Sailaway Of Tapis-R Deck ANALYST BRIEFING 2nd Quarter 2014 Financial Results & Updates 5th August 2014 Transformation for Success
3 Key Highlights Financials Revenue of RM1.65bn Net profit of RM74m Projects Successful load-out/sailaway FPSO Cendor Tapis-R deck KBB topsides Ongoing 1st block movement of South East Node for TLP Malikais hull…
Successful Load-Out And Sailaway 5 Kebabangan Northern Hub Development
Fabrication Of Topside At MMHE West Yard 6 TLP Malikai Deepwater Project
Fabrication Of SK316s Jacket 7 SK316
Repair And Upgrading Of Dynamically Positioned Pipe Laying Vessel (DPPLV) 8 Audacia
Financial Updates 9 Income Statement, QoQ Revenue Income Statement RM m 2Q 2014 1Q 2014 OBU, revenue recognition at SK316 Revenue 980.9 671.5 Offshore 908.2 609.4 MBU, more LNG vessels repaired Marine 72.7 62.0 Operating Profit…
Financial Updates 10 Income Statement, YoY Revenue Income Statement RM m 1H 2014 1H 2013 OBU, sailed-away/completed more projects Revenue 1,652.4 1,708.5 Offshore 1,517.6 1,581.6 MBU, diversified to other types of vessels Marine…
Financial Updates 11 Balance Sheet Total assets of RM5.3bn Balance Sheet RM m Jun 2014 Dec 2013 Billings from recently completed/ongoing Non-Current Assets 1,968.9 1,901.6 projects contributed to receivables Inventories 13.5 12.6…
Financial Updates 12 Order Intake & Backlog Backlog RM million 1,430 Backlog RM million 1,270 5,827 919 SK316 TLP Malikai 3,727 2,937 2,556 2,180 1,772 1,818 Mar09 Mar10 Mar11 Dec11 Dec12 Dec13 Jun14 June 2014…
Corporate Updates 13 Shareholding Information 1-Year Share Price RM Technip SA Technip SA 5.0 8.50% 8.50% Lembaga Lembaga Tabung Haji 4.5 Tabung Haji 6.13% 6.13% PNB & PNB PNB & PNB As At As At Unit Trust Unit Trust 4.0…
EPCIC Project Profit Recognition 16 Additional Computation Method Current method Profit recognition after designated threshold Stages of completion based on PMT Additional method Square method after threshold completion Applicable…
Transformation for Success Thank You Terima Kasih MALAYSIA MARINE AND HEAVY ENGINEERING HOLDINGS BERHAD Level 31, Menara Dayabumi, Jalan Sultan Hishamuddin 50050, Kuala Lumpur, Malaysia Investor Relations Contacts Telephone: +60 (3)…