Ioi Corporation Berhad · MYX:IOICORP

Ioi Corporation Berhad — Q4 FY2024 Earnings Presentation

20 slides from Ioi Corporation Berhad's earnings presentation, 2024

  1. Slide 1: FY2024 4th Quarter Group Results Summary

    IOI CORPORATION BERHAD FY2024 4th Quarter Group Results Summary

  2. Slide 2: Table of Contents

    Table of Contents 1. Financial results 2. Operating statistics 3. Prospects 4. Update on sustainability initiatives 1

  3. Slide 3: 1. Financial Results

    1. FINANCIAL RESULTS 2

  4. Slide 4: Profit or Loss - Qtr on Qtr

    Profit or Loss - Qtr on Qtr (in RM million) Q4 FY24 Q4 FY23 % change Revenue 2,539.6 1,950.7 30% Operating profit 341.7 191.2 79% Share of results of associates 90.7 101.9 -11% Share of results of a joint venture 0.7 0.8 -13% Profit before interest and tax 433.1 293.9 47% Net finance costs (28.9) (2

  5. Slide 5: Profit or Loss - Year-to-Date

    Profit or Loss - Year-to-Date (in RM million) YTD FY24 YTD FY23 % change 12 months 12 months Revenue 9,603.6 11,583.8 -17% Operating profit 1,180.1 1,541.2 -23% Share of results of associates 350.9 272.8 29% Share of results of a joint venture 4.3 1.5 187% Profit before interest and tax 1,535.3 1,81

  6. Slide 6: Segment Results - Qtr on Qtr

    Segment Results - Qtr on Qtr (in RM million) Q4 FY24 Q4 FY23 % change Plantation - Operating profit 264.6 173.2 53% - Associates 49.6 76.9 -36% Note 1 314.2 250.1 26% Manufacturing - Operating profit 100.4 21.6 365% - Associates 41.1 25.0 64% - Joint venture 0.7 0.8 -13% Note 2 142.2 47.4 200% Other

  7. Slide 7: Segment Results - Year to Date

    Segment Results - Year to Date (in RM million) YTD FY24 YTD FY23 % change 12 months 12 months Plantation - Operating profit 1,003.7 965.5 4% - Associates 205.6 185.8 11% Note 1 1,209.3 1,151.3 5% Manufacturing - Operating profit 179.7 602.5 -70% - Associates 145.3 87.0 67% - Joint venture 4.3 1.5 18

  8. Slide 8: Underlying PBT- Qtr on Qtr & Year-to-Date

    Underlying PBT- Qtr on Qtr & Year-to-Date (in RM million) YTD FY24 YTD FY23 % Q4 FY24 Q4 FY23 % change 12 months 12 months change Profit before tax (“PBT”) 428.5 93.1 360% 1,398.5 1,526.0 -8% Net FX translation (gain)/loss on foreign currency denominated (24.3) 171.5 nm 18.9 174.5 -89% borrowings an

  9. Slide 9: 2. Operating Statistics

    y | |S iW IOI iP 2. OPERATING STATISTICS

  10. Slide 10: Operating Statistics: Plantation (Qtr on Qtr)

    Operating Statistics: Plantation (Qtr on Qtr) % Q4 FY24 Q4 FY23 change CPO Price (RM/mt) 4,118 3,906 5% PK Price (RM/mt) 2,493 2,099 19% FFB Production (‘000 mt) 645 619 4% Average mature area (‘000 Ha) 144 143 1% FFB Yield (mt/Ha) 4.47 4.34 3% CPO Production (‘000 mt) 143 137 4% CPO extraction rate

  11. Slide 11: Operating Statistics: Plantation (Year-to-Date)

    Operating Statistics: Plantation (Year-to-Date) YTD FY24 YTD FY23 % change 12 months 12 months CPO Price (RM/mt) 3,856 4,118 -6% PK Price (RM/mt) 2,210 2,233 -1% FFB Production (‘000 mt) 2,804 2,686 4% Average mature area (‘000 Ha) 145 143 1% FFB Yield (mt/Ha) 19.34 18.66 4% CPO Production (‘000 mt)

  12. Slide 12: Operating Statistics: Resource-based Manufacturing

    Operating Statistics: Resource-based Manufacturing Sales Volume (Qtr on Qtr) % (‘000 mt) Q4 FY24 Q4 FY23 change Oleochemical 153 137 12% Refinery 342 335 2% Sales Volume (Year-to-Date) YTD FY24 YTD FY23 % (‘000 mt) 12 months 12 months change Oleochemical 596 532 12% Refinery 1,366 1,585 -14% 11

  13. Slide 13: 3. Prospects

    3. PROSPECTS 12

  14. Slide 14: Prospects

    Prospects Over the past two months, crude palm oil (“CPO”) price remains volatile. Moving forward, the anticipated better soybean harvest in the United States of America (“US”) and higher palm oil output would likely pose challenges to CPO price. Nevertheless, we expect higher demand from importing

  15. Slide 15: Prospects (cont'd)

    Prospects (cont’d) In the oleochemical sub-segment, the uncertainties surrounding global economic growth and geopolitical conflicts are expected to affect the market. However, we expect better performance for 1H FY2025 due to stock building by our European customers ahead of EUDR implementation on 3

  16. Slide 16: 4. Update on Sustainability Initiatives

    4. UPDATE'S ON SUSTAINABILITY INITIATIVES 15

  17. Slide 17: Update on Policies, Regulations and Initiatives

    Update on Policies, Regulations and Initiatives IOI Sustainability EU Deforestation Sustainability Initiatives Policy (SP) previously Regulation ▪ IOI ESG Platform to manage known as Sustainable our ESG data ▪ Moratorium on Palm Oil Policy to reflect: ▪ Biodiversity, Ecosystems & deforestation since

  18. Slide 18: Climate Change Action initiative (CCAi)

    Climate Change Action initiative (CCAi) IOI’s holistic Climate Transition Action Plan for 2024 to achieve our decarbonization targets. Nature based Solution • Undertake carbon sequestration accounting and monitoring of IOI’s conservation set asides like riparian & buffer areas, peatland, etc • Furth

  19. Slide 19: Global Assessments, Ratings & Indices

    Global Assessments, Ratings & Indices FTSE4Good Score: Remains 3.6 Gold Gold Governance Score: 5.0 Forest : B ESG Rating : BBB ESG Score: C- to C Water Security & Climate: C (AAA to CCC) (1) Rank in sector – Food Emerging Market S&P Global Corporate Sustainability Assessment ESG Score : 24.7 to 21.9

  20. Slide 20: Thank you

    Apa» iF IOI GROUP Thank you

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