Dksh Holdings (malaysia) Bhd. · MYX:DKSH
Dksh Holdings (malaysia) Bhd — Q1 2024 Earnings Presentation
29 slides from Dksh Holdings (malaysia) Bhd's earnings presentation, May 21, 2024
Slide 1: DKSH Q1 2024 Analyst and Investor Presentation
DKSH Q1 2024 Analyst and Investor Presentation Stephen Ferraby, Head Corporate Affairs & Strategic Investments and Non-Independent Non-Executive Chairman, DKSH Malaysia May 21, 2024 Delivering Growth – in Asia and Beyond. Page 1
Slide 2: Agenda
Agenda 1. About DKSH Group 2. DKSH Malaysia at a Glance 3. Q1 2024 Results 4. Outlook Page 2
Slide 3: About DKSH Group
1 About DKSH Group Page 3
Slide 4: Who We Are
Who We Are Your Trusted Partner We enrich people’s lives by providing access to goods, services, and insights. United by our vision to be the trusted partner, we help companies grow. Page 4
Slide 5: DKSH Is a Successful Market Leader
DKSH Is a Successful Market Leader Nearly 4,800 29,040 160 years’ experience clients & suppliers specialists 11.1 billion >10 years 19.9 Net sales (2023) 4 markets million average client relationship1 transactions per year 1 Top 200 clients by net sales Page 5
Slide 6: We Support Companies to Grow Their Business…
We Support Companies to Grow Their Business… • Helping companies to grow their business in new and existing markets • Providing business partners with the knowledge, advice, relationships, and on-the-ground logistics to reach their individual growth goals • Expanding their access to knowledge, their
Slide 7: …With a Comprehensive, Tailor-Made Portfolio of Services
…With a Comprehensive, Tailor-Made Portfolio of Services Market Expansion Services goes beyond offering individual services – it is about the integration of many different services to meet the needs of business partners Distribution Market Marketing After-Sales Sourcing and Insights and Sales Servic
Slide 8: DKSH Malaysia at a Glance
2 DKSH Malaysia at a Glance Page 8
Slide 9: DKSH Malaysia at a Glance
DKSH Malaysia at a Glance Page 9
Slide 10: Three Specialized Business Segments
Three Specialized Business Segments Consumer Goods Healthcare Others • Fast Moving Consumer Goods • Healthcare • Famous Amos • Food Services • Others – overheads Leading the Market Expansion Services industry with tailored solutions across the value chain Page 10
Slide 11: Consumer Goods Segment
Consumer Goods Segment Fast Moving Consumer Goods (FMCG) • Food (Nutritional products, snacks, beverages, dairy etc) • Non-food (Personal care, home care, baby and child care, consumer health etc) • Pet care Food Services • Provide customers high quality ingredients and the latest industry innovatio
Slide 12: DKSH Malaysia Achieves TAPA FSR Certification for Consumer Goods Distribution Center
DKSH Malaysia Achieves TAPA FSR Certification for Consumer Goods Distribution Center DKSH Malaysia’s Consumer Goods (CGL) 3 distribution center in Shah Alam has achieved a level "C" certification for Facility Security Requirements (FSR) from Transported Asset Protection Association (TAPA), marking t
Slide 13: DKSH Enters Strategic Partnership with Iscon Balaji Foods in West Malaysia
DKSH Enters Strategic Partnership with Iscon Balaji Foods in West Malaysia DKSH has started a new partnership with Iscon Balaji Foods to facilitate the growth and expansion of Pommetos frozen fries product line in the West Malaysia Food Services industry. Page 13
Slide 14: Healthcare Segment
Healthcare Segment Healthcare • Pharmaceuticals • OTC & Consumer Health • Medical Devices Page 14
Slide 15: DKSH and Glenmark Expand Partnership to Distribute Healthcare Products in Malaysia
DKSH and Glenmark Expand Partnership to Distribute Healthcare Products in Malaysia DKSH expanded partnership with Glenmark, a global pharmaceutical firm, to offer a wide range of its products focusing on dermatology, respiratory, and women health in Malaysia. This marks the third partnership between
Slide 16: Others Segment
Others Segment At the end of FY2023, there were a total of 91 outlets located in West and East Malaysia as well as two outlets in Brunei Page 16
Slide 17: Serving International Clients…
Serving International Clients… Trusted Partner for Well-Known International Brands Consumer Goods: Healthcare: Page 17
Slide 18: …and Local Brands
…and Local Brands Reliable Partner for Asian Brands In Malaysia for Malaysia Page 18
Slide 19: Q1 2024 Results
3 Q1 2024 Results Page 19
Slide 20: Q1 2024 Results
Q1 2024 Results Q1 2024 Results Financials Comments (in RM millions) Q1 2024 Q1 2023 Change % • Revenue improved by 5.3% due to: ✓ Strong growth from existing clients and sales from new Revenue 2,068.1 1,963.4 5.3% clients in the Healthcare segment Profit before interest and ✓ Higher outlet sales fo
Slide 21: Consumer Goods Segment
Q1 2024 Results Consumer Goods Segment Financials Comments (in RM millions) Q1 2024 Q1 2023 Change % • Revenue remained resilient, with soft consumer demand Revenue 1,127.3 1,136.7 (0.8%) • Segment profit was 2.7% higher due to lower logistic costs and Segment profit before personnel costs 38.8 37.8
Slide 22: Healthcare Segment
Q1 2024 Results Healthcare Segment Financials Comments (in RM millions) Q1 2024 Q1 2023 Change % • Revenue improved by 13.6% due to strong growth from existing and newly secured clients Revenue 916.3 806.5 13.6% • Segment profit increased by 14.2% as a result of sales growth Segment profit before 21
Slide 23: Others Segment
Q1 2024 Results Others Segment Financials Comments (in RM millions) Q1 2024 Q1 2023 Change % • Revenue grew by 20.7%, contributed by stronger festive sales and benefit of price adjustment (from mid-June 2023) Revenue 24.4 20.2 20.7% • Segment loss improved by 73.3% as a result of strong sales in the
Slide 24: Cash Flows
Q1 2024 Results Cash Flows Financials Comments (in RM millions) Q1 2024 Q1 2023 • Lower cash flows used in operating activities driven by improved inventory management from both Consumer Goods and Net cash flows used in operating Healthcare segments. (15.5) (94.6) activities • As a results of improv
Slide 25: Outlook
4 Outlook Page 25
Slide 26: Outlook
Outlook • While the current macroeconomic environment poses certain challenges, the Group has a well-diversified portfolio. • Continue to prioritize in gaining new businesses, optimizing productivity, and managing working capital. • To sustain our success, we will continue to focus on enhancing our
Slide 27: Two market trends…
Two market trends… 1 Growing middle class in Malaysia 2 Trend towards outsourcing Increased spending on value-for-money consumer goods and healthcare products Investments in local infrastructure and industries …boost expansion, consumer/industrial spending as well as MES industry Page 27
Slide 28: We welcome your questions
We welcome your questions Page 28
Slide 29: Thank you for your attention
Thank you for your attention Delivering Growth – in Asia and Beyond. Page 29
DKSH Holdings (Malaysia) — Q1 2024 Earnings Presentation on 6ix