LBS’ Profit After Tax Soars by 96% in Q3FYE22
21 November 2022
For Immediate Release
LBS’ PROFIT AFTER TAX SOARS BY 96% IN Q3FYE22
- Revenue increased 108% year-on-year to RM528.9 million from RM254.0 million.
- Strong unbilled sales of RM2.54 billion.
- Total property sales (21 November 2022: RM1.83 billion) – surpassed 2022 sales target of RM1.6 billion.
Petaling Jaya, 21 November 2022 – LBS Bina Group Berhad (“LBS” or the “Group”) today announced its third quarter results for the financial year ending 31 December 2022 (“Q3FYE22”).
For the quarter under review, LBS delivered a strong set of financial results driven by an impressive revenue of RM528.9 million, which translated to a year-on-year increase of 108% from RM254.0 million in Q3FYE21. In addition, profit after tax and profit after tax and non-controlling interests (“PATMI”) increased by 96% and 95%, year-on-year, from RM20.0 million to RM39.2 million and from RM18.1 million to RM35.4 million respectively.
On a segmental basis, property development remained the Group’s main earnings contributor whereby revenue doubled from RM243.2 million to RM512.2 million in Q3FYE22. The increase was largely attributable to the positive take-up rates of the Group’s key projects at Bukit Jalil, LBS Alam Perdana, KITA @ Cybersouth and Alam Awana Industrial Park. To add on, the Group reported that development projects within the Klang Valley accounted for more than 85% of the Group’s revenue for the current financial period.
For the nine months ended 30 September 2022, revenue and PATMI surged by 46% and 69% respectively to RM1.3 billion and RM100.6 million as compared to the corresponding period in 2021.
The Group further announced that as at 21 November 2022, it has surpassed its property sales target of RM1.6 billion by 14% as it stood at RM1.83 billion. As at 31 October 2022, the Group has a land bank for future development of 2,663 acres and a healthy unbilled sales of RM2.54 billion.
Commenting on the results, LBS Executive Chairman Tan Sri Lim Hock San said, “LBS has performed remarkably well this quarter and I am indeed pleased by our results. It is encouraging to note that demand for affordable properties continues to remain strong. The strategic locations of our developments and affordable pricing have paid off handsomely as we have managed to maintain our performance throughout 2022. Exciting times are ahead for the remainder of the year as we intend to launch RM424 million worth of properties in the fourth quarter. This should provide us with leverage to close off 2022 on a positive note.”
He added, “According to Bank Negara Malaysia, Malaysia may face a challenging economic climate in 2023, as the worsening supply chain, geopolitical uncertainty and market volatility could upset growth. However, we are cautious of these negative factors and believe with our focused and strategic hands-on approach, we should be able to minimise disruptions to our business in the quarters ahead.”
-End-
For Immediate Release
LBS’ PROFIT AFTER TAX SOARS BY 96% IN Q3FYE22
- Revenue increased 108% year-on-year to RM528.9 million from RM254.0 million.
- Strong unbilled sales of RM2.54 billion.
- Total property sales (21 November 2022: RM1.83 billion) – surpassed 2022 sales target of RM1.6 billion.
Petaling Jaya, 21 November 2022 – LBS Bina Group Berhad (“LBS” or the “Group”) today announced its third quarter results for the financial year ending 31 December 2022 (“Q3FYE22”).
For the quarter under review, LBS delivered a strong set of financial results driven by an impressive revenue of RM528.9 million, which translated to a year-on-year increase of 108% from RM254.0 million in Q3FYE21. In addition, profit after tax and profit after tax and non-controlling interests (“PATMI”) increased by 96% and 95%, year-on-year, from RM20.0 million to RM39.2 million and from RM18.1 million to RM35.4 million respectively.
On a segmental basis, property development remained the Group’s main earnings contributor whereby revenue doubled from RM243.2 million to RM512.2 million in Q3FYE22. The increase was largely attributable to the positive take-up rates of the Group’s key projects at Bukit Jalil, LBS Alam Perdana, KITA @ Cybersouth and Alam Awana Industrial Park. To add on, the Group reported that development projects within the Klang Valley accounted for more than 85% of the Group’s revenue for the current financial period.
For the nine months ended 30 September 2022, revenue and PATMI surged by 46% and 69% respectively to RM1.3 billion and RM100.6 million as compared to the corresponding period in 2021.
The Group further announced that as at 21 November 2022, it has surpassed its property sales target of RM1.6 billion by 14% as it stood at RM1.83 billion. As at 31 October 2022, the Group has a land bank for future development of 2,663 acres and a healthy unbilled sales of RM2.54 billion.
