Hap Seng Consolidated Bhd. · MYX:HAPSENG

Hap Seng Consolidated Bhd — Q3 2014 Earnings Presentation

15 slides from Hap Seng Consolidated Bhd's earnings presentation, Nov 26, 2014

1. Slide 1: 3rd Quarter Ended 30 September 2014 Results

   3rd Quarter Ended 30 September 2014 Results 26 November 2014

2. Slide 2: Scope

   Scope 1 Group financials 2 Operations review 1

3. Slide 3: Group financials

   SECTION 1 © Group financials @ HAP SENG CONSOLIDATED BERHAD

4. Slide 4: Consolidated income statement summary

   Consolidated income statement summary  Group revenue for 3Q14 at Change YTD- YTD- Change RM828.9 million was (RM’ Million) 3Q14 3Q13 (%) 14 13 (%) comparable to the corresponding Revenue 828.9 829.5 - 2,784.8 2,453.4 14% period last year whilst the operating profit at RM250.6 Gross profit 1 170.3 1

5. Slide 5: Group segment results

   Group segment results REVENUE OPERATING PROFIT REVENUE OPERATING PROFIT Change Change YTD- YTD- Change YTD- YTD- Change (RM’ Million) 3Q14 3Q13 3Q14 3Q13 (%) (%) 14 13 (%) 14 13 (%) Plantation 123.4 115.2 7% 32.9 41.9 -22% 368.8 300.5 23% 128.3 81.5 58% Property 112.7 102.0 11% 170.41 31.21 >100% 67

6. Slide 6: Group segment results

   Group segment results Revenue Operating Profit * Geographical Segment 3Q14 3Q14 3Q14 Revenue 3Q13 3Q13 3Q13 Revenue * Include divisions with Operating Profits only. 5

7. Slide 7: Operations review

   SECTION 2 © Operations review @ HAP SENG CONSOLIDATED BERHAD

8. Slide 8: Plantation

   Plantation Stronger sales volume in 3Q14 mitigated CPO price drop and higher production cost  Higher revenue for 3Q14 at RM123.4 million mainly attributable to higher CPO sales volume. However, operating profit for 3Q14 was affected by lower average selling price of CPO and higher production costs.

9. Slide 9: Property

   Property Significant improvement in both revenue and operating profit  The Division recorded better results for 3Q14 and YTD, benefitted from:  Higher revenue from ongoing project developments particularly from the luxurious condominium projects, “The Horizon Residence” and “Nadi Bangsar” in Penin

10. Slide 10: Automotive

    Automotive Strong revenue growth from all segments with improved margin  The Automotive Division‟s revenue and operating profit for 3Q14 were higher than last year by 43% and 35% respectively with higher sales and better margin achieved in all segments, namely the passenger vehicle, commercial vehi

11. Slide 11: Fertilizer

    Fertilizer Better operating profit for both Malaysian & Indonesian operations  Revenue for 3Q14 and YTD were affected by: • Rationalization of the Indonesian operations. • Lower average selling prices in both the Malaysian and Indonesian markets arising from lower global fertilizer prices.  In spi

12. Slide 12: Credit financing

    Credit financing Stable revenue and profit growth backed by higher loan base and prudent credit risk management  The Division‟s loan base expanded by 11% to RM1.72 billion from RM1.55 billion in the corresponding period last year.  Consequently, revenue for 3Q14 and YTD grew by 12% and 13% respect

13. Slide 13: Quarry and Building Materials

    Quarry and Building Materials Soft market demand affected 3Q14 results  The Division„s revenue for 3Q14 were affected mainly by lower sales from its quarry operations and Singapore aggregate trading business amid slowdown in the constructions activities.  The overall sales for YTD was better than

14. Slide 14: Trading

    Trading YTD results backed by higher sales with improved margin for building materials  The Trading Division‟s 3Q14 revenue was 14% lower than the corresponding period last year mainly due to lower sales from its building materials segment as the Division focus on higher margin products. Higher pro

15. Slide 15: Thank You

    Thank You @ HAP SENG CONSOLIDATED BERHAD

Hap Seng Consolidated Berhad — Q3 2014 Earnings Presentation on 6ix