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Heineken Malaysia Reports 1HFY20 Financial Results

By
Tan Heng Hong
-

1HFY20 Results:
• Revenue decreased by 25.8% to RM770 million (1HFY19: RM1.04 billion)
• Profit Before Tax (PBT) decreased by 67.4% to RM51 million (1HFY19: RM156 million)
• Net profit decreased by 67.3% to RM39 million (1HFY19: RM119 million)

2QFY20 Results:
• Revenue decreased by 50.5% to RM254 million (2QFY19: RM513 million)
• Loss Before Tax of RM24 million (2QFY19: Profit Before Tax RM85 million)
• Net Loss of RM18 million (2QFY19: Net Profit RM66 million)

Heineken Malaysia Berhad (HEINEKEN Malaysia) announced its financial results for the first half ended 30 June 2020 (1HFY20), with performance impacted by the Covid-19 pandemic and the Government’s
Movement Control Order (MCO), particularly in the second quarter ended 30 June 2020 (2QFY20).

Group revenue declined by 50% as compared to the same quarter in 2019, mainly due to the prolonged suspension of operations of the Sungei Way Brewery to comply with the MCO enforced by the Government from 18 March 2020 until 3 May 2020 to contain the spread of the Covid-19. Despite the Company resuming its operations and business during the Conditional MCO which took effect from 4 May 2020, the Group business performance particularly in the on-trade channel continue to be adversely impacted. This was mainly because some outlets with liquor license such as pubs and entertainment outlets are still prohibited from operating whilst sales in on-trade outlets such as restaurants and coffee shops was slow due to shift in consumption patterns favouring takeout and at-home options amid public concern on the pandemic.

The decline in revenue caused a significant reduction in gross profit contributions, which was insufficient to offset the fixed overhead. Consequently, the Group incurred an unprecedented pre-tax loss of RM24 million in the current quarter under review.

Commenting on the results, Roland Bala, Managing Director of HEINEKEN Malaysia said, “The Covid-19 pandemic coupled with the nationwide MCO have had a significant impact on our industry and business. In navigating the crisis, our key priorities remain the focus on the health and safety of our people, adapting the business to the new landscape and also prudent cost control to preserve cash. Following the prolonged closure of our operations for approximately 46 days to comply with the MCO, our results in the second quarter were significantly impacted. Nevertheless, as a team, we are working hard on recovery together with our customers, distributors and trade partners.”

For the six months ended 30 June 2020, Group revenue declined by 26% as compared to the same period in 2019, mainly due to the 22% decline in beer volume, heavily impacted by the prolonged suspension of our brewery operations from 18 March 2020 until 3 May 2020 to comply with the MCO. Profit before tax decreased by 67%, versus the same period in 2019, principally due to the same reasons mentioned above.

During the months of lockdown, HEINEKEN Malaysia proactively reached out to support its stakeholders and communities most impacted by the various restrictions on economic activity. In support of its business partners, HEINEKEN Malaysia launched the “Raise Our Bars” campaign, committing RM1 million in funds to ease the difficulties which local restaurants and bars are facing during these difficult times. Meanwhile, Tiger Beer through its “Save Our Street Food” campaign, pledged RM1.5 million to support street food vendors, coffee shops, and food courts nationwide during the MCO.

The Board of Directors do not recommend any dividend in respect of the quarter ended 30 June 2020. In view of the current economic conditions, the Group has adopted a more prudent approach in respect of dividend payment and will re-evaluate the situation at the close of the financial year.

On the outlook for the second half of 2020, Roland commented, “We have seen a gradual improvement
of business activity as almost all business sectors have resumed operations. However, some outlets with liquor license such as pubs and entertainment centres remain prohibited from operating, whilst other on-trade outlets including restaurants, coffee shops and food courts are adhering to strict Standard Operating Procedures (SOPs) set by the Government. This will continue to have an adverse impact on the Group’s overall business performance for the rest of 2020. ”

“It is difficult to estimate the impact of the Covid-19 pandemic for the full year. Nonetheless, we will
continue to prioritise our recovery by accelerating commercial execution and improving operational
efficiency through more prudent cost control measures to ensure liquidity and effective working capital management,” he concluded.

