Hap Seng Consolidated Bhd. · MYX:HAPSENG
Hap Seng Consolidated Bhd — Q4 2019 Earnings Presentation
15 slides from Hap Seng Consolidated Bhd's earnings presentation, Feb 27, 2020
Slide 1: 4th Quarter Ended 31 December 2019 Results
4th Quarter Ended 31 December 2019 Results 27 February 2020
Slide 2: Scope
Scope 1 Group financials 2 Operations review 2
Slide 3: Group financials
SECTION 1 Group financials
Slide 4: Consolidated income statement summary
Consolidated income statement summary ❑ The Group revenue for 4Q19 at RM1.77 billion was 24% above 4Q18 with higher revenue from (RM’ Million) 4Q19 4Q18 Change 2019 2018 Change Plantation, Property and Automotive Divisions whilst Revenue 1,773.9 1,425.9 24% 7,096.1 6,246.5 14% the Group’s revenue fo
Slide 5: Group segment results
Group segment results REVENUE OPERATING PROFIT REVENUE OPERATING PROFIT (RM’ Million) 4Q19 4Q18 Change 4Q19 4Q18 Change 2019 2018 Change 2019 2018 Change Plantation 124.9 96.1 30% 32.7 10.0 227% 418.6 390.8 7% 39.4 37.2 6% Property 1 576.2 195.2 195% 268.0 86.0 212% 2,068.4 1,171.1 77% 929.2 663.8 4
Slide 6: Group segment results – 4th Quarter
Group segment results – 4th Quarter Building Materials 1% Plantation Building 7% Plantation Materials Credit 9% 12% 16% Trading 23% Operating Revenue Property Profit 4Q19 31% 4Q19 Property Automotive Credit 74% 23% 4% Trading Plantation 3% 6% Plantation 7% Building Materials 17% Property 13% Propert
Slide 7: Group segment results – Full Year
Group segment results – Full Year Building Materials Plantation 3% 3% Trading Plantation 3% Building 6% Materials 12% Credit 20% Property Trading 28% Operating 30% Revenue Profit 2019 2019 Credit Automotive 4% Property 20% 71% Trading Plantation 5% 4% Automotive Plantation 2% Building 6% Materials P
Slide 8: Operations review
SECTION 2 Operations review
Slide 9: Plantations
Plantations Stronger results in 4Q19 on the back of higher CPO price and sales volume ❑ The 4Q19 results benefitted from higher sales volume and higher average selling prices realized for CPO. Consequently, this helped close the gap 4Q Revenue FY Revenue for the full year results which were affected
Slide 10: Property Investment and Development
Property Investment and Development Positive contribution from all segments 4Q Revenue FY Revenue ❑ Division’s revenue and operating profit for 4Q19 RM’ Mil 576.2 RM’ Mil and FY2019 were above last year on the back of 2,068.4 600 2,500 higher contribution from project, construction 2,000 activities,
Slide 11: Credit Financing
Credit Financing Loan base expanded moderately to RM3.88 billion 4Q Revenue FY Revenue ❑ The Division’s revenue and operating for RM’ Mil RM’ Mil 4Q19 were lower than last year due to lower 78.0 80.6 400 315.2 100 291.8 average loan base during the quarter and the 80 300 divestment of its business i
Slide 12: Automotive
Automotive Results affected by lower margin and start-up costs ❑ Revenue for 4Q19 and FY2019 were higher than last year with higher contribution from the aftersales, and 4Q Revenue FY Revenue 1,494.4 the commercial vehicles (“CV”) wholesale distribution RM’ Mil RM’ Mil 1,425.3 420.9 1,500 and retail
Slide 13: Trading
Trading Results affected by lower sales volume and compressed trading margin ❑ The Division comprises the fertilizers trading and general 4Q Revenue FY Revenue trading businesses. RM’ Mil RM’ Mil 541.1 2,180.3 2,228.6 ❑ Fertilizers trading’s revenue for 4Q19 and FY 2019 were 600 412.3 2,500 affected
Slide 14: Building Materials
Building Materials Improved operating profit post rationalization exercise 4Q Revenue FY Revenue ❑ The Division comprises the quarry, asphalts and bricks 249.8 979.0 businesses; manufacturing and trading of building RM’ Mil 220.2 RM’ Mil 863.0 materials by MMSB and trading of building materials 250
Slide 15: Thank You
@ HAP SENG Soin
Hap Seng Consolidated Berhad — Q4 2019 Earnings Presentation on 6ix