Ranhill 2Q Profit Halved To RM6 Million From Lower Contribution From Units
Ranhill 2Q Profit Halved To RM6 Million From Lower Contribution From Units
Ranhill Utilities Berhad releasd its financial results for the second quarter ended 30 June 2024 reporting a revenue of RM561.4 million contributing to a year-to-date revenue of RM1.1 billion in 1HFY24.
Ranhill Utilities Berhad公布2024年6月30日结束的第二季度财报,营业收入为561.4百万马币,为2024年上半年累计营业收入110亿马币做出贡献。
This represents a decrease from RM593.7 million and RM1,113.7 million recorded in the corresponding quarter and year-to-date period in 2023. The profit attributable to ordinary equity holders of the parent for Q2FY24 stood at RM6.5 million, with a cumulative profit of RM16.9 million for 1HFY24. This is a decline as compared to RM12.1 million for Q2FY23 and RM23.2 million for 1HFY23.
与2023年相应的季度和同期累计数字记录的593.7百万马币和1113.7百万马币相比,数字有所下降。Q2FY24的普通股股东应占利润为650万马币,2024年上半年累计利润为1690万马币。与Q2FY23的1210万马币和2023年上半年的2320万马币相比,数字出现了下降。
The decrease in revenue for the quarter it said was primarily driven by lower revenue recognition on the Bidor Solar project amounting to RM53.2 million and reduced revenue by Ranhill Worley Sdn Bhd of RM18.9 million. However, it noted this was partially offset by a revenue increase of RM43.9 million recorded by Ranhill SAJ Sdn Bhd. The decrease in PAT of the quarter is mainly due to an RM8.0 million reversal of profits previously recognised in connection with Ranhill Worley's detailed design engineering services for the P-82 floating production, storage, and offloading vessel for a Brazilian oil & gas producer.
季度营业收入下降主要是由于Bidor Solar项目营收减少,共计532百万马币,以及Ranhill Worley Sdn Bhd减少营收1.89亿马币。然而,它指出,Ranhill SAJ Sdn Bhd录得了4.39亿马币的营收增长,部分抵消了这些负面影响。季度PAt下降主要是由于面向巴西石油和天然气生产商的P-82浮式生产、储存和卸油设施的Ranhill Worley详细设计工程服务先前确认的利润逆转800万马币。
Segmentally, the Water segment contributed the most to the Group's revenue, recording a revenue of RM664.9 million in 1HFY24, an increase of 12.4% compared to RM591.3 million in 1HFY23, driven by higher recognition of water revenue contributed by RanhillSAJ. However, PAT for this segment decreased slightly to RM68.1 million from RM69.7 million in the preceding corresponding period, due to higher amortization on services concession assets by RanhillSAJ. The Power segment posted a revenue of RM126.3 million in 1HFY24, a decrease of 4.8% from RM132.6 million in the preceding corresponding period, mainly due to lower recognition of capacity payments and derecognition of revenue related to failure dispatch incidents by Ranhill Sabah Energy II. Consequently, PAT for this segment fell to RM27.0 million from RM30.6 million in the preceding corresponding period.
分部门而言,水务部门对集团营业收入的贡献最大,2024年上半年的营业收入为664.9百万马币,较2023年上半年的591.3百万马币增长了12.4%,主要是由于RanhillSAJ贡献的水收入认定增加。然而,该部门Q2FY24的PAt略有下降,从上一对应期的697百万马币下降至681百万马币,这是由于RanhillSAJ的服务特许权资产上摊费用增加。电力部门在上半年录得1.263亿马币营收,较上一对应期的1.326亿马币下降了4.8%,主要是由于Sabah Energy II的容量支付减少和与失利调度相关的营收取消。因此,此部门的PAt从上一对应期的306百万马币下降至270百万马币。
The Consultancy and Services segment saw a decline in revenue of 14.7% to RM332.6 million from RM389.8 million in 1HFY23, largely due to lower revenue from Ranhill Bersekutu Sdn Bhd ("RBSB") as the construction phase of the EPCC project in Bidor concluded. This segment's PAT also decreased to RM17.4 million from RM22.3 million, impacted by estimated losses on project P82, which were partially offset by foreign exchange gains at Ranhill Worley.
咨询与服务部门的营业收入从2023年的3.8998亿马币下降了14.7%至3.326亿马币,这主要是由于Bidor的EPCC项目建设阶段结束后,Ranhill Bersekutu Sdn Bhd的营收下降。此部门PAt也从上一对应期的223百万马币下降至174百万马币,这受到项目P82估计亏损的影响,但部分被Ranhill Worley的外汇收益抵消。
Looking ahead, the Group said it remains optimistic about the prospects in its Water, Power, and Consultancy and Services segments. In the Water segment, local demand is expected to grow in Johor, spurred by various economic projects and a recent tariff hike. Internationally, Ranhill is exploring expansion opportunities in China and Thailand, and has resubmitted feasibility studies for a significant water project in Indonesia.
展望未来,集团表示仍对其水务、电力、咨询和服务等主要部门的前景持乐观态度。水务部门预计在柔佛地区本地需求将会随着各种经济项目和最近的价格上涨而增长。在国际市场上,Ranhill正在探索在中国和泰国的拓展机会,并重新提交了印度尼西亚的重大水务项目的可行性研究。
Despite the challenges faced in 1HFY24, the group said it remains focused on delivering sustainable growth and creating value for its shareholders. The Group's diversified portfolio and strategic initiatives across its core segments are expected to drive future growth.
尽管面临了2024年上半年的挑战,但集团表示仍将专注于实现可持续增长和为股东创造价值。该集团广泛的业务组合和跨核心细分的战略计划有望推动未来的增长。