2018 UEM Edgenta Annual Report

BUSINESS REVIEW - ASSET CONSULTANCY WE ARE A MULTI DISCIPLINARY CONSULTANCY WITH CAPABILITIES IN PROJECT DELIVERY, ASSET MANAGEMENT AND ENGINEERING DESIGN. WE HAVE OVER THIRTY YEARS OF EXPERIENCE, A RESPECTABLE TRACK RECORD IN MAJOR INFRASTRUCTURE PROJECTS AND A FIRM FOOTHOLD IN MALAYSIA. Secured a Letter of Intent (“LOI”) for Coastal Road Network and Second Trunk Road project in Sarawak Continue to maintain (and exceed) target EPI (“Expressway Pavement Index”) for Good + Fair of 90% as mandated by Malaysia Highway Authority (“MHA”), a testament to our high service levels Developed End-to-End (“E2E”) Process and Project Execution Control (“PEC”) System Development that enhances governance and efficiency of projects 24.3 7.7 • Consultancy recorded lower revenue of RM114.1 million for the year, mainly contributed by lower consultancy work done on the back of delays in materialisation of works for the Pan Borneo Highway as well as several targeted key infrastructure projects that did not materialise. • Consultancy recorded lower EBITDA and PAT by RM 21.6 million and RM16.6 million respectively during the year on the back of lower revenue. Revenue EBITDA PAT 2018 2017 FINANCIAL PERFORMANCE (RM million) 114.1 180.9 11.6 33.2 KEY ACHIEVEMENTS Management Discussion & Analysis UEM Edgenta Berhad Annual Report 2018 About UEM Edgenta Chairman’s Statement 94