Beshom Holdings Bhd · MYX:BESHOM
Beshom Holdings Bhd — Hai-O Enterprise Berhad — H1 FY2021 Earnings Presentation
16 slides from Beshom Holdings Bhd's earnings presentation, Dec 21, 2020
Slide 1: 1HFY2021 Results Update
197501000919 (22544-D) 1HFY2021 Results Update 21 December 2020 1
Slide 2: Contents
197501000919 (22544-D) Contents Financial Highlights 1HFY2021 Review by Segment 2
Slide 3: 1HFY2021 vs. 1HFY2020
1HFY2021 vs. 1HFY2020 For the first half of the financial year, the Group recorded higher revenue of RM137.4 million, an increase of 2.2% as compared to the previous year corresponding period of RM134.5 million. The increase in revenue was mainly attributed to higher sales contribution from the Mult
Slide 4: 1HFY2021 vs. 1HFY2020
1HFY2021 vs. 1HFY2020 1HFY2021 1HFY2020 Variance 31 Oct 2020 31 Oct 2019 +/- (RM’mil) (RM’mil) Revenue 137.38 134.45 2.2% Pre-tax Profit 27.20 19.74 37.8% Profit After Tax 20.44 14.81 38.1% Net Margin (%) 14.9% 11.0% 3.9% EPS (sen) 7.10 5.19 1.91 sen Hai-O 1HFY2021 Results Update - 21 Dec 2020 4
Slide 5: Statement of Financial Position
Statement of Financial Position 1HFY2021 FYE2020 31 Oct 2020 30 April 2020 (audited) (RM’mil) (RM’mil) Net cash + Short term investment 119.84 95.88 Total assets 377.98 361.72 Total liabilities 59.31 51.53 Shareholders' equity 308.39 299.59 Net assets per share (RM) 1.06 1.03 Hai-O 1HFY2021 Results
Slide 6: Segment Revenue
Segment Revenue 1HFY2021 Segment 1HFY2021 1HFY2020 31 Oct 2020 31 Oct 2019 Others, 1% (RM’mil) (%) (RM’mil) (%) Retail, 12% MLM 93.51 68% 84.63 63% Wholesale, 19% Wholesale 25.91 19% 29.95 22% MLM, 68% Retail 16.07 12% 17.77 13% Others 1.89 1% 2.10 2% Total 137.38 100% 134.45 100% Hai-O 1HFY2021 Res
Slide 7: Review by Segment
197501000919 (22544-D) Review by Multi Level Marketing (“MLM”) Segment Wholesale Retail Others 7
Slide 8: MLM
MLM Revenue 96.00 94.00 MLM 1HFY2021 1HFY2020 Changes 92.00 Segment 31 Oct 2020 31 Oct 2019 90.00 (RM'mil) 88.00 +10.5% (RM’mil) (RM’mil) (%) 86.00 84.00 82.00 External 93.51 84.63 +10.5% 80.00 Revenue 1HFY2020 1HFY2021 Profit Before Tax Profit 18.43 14.92 +23.5% 20.00 Before Tax 18.00 16.00 14.00 (
Slide 9: MLM
MLM The MLM division recorded higher revenue and pre-tax profit of RM93.5 million and RM18.4 million for the period under review as compared to the preceding year’s corresponding period of RM84.6 million and RM14.9 million, 10.5% and 23.5% higher respectively. The MLM division is constantly rolling
Slide 10: Wholesale
Wholesale Revenue 28.50 28.00 Wholesale 1HFY2021 1HFY2020 Changes 27.50 27.00 Segment 31 Oct 2020 31 Oct 2019 (RM'mil) 26.50 26.00 (RM’mil) (RM’mil) (%) -8.1% 25.50 25.00 External 25.91 28.19 -8.1% 24.50 Revenue 1HFY2020 1HFY2021 Profit Before Tax Profit 7.10 2.80 +153.6% 8.00 7.00 Before Tax 6.00 5
Slide 11: Wholesale
Wholesale Wholesale revenue declined by 8.1% to RM26.0 million during the period under review mainly due to lower sales of premium patented medicine and depressed sales to duty-free shops as tourist traffic flow almost ground to a halt amid movement restrictions imposed due to the COVID-19 pandemic.
Slide 12: Retail
Retail Revenue 18.00 Retail 1HFY2021 1HFY2020 Changes 17.50 Segment 31 Oct 2020 31 Oct 2019 17.00 (RM'mil) 16.50 (%) -9.6% (RM’mil) (RM’mil) 16.00 15.50 External 16.07 17.77 -9.6% 15.00 Revenue 1HFY2020 1HFY2021 Profit Before Tax Profit -0.04 -0.10 +60.0% - Before Tax 1HFY2020 1HFY2021 (0.02) (0.04)
Slide 13: Retail
Retail Despite two aggressive members’ sales campaigns during the period, buying momentum remained subdued especially for premium health supplement products. According to Retail Group Malaysia, the retail industry suffered a negative growth rate of 20.2% during the first half of the year due to the
Slide 14: "Others" segment
"Others" segment Revenue 4.50 4.00 Changes 3.50 “Others” 1HFY2021 1HFY2020 3.00 Segment 31 Oct 2020 31 Oct 2019 (RM'mil) 2.50 2.00 -50.9% (RM’mil) (RM’mil) (%) 1.50 1.00 0.50 External 1.89 3.85 -50.9% - Revenue 1HFY2020 1HFY2021 Profit Before Tax Profit 1.80 2.14 -14.3% 2.20 Before Tax 2.10 (RM'mil)
Slide 15: "Others" segment
“Others” segment Revenue comprises mainly rental income from investment properties, health food supplement manufacturing activities and credit & leasing business. The main contributors are manufacturing and rental income from investment properties. During the period under review, pre-tax profit decr
Slide 16: Thank You
197501000919 (22544-D) Thank You Wisma Hai-O, Lot 11995 Batu 2, Jalan Kapar 41400 Klang, Selangor D.E. T : 03-33423322 F : 03-33434257 www.hai-o.com.my 16
Hai-O Enterprise Berhad — H1 FY2021 Earnings Presentation on 6ix