UEM Sunrise : UEMS - 15th AGM Deck

UEM Sunrise Berhad

15th Annual General Meeting

7 June 2023

1

2022

long awaited recovery with lingering challenges

2

Triage

Stabilise

Sustain

Financial

Performance

Strategic Turnaround Plan introduced towards the end of 2021 demonstrates positive outcome in 2022.

Improvements were recorded across the board allowing the Company to return to profitability after losses in the past two financial years.

Together with a healthy cash position, the Company declared a small dividend as a token of appreciation to shareholders.

Sales

RM0.9 bil

2021 RM1.5 bil ▼37%

Revenue

RM1.5 bil

2021 RM1.2 bil ▲24%

Gross Profit

RM431.2 mil

2021 RM221.0 mil ▲95%

PATANCI

RM80.5 mil

2021 (RM213.0 mil) ▲>100%

Share

of Results

RM28.0 mil

2021 RM12.9 mil ▲>100%

Dividend

0.5 sen

RM25.3 mil or 31% of PATANCI

3

Triage

Stabilise

Sustain

Revenue was driven mainly from property development activities. As the country transitioned into endemicity, construction progress has quickened.

Major contributors in 2022 were Residensi Solaris Parq, Serene Heights, Residensi AVA, Residensi Astrea and Senadi Hills.

Another contributor is the completion of the sale of the 33 industrial plots in SiLC Phase 3 and the sale of non- strategic lands in Seputeh, Mersing and smaller pocket lands in Iskandar Puteri.

Revenue

RM1.5 bil

2021 RM1.2 bil ▲24%

72%

Property development

7%

Others

21%

Non-core asset divestment

4

2022 sales achievement were impacted by delays in securing authorities' approvals. The setback affected planned launches for the year.

In enhancing sales, the focus undertaken was to:

• Sell inventories which resulted in a 49% drop compared to 2021.
• Sell ongoing projects and new launches.

Sales

RM0.9 bil

2021 RM1.5 bil ▼37%

Launch GDV

RM mil

894

550

517

2020 2021 2022

Triage

Stabilise

Sustain

39%	15%
New Launch
On-going
development

46%

Completed properties

5