Hiap Hoe Ltd. · SGX:5JK
Hiap Hoe — Shareholder Meeting (April 2025)
9 slides from Hiap Hoe's shareholder meeting presentation, Apr 30, 2025
Slide 1: Hiap Hoe Limited Annual General Meeting
HIAP HOE LIMITED ANNUAL GENERAL MEETING FY2024 Results & Corporate Presentation 30 April 2025
Slide 2: Presentation Outline
Presentation Outline 1. Financial Highlights 2. Balance Sheet 3. Debt Coverage and Gearing 4. Dividends and yield 5. Investment Portfolio 6. Other Key Updates 7. Questions 2
Slide 3: Financial Highlights
FINANCIAL HIGHLIGHTS $000 Revenue by Segments 140,000 125,357 420,000 ~ 1,024 111,887 a= 328 100,000 80,000 60,000 40,000 20,000 FY2024 FY2023 = Hotel income = Rental and Carpark Income _—= Leisure Business 119,399 a — 366. FY2022 = Development Properties $'000 10,000 5,000 (6,000) (10,000) (15,000)
Slide 4: Balance Sheet
BALANCE SHEET $'000 FY2024 FY2023 FY2022 Total Assets 1,590,167 1,589,253 1,569,944 Total Liabilities 871,937 866,382 848,313 Equity Attributable to Owners of the Company 715,120 719,744 718,446 Net Assets Value Per Share (Cents) 151.97 152.96 152.68
Slide 5: Debt Coverage and Gearing
DEBT COVERAGE AND GEARING $'000 FY2024 FY2023 FY2022 Loan & Borrowings 768,303 759,147 743,760 Cash and Short-term Deposits 69,846 41,777 50,001 Net Debt 698,457 717,370 693,759 Debt Equity Ratio (Times) 1.07 1.05 1.04
Slide 6: Dividends and Yield
DIVIDENDS AND YIELD Cents 0.80 0.70 0.60 0.50 0.40 0.30 0.20 0.10 Total Dividends 0.75 0.75 1.29% 0.60 0.94% FY2024 FY2023 FY2022 mmm Interim mmm Final ~—— Dividend Yied 11.00% 1.20% 0.80% 0.40% 0.00% 60.00% 50.00% 40.00% 30.00% 20.00% 10.00% 0.00% -10.00% -20.00% 53.73% FY2024 Dividend Payout 50.79
Slide 7: Investment Portfolio
INVESTMENT PORTFOLIO $000 Portfolio by Sectors $'000 Investments 450,000 400,000 398,318 400,000 341,903 350,000 297,168 300,000 300,000 250,000 200,000 200,000 150,000 100,000 100,000 50,000 Fy2024 FY2023 Fy2022 Fy2024 £2023 1m Real Estate (inc uding Hospitality) aFinancels im Technology/Communicat
Slide 8: Other Key Updates
OTHER KEY UPDATES 1. Completion of rebranding of our two Singapore hotels, Aloft Novena 2. Acquisition of the Great Eastern Motor Lodge at Rivervale, Western Australia 3. Sale of hotel at Four Points by Sheraton, Melbourne Docklands 8
Slide 9: Questions
Questions 9