Beshom Holdings Bhd · MYX:BESHOM
Beshom Holdings Bhd — FY2024 Earnings Presentation
16 slides from Beshom Holdings Bhd's earnings presentation, Jun 25, 2024
Slide 1: 4QFY2024 Results Update
BESHOM HOLDINGS BERHAD 4QFY2024 Results Update 25 June 2024
Slide 2: Contents
Contents Financial Highlights FYE2024 Review by Segment BESHOM HOLDINGS BERHAD (Registration no. 202101001114 (1401412-A)) 4QFY2024 Results Update
Slide 3: FYE2024 vs. FYE2023
FYE2024 vs. FYE2023 According to the Malaysian Institute of Economic Research (MIER), the Consumer Sentiment Index (CSI) has remained below 100 points for five consecutive quarters since first quarter 2023, with the latest CSI at 87.1 points in first quarter 2024 which indicated the persistency of p
Slide 4: FYE2024 vs. FYE2023
FYE2024 vs. FYE2023 FYE2024 FYE2023 Variance 30 Apr 2024 30 Apr 2023 +/- (audited) (RM’mil) (RM’mil) Revenue 150.77 174.23 -13.5% Pre-tax Profit 14.49 24.26 -40.3% Profit After Tax 10.94 16.78 -34.8% Net Margin (%) 7.3% 9.6% -2.3% EPS (sen) 3.61 5.43 -1.82 sen BESHOM HOLDINGS BERHAD (Registration no
Slide 5: Statement of Financial Position
Statement of Financial Position FYE2024 FYE2023 30 Apr 2024 30 Apr 2023 (audited) (RM’mil) (RM’mil) Net cash + Short term investment 103.50 95.63 Total assets 349.52 353.18 Total liabilities 27.58 31.41 Shareholders' equity 310.10 309.66 Net assets per share (RM) 1.03 1.03 BESHOM HOLDINGS BERHAD (Re
Slide 6: Segment Revenue
Segment Revenue FYE2024 Segment FYE2024 FYE2023 30 Apr 2024 30 Apr 2023 (audited) (RM’mil) (%) (RM’mil) (%) Wholesale, 39% MLM 52.06 34% 70.67 41% MLM, Wholesale 58.32 39% 59.75 34% 34% Retail 34.73 23% 39.01 22% Retail, 23% Others 5.66 4% 4.80 3% Others, 4% Total 150.77 100% 174.23 100% BESHOM HOLD
Slide 7: Review by Segment
Review by Multi Level Marketing (“MLM”) Segment Wholesale Retail Others
Slide 8: MLM
MLM Revenue 80.00 70.00 MLM FYE2024 FYE2023 Changes 60.00 Segment 30 Apr 2024 30 Apr 2023 50.00 -26.3% (RM'mil) (audited) 40.00 (RM’mil) (RM’mil) (%) 30.00 20.00 10.00 External 52.06 70.67 -26.3% - Revenue FYE2023 FYE2024 Profit Before Tax Profit 1.62 7.30 -77.8% 8.00 Before Tax 7.00 6.00 (RM'mil) 5
Slide 9: MLM
MLM The MLM division is continuously facing challenges during the financial year, the recovery of business momentum and drive among distributors are not improving despite various marketing activities being carried out. With many new market players entering into MLM industry, members’ recruitment and
Slide 10: Wholesale
Wholesale Revenue 60.00 59.50 Wholesale FYE2024 FYE2023 Changes Segment 30 Apr 2024 30 Apr 2023 -2.5% (RM'mil) 59.00 (audited) 58.50 (RM’mil) (RM’mil) (%) 58.00 External 58.32 59.75 -2.5% 57.50 Revenue FYE2023 FYE2024 Profit Before Tax Profit 8.40 10.86 -22.7% 12.00 Before Tax 10.00 8.00 (RM'mil) 6.
Slide 11: Wholesale
Wholesale The Wholesale division posted lower revenue of RM58.3 million, decreased marginally by 2.5% as compared to the preceding year of RM59.8 million, mainly attributed to lower sales of Chinese medicated tonic due to higher stock-up by wholesalers during “last-buy” sales promotion prior to the
Slide 12: Retail
Retail Revenue 40.00 39.00 Retail FYE2024 FYE2023 Changes 38.00 Segment 30 Apr 2024 30 Apr 2023 37.00 (RM'mil) (audited) 36.00 (RM’mil) (RM’mil) (%) 35.00 -11.0% 34.00 33.00 External 34.73 39.01 -11.0% 32.00 Revenue FYE2023 FYE2024 Profit Before Tax Profit 0.46 2.77 -83.4% 3.00 Before Tax 2.50 (RM'm
Slide 13: Retail
Retail The retail industry in Malaysia continues to face challenges amid rising cost of living which has adversely affected the purchasing power of consumers especially spending less on non-essential goods. The division registered 11.0% decrease in revenue to RM34.7 million as compared to RM39.0 mil
Slide 14: "Others" segment
"Others" segment Revenue 5.80 5.60 “Others” FYE2024 FYE2023 Changes 5.40 Segment 30 Apr 2024 30 Apr 2023 5.20 (RM'mil) (audited) +18.2% 5.00 (RM’mil) (RM’mil) (%) 4.80 4.60 4.40 External 5.66 4.79 +18.2% 4.20 Revenue FYE2023 FYE2024 Profit Before Tax Profit 4.01 3.29 +21.9% 4.50 Before Tax 4.00 3.50
Slide 15: "Others" segment
"Others" segment Revenue from the Other division is primarily derived from the rental of investment properties, manufacturing of health supplements and credit & leasing business. During the financial year under review, pre-tax profit increased by 21.9% to RM4.0 million mainly attributed to a gain on
Slide 16: Thank you
BES HOM THE BEST STARTS FROM HOME Thank you Wisma Hai-O, Lot 11995, Batu 2, Jalan Kapar, 41400 Klang, Selangor Darul Ehsan, Malaysia T. +603-3342 3322 | F.+603-33428285 | E.info@beshom.com www.beshom.com
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