BUSINESS REVIEW p.94 UEM EDGENTA BERHAD INTEGRATED ANNUAL REPORT 2022 PROPERTY & FACILITY SOLUTIONS Utilising cutting-edge technology, our Property & Facility Solutions division provides building owners with a holistic view of their assets, processes and people, empowering actions that enhance liveability, drive sustainability and deliver cost savings. p.95 1 2 3 4 5 6 7 8 9 MANAGEMENT DISCUSSION & ANALYSIS PROPERTY & FACILITY SOLUTIONS FINANCIAL PERFORMANCE (RM million) Revenue (RM million) PBT 2021 2021 2022 2022 165.9 170.9 7.7 21.0 Furthered our implementation of automation and mechanisation, especially in the housekeeping and cleaning service delivery sectors Explored the use of security management software and smart building technologies to drive process efficiency Increased manpower costs due to the new minimum wage and laws relating to working hours and overtime claim allowances Collaborated with local higher institutions to develop local talents that meet our hiring needs Explored the viability of deploying robotic cleaning at suitable client sites Manpower shortages (specifically amongst skilled technicians and unskilled workers) KEY CHALLENGES MITIGATING ACTIONS OUTLOOK KEY ACHIEVEMENTS Added RM118 million to our order book Key achievements in sustainability: • Secured EPC valued at RM110 million with a five to eight year tenure • Reduced electrical energy consumption from 10% to 52% • Saved a total of 38 million kWh in electricity, amounting to RM16 million in cost savings • Achieved an 11% reduction in water consumption • Achieved 7,441 tCO2 in carbon emissions reductions from EPC projects • Assisted 19 buildings in achieving GBI-rated and LEED certifications The return to pre-pandemic routines, with all economic sectors allowed to resume operations, will lead to an improved environment for business and investment in 2023 I ncreases in FDI inflows, especially within the manufacturing sector, and the continued growth of e-commerce means that demand for industrial space will continue to rise The biggest threat to our business will come from cost escalation in goods and services, continued staff shortages and caution in spending caused by the anticipated global economic slowdown On a positive note, the formation of a unity government in Malaysia augurs well for political stability and should further encourage investment and business growth Nevertheless, our pace of growth will be affected by whether a global recession occurs, as well as its severity and duration Energy Efficiency Contracting Cloud-based Maintenance Systems Integration for Smart Building Conversion Performance-based Contracting Performance-based Maintenance Services KEY FOCUS AREAS Acquire new customers • Secured contracts with leading companies in Malaysia, including: Hard services maintenance for Maybank and Tenaga Nasional Berhad (“TNB”) Building Condition Assessment (“BCA”) for the Employees Provident Fund (“EPF”) Board • Provided services to a range of customers, including: Non-comprehensive facilities management for Imperia Office Tower in Iskandar Puteri, Johor and four assets of Bank Negara Malaysia – Recovery Centre Shah Alam, JB, Sasana Kijang and Tunas Kijang Air-conditioning maintenance work for all Maybank branches in Pahang Building condition auditing for selected assets within EPF’s domestic real estate portfolio and TNB’s hard services in Pahang Grow our sustainability portfolio • Secured a contract for energy efficiency performance with Avisena Hospital, Shah Alam • Secured our first solar energy project through a contract with Hotel Permai, Kuala Terengganu KEY INITIATIVES RESULTS
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