Beshom Holdings Bhd · MYX:BESHOM
Beshom Holdings Bhd — 9MFY2024 Earnings Presentation
16 slides from Beshom Holdings Bhd's earnings presentation, Mar 26, 2024
Slide 1: 9MFY2024 Results Update
BESHOM HOLDINGS BERHAD 9MFY2024 Results Update 26 March 2024
Slide 2: Contents
Contents Financial Highlights 9MFY2024 Review by Segment BESHOM HOLDINGS BERHAD (Registration no. 202101001114 (1401412-A)) 9MFY2024 Results Update
Slide 3: 9MFY2024 vs. 9MFY2023
9MFY2024 vs. 9MFY2023 For the nine month ended 31 January 2024, the Group posted lower revenue and pre-tax profit of RM115.2 million and RM11.1 million respectively, decreased by 14.8% and 42.0% as compared to the previous year’s corresponding period of RM135.2 million and RM19.1 million respectivel
Slide 4: 9MFY2024 vs. 9MFY2023
9MFY2024 vs. 9MFY2023 9MFY2024 9MFY2023 Variance 31 Jan 2024 31 Jan 2023 +/- (RM’mil) (RM’mil) Revenue 115.23 135.21 -14.8% Pre-tax Profit 11.08 19.09 -42.0% Profit After Tax 7.91 14.04 -43.7% Net Margin (%) 6.86% 10.38% -3.52% EPS (sen) 2.60 4.50 -1.90 sen BESHOM HOLDINGS BERHAD (Registration no. 2
Slide 5: Statement of Financial Position
Statement of Financial Position 9MFY2024 FY2023 31 Jan 2024 30 April 2023 (audited) (RM’mil) (RM’mil) Net cash + Short term investment 101.11 95.63 Total assets 350.79 353.18 Total liabilities 33.24 31.41 Shareholders' equity 305.62 309.66 Net assets per share (RM) 1.02 1.03 BESHOM HOLDINGS BERHAD (
Slide 6: Segment Revenue
Segment Revenue 9MFY2024 Segment 9MFY2024 9MFY2023 31 Jan 2024 31 Jan 2023 Others, (RM’mil) (%) (RM’mil) (%) MLM, 4% 34% Retail, MLM 39.07 34% 55.34 41% 22% Wholesale 46.30 40% 45.12 33% Retail 25.66 22% 31.11 23% Wholesale, 40% Others 4.20 4% 3.64 3% Total 115.23 100% 135.21 100% BESHOM HOLDINGS BE
Slide 7: Review by Segment
Review by Multi Level Marketing (“MLM”) Segment Wholesale Retail Others
Slide 8: MLM
MLM Revenue 60.00 MLM 9MFY2024 9MFY2023 Changes 50.00 Segment 31 Jan 2024 31 Jan 2023 40.00 -29.4% (RM'mil) 30.00 (RM’mil) (RM’mil) (%) 20.00 10.00 External 39.07 55.34 -29.4% - Revenue 9MFY2023 9MFY2024 Profit Before Tax Profit 1.30 4.78 -72.8% 6.00 Before Tax 5.00 4.00 (RM'mil) -72.8% 3.00 2.00 1.
Slide 9: MLM
MLM In the face of a challenging business environment due to inflationary pressure and poor market sentiment, the recovery of business momentum and drive among distributors are not improving despite various marketing activities being carried out during the period under review. With many new market p
Slide 10: Wholesale
Wholesale Revenue 46.50 Wholesale 9MFY2024 9MFY2023 Changes 46.00 Segment 31 Jan 2024 31 Jan 2023 +2.70% (RM'mil) 45.50 (RM’mil) (RM’mil) (%) 45.00 External 46.30 45.12 +2.70% 44.50 Revenue 9MFY2023 9MFY2024 Profit Before Tax Profit 6.55 8.97 -27.0% 10.00 Before Tax 8.00 (RM'mil) 6.00 -27.0% 4.00 2.
Slide 11: Wholesale
Wholesale Divisional revenue increased marginally by about 2.7% to RM46.3 million as compared to RM45.1 million in the previous year’s corresponding quarter, mainly attributed to higher sales of premium patented medicine and sales of goods to duty free shop which increased substantially due to highe
Slide 12: Retail
Retail Revenue 35.00 30.00 Retail 9MFY2024 9MFY2023 Changes 25.00 Segment 31 Jan 2024 31 Jan 2023 (RM'mil) 20.00 (RM’mil) (RM’mil) (%) 15.00 -17.4% 10.00 5.00 External 25.66 31.11 -17.4% - Revenue 9MFY2023 9MFY2024 Profit Before Tax Profit 0.33 2.77 -88.1% 3.00 Before Tax 2.50 (RM'mil) 2.00 1.50 -88
Slide 13: Retail
Retail The retail industry in Malaysia continues to face challenges amid rising cost of living which has adversely affected the purchasing power of consumers. The division registered a 17.4% decrease in revenue to RM25.7 million as compared to RM31.1 million in the previous year’s corresponding quar
Slide 14: "Others" segment
"Others" segment Revenue 4.30 4.20 “Others” 9MFY2024 9MFY2023 Changes 4.10 4.00 Segment 31 Jan 2024 31 Jan 2023 3.90 +15.4% (RM'mil) 3.80 (RM’mil) (RM’mil) (%) 3.70 3.60 3.50 External 4.20 3.64 +15.4% 3.40 3.30 Revenue 9MFY2023 9MFY2024 Profit Before Tax Profit 2.90 2.57 +12.8% 3.00 Before Tax 2.90
Slide 15: "Others" segment
"Others" segment Revenue from the Other division is primarily derived from the rental of investment properties, manufacturing of health supplements and credit & leasing business. During the period under review, pre-tax profit increased by 12.8% to RM2.9 million mainly attributed to cost optimisation
Slide 16: Thank you
BES HOM THE BEST STARTS FROM HOME Thank you Wisma Hai-O, Lot 11995, Batu 2, Jalan Kapar, 41400 Klang, Selangor Darul Ehsan, Malaysia T. +603-3342 3322 | F.+603-33428285 | E.info@beshom.com www.beshom.com
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