Westports Holdings Bhd. · MYX:WPRTS
Westports Holdings Bhd — Q3 2016 Earnings Presentation
12 slides from Westports Holdings Bhd's earnings presentation, Nov 10, 2016
Slide 1: Westports Holdings Berhad 3rd Quarter 2016 Financial Report
Strictly Private & Confidential Westports Holdings Berhad 3rd Quarter 2016 Financial Report 10th November 2016
Slide 2: Results
Strictly Private & Confidential Results 2 3Q15 3Q16 %Chg YTD Sep15 YTD Sep16 %Chg On YTD Performance Container million TEUs 2.29 2.49 9% 6.71 7.39 10% Transhipment +14% and constituted 74.4% of total TEUs. Gateway volume +1% Conventional million MT 2.68 3.00 12% 7.74 8.47 10% Dry bulk volume +7% Rev
Slide 3: Container – Transhipment & Gateway Throughput
Strictly Private & Confidential Container – Transhipment & Gateway Throughput 3 3Q16 transhipment +11% to 1.9m TEUs while gateway improved to +2% YTD Sep16 transhipment constitutes 74.4% of total TEUs, up from 72.0% in the previous period Total Container Throughput (million TEUs) 9.05 +10% 8.37
Slide 4: Container – Throughput By Trade Lane
Strictly Private & Confidential Container – Throughput By Trade Lane 4 3Q16 growth at Intra-Asia supported overall growth YTD Sep16 Asia-America growth expected to normalise after establishing a larger base Container Throughput By Trade Lanes Others 2% Asia-America 8% % Changes YoY Asia-Australa
Slide 5: Conventional – Throughput Volume
Strictly Private & Confidential Conventional – Throughput Volume 5 3Q16 dry bulk volume improved with bulk sugar delivery and higher volume of imported grains YTD Sep16 RORO in-line with automotive industry. Higher liquid bulk volume from bunkering Total Conventional Throughput (million tonnes)
Slide 6: Revenue
Strictly Private & Confidential Revenue 6 3Q16 container revenue +18% with improved volume and tariff revision YTD Sep16 higher non-operational construction revenue reflected progress at CT8 Phase 1 Segmental Revenue (RM million) Year Quarter Year-To-Date 2013 2014 2015 3Q15 3Q16 % Sep15 Sep16 %
Slide 7: Cost Of Sales
Strictly Private & Confidential Cost Of Sales 7 3Q16 container’s marketing costs increased with tariff revision. Marginally lower fuel cost YTD Sep16 manpower cost reflected minimum wage since 1Q16 and higher operational headcount Cost Of Sales Breakdown (RM million) Year Quarter Year-To-Date 20
Slide 8: Profitability Margins
Strictly Private & Confidential Profitability Margins 8 YTD Sep16 EBITDA, PBT and PAT margins calculated excluded non-recurrent investment gain to reflect underlying operational performance. PAT margin improvement reflected benefits from ITA Profitability Margins* (%) And Profit After Tax (RM mill
Slide 9: Debt-To-Equity Ratio
Strictly Private & Confidential Debt-To-Equity Ratio 9 Sukuk Musharakah Medium Term Note (SMTN) Net Debt-To-Equity Ratio • 20 year Sukuk Musharakah Medium Term Note program obtained on 20 April 2011 Tenure • Valid unless it has been redeemed, cancelled or repurchased by WMSB Nominal Value RM2,000 mi
Slide 10: CT8 & CT9 Expansion
Strictly Private & Confidential CT8 & CT9 Expansion 10 Updated Expansion Plan Current Construction Work At CT8 CT8 Facilities • 600 metres of wharf and container yard • Back-of-the-terminal facilities: 2nd container gate, marshaling centre and container freight station • 14 units of Quay Cranes • 15
Slide 11: Dividend And Outlook
Strictly Private & Confidential Dividend And Outlook 11 Dividend Distribution Track Record Outlook 2016 Dividend Financial Payment Ex-Date Per Share (RM) Year Date 1st Interim 7.30 sen 1H 2016 09 Aug 2016 23 Aug 2016 Dividend 2nd Interim 5.78 sen 2H 2015 17 Feb 2016 02 Mar 2016 Dividend 1st Interim
Slide 12: Thank You
Strictly Private & Confidential Thank You For further information on this presentation kit, please kindly contact: Westports Holdings Berhad http://westportsholdings.com/ http://westportsmalaysia.com/ Chang Kong Meng Email: chang@westports.com.my Contact: +6 03 3169 4047 Mobile No: +6 012 5123 813 T
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