Q4 FY2015 Financial Report - EcoWorld · REVENUE & GROSS PROFIT GROWTH FY2015 158,027 417,822...

PRESENTS

FY2015 RESULTS & BRIEFING

PROFIT AND LOSS STATEMENT AS AT OCT 2015

RM’000 3RD QUARTER ENDED 4TH QUARTER ENDED PERIOD ENDED

31 JUL 2015 31 OCT 2015 31 OCT 2015

Revenue 454,277 681,935 1,712,061

Gross Profit 101,048 168,680 411,898 Gross Profit Margin % 22% 25% 24%

Other Opera<ng Income 5,866 4,585 19,862

Selling & Marke<ng Expenses (34,389) (58,032) (147,249)

Administra<ve Expenses (51,890) (78.196) (190,250)

Finance Costs (4,902) (2,159) (20,343)

Profit before TaxaHon 15,733 34,878 73,918 Taxa<on (6,340) (15,185) (30,062)

Net Profit 9,393 19,693 43,856 Basic Earnings per Share (Sen) 0.41 0.83 2.64

REVENUE & GROSS PROFIT GROWTH FY2015

158,027

417,822 454,277

681,935

39,407

102,763 101,048 168,680

Q1 2015 Q2 2015 Q3 2015 Q4 2015

FY2015 Revenue & Gross Profit by Quarter, (RM'000)

Revenue Gross Profit

SALES ACHIEVED AS AT OCT 2015

PROJECTC

FY2014 FY2015 CUMULATIVE SALES FY2014 – FY2015

UNITS LAUNCHED

UNITS SOLD

SALES VALUE

(RM’000)

UNITS LAUNCHED

UNITS SOLD

SALES VALUE

(RM’000)

UNITS LAUNCHED

UNITS SOLD

SALES VALUE (RM’000)

Saujana Glenmarie -‐ 10 31,795 -‐ 14 45,126 -‐ 24 76,921 Eco Sky 1,005 721 565,079 110 87 71,046 1,115 808 636,125

Eco Majes<c 1,370 961 753,202 734 798 810,053 2,104 1,759 1,563,256 Eco Sanctuary -‐ -‐ -‐ 711 422 652,844 711 422 652,844

Sub-‐Total Eco Central 2,375 1,692 1,350,076 1,555 1,321 1,579,070 3,930 3,013 2,929,146 Eco Botanic 1,093 857 996,453 717 410 251,132 1,810 1,267 1,247,585 Eco Tropics 155 275 133,867 750 552 313,075 905 827 446,943

Eco Spring & Summer 842 455 396,631 479 412 402,389 1,321 867 799,020 Eco Business Park I 187 137 309,427 70 57 144,884 257 194 454,310 Eco Business Park III -‐ -‐ -‐ 94 61 101,588 94 61 101,588

Sub-‐Total Eco South 2,277 1,724 1,836,379 2,110 1,492 1,213,068 4,387 3,216 3,049,447 Eco Terraces -‐ -‐ -‐ 233 48 55,972 233 48 55,972 Eco Meadows -‐ -‐ -‐ 295 231 168,407 295 231 168,407

Sub-‐Total Eco North -‐ -‐ -‐ 528 279 224,379 528 279 224,379 Grand Total 4,652 3,416 3,186,455 4,193 3,092 3,016,517 8,845 6,508 6,202,972

ECO CENTRAL REPRESENTED IN ALL PARTS OF KLANG VALLEY

ECO MAJESTIC SALES ACHIEVED IN FY2014 & FY2015

FY2014 FY2015

By Product Type (RM’000)

Units Sold Sales Value

TERRACES

176 151,466

6 5,115

BUNGALOW LOTS

182 156,581

193 174,135

215

201,420

CLUSTER

408

375,556

29

74

SEMI-‐D

103 139,913

961

798

TOTAL

1,759 1,563,256

563

365

928

663,873

387,050

276,823

138

SHOP OFFICE

227,332

138 227,332

753,202

810,053

40,550

99,363

Units Sold Sales Value Units Sold Sales Value Units Sold Sales Value Units Sold Sales Value Units Sold Sales Value

