Beshom Holdings Bhd · MYX:BESHOM
Beshom Holdings Bhd — Q1 FY2023 Earnings Presentation
16 slides from Beshom Holdings Bhd's earnings presentation, Sep 29, 2022
Slide 1: 1QFY2023 Results Update
BESHOM HOLDINGS BERHAD 1QFY2023 Results Update 29 September 2022
Slide 2: Contents
Contents Financial Highlights 1QFY2023 Review by Segment BESHOM HOLDINGS BERHAD (Registration no. 202101001114 (1401412-A)) 1QFY2023 Results Update
Slide 3: 1QFY2023 vs. 1QFY2022
1QFY2023 vs. 1QFY2022 For the period ended 31 July 2022, the Group recorded revenue of RM48.3 million which was marginally lower by 1.8% as compared to the previous year’s corresponding period of RM49.1 million, reflecting continued challenges in the MLM division. Gross profit margin decreased margi
Slide 4: 1QFY2023 vs. 1QFY2022
1QFY2023 vs. 1QFY2022 1QFY2023 1QFY2022 Variance 31 July 2022 31 July 2021 +/- (RM’mil) (RM’mil) Revenue 48.26 49.14 -1.8% Pre-tax Profit 9.49 9.39 +1.1% Profit After Tax 7.10 7.05 +0.7% Net Margin (%) 14.7% 14.3% +0.1% EPS (sen) 2.34 2.42 -0.08 sen BESHOM HOLDINGS BERHAD (Registration no. 202101001
Slide 5: Statement of Financial Position
Statement of Financial Position 1QFY2023 FYE2022 31 July 2022 30 April 2022 (audited) (RM’mil) (RM’mil) Net cash + Short term investment 112.34 117.29 Total assets 372.10 370.14 Total liabilities 35.95 41.04 Shareholders' equity 324.03 317.06 Net assets per share (RM) 1.08 1.06 BESHOM HOLDINGS BERHA
Slide 6: Segment Revenue
Segment Revenue 1QFY2023 Segment 1QFY2023 1QFY2022 31 July 2022 31 July 2021 Others, (RM’mil) (%) (RM’mil) (%) 2% Retail, 18% MLM 21.49 45% 30.08 61% MLM, 45% Wholesale 16.99 35% 10.81 22% Wholesale, Retail 8.66 18% 7.25 15% 35% Others 1.12 2% 1.00 2% Total 48.26 100% 49.14 100% BESHOM HOLDINGS BERH
Slide 7: Review by Segment: Multi Level Marketing (MLM)
Review by Multi Level Marketing (“MLM”) Segment Wholesale Retail Others
Slide 8: MLM
MLM Revenue 35.00 30.00 MLM 1QFY2023 1QFY2022 Changes 25.00 Segment 31 July 2022 31 July 2021 -28.6% (RM'mil) 20.00 15.00 (RM’mil) (RM’mil) (%) 10.00 5.00 External 21.49 30.08 -28.6% - Revenue 1QFY2022 1QFY2023 Profit Before Tax Profit 2.75 6.24 -55.9% 7.00 Before Tax 6.00 5.00 (RM'mil) 4.00 -55.9%
Slide 9: MLM
MLM MLM revenue and pre-tax profit decreased from RM30.1 million and RM6.2 million in the preceding year’s corresponding quarter to RM21.5 million and RM2.7 million respectively. The reopening of economic and social sectors is posing additional challenges to the MLM division after two years of restr
Slide 10: Wholesale
Wholesale Revenue 18.00 16.00 Wholesale 1QFY2023 1QFY2022 Changes 14.00 12.00 Segment 31 July 2022 31 July 2021 +57.2% (RM'mil) 10.00 8.00 (%) 6.00 (RM’mil) (RM’mil) 4.00 2.00 External 16.99 10.81 +57.2% - Revenue 1QFY2022 1QFY2023 Profit Before Tax Profit 5.61 1.73 +224.3% 6.00 Before Tax 5.00 4.00
Slide 11: Wholesale
Wholesale Wholesale revenue rebounded by over 50% to RM17.0 million from the depressed base of RM10.8 million in the preceding year’s corresponding quarter when business activities were restricted due to the various phases of MCOs and the delivery of non-essential goods was disallowed during the loc
Slide 12: Retail
Retail Revenue 9.00 Retail 1QFY2023 1QFY2022 Changes 8.50 Segment 31 July 2022 31 July 2021 8.00 (RM'mil) (%) 7.50 +19.4% (RM’mil) (RM’mil) 7.00 External 8.66 7.25 +19.4% 6.50 Revenue 1QFY2022 1QFY2023 Profit Before Tax Profit 0.52 0.35 +48.6% 0.60 Before Tax 0.50 (RM'mil) 0.40 0.30 +48.6% 0.20 0.10
Slide 13: Retail
Retail The Retail division posted a 19.4% increase in revenue to RM8.7 million and a 48.6% increase in pre-tax profit to RM0.5 million, as compared to the previous year’s corresponding quarter of RM7.3 million and RM0.3 million respectively. The comparison was against a lower base in the previous ye
Slide 14: "Others" segment
"Others" segment Revenue 1.15 “Others” 1QFY2023 1QFY2022 Changes 1.10 Segment 31 July 2022 31 July 2021 1.05 (RM'mil) +12.0% (RM’mil) (RM’mil) (%) 1.00 0.95 External 1.12 1.00 +12.0% 0.90 Revenue 1QFY2022 1QFY2023 Profit Before Tax Profit 0.64 1.07 -40.2% 1.20 Before Tax 1.00 0.80 (RM'mil) 0.60 -40.
Slide 15: "Others" segment
"Others" segment Revenue comprises mainly rental income from investment properties, manufacturing of health supplements and credit & leasing business. The main revenue contributor is income from the rental of investment properties. During the period under review, pre-tax profit decreased by 40.2% to
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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