Beshom Holdings Bhd · MYX:BESHOM
Beshom Holdings Bhd — Hai-O Enterprise Berhad — H1 FY2020 Earnings Presentation
16 slides from Beshom Holdings Bhd's earnings presentation, Dec 18, 2019
Slide 1: 1HFY2020 Results Update
197501000919 (22544-D) 1HFY2020 Results Update 18 December 2019 1
Slide 2: Contents
197501000919 (22544-D) Contents Financial Highlights 1HFY2020 Review by Segment 2
Slide 3: 1HFY2020 vs. 1HFY2019
1HFY2020 vs. 1HFY2019 For the first half of the financial year, the Group recorded lower revenue of RM 134.5 million, a decrease of 21.9% as compared to the previous year corresponding period of RM 172.3 million. The decrease in revenue was mainly attributable to lower contribution from the three ma
Slide 4: 1HFY2020 vs. 1HFY2019
1HFY2020 vs. 1HFY2019 1HFY2020 1HFY2019 Variance 31 Oct 2019 31 Oct 2018 +/- (RM’mil) (RM’mil) Revenue 134.45 172.26 -21.9% Pre-tax Profit 19.74 32.70 -39.6% Profit After Tax 15.06 24.60 -38.8% Net Margin (%) 11.2% 14.3% -3.1% EPS (sen) 5.19 8.47 -3.28 sen Hai-O 1HFY2020 Results Update - 18 Dec 2019
Slide 5: Statement of Financial Position
Statement of Financial Position 1HFY2020 FYE2019 31 Oct 2019 30 Apri2019 (audited) (RM’mil) (RM’mil) Net cash + Short term investment 111.46 95.11 Total assets 380.23 364.24 Total liabilities 72.48 43.56 Shareholders' equity 297.82 310.22 Net assets per share (sen) 103 107 Hai-O 1HFY2020 Results Upd
Slide 6: Segment Revenue
Segment Revenue 1HFY2020 Segment 1HFY2020 1HFY2019 31 Oct 2019 31 Oct 2018 Others, 2% (RM’mil) (%) (RM’mil) (%) Retail, 13% MLM 84.63 63% 121.20 70% Wholesale, MLM, Wholesale 29.95 22% 30.69 18% 22% 63% Retail 17.77 13% 18.44 11% Others 2.10 2% 1.93 1% Total 134.45 100% 172.26 100% Hai-O 1HFY2020 Re
Slide 7: Review by Segment
197501000919 (22544-D) Review by Multi Level Marketing (“MLM”) Segment Wholesale Retail Others 7
Slide 8: MLM
MLM Revenue 140.00 120.00 MLM 1HFY2020 1HFY2019 Changes 100.00 Segment 31 Oct 2019 31 Oct 2018 (RM'mil) 80.00 -30.2% 60.00 (RM’mil) (RM’mil) (%) 40.00 20.00 External 84.63 121.20 -30.2% - Revenue 1HFY2019 1HFY2020 Profit Before Tax Profit 14.92 24.88 -40.0% 30.00 Before Tax 25.00 20.00 (RM'mil) -40.
Slide 9: MLM
MLM The division recorded lower revenue and pre-tax profit of RM 84.6 million and RM 14.9 million for the period under review as compared to the preceding year’s corresponding period of RM 121.2 million and RM 24.9 million, decreased by 30.2% and 40.0% respectively. The division continues to suffer
Slide 10: Wholesale
Wholesale Revenue 30.80 30.60 Wholesale 1HFY2020 1HFY2019 Changes 30.40 Segment 31 Oct 2019 31 Oct 2018 (RM'mil) 30.20 30.00 -2.4% (RM’mil) (RM’mil) (%) 29.80 29.60 External 29.95 30.69 -2.4% 29.40 Revenue 1HFY2019 1HFY2020 Profit Before Tax Profit 2.66 6.01 -55.7% 7.00 Before Tax 6.00 5.00 (RM'mil)
Slide 11: Wholesale
Wholesale Wholesale revenue was maintained at about RM 30.0 million during the period under review, as higher sales generated from bird nest products export sales were offset by weakness in Chinese medicate tonic and patented medicine sales during the period. Pre-tax profit dropped to RM 2.7 million
Slide 12: Retail
Retail Revenue 18.60 18.40 Retail 1HFY2020 1HFY2019 Changes 18.20 Segment 31 Oct 2019 31 Oct 2018 (RM'mil) 18.00 (%) -3.6% (RM’mil) (RM’mil) 17.80 17.60 External 17.77 18.44 -3.6% 17.40 Revenue 1HFY2019 1HFY2020 Profit Before Tax Profit -0.10 0.02 -600% 0.04 Before Tax 0.02 - (RM'mil) (0.02) 1HFY201
Slide 13: Retail
Retail Retail revenue was maintained at about RM 18.0 million with a marginal loss of RM 0.1 million in the half year under review. Despite an aggressive promotion campaign during the period, buying momentum remained subdued especially for premium health supplement products in the midst of high cost
Slide 14: "Others" segment
"Others" segment Revenue 2.15 2.10 “Others” 1HFY2020 1HFY2019 Changes 2.05 Segment 31 Oct 2019 31 Oct 2018 (RM'mil) 2.00 +8.8% 1.95 (RM’mil) (RM’mil) (%) 1.90 1.85 External 2.10 1.93 +8.8% 1.80 Revenue 1HFY2019 1HFY2020 Profit Before Tax Profit 2.26 1.79 +26.3% 2.50 Before Tax 2.00 +26.3% 1.50 (RM'm
Slide 15: "Others" segment
“Others” segment Revenue comprised mainly rental income from investment properties, health food supplement manufacturing activities and credit & leasing business. The main contributors are manufacturing and rental income from investment properties. During the period under review, pre-tax profit incr
Slide 16: Thank You
197501000919 (22544-D) Thank You Wisma Hai-O, Lot 11995 Batu 2, Jalan Kapar 41400 Klang, Selangor D.E. T : 03-33423322 F : 03-33434257 www.hai-o.com.my 16
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