Hap Seng Consolidated Bhd. · MYX:HAPSENG

Hap Seng Consolidated Bhd — Q1 2012 Earnings Presentation

14 slides from Hap Seng Consolidated Bhd's earnings presentation, May 29, 2012

  1. Slide 1: 1st Quarter Ended 31st March 2012 Results

    STRICTLY CONFIDENTIAL DRAFT 1st Quarter Ended 31st March 2012 Results 29th May 2012

  2. Slide 2: Scope

    Scope 1 Group financials 2 Operations review 1

  3. Slide 3: Group financials

    SECTION 1 © Group financials @ HAP SENG CONSOLIDATED BERHAD

  4. Slide 4: Consolidated income statement summary

    Consolidated income statement summary  The Group registered a satisfactory financial performance for 1Q 2012 Change (RM’ Million) 1Q 2012 1Q 2011 (%)  Group’s revenue increased by 13% in Revenue 850.6 751.3 13% 1Q 2012 with double digit growth Gross profit 1 196.6 190.9 3% recorded by 4 divisions

  5. Slide 5: Group segment results

    Group segment results REVENUE OPERATING PROFIT Change Change (RM’ Million) 1Q 2012 1Q 2011 1Q 2012 1Q 2011 (%) (%) Plantations 124.0 144.0 -14% 58.8 78.0 -25% Property 95.1 53.0 80% 60.5 1 50.2 1 21% Automotive 149.1 174.2 -14% 5.7 5.8 -2% Fertilizers 320.3 241.5 33% 14.9 15.3 -3% Credit Financing 2

  6. Slide 6: Group segment results

    Group segment results Revenue Operating Profit Geographical Segment 5

  7. Slide 7: Operations review

    SECTION 2 © Operations review @ HAP SENG CONSOLIDATED BERHAD

  8. Slide 8: Plantations

    Plantations Sales volume improvement dampened by softening CPO prices  1st Quarter revenue dipped by 14% on the back of the following:-  marginally higher total overall sales volume (50,477 MT vs 49,487 MT)  Softening in prices for CPO, PK and FFB (CPO: RM3,133 /MT vs. RM3,542 /MT; PK: RM1,908 /M

  9. Slide 9: Property

    Property Continued focus on sales of existing ongoing project  Revenue and operating profit are up 80% and 21% respectively mainly contributed by the sale of a plot of land held for property development in Peninsula Malaysia  Current major developments / launches  Construction of Menara Hap Seng

  10. Slide 10: Automotive

    Automotive Focus on excellent service and network to compliment sales  Revenue dipped by 14% due to close proximity of festive season in January 2012 which dampen sales for the month. Overall sales for February and March 2012 picked up significantly recording higher sales than corresponding months

  11. Slide 11: Fertilizers

    Fertilizers Stable demand supported by higher selling price  1Q Revenue increased by 33% over the same period last year supported by higher sales volume and higher average selling price  Operating profit remains relatively flat, dropping only 3% mainly impacted by the low margins due to the compet

  12. Slide 12: Credit Financing

    Credit Financing Growing loan base supported by prudent loan selection and improvement in NPL ratio  Revenue and operating profit for the quarter has grown by 26% and 20% respectively on the back of higher loan base of RM1.5 billion compared to RM1.2 billion for 1Q 2011  Continue to improve NPL ra

  13. Slide 13: Quarry and Building Materials

    Quarry and Building Materials Improved sales volume contributed by start up of new projects  Revenue for the quarter grew by 18% on the back of the following:-  Aggregate sales volume up by 61%, to 1.7m MT  Asphalt sales volume up by 14% to 33k MT; and  Bricks sales volume up by 12% to 23.8m pcs

  14. Slide 14: Thank You

    Thank You @ HAP SENG CONSOLIDATED BERHAD

Hap Seng Consolidated Berhad — Q1 2012 Earnings Presentation on 6ix