Convenience Retail Asia Limited · HKEX:831

Convenience Retail Asia — Q1 2005 Earnings Presentation

13 slides from Convenience Retail Asia's earnings presentation, Apr 25, 2005

  1. Slide 1: 1st Quarter 2005 Results Presentation

    1 Quarter 2005 Results Pres st entation A member of the Li & Fung (Retailing) Group 25 April 2005

  2. Slide 2: Agenda

    1st Quarter 2005 Results Presentation Agenda  1st Quarter 2005 Financial Results Highlights  2005 Outlook & Update  Questions & Answers

  3. Slide 3: Group Turnover

    1st Quarter 2005 Financial Results Highlights Group Turnover 2,000 1,736.5* 1,515.8* 1,500 + 14.5% HK$ Million 1,000 398.3 * 454.2 500 0 2003 2004 1st Qtr 2004 1st Qtr 2005 No. of store – HK 186 205 190 212 No. of store - China 7 20 10 22 * Restated

  4. Slide 4: Marketing & Promotions

    Marketing & Promotions Customer Appreciation Fortune Cookies Promotion Promotion

  5. Slide 5: Slightly Lower Gross Margin / Other Income

    Slightly Lower Gross Margin / Other Income Gross Margin/Other Income as % of Sales (Excluding Interest Income) 34% 33% 32.2% * 32.3% * - 0.1% 32% % of Sales 31% 30.3% * 30.2% 30% 29% 28% 2003 2004 1st Qtr 2004 1st Qtr 2005 * Restated

  6. Slide 6: Upward Pressure on Store Operating Expenses

    Upward Pressure on Store Operating Expenses + 0.9% 30% 23.8% 25% 22.7% * 23.2% * 22.9% * 20% 6.6% 6.0% 6.2% 6.5% % of Sales 15% 7.0% 7.3% 7.5% 7.9% 10% 5% 9.2% 9.3% 9.4% 9.7% 0% 2003 2004 1st Qtr 2004 1st Qtr 2005 Labour Cost Rental Cost Other Expenses * Restated

  7. Slide 7: Group Net Profit

    1st Quarter 2005 Financial Results Highlights Group Net Profit 80 66.3 * 70 60.5 * 60 50 + 5% HK$ Million 40 30 20 8.5 * 8.9 10 0 2003 2004 1st Qtr 2004 1st Qtr 2005 * Restated

  8. Slide 8: Net Profit as % of Sales

    1st Quarter 2005 Financial Results Highlights Net Profit as % of Sales 5% 4.0% * 3.8%* 4% - 0.1% % of Sales 3% 2.1% * 2.0% 2% 1% 0% 2003 2004 1st Qtr 2004 1st Qtr 2005 * Restated

  9. Slide 9: Basic Earnings Per Share

    1st Quarter 2005 Financial Results Highlights Basic Earnings Per Share 12 9.9 * 10 9.1 * 8 HK Cents 6 4 1.3 * 1.3 2 0 2003 2004 1st Qtr 2004 1st Qtr 2005 * Restated

  10. Slide 10: 1st Quarter 2005 Financial Results Highlights

    1st Quarter 2005 Financial Results Highlights 1st Qtr 2004 1st Qtr 2005 % Change Group Turnover (HK$ 398.3* 454.2 + 14% Million) Group Net Profit (HK$ 8.5* 8.9 + 5% Million) Net Profit as % of Sales 2.1%* 2.0% (0.1%) Basic Earnings Per Share 1.3 Cents* 1.3 Cents - * Restated

  11. Slide 11: 2005 Update & Outlook

    2005 Update & Outlook

  12. Slide 12: 2005 Update & Outlook: Circle K Hong Kong

    2005 Update & Outlook Circle K Hong Kong  Steady improvement in consumer sentiment and spending  Double-digit increase in rental  More head-to-head competition  Quality strategy and promotion to drive comparable store sales growth

  13. Slide 13: 2005 Update & Outlook: To Summarize

    2005 Update & Outlook To Summarize  On target to reaching 240 stores in Hong Kong and 80 stores in Southern China  All markets in the Pearl River Delta set up and operating by end of 2005

Convenience Retail Asia — Q1 2005 Earnings Presentation on 6ix