144

144

163,797

163,797

259

259

432,608

432,608

19

19 56,438

56,438

422

422

652,844

652,844


BUNGALOW TERRACED VILLA TOTAL SEMI-‐D

ECO SANCTUARY SALES ACHIEVED IN FY2015

FY2015


Units Sold Sales Value Units Sold Sales Value Units Sold Sales Value

ECO SKY SALES ACHIEVED IN FY2014 & FY2015

FY2014 FY2015


617

425,536

721

565,079

104 139,543

79

61,178

8

9,868

87

71,046 696

486,715

112

149,410

808

636,125


OFFICE / RETAIL SERVICED APARTMENTS TOTAL

Units Sold Sales Value Units Sold Sales Value

ECO SOUTH REPRESENTED IN ALL PARTS OF ISKANDAR MALAYSIA

ECO BOTANIC SALES ACHIEVED IN FY2014 & FY2015

FY2014 FY2015


111

2

SEMI-‐D

113

201,444

SERVICED APARTMENTS

215 152,603

14

8,297

229

160,901

494,738

CLUSTER

454

25

479

462,439

32,299 857

410

TOTAL

1,267 1,247,585

996,453

251,132

77

35

SHOP OFFICE

112

270,673

183,696

86,977 279

AFFORDABLE HOUSING

43,671

76,158


TERRACED VILLA

55

55 76,158

279

43,671

197,715

3,730

Units Sold Sales Value Units Sold Sales Value Units Sold Sales Value Units Sold Sales Value Units Sold Sales Value Units Sold Sales Value

ECO SPRING & ECO SUMMER SALES ACHIEVED IN FY2014 & FY2015

FY2014 FY2015


326

262

588

233,764

198,131

431,895

105

117

222

117,374

141,271

258,645

24

33

57

45,493

62,987

108,480 455

412

867

396,631

402,389

799,020


SEMI-‐D TERRACES TOTAL CLUSTER Units Sold Sales Value Units Sold Sales Value Units Sold Sales Value

By Product Type (RM’000) FY2014 FY2015


TERRACES

2 3,546 2

1,041

LAND

4 4,587 146

46,963

202

127,257

CLUSTER

348

174,220

29

SEMI-‐D

29 13,223

275

552

TOTAL

827

9

323

332

1,356

163,737

133,867

313,075

165,093

13,223

446,943

25

SHOP OFFICE

21,040 114

89,819

68,779 89

Units Sold Sales Value Units Sold Sales Value Units Sold Sales Value Units Sold Sales Value Units Sold Sales Value

ECO TROPICS SALES ACHIEVED IN FY2014 & FY2015

110

217,972

137

309,427

27 91,454

40

86,174

17

58,710

57

144,884

150

304,146

44

150,164

194

454,310


SEMI-‐D FACTORY CLUSTER FACTORY TOTAL

ECO BUSINESS PARK I SALES ACHIEVED IN FY2014 & FY2015

FY2014 FY2015



36

50,339

25

51,249 61

101,588

36

50,339

25

51,249 61

101,588


SEMI-‐D FACTORY CLUSTER FACTORY TOTAL



FY2015

ECO BUSINESS PARK III SALES ACHIEVED IN FY2015

ECO NORTH STRONG PRESENCE ON PENANG MAINLAND

Eco Terraces (RM’000) Eco Meadows (RM’000)

ECO TERRACES & ECO MEADOWS SALES ACHIEVED IN FY2015

FY2015

48 55,972

48

55,972


APARTMENTS

231

168,407

231

168,407

TERRACES


BUKIT BINTANG CITY CENTRE UPCOMING LAUNCH

KL TOWER

BERJAYA TIMES SQUARE

BBCC SITE

The last large prime parcel of city centre real estate poised for urban regenera<on

KLCC

BUKIT BINTANG CITY CENTRE AERIAL VIEW

Fully integrated development incorpora<ng residen<al, retail, offices and entertainment

