Fima Corp. Bhd. · MYX:FIMACOR
Fima Corp. Bhd — Shareholder Meeting (August 2022)
13 slides from Fima Corp. Bhd's shareholder meeting presentation, Aug 23, 2022
Slide 1: Disclaimer
DISCLAIMER • This presentation may contain forward-looking statements by Fima Corporation Berhad that reflect management’s current expectations, beliefs, intentions or strategies regarding the future and assumptions in light of currently available information. These statements are based on various a
Slide 2: Fima Corporation Berhad 47th Annual General Meeting
Fima Corporation Berhad 47th Annual General Meeting 23 August 2022 Positioning for the Future
Slide 3: About Us
Our About Malaysia Presence Us • Kuala Lumpur • Selangor • Perak Indonesia • Kabupaten Nunukan, Kalimantan Utara • Kelantan • Terengganu Incorporated in 1974, Fima Corporation Berhad (“FimaCorp”) is a group with business in Manufacturing and Plantation. What We Do Facilities & Capabilities FimaCorp
Slide 4: FYE2022 Highlights
FYE2022 Highlights Improved FFB Recorded production Embedded Value revenue growth 29.3% y-o-y of Creation of 29.5% our Malaysian Model in our estates Annual Report GHG Lower emission Accident intensity Rate and improved Zero Fatality 16.1% y-o-y recorded
Slide 5: FYE2022 Financial Highlights
FYE2022 Financial Highlights Revenue EBIT RM300.59 mil RM95.59 mil (FYE2021: RM232.17 mil) +29.5% +144.4% y-o-y (FYE2021: RM39.12 mil) y-o-y PBT PAT RM95.07 mil +147.1% RM75.43 mil +142.2% (FYE2021: RM38.47 mil) y-o-y (FYE2021: RM31.14 mil) y-o-y Earning Per Share Net Assets Per Share 25.48 sen RM2.
Slide 6: Group Revenue Breakdown (Core Divisions only)
Group Revenue Breakdown (Core Divisions only) INDONESIA 56.3% PLANTATION MANUFACTURING RM189.40 million RM104.13 million +53.6% y-o-y +2.2% y-o-y (FYE2021:RM123.27 million) (FYE2021:RM101.93 million) • Higher CPO and CPKO • Improved sales prices volumes in transport, • Improved in CPO travel, foreig
Slide 7: Group PBT Breakdown (Core Divisions only)
Group PBT Breakdown (Core Divisions only) INDONESIA 93.8% PLANTATION MANUFACTURING RM90.20 million RM8.49 million +330.5% y-o-y -41.8% y-o-y (FYE2021:RM20.95 million) (FYE2021:RM14.60 million) • Higher CPO and CPKO • Reduced due to MALAYSIA prices revenue reversal of • Sustained improvement 6.2% RM4
Slide 8: Year To Date Performance
Year To Date Performance YEAR TO DATE RM‘000 REMARKS FY23 FY22 VARIANCE Revenue - Plantation sales increased by RM19.9m Revenue 74,334 38,598 35,736 - Manufacturing sales increased by RM16.6m FY23 FY22 Variance % - Property management revenue increased by RM0.2m Direct Cost Of Sales (43,897) (18,525
Slide 9: Dividend
Dividend 16.0 300.0% 254.6% 15.0 15.0 250.0% 14.0 200.0% Our Divided policy targets 12.5 12.5 12.5 12.5 to pay at least 40.0% 13.0 150.0% 12.0 of Profit After Tax and 100.0% Non-Controlling Interests 11.0 109.6% (PATANCI), subject to the 88.2% 50.0% Company’s financial 10.0 52.3% 58.8% position 9.0
Slide 10: Emerging Risks
Emerging Risks Inflation Acute Labour Shortage › Fuel, fertilizer and food › In plantation sector due to price increases prolonged restrictions › Affects all divisions › Currently, Plantation Malaysia is operating at 76.0% of workforce requirement Emerging Risks Foreign Exchange Volatility Supply Ch
Slide 11: Strategic Focus & Outlook: Plantation Division
STRATEGIC FOCUS & OUTLOOK PLANTATION DIVISION Strategic Focus ▪ Landbank expansion ▪ Increase productivity and cost efficiency through mechanisation ▪ Best estate management practices ▪ Rehabilitation/new planting for newly acquired estates Outlook for FYE2023 ▪ Projecting further growth in FFB prod
Slide 12: Strategic Focus & Outlook: Manufacturing Division
STRATEGIC FOCUS & OUTLOOK MANUFACTURING DIVISION Strategic Focus ▪ Strategic partnerships & alliances ▪ Streamlining costs to maintain competitiveness ▪ Protection of niche markets Outlook for FYE2023 ▪ Reopening of economies to further strengthen demand for travel and transport ▪ Promising outlook
Slide 13: Thank You & Stay Safe!
F I M A C O R P O R ATIO N B E R H AD Suite 4.1, Level 4, Block C, Plaza Damansara, No. 45, Jalan Medan Setia 1, Bukit Damansara, 50490 Kuala Lumpur. (+603) 2092-1211 [email protected] http://www.fimacorp.com Thank You & Stay Safe!
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