Beshom Holdings Bhd · MYX:BESHOM
Beshom Holdings Bhd — Hai-O Enterprise Berhad — 9MFY2020 Earnings Presentation
16 slides from Beshom Holdings Bhd's earnings presentation, Apr 1, 2020
Slide 1: 9MFY2020 Results Update
197501000919 (22544-D) 9MFY2020 Results Update 1 April 2020 1
Slide 2: Contents
197501000919 (22544-D) Contents Financial Highlights 9MFY2020 Review by Segment 2
Slide 3: 9MFY2020 vs. 9MFY2019
9MFY2020 vs. 9MFY2019 For the nine months ended 31 January 2020, the Group recorded a lower revenue of RM 201.5 million, a decrease of 22.0% as compared to RM 258.4 million in the previous corresponding period. The decrease in revenue was attributed to the lower contribution from all three main divi
Slide 4: 9MFY2020 vs. 9MFY2019
9MFY2020 vs. 9MFY2019 9MFY2020 9MFY2019 Variance 31 Jan 2020 31 Jan 2019 +/- (RM’mil) (RM’mil) Revenue 201.47 258.41 -22.0% Pre-tax Profit 30.73 49.62 -38.1% Profit After Tax 22.66 37.39 -39.4% Net Margin (%) 11.24% 14.47% -3.2% EPS (sen) 7.80 12.86 -5.06 sen Hai-O 9MFY2020 Results Update - 1 April
Slide 5: Statement of Financial Position
Statement of Financial Position 9MFY2020 FYE2019 31 Jan 2020 30 Apr 2019 (audited) (RM’mil) (RM’mil) Net cash + Short term investment 91.30 95.11 Total assets 358.12 364.24 Total liabilities 50.79 43.56 Shareholders' equity 296.71 310.22 Net assets per share (sen) 102 107 Hai-O 9MFY2020 Results Upda
Slide 6: Segment Revenue
Segment Revenue 9MFY2020 Segment 9MFY2020 9MFY2019 31 Jan 2020 31 Jan 2019 Others 2% (RM’mil) (%) (RM’mil) (%) Retail, 15% MLM 121.45 60% 177.46 69% MLM, 60% Wholesale 46.66 23% 46.92 18% Wholesale, 23% Retail 30.22 15% 30.99 12% Others 3.14 2% 3.04 1% Total 201.47 100% 258.41 100% Hai-O 9MFY2020 Re
Slide 7: Review by Segment
197501000919 (22544-D) Review by Multi Level Marketing (“MLM”) Segment Wholesale Retail Others 7
Slide 8: MLM
MLM MLM 9MFY2020 9MFY2019 Changes Segment 31 Jan 2020 31 Jan 2019 -31.6% (RM’mil) (RM’mil) (%) External 121.45 177.46 -31.6% Revenue Profit 22.33 36.99 -39.8% Before Tax -39.8% Hai-O 9MFY2020 Results Update - 1 April 2020 8
Slide 9: MLM
MLM For 9MFY2020, the MLM division recorded a lower revenue and pre-tax profit of RM 121.5 million and RM 22.3 million, down by 31.6% and 39.8% respectively as compared to RM 177.5 million and RM 37.0 million in the preceding year’s corresponding period. The MLM division continues to operate under a
Slide 10: Wholesale
Wholesale Wholesale 9MFY2020 9MFY2019 Changes Segment 31 Jan 2020 31 Jan 2019 -0.6% (RM’mil) (RM’mil) (%) External 46.66 46.92 -0.6% Revenue Profit 5.25 8.97 -41.5% Before Tax -41.5% Hai-O 9MFY2020 Results Update - 1 April 2020 10
Slide 11: Wholesale
Wholesale Wholesale revenue was maintained at RM 46.7 million for the period under review 9MFY2020. Higher sales generated from Puer-tea and the export of bird nest products were offset by the drop in Chinese medicated tonic and patented medicine sales. Pre-tax profit decreased by 41.5% to RM 5.3 mi
Slide 12: Retail
Retail Retail 9MFY2020 9MFY2019 Changes Segment 31 Jan 2020 31 Jan 2019 (RM’mil) (RM’mil) (%) -2.5% External 30.22 30.99 -2.5% Revenue Profit 0.74 0.49 +51.0% Before Tax +51.0% Hai-O 9MFY2020 Results Update - 1 April 2020 12
Slide 13: Retail
Retail For the 9MFY2020, the Retail revenue was maintained at about RM 30.0 million while pre-tax profit rose by 51.0% to RM 0.7 million, due to the higher sales from house brand products which carry higher margin, as well as costs optimization initiatives during the period. Hai-O 9MFY2020 Results U
Slide 14: "Others" segment
"Others" segment “Others” 9MFY2020 9MFY2019 Changes Segment 31 Jan 2020 31 Jan 2019 +3.3% (RM’mil) (RM’mil) (%) External 3.14 3.04 +3.3% Revenue Profit 2.54 3.17 -20.0% Before Tax -20.0% Hai-O 9MFY2020 Results Update - 1 April 2020 14
Slide 15: "Others" segment
“Others” segment Revenue comprised mainly of rental income from investment properties, health food supplement manufacturing activities and credit & leasing business. The main contributors are manufacturing and rental income from investment properties. For the 9MFY2020, pre-tax profit fell by 20.0% t
Slide 16: Thank You
197501000919 (22544-D) Thank You Wisma Hai-O, Lot 11995 Batu 2, Jalan Kapar 41400 Klang, Selangor D.E. T : 03-33423322 F : 03-33434257 www.hai-o.com.my 16
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