Field Operator Carigali-PTTEPI Operating Company (CPOC) Location Andalas-D Malaysia-Thailand Joint Development Area (MTJDA) Progress 97% as of June 2025
Slide 11: EPCIC Kasawari Carbon Capture & Storage (CCS) Project
EPCIC Kasawari Carbon Capture & Storage (CCS) Project Client & Field Operator PETRONAS Carigali Location SK316, Offshore Sarawak Progress 65% as of June 2025 Note: Engineering, Procurement, Construction, Installation and Commissioning (EPCIC) Page 11 Q2 2025 Financial Results |
Slide 12: ePC OSS HVDC Platform for IJmuiden Ver Alpha Project
ePC OSS HVDC Platform for IJmuiden Ver Alpha Project of TenneT’s 2GW Programme Client & Field Operator Petrofac International (UAE) LLC Location Offshore, the Netherlands Progress 8% as of June 2025 Note: - Engineering, Procurement and Construction (ePC) - Offshore Substation (OSS) - High Voltage Di
Slide 13: EPCIC of Wellhead Platforms – Irong Timur & Berantai East
EPCIC of Wellhead Platforms – Irong Timur & Berantai East Client & Field Operator Vestigo Petroleum Location Offshore, Terengganu Progress 26% as of June 2025 Note: Engineering, Procurement, Construction, Installation and Commissioning (EPCIC) Page 13 Q2 2025 Financial Results |
Slide 14: ePC OSS HVDC Platform for Nederwiek Project
ePC OSS HVDC Platform for Nederwiek 1 Project awarded in May 2024 Client & Field Operator Petrofac International (UAE) LLC Location Offshore, the Netherlands Total Weight 40,000 MT Topside: 30,000 MT Jacketiii: 10,000 MT Expected Start of Fabrication Q1 2026 Note: - Engineering, Procurement and Cons
Slide 15: EPCIC of Wellhead Platform – Kurma Manis
East Malaysia EPCIC of Wellhead Platform – Kurma Manis awarded in May 2025 Client & Field Operator Vestigo Petroleum Location Offshore, Sarawak Kurma Manis Total Weight 1,523 MT Topside: 275 MT Jacketiii: 1,248 MT Expected Start of Fabrication Q3 2025 Note: Engineering, Procurement, Construction, In
Slide 16: Notable Marine Repair Projects Delivered
Notable Marine Repair Projects Delivered Client Client MISC MISC Type of vessel Type of vessel LNG Carrier LNG Carrier Deadweight Deadweight 84,294 tonnage 83,365 tonnage Job scope Job scope Dry-docking and repair Dry-docking and repair Delivery date Delivery date SERI CAMAR 28 May 2025 SERI AYU 3 J
Slide 17: Financials
Financials | Q2 2025 Financial Results
Slide 18: MHB Reports Positive Results Despite Lower Revenue
MHB Reports Positive Results Despite Lower Revenue Revenue Operating Profit Heavy Engineering YoY RM million RM million Marine - 53% Others 1,884.5 206.0 QoQ 884.7 YoY - 5% 254.5 - 70% 453.1 93.5 431.6 1,678.5 QoQ 121.6 132.9 22.9 - 15% 630.2 28.5 13.1 15.4 310.0 320.2 68.0 11.0 28.4 17.4 1.5 0.6 2.
Slide 19: Stable & Resilient Financial Position
Figures in RM million Stable & Resilient Assets 30 June 2025 31 December 2024 Financial Position Non-Current Assets 1,860.1 1,816.6 Receivables 1,128.6 1,253.7 Fostering growth through a solid financial foundation Cash & Bank 506.5 457.6 Derivatives 3.5 - Inventories 2.7 2.6 Total 3,501.4 3,530.5 Li
Slide 20: A Robust Order Book Ensuring Sustained Business Growth
[Open] A Robust Order Book Ensuring Sustained Business Growth ORDER BOOK RM million 5,170 Heavy Engineering 6,220 6,324 99% 5,263 + Marine 2,170 1% 2021 2022 2023 2024 2025* NEW ORDER INTAKE RM million Breakthrough contracts secured across 2024 – 2025* EPC OSS HVDC platform for Nederwiek 1 Project E
Slide 21: Environmental, Social & Governance
Environmental, Social & Governance | Q2 2025 Financial Results
Slide 22: Advancing ESG Commitment Through Diverse Initiatives
Advancing ESG Commitment Through Diverse Initiatives Environment 5.0% 2,949 tCO₂e 8,186 MT emission intensity reduction carbon reduction from use hazardous waste recycled of renewable sources Social 8,597,983 48,546 RM66,000 safe man-hours without LTI total training hours community investment Govern
Slide 23: Strategic Focus
Strategic Focus | Q2 2025 Financial Results
Slide 24: Focusing on Project Delivery Excellence, High-Quality Order Book, Balanced Portfolio
Focusing on Project Delivery Excellence, a High-Quality Order Book and a DrivingBalanced Future Growth Portfolio through Project to Drive Future Delivery Excellence, a High-Quality Growth Order Book and a Balanced Portfolio 01 Ensuring every project is llen ce Ba completed on time, within budget, e
Slide 25: Thank You
THANK YOU
Malaysia Marine and Heavy Engineering Holdings Berhad — Q2 2025 Earnings Presentation on 6ix