Beshom Holdings Bhd · MYX:BESHOM
Beshom Holdings Bhd — Hai-O Enterprise Berhad — 9MFY2019 Earnings Presentation
16 slides from Beshom Holdings Bhd's earnings presentation, Apr 1, 2019
Slide 1: 9MFY2019 Results Update
9MFY2019 Results Update 1 April 2019 1
Slide 2: Contents
Contents Financial Highlights 9MFY2019 Review by Segment 2
Slide 3: 9MFY2019 vs. 9MFY2018
9MFY2019 vs. 9MFY2018 For the nine month period ended 31 January 2019, the Group posted lower revenue and pre-tax profit of RM 258.4 million and RM 49.6 million as compared to RM 351.1 million and RM74.0 million, representing a decrease of 26.4% and 32.9% respectively for the corresponding quarter o
Slide 4: 9MFY2019 vs. 9MFY2018
9MFY2019 vs. 9MFY2018 9MFY2019 9MFY2018 Variance 31 Jan 2019 31 Jan 2018 +/- (RM’mil) (RM’mil) Revenue 258.41 351.13 -26.4% Pre-tax Profit 49.62 73.99 -32.9% Profit After Tax 37.39 56.57 -33.9% Net Margin (%) 14.47% 16.11% -1.64% EPS (sen) 12.86 19.50 -6.64 sen Hai-O 9MFY2019 Results Update - 1 Apri
Slide 5: Statement of Financial Position
Statement of Financial Position 9MFY2019 FYE 30 April 2018 31 Jan 2019 (audited) (RM’mil) (RM’mil) Net cash + Short term investment 92.14 126.62 Total Assets 368.13 396.00 Total Liabilities 57.68 77.08 Shareholders' Equity 299.77 307.91 Net Assets per share (sen) 103 106 Hai-O 9MFY2019 Results Updat
Slide 6: Segment Revenue
Segment Revenue 9MFY2019 Segment 9MFY2019 9MFY2018 31 Jan 2019 31 Jan 2018 Others, 1% (RM’mil) (%) (RM’mil) (%) Retail, 12% MLM 177.46 69% 273.44 78% Wholesale 46.92 18% 46.63 13% Wholesale, 18% MLM, 69% Retail 30.99 12% 27.81 8% Others 3.04 1% 3.25 1% Total 258.41 100% 351.13 100% Hai-O 9MFY2019 Re
Slide 7: Review by Segment
Review by Multi Level Marketing (“MLM”) Segment Wholesale Retail Others 7
Slide 8: MLM
MLM Revenue 300.00 MLM 9MFY2019 9MFY2018 Changes 250.00 Segment 31 Jan 2019 31 Jan 2018 200.00 (RM'mil) 150.00 -35.1% (RM’mil) (RM’mil) (%) 100.00 50.00 External 177.46 273.44 -35.1% - Revenue 9MFY2018 9MFY2019 Profit 36.99 53.45 -30.8% Profit Before Tax Before Tax 60.00 50.00 40.00 (RM'mil) -30.8%
Slide 9: MLM
MLM For the 9MFY2019, the MLM division recorded lower revenue of RM 177.5 million as compared to the previous year’s corresponding period of RM 273.4 million, a decrease of 35.1%. Excluding the adjustment arising from MFRSs, the revenue was RM 184.5 million. ✓ Continuously facing challenges during t
Slide 10: Wholesale
Wholesale Revenue 47.00 Wholesale 9MFY2019 9MFY2018 Changes 46.90 Segment 31 Jan 2019 31 Jan 2018 46.80 +0.6% (RM'mil) 46.70 (RM’mil) (RM’mil) (%) 46.60 46.50 External 46.92 46.63 +0.6% 46.40 Revenue 9MFY2018 9MFY2019 Profit 8.97 16.54 -45.8% Profit Before Tax Before Tax 18.00 16.00 14.00 12.00 (RM'
Slide 11: Wholesale
Wholesale For the 9MFY2019, despite additional sales generated from CNY hampers sales via modern trade channels and higher sales from premium patented medicine, the Wholesale division revenue was offset by the drop in sales of vintage tea and other products. Hence, the external revenue maintained at
Slide 12: Retail
Retail Revenue 32.00 Retail 9MFY2019 9MFY2018 Changes 31.00 Segment 31 Jan 2019 31 Jan 2018 30.00 +11.4% (RM'mil) (RM’mil) (RM’mil) (%) 29.00 28.00 27.00 External 30.99 27.81 +11.4% 26.00 Revenue 9MFY2018 9MFY2019 Profit 0.49 0.16 +206.3% Profit Before Tax Before Tax 0.60 0.50 0.40 (RM'mil) 0.30 +20
Slide 13: Retail
Retail In view of the CNY sales recorded in the 3rd quarter of this current financial year as opposed to 4th quarter of last financial year, the Retail division revenue increased by 11.4% to RM 31.0 million for the 9MFY2019 as compared to lower base in the preceding year’s corresponding period of RM
Slide 14: "Others" segment
"Others" segment Revenue 3.30 “Others” 9MFY2019 9MFY2018 Changes 3.25 Segment 31 Jan 2019 31 Jan 2018 3.20 3.15 (RM'mil) (RM’mil) (RM’mil) (%) 3.10 3.05 -6.5% 3.00 External 3.04 3.25 -6.5% 2.95 Revenue 2.90 9MFY2018 9MFY2019 Profit 3.17 3.85 -17.7% Profit Before Tax Before Tax 4.50 4.00 3.50 3.00 -1
Slide 15: "Others" segment
“Others” segment “Others” Revenue mainly comprised of rental income from investment properties, manufacturing activities and credit & leasing business. The main contributors are from the manufacturing and properties segments. For the 9MFY2019, its total external revenue maintained at about RM 3.0 mi
Slide 16: Thank You
Thank You Wisma Hai-O, Lot 11995 Batu 2, Jalan Kapar 41400 Klang, Selangor D.E. T : 03-33423322 F : 03-33434257 www.hai-o.com.my 16
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