Hap Seng Consolidated Bhd. · MYX:HAPSENG
Hap Seng Consolidated Bhd — Q3 2021 Earnings Presentation
15 slides from Hap Seng Consolidated Bhd's earnings presentation, Nov 26, 2021
Slide 1: 3rd Quarter Ended 30 September 2021 Results
3rd Quarter Ended 30 September 2021 Results 26 November 2021
Slide 2: Scope
Scope 1 Group financials 2 Operations review 2
Slide 3: Section 1: Group financials
SECTION 1 Group financials
Slide 4: Consolidated income statement summary
Consolidated income statement summary The Group’s revenue for 3Q21 and YTD were relatively YTD YTD (RM’ Million) 3Q21 3Q20 Change Change flat compared to the corresponding period last year 2021 2020 with lower contribution from Automotive Division for Revenue 1,633.5 1,661.7 (2%) 4,173.4 4,126.3 1
Slide 5: Group segment results
Group segment results REVENUE OPERATING PROFIT REVENUE OPERATING PROFIT (RM’ Million) YTD YTD YTD YTD 3Q21 3Q20 Change 3Q21 3Q20 Change Change Change 2021 2020 2021 2020 Plantation 173.6 128.9 35% 70.6 34.5 105% 476.0 314.3 51% 173.8 60.2 189% Property 1 566.9 462.3 23% 445.9 233.2 91% 1,036.4 1,199
Slide 6: Group segment results – 3rd Quarter
Group segment results – 3rd Quarter Building Plantation Trading, 4% Building Materials, 3% Materials 10% Plantation, 8% 11% Credit, 9% Trading 29% Revenue Property Operating 33% 3Q21 Profit 3Q21 Automotive Credit Property 16% 4% 73% Building Plantation Building Materials, 4% Materials 7% Plantation,
Slide 7: Group segment results – Year To Date
Group segment results – Year To Date Building Plantation Building Materials 4% Materials 11% Trading 6% Plantation 16% 9% Property 24% Credit 14% Trading Revenue Operating 32% YTD 2021 Profit YTD 2021 Credit Property 60% Automotive 19% 5% Building Plantation 7% Plantation 7% Materials 6% Credit 20%
Slide 8: Section 2: Operations review
SECTION 2 Operations review
Slide 9: Plantations: Results benefitted from higher prices realization
Plantations Results benefitted from higher prices realization Revenue for 3Q21 and YTD were 35% and 51% higher than last year 3Q Revenue YTD Revenue respectively with higher average selling prices of CPO and PK, dampened somewhat by lower sales volume of both products due to RM’ Mil RM’ Mil 476.0
Slide 10: Property Investment and Development
Property Investment and Development Operating profit benefitted from higher sale of non-strategic properties Revenue for 3Q21 and YTD benefitted from higher 3Q Revenue YTD Revenue contribution from investment properties segment and higher RM’ Mil 566.9 RM’ Mil 1,199.1 sales of non-strategic proper
Slide 11: Credit Financing
Credit Financing 47% higher loan disbursements in 3Q21 The Division’s revenue for 3Q21 and YTD were both 3Q Revenue YTD Revenue higher than last year by 2%, mainly due to higher RM’ Mil RM’ Mil 218.2 214.9 revenue from its United Kingdom operations. 100 71.0 250 69.4 Loan disbursement was 47% hi
Slide 12: Automotive
Automotive Results adversely affected by movement restrictions and supply Revenue for 3Q21 and YTD were 48% and 14% lower than the 3Q Revenue YTD Revenue corresponding period last year respectively. RM’ Mil RM’ Mil 981.6 507.6 841.4 Passenger car revenue in 3Q21 and YTD decreased by 56% and 600
Slide 13: Trading
Trading Improved results from fertilizers trading and MMSB businesses The Division comprises the fertilizers trading (“FT”), general trading (“GT”), 3Q Revenue YTD Revenue and ceramic tiles business under Malaysian Mosaics Sdn Bhd (“MMSB”). 491.6 RM’ Mil 442.3 RM’ Mil 1,391.7 Division’s revenue
Slide 14: Building Materials
Building Materials Better results from both QBM & Hafary The Division comprises the quarry, asphalts and bricks 3Q Revenue YTD Revenue businesses (“QBM”); and trading of building materials by Hafary 386.8 RM’ Mil 133.0 RM’ Mil (“Hafary”). 150 109.4 400 Revenue for 3Q21 and YTD were above the cor
Slide 15: Thank You
@ HAP SENG aon
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