Slide 1: Corporate Presentation: 1H19 Corporate Update & Financial Results
(Company No.: 7867-P) Powered by Twin Engines Corporate Presentation 1H19 Corporate Update & Financial Results 19 March 2019 IR Adviser
Slide 2: Financial Performance
Powered by Twin Engines FINANCIAL PERFORMANCE
Slide 3: Revenue Performance
Operations Review Growth Strategies Financial Highlights Investment Merits Appendix Recorded double-digit revenue growth in 1H19… driven by higher contribution from manufacturing division 1H19 revenue growth driven by increased contribution Revenue from manufacturing division on higher sales volum
Slide 4: Profit Performance
Operations Review Growth Strategies Financial Highlights Investment Merits Appendix Marginal increase in first half operating profit due to timing of project recognition in property development segment… recorded strong growth in 2Q19 1H19 operating profit increased marginally due to: Operating pro
Slide 5: Cash Flow
Operations Review Growth Strategies Financial Highlights Investment Merits Appendix Annual 0perating cash flow of more than RM300 million.. Net cash from operations Net cash used RM’m in investing activities 1H18 1H19 380 392 323 230 192 177 154 FY14 FY15 FY16 FY17 FY18 1H18 1H19 Cash Flow 5
Slide 6: Income Statement Summary
Operations Review Growth Strategies Financial Highlights Investment Merits Appendix Achieved best ever quarterly revenue.. quarterly profit resumes uptrend 2Q19 2Q18 Change RM'mil 1H19 1H18 Change Remarks 766.6 630.7 21.5% Revenue 1,480.2 1,285.7 15.1% 103.9 84.9 22.3% Operating Profit 179.5 178.2 0
Slide 7: Balance Sheet (Highlights)
Operations Review Growth Strategies Financial Highlights Investment Merits Appendix Strong operational cashflow to contribute towards reduced gearing and fund future plans… As at As at Balance Sheet (RM ‘000) Remarks 31.1.2019 31.7.2018 Property, Plant & Equipment 1,130,873 1,150,608 Investment Prop
Slide 8: Manufacturing Review
Powered by Twin Engines MANUFACTURING REVIEW
Slide 9: Segment Performance: Manufacturing
Operations Review Growth Strategies Financial Highlights Investment Merits Appendix Manufacturing segment recording double-digit growth… recording higher sales to export and domestic markets Revenue Operating Revenue Operating Profit Profit (by geography) RM’m RM’m Operating Profit Margin Overseas M
Slide 10: Growth Plans: Manufacturing
Operations Review Growth Strategies Financial Highlights Investment Merits Appendix Long term growth supported by expanded manufacturing capacity… Revenue Operating Profit (Quarterly) (Quarterly) 379.7 411.9 442.8 435.3 469.1 456.4 452.1 527.0 575.8 549.0 23.8 30.2 25.2 18.8 34.7 31.6 34.3 26.3 35.8
Slide 11: Growth Plans: Manufacturing (Daibochi acquisition)
Operations Review Growth Strategies Growth Strategies Financial Highlights Investment Merits Appendix Acquired controlling stake in Daibochi Berhad… poised to capture synergies To capture Synergies Opportunities for technology, expertise, and resource sharing to enhance operating efficiency and
Slide 12: Growth Strategies: Manufacturing
Operations Review Growth Strategies Growth Strategies Financial Highlights Investment Merits Appendix Synergistic production capabilities and continued innovation through R&D… increasing utilization rate and pursuing sustainability goals • Growth supported by 18 manufacturing • Adopting robotic auto
Slide 13: Property Development Review
Powered by Twin Engines PROPERTY DEVELOPMENT REVIEW
Slide 14: Segment Performance: Property Development
Operations Review Growth Strategies Financial Highlights Investment Merits Appendix Group continues to see resilient demand for affordable homes… strong growth in 2Q19 offset project recognition delays in 1Q19 Revenue Operating Profit Operating Profit (Annual) RM’m (Annual) Operating Margin RM500m G
Slide 15: Operations Review: Property Development
Operations Review Growth Strategies Financial Highlights Investment Merits Appendix Scientex Rawang marked the Group’s first venture in Klang Valley… vast growth opportunities for new affordable housing 2-storey terrace houses 2-storey semi-d houses Launched first Klang Valley project in Rawang, Sel
Slide 16: Growth Plans: Property Development
Operations Review Growth Strategies Financial Highlights Investment Merits Appendix Aggressive landbanking in Peninsular Malaysia in line with Scientex’s cross border growth strategy… sufficient landbank to sustain Group for more than 10 years Notable land acquisitions Location: Rawang, Selangor Loc
Slide 17: Growth Strategies: Property Development
Operations Review Growth Strategies Financial Highlights Investment Merits Appendix Property segment aims to capture vast demand for affordable homes in Malaysia… Vision 2028 Growth Strategies To deliver 50,000 affordable Focused on affordable housing homes to the public by 2028 developments C
Slide 18: Investment Merits
Powered by Twin Engines INVESTMENT MERITS
Slide 19: Investment Merits
Operations Review Growth Strategies Financial Highlights Investment Merits Appendix A high-growth proposition all-round... attractive proxy to the burgeoning packaging sector and Malaysia’s affordable property market Regional leader in total solutions for packaging •Among top producers of FPP in the
Slide 20: Dividend History
Operations Review Growth Strategies Financial Highlights Investment Merits Appendix Proposed final dividend of 10 sen per share to constitute 33.7% payout… in line minimum 30% net profit dividend policy RM’mil 74.0% Dividend History 49.2% 48.0% 49.8% 52.1% 36.6% 36.1% 33.4% 35.9% 31.4% 28.7% 28.8% 3
Slide 21: Thank You
Powered by Twin Engines Thank You Contacts: • Ms. Choo Pooi Luen plchoo@scientex.com.my T: 03-5524 8888/03-5519 1325 • Ms. Julia Pong julia@aquilas.com.my T: 03-2711 1391