Hap Seng Consolidated Bhd. · MYX:HAPSENG
Hap Seng Consolidated Bhd — Q1 2018 Earnings Presentation
14 slides from Hap Seng Consolidated Bhd's earnings presentation, Jun 1, 2018
Slide 1: 1st Quarter Ended 31 March 2018 Results
1st Quarter Ended 31 March 2018 Results 1 June 2018
Slide 2: Scope
Scope 1 Group financials 2 Operations review 2
Slide 3: Section 1: Group financials
SECTION 1 Group financials
Slide 4: Consolidated income statement summary
Consolidated income statement summary The Group revenue of RM1.53b and 1Q17 (RM’ Million) 1Q18 Change operating profit of RM272 million for the (restated) 1Q18 were higher than last year by 30% Revenue 1,528.2 1,176.9 30% and 7% respectively with improved Gross profit 1 419.2 311.6 35% revenue fro
Slide 5: Group segment results
Group segment results REVENUE OPERATING PROFIT (RM’ Million) 1Q18 1Q17 Change 1Q18 1Q17 Change Plantation 121.2 144.1 (16%) 22.4 32.6 (31%) Property 1 314.4 207.5 52% 214.6 118.3 81% Credit Financing 67.3 43.6 54% 53.3 34.7 54% Automotive 330.1 257.1 28% 6.0 8.7 (31%) Fertilizers Trading 284.6 213.6
Slide 6: Group segment results – 1st Quarter
Group segment results – 1st Quarter Fertilizers 3% Plantation 7% Automotive Plantation 2% 8% Building Materials Credit 29% Property 18% 20% Operating Revenue Profit 1Q18 Credit 1Q18 4% Fertilizers 18% Property Automotive 70% 21% Plantation Plantation Building 12% 12% Building Materials Materials 28%
Slide 7: Section 2: Operations review
SECTION 2 Operations review
Slide 8: Plantations
Plantations Results for 1Q18 affected by lower selling prices Revenue and operating profit for 1Q18 were affected by lower average 1Q Revenue price realization of both CPO and PK. 144.1 RM’ Mil The average price realization and sales volume of CPO and PK: 121.2 150 1Q18 1Q17 Price 100 • CPO 2,59
Slide 9: Property Investment and Development
Property Investment and Development Improved occupancy rates for investment properties Revenue for 1Q17 benefitted from higher 1Q Revenue contribution from investment properties and sales of RM’ Mil 314.4 non-strategic properties. Consequently, higher 400 operating profit was achieved for 1Q18. 30
Slide 10: Credit Financing
Credit Financing Loan base expanded to RM3.3 billion Total loan base as at end of 1Q18 expanded by 55% 1Q Revenue to RM3.3 billion (1Q17: RM2.13 billion). RM’ Mil 67.3 80 NPL ratio was at 1.89% as at end 1Q18, lower than 43.6 60 the corresponding period last year of 2.18%. 40 Consequently, the
Slide 11: Automotive
Automotive Higher sales volume of PV and after sales throughput Revenue for 1Q18 was 28% above last year, 1Q Revenue benefitted from expanded network. RM’ Mil 330.1 400 Sales volume of passenger vehicles (“PV”) and after 257.1 300 sales throughput were higher than last year by 32% and 24% respec
Slide 12: Fertilizers Trading
Fertilizers Trading Improved results from Malaysian and Indonesian markets. The Division recorded improved revenue and RM’ Mil 1Q Revenue 284.6 operating profit for 1Q18 with higher sales volume and higher average selling prices from the 300 213.6 Malaysian and Indonesian markets. 200 Sales volu
Slide 13: Building Materials
Building Materials Operating profit dampened by compressed margin The Division’s revenue for 1Q18 was higher than last RM’ Mil 1Q Revenue 442.6 year by 28% with higher contribution from the quarry, 500 asphalts, clay, Singapore aggregate trading and 344.6 400 trading of building materials and petr
Slide 14: Thank You
@ HAP SENG Lint you
Hap Seng Consolidated Berhad — Q1 2018 Earnings Presentation on 6ix