BesHom Holdings Bhd · MYX:BESHOM
BesHom Holdings Bhd — Hai-O Enterprise Berhad — Shareholder Meeting (September 2019)
10 slides from BesHom Holdings Bhd's shareholder meeting presentation, Sep 26, 2019
Slide 1: Hai-O Enterprise Berhad 44th AGM
Hai-O Enterprise Berhad 44th AGM 26 September 2019
Slide 2: Agenda
Agenda FY2019 Performance Business Segment Performance Outlook 2
Slide 3: FY2019 Financial Highlights
Equity attributable to owners of the Company RM310.2 million 0.7% from FY2018 Cash and cash equivalents FY2019 and short-term investments Financial 28.9% from FY2018 RM95.1 million 24.9% from FY2018 Highlights Dividend per share RM0.13 7 sen from FY2018, but represents 80% payout ratio 3 34.3% from
Slide 4: FY2019 performance overview
We strived to maintain business momentum while addressing operating environment challenges, the Group’s financial performance was affected by: “Bearish turn in “Lower sales “Higher marketing market sentiments” across all 3 major and branding as business divisions” well as CSR costs” Group’s balance
Slide 5: Business Segments
Business Segments We continue to operate under 3 core business segments 5
Slide 6: Segment Contributions
Segment Contributions ❑ MLM segment continues to be the major revenue and PBT contributor ❑ The decrease in the Group’s revenue and PBT was mainly attributed to MLM segment which suffered a drop in sales by more than 30% ❑ The Wholesale and Retail segments were more resilient with a decline in sales
Slide 7: Review – MLM
Segment Review – MLM ❑ Contraction in revenue and PBT, the first Revenue decline after 4 years of consecutive growth RM224.9 mil ❑ Financial performance was affected by cutback by 36.2% from in members’ spending and slowdown in RM352.5 million in FY2018 members recruitment and renewal PBT ❑ Proactiv
Slide 8: Review – Wholesale
Segment Review – Wholesale ❑ Recorded lower revenue of RM59.0 million and PBT of RM10.8 million or a drop by 7.4% and Revenue 45.5% respectively RM59.0 mil by 7.4% from ❑ PBT was affected by lower sales, higher CSR RM63.7 million in FY2018 expenses as well as higher operating expenses PBT ❑ Higher o
Slide 9: Review – Retail
Segment Review – Retail ❑ Resilient in defending drop in revenue which decreased marginally by 2.4% Revenue ❑ PBT was however affected by higher operating RM40.5 mil costs and drop in sales of premium products by 2.4% from which command higher margins RM41.5 million in FY2018 PBT ❑ Financial results
Slide 10: Outlook
Outlook The Group will continue to chart our course to: ❑ build on measures to expand and adapt products pipeline to cater for market demand ❑ strengthen operational capability, i.e. upgrading the skills of distributors and employees ❑ improve the adoption of digitalisation in businesses and operati
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