Beshom Holdings Bhd · MYX:BESHOM
Beshom Holdings Bhd — 9MFY2023 Earnings Presentation
16 slides from Beshom Holdings Bhd's earnings presentation, Mar 27, 2023
Slide 1: 9MFY2023 Results Update
BESHOM HOLDINGS BERHAD 9MFY2023 Results Update 27 March 2023
Slide 2: Contents
Contents Financial Highlights 9MFY2023 Review by Segment BESHOM HOLDINGS BERHAD (Registration no. 202101001114 (1401412-A)) 9MFY2023 Results Update
Slide 3: 9MFY2023 vs. 9MFY2022
9MFY2023 vs. 9MFY2022 For the nine months ended 31 January 2023, the Group recorded lower revenue of RM135.2 million, a decrease of 17.7% as compared to RM164.3 million in the previous financial year’s corresponding period, reflecting continued challenges in the MLM division. Gross profit margin imp
Slide 4: 9MFY2023 vs. 9MFY2022
9MFY2023 vs. 9MFY2022 9MFY2023 9MFY2022 Variance 31 Jan 2023 31 Jan 2022 +/- (RM’mil) (RM’mil) Revenue 135.21 164.29 -17.7% Pre-tax Profit 19.09 30.74 -37.9% Profit After Tax 14.04 23.10 -39.2% Net Margin (%) 10.38% 14.06% -3.68% EPS (sen) 4.50 7.64 -3.14 sen BESHOM HOLDINGS BERHAD (Registration no.
Slide 5: Statement of Financial Position
Statement of Financial Position 9MFY2023 FYE2022 31 Jan 2023 30 April 2022 (audited) (RM’mil) (RM’mil) Net cash + Short term investment 96.34 117.29 Total assets 359.11 370.14 Total liabilities 40.21 41.04 Shareholders' equity 306.68 317.06 Net assets per share (RM) 1.02 1.06 BESHOM HOLDINGS BERHAD
Slide 6: Segment Revenue
Segment Revenue 9MFY2023 Segment 9MFY2023 9MFY2022 31 Jan 2023 31 Jan 2022 Others, (RM’mil) (%) (RM’mil) (%) 3% Retail, MLM, MLM 55.34 41% 93.59 57% 23% 41% Wholesale 45.12 33% 39.42 24% Retail 31.11 23% 28.25 17% Wholesale, 33% Others 3.64 3% 3.03 2% Total 135.21 100% 164.29 100% 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 9MFY2023 9MFY2022 Changes 80.00 Segment 31 Jan 2023 31 Jan 2022 60.00 -40.9% (RM'mil) 40.00 (RM’mil) (RM’mil) (%) 20.00 External 55.34 93.59 -40.9% - Revenue 9MFY2022 9MFY2023 Profit Before Tax Profit 4.78 17.60 -72.8% 20.00 Before Tax 18.00 16.00 14.00 (RM'mil) 12.00 -72.8% 1
Slide 9: MLM
MLM Against the challenging backdrop, the MLM division revenue and pre-tax profit decreased from RM93.6 million and RM17.6 million in the preceding year’s corresponding quarter to RM55.3 million and RM4.8 million respectively. The division has faced continuous challenges during the period under revi
Slide 10: Wholesale
Wholesale Revenue 46.00 45.00 44.00 Wholesale 9MFY2023 9MFY2022 Changes 43.00 Segment 31 Jan 2023 31 Jan 2022 +14.5% (RM'mil) 42.00 41.00 40.00 (RM’mil) (RM’mil) (%) 39.00 38.00 37.00 External 45.12 39.42 +14.5% 36.00 Revenue 9MFY2022 9MFY2023 Profit Before Tax Profit 8.97 7.75 +15.7% 9.50 Before Ta
Slide 11: Wholesale
Wholesale The Wholesale revenue increased by 14.5% to RM45.1 million as compared to the preceding year’s corresponding period of RM39.4 million. Higher revenue was mainly boosted by the “last-buy” sales promotion prior to the price increase for selected Chinese medicated tonic and cooking wine in th
Slide 12: Retail
Retail Revenue 32.00 Retail 9MFY2023 9MFY2022 Changes 31.00 Segment 31 Jan 2023 31 Jan 2022 30.00 (RM'mil) 29.00 (RM’mil) (RM’mil) (%) +10.1% 28.00 27.00 External 31.11 28.25 +10.1% 26.00 Revenue 9MFY2022 9MFY2023 Profit Before Tax Profit 2.77 2.97 -6.7% 3.00 Before Tax 2.95 2.90 (RM'mil) 2.85 -6.7%
Slide 13: Retail
Retail The Retail division revenue of RM31.1 million was 10.1% higher as compared to RM28.3 million in the previous year’s corresponding quarter. The comparison was against a lower base in the previous year’s corresponding quarter which was affected by the imposition of various phases of MCOs. Pre-t
Slide 14: "Others" segment
"Others" segment Revenue 4.00 3.50 “Others” 9MFY2023 9MFY2022 Changes 3.00 Segment 31 Jan 2023 31 Jan 2022 2.50 +20.1% (RM'mil) 2.00 (RM’mil) (RM’mil) (%) 1.50 1.00 0.50 External 3.64 3.03 +20.1% - Revenue 9MFY2022 9MFY2023 Profit Before Tax Profit 2.57 2.42 +6.2% 2.60 Before Tax 2.55 2.50 (RM'mil)
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. Higher rental income generated from investment properties was offset
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
Beshom Holdings Berhad — 9MFY2023 Earnings Presentation on 6ix