Yeo Hiap Seng Ltd · SGX:Y03
Yeo Hiap Seng — FY2023 Earnings Presentation
8 slides from Yeo Hiap Seng's earnings presentation, Feb 29, 2024
Slide 1: H2 and FY2023 Financial Results
H2 and FY2023 Financial Results (Unaudited) 29 February 2024
Slide 2: Important Notice
IMPORTANT NOTICE Information in this presentation may contain forward-looking statements that involve risks and uncertainties. Actual future performance, outcomes and results may differ materially from those expressed in forward-looking statements as a result of a number of risks, uncertainties and
Slide 3: Group Revenue Declined, Net Profit Improved
H2 and FY2023 Financial Results (Unaudited) Group Revenue Declined, Net Profit Improved S$ million H2 FY2023 H2 FY2022 Y/Y FY2023 FY2022 Y/Y Total Revenue 151.6 176.8 -14.2% 332.7 358.1 -7.1% Core Yeo's F&B Revenue 137.9 152.5 -9.6% 296.4 318.5 -6.9% Gross Profit 49.2 51.5 -4.5% 108.0 107.4 0.6% GP
Slide 4: Revenue By Key Markets / Segments
FY2023 Financial Results Revenue By Key Markets / Segments In S$ million / % of Group Revenue (1) “Malaysia” includes Peninsular Malaysia, East Malaysia and Brunei (2) “China” includes Mainland China and Hong Kong SAR (3) “Indochina” includes Cambodia and Vietnam (4) “Other International Markets” in
Slide 5: Balance Sheet (unaudited)
Balance Sheet (unaudited) S$ million 31-Dec-23 31-Dec-22 Total assets 647.3 657.9 Cash and cash equivalents 64.1 215.1 Other financial assets 176.0 - Trade and other receivables-current 64.7 67.2 Inventories 53.8 61.3 Current assets 358.6 343.6 Property, plant and equipment (PPE) 203.5 217.3 Investm
Slide 6: Cash Flows (unaudited)
Cash Flows (unaudited) S$ million 12M FY2023 12M FY2022 Beginning cash and cash equivalents 215.1 230.9 Net cash flow from operating activities 30.0 7.4 Capital expenditure, net (6.6) (14.7) Net cash flow used in investing activities (174.2) (16.2) Free cash flow [Net cash flow from operatiung activ
Slide 7: Outlook
FY2023 Financial Results Outlook Operating cost inflation and softening in consumer spending amidst economic uncertainties continue to pose headwinds to Group operations. Management will continue to focus on executing the Group’s Brand strategy and Brand Refresh initiative while seeking opportunitie
Slide 8: Thank You
Thank You Investor Relations Contact Media Contact Daphne Heng Catherine Ong Chief Financial Officer Tel: (65) 9697 0007 Florence Ding Email: cath@catherineong.com Group Financial Controller Tel: (65) 6849 6776 Romesh Navaratnarajah Email: IR@yeos.com Tel: (65) 9016 0920 Email: romesh@catherineong.c