Beshom Holdings Bhd · MYX:BESHOM
Beshom Holdings Bhd — Hai-O Enterprise Berhad — Q1 FY2020 Earnings Presentation
16 slides from Beshom Holdings Bhd's earnings presentation, Sep 27, 2019
Slide 1: 1QFY2020 Results Update
1QFY2020 Results Update 27 September 2019 1
Slide 2: Contents
Contents Financial Highlights 1QFY2020 Review by Segment 2
Slide 3: 1QFY2020 vs. 1QFY2019
1QFY2020 vs. 1QFY2019 For the 1st quarter under review, the Group recorded lower revenue of RM66.1 million, a decrease of 17.5% as compared to the previous year corresponding quarter of RM80.1 million. ✓ The decreased in revenue was mainly attributable to lower contribution from the Multi-level mark
Slide 4: 1QFY2020 vs. 1QFY2019
1QFY2020 vs. 1QFY2019 1QFY2020 1QFY2019 Variance 31 July 2019 31 July 2018 +/- (RM’mil) (RM’mil) Revenue 66.06 80.09 -17.5% Pre-tax Profit 10.20 14.44 -29.4% Profit attributable 7.74 11.00 -29.6% to owners Net Margin (%) 11.7% 13.7% -2.0% EPS (sen) 2.67 3.78 -1.11 sen Hai-O 1QFY2020 Results Update -
Slide 5: Statement of Financial Position
Statement of Financial Position 1QFY2020 FYE2019 31 July 2019 30 Apr 2019 (audited) (RM’mil) (RM’mil) Net Cash + Short Term Investment 100.05 95.11 Total Assets 372.79 364.24 Total Liabilities 45.90 43.56 Shareholders' Equity 316.68 310.22 Net Assets per Share (sen) 109 sen 107 sen Hai-O 1QFY2020 Re
Slide 6: Segment Revenue
Segment Revenue 1QFY2020 Segment 1QFY2020 1QFY2019 31 July 2019 31 July 2018 Others, 2% (RM’mil) (%) (RM’mil) (%) Retail, 12% MLM 42.06 64% 58.03 72% Wholesale 14.81 22% 13.56 17% Wholesale, MLM, 22% 64% Retail 8.13 12% 7.62 10% Others 1.06 2% 0.88 1% Total 66.06 100% 80.09 100% Hai-O 1QFY2020 Resul
Slide 7: Review by Segment
Review by Multi Level Marketing (“MLM”) Segment Wholesale Retail Others 7
Slide 8: MLM
MLM Revenue 70.00 60.00 MLM 1QFY2020 1QFY2019 Changes 50.00 Segment 31 July 2019 31 July 2018 -27.5% (RM'mil) 40.00 30.00 (RM’mil) (RM’mil) (%) 20.00 10.00 External 42.06 58.03 -27.5% - Revenue 1QFY2019 1QFY2020 Profit Before Tax Profit 7.30 10.63 -31.3% 12.00 Before 10.00 Tax -31.3% 8.00 (RM'mil) 6
Slide 9: MLM
MLM The division registered lower revenue and pre-tax profit of RM42.1 million and RM7.3 million for the period under review as compared to the preceding year’s corresponding quarter of RM58.0 million and RM10.6 million respectively. ✓ The slowdown in members’ recruitment and renewal since the last
Slide 10: Wholesale
Wholesale Revenue 15.00 Wholesale 1QFY2020 1QFY2019 Changes 14.50 Segment 31 July 2019 31 July 2018 (RM'mil) 14.00 +9.2% (RM’mil) (RM’mil) (%) 13.50 13.00 External 14.81 13.56 +9.2% 12.50 Revenue 1QFY2019 1QFY2020 Profit Before Tax Profit 1.70 3.67 -53.7% 4.00 Before Tax 3.50 3.00 (RM'mil) 2.50 -53.
Slide 11: Wholesale
Wholesale During the period under review, revenue increased by 9.2% to RM14.8 million as compared to the preceding year’s corresponding quarter of RM13.6 million. ✓ The increase in revenue was mainly attributable to the higher sales from Chinese medicated tonic and bird nest product. ✓ The Group has
Slide 12: Retail
Retail Revenue 8.20 1QFY2020 1QFY2019 8.10 Retail Changes 8.00 Segment 31 July 2019 31 July 2018 7.90 +6.7% (RM'mil) 7.80 (RM’mil) (RM’mil) (%) 7.70 7.60 7.50 External 8.13 7.62 +6.7% 7.40 7.30 Revenue 1QFY2019 1QFY2020 Profit Before Tax Profit -0.30 -0.58 +48.3% - Before Tax 1QFY2019 1QFY2020 (0.10
Slide 13: Retail
Retail Revenue increased by 6.7% to RM8.1 million as compared to the preceding year’s corresponding quarter of RM7.6 million. ✓ In the face of slower domestic growth and sluggish purchasing power, the division launched an extensive sales promotion on one of its premium house brand products which rec
Slide 14: "Others" Segment
“Others" Segment Revenue 1.20 1.00 “Others” 1QFY2020 1QFY2019 Changes +20.5% 0.80 Segment 31 July 2019 31 July 2018 (RM'mil) 0.60 (RM’mil) (RM’mil) (%) 0.40 0.20 External 1.06 0.88 +20.5% - Revenue 1QFY2019 1QFY2020 Profit Before Tax Profit 1.48 0.85 +74.1% 1.60 Before Tax 1.40 1.20 +74.1% (RM'mil)
Slide 15: "Others" Segment
“Others” Segment Revenue comprised mainly of rental income from investment properties, food supplement manufacturing activities and credit & leasing business. The main contributors are manufacturing and rental income from investment properties. During the period under review, the pre-tax profit incr
Slide 16: 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 16
Hai-O Enterprise Berhad — Q1 FY2020 Earnings Presentation on 6ix