Hiap Teck Venture Bhd. · MYX:HIAPTEK

Hiap Teck Venture Bhd — Q1 FY2025 Earnings Presentation

10 slides from Hiap Teck Venture Bhd's earnings presentation, Dec 13, 2024

  1. Slide 1: Analysts' Briefing Q1 / FY 2025 Performance Review

    ANALYSTS’ BRIEFING Q1 / FY 2025 PERFORMANCE REVIEW 13 DECEMBER 2024

  2. Slide 2: Corporate Structure (31 October 2024)

    CORPORATE STRUCTURE (31 OCTOBER 2024) Key Operating Units 2

  3. Slide 3: The Macro Environment

    THE MACRO ENVIRONMENT MALAYSIA REAL GDP GROWTH 16.00 14.00 14.20  Malaysia's economy grew at 5.3% in Q3 12.00 2024, down from 5.9% in Q2, due to 10.00 8.00 8.90 slower private consumption. 7.00 6.00 5.60 5.90 5.00 5.30 4.20  2024 full-year growth is projected at 4.00 2.90 3.10 2.90 2.00 0.00 1Q 20

  4. Slide 4: Group Performance Review - 1Q FY25 vs 1Q FY24

    HTVB GROUP PERFORMANCE REVIEW - 1Q FY25 vs 1Q FY24 (corresponding quarter) (RM’M) 1Q FY25 1Q FY24 Variance Revenue 401.7 407.5 -1%  Revenue declined marginally by 1%, impacted Gross Profit 6.3 20.4 -69% by lower average selling prices. GPM/(GLM) 1.6% 5.0%  Gross profit fell due to compressed margi

  5. Slide 5: Group Performance Review - 1Q FY2025 vs 4Q FY2024

    HTVB GROUP PERFORMANCE REVIEW - 1Q FY2025 vs 4Q FY2024 (preceding quarter) (RM’M) 1Q FY25 4Q FY24 Variance Revenue 401.7 416.6 -4%  Revenue decreased by 4%, driven by lower Gross Profit 6.3 16.4 -62% average selling prices. GPM 1.6% 3.9% Profit/(Loss) before Interest (2.6) 6.9 -62%  Gross profit d

  6. Slide 6: Eastern Steel Sdn. Bhd.

    HTVB a pa a on Eastern Steel Sdn. Bhd.

  7. Slide 7: ESSB Performance Review – 1Q FY2025 vs 4Q FY2024

    ESSB PERFORMANCE REVIEW – 1Q FY2025 vs 4Q FY2024 (preceding quarter) (RM’M) 1Q FY25 4Q FY24 Variance  Despite an 11% increase in sales volume, Volume (kMT) revenue declined by 6%, driven by softer 614.3 555.5 11% average selling prices and a weaker USD/MYR Revenue 1,364.6 1,444.8 -6% exchange rate.

  8. Slide 8: ESSB Performance Review – 1Q FY2025

    ESSB PERFORMANCE REVIEW – 1Q FY2025 Q1 FY2025 Product Mix Billet, 32% Slab, 68% Slab Billet 8

  9. Slide 9: Outlook – Moderate Growth and Remain Cautious

    OUTLOOK – MODERATE GROWTH AND REMAIN CAUTIOUS  The Group reported a net profit of RM34.9 million for 1Q FY2025, primarily driven by strong contributions from ESSB, while the downstream segment incurred a pre-tax loss of RM9.6 million, impacted by declining global steel prices.  Global steel demand

  10. Slide 10: Thank You

    HTVB THANK YOU

Hiap Teck Venture — Q1 FY2025 Earnings Presentation on 6ix