Hap Seng Consolidated Bhd. · MYX:HAPSENG
Hap Seng Consolidated Bhd — Q2 2014 Earnings Presentation
15 slides from Hap Seng Consolidated Bhd's earnings presentation, Aug 27, 2014
Slide 1: 2nd Quarter Ended 30 June 2014 Results
2nd Quarter Ended 30 June 2014 Results 27 August 2014
Slide 2: Scope
Scope 1 Group financials 2 Operations review 1
Slide 3: Group financials
SECTION 1 © Group financials @ HAP SENG CONSOLIDATED BERHAD
Slide 4: Consolidated income statement summary
Consolidated income statement summary Group’s revenue for 2Q14 at Change YTD- YTD- Change RM1.1 billion and YTD at (RM’ Million) 2Q14 2Q13 (%) 14 13 (%) RM1.96 billion were 33% Revenue 1,097.4 826.8 33% 1,955.9 1,619.2 21% and 21% above the Gross profit 1 434.7 131.8 >100% 687.1 247.2 >100% corres
Slide 5: Group segment results
Group segment results REVENUE OPERATING PROFIT REVENUE OPERATING PROFIT Change Change YTD- YTD- Change YTD- YTD- Change (RM’ Million) 2Q14 2Q13 2Q14 2Q13 (%) (%) 14 13 (%) 14 13 (%) Plantation 107.0 84.0 27% 37.4 11.5 >100% 245.4 185.4 32% 95.5 39.6 >100% Property 387.8 83.6 >100% 289.61 22.31 >100%
Slide 6: Group segment results
Group segment results Revenue Operating Profit * Geographical Segment 2Q14 2Q14 2Q14 Revenue 2Q13 2Q13 2Q13 Revenue * Include divisions with Operating Profits only. 5
Slide 7: Operations review
SECTION 2 © Operations review @ HAP SENG CONSOLIDATED BERHAD
Slide 8: Plantation
Plantation Better 2Q14 and YTD results backed by prices and volume, and lower production costs The Division registered better results for 2Q14 and YTD, benefitted from the following factors: Higher average selling price realization of CPO for 2Q14 at RM2,600/MT and YTD at RM2,639/MT (2Q13: RM2,2
Slide 9: Property
Property Increase in sales resulting in stronger 2Q14 and YTD Division’s revenue and operating profit for 2Q14 and YTD benefitted from: Higher revenue contribution from ongoing project developments particularly the luxurious condominium projects, “The Horizon Residence” and “Nadi Bangsar” in Wes
Slide 10: Automotive
Automotive Improvement in profit for 2Q14 & YTD supported by higher revenue with better margin for Malaysian operations The Malaysian operations recorded higher revenue with better average gross profit margin and hence significant improvement in its operating profit for 2Q14 and YTD as compared to
Slide 11: Fertilizer
Fertilizer Turnaround of Indonesian business resulted in better YTD operating profit Revenue for 2Q14 and YTD were affected by: • Rationalization of the Indonesian operations. • Lower average selling prices in both the Malaysian and Indonesian markets arising from lower global fertilizer prices.
Slide 12: Credit financing
Credit financing Strong 2Q14 and YTD performance backed by higher loan base and prudent credit risk management The Division registered a strong 2Q14 and YTD performance with loan base expanding 28% to RM1.95 billion from RM1.52 billion in the corresponding period last year. Revenue for 2Q14 and
Slide 13: Quarry and Building Materials
Quarry and Building Materials Profit driven by strong revenue growth and better margins Revenue for 2Q14 and YTD grew by 13% and 16% respectively over the corresponding period last year attributable to higher sales of aggregates and bricks:- Aggregates sales increased by 20% in 2Q14 and 21% for
Slide 14: Trading
Trading 2Q14 and YTD operating profit backed by better sales and margins for building materials The Division continue to expand its market share in the building materials segment, recording significant sales growth of 34% for 2Q14 and 81% for YTD for this segment whilst maintaining the petroleum p
Slide 15: Thank You
Thank You @ HAP SENG CONSOLIDATED BERHAD
Hap Seng Consolidated Berhad — Q2 2014 Earnings Presentation on 6ix