JAKOA & Ayam Brand Supports 167 Orang Asli Families in 4 States

By
Tan Heng Hong
-
The Director General of JAKOA, Prof Dr Juli Edo (centre) togather with the Orang Asli communities

Kuala Lumpur, August 14, 2020 â€“ Orang Asli community have felt the economic impact of COVID-19 through reduced economic opportunities. 

Ayam Brand™ in cooperation with the Department of Orang Asli Development (JAKOA) is introducing the #AyamWithYou community care campaign to Orang Asli communities in Johor, Pahang, Perak and Selangor. 

The #AyamWithYou community pantry is now self-sustaining in 13 locations nationwide with communities coming together to give and to take daily essentials such as food, to help those in need, supported by product contributions from Ayam Brand, Mission Foods and Alce Nero.

The community care campaign is being rolled out at Kampung Kangkar Senanga, Kampung Orang Asli Teluk Gunung, Kampung Orang Asli Tibang and Kampung Orang Asli Changkat Bintang with one month’s supply of Ayam Brand and Alce Nero products being contributed to a total of 167 Orang Asli families from these communities. 

The Director General of JAKOA, Prof Dr Juli Edo said that the #AyamWithYou campaign was needful for its tangible and psychological support of Orang Asli communities through the contribution of food essentials during these challenging times.

“The stimulus provided for Orang Asli has been helpful for many communities, nationwide but they are still facing economic challenges, specifically putting food on the table. The #AyamWithYou campaign is a timely and positive uplift for Orang Asli communities, a reminder that they are not alone, as organisations and individuals have their interest at heart. Our thanks to Ayam Brand and Alce Nero for their generous contribution of premium healthy food products,” Prof Dr Juli Edo says. 

As the communities are deep in the interior, JAKOA will take on the logistics support, and coordinate with the Tok Batin to distribute a box of 27 products to heads of households in each community, while ensuring that social distancing is practised. 

“These communities are hard hit economically, and the contribution of food items with longer shelf lives is a vital lifeline. We hope more organisations join the #AyamWithYou campaign, or initiate their own charitable giving,” he adds. 

Through its long-running Corporate Social Responsibility programmes Ayam Brand™ has contributed more than 2 million healthy meals for charity, providing nutritious food to more than 21,800 people from 524 charity organisations and NGOs over the past 13 years. 

The #AyamWithYou community care campaign has supported front liners at Hospital Sungai Buloh, the homeless, the differently abled, orphans, single mothers and the elderly since the Covid-19 pandemic started in Malaysia. Approximately 20,000 Ayam Brand products have been distributed to date. 

Villagers (right) in Kampung Orang Asli Kangkar Senanga, Johorreceiving 1 month canned food supply from Ayam Brand

“We have reached out to different communities, especially those in need through the community care campaign, and are glad to work with JAKOA to support Orang Asli communities. Our products are nutrient dense with reduced sugar and sodium that well suit Orang Asli diets. We modified the community pantry concept as there are fewer donors due to the isolated locations. We welcome other brands to join us in supporting these communities. The take away from the #AyamWithYou campaign is that as communities we can lift each other up,” says Ayam Brand Malaysia’s Marketing Manager, Ms Teoh Wei Ling.

The #AyamWithYou campaign was a welcome surprise to residents of Kampung Orang Asli Changkat Bintang in Selangor, Kampung Kangkar Senanga in Johor, Kampung Teluk Gunung in Pahang, dan Kampung Orang Asli Tibang in Perak.

“Times are very tough for us as economic activity in our area has reduced, and opportunities are scarce.  This contribution from Ayam Brand and JAKOA eases some of our worries on providing for our families. We appreciate the thoughtfulness, and the quantity of quality products. This can keep all 39 families here fed for a month or longer. We have not tried tuna, saba or pasta before so this is also a culinary adventure for us!” Tok Batin Hassan bin Kaku from Kampung Orang Asli Changkat explained. 

A villager said the contribution was a windfall, generous and highly welcomed by the Changkat Bintang Orang Asli community.

“All of us know Ayam Brand, but it is a luxury or special occasion treat. And now we have enough to last a month. We don’t even need a can opener for the tuna, saba, baked beans and santan. We are feeling that the rest of Malaysia is with us too through the #AyamWithYou campaign,” the villager shares. 

Find out more about the #AyamWithYou community care campaign, visit https://www.ayambrand.com.my.  