Commenting on the results, LBS Executive Chairman Tan Sri Lim Hock San said, “LBS has performed remarkably well this quarter and I am indeed pleased by our results. It is encouraging to note that demand for affordable properties continues to remain strong. The strategic locations of our developments and affordable pricing have paid off handsomely as we have managed to maintain our performance throughout 2022. Exciting times are ahead for the remainder of the year as we intend to launch RM424 million worth of properties in the fourth quarter. This should provide us with leverage to close off 2022 on a positive note.”
He added, “According to Bank Negara Malaysia, Malaysia may face a challenging economic climate in 2023, as the worsening supply chain, geopolitical uncertainty and market volatility could upset growth. However, we are cautious of these negative factors and believe with our focused and strategic hands-on approach, we should be able to minimise disruptions to our business in the quarters ahead.”
-End-
About LBS Bina Group Berhad
LBS Bina Group Berhad (“LBS”), an internationally recognized developer with a vision for building and inspiring delightful spaces, is a renowned township developer that has amassed numerous awards through their various developments. By placing people at the heart of their approach, LBS has been building and shaping the nation’s landscape for over 30 years while continuing to meet the market demands for quality and affordable homes.
The continued success of LBS is attributed to the leadership of Executive Chairman, Tan Sri Lim Hock San. In recognition of his leadership, Tan Sri Lim was named as the Property Man of the Year by Malaysia Property Award (formerly known as FIABCI Malaysia Property Awards of Distinction or FIABCI Malaysia Awards of Distinction) in 2018, which is the gold standard for developers in the real estate industry. Further recognition received was the “Oscar Award” in the property fraternity. The award was in recognition of Tan Sri Lim’s perseverance and resilience over time within the industry, excellent demonstration of strong leadership, deep industry knowledge and impeccable values of integrity and responsibility.
To date, LBS with vast land banks spread across Malaysia, will continue to grow in stature and strength, through replicating successful townships such as Bandar Saujana Putra to other parts of Selangor including KITA @ Cybersouth in Dengkil, LBS Alam Perdana in Bandar Puncak Alam and so on. Beyond property development, LBS is also venturing into retail management, hospitality and tourism.
For more information, visit https://lbs.com.my/
Prepared by:
Corporate Communication, Media & Digital, LBS
Email: [email protected]
Untuk Siaran Segera
LBS CATAT PENINGKATAN KEUNTUNGAN SELEPAS CUKAI SEBANYAK 96% BAGI Q3FYE22
- Pendapatan meningkat 108% tahun ke tahun kepada RM528.9 juta daripada RM254.0 juta.
- Nilai jualan tanpa bil sebanyak RM2.54 bilion.
- Jumlah jualan hartanah (21 November 2022: RM1.83 bilion) – melepasi sasaran jualan 2022 sebanyak RM1.6 bilion.
Petaling Jaya, 21 November 2022 – LBS Bina Group Berhad (“LBS” atau “Kumpulan”) hari ini mengumumkan keputusan suku ketiga bagi tahun kewangan berakhir 31 Disember 2022 (“Q3FYE22”).
Bagi suku dalam tinjauan, LBS mencatatkan keputusan kewangan yang kukuh didorong oleh keuntungan yang memberangsangkan sebanyak RM528.9 juta dengan peningkatan tahun ke tahun sebanyak 108% berbanding daripada RM254.0 juta pada Q3FYE21. Keuntungan selepas cukai dan dan kepentingan bukan kawalan (“PATMI”) masing-masing meningkat sebanyak 96% dan 95%, dengan peningkatan tahun ke tahun, daripada RM20.0 juta kepada RM39.2 juta dan daripada RM18.1 juta kepada RM35.4 juta.
Segmen pembangunan hartanah kekal sebagai penyumbang terbesar kepada keuntungan Syarikat. Rekod pembangunan hartanah mencatatkan peningkatan dua kali ganda daripada RM243.2 juta kepada RM512.2 juta pada Q3FYE22. Pendapatan ini sebahagian besarnya didorong oleh kadar pengambilan positif daripada projek utama LBS di Bukit Jalil, LBS Alam Perdana, KITA @ Cybersouth dan Taman Perindustrian Alam Awana. Selain itu, Syarikat turut mengumumkan bahawa projek-projek pembangunan di Lembah Klang turut menyumbang lebih 85% kepada pendapatan Syarikat bagi tempoh kewangan semasa.
