Hap Seng Consolidated Bhd. · MYX:HAPSENG
Hap Seng Consolidated Bhd — Q4 2021 Earnings Presentation
15 slides from Hap Seng Consolidated Bhd's earnings presentation, Feb 25, 2022
Slide 1: 4th Quarter Ended 31 December 2021 Results
4th Quarter Ended 31 December 2021 Results 25 February 2022
Slide 2: Scope
Scope 1 Group financials 2 Operations review 2
Slide 3: Section 1: Group financials
SECTION 1 Group financials
Slide 4: Consolidated income statement summary
Consolidated income statement summary The Group’s revenue for 4Q21 and for FY2021 were (RM’ Million) 4Q21 4Q20 Change 2021 2020 Change higher than the corresponding period last year with higher contribution from Plantation, Trading and Revenue 1,839.3 1,724.1 7% 6,012.8 5,850.3 3% Building Materia
Slide 5: Group segment results
Group segment results REVENUE OPERATING PROFIT REVENUE OPERATING PROFIT (RM’ Million) 4Q21 4Q20 Change 4Q21 4Q20 Change 2021 2020 Change 2021 2020 Change Plantation 194.8 153.3 27% 118.7 50.8 134% 670.9 467.6 43% 292.6 110.9 164% 1 Property 502.1 577.3 (13%) 325.6 503.9 (35%) 1,538.5 1,776.4 (13%) 9
Slide 6: Group segment results – 4th Quarter
Group segment results – 4th Quarter Building Plantation Building Materials, 3% Materials Trading, 6% 10% Plantation, 8% Automotive 1% 22% Property Credit, 26% 9% Trading Revenue Operating 33% 4Q21 Profit 4Q21 Credit Property Automotive 4% 59% 19% Building Credit, Plantation, Materials Plantation 7%
Slide 7: Group segment results – Full Year
Group segment results – Full Year Building Plantation Trading 6% Building Materials 4% Materials 11% 9% Automotive Plantation 0% 17% Property Credit 24% Trading Revenue 13% Operating 32% 2021 Profit 2021 Property 60% Credit Automotive 19% 5% Building Plantation 8% Credit Plantation Materials 6% 14%
Slide 8: Section 2: Operations review
SECTION 2 Operations review
Slide 9: Plantations: Results benefitted from higher prices realization
Plantations Results benefitted from higher prices realization Revenue for 4Q21 and FY2021 were 27% and 43% higher than last year 4Q Revenue FY Revenue respectively with higher average selling prices of CPO and PK, dampened somewhat by lower sales volume of both products due to RM’ Mil 194.8 RM’ Mi
Slide 10: Property Investment and Development
Property Investment and Development Operating profit affected by lower revenue and loss from fair value adjustments Revenue for 4Q21 and FY2021 were lower than last year 4Q Revenue FY Revenue mainly due to lower contribution from property development RM’ Mil 577.3 RM’ Mil 1,776.4 and construction
Slide 11: Credit Financing
Credit Financing Stable revenue with improved NPL ratio Revenue for FY2021 was higher than last year by 1% 4Q Revenue FY Revenue despite a 1% lower revenue registered for 4Q21. RM’ Mil 69.9 RM’ Mil 288.1 285.8 70.9 80 300 Revenue in 4Q21 and FY2021 were lower for the 250 Malaysian operations due
Slide 12: Automotive
Automotive Operating profit supported by better margin and lower operating costs Revenue for 4Q21 and FY2021 were 8% and 13% lower than the 4Q Revenue FY Revenue corresponding period last year respectively. RM’ Mil 397.3 364.6 RM’ Mil 1,378.9 400 1,206.0 Revenue from passenger car segment in 4Q2
Slide 13: Trading
Trading Generally higher revenue, improved margin and lower operating costs The Division comprises the fertilizers trading (“FT”), general trading (“GT”), 4Q Revenue FY Revenue and ceramic tiles business under Malaysian Mosaics Sdn Bhd (“MMSB”). RM’ Mil RM’ Mil Division’s revenue for 4Q21 and FY
Slide 14: Building Materials
Building Materials Higher revenue, better margin and lower operating costs The Division comprises the quarry, asphalts and bricks businesses 4Q Revenue FY Revenue (“QBM”); and trading of building materials by Hafary (“Hafary”). RM’ Mil RM’ Mil 543.2 Both business segments recorded 13% higher rev
Slide 15: Thank You
@ HAP SENG aon
Hap Seng Consolidated Berhad — Q4 2021 Earnings Presentation on 6ix