30 Performance Revi ew 02 Sect ion Ranhi ll Ut i l i t i es Berhad Water Consumption in Johor State (FY2018 – FY2022): 2018 2019 2020 2021 2022 Domestic (million m³) 295.1 304.6 316.4 320.8 316.5 Non-Domestic (million m³) 205.8 211.4 191.1 184.2 195.7 Total Consumption (million m³) 500.9 516.0 507.5 504.9 512.2 % Increase 4.6 3.0 -1.6 -0.5 1.5 2018 2019 2020 2021 2022 Domestic (% Increase) 2.9 3.2 3.9 1.4 -1.3 Non-Domestic (% Increase) 7.0 2.7 -9.6 -3.7 6.3 Ranhill looked to capitalise on the recovery in demand for water, energy, oil and gas and project management services. Through effectively implemented strategies, contract order book building activities and by continuing to adopt cost and operational efficiency, all operating sectors of the Group registered notable business and operational achievements (except for energy segments). In a similar vein, electricity consumption in Sabah had also improved. The increase in power supplied and sold by Ranhill’s power plant operations (on the back of increased consumption demand), is less apparent due to the nature of economic activities in Sabah; which is more retail and tourism based, compared to being industrial driven in peninsular Malaysia. The Group’s Engineering Services sector also registered increased business activities in FY2022. Underpinned by the upswing in exploration and production (“E & P”) activities in the oil and gas sector. There also was increased private sector projects tendered in FY2022 year-on-year. Revenue Contributors Environment sector: RM1,173.7 million (FY2021: RM1,159.0 million) 1.3% increased Energy sector: RM263.9 million (FY2021: RM220.9 million) 19.5% increased Engineering Services Sector: RM288.7 million (FY2021: RM151.0 million) 91.2% increased Group Earnings Performance Profit from Group operations: RM200.6 million (FY2021: RM95.1 million) Dividends Declared 2.5 sen per share with total dividend payout of RM32.2 million (FY2021: 0.99 sen per share with total dividend payout of RM12.7 million) MANAGEMENT DI SCUSS ION & ANALYS I S As the exclusive provider of source-to-tap water in Malaysia’s second most populous state since 1999, Ranhill SAJ supports the state’s robust growth and development by ensuring the availability and efficient management of quality water supply
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