Ranhill Utilities Bhd. · MYX:RANHILL
Ranhill Utilities Bhd — Bursa Rise Day (September 2022)
36 slides from Ranhill Utilities Bhd's conference presentation, September 2022
Slide 1: Enriching Lives Through Sustainable Solutions
RANHILL UTILITIES BERHAD September 2022 Enriching Lives Through Sustainable Solutions
Slide 2: Agenda
Corporate Snapshot A G E N DA Business Overview & Sustainability RANHILL UTILITIES BERHAD Prospects Financials Q&A 2
Slide 3: Ranhill at a Glance
C O M PA N Y S N A P S H O T RANHILL AT A GLANCE Geographical presence • Interests in Environment, Power & Engineering – Asset Ownership & Long Term Contracts Services • Listed on the Main Market of Bursa Malaysia since 16 March 2016 Malaysia China Thailand RANHILL UTILITIES BERHAD KEY INVESTMENT HI
Slide 4: Corporate Structure
C O R P O R AT E S T R U C T U R E Ranhill Business Environment Energy Services sector RANHILL UTILITIES BERHAD Abstraction of raw Operations and Water and water, treatment Specific of water, Thailand BOT and China BOT and TOT maintenance of wastewater Network & NRW infrastructure, TOT and O&M two C
Slide 5: Geographical Presence
GEOGRAPHICAL PRESENCE • 12 wastewater treatment plants with concession period ranging from 25-30 years and design capacity of 227 MLD RANHILL UTILITIES BERHAD • 10 Wastewater and reclaimed water treatment plant with concession period ranging from 8-25 years and design treatment design capacity of 11
Slide 6: Business Overview & Sustainability
Corporate Snapshot Business Overview & Sustainability RANHILL UTILITIES BERHAD Prospects Financials Q&A 6
Slide 7: Business Overview
BUSINESS OVERVIEW Our Group’s principal activities are segmented into the following: Environment Energy Engineering Services RANHILL UTILITIES BERHAD Provide multi- Network disciplinary engineering management in various sectors and services on water- provides engineering related projects, specialisi
Slide 8: Environment
ENVIRONMENT • Provides a complete Source-to-Tap solution for the abstraction, treatment and supply of potable water: i. source to tap solution for the abstraction, treatment and supply of potable water to customer ii. Billing and collections iii. the treatment of wastewater iv. production of reclaim
Slide 9: Energy
ENERGY • The Energy Division consists of the development, ownership, operation and maintenance of two (2) Combined Cycle Gas Turbine (“CCGT”) power plants and a solar farm secured in the LSS4 tender exercise. Latest project Ranhill Powertron I Ranhill Powertron II Ranhill Solar Farm I Plant • CCGT p
Slide 10: Energy: Solar Farm Progress
E N E R G Y: S O L A R FA R M P R O G R E S S PPA COD LNTP issued NTP issued • 31 December • 1 November 2021 • June 2022 2023 PPA signed Site Clearance Completed Schedule Completion • 19 August 2021 • May 2022 • 30 September 2023 RANHILL UTILITIES BERHAD Access road to Solar Solar farm land clearing
Slide 11: Services
SERVICES • Engineering Services sector comprises the following companies: Ranhill Water Technologies Ranhill Bersekutu Ranhill Water Services Solutions provider and Engineering, PMC and Network Management O&M for potable water, EPCM of Infrastructure and NRW reduction wastewater and reclaimed sector
Slide 12: Sustainability Journey
S U S TA I N A B I L I T Y J O U R N E Y Sustainability pillars Achievements E Environmental Awareness & Preservation 25% • Long term NRW target level of 10%. NRW 8% • Carbon Neutrality by 2050. In total carbon Solar and mini- level reduction hydro to power • Increased use of solar and mini-hydro in
Slide 13: Sustainability: ESG Elements
