Malakoff Faces Fluctuating Coal Prices Challenge, Posts RM9b Revenue for FY23
Malakoff Faces Fluctuating Coal Prices Challenge, Posts RM9b Revenue for FY23
Malakoff Corp Bhd recorded a revenue of RM2.262 billion for the quarter ended Dec 31, 2023 (4Q23), a decrease of 24% from the same period a year earlier.
截至2023年12月31日的季度（第二季度），馬拉科夫公司有限公司的收入爲22.62億令吉，比去年同期下降24％。
The decline was primarily due to lower energy payment recorded from Tanjung Bin Power Sdn Bhd (TBP) impacted by the decline in applicable coal price (ACP) and the absence of revenue contribution from GB3 Sdn Bhd following the expiry of its power purchase agreement (PPA) on Dec 30, 2022.
下降的主要原因是丹絨賓電力私人有限公司（TBP）的能源支出減少，這受到適用煤炭價格（ACP）下降的影響，以及GB3 Sdn Bhd在其購電協議（PPA）於2022年12月30日到期後沒有收入貢獻。
However, these were partially moderated by higher energy payment and capacity income recorded from Tanjung Bin Energy Sdn Bhd (TBE) given the higher despatch factor and shorter duration of plant outage.
但是，鑑於調度係數較高且停電時間較短，丹絨賓能源私人有限公司（TBE）的能源支出和產能收入的增加在一定程度上抑制了這些影響。
The group posted a loss after tax and minority interests (LATMI) of RM357.1 million for 4Q23 versus RM41.9 million of profit after tax and minority interests (PATMI) in the previous corresponding quarter, primarily due to a substantial share of loss from its 40% foreign associate in Bahrain – Al-Hidd Independent Water and Power Producer (IWPP) and a further impairment loss on the group's carrying value of investment in Al-Hidd IWPP.
該集團公佈的23年第四季度稅後虧損和少數股權（LATMI）爲3.571億令吉，而上一季度的稅後利潤和少數權益（PATMI）爲4190萬令吉，這主要是由於其在巴林的40％外國子公司——Al-Hidd獨立水電生產商（IWPP）的巨額虧損，以及該集團對Al-Hidd IWPP的投資賬面價值的進一步減值損失。
Excluding the substantial share of loss from Al-Hidd IWPP and impairment loss on the group's carrying value of investment in Al-Hidd IWPP, Malakoff recorded a PATMI of RM72.0 million in the quarter.
不包括Al-Hidd IWPP的大部分虧損以及該集團對Al-Hidd IWPP投資的賬面價值的減值虧損，馬拉科夫在本季度錄得的PATMI爲7,200萬令吉。
For the quarter under review, Alam Flora Sdn Bhd posted a PATMI of RM23.7 million against RM0.7 million reported in the previous corresponding quarter.
在本報告所述季度，Alam Flora Sdn Bhd公佈的PATMI爲2370萬令吉，而上一季度公佈的PATMI爲70萬令吉。
For the financial year ended Dec 31, 2023 (FY23), Malakoff posted a net loss of RM884.4 million on a turnover of RM9.067 billion.
在截至2023年12月31日的財政年度（FY23）中，馬拉科夫公佈淨虧損8.844億令吉，營業額爲90.67億令吉。
Malakoff MD/group CEO Anwar Syahrin Abdul Ajib said in the past year, the independent power producer (IPP) had faced challenges mainly due to fluctuating coal prices.
馬拉科夫總經理/集團首席執行官安瓦爾·夏林·阿卜杜勒·阿吉布表示，在過去的一年中，獨立電力生產商（IPP）面臨的挑戰主要是由於煤炭價格的波動。
"As the leading IPP, we understand the impact of financial uncertainties on our operations due to the rising fuel costs which caused setbacks in our fuel margins. The ACP added to the challenges, and as it decreased, we had to use coal at rates higher than the average, significantly affecting our financial performance," he said in a statement.
“作爲領先的IPP，我們了解財務不確定性對我們運營的影響，這是由於燃料成本上漲導致我們的燃料利潤率下降所致。非加太集團加劇了挑戰，隨着煤炭的減少，我們不得不以高於平均水平的費率使用煤炭，這極大地影響了我們的財務業績。” 他在一份聲明中說。
However, he noted that even in a challenging business environment, Malakoff accomplished a significant feat domestically, generating almost 30 TWh of electricity in FY2023.
