Drb-hicom Bhd. · MYX:DRBHCOM
Drb-hicom Bhd — Q4 2023 Earnings Presentation
23 slides from Drb-hicom Bhd's earnings presentation, February 2024
Slide 1: 4Q2023 Financial Results
4Q2023 Financial Results Quarter Ended 31 December 2023
Slide 2: Disclaimer
Disclaimer This presentation is not and does not constitute an offer, invitation, solicitation or recommendation to subscribe for, or purchase, any securities and neither this presentation nor anything contained in it shall form the basis of, or be relied on in connection with any contract or commit
Slide 3: Table of Content
Table of Content 01 Business Overview 02 Financial Performance 03 Operational Highlights 04 Key Focus on ESG 4Q2023 Financial Results 3
Slide 4: Key Financial Ratio
Key Financial Ratio For the financial year ended 31 December 2023 Revenue PBT PATANCI Total Assets RM15.9 billion RM446.9 million RM238.9 million RM58.6 billion (FY2022 :RM15.5 billion) (FY2022 :RM410.0 million) (FY2022 :RM187.7 million) (FY2022 :RM51.5 billion) Market Net Assets Per Borrowings Gear
Slide 5: Group Key Highlights
Group Key Highlights Continuous recovery amidst challenging environment The Group’s registered revenue of RM15.9 billion in FY2023 as Revenue compared to RM15.5 billion in FY2022 driven largely by improved performance in the Automotive and Banking sectors PBT improved 9% YoY or RM446.9 million in FY
Slide 6: Table of Content
Table of Content 01 Business Overview 02 Financial Performance 03 Operational Highlights 04 Key Focus on ESG
Slide 7: Group Financial Performance
Group Financial Performance Resilient performance amidst challenging business landscape 15,850.5 15,512.0 Revenue QoQ (4Q2023 vs 3Q2023) RM million ➢ Slightly lower revenue in 4Q2023 mainly from Automotive sector due to stiff competition in the market 4,347.6 3,996.2 YoY (2023 vs 2022) 3,769.3 ➢ Hig
Slide 8: Revenue
Revenue Breakdown by Sector 4Q2023 3Q2023 4Q2022 FY2023 FY2022 RM million Automotive 2,576.8 2,886.0 3,079.9 11,337.2 11,086.5 Aerospace & Defence 217.4 158.0 334.7 688.2 874.9 Postal 261.4 265.0 274.5 1,072.8 1,232.8 Banking 456.1 453.3 346.0 1,716.2 1,268.3 Services 223.6 204.9 189.3 833.6 734.8 P
Slide 9: PBT
PBT Breakdown by Sector RM million 4Q2023 3Q2023 4Q2022 FY2023 FY2022 Automotive 154.9 161.2 152.5 679.6 578.1 Aerospace (10.9) 0.6 59.3 (11.7) 76.4 and Defence Postal (83.8) (30.6) (141.5) (193.5) (227.4) Banking 73.5 64.9 41.9 244.6 257.2 Services (34.3) (6.1) (42.3) (1.7) (23.4) Properties (4.5)
Slide 10: Balance Sheet Management
Balance Sheet Management For the financial year ended 31 December 2023 Total Assets 31 December 2023 31 December 2022 Δ Property, Plant & Equipment 5.2 5.3 -1.2% Banking Related Assets 38.0 30.6 +24.4% Inventories 4.5 4.6 -0.7% Cash & Bank Balances 2.0 2.2 -7.5% Trade & Other Receivables 4.3 4.8 -10
Slide 11: Table of Content
Table of Content 01 Business Overview 02 Financial Performance 03 Operational Highlights 04 Key Focus on ESG
Slide 12: Operational Highlights : Automotive
Operational Highlights : Automotive PROTON, Automotive Distribution (“AD”) and Manufacturing & Engineering (“M&E”) 11,337.2 11,086.5 Revenue Contribution to the Group: Automotive FY2023 910.1 761.7 1,550.8 1,438.3 2,576.8 2,886.0 3,079.9 221.6 RM million 276.4 229.8 370.5 PROTON 404.0 381.0 8,876.3
Slide 13: Sales Performance by DRB-HICOM Marques
