Revenue of RM480.3m and PBT of RM83.2m, translating into PATAMI of RM51.8m in Q1 FY2022
Financial Performance Snapshot
Revenue
PBT
PATAMI
RM480.3m
RM83.2m
RM51.8m
Financial Position
Cash Balances
Total Equity
RM855.8m
RM9,633.5m
Net Assets per
Share Attributable
to Owners of the
Company
Gross Gearing
Net Gearing
RM1.39
40.0%
31.0%
Segment Revenue
Leisure
19.3m
(4.0%)
Investment & Asset
Property
Development
Management
435.7m
25.2m
(90.7%)
(5.3%)
RM480.2m
(after eliminations)
3
(~31% of Q1 FY2022 sales achieved)
Q1 FY2022 Key Highlights (Operational)
Achieved RM888.9m sales in Q1, industrial products as second largest sales contributor of ~31% after residential landed; On track to meet FY2022 sales target of RM2.6b
Operational Highlights
100%
RM888.9m sales achieved with
908 units sold
(~88% from FY2021 launches)
100%
Dayana 2 Phase 2, Nilai Impian
Launched Mar 2022
Residential Landed
78 units, RM36m GDV
Q1 FY2022 Launches
RM383.5m GDV with 533 units
91%
RM2.9b
RM1.5b
unbilled sales
total bookings
(as at 31 March 2022)
(as at 8 May 2022)
Average take-up rates:
XME Phase 2A & 2B, Nilai Impian
Launched Oct 2021 & Mar 2022
Industrial
45 units, RM131m GDV
100% take-up for all 3 new industrial products
(XME Phase 2B, Nilai Impian and i5 & i10, Elmina
Business Park)
(Q1 new launches)
• All products (excl. statutory): 98%
Ilham Residence 2, Elmina East
Launched Mar 2022
• Industrial: 100%
Residential Landed
• Residential (excl. statutory): 96%
277 units, RM191m GDV
Industrial products emerged as second largest sales contributor
*Take-up rates listed as at 8 May 2022
4
YTD FY2022 Key Highlights (Industrial)
Industrial GDV has grown 75% across 2 years from RM307m (2019) to RM1.5b (cumulative as at Q1 FY2022); Secured 100% take-up rates for recent launches; A key growth engine for years to come
Industrial Highlights
CAGR of ~75%
Launched ~RM1.5b
Range of Products & Solutions
over 2 years for
GDV of industrial
Incl. 1st Industrial Fund by
GDV launched from
products
Malaysian public-listed
FY2019 to FY2021
(FY2019 - Q1FY22)
property co.
100%
100%
31% of Q1FY22 sales achieved contributed by industrial products
Top 3 Contributors - Q1FY22 Industrial Sales: The Detached Factories, BBR2 (~RM112m); The Twin Factories 2, Elmina Business Park (~RM48m); Plot 2B, Hamilton (~RM43m)
Ready Built Warehouse & Factories
Build-to-Suit Facilities
The Twin Factories 2,
Industrial Lots
XME Phases 2A & 2B, Nilai Impian
Hamilton Nilai City
Elmina Business Park
Launched Oct 2021 & Mar 2022
Launched Dec 2021
Launched 2021
100%
Elmina Business Park
XME Business Park, Nilai Impian
Bandar Bukit Raja
Presence in
Serenia City
6 townships
Hamilton Nilai City
Bandar Universiti Pagoh
Business Park
The Detached Factories, BBR2
Launched Dec 2021
Strategically located along key economic corridors and infrastructure
across west coast of Peninsular Malaysia
Pagoh Special Economic Zone ("PSEZ")
Launched 2021
5
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Sime Darby Property Bhd published this content on 24 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 May 2022 16:11:15 UTC.
Sime Darby Property Berhad is a Malaysia-based company, which is principally engaged in the business of investment holding, property development and provision of management services. The Company operates through three segments: property development, investment and asset management and leisure. Property development segment is engaged in the development of residential, commercial and industrial properties. Investment and asset management segment is engaged in the leasing of properties and provision of assets and management services. Leisure segment is engaged in the provision of golf, hotel and other recreational facilities and services. Its subsidiaries include Harvard Golf Resort (Jerai) Berhad, Harvard Hotel (Jerai) Sdn Bhd, Impian Golf Resort Berhad, Kuala Lumpur Golf & Country Club Berhad, MVV Holdings Sdn Bhd, Sime Darby Brunsfield Damansara Sdn Bhd, Sime Darby Brunsfield Holding Sdn Bhd, Sime Darby Brunsfield Kenny Hills Sdn Bhd, Sime Darby Brunsfield Motorworld Sdn Bhd and other.