About Ayam Brand

Ayam Brand, a household name in Malaysia and Asia for 128 years, is famed for its wide range of quality and healthy canned food that are preservative free and contain no added MSG. Ayam Brand products are manufactured in state-of-the-art facilities that meet the highest international standards with worldwide-recognized certifications (HACCP, ISO 9001) and are certified ‘Halal’. Since 2013, Ayam Brand has been ranked in the Top 10 of Malaysia’s most chosen FMCG brands, according to the Kantar Worldpanel’s Brand Footprint Study.

“OISHI EATO” Launches New Whole Wheat Sandwiches with Delicious Japanese-Style Fillings in Answer to Demands from Health Lovers

By
Tan Heng Hong
-

Bangkok–10 Aug 2020

As part of its strategy for strong and sustainable growth, “OISHI EATO” is constantly developing new products, and in line with this policy it has recently launched two Whole Wheat Sandwiches with Japanese-style fillings – Chicken Breast and Mixed Salad and Salmon Mayonnaise and Nori Seaweed – for health-conscious consumers.

Mekhala Nethipo, Senior Vice President, Packaged Food Business, OISHI Group PLC., says the company continues developing and creating products that are different and outstanding in terms of design, taste, nutritional value and packaging to satisfy diverse groups with varied tastes. After all, she says, innovation is one of the company’s core strategies driving both OISHI EATO ready-to-cook and ready-to-eat foods toward a strong, sustainable future.

“For the 2020 fiscal year [October 1, 2019 to September 30, 2020], OISHI EATO plans to develop more than 20 new products, and several of them have already been launched in the past, including French Toast Sandwich and Stir Fried Ramen, etc.

“Most recently, the company decided to reach out to consumers who pay attention to their health by producing OISHI EATO Whole Wheat Sandwich, which is jam-packed with various nutrients and fiber. Though healthy, no compromises have been made in terms of taste, as these sandwiches come in two delicious flavors – Chicken Breast and Mixed Salad and Salmon Mayonnaise and Nori Seaweed,” Mekhala says.

The bread used for the OISHI EATO Whole Wheat Sandwiches is packed with the goodness of whole wheat, barley and soybean, and offers intense flavors with the Chicken Breast and Mixed Salad filling, and a slightly mellow flavor with the Salmon Mayonnaise and Nori Seaweed filling. The OISHI EATO Whole Wheat Sandwich is perfect for breakfast, a quick meal or a snack that can be enjoyed with a refreshing drink. The sandwich can be bought at all 7-Eleven convenience stores nationwide for 29 baht each.

Product Highlight: In addition to being delicious and good for health, the OISHI EATO Whole Wheat Sandwich Chicken Breast and Mixed Salad and Salmon Mayonnaise and Nori Seaweed are the first products under the OISHI EATO brand to use environmentally friendly Polypropylene “PP” packaging, which is 100 percent recyclable or convertible.

“Continuously offering new products with a focus on innovations is our business strategy, which builds on our image as a leading supplier of Japanese-style packed and ready to eat foods under the OISHI EATO brand,” Mekhala concludes.

BERJAYA SOMPO “CARES FREELY” THROUGH SILENT GUARDIANS FINAL TRILOGY CAMPAIGN

By
Tan Heng Hong
-

Emphasizes its full commitment to caring and protecting its customers in the new normal

Kuala Lumpur, 12th August 2020 – Berjaya Sompo Insurance Berhad (“Berjaya Sompo”) has launched the third and final instalment of its thematic brand campaign, “Silent Guardians – The Final Mission” to emphasize the company’s full commitment to caring and protecting Malaysians through this historic time of the pandemic.

“Silent Guardians” which was first launched in 2018, is a unique take on storytelling about how Berjaya Sompo aims to foster closer relations with all its stakeholders while leveraging on the brand’s Japanese heritage and history, from Japan to Malaysia for over 100 years. Berjaya Sompo raised up its army of heroes as part of a 3-year brand building theme from 2018 to 2020 via the use of Japanese warriors, ninja, samurai, sumo, karateka, and kendoka – protecting Malaysians every day, even without them realizing it. While the previous campaigns featured storyline about typical day to day protections ranging from household matters to car troubles and travel woes, this latest campaign features Hafiz, the main protagonist along with his silent guardians responding to the pandemic and adjusting to the new normal while remaining positive and resilient, in his quest to “Care Freely” for his community and loved ones.

