Hap Seng Consolidated Bhd. · MYX:HAPSENG

Hap Seng Consolidated Bhd — Q1 2022 Earnings Presentation

14 slides from Hap Seng Consolidated Bhd's earnings presentation, May 30, 2022

  1. Slide 1: 1st Quarter Ended 31 March 2022 Results

    1st Quarter Ended 31 March 2022 Results 30 May 2022

  2. Slide 2: Scope

    Scope 1 Group Financials 2 Operations Review 2

  3. Slide 3: Section 1: Group Financials

    SECTION 1 Group Financials

  4. Slide 4: Consolidated income statement summary

    Consolidated income statement summary  The Group’s businesses in 1Q22 benefitted from (RM’ Million) 1Q22 1Q21 Change improving domestic demand as economic Revenue 1,645.4 1,277.5 29% activities continued to normalize with the easing of COVID-19 containment measures. Gross profit 1 441.1 378.9 16% E

  5. Slide 5: Group segment results

    Group segment results REVENUE OPERATING PROFIT (RM’ Million) 1Q22 1Q21 Change 1Q22 1Q21 Change Plantation 242.2 121.3 100% 125.6 39.8 215% Property 1 131.1 267.8 (51%) 62.3 143.6 (57%) Credit Financing 61.6 73.4 (16%) 49.2 55.9 (12%) Automotive 371.3 312.2 19% 10.9 2.5 333% Trading 785.5 441.0 78% 7

  6. Slide 6: Group segment results – 1st Quarter

    Group segment results – 1st Quarter Plantation Building Materials Building Materials 14% 6% Plantation 8% Property 37% 8% Trading 22% Revenue Credit Operating 1Q22 4% Profit Trading 45% Automotive 1Q22 3% Automotive Credit Property 21% 14% 18% Building Plantation Building Materials 6% Materials 9% P

  7. Slide 7: Section 2: Operations Review

    SECTION 2 Operations Review

  8. Slide 8: Plantations

    Plantations Results benefitted from higher selling prices and higher sales volume  Revenue and Operating Profit for 1Q22 were significantly higher than last 1Q Revenue year with significantly higher average selling prices and higher sales RM’ Mil volume of all palm products. 242.2  Sales volume fo

  9. Slide 9: Property Investment and Development

    Property Investment and Development Lower land sales for the quarter  The Division’s results for 1Q22 were affected by lower sales 1Q Revenue from property development projects and non-strategic RM’ Mil 267.8 properties. 300  The property development segment continued to be affected 131.1 by cauti

  10. Slide 10: Credit Financing

    Credit Financing Results dampened by lower loan base  The Division’s revenue and Operating Profit for 1Q22 were 1Q Revenue 16% and 12% lower than 1Q21 respectively, mainly due to RM’ Mil 73.4 lower contribution from its Malaysian operations. 61.6 80  Malaysian operations results were affected by l

  11. Slide 11: Automotive

    Automotive Improved results from both PV & CV  The Division’s revenue for 1Q22 improved over last year by 19% with 1Q Revenue higher contribution from both passenger vehicles (“PV”) and RM’ Mil 371.3 commercial vehicles (“CV”) segment. 312.2 400  The PV segment achieved 22% higher revenue than las

  12. Slide 12: Trading

    Trading All segments registered higher revenue & operating profit  The Division comprises the fertilizers trading (“FT”) , general 1Q Revenue trading (“GT”), and ceramic tiles business under Malaysian RM’ Mil 785.5 Mosaics Sdn Bhd (“MMSB”). 800 441.0  Division’s revenue for 1Q22 at RM785.5 million

  13. Slide 13: Building Materials

    Building Materials Higher revenue and operating profit from both QBM & Hafary  The Division comprises the quarry, asphalts and bricks businesses 1Q Revenue (“QBM”); and trading of building materials by Hafary (“Hafary”). RM’ Mil 136.5  Revenue for 1Q22 was 12% above last year with higher contribut

  14. Slide 14: Thank You

    @ HAP SENG aon

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