LHIHC — Interim / Quarterly Report 2021

Jun 9, 2021

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Lien Hwa Industrial Holdings Corporation

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Disclaimer

• This presentation and release contain“forward-looking statements” which may include projections of future results of operations, financial condition or business prospects based on our own information and other sources.

• Our actual results of operations, financial condition or business prospects may differ from those expressed or implied in these forward-looking statements for a variety of reasons, including but not limited to market demand, price fluctuations, competition, international economic conditions, supply chain issues, exchange rate fluctuations and other risks and factors beyond our control.

• The forward-looking statements in this release reflect the current belief of LH as of the date of this release. LH undertakes no obligation to update these forward-looking statements for events or circumstances that occur subsequent to such date.

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CONTENT

1 Investment Structure 2 Financial Overview 3 Q & A

Investment Structure

LHIHC

1229.TT

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Hua Cheng Lien Rui
Fortune Dragon MI MiTAC LLH UPC
Investment Investment Lien Hwa
100% 100% 100% 37.39% 73.08% 50% 33.25%
United LPG
24.04%
Lien Hwa Lien Hwa
Property
Milling
Development
Corporation Corporation
100%
100%
(LHIC Taiwan Flour
(LHIC Lease Business)
Business)
(After spin off)
(After spin off)
Consolidated entities
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CONTENT

1 Investment Structure 2 Financial Overview 3 Q & A

Operating Revenue & Profit

Operating revenues 2021Q1 vs 2020Q4 ： - 9% 2021Q1 vs 2020Q1 ： +9%

Unit：NT$ Million

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3,000 40%
2,710
35%
2,452
2,500 35% 2,334
2,225
30%
2,048
26%
2,000
25%
22%
1,500 20%
17% 19%
15%
1,000
12%
713
8%
10% 10%
500 6%
225 5%
187
1%
114
36
- 0%
2020Q1 2020Q2 2020Q3 2020Q4 2021Q1
Operating revenue Operating profit Gross Profit % Operating profit %
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Revenue Distribution

From Q2 2019,MI and MIT are consolidated entities

Operatin Revenue Q1 2021

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IT Business
Investment Business
6%
41%
Channel Busines 3%
Lease Business 4%
Flour Business
46%
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Segment Profit

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Unit：NT$ Million
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Profit before tax 2021Q1
1,400
1,229
1,200
1,000
800
600
400
200 84
53 -11 -7
0
Lease Business Flour Bussiness IT Business Investment Channel Business
-200
Business
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Non-operating profit

Unit：NT$ Million

• • 2020Q1 • 2020Q2 • 2020Q3 • 2020Q4 • 2021Q1 Investment income under equity method 132 631 774 831 1,028  LLH聯華氣體 397 423 421 413 594  UPC聯成化科 (272) 204 350 419 426  Others 7 4 3 (1) 9  Others income or loss 7 120 108 (21) 95  Non-operating profit 140 751 882 810 1,123 140 751 882 810 1,123 - 200 400 600 800 1,000 1,200 2020Q1 2020Q2 2020Q3 2020Q4 2021Q1 Non-operating profit	• • 2020Q1 • 2020Q2 • 2020Q3 • 2020Q4 • 2021Q1 Investment income under equity method 132 631 774 831 1,028  LLH聯華氣體 397 423 421 413 594  UPC聯成化科 (272) 204 350 419 426  Others 7 4 3 (1) 9  Others income or loss 7 120 108 (21) 95  Non-operating profit 140 751 882 810 1,123 140 751 882 810 1,123 - 200 400 600 800 1,000 1,200 2020Q1 2020Q2 2020Q3 2020Q4 2021Q1 Non-operating profit
		Non-operating profit
		882 810 1,123
		751
		140
		2020Q1 2020Q2 2020Q3 2020Q4 2021Q1
	•			• 2020Q1		• 2020Q2		• 2020Q3	• 2020Q4		• 2021Q1
	Investment income under equity method			132		631		774	831		1,028
	 LLH聯華氣體  UPC聯成化科  Others			397 (272) 7		423 204 4		421 350 3	413 419 (1)		594 426 9
	 Others income or loss			7		120		108	(21)		95
	 Non-operating profit			140		751		882	810		1,123

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Net Profit & EPS

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Unit：NT$ Million Net Profit after tax EPS Unit：NT$
1,600 1.20
1,400 0.98
1.00
1,200
0.81
0.77
0.80
1,000
0.67
800 0.60
1,318
600 1,428 1,042
0.40
809
400
0.18
0.20
200
220
- -
2020Q1 2020Q2 2020Q3 2020Q4 2021Q1
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Unit：NT$ Million

Unit：NT$

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CONTENT

1 Investment Structure

2 Financial Overview 3 Q & A

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LHIHC Thank You!

• LHIHC Web Site https://www.lhicholdings.com/

• Service e-mail info@lhic.com.tw