Hap Seng Consolidated Bhd. · MYX:HAPSENG
Hap Seng Consolidated Bhd — Q1 2025 Earnings Presentation
14 slides from Hap Seng Consolidated Bhd's earnings presentation, May 29, 2025
Slide 1: 1st Quarter Ended 31 March 2025 Results
1st Quarter Ended 31 March 2025 Results 29th May 2025
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 1Q25 revenue at RM1.18b was 12% (RM’ Million) 1Q25 1Q24 Change below the corresponding period last year due to lower contribution from Property, Credit Revenue 1,176.1 1,339.4 (12%) Financing, Automotive and Trading Divisions. Gross profit 358.9 40
Slide 5: Group segment results
Group segment results REVENUE OPERATING PROFIT (RM’ Million) 1Q25 1Q24 Change 1Q25 1Q24 Change Plantation 179.4 159.0 13% 30.5 49.3 (38%) 1 Property 184.9 226.9 (19%) 112.7 122.7 (8%) Credit Financing 40.6 45.0 (10%) 34.4 40.1 (14%) Automotive 117.1 151.4 (23%) 5.1 9.0 (43%) Trading 490.2 643.9 (24%
Slide 6: Group segment results – 1st Quarter
Group segment results – 1st Quarter Plantation Plantation Building Materials 14% Building Materials, 14% 12% 19% Property Trading, 12% 15% Revenue Operating 1Q25 Automotive Profit Credit 2% 3% 1Q25 Trading Property 39% Automotive Credit 46% 10% 14% Building Plantation Building Materials, 12% Materia
Slide 7: Section 2: Operations Review
SECTION 2 Operations Review
Slide 8: Plantations
Plantations Higher revenue due to higher average selling prices ❑ 1Q25 revenue at RM179.4 million was higher than the corresponding period last year by 13% mainly 1Q Revenue due to higher average selling prices of CPO and PK despite lower sales volume. 1Q25 1Q24 RM’ Mil 179.4 200 159.0 Average Price
Slide 9: Property Investment and Development
Property Investment and Development Higher revenue from hospitality segment 1Q Revenue ❑ The Division’s 1Q25 revenue at RM184.9 million was lower than the corresponding period last year by 19% mainly due to lower contribution from RM’ Mil 226.9 250 184.9 the property development segment and lower co
Slide 10: Credit Financing
Credit Financing Lower loan base with cautious lending ❑ The Division continues to consolidate its operations with prudent 1Q Revenue measures to manage risks and uncertainties in both the domestic and RM’ Mil global economies surrounding its sectors of financing, adopting a 60 45.0 40.6 conservativ
Slide 11: Automotive
Automotive Weaker 1Q results from both PV and CV segment ❑ The Division’s 1Q25 revenue at RM117.1 million was lower than the 1Q Revenue corresponding period last year by 23% with lower contribution from both RM’ Mil its passenger vehicles (“PV”) and commercial vehicles (“CV”) segments, 200 151.4 117
Slide 12: Trading
Trading Fertilizer Trading results impacted by normalization of selling prices ❑ The Division comprises the fertilizers trading (“FT”) and general trading 1Q Revenue (“GT”) businesses. RM’ Mil 643.9 800 ❑ The Division’s 1Q25 revenue at RM490.2 million was lower than the 490.2 corresponding period la
Slide 13: Building Materials
Building Materials Better results from Hafary ❑ The Division comprises the quarry and bricks businesses (“QBM”), and 1Q Revenue trading of building materials by Hafary. RM’ Mil 300 237.9 223.2 ❑ The Division’s 1Q25 revenue at RM237.9 million was higher than the 250 corresponding period last year by
Slide 14: Thank You
@ HAP SENG Soin
Hap Seng Consolidated Berhad — Q1 2025 Earnings Presentation on 6ix