Beshom Holdings Bhd · MYX:BESHOM
Beshom Holdings Bhd — Hai-O Enterprise Berhad — Q1 FY2019 Earnings Presentation
17 slides from Beshom Holdings Bhd's earnings presentation, Sep 27, 2018
Slide 1: 1QFY2019 Results Update
1QFY2019 Results Update 27 September 2018 1
Slide 2: Contents
Contents Financial Highlights 1QFY2019 Review by Segment 2
Slide 3: 1QFY2019 vs. 1QFY2018
1QFY2019 vs. 1QFY2018 For the 1st quarter under review, the Group recorded lower revenue of RM 80.1 million, a decrease of 35.7% as compared to the previous year corresponding quarter of RM 124.5 million. This is after factored in the impact of MFRS 9 and MFRS 15 which was effective on or after 1 Ja
Slide 4: 1QFY2019 vs. 1QFY2018
1QFY2019 vs. 1QFY2018 ✓ The Group’s gross profit margin improved by about 7.0% as a result of change in sales mix with higher sales contribution from Wholesale which command higher margin. ✓ However, the Group recorded lower pre-tax profit of RM 14.4 million as compared to previous year correspondin
Slide 5: 1QFY2019 vs. 1QFY2018
1QFY2019 vs. 1QFY2018 1QFY2019 1QFY2018 Variance 31 July 2018 31 July 2017 +/- (RM’mil) (RM’mil) Revenue 80.09 124.54 -35.69% Pre-tax Profit 14.44 23.11 -37.52% Profit After Tax 10.66 17.59 -39.40% Net Margin (%) 13.3% 14.1% -0.80% EPS (sen) 3.78 6.17 -2.39 sen Hai-O 1QFY2019 Results Update - 27 Sep
Slide 6: Strong and Healthy Balance Sheet
Strong and Healthy Balance Sheet 1QFY2019 FYE30 April 2018 31 July 2018 (audited) (RM’mil) (RM’mil) Net cash + Short term investment 113.46 126.62 Total Assets 390.93 396.00 Total Liabilities 61.70 77.08 Shareholders' Equity 318.57 307.91 Net Assets per share (sen) 110 106 Hai-O 1QFY2019 Results Upd
Slide 7: Segment Revenue
Segment Revenue 1QFY2019 Segment 1QFY2019 1QFY2018 31 July 2018 31 July 2017 Others, 1% (RM’mil) (%) (RM’mil) (%) Retail, 10% MLM 58.03 72% 102.38 82% Wholesale, 17% Wholesale 13.56 17% 13.04 10% Retail 7.62 10% 8.12 7% MLM, 72% Others 0.88 1% 1.00 1% Total 80.09 100% 124.54 100% Hai-O 1QFY2019 Resu
Slide 8: Review by Segment: Multi Level Marketing (MLM)
Review by Multi Level Marketing (“MLM”) Segment Wholesale Retail Others 8
Slide 9: MLM
MLM Revenue 120.00 MLM 1QFY2019 1QFY2018 Changes 100.00 Segment 31 July 2018 31 July 2017 80.00 -43.32% (RM'mil) 60.00 (RM’mil) (RM’mil) (%) 40.00 20.00 External 58.03 102.38 -43.32% - Revenue 1QFY2018 1QFY2019 Profit Before Tax Profit 10.63 19.10 -44.35% 25.00 Before Tax 20.00 (RM'mil) 15.00 -44.35
Slide 10: MLM
MLM The division recorded lower revenue and pre-tax profit of RM 58.0 million and RM 10.6 million for the period under review as compared to the previous year’s corresponding quarter of RM 102.4 million and RM 19.1 million respectively. Excluding the adjustment arising from MFRS, the revenue was RM
Slide 11: Wholesale
Wholesale Revenue 13.60 13.50 Wholesale 1QFY2019 1QFY2018 Changes 13.40 13.30 Segment 31 July 2018 31 July 2017 +4.00% (RM'mil) 13.20 13.10 (RM’mil) (RM’mil) (%) 13.00 12.90 12.80 External 13.56 13.04 +4.00% 12.70 Revenue 1QFY2018 1QFY2019 Profit Before Tax Profit 3.67 3.37 +8.90% 3.70 Before Tax 3.
Slide 12: Wholesale
Wholesale Revenue increased marginally by 4.0% to RM 13.6 million as compared to the preceding year’s corresponding quarter of RM 13.0 million. ✓ The increase in revenue was mainly attributable to higher sales from premium patented medicine before the price revision by the overseas principal. Despit
Slide 13: Retail
Retail Revenue 8.20 8.10 Retail 1QFY2019 1QFY2018 Changes 8.00 31 July 2018 7.90 Segment 31 July 2017 -6.16% (RM'mil) 7.80 7.70 (RM’mil) (RM’mil) (%) 7.60 7.50 7.40 External 7.62 8.12 -6.16% 7.30 Revenue 1QFY2018 1QFY2019 Profit Before Tax Profit -0.58 -0.49 -18.37% (0.44) 1QFY2018 1QFY2019 Before T
Slide 14: Retail
Retail In the current quarter under review, the revenue decreased by 6.2% to RM 7.6 million as compared to the higher based in the preceding year’s corresponding quarter of RM 8.1 million. ✓ There was an extensive sales promotion been carried out in the previous year’s corresponding quarter on one o
Slide 15: Others segment
“Others" segment Revenue 1.05 1.00 “Others” 1QFY2019 1QFY2018 Changes Segment 31 July 2018 31 July 2017 0.95 (RM'mil) -12.00% 0.90 (RM’mil) (RM’mil) (%) 0.85 External 0.88 1.00 -12.00% 0.80 Revenue 1QFY2018 1QFY2019 Profit Before Tax Profit 0.85 1.13 -24.78% 1.20 Before Tax 1.00 0.80 -24.78% (RM'mil
Slide 16: Others segment
“Others” segment Revenue are mainly comprised of rental income from investment properties, manufacturing activities and credit & leasing business. The main contributors are from the manufacturing and properties segments. The manufacturing segment is mainly focus on the inter-segment’s OEM sales for
Slide 17: Thank You
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 17
Hai-O Enterprise Berhad — Q1 FY2019 Earnings Presentation on 6ix