Chin Well Holdings Bhd — Shareholder Meeting (November 2022)

5 slides from Chin Well Holdings Bhd's shareholder meeting presentation, Nov 29, 2022

Slide 1: AGM Company Update and Forecast
AGM Company Update and Forecast 29 November 2022
Slide 2: Steel Industry Updates
Steel Industry Updates China Europe USA Other ASIA • Zero-COVID Policy • ADD on steel • USD 1 Trillion • Vietnam Mills shut since April 22, fasteners from budget for down 40% - 50% of pulling economy China to EU with infrastructure it’s production. and steel prices. 89.69% tax starts approved to boo
Slide 3: FY22 Operations Review
Rebound in orders after Pandemic of COVID19  FY22 fastener revenue increased by 40% y-o-y to 180.0 Fastener Revenue & ASP Trend 10 160.0 RM493.26mil 140.0 8 • Sales volume increased by 3% in FY2022, mainly due to the uplift 120.0 of the lock down in Europe in couple with the impose of ADD on 100.0
Slide 4: Revenue Analysis: Geographical & Product
Global market shows gradual recovery 100% FY22 Revenue Segmentation: Product 35% 32% 28% 80% 38% 47% 18.1% 1% 0% 4% yoy 1% 1% 9% 60% 17% 14% 1% Wire 10% 28% 43% 40% 31% 18% RM657.84mil 42% 20% 29% 11% 23% 21% 3% 3% 6% 4% 0% 1% 2% 2018 2019 2020 2021 2022 Fasteners40.0% Others North America Europe Ot
Slide 5: Future Outlook
SUMMARY World wide high 1 Trillion USD inflation rate and infrastructure downturn on keeps orders economy from US Europe imposed Challenges and 89.69% ADD for Opportunities Steel Fasteners from China China Zero - China and US COVID Policy tension pushing interfering supply US to source and growth fr