Hap Seng Consolidated Bhd. · MYX:HAPSENG
Hap Seng Consolidated Bhd — Q3 2022 Earnings Presentation
15 slides from Hap Seng Consolidated Bhd's earnings presentation, Nov 25, 2022
Slide 1: 3rd Quarter Ended 30 September 2022 Results
3rd Quarter Ended 30 September 2022 Results 25 November 2022
Slide 2: Scope
Scope 1 Group Financials 2 Operations Review 2
Slide 3: Section 1: Group Financials
SECTION 1 Group Financials
Slide 4: Consolidated income statement summary
Consolidated income statement summary ❑ The Group’s 3Q22 and YTD revenue were above last (RM’ Million) 3Q22 3Q21 Change YTD YTD Change year with higher contribution from Plantation, 2022 2021 Automotive, Trading and Building Materials Divisions. Revenue 1,973.2 1,633.5 21% 5,319.5 4,173.4 27% ❑ The
Slide 5: Group segment results
Group segment results REVENUE OPERATING PROFIT REVENUE OPERATING PROFIT (RM’ Million) YTD YTD YTD YTD 3Q22 3Q21 Change 3Q22 3Q21 Change Change Change 2022 2021 2022 2021 Plantation 182.0 173.6 5% 18.0 70.6 (75%) 671.0 476.0 41% 238.4 173.8 37% 1 Property 146.9 566.9 (74%) 33.7 445.9 (92%) 399.9 1,03
Slide 6: Group segment results – 3rd Quarter
Group segment results – 3rd Quarter Plantation Building Materials Plantation 9% Building Materials 9% Property 7% 18% 7% Property 12% Credit 3% Revenue Operating Credit 3Q22 Profit 19% Trading 3Q22 50% Trading Automotive 36% 22% Automotive 8% Building Building Materials, 3% Plantation Plantation Mat
Slide 7: Group segment results – Year To Date
Group segment results – Year To Date Plantation Plantation Building Materials Building Materials 12% 26% 9% 11% Property 7% Credit Operating Revenue 3% Trading 27% Profit YTD 2022 Trading YTD 2022 47% Automotive Property 22% Automotive 14% Credit 5% 17% Building Building Materials 4% Plantation Mate
Slide 8: Section 2: Operations Review
SECTION 2 Operations Review
Slide 9: Plantations
Plantations YTD Results benefitted from higher price realization ❑ 3Q22 and YTD Revenue were 5% and 41% above last year respectively with higher 3Q22 3Q Revenue average selling price of CPO and higher YTD average selling prices of all palm products. YTD Revenue However, revenue were dampened by lowe
Slide 10: Property Investment and Development
Property Investment and Development Improvements in property sales and rental dampened by lower non-strategic land sales 3Q Revenue YTD Revenue ❑ The Division’s property development and investment properties segments registered improved 3Q22 and RM’ Mil RM’ Mil 1,036.4 800 1,200 YTD performance. 566
Slide 11: Credit Financing
Credit Financing Continues to focus on cautious lending practices and credit control ❑ The Division’s 3Q22 and YTD revenue and operating profit were 3Q Revenue YTD Revenue lower than last year mainly due to lower contribution from its RM’ Mil 71.0 RM’ Mil Malaysian operations. 218.2 80 57.3 250 178.
Slide 12: Automotive
Automotive Higher contribution from both PV and CV segments ❑ The Division’s 3Q22 and YTD revenue and operating profit 3Q Revenue YTD Revenue registered significant improvement over last year with higher RM’ Mil 470.4 RM’ Mil contribution from both passenger vehicles (“PV”) and commercial 500 1,600
Slide 13: Trading
Trading Improved results from all businesses ❑ The Division comprises the fertilizers trading (“FT”) , general trading 3Q Revenue YTD Revenue (“GT”), and ceramic tiles business under Malaysian Mosaics Sdn Bhd RM’ Mil 1,033.0 RM’ Mil 2,624.5 (“MMSB”). 1,200 3,000 ❑ Division’s 3Q22 and YTD revenue wer
Slide 14: Building Materials
Building Materials Stronger demand from the construction sector supports growth in 3Q22 Operating profit ❑ The Division comprises the quarry, asphalts and bricks 3Q Revenue YTD Revenue businesses (“QBM”); and trading of building materials by Hafary RM’ Mil RM’ Mil (“Hafary”). 250 192.3 600 495.1 ❑ 3
Slide 15: Thank You
@ HAP SENG Soin
Hap Seng Consolidated Berhad — Q3 2022 Earnings Presentation on 6ix