Beshom Holdings Bhd · MYX:BESHOM
Beshom Holdings Bhd — H1 FY2022 Earnings Presentation
16 slides from Beshom Holdings Bhd's earnings presentation, Dec 21, 2021
Slide 1: 1HFY2022 Results Update
BESHOM HOLDINGS BERHAD 1HFY2022 Results Update 21 Dec 2021
Slide 2: Contents
Contents Financial Highlights 1HFY2022 Review by Segment BESHOM HOLDINGS BERHAD (Registration no. 202101001114 (1401412-A)) 1HFY2022 Results Update
Slide 3: 1HFY2022 vs. 1HFY2021
1HFY2022 vs. 1HFY2021 For the first half of the current financial year, the Group recorded lower revenue and pre-tax profit of RM104.9 million and RM19.9 million, as compared to RM137.4 million and RM27.2 million, representing a decrease of 23.7% and 26.9% respectively from the corresponding period
Slide 4: 1HFY2022 vs. 1HFY2021
1HFY2022 vs. 1HFY2021 1HFY2022 1HFY2021 Variance 31 Oct 2021 31 Oct 2020 +/- (RM’mil) (RM’mil) Revenue 104.88 137.38 -23.7% Pre-tax Profit 19.88 27.20 -26.9% Profit After Tax 14.97 20.44 -26.8% Net Margin (%) 14.3% 14.9% -0.6% EPS (sen) 5.07 7.10 -2.03 sen BESHOM HOLDINGS BERHAD (Registration no. 20
Slide 5: Statement of Financial Position
Statement of Financial Position 1HFY2022 FYE2021 31 Oct 2021 30 April 2021 (audited) (RM’mil) (RM’mil) Net cash + Short term investment 117.38 113.45 Total assets 372.27 371.50 Total liabilities 47.72 48.40 Shareholders' equity 312.99 312.76 Net assets per share (RM) 1.04 1.08 BESHOM HOLDINGS BERHAD
Slide 6: Segment Revenue
Segment Revenue 1HFY2022 Segment 1HFY2022 1HFY2021 31 Oct 2021 31 Oct 2020 Others, 2% (RM’mil) (%) (RM’mil) (%) Retail, 14% MLM 65.57 63% 93.51 68% MLM, Wholesale 22.24 21% 25.91 19% Wholesale, 63% 21% Retail 15.11 14% 16.07 12% Others 1.96 2% 1.89 1% Total 104.88 100% 137.38 100% BESHOM HOLDINGS BE
Slide 7: Review by Segment
Review by Multi Level Marketing (“MLM”) Segment Wholesale Retail Others
Slide 8: MLM
MLM Revenue 100.00 MLM 1HFY2022 1HFY2021 Changes 80.00 Segment 31 Oct 2021 31 Oct 2020 60.00 (RM'mil) 40.00 -29.9% (RM’mil) (RM’mil) (%) 20.00 External 65.57 93.51 -29.9% - Revenue 1HFY2021 1HFY2022 Profit Before Tax Profit 13.35 18.43 -27.6% 20.00 Before Tax 18.00 16.00 14.00 (RM'mil) 12.00 -27.6%
Slide 9: MLM
MLM The MLM revenue and pre-tax profit decreased by 29.9% and 27.6% to RM65.6 million and RM13.4 million, as compared to the preceding year’s corresponding period of RM93.5 million and RM18.4 million respectively. The comparison was against a higher base in the previous year’s corresponding period,
Slide 10: Wholesale
Wholesale Revenue 27.00 26.00 25.00 Wholesale 1HFY2022 1HFY2021 Changes (RM'mil) 24.00 Segment 31 Oct 2021 31 Oct 2020 23.00 22.00 (RM’mil) (RM’mil) (%) -14.2% 21.00 20.00 External 22.24 25.91 -14.2% 1HFY2021 1HFY2022 Revenue Profit Before Tax 8.00 Profit 3.70 7.10 -47.9% 7.00 Before Tax 6.00 5.00 (
Slide 11: Wholesale
Wholesale The Wholesale division posted a 14.2% decline in revenue to RM22.3 million, compared to the preceding year’s corresponding period of RM25.9 million. The performance of the Wholesale division was badly hit by various MCOs imposed since the beginning of the financial year. Despite the reopen
Slide 12: Retail
Retail Revenue 16.20 16.00 Retail 1HFY2022 1HFY2021 Changes 15.80 Segment 31 Oct 2021 31 Oct 2020 15.60 (RM'mil) 15.40 (%) -6.0% (RM’mil) (RM’mil) 15.20 15.00 14.80 External 15.11 16.07 -6.0% 14.60 Revenue 1HFY2021 1HFY2022 Profit Before Tax Profit 0.94 -0.04 * 1.00 Before Tax 0.80 (RM'mil) 0.60 *No
Slide 13: Retail
Retail The Retail division was similarly afflicted by a series of lockdowns and stringent SOPs imposed by the government. Amidst the nascent domestic economic recovery, consumers remained highly cautious in spending as rising inflationary pressures further dampened already weak purchasing power. In
Slide 14: "Others" segment
"Others" segment Revenue 1.98 1.96 “Others” 1HFY2022 1HFY2021 Changes 1.94 Segment 31 Oct 2021 31 Oct 2020 (RM'mil) 1.92 +3.7% 1.90 (RM’mil) (RM’mil) (%) 1.88 1.86 External 1.96 1.89 +3.7% 1.84 Revenue 1HFY2021 1HFY2022 Profit Before Tax Profit 1.85 1.75 +5.7% 1.86 Before Tax 1.84 1.82 (RM'mil) 1.80
Slide 15: "Others" segment
“Others” segment Revenue comprises mainly rental income from investment properties, health supplement manufacturing and credit & leasing business. The main contributors are manufacturing and rental income from investment properties. During the period under review, pre-tax profit improved marginally
Slide 16: Thank you
BES HOM THE BEST STARTS FROM HOME Thank you Wisma Hai-O, Lot 11995, Batu 2, Jalan Kapar, 41400 Klang, Selangor Darul Ehsan, Malaysia T. +603-3342 3322 | F.+603-33428285 | E.info@beshom.com www.beshom.com
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