TAN SRI DR. AZMIL KHALID Independent Non-Executive Chairman CHAIRMAN’S STATEMENT Dear valued stakeholders, 2022 was a seminal year for the Group. Driven to evolve by changing realities, we are now truly global both in presence and mindset, with an appetite to solidify our position as a technologydriven innovator across sectors and geographies. However, our drive to capture new opportunities has not swayed our attention from what matters most – delivering sustainable value for our people, our communities and our nation. The notable progress that we have made across these dimensions is a testament to how fully the Edgenta Way of doing business has become embedded across our people and processes. It indicates, crucially, that we have secured the buy-in of our teams towards embracing transformation that delivers results for our bottom line and our sustainability agenda alike, in line with the theme of this year’s report – Driving Technology, Advancing Sustainability. It is this holistic approach – and its varied and encouraging outcomes - that I shall aim to articulate in this statement. DELIVERING ON OUR STRATEGIC IMPERATIVES Creating sustainable value begins with being a sustainable business and in this respect we have taken great strides during the past year. By leveraging strategic partnerships and continuously investing in our digital capabilities through Edgenta NXT, our dedicated digital venture, we’ve made significant progress in the commercialisation of Asseto and our other digital solutions. Meanwhile, we have also gained traction in providing technology-driven green building solutions and integrated healthcare and facility solutions to our clients. These positive developments have served to further drive our differentiation in the increasingly competitive landscape for asset and facilities management. As a result, we delivered a commendable 10.1% increase in both revenue and Normalised PAT during the year under review. This was achieved amidst a challenging, high cost operating environment and is a testament to the effectiveness of our operational efficiency and cost optimisation efforts. During 2022, we also secured RM1.36 billion in new wins – a 30% year-on-year increase - with 62% of these contracts being awarded for projects outside our home base of Malaysia. As a result of our strong performance, we issued an increased dividend of 4 sen per share for the financial year ended 31 December 2022, consistent with our policy of providing optimum shareholder returns. Just as important as our results, however, has been our attendant shift in mindset – from being a mere protector to an enhancer of asset value, integrating technologies into traditional setups in order to enhance the lives of people who use the facility and empower asset owners to track and improve their sustainability performance. By positioning ourselves as a technology and sustainability-centric company, we are moving up the value chain and strengthening our proposition in the global market. p.31 p.30 1 2 3 4 5 6 7 8 9 UEM EDGENTA BERHAD INTEGRATED ANNUAL REPORT 2022 KEY MESSAGE
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