Sales Performance by DRB-HICOM Marques Total overall sales volume increase to 269,665 units or 33.7% market share in line with growing Malaysia TIV 269,665 (FY2022: 256,148 units) total units sold in FY2023 Sales Performance by Marques (units) 16,908 15,756 FY2023 56.0% 21,719 FY2022 PROTON 24,017 8
Slide 14: PROTON Ended 2023 with Best Sales Performance
PROTON Ended 2023 with Best Sales Performance Sold 154,611 units in 2023, achieved fifth consecutive year of sales growth Sales Growth Units Sold FY2023 : 154,611 units FY2022 : 141,432 units Note : Includes export volume 5 Years Sales Performance Unit 154,611 141,432 70,184 114,708 109,716 100,821
Slide 15: Operational Highlights : Aerospace & Defence
Operational Highlights : Aerospace & Defence CTRM & DEFTECH 874.9 Revenue Contribution to the Group: Aerospace & Defence FY2023 688.2 314.8 83.2 Aerospace & Defence 4.3% 334.7 RM million 217.4 158.0 DEFTECH 45.1 170.5 605.0 560.1 18.5 CTRM RM 688.2 million 172.3 139.5 164.2 4Q2023 3Q2023 4Q2022 FY20
Slide 16: Operational Highlights : Postal
Operational Highlights : Postal Pos Malaysia Revenue Contribution to the Group: Postal FY2023 Postal 6.8% 1,232.8 1,072.8 RM million 274.5 RM 1,072.8 million 261.4 265.0 4Q2023 3Q2023 4Q2022 FY2023 FY2022 ✓ Postal sector registered lower revenue of RM1,072.8 million in FY2023 compared to RM1,232.8 m
Slide 17: Operational Highlights : Banking
Operational Highlights : Banking Bank Muamalat Revenue Contribution to the Group: Banking FY2023 Banking 10.8% 1,716.2 RM million 1,268.3 456.1 453.3 346.0 RM 1.7 billion 4Q2023 3Q2023 4Q2022 FY2023 FY2022 Banking sector registered higher revenue of RM1.7 billion in FY2023 compared to RM1.3 billion
Slide 18: Operational Highlights : Services
Operational Highlights : Services PUSPAKOM, DRB-HICOM University, Pos Aviation, Pos Logistics and others Revenue Contribution to the Group: 833.6 Services FY2023 734.8 178.1 140.3 194.8 Services 188.2 5.3% 223.6 204.9 189.3 45.0 39.7 41.8 Others & Education 52.6 291.2 RM million 47.6 242.1 46.7 Logi
Slide 19: Operational Highlights : Properties
Operational Highlights : Properties Property Concession and Property Development Revenue Contribution to the Group: Properties FY2023 Properties 1.3% RM million 314.7 202.5 RM 202.5 million 123.2 34.0 29.0 4Q2023 3Q2023 4Q2022 FY2023 FY2022 Properties sector registered lower revenue of RM202.5 milli
Slide 20: Table of Content
Table of Content 01 Business Overview 02 Financial Performance 03 Operational Highlights 04 Key Focus on ESG
Slide 21: Group Key Focus on Environmental, Social and Governance (ESG)
Group Key Focus on Environmental, Social and Governance (“ESG”) Promoting sustainable development & profitable growth in the long term LONG-TERM ESG TARGETS FY2023 TARGET ENVIRONMENTAL SOCIAL GOVERNANCE Group-wide Renewable Energy (RE) Mix • Female representation of at least 30% Achieving 20% renewa
Slide 22: Group ESG Progress for 4Q2023
Group ESG Progress for 4Q2023 Key indicators of each pillar represent the corporate sustainability targets of the Group ENVIRONMENTAL SOCIAL GOVERNANCE Efficient use of natural resources and Compliance to labour standards and Integration of sustainability and minimising carbon footprint respecting h
Slide 23: Thank You
Thank You INVESTOR RELATIONS Level 5, Wisma DRB-HICOM Jalan Usahawan U1/8 40150 Shah Alam, Selangor +603 2052 8194 / 8157 invest@drb-hicom.com