BUKIT BINTANG CITY CENTRE PROJECT OVERVIEW

RETAIL MALL

STRATA OFFICES

SERVICED APARTMENTS

SIGNATURE TOWER

ENTERTAINMENT HUB

SKY RESIDENCES

5-‐STAR HOTEL

CORPORATE OFFICE

MONORAIL STATION

HOTEL

DESIGNER RESIDENCES

Integrated transit hub that connects the Monorail, LRT and future MRT sta<on to the development

BUKIT BINTANG CITY CENTRE INTEGRATED TRANSIT HUB

INTEGRATED TRANSIT HUB

BUKIT BINTANG CITY CENTRE DESIGN CONCEPT

Grand & me<culously landscaped entrance to BBCC

BUKIT BINTANG CITY CENTRE RETAIL MALL

Cudng-‐edge retail mall as the centrepiece of the development

BUKIT BINTANG CITY CENTRE ENTERTAINMENT HUB

Entertainment hub that includes a Concert hall, Malaysian grand bazaar and Cineplex

FUTURE PROJECTS

ECO MARINA LOCATION MAP

ECO FOREST BUILDING ON THE SUCCESS OF ECO MAJESTIC

•  Located 5km to the east of Eco Majes<c •  Connected to Cheras Kajang Highway •  Connected to SKVE through SILK Highway •  Near to North-‐South Expressway, MRR2

and KESAS Highway •  Near to UTAR, Nodngham University,

UKM and UPM •  Surrounded by recrea<onal areas like

Broga Hills, Semenyih Organic Farm and Ostrich Farm

•  The Lands are approximately 45km from

Kuala Lumpur City Centre

•  Well connected to major urban centres

such as Kota Damansara, Shah Alam

and Sungai Buloh

•  Highway access via LATAR Expressway,

North-‐South Expressway and

Guthrie Expressway

•  Also accessible via major roads -‐ Jalan

Batu Arang / Persiaran Mokhtar Dahari,

Jalan Meru Tambahan and

Jalan Kuala Selangor

•  Lands will be enhanced with the

West Coast Expressway (WCE) slated

to complete by 2018

ECO GARDENS & ECO BUSINESS PARK V LOCATION MAP

Proposed Interchange to LATAR Expressway

REMAINING LAND BANK & GDV AS AT OCTOBER 2015

PROJECT LAND BANK (ACRES) ESTIMATED

TOTAL GDV (RMbn)

CUMULATIVE SALES (FY2014 – FY2015) (RMbn)

REMAINING GDV

(RMbn) TOTAL UNDEVELOPED

Saujana Glenmarie 25.9 -‐ 0.090(1) 0.077 0.013 Eco Sky 9.6 -‐ 0.974 0.636 0.338

Eco Majes<c 1,073.1 720.0 11.145 1.563 9.581 Eco Forest 492.7 492.7 3.500 -‐ 3.500

Eco Sanctuary 308.7 194.4 8.000 0.653 7.347 BBCC 19.4 19.4 8.782 -‐ 8.782

Eco Gardens 1,679.8 1,679.8 12.513 -‐ 12.513 Eco Business Park V 518.6 518.6 2.747 -‐ 2.747

TOTAL ECO CENTRAL 4,127.8 3,624.8 47.751 2.929 44.822 Eco Botanic 325.1 200.1 3.794 1.248 2.547

Eco Spring & Summer 613.8 433.8 5.870 0.799 5.071 Eco Tropics 743.6 668.6 3.400(1) 0.447 2.953

Eco Business Park I 612.0 423.2 3.799 0.454 3.345 Eco Business Park II 383.6 383.6 3.009 -‐ 3.009 Eco Business Park III 248.0 196.0 2.000 0.102 1.898

TOTAL ECO SOUTH 2,926.1 2,305.3 21.873 3.049 18.823 Eco Terraces 12.8 -‐ 0.430 0.056 0.374 Eco Meadows 76.5 44.2 0.918 0.168 0.750 Eco Macalister 1.1 1.1 0.192 -‐ 0.192 Eco Marina 299.6 299.6 10.000 -‐ 10.000