Mr. Tan Sek Kee, Chief Executive Officer of Berjaya Sompo said, “Customer centricity has always been the driving force behind the brand. The pandemic amplified that focus for us and we recently launched multiple initiatives which included product enhancements, process digitisation and customer experience improvements to accelerate our mission and technological adoption. This latest Silent Guardians campaign encapsulates our on-going customer centric commitment as well as the spirit of care and protection that we value for our customers and all Malaysians.”

“In 2017, a market research that we conducted revealed that Malaysians had low awareness of our brand, our Japanese heritage and our Malaysian expertise in insurance. As a result, Silent Guardians theme was born. I am pleased to see that in its third and final year, the brand campaign has delivered the business and brand objectives for us, with our brand awareness increasing by 3-5 points year-on-year since 2018, which facilitated the opening up of new customer segments and our market share growing in tandem,” added Mr. Tsuyoshi Seto, Deputy Chief Executive Officer of Berjaya Sompo.

Berjaya Sompo called for a pitch in December 2019 to look for an integrated agency to bring the final mission of the Silent Guardians to life and appointed FCB Malaysia in March 2020 after a pitch presentation which included two other agencies. This appointment, however, coincided with the onset of the Movement Control Order (MCO) in Malaysia which required the company to rethink its approach and strategy by bringing the brand authenticity and purpose to the forefront.

Mawarni Adam, Head of Brand, Marketing Communications and CX said, “We had always envisioned 2020 to be the year where the final instalment of the 3-year theme took place. However, when the pandemic hit, not only the original plan to leverage on Tokyo 2020 was no longer possible but the final campaign itself almost didn’t materialize. Although we were presented with a multitude of challenges that could derail our brand initiative, we felt that it was still important for the brand to maintain its presence and to continue with its awareness campaign this year. With a strong collaboration between Berjaya Sompo and FCB Malaysia, we successfully pivoted into a new narrative, befitted an evolving brand that cares for its customers.”

“Silent Guardians – The Final Mission” campaign runs from 10 August to 20 December 2020 and will also feature two sales-driven tag-on promotions, scheduled for end of August for the first one, and November 2020 for the second one. For more information about Berjaya Sompo’s latest campaign, please visit: www.berjayasompo.com.my/silentguardians

Heavenly Blush debuts Ketan Hitam Greek yogurt to pay homage to local flavour

By
Tan Heng Hong
-

Heavenly Blush has turned to black glutinous rice or ketan hitam, a traditional food in Indonesia, to launch its nusantara edition spoonable Greek yogurt. Foodservice and packaged food brands seek inspiration from local foods to innovate with flavours to meet growing consumer interest in their own culinary heritage. One of the best times to launch locally-inspired flavours is the period in the lead up to the country’s national day. Indonesia celebrates its Independence Day on August 17th.

The application of rice into yogurt has become increasingly common in Southeast Asia led by Vietnam and this is also spurred by the purple rice yogurt drink trend.

Yamazaki Myroti celebrates Independence Day with pandan flavoured bread with coconut and palm sugar filling

By
Tan Heng Hong
-

Indonesian packaged bread manufacturer Yamazaki Myroti is celebrating Indonesia’s Independence Day with a local flavoured bread. The new Roti Pandan Isi Kelapa Gula Aren is a pandan flavoured bread with coconut and palm sugar filling. Palm sugar and pandan are popular ingredients for brands to showcase citarasa nusantara or nusantara flavour. Applying local flavour into the packaged bread category helps unlock more innovation possibilities.

MilkLife a new player in pasteurised milk in Indonesia

By
Tan Heng Hong
-

MilkLife is a new pasteurised milk from Indonesia’s Global Dairi Alami by Djarum Group, a clove cigarette manufacturer. Global Dairi Alami has a 50 hectare site in Kalijati, Subang Regency in West Java. The site will house 6,000 Frisian Holstein cows imported from Australia.

MilkLife is currently available in two variants – plain and chocolate in 1L Tetra Top pack. MilkLife can be purchased online on Blibli.com.

Sustainability is high on the agenda for many FMCG brands as consumers now want brands to focus on improving planetary health such as reducing packaging waste. MilkLife communicates sustainability to its consumers by highlighting it owns the country’s first biogas plant that is above the ground. The biogas plant improves circularity by turning waste from dairy cow farming into electricity.

