Beshom Holdings Bhd · MYX:BESHOM
Beshom Holdings Bhd — Hai-O Enterprise Berhad — FY2019 Earnings Presentation
17 slides from Beshom Holdings Bhd's earnings presentation, Jun 26, 2019
Slide 1: 4QFY2019 Results Update
4QFY2019 Results Update 26 June 2019 1
Slide 2: Contents
Contents Financial Highlights FYE2019 Review by Segment 2
Slide 3: FYE2019 vs. FYE2018
FYE2019 vs. FYE2018 For the year ended 30 April 2019, the Group recorded a lower revenue of RM328.4 million which represented a decrease of 28.9% as compared to the previous financial year of RM461.7 million, after factored in the impact of MFRS 9 and MFRS 15 which was effective on or after 1 Januar
Slide 4: FYE2019 vs. FYE2018
FYE2019 vs. FYE2018 ✓ The Group recorded a lower pre-tax profit of RM63.5 million as compared to the preceding year of RM96.5 million, a decrease of 34.2%. The decrease in pre-tax profit was mainly attributed to lower revenue registered and additional marketing and branding costs of approximately RM
Slide 5: FYE2019 vs. FYE2018
FYE2019 vs. FYE2018 FYE2019 FYE2018 Variance 30 Apr 2019 30 Apr 2018 +/- (audited) (RM’mil) (RM’mil) Revenue 328.35 461.70 -28.9% Pre-tax Profit 63.50 96.49 -34.2% Profit attributable 47.41 72.26 -34.4% to owners Net Margin (%) 14.4% 15.7% -1.3% EPS (sen) 16.31 24.88 -8.57 sen Hai-O 4QFY2019 Results
Slide 6: Statement of Financial Position
Statement of Financial Position FYE2019 FYE2018 30 Apr 2019 30 Apr 2018 (audited) (RM’mil) (RM’mil) Net Cash + Short Term Investment 95.12 126.62 Total Assets 364.67 396.00 Total Liabilities 44.12 77.08 Shareholders' Equity 310.07 307.91 Net Assets per Share (sen) 107 sen 106 sen Hai-O 4QFY2019 Resu
Slide 7: Segment Revenue
Segment Revenue FYE2019 Segment FYE2019 FYE2018 30 Apr 2019 30 Apr 2018 Others, 1% (RM’mil) (%) (RM’mil) (%) Retail, 12% MLM 224.89 69% 352.55 76% Wholesa Wholesale 58.91 18% 63.65 14% le, 18% MLM, Retail 40.56 12% 41.48 9% 69% Others 3.99 1% 4.02 1% Total 328.35 100% 461.70 100% Hai-O 4QFY2019 Resu
Slide 8: Review by Segment
Review by Multi Level Marketing (“MLM”) Segment Wholesale Retail Others 8
Slide 9: MLM
MLM Revenue 400.00 350.00 MLM FYE2019 FYE2018 Changes 300.00 Segment 30 Apr 2019 30 Apr 2018 250.00 -36.2% (RM'mil) 200.00 (RM’mil) (RM’mil) (%) 150.00 100.00 50.00 External 224.89 352.55 -36.2% - Revenue FYE2018 FYE2019 Profit Before Tax Profit 47.40 70.25 -32.5% 80.00 Before Tax 70.00 60.00 -32.5%
Slide 10: MLM
MLM For the FYE2019, the MLM division recorded a lower revenue of RM224.9 million as compared to the preceding year of RM352.6 million, a decrease of 36.2%. Excluding the adjustment arising from MFRSs, the revenue was RM234.2 million. ✓ The division is continuously facing challenges during the year,
Slide 11: Wholesale
Wholesale Revenue 65.00 64.00 Wholesale FYE2019 FYE2018 Changes 63.00 Segment 30 Apr 2019 30 Apr 2018 62.00 (RM'mil) 61.00 -7.4% 60.00 (RM’mil) (RM’mil) (%) 59.00 58.00 57.00 External 58.91 63.66 -7.4% 56.00 Revenue FYE2018 FYE2019 Profit Before Tax Profit 10.87 19.80 -45.1% 25.00 Before Tax 20.00 -
Slide 12: Wholesale
Wholesale For the FYE2019, the Wholesale division recorded a lower revenue of RM58.9 million, a decrease of 7.4% as compared to the preceding year of RM63.7 million. Despite additional sales generated from patented medicine, it was offset by the drop in sales of vintage tea and other products. The p
Slide 13: Retail
Retail Revenue 41.60 Retail FYE2019 FYE2018 Changes 41.40 41.20 Segment 30 Apr 2019 30 Apr 2018 41.00 (RM'mil) 40.80 -2.2% (RM’mil) (RM’mil) (%) 40.60 40.40 External 40.56 41.48 -2.2% 40.20 40.00 Revenue FYE2018 FYE2019 Profit Before Tax Profit 0.92 1.51 -39.1% 1.60 Before Tax 1.40 1.20 1.00 -39.1%
Slide 14: Retail
Retail For the FYE2019, excluding the adjustment arising from MFRSs, the Retail division revenue maintained at about RM41.0 million. Consumer are cautious in spending especially on premium products as the overall sentiment in the retail industry remained weak coupled with rising cost of living. As a
Slide 15: "Others" Segment
“Others" Segment Revenue 4.03 4.02 -0.7% “Others” FYE2019 FYE2018 Changes 4.01 Segment 30 Apr 2019 30 Apr 2018 (RM'mil) 4.00 (RM’mil) (RM’mil) (%) 3.99 3.98 External 3.99 4.02 -0.7% 3.97 Revenue FYE2018 FYE2019 Profit Before Tax Profit 4.29 4.92 -12.8% 5.00 Before Tax 4.80 -12.8% (RM'mil) 4.60 4.40
Slide 16: "Others" Segment
“Others” Segment Revenue comprised mainly of rental income from investment properties, manufacturing activities and credit & leasing business. The main contributors are from the manufacturing and properties segments. Despite higher rental income from investment properties which increased by 25.0% to
Slide 17: Thank You
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 17
Hai-O Enterprise Berhad — FY2019 Earnings Presentation on 6ix