S U S TA I N A B I L I T Y: E S G E L E M E N T S Our commitments: RANHILL UTILITIES BERHAD 100% customer Our Ranhill scores in the –Top 25% ESG Rating amongst complaints resolution achievements: PLCs in FBM Emas rate Ranhill Sustainability Pillars Environmental Contribution Inspirational Enhancing
Slide 14: FTSE4Good Index
FTSE4GOOD INDEX RANHILL UTILITIES BERHAD 100% customer complaints resolution rate Scores Higher than Country Average in Environment, Social and Governance Themes – Maximum Score in Labour Standards, Anti Corruption & Corporate Governance : 5.0 of 5.0 1 4
Slide 15: Circular Economy Model
CIRCULAR ECONOMY MODEL • Long-term sustainability CIRCULAR ECONOMY MODEL Ø Premised on a triple-bottom line; people, planet and profit Ø Goes beyond traditional profit oriented approach Ø At Ranhill, implementation is reflected via our reclaim wastewater and water loss reduction RANHILL UTILITIES BE
Slide 16: Circular Economy Model: Zero Discharge
CIRCULAR ECONOMY MODEL • Zero Discharge Producing zero waste and reclaim or recycling resources used in a complete cycle. RANHILL UTILITIES BERHAD Comply with laws and requirements in the countries and able to treat the wastewater to ZERO higher than contractual standard compliance DISCHARGE Growing
Slide 17: Prospects
Corporate Snapshot Business Overview & Sustainability 17 R A N H I L L U T I L I T I E S B E R H A D Prospects Financials Q&A
Slide 18: Environment: Prospects - Djuanda Project
ENVIRONMENT: PROSPECTS Djuanda Project v A Source-to-Tap project with fixed concession period of Build- Expansion into Indonesia Operate-Transfer (“BOT”) and defined concession areas. v Aims to extract 10,000 liter per second (864 MLD) of raw water from Jatiluhur Dam and supply the treated water to
Slide 19: Environment: Prospects - Project Details
ENVIRONMENT: PROSPECTS Project Details ● End to end Source-to-Tap BOT Concession. ● Approximately 507,000 connections serving 2.8 million population. Equity Holdings of the Consortium • Ranhill holds majority stake in the Consortium 19 RANHILL UTILITIES BERHAD with 75%. • PT Varsha (5%) is the Promo
Slide 20: Environment: Prospects - Stage of Development
ENVIRONMENT: PROSPECTS We are at this Stage of Development 20 RANHILL UTILITIES BERHAD • Unsolicited Proposal made by the Consortium. • Completed the Pre-Feasibility (“Pre-FS”), Pre-FS document submitted and the Consortium received the approval from the Government of Indonesia. • Consortium had subm
Slide 21: Environment: Prospects
ENVIRONMENT: PROSPECTS v Supplies directly to the consumers – domestic and non-domestic BUT counter-party to the Agreements are local provinces’ District and State owned water supply agencies; 21 RANHILL UTILITIES BERHAD v Coordinated by Ministry of Public Works and Public Housing; v The Central Gov
Slide 22: Energy: Prospects - Renewable Energy in Water Operations
E N E RG Y: P RO S P E C T S Renewable Energy in Water Operations to Replace Fossil Fuel Energy from the National Grid In discussion with SPAN and EC to develop a 75MWac – 200MWac solar photovoltaic (“PV”) power generation plants for the sole and exclusive electricity consumption of Ranhill SAJ Sdn
Slide 23: Energy: Prospects - Electricity Consumption
E N E RG Y: P RO S P E C T S Currently, the National Grid supplies electricity our 46 Water Treatment Plants (“WTP”) with 5 different tariff categories: Ds, E1, E1s, E2s and B1 Connections at various distribution voltage levels – 33, 22, 11, 0.415 kV. 23 RANHILL UTILITIES BERHAD 46 plants Energy tra
Slide 24: Energy: Prospects - Self Consumption Framework