Greenfields Fresh Jersey Milk is creamier, tastier

By
Tan Heng Hong
-

The Indonesian dairy company Greenfields has upgraded its milk with the launch of Greenfields Fresh Jersey Milk. The company positions the new Jersey Milk as creamier and tastier than the existing Greenfields Fresh Milk Full Cream.

This 1L pasteurised Jersey Milk is priced at IDR 33,500 (normal price IDR 35,000) on its flagship store on Blibli.com. The price of Greenfields Fresh Milk Full Cream (1L) is IDR 25,900 (normal price IDR 29,500). Introducing Jersey Milk also represents a pathway for premiumisation for Greenfields targeting consumers who want to have creamier and tastier fresh milk.

Vinamilk launches organic spoonable yogurt

By
Tan Heng Hong
-

Vinamilk has extended its organic concept to spoonable yogurt. The new Sữa chua ăn hữu cơ ít đường Vinamilk Organic (Vinamilk Organic Yogurt Low Sugar) is made from organic milk from Vinamilk Organic Farm in Dalat. This product meets European organic standards. The dairy company is on course to introduce organic version across its product portfolio as it has strong access to organic milk from its own farms. Introducing organic also helps to premiumise its product offerings to meet consumer demand for value-added dairy products.

NAK BELI by MYEG Introduces Monthly Subscription Plan for Fresh Groceries

By
Tan Heng Hong
-

Petaling Jaya, 10 August 2020 – MY E.G Services Berhad (“MYEG”) announced that its e-commerce platform NAK BELI by MYEG has launched the NAK BELI Flexi Value Plan, a subscription scheme that allows customers to enjoy substantial savings on fresh produce such as vegetables and fruits, as well as meat, poultry and seafood.

Customers can subscribe to the NAK BELI Flexi Value Plan at RM100, RM200 or RM500 per month and pay a discounted price. The duration for the plans range from one month, three months, six months or 12 months with savings of up to 50%.

By sourcing directly from local farmers and fisherman, NAK BELI ensures that only the highest quality, sustainably sourced and grown, produce and products are supplied to end customers in line with fair trade best practices and minimal food wastage. NAK BELI aims to put local, small-scale, sustainable farming back in the food ecosystem by sourcing from growers and communities to encourage a healthier diet and at the same time, ensure steady income for the farmers.

Following the Movement Control Order introduced in March this year, NAK BELI by MYEG made a strategic decision to venture into the groceries and fresh produce segment to fill the gap in the market by providing a wide range of groceries, essential household items and fresh produce to customers at attractive prices. The NAK BELI Flexi Value Plan gives customers a flexible, convenient and cost-effective way to shop for their kitchen needs.

“Groceries purchase is a significant percentage of most households’ expenditure. With a subscription model, we are able to commit steady orders directly with the farms hence passing on the savings to our subscribers.” explained TS Wong, Group Managing Director of MYEG.

As Malaysians adjust to the new norms following the COVID-19 pandemic and adopt practices such as physical distancing and online shopping to help minimise risk, NAK BELI by MYEG provides an excellent alternative to shopping in wet markets and supermarkets, and at the same time, helps support the local farming and fishing community.

To subscribe to the NAK BELI Flexi Value Plan, customers can visit www.nakbeli.com.my and select the preferred plan and duration. Add to cart, checkout and our friendly Customer Service team will be in touch.

Additionally, customers can also enjoy attractive deals of up to 50% off and free delivery of items purchased at NAK BELI Lelong Live on Facebook every Tuesday at 5pm (in Bahasa Malaysia) by celebrities such as Datuk (Dr.) Redzuawan Ismail @ Chef Wan, Erra Fazira, Sharifah Sakinah, Chef Abang Brian, Sarancak and Alif Satar, and every Wednesday at 5pm (in Mandarin) by celebrities such as Amber Chia, Wan Wai Fun and Dr Soo Wincci.

About NAK BELI by MYEG

NAK BELI by MYEG is an e-commerce platform offering a range of groceries, fresh produce and everyday essentials. We aim to cater to the ever-growing demand for a better shopping solution of fresh groceries in Malaysia. At NAK BELI by MYEG, we provide quality products with on-time delivery to fit your everyday shopping needs.

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