Bagi sembilan bulan berakhir 30 September 2022, pendapatan dan PATMI masing-masing melonjak sebanyak 46% dan 69% kepada RM1.3 bilion dan RM100.6 juta berbanding tempoh yang sama pada tahun 2021.
Syarikat turut mengumumkan bahawa sehingga 21 November 2022, LBS telah melepasi sasaran jualan hartanah RM1.6 bilion iaitu peningkatan 14% kepada RM1.83 bilion. Sehingga 31 Oktober 2022, LBS mempunyai bank tanah untuk pembangunan masa hadapan seluas 2,663 ekar dan nilai jualan tanpa bil sebanyak RM2.54 bilion.
Mengulas mengenai keputusan tersebut, Pengerusi Eksekutif LBS, Tan Sri Lim Hock San berkata, “LBS telah merekodkan prestasi yang sangat baik pada suku ini dan kami amat gembira dengan keputusan tersebut. Keadaan ini menunjukkan bahawa permintaan hartanah mampu milik akan terus kukuh dan relevan. LBS berada di landasan yang tepat dengan pembinaan pembangunan di lokasi dan kawasan strategik di samping harga berpatutan telah membuahkan hasil sekaligus berjaya mengekalkan prestasi yang baik sepanjang tahun 2022. LBS berhasrat untuk melancarkan hartanah bernilai RM424 juta pada suku keempat tahun ini dan ianya bakal memberikan kami kelebihan untuk mengakhiri tahun 2022 dengan cemerlang dan positif.”
Beliau menambah “Menerusi pengumuman terkini Bank Negara, Malaysia berkemungkinan menghadapi iklim ekonomi mencabar pada 2023, susulan daripada masalah bekalan, ketidakstabilan geopolitik dan turun naik pasaran yang boleh menjejaskan pertumbuhan. Walau bagaimanapun, kami akan lebih berhati-hati dan mengambil kira segenap faktor negatif ini kerana dengan pendekatan dan langkah strategik, LBS percaya kami berupaya meminimumkan kadar gangguan kepada perniagaan kami pada suku hadapan.”
-Tamat-
Untuk Siaran Segera
LBS CATAT PENINGKATAN KEUNTUNGAN SELEPAS CUKAI SEBANYAK 96% BAGI Q3FYE22
- Pendapatan meningkat 108% tahun ke tahun kepada RM528.9 juta daripada RM254.0 juta.
- Nilai jualan tanpa bil sebanyak RM2.54 bilion.
- Jumlah jualan hartanah (21 November 2022: RM1.83 bilion) – melepasi sasaran jualan 2022 sebanyak RM1.6 bilion.
Petaling Jaya, 21 November 2022 – LBS Bina Group Berhad (“LBS” atau “Kumpulan”) hari ini mengumumkan keputusan suku ketiga bagi tahun kewangan berakhir 31 Disember 2022 (“Q3FYE22”).
Bagi suku dalam tinjauan, LBS mencatatkan keputusan kewangan yang kukuh didorong oleh keuntungan yang memberangsangkan sebanyak RM528.9 juta dengan peningkatan tahun ke tahun sebanyak 108% berbanding daripada RM254.0 juta pada Q3FYE21. Keuntungan selepas cukai dan dan kepentingan bukan kawalan (“PATMI”) masing-masing meningkat sebanyak 96% dan 95%, dengan peningkatan tahun ke tahun, daripada RM20.0 juta kepada RM39.2 juta dan daripada RM18.1 juta kepada RM35.4 juta.
Segmen pembangunan hartanah kekal sebagai penyumbang terbesar kepada keuntungan Syarikat. Rekod pembangunan hartanah mencatatkan peningkatan dua kali ganda daripada RM243.2 juta kepada RM512.2 juta pada Q3FYE22. Pendapatan ini sebahagian besarnya didorong oleh kadar pengambilan positif daripada projek utama LBS di Bukit Jalil, LBS Alam Perdana, KITA @ Cybersouth dan Taman Perindustrian Alam Awana. Selain itu, Syarikat turut mengumumkan bahawa projek-projek pembangunan di Lembah Klang turut menyumbang lebih 85% kepada pendapatan Syarikat bagi tempoh kewangan semasa.
Bagi sembilan bulan berakhir 30 September 2022, pendapatan dan PATMI masing-masing melonjak sebanyak 46% dan 69% kepada RM1.3 bilion dan RM100.6 juta berbanding tempoh yang sama pada tahun 2021.
