Eco World Development Group Bhd. · MYX:ECOWLD
Eco World Development Group Bhd — Q1 FY2021 Earnings Presentation
11 slides from Eco World Development Group Bhd's earnings presentation, March 2021
Slide 1: 1Q FY2021 Results & Briefing
1Q FY2021 R E S U LT S & B R I E F I N G March 2021
Slide 2: 1Q FY2021 Financial Results
1Q FY2021 FINANCIAL RESULTS
Slide 3: 1Q FY2021 Financials
ECOWORLD MALAYSIA 1Q FY2021 FINANCIALS RM’000 Q1 FY2021 Q1 FY2020 YoY YoY (Restated) Changes % • Profit After Tax in 1Q 2021 increased by 71% to Revenue 507,353 537,945 (30,592) -5.7% RM62.4 million as compared to 1Q 2020. Cost of Sales (406,305) (432,299) 25,994 6.0% Gross Profit • Share of results
Slide 4: Strong Sales Momentum
ECOWORLD MALAYSIA STRONG SALES MOMENTUM Sales Breakdown by Quarter • RM2.88 billion sales achieved over the 1Q 2020 305 last 10 months – among the highest ever achieved by the Group in a similar period even in the pre-Covid era 2Q 2020 28 • RM706 million in sales in 1Q 2021 – more than double the RM
Slide 5: Balance Sheet Strengthened
ECOWORLD MALAYSIA BALANCE SHEET STRENGTHENED RM’000 • Gearing level has been trending down 4,000 0.90 consistently for the last 8 quarters since the 3,500 0.80 start of FY2019 0.77 0.79 0.78 0.70 3,000 0.75 0.71 0.69 0.68 0.60 • Total borrowings reduced substantially due to 2,500 0.64 0.62 0.55 0.50
Slide 6: Development Updates
DEVELOPMENT UPDATES
Slide 7: Solid Demand: Eco Business Parks
Eco Business Park Segment Landbank 1,762 acres Total GDV RM9.45billion Cumulative Sales RM2.23 billion Remaining GDV RM7.22 billion SOLID DEMAND Eco Business Parks RM107 million sold in 4 months / Continued strong demand from local industrialists particularly those involved in the ware-housing, logi
Slide 8: BBCC: Where Exciting Things Await
WHERE EXCITING THINGS AWAIT BBCC SWNK HOUZE integrated development a visionary, state-of-the-art inner-city regeneration project & masterpiece in the making / strategically situated on sizeable 19.4 - acre parcel at the heart of Kuala Lumpur’s Golden Triangle / Handing over in 2021: • Mitsui Lalapor
Slide 9: Conclusion
CONCLUSION
Slide 10: Outlook for FY2021
ECOWORLD MALAYSIA OUTLOOK FOR FY2021 • Good start to financial year with RM911 million sales achieved in 1st four months and 71% increase in Profit After Tax recorded as compared to 1Q 2020 • EcoWorld Malaysia is well on track to achieve the sales target of RM2.875 billion set for FY2021 • High leve
Slide 11: Thank You
THANK YOU ECOWorLD
Eco World Development Group — Q1 FY2021 Earnings Presentation on 6ix