IJM Corporation Berhad Presents at Credit Suisse 16th Asian Investment Conference 2013, Mar-18-2013 . Venue: Conrad Hotel, 88 Queensway, Admiralty, Hong Kong.

IJM Corporation Berhad announced unaudited earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company’s revenue was MYR 1,225,347,000 compared to MYR 1,172,363,000 for the same period in 2011. Profit before taxation was MYR 222,180,000 compared to MYR 247,721,000 for the same period in 2011. Net profit attributable to owners of the company was MYR 130,371,000 or 9.31 sen per fully diluted share compared to MYR 135,234,000 or 9.62 sen per fully diluted share for the same period in 2011. For the nine months, the company’s revenue was MYR 3,408,844,000 compared to MYR 3,303,881,000 for the same period in 2011. Profit before taxation was MYR 621,675,000 compared to MYR 610,771,000 for the same period in 2011. Net profit attributable to owners of the company was MYR 356,462,000 or 25.42 sen per fully diluted share compared to MYR 325,041,000 or 23.23 sen per fully diluted share for the same period in 2011. Net cash flow from operating activities was MYR 481,465,000 compared to MYR 569,163,000 for the same period in 2011. Purchases of property, plant and equipment, development and leasehold land, investment properties, concession assets, plantation development expenditure and deferred expenditure was MYR 699,756,000 compared to MYR 510,267,000 for the same period in 2011.

IJM Corporation Berhad reported un-audited consolidated earnings results for the second quarter and six months ended September 30, 2012. For the quarter, the company reported operating revenue of MYR 1,141,811,000 compared to MYR 1,097,727,000, operating profit before finance cost of MYR 272,335,000 compared to MYR 205,799,000, operating profit after finance cost of MYR 229,537,000 compared to MYR 157,698,000, profit before taxation of MYR 233,280,000 compared to MYR 161,440,000 and net profit attributable to owners of the company of MYR 137,258,000 or 9.80 sen per diluted share compared to MYR 74,777,000 or 5.32 sen per diluted share for the last year. The group's pre-tax profit rose 40.4% compared to that of the immediate preceding quarter mainly due to: i. unrealised foreign exchange gain of MYR 22.8 million compared to an unrealised foreign exchange loss of MYR 31.0 million in the immediate preceding quarter. These foreign exchange gains/losses arose mainly from USD denominated borrowings used to finance the group's investments in India and the Indonesian operations. ii. higher plantation yields with production of fresh fruit bunches (FFB) increasing by 48.2% compared to the immediate preceding quarter as plantations began moving out from its traditional low crop season. For the six months, the company reported operating revenue of MYR 2,183,497,000 compared to MYR 2,131,518,000, operating profit before finance cost of MYR 473,478,000 compared to MYR 464,530,000, operating profit after finance cost of MYR 388,375,000 compared to MYR 366,127,000, profit before taxation of MYR 399,495,000 compared to MYR 363,050,000, net profit attributable to owners of the company of MYR 226,091,000 or 16.11 sen per diluted share compared to MYR 189,807,000 or 13.58 sen per diluted share, net cash flow from operating activities of MYR 336,104,000 compared to MYR 247,595,000 and purchases of property, plant and equipment, development and leasehold land, investment properties, concession assets, plantation development expenditure and deferred expenditure of MYR 479,623,000 compared to MYR 308,248,000 for the last year. The company has declared a single tier first interim dividend in respect of the financial year ending 31 March 2013 of 4 sen per share to be paid on 21 December 2012 to every member who is entitled to receive the dividend at the close of business on 14 December 2012.