2018 UEM Edgenta Annual Report

MD/CEO’S STATEMENT DATO’ AZMIR MERICAN Managing Director/Chief Executive Officer I am happy to report that we have once again delivered another year of growth, and sincerely thank you for your trust as a shareholder. We approached the 2018 Financial Year (FY 2018) confidently but with caution, as we were well aware of the challenges that a volatile global economy could pose. While the Malaysian economy recorded strong growth in the first half of 2018, the second half of the year was atypical, with developments in the macroeconomic sphere unearthing headwinds which brought about changes for many businesses. We readjusted our approach to the new normal but kept on track with our strategy which was ‘mission-critical’ to deliver our promise as a public listed entity. THE STREAMLININGOF OUR BUSINESS AND COMMITMENT OF OUR PEOPLE TO IMPROVE OPERATIONAL EXCELLENCE IN 2017 LAID THE FOUNDATION FOR OUR PERFORMANCE IN 2018. ITWAS THIS DETERMINATIONTO CREATE VALUEWHICHHAS PAVED NEWWAYS ONHOWWEWORK, ANDNEWSERVICES TOPROVIDE TOOUR CLIENTS. ADOPTING TECHNOLOGY& INNOVATION AND THE INTRODUCTIONOF AMANUFACTURINGMINDSET FOROPERATIONAL EXCELLENCE HAS BEENPIVOTAL, AND I AM PLEASED TOREPORT THATNOT ONLYHAS THIS CONTRIBUTED TO THE GROWTHOF OUR EXISTING BUSINESSES BUT ALSO TO THE SUSTAINABILITYOF THE GROUP THROUGHNEWBUSINESSWINS. Revenue RM2,182.6 million 3.3% year-on-year Earnings Before Interest, Tax, Depreciation & Amortisation RM266.5 million 9.4% year-on-year Profit After Tax RM152.4 million 21.8% year-on-year FY2018 KEY PERFORMANCE HIGHLIGHTS Management Discussion & Analysis UEM Edgenta Berhad Annual Report 2018 About UEM Edgenta Chairman’s Statement 68