E N E RG Y: P RO S P E C T S Generating license and business framework from Energy Commission Solar Plant Energy from Solar Plants distributed to SAJ supplies water through TNB’s National Grid with payment of operation needs Solar Plant not generating network charges. Daytime excess Energy generated
Slide 25: Fully Renewable Geothermal Energy
E N E RG Y: P RO S P E C T S The Concept of Fully Renewable Geothermal Energy 25 RANHILL UTILITIES BERHAD How it makes electricity? ü Hot water from geothermal reservoirs produces stream of high pressure steam which is used to spin a turbine that will rotate a generator. ü Generators then produce el
Slide 26: Geothermal System
E N E RG Y: P RO S P E C T S Geothermal System Field Development – drilling, wellheads, pipeline, separators. Geothermal Power Plant – 37 MW (Phase 1) binary system with potential of up-to 150MW. Power Export – power generated (30MW) will be exported to the SESB’s grid. The thermal energy of the geo
Slide 27: Geothermal Drilling Activities Slim-Hole
E N E RG Y: P RO S P E C T S Work Activities to-date - Results of the Drilling Activities ~ Slim-Hole The success of this project will result in Malaysia’s first geothermal power plant. Set to export 30 Megawatt (MW) to the Sabah Electricity Sdn Bhd (SESB) grid under the Feed-In-Tariff (FIT) scheme
Slide 28: Services - Opportunities Ahead
SERVICES - OPPORTUNITIES AHEAD Ø The aging oil & gas infrastructure in the country require workover and rejuvenation for cost effectiveness production Ø High oil and gas prices drives Enhanced Oil recovery programme to improve production Ø The need for sustainable development of oil & gas industry i
Slide 29: Financials
Corporate Snapshot Business Overview & Sustainability 29 RANHILL UTILITIES BERHAD Prospects Financials Q&A
Slide 30: Financial Overview
F I NANCI AL OVE RVI E W Snapshot as at 30 June 2022 RM877M RM3,051M Total Assets RM2,174M Total Liabilities % Total Equity 30 RANHILL UTILITIES BERHAD RM277M 1.09x 0.31x Cash and Bank Gearing Debt-to-Asset Balances
Slide 31: Revenue by Business Segment
REVENUE BY BUSINESS SEGMENT Revenue by business segment RM (‘000) Environment Services Energy 3 5 0 ,0 0 1 ,4 0 0 ,0 0 296,839 291,712 1,179,262 3 0 ,0 0 287,429 1 ,2 0 0 ,0 0 1,159,001 31 RANHILL UTILITIES BERHAD 2 5 0 ,0 0 1 ,0 0 ,0 0 2 0 ,0 0 8 0 ,0 0 6 0 ,0 0 579,141 1 5 0 ,0 0 87,111 79,557 1 0
Slide 32: Total Revenue on YoY / QoQ Basis
TO TA L R E V E N U E O N YOY / Q O Q B A S I S Revenue (RM’000) YoY YoY +25.4% +4.2% QoQ +16.5% 458,380 1,530,871 1,468,485 393,415 365,612 32 RANHILL UTILITIES BERHAD 851,795 FYE20 FYE21 1HFY22 Q2FY21 Q1FY22 Q2FY22
Slide 33: Overall Profitability
OV E R A L L P R O F I TA B I L I T Y Gross Profit (“GP”) Profit Before Tax Zakat (“PBTZ”) Notes: (1) The increase in revenue for the 6.5% 6.1% 5.5% quarter (against prior year 5 4 5 ,0 0 2 0 .0 % 1 4 6 ,0 0 1 0 0 . 0 % 21.5% 22.2% 24.0% 1 2 6 ,0 0 0 .0 % corresponding quarter) substantially due to
Slide 34: Dividend Track Record
DIVIDEND TRACK RECORD • Despite operating in a challenging environment, we have been consistently rewarding our shareholders with dividend since FYE2001. The group has a targeted dividend payout ratio of 50 – 70%. Dividend per Share and Dividend Yield Dividend Pay-Out (RM million) Dividend Dividend
Slide 35: Q&A
Corporate Snapshot Business Overview & Sustainability 35 RANHILL UTILITIES BERHAD Prospects Financials Q&A
Slide 36: Enriching Lives Through Sustainable Solutions
Enriching Lives Through Sustainable Solutions 36 RANHILL UTILITIES BERHAD
Ranhill Utilities Berhad — Bursa Rise Day (September 2022) on 6ix