Syarikat turut mengumumkan bahawa sehingga 21 November 2022, LBS telah melepasi sasaran jualan hartanah RM1.6 bilion iaitu peningkatan 14% kepada RM1.83 bilion. Sehingga 31 Oktober 2022, LBS mempunyai bank tanah untuk pembangunan masa hadapan seluas 2,663 ekar dan nilai jualan tanpa bil sebanyak RM2.54 bilion.
Mengulas mengenai keputusan tersebut, Pengerusi Eksekutif LBS, Tan Sri Lim Hock San berkata, “LBS telah merekodkan prestasi yang sangat baik pada suku ini dan kami amat gembira dengan keputusan tersebut. Keadaan ini menunjukkan bahawa permintaan hartanah mampu milik akan terus kukuh dan relevan. LBS berada di landasan yang tepat dengan pembinaan pembangunan di lokasi dan kawasan strategik di samping harga berpatutan telah membuahkan hasil sekaligus berjaya mengekalkan prestasi yang baik sepanjang tahun 2022. LBS berhasrat untuk melancarkan hartanah bernilai RM424 juta pada suku keempat tahun ini dan ianya bakal memberikan kami kelebihan untuk mengakhiri tahun 2022 dengan cemerlang dan positif.”
Beliau menambah “Menerusi pengumuman terkini Bank Negara, Malaysia berkemungkinan menghadapi iklim ekonomi mencabar pada 2023, susulan daripada masalah bekalan, ketidakstabilan geopolitik dan turun naik pasaran yang boleh menjejaskan pertumbuhan. Walau bagaimanapun, kami akan lebih berhati-hati dan mengambil kira segenap faktor negatif ini kerana dengan pendekatan dan langkah strategik, LBS percaya kami berupaya meminimumkan kadar gangguan kepada perniagaan kami pada suku hadapan.”
-Tamat-
About LBS Bina Group Berhad
LBS Bina Group Berhad (“LBS”), an internationally recognized developer with a vision for building and inspiring delightful spaces, is a renowned township developer that has amassed numerous awards through their various developments. By placing people at the heart of their approach, LBS has been building and shaping the nation’s landscape for over 30 years while continuing to meet the market demands for quality and affordable homes.
The continued success of LBS is attributed to the leadership of Executive Chairman, Tan Sri Lim Hock San. In recognition of his leadership, Tan Sri Lim was named as the Property Man of the Year by Malaysia Property Award (formerly known as FIABCI Malaysia Property Awards of Distinction or FIABCI Malaysia Awards of Distinction) in 2018, which is the gold standard for developers in the real estate industry. Further recognition received was the “Oscar Award” in the property fraternity. The award was in recognition of Tan Sri Lim’s perseverance and resilience over time within the industry, excellent demonstration of strong leadership, deep industry knowledge and impeccable values of integrity and responsibility.