但是，他指出，即使在充滿挑戰的商業環境中，馬拉科夫在國內也取得了一項重大成就，在 FY2023 中發電了近 30 太瓦時的電力。
"This marks a noteworthy increase of 6.98% compared to FY2022, despite the absence of contribution from our expired GB3 gas plant. Furthermore, we have been making great progress in expanding our RE portfolio.
“儘管我們到期的GB3天然氣廠沒有捐款，但與 FY2022 相比，這標誌着顯著增長了6.98％。此外，我們在擴大可再生能源產品組合方面取得了長足的進展。
"We successfully achieved financial close for RP Small Hydro Kelantan in July 2023 and secured a total of 18.2 MW of rooftop solar projects throughout 2023," he said.
他說：“我們在2023年7月成功完成了吉蘭丹RP Small Hydro的財務結算，並在2023年全年確保了總計18.2兆瓦的屋頂太陽能項目。”
In December 2023, Malakoff had signed an agreement with Abu Dhabi Future Energy Company PJSC-Masdar (MASDAR) to explore opportunities and initiate solar photovoltaic power plant projects with a targeted total capacity of up to 1,000 MW.
2023年12月，馬拉科夫與阿布扎比未來能源公司PJSC-Masdar（MASDAR）簽署了一項協議，以探索機會並啓動太陽能光伏電站項目，目標總容量高達1,000兆瓦。
In addition, it launched its electric vehicle (EV) charging infrastructure services in partnership with Gas Malaysia, marking its entry into this domain.
此外，它與馬來西亞天然氣公司合作推出了電動汽車（EV）充電基礎設施服務，標誌着其進入該領域。
On the environmental solutions front, it has established the Recovery Initiative Sustainable EcoFacility Kuala Lumpur (RISE@KL) at Batu Caves, Gombak in September 2023.
在環境解決方案方面，它已於2023年9月在貢巴克的黑風洞建立了吉隆坡可持續生態設施恢復倡議（RISE @KL）。
He said Malakoff has also made significant progress in securing a waste-to-energy (WTE) plant, which will help reduce reliance on landfills, divert waste for RE generation and decrease GHG emissions significantly compared to traditional incineration.
他說，與傳統焚燒相比，馬拉科夫在確保廢物轉化能源（WTE）發電廠方面也取得了重大進展，這將有助於減少對垃圾填埋場的依賴，將廢物轉用於可再生能源發電，並顯著減少溫室氣體排放。
At Johor Port, it has completed 80% of the foundation work for port recovery facilities and it has acquired a 49% stake in E-Idaman Sdn Bhd, enabling it to provide solid waste collection and public cleansing management services for Kedah and Perlis in Peninsular Malaysia.
在柔佛港，它已經完成了80％的港口回收設施基礎工程，並收購了E-Idaman Sdn Bhd49％的股份，使其能夠爲馬來西亞半島的吉打州和玻璃市提供固體廢物收集和公共清潔管理服務。
"As we strive to integrate non-renewable sources with renewable sources, fostering a harmonious interdependence of both energies, we are championing biomass co-firing at our Tanjung Bin coal plant. This initiative holds significance as it plays as a key component within the framework of the National Energy Transition Roadmap (NETR).
“在我們努力整合不可再生能源和可再生能源，促進兩種能源的和諧相互依存關係的同時，我們倡導在丹絨賓燃煤電廠使用生物質共燃。該計劃具有重要意義，因爲它是國家能源轉型路線圖（NETR）框架內的關鍵組成部分。
"Looking ahead, we aim to expand our presence both locally and internationally by leveraging on our technical expertise. We are actively participating in competitive bids for solar projects initiated by the Malaysian Government.
“展望未來，我們的目標是利用我們的技術專長擴大我們在本地和國際上的影響力。我們正在積極參與馬來西亞政府發起的太陽能項目的競爭性競標。
"Additionally, we are open to potential mergers and acquisitions in the waste management and environmental solutions sector. Our commitment extends to continually exploring and implementing viable green technologies for the advancement of Malakoff," he said.
“此外，我們對廢物管理和環境解決方案領域的潛在合併和收購持開放態度。我們的承諾延伸到不斷探索和實施可行的綠色技術，以促進馬拉科夫的發展，” 他說。
Malakoff shares, which closed at 66 sen on Friday (Feb 23), were trading at 62.5 sen at 11.30am today.
馬拉科夫股票週五（2月23日）收於66仙，今天上午11點30分的交易價格爲62.5先令。
譯文內容由第三人軟體翻譯。