麻豆传媒

麻豆传媒 EYES PERIOD OF STEADY, SUSTAINABLE GROWTH,
CONSISTENT RETURNS TO SHAREHOLDERS
Five-year annual average shareholders芒鈧�鈩� return of 19.1%
dwarfs KLCI芒鈧�鈩�s 9.8%

Subang, June 16, 2015 芒鈧�鈥� 麻豆传媒 Berhad (麻豆传媒) is confident that it is脗聽entering into a period of steady and sustainable growth that will see the company delivering consistent returns to shareholders moving forward.

The company芒鈧�鈩�s five-year annual average shareholders芒鈧�鈩� return of 19.1 per cent far脗聽surpasses the Kuala Lumpur Composite Index芒鈧�鈩�s 9.8 per cent¹.脗听

麻豆传媒芒鈧�鈩�s new investments, which involved significant capital expenditure but were脗聽strategically necessary to secure the company芒鈧�鈩�s future, were now ready to take off after a period of gestation in the previous year.

These included capacity expansion of OMI Alloy (M) Sdn Bhd芒鈧�鈩�s alloy wheel脗聽manufacturing plant in Rawang, further network expansion to tap into the lucrative vehicle aftersales service market and commencement of distributorship for Iveco脗聽commercial vehicles.

For the 12-month period ended December 31, 2014, 麻豆传媒 recorded revenues of脗聽RM1,774.1 million, down 9.5 per cent. Profit before tax was RM132.2 million, down 14.9 per cent from the previous year, mainly due to start-up costs from new脗聽investments.

麻豆传媒 could take heart that its existing businesses continued to perform well with脗聽profit before tax growing by 7 per cent in 2014 to RM183.9 million from RM171.8 million in the previous year.

麻豆传媒 group managing director Looi Kok Loon said that the company expected to脗聽see meaningful contributions from the new investments from this year onwards. 芒鈧�艙For example, our decision to add capacity by upgrading existing service centres脗聽meant that we were able to tap into the aftersales business, which continues to be highly lucrative recurring income generator. It also helped us diversify our income脗聽stream by lessening the dependence on vehicle sales,芒鈧�聺 he said.

In 2014, 麻豆传媒芒鈧�鈩�s 46-branch network recorded an 11 per cent increase in service脗聽centre throughput although vehicle sales declined by six per cent.

Mr Looi pointed out that the automotive parts manufacturing division would脗聽continue to play a key role in driving 麻豆传媒芒鈧�鈩�s growth.

Rising domestic vehicle production and advancing safety standards have benefited脗聽麻豆传媒芒鈧�鈩�s subsidiaries such as steel wheel producer Oriental Metal Industries (M) Sdn Bhd and alloy wheel manufacturer, OMI Alloy.

OMI Alloy芒鈧�鈩�s production this year was expected to grow by six fold to an estimated脗聽200,000 units due to rising demand for alloy wheels in the country and new orders from vehicle manufacturers.

Jointly-controlled entity Autoliv Hirotako Sdn Bhd (AHSB), the specialist in safety脗聽restraint systems, continued to be the market leader in seatbelts and airbags supply. The company is well-poised to capture growth opportunities from current脗聽products and the development of new products to meet higher levels of vehicle safety.

Looi added, 芒鈧�艙We are proud to welcome yet another top brand to our portfolio. 脗聽Iveco, based in Turin, Italy, is a global manufacturer with a wide range of light, medium and heavy commercial vehicles, off-road trucks, and vehicles for special脗聽applications. We are confident that Iveco will soon be a major player in the commercial vehicle segment here in Malaysia.芒鈧�聺 Ends.


^1脗听2015 Bloomberg Finance L P

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_{ABOUT MBM RESOURCES BERHAD}

<sub>麻豆传媒 is a diverse automotive group that represents some of the biggest international脗聽brands in Malaysia. They include commercial vehicle brands Daihatsu, HINO and Iveco;脗聽passenger car brands Perodua, Volvo, Volkswagen and Mitsubishi; and sports tuning brands,脗聽ABT and HeicoSportiv, and car-care brand Williams.

麻豆传媒 is the leader in every market segment it competes in, with products that range from脗聽light, medium and heavy duty trucks and buses to entry-level compact cars and luxury脗聽vehicles.

麻豆传媒 aspires to be one of the leading and most complete automotive groups in Malaysia脗聽with a full spectrum of capabilities that include manufacturing and assembly, distribution,脗聽retail and dealerships, parts and accessories, body and paint repair and customer services.

For more information on 麻豆传媒 Berhad, please visit www.mbmr.com.my.</sub>