To date, LBS with vast land banks spread across Malaysia, will continue to grow in stature and strength, through replicating successful townships such as Bandar Saujana Putra to other parts of Selangor including KITA @ Cybersouth in Dengkil, LBS Alam Perdana in Bandar Puncak Alam and so on. Beyond property development, LBS is also venturing into retail management, hospitality and tourism.
For more information, visit https://lbs.com.my/
Prepared by:
Corporate Communication, Media & Digital, LBS
Email: [email protected]
即时发布
2022财年第3季业绩报捷
林木生集团税后盈利飙96%
- 营业额从2亿5400万令吉，按年增长108%至5亿2890万令吉。
- 强劲未进账销售，达25亿4000万令吉。
- 截至2022年11月21日房地产销售总额为18亿3000万令吉，超越2022全年16亿令吉销售额目标。
（八打灵再也21日讯）林木生集团（LBS）今日宣布截至12月31日2022财年第3季业绩。本季业绩表现出色，营业额多达5亿2890万令吉，比去年同期的2亿5400万令吉，高出108%。第3季税后盈利从2000万令吉，按年上扬96%至3920万令吉；税后盈利与非控制权益（PATMI）从1810万令吉，年起95%，达3540万令吉。
其中，房地产发展业仍是该集团的主要盈利贡献，其营业额从2亿4320万令吉，翻倍至5亿1220万令吉，主要归功于集团在武吉加里尔、LBS Alam Perdana、KITA @ Cybersouth 和 Alam Awana工业园的发展项目取得杰出认购率。该集团在巴生谷的开发项目，就对集团年初至今的营业额作出超过85%的贡献。
截至2022年9月30日的9个月内，该集团营业额按年扬升46%，至13亿令吉；PATMI为1亿60万令吉，年增69%。
该集团进一步宣布，该集团已远超越销售额目标，截至今年11月21日，获得18亿3000万令吉销售额，比全年16亿令吉销售额目标高出14%。截至今年10月31日，该集团拥有2663英亩地库，未进账销售额处健康水平，达25亿4000万令吉。
林木生集团执行主席丹斯里林福山针对业绩表现指出：“本集团在这季度的表现非常亮眼，我对业绩表现感到满意。令人鼓舞的是，市场对可负担房屋的需求持续强劲，加上我们所开发的项目位于战略位置，我们有望全年保持卓越表现。我们将在末季推出总值4亿2400万令吉房产，相信年底可迎来激动人心的时刻，让我们为2022年画上完美的句点。”
他补充，“国家银行预计，我国在2023年可能面临充满挑战的经济环境，这是由于供应链恶化、地缘政治不确定、以及市场波动，或对经济成长造成影响。然而，我们对这些负面因素抱持乐观谨慎态度，并相信通过专注战略实践方案，能够在未来几个季度内让业务的干扰度降到最低。”
~完~
即时发布
2022财年第3季业绩报捷
林木生集团税后盈利飙96%
- 营业额从2亿5400万令吉，按年增长108%至5亿2890万令吉。
- 强劲未进账销售，达25亿4000万令吉。
- 截至2022年11月21日房地产销售总额为18亿3000万令吉，超越2022全年16亿令吉销售额目标。
（八打灵再也21日讯）林木生集团（LBS）今日宣布截至12月31日2022财年第3季业绩。本季业绩表现出色，营业额多达5亿2890万令吉，比去年同期的2亿5400万令吉，高出108%。第3季税后盈利从2000万令吉，按年上扬96%至3920万令吉；税后盈利与非控制权益（PATMI）从1810万令吉，年起95%，达3540万令吉。
其中，房地产发展业仍是该集团的主要盈利贡献，其营业额从2亿4320万令吉，翻倍至5亿1220万令吉，主要归功于集团在武吉加里尔、LBS Alam Perdana、KITA @ Cybersouth 和 Alam Awana工业园的发展项目取得杰出认购率。该集团在巴生谷的开发项目，就对集团年初至今的营业额作出超过85%的贡献。
截至2022年9月30日的9个月内，该集团营业额按年扬升46%，至13亿令吉；PATMI为1亿60万令吉，年增69%。
该集团进一步宣布，该集团已远超越销售额目标，截至今年11月21日，获得18亿3000万令吉销售额，比全年16亿令吉销售额目标高出14%。截至今年10月31日，该集团拥有2663英亩地库，未进账销售额处健康水平，达25亿4000万令吉。
林木生集团执行主席丹斯里林福山针对业绩表现指出：“本集团在这季度的表现非常亮眼，我对业绩表现感到满意。令人鼓舞的是，市场对可负担房屋的需求持续强劲，加上我们所开发的项目位于战略位置，我们有望全年保持卓越表现。我们将在末季推出总值4亿2400万令吉房产，相信年底可迎来激动人心的时刻，让我们为2022年画上完美的句点。”
他补充，“国家银行预计，我国在2023年可能面临充满挑战的经济环境，这是由于供应链恶化、地缘政治不确定、以及市场波动，或对经济成长造成影响。然而，我们对这些负面因素抱持乐观谨慎态度，并相信通过专注战略实践方案，能够在未来几个季度内让业务的干扰度降到最低。”
~完~
关于林木生集团
屡获大奖的城镇发展商林木生集团（LBS）以打造和创建空间而声名卓著，享誉国际。在30多年来, LBS秉持着以人为本的核心宗旨，积极建立和塑造国家实景，同时不断满足市场对优质可负担房屋的需求。
如今，该集团的地库坐落马来西亚黄金地段。LBS以成功建造的太子城（Bandar Saujana Putra）城镇为例，继续在雪兰莪州及其他地区大展蓝图，如建造位于本查阿南的LBS Alam Perdana以及龙溪KITA @ Cybersouth城镇等。林木生集团的地位和实力也因而蓬勃增长，除了开发房地产，也涉足零售管理、酒店和旅游业。
林木生集团的茁壮成长，归功于集团执行主席丹斯里林福山的卓越领导。丹斯里林福山曾获多项表彰领导才能的奖项，包括在2018年荣获“世界不动产联盟大马分会（FIABCI Malaysia）颁发至高殊荣的产业风云人物奖，此荣誉也被堪称产业界“奥斯卡金像奖”。丹斯里林福山出色和强而有力的领导才能、丰富的业界知识、诚信、价值观及责任感，而荣获此项大奖。
欲了解更多信息，请游览https://lbs.com.my/
林木生公关与媒体部
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