Hong Leong Asia Ltd. · SGX:H22
Hong Leong Asia — H1 2024 Earnings Presentation
9 slides from Hong Leong Asia's earnings presentation, Aug 13, 2024
Slide 1: 1H 2024 Results Presentation
HONG LEONG ASIA LTD. 1H 2024 RESULTS PRESENTATION 13 AUGUST 2024 | MR. STEPHEN HO KIAM KONG, CEO HONG LEONG ASIA LTD | 1H 2024 RESULTS PRESENTATION
Slide 2: 1H 2024 Financials
1H 2024 FINANCIALS 1H 2024 1H 2023 Change (%) Revenue (S$’000) 2,251,215 2,075,085 8.5% Net Profit (S$’000) 92,529 64,121 44.3% Net Profit Excluding Discontinued Operation (S$’000) 92,377 64,254 43.8% Net Profit Attributable to Shareholders (S$’000) 49,544 30,794 60.9% Earnings Per Share (Cent) 6.62
Slide 3: Key Segment Results
KEY SEGMENT RESULTS Unless specified, figures are in S$’000 1H 2024 1H 2023 Change (%) Powertrain Solutions Volume (Units) 192,743 165,793 16.3% Revenue 1,918,325 1,755,713 9.3% Profit After Tax 61,915 48,070 28.8% Building Materials Revenue 321,480 306,270 5.0% Profit After Tax 41,951 31,032 35.2%
Slide 4: Key Highlights of Cash Flow
KEY HIGHLIGHTS OF CASH FLOW 1H 2024 (S$’000) 1H 2023 (S$’000) Operating Cash Flow before Working Capital Changes 241,086 190,279 Net Cash Flow Generated from Operating Activities 45,528 75,241 (Less)/Add: Capital Expenditure (PPE and Intangible Assets) (43,594) (40,911) Net Cash Inflow from Disposal
Slide 5: Key Business Updates: Powertrain Solutions
KEY BUSINESS UPDATES Business Segment Business Updates ▪ Powertrain 192,743 engine units sold in 1H 2024, an increase of 16.3% YoY. Growth in volumes was led by truck engines and bus/industrial engines. Sales increased in all products categories except pickups. Solutions ▪ Higher gross margins on on
Slide 6: Key Business Updates: Building Materials
KEY BUSINESS UPDATES Business Segment Business Updates ▪ BMU’s order books in the Precast and Ready-Mix Concrete (RMC) segments in Singapore continue to Building grow from public and private sector project launches. Materials ▪ Prefabrication business in R3 Precast affected by slow project off-take
Slide 7: Awards & Accolades
AWARDS & ACCOLADES ▪ Ranked 14th on the Singapore Governance and Transparency Index under the General Category by NUS Business School’s Centre for Governance and Sustainability, August 2024 ▪ Ranked among Asia’s 350 leading companies as one of Asia Pacific Climate Leaders 2023 on the Financial Times
Slide 8: Sustainability Driving Innovation for a Low-Carbon and Circular Economy
SUSTAINABILITY DRIVING INNOVATION FOR 1H 2024 INITIATIVES A LOW-CARBON • CYI/GYMCL – Yuchai Xingshunda’s 50 green energy buses equipped with hydrogen fuel cells At HLA, our vision is to develop and deliver sustainable AND CIRCULAR commenced commercial operations. and innovative urban solutions for c
Slide 9: Contact Us
HONG LEONG ASIA LTD. 16 Raffles Quay #26-00 CONTACT US Hong Leong Building Singapore 048581 +65 6220 8411 investor_relations@hlasia.com.sg www.hlasia.com.sg Hong Leong Asia Ltd. HONG LEONG ASIA LTD | 1H 2024 RESULTS PRESENTATION