TOTAL ECO NORTH 390.1 345.0 11.540 0.224 11.315

GRAND TOTAL 7,443.9 6,275.0 81.164 6.203 74.961

TOTAL LAND BANK & GDV AS AT OCTOBER 2015

ECO CENTRAL 47.751 bn

ECO SOUTH 21.873 bn

ECO NORTH 11.540 bn

ECO SOUTH 2,926.1 ACRES

ECO NORTH 390.1 ACRES

ECO CENTRAL 4,127.8 ACRES

7,443.9 Acres

RM81.164 Billion

TOTAL LAND BANK TOTAL GDV (Total EffecEve GDV of RM 75.895 bn)

PROGRESS BILLING STATUS FY2015 AS AT 31 OCT 2015

PROJECT SALES SECURED AS AT 31 OCT 2015 (RMmn)

PROGRESS BILLINGS AS AT 31 OCT 2015 (RMmn)

FUTURE PROGRESS BILLINGS (RMmn)

Saujana Glenmarie 227.5(1) 227.5 -‐ Eco Sky 636.1 124.9 511.3

Eco Majes<c 1,563.3 379.7 1,183.5 Eco Sanctuary 652.8 -‐ 652.8 Eco Forest -‐ -‐ -‐ BBCC -‐ -‐ -‐

Eco Gardens -‐ -‐ -‐ Eco Business Park V -‐ -‐ -‐ Total Eco Central 3,079.8 732.1 2,347.6

Eco Botanic 1,247.6 648.6 599.0 Eco Spring 799.0 239.0 560.0 Eco Tropics 1,767.0(1) 1,543.2 223.8

Eco Business Park I 454.3 328.0 126.3 Eco Business Park II -‐ -‐ -‐ Eco Business Park III 101.6 12.9 88.7 Total Eco South 4,369.5 2,771.8 1,597.8 Eco Terraces 56.0 12.0 44.0 Eco Marina -‐ -‐ -‐

Eco Meadows 168.4 -‐ 168.4 Eco Macalister -‐ -‐ -‐ Total Eco North 224.4 12.0 212.4

Grand Total 7,673.7 3,515.8 4,157.8

(1) Includes pre FY2014 sales secured under Focal Aims Group of RM1,470.7mn

(1) CalculaEon of Shariah compliance raEo (2) Restated for the effects of subdivision of 1 ordinary share of RM1.00 each into 2 ordinary shares of

RM0.50 each pursuant to the share split exercise which was completed on 23 January 2015.

BALANCE SHEET AS AT OCT 2015

RM’000 PERIOD ENDED

31 OCT 2014 31 OCT 2015

No. of Ordinary Shares 253,317 2,364,264

Share Capital 253,317 1,182,132

Shareholders’ Funds 325,861 3,156,875

NA per Share (RM) 0.64 (2) 1.34

Total Cash 43,423 517,176

Total Borrowings 240,675 1,700,345

Net Cash / (Debt) (197,252) (1,183,169)

Gross Debt – Equity Ra<o (x) 0.74x 0.54x

Net Debt – Equity Ra<o (x) 0.61x 0.37x

Return on Equity (%) 2.20% 1.39%

Total Conven<onal Debt / Total Assets (%) (1) 14.41% 18.68%

CONCLUSION

•  Sales target of RM4 billion for FY2016 is maintained, anchored by:

•  RM4.16 billion unbilled progress billings from sales secured up to

31 October 2015 will contribute to revenue and profits •  New sales target of RM4.5 billion set for FY2017 supported by four new

projects to be launched in FY2017

•  11 on-‐going projects primarily in the township and business park segments + new EBP II launch

•  40% share of sales from BBCC •  30% share of sales from EWI

THANK YOU

Q4 FY2015 Financial Report - EcoWorld · REVENUE & GROSS PROFIT GROWTH FY2015 158,027 417,822...

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