Beshom Holdings Bhd · MYX:BESHOM
Beshom Holdings Bhd — FY2023 Earnings Presentation
16 slides from Beshom Holdings Bhd's earnings presentation, Jun 23, 2023
Slide 1: 4QFY2023 Results Update
BESHOM HOLDINGS BERHAD 4QFY2023 Results Update 23 June 2023
Slide 2: Contents
Contents Financial Highlights FYE2023 Review by Segment BESHOM HOLDINGS BERHAD (Registration no. 202101001114 (1401412-A)) 4QFY2023 Results Update
Slide 3: FYE2023 vs. FYE2022
FYE2023 vs. FYE2022 For the year ended 30 April 2023, the Group posted lower revenue of RM174.2 million which represented a decrease of 16.9% as compared to RM209.6 million in the previous financial year’s corresponding period, reflecting continued challenges in the MLM division. Reflecting lower re
Slide 4: FYE2023 vs. FYE2022
FYE2023 vs. FYE2022 FYE2023 FYE2022 Variance 30 Apr 2023 30 Apr 2022 +/- (audited) (RM’mil) (RM’mil) Revenue 174.16 209.56 -16.9% Pre-tax Profit 24.10 40.30 -40.2% Profit After Tax 16.59 28.93 -42.7% Net Margin (%) 9.5% 13.8% -4.3% EPS (sen) 5.39 9.46 -4.07 sen BESHOM HOLDINGS BERHAD (Registration n
Slide 5: Statement of Financial Position
Statement of Financial Position FYE2023 FYE2022 30 Apr 2023 30 Apr 2022 (audited) (RM’mil) (RM’mil) Net cash + Short term investment 95.23 117.29 Total assets 353.55 370.14 Total liabilities 32.74 41.04 Shareholders' equity 308.77 317.06 Net assets per share (RM) 1.03 1.06 BESHOM HOLDINGS BERHAD (Re
Slide 6: Segment Revenue
Segment Revenue FYE2023 Segment FYE2023 FYE2022 30 Apr 2023 30 Apr 2022 Others, (audited) 3% (RM’mil) (%) (RM’mil) (%) Retail, MLM 70.72 41% 115.40 55% 22% MLM, 41% Wholesale 59.63 34% 53.13 25% Retail 39.01 22% 36.96 18% Wholesale, 34% Others 4.79 3% 4.07 2% Total 174.16 100% 209.56 100% BESHOM HOL
Slide 7: Review by Segment: Multi Level Marketing (MLM)
Review by Multi Level Marketing (“MLM”) Segment Wholesale Retail Others
Slide 8: MLM
MLM Revenue 140.00 120.00 MLM FYE2023 FYE2022 Changes 100.00 Segment 30 Apr 2023 30 Apr 2022 -38.7% (RM'mil) 80.00 60.00 (RM’mil) (RM’mil) (%) 40.00 20.00 External 70.72 115.40 -38.7% - Revenue FYE2022 FYE2023 Profit Before Tax Profit 7.30 21.06 -65.3% 25.00 Before Tax 20.00 (RM'mil) 15.00 -65.3% 10
Slide 9: MLM
MLM The MLM division has faced continuous challenges during the year under review. Persistent inflationary pressures and weak purchasing power have hurt members’ ability to spend especially on non-essential goods, dampening their response to various rebates, marketing and incentive trip campaigns. T
Slide 10: Wholesale
Wholesale Revenue 62.00 60.00 Wholesale FYE2023 FYE2022 Changes 58.00 Segment 30 Apr 2023 30 Apr 2022 +12.2% (RM'mil) 56.00 54.00 (RM’mil) (RM’mil) (%) 52.00 50.00 External 59.63 53.13 +12.2% 48.00 Revenue FYE2022 FYE2023 Profit Before Tax Profit 10.90 12.47 -12.6% 13.00 Before Tax 12.50 12.00 (RM'm
Slide 11: Wholesale
Wholesale During the financial year under review, Wholesale division revenue increased by 12.2% to RM59.6 million as compared to the preceding year’s corresponding period of RM53.1 million. Higher revenue was mainly boosted by the “last-buy” sales promotion prior to the price increase for selected C
Slide 12: Retail
Retail Revenue 39.50 39.00 Retail FYE2023 FYE2022 Changes 38.50 Segment 30 Apr 2023 30 Apr 2022 38.00 (RM'mil) 37.50 (RM’mil) (RM’mil) (%) 37.00 +5.6% 36.50 36.00 External 39.01 36.96 +5.6% 35.50 Revenue FYE2022 FYE2023 Profit Before Tax Profit 2.77 3.44 -19.5% 4.00 Before Tax 3.50 3.00 (RM'mil) 2.5
Slide 13: Retail
Retail The division achieved higher revenue of RM39.0 million, an increase of 5.6% as compared to RM36.9 million in the previous year’s corresponding period. The comparison was against a lower base in the previous year’s corresponding period which was affected by the imposition of various phases of
Slide 14: "Others" segment
"Others" segment Revenue 5.00 4.80 “Others” FYE2023 FYE2022 Changes 4.60 Segment 30 Apr 2023 30 Apr 2022 (RM'mil) 4.40 +17.7% (RM’mil) (RM’mil) (%) 4.20 4.00 3.80 External 4.79 4.07 +17.7% 3.60 Revenue FYE2022 FYE2023 Profit Before Tax Profit 3.13 3.33 -6.0% 3.35 Before Tax 3.30 (RM'mil) 3.25 3.20 3
Slide 15: "Others" segment
"Others" segment Revenue comprises mainly rental income from investment properties, manufacturing of health supplements and credit & leasing business. The main revenue contributor is from the rental of investment properties. Higher rental income generated from investment properties was offset by low
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
Beshom Holdings Berhad — FY2023 Earnings Presentation on 6ix