Westports Holdings Bhd. · MYX:WPRTS
Westports Holdings Bhd — Q4 2020 Earnings Presentation
9 slides from Westports Holdings Bhd's earnings presentation, Feb 2, 2021
Slide 1: Westports Holdings Berhad 4th Quarter 2020 Financial Report
Westports Holdings Berhad 4th Quarter 2020 Financial Report 2nd February 2021
Slide 2: Revenue
Revenue 2 ▪ 4Q20 Container revenue improved yoy despite lower volume due to higher revenue per TEU with growth in VAS. Conventional revenue increased with higher liquid bulk throughput and dry bulk cargoes while marine revenue declined with lesser recorded berthing vessels ▪ YTDDec20 Lower land leas
Slide 3: Cost
Cost 3 ▪ 4Q20 Manpower cost increased with higher bonus provision, more headcount and annual increments. Fuel cost declined with lower MOPS price and a stronger local currency. Electricity increased with much higher power usage due to more reefers yoy and qoq basis ▪ YTDDec20 Lower M&R as maintenanc
Slide 4: Overall Results & Profitability Margins
Overall Results & Profitability Margins 4 4Q20 4Q19 %Chg 3Q20 % QoQ YTDDec20 YTDDec19 %Chg On YTD Performance Gateway +3%. Transhipment -7%. Container m TEUs 2.77 2.82 -2% 2.93 -5% 10.50 10.86 -3% Export MT +15% while TS MT +3%. Total empties at 25%, up from 22%. Higher conventional volume mainly Co
Slide 5: Cash Flows & Total Borrowings
Cash Flows & Total Borrowings 5 Consolidated Cash Flows Sukuk Musharakah Medium Term Note (SMTN) RM million 4Q20 4Q19 YTDDec20 YTDDec19 • 20 year Sukuk Musharakah Medium Term Note program obtained on 20 April 2011 Operating Profit Before Tenure • Valid unless it has been redeemed, cancelled Working
Slide 6: Westports Expansion
Westports Expansion 6 Expansion check-list ▪ Approval-in-Principle ▪ Purchase of PKNS land ▪ 8 detailed studies ▪ Finalised port layout design ▪ S&P to acquire Marina Land ▪ Detailed EIA report ▪ Finalised concession terms with Port Klang Authority ▪ UKAS ▪ Ministry of Transport ▪ Government of Mala
Slide 7: Throughput Volume
Throughput Volume 7 ▪ 4Q20 Empties repositioning ended after the surge in 3Q20. Above-average container yard utilization and yard congestion in the latter part of the quarter affected throughput efficiency as volume eased yoy and qoq basis. However, reefer units moved grew yoy and qoq ▪ YTDDec20 Asi
Slide 8: Dividend & Outlook
Dividend & Outlook 8 Dividend Distribution Track Record Outlook 2021 Dividend Financial Payment Ex-Date Per Share (RM) Year Date 2nd Interim Div 6.47 sen 2H 2020 18 Feb 2021 01 Mar 2021 1st Interim Div 5.05 sen 1H 2020 11 Aug 2020 21 Aug 2020 2nd Interim Div 6.26 sen 2H 2019 20 Feb 2020 03 Mar 2020
Slide 9: Thank You
Thank You Westports Holdings Berhad http://www.westportsholdings.com/ 2019 Annual Report http://westportsholdings.com/wp-content/uploads/files/Westports%20Hldgs%20Bhd%20Annual%20Report%202019.pdf 2019 Sustainability Report http://westportsholdings.com/wp-content/uploads/files/Westports%20Hldgs%20Sus
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