Hap Seng Consolidated Bhd. · MYX:HAPSENG
Hap Seng Consolidated Bhd — Q2 2018 Earnings Presentation
15 slides from Hap Seng Consolidated Bhd's earnings presentation, Aug 30, 2018
Slide 1: 2nd Quarter Ended 30 June 2018 Results
2nd Quarter Ended 30 June 2018 Results 30 August 2018
Slide 2: Scope
Scope 1 Group financials 2 Operations review 2
Slide 3: Group financials
SECTION 1 Group financials
Slide 4: Consolidated income statement summary
Consolidated income statement summary The Group revenue for the current quarter 2Q17 YTD 2017 and YTD were above last year’s (RM’ Million) 2Q18 (restated) Change YTD 2018 (restated) Change corresponding period by 17% and 23% Revenue 1,529.5 1,307.9 17% 3,057.7 2,484.8 23% respectively with higher
Slide 5: Group segment results
Group segment results REVENUE OPERATING PROFIT REVENUE OPERATING PROFIT (RM’ Million) 2Q18 2Q17 Change 2Q18 2Q17 Change YTD 2018 YTD 2017 Change YTD 2018 YTD 2017 Change Plantation 107.9 133.5 (19%) 7.2 36.8 (81%) 229.1 277.6 (17%) 29.6 69.4 (57%) Property 1 273.9 226.3 21% 167.7 137.7 22% 588.3 433
Slide 6: Group segment results – 2nd Quarter
Group segment results – 2nd Quarter Building Fertilizers Materials Plantation 6% 3% 3% Automotive Plantation 3% 7% Building Materials Property 27% 17% Revenue Credit Operating 22% Property 2Q18 Credit Profit 63% 5% 2Q18 Fertilizers Automotive 22% 22% Building Materials Fertilizers 7% Plantation 5% 1
Slide 7: Group segment results – YTD
Group segment results – YTD Fertilizers Building Materials Plantation 4% 1% 5% Automotive Plantation 2% 7% Building Materials Property 28% 19% Credit Revenue 20% Operating YTD 2018 Profit Credit YTD 2018 4% Fertilizers Automotive 22% Property 20% 68% Plantation Fertilizers Building Building 11% Plan
Slide 8: Operations review
SECTION 2 Operations review
Slide 9: Plantations
Plantations Results for 2Q18 and YTD affected by lower selling prices Results for 2Q18 were adversely impacted by lower average selling 2Q Revenue YTD Revenue prices and sales volume of CPO and PK whilst the lower YTD results RM’ Mil 133.5 RM’ Mil 277.6 were mainly due to lower average selling pri
Slide 10: Property Investment and Development
Property Investment and Development Stable occupancy rates and rental rates for its investment properties Results for 2Q18 and YTD benefitted from higher 2Q Revenue YTD Revenue contribution from disposal of non-strategic RM’ Mil 273.9 RM’ Mil 588.3 properties and higher contribution from investmen
Slide 11: Credit Financing
Credit Financing Loan base grew by 34% The Division’s revenue and operating profit for 2Q Revenue YTD Revenue the 2Q18 and YTD benefitted from higher loan RM’ Mil 69.9 RM’ Mil 137.2 80 150 base. 60 44.2 87.8 Total loan base at RM3.3 billion as at end of 100 40 June 2018 was 34% higher than last
Slide 12: Automotive
Automotive Higher revenue from both PV and After sales segments Revenue for 2Q18 and YTD were higher than last year 2Q Revenue YTD Revenue with higher contributions from both the vehicles and RM’ Mil RM’ Mil 350.2 680.2 after sales segments, benefitting from expanded 400 800 284.7 network and “tax
Slide 13: Fertilizers Trading
Fertilizers Trading Improved results from Malaysian and Indonesian operations The Division recorded higher revenue and 2Q Revenue YTD Revenue operating profit for 2Q18 and YTD with RM’ Mil 342.2 RM’ Mil 400 626.8 improved results from the Malaysian and 276.7 800 490.3 Indonesian operations. 300 60
Slide 14: Building Materials
Building Materials Operating profit dampened by compressed margin The Division’s revenue for 2Q18 and YTD 2Q Revenue YTD Revenue were 15% and 22% above the corresponding RM’ Mil 427.1 RM’ Mil 869.7 500 period last year respectively with higher 370.0 1,000 714.6 400 contribution from the building m
Slide 15: Thank You
@ HAP SENG Lint you
Hap Seng Consolidated Berhad — Q2 2018 Earnings Presentation on 6ix