Hap Seng Consolidated Bhd. · MYX:HAPSENG
Hap Seng Consolidated Bhd — Q2 2022 Earnings Presentation
15 slides from Hap Seng Consolidated Bhd's earnings presentation, Aug 26, 2022
Slide 1: 2nd Quarter Ended 30 June 2022 Results
2nd Quarter Ended 30 June 2022 Results 26 August 2022
Slide 2: Scope
Scope 1 Group Financials 2 Operations Review 2
Slide 3: Group Financials
SECTION 1 Group Financials
Slide 4: Consolidated income statement summary
Consolidated income statement summary The Group’s revenue and Operating Profit for 2Q22 (RM’ Million) 2Q22 2Q21 Change YTD YTD Change and YTD were above last year with significantly higher 2022 2021 contribution from Plantation, Automotive, Trading and Revenue 1,700.9 1,262.4 35% 3,346.3 2,540.0 3
Slide 5: Group segment results
Group segment results REVENUE OPERATING PROFIT REVENUE OPERATING PROFIT (RM’ Million) YTD YTD YTD YTD 2Q22 2Q21 Change 2Q22 2Q21 Change Change Change 2022 2021 2022 2021 Plantation 246.9 181.1 36% 94.8 63.4 50% 489.0 302.4 62% 220.4 103.2 114% Property 1 121.9 201.7 (40%) 26.9 83.3 (68%) 252.9 469.5
Slide 6: Group segment results – 2nd Quarter
Group segment results – 2nd Quarter Plantation Building Materials Building Materials 14% 11% Plantation 9% 33% Property 7% Trading Revenue Credit 25% Operating 3% 2Q22 Profit Trading 45% 2Q22 Automotive Property Automotive 5% Credit 9% 22% 17% Building Building Materials, 5% Materials Plantation 14%
Slide 7: Group segment results – Year To Date
Group segment results – Year To Date Plantation Building Materials Building Materials 14% 8% Plantation 9% 35% Property Trading 7% 23% Operating Revenue Credit 3% Profit YTD 2022 Trading YTD 2022 45% Automotive 4% Automotive Property 22% Credit 14% 16% Building Building Materials 5% Plantation Mater
Slide 8: Operations Review
SECTION 2 Operations Review
Slide 9: Plantations: Results benefitted from higher prices realization
Plantations Results benefitted from higher prices realization Revenue and Operating Profit for 2Q22 and YTD were significantly higher 2Q Revenue YTD Revenue than last year benefitting from higher average selling prices despite lower RM’ Mil 246.9 RM’ Mil 489.0 sales volume of both CPO and PK in 2Q
Slide 10: Property Investment and Development
Property Investment and Development Lower contribution from property development projects and property sales 2Q Revenue YTD Revenue Revenue and Operating Profit for 2Q22 and YTD were RM’ Mil RM’ Mil 469.5 lower than last year mainly due to lower contribution 201.7 250 500 from property development
Slide 11: Credit Financing
Credit Financing Lower loan base due to early loan redemption The Division’s revenue for 2Q22 and YTD were lower 2Q Revenue YTD Revenue than last year, mainly due to lower contribution from its RM’ Mil 73.9 RM’ Mil 147.3 Malaysian operations. 80 59.9 121.5 150 Malaysian operations results were a
Slide 12: Automotive
Automotive Higher contribution from both PV and CV segments The Division’s revenue for 2Q22 and YTD improved over last 2Q Revenue YTD Revenue year by 54% and 35% respectively with higher contribution from RM’ Mil RM’ Mil both passenger vehicles (“PV”) and commercial vehicles (“CV”) 406.6 778.0 500
Slide 13: Trading
Trading Improved results from all segments The Division comprises the fertilizers trading (“FT”) , general 2Q Revenue YTD Revenue trading (“GT”), and ceramic tiles business under Malaysian RM’ Mil RM’ Mil Mosaics Sdn Bhd (“MMSB”). 1,000 805.9 1,591.4 2,000 Division’s revenue for 2Q22 and YTD wer
Slide 14: Building Materials
Building Materials Operating profit for 2Q22 more than doubled that of last year The Division comprises the quarry, asphalts and bricks businesses 2Q Revenue YTD Revenue (“QBM”); and trading of building materials by Hafary (“Hafary”). RM’ Mil 166.3 RM’ Mil Revenue for 2Q22 and YTD were 26% and 1
Slide 15: Thank You
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