Pt Nusantara Sawit Sejahtera Tbk · IDX:NSSS
Pt Nusantara Sawit Sejahtera Tbk — FY2024 Earnings Presentation
32 slides from Pt Nusantara Sawit Sejahtera Tbk's earnings presentation, Mar 25, 2025
Slide 1: PT Nusantara Sawit Sejahtera Tbk (NSSS) Corporate Presentation FY2024
PT Nusantara Sawit Sejahtera Tbk (NSSS) Corporate Presentation - FY2024 Reaching New Heights 25 March 2025 Corporate Presentation 1
Slide 2: Table of Contents
Table of Contents I. Business Overview 3 II. Business Strategy & 4Q24 Key Metrics 12 III. Operational Overview 4Q24 15 IV. Financial Performance 4Q24 21 V. ESG and CSR Commitments 28 Corporate Presentation 2
Slide 3: I. Business Overview
I. Business Overview Corporate Presentation 3
Slide 4: Company Brief
I. Company Brief Established in 2008 and listed on the IDX in March 2023, PT Nusantara Sawit Sejahtera Tbk (NSSS), comprises of five upstream integrated plantation companies. Covering a combined planted and unplanted nucleus area of 43,000 ha in Central Kalimantan, the company is committed to produc
Slide 5: Areas of Operation
I. Areas of Operation NSSS’ plantations are strategically located in Central Kalimantan near to airports around the area. ❖ All five plantations: Nusantara Sawit Persada Total operational area: 43,931ha (NSP), Borneo Sawit Perdana (BSP), Prasetya Total planted area : 29,125ha Mitra Muda (PMM), Hampa
Slide 6: Plantation Overview
I. Plantation Overview Plantation distribution Ha ❖ Nucleus Immature Immature (0-3 yrs) 1,328 8.2% Young Mature (4-6 yrs) 2,086 Prime Mature Young Mature Prime Mature (7-20 yrs) 23,970 83.9% 7.9% Total Nucleus Planted 27,384 ❖ Plasma Immature (0-3 yrs) 1,072 Young Mature (4-6 yrs) 210 29,125 ha Prim
Slide 7: Business Operations
I. Business Operations NSSS produces Fresh Fruit Bunches (FFB) from their palm oil trees, which are then further processed into Crude Palm Oil (CPO) and Palm Kernel (PK). These are achieved from two mills that are owned by its subsidiaries. ❖ Sustainable Plantation Crude No-burning policy with Palm
Slide 8: CPO Mill Overview
I. CPO Mill Overview Production capacity Utilization rate : FFB produced (kt) Total : FFB processed (kt) : Maximum capacity FFB processed (kt) ~ 120 tons/hr Nusantara Sawit Persada Utilization rates 1 (NSP) ~ 2,400 tons/day 105.7% 107.9% 92.0% 2 ~ 16,800 tons/week 540 464 477 497 3 ~ 67,200 tons/mon
Slide 9: Key Advantages
I. Key Advantages Young plantation average age of 9.8 years NSSS enjoys a higher productive stage with ~10,000 ha entering the age of <10 years while adhering to best practices of R&D in seed-selection and fertilizer management ensuring growth sustainability ahead. Benefits from FFB processed increa
Slide 10: Direct Piping System and Special Terminal
I. Direct Piping System and Special Terminal Strategically situated between the Mentaya & Tualan rivers, NSP & BSP mills facilitate an optimal setup for a direct piping system. NSP’s Direct Piping System BSP’s mill is equipped with direct piping system 1.6 km pipeline connects the NSP mill to a spec
Slide 11: Efficient Delivery System
I. Efficient Delivery System Benefits of direct piping system Positive impact on financials Low distribution cost Direct piping system allows transportation of palm oil to the port located ~100km away from Identified cost savings its mills. Faster delivery Direct piping allows for faster delivery vs
Slide 12: II. Business Strategy & 4Q24 Key Metrics
II. Business Strategy & 4Q24 Key Metrics Corporate Presentation 12
Slide 13: Business Strategy
II. Business Strategy Using premium seeds to maximize production yield Monitoring plantation health & pursuing innovation Developing excellent infrastructure to support productivity Prioritizing human resources development Caring for the environment and surrounding communities Corporate Presentation
Slide 14: 4Q24 Key Metrics
II. 4Q24 Key Metrics Operational Overview ❖ 4Q24 FFB production rose +16% YoY to 143,072 tons due to efficient plantation management. ❖ 4Q24 CPO production surged +29% YoY to 31,255 tons, supported by increased capacity from 2nd CPO mill. ❖ Operational efficiency improved +4% YoY in planted area, en
Slide 15: III. Operational Overview 4Q24
III. Operational Overview 4Q24 Corporate Presentation 15
Slide 16: FFB production is consistently growing
III. FFB production is consistently growing Qtrly FFB production (nucleus) Annual FFB production (nucleus) +16.2% +2.9% +12.0% 477,288 143,072 ❖ FFB production is set for a significant shift as 127,765 plantations enter their 463,843 tons prime age, reaching tons 123,139 peak productivity and maximi
Slide 17: Improved CPO and PK production
III. Improved CPO and PK production Qtrly CPO production Annual CPO production +29.3% +15.6% +10.1% 105,570 28,394 31,255 24,182 91,285 ❖ CPO and PK production tons tons increased both quarterly and annually, with 4Q23 3Q24 4Q24 2023 2024 notable growth from 2023 to 2024, supported by the second mil
Slide 18: Improved utilization results in higher yields
III. Improved utilization results in Higher Yields Qtrly FFB processed Annual FFB processed +31.0% +18.1% +9.7% 496,925 135,396 148,574 113,455 ❖ With younger plantations 420,807 tons tons compared to others, we are poised for significant growth—once our 4Q23 3Q24 4Q24 2023 2024 plantations reach ma
Slide 19: Slight decrease in OER and KER
III. Slight decrease in OER and KER Qtrly Oil extraction rate Annual Oil extraction rate -1.4% -2.3% 21.3 21.7 % % 21.2 21.0 21.0 ❖ Both OER and KER are slightly lower due to weather factors 4Q23 3Q24 4Q24 2023 2024 but remain constant at 20% and 4% level. Qtrly Kernel extraction rate Annual Kernel
Slide 20: Operational Review
III. Operational Review Higher FFB production and processing volumes drive increased CPO output, reflecting improved efficiencies and plantation productivity. FFB Production (tons) 4Q24 3Q24 4Q23 QoQ (%) YoY (%) 2024 2023 YoY (%) Nucleus 143,072 127,765 123,139 12.0 16.2 477,288 463,843 2.9 Plasma 2
Slide 21: IV. Financial Performance 4Q24
IV. Financial Performance 4Q24 Corporate Presentation 21
Slide 22: Top-Line Revenues boost by higher ASP
IV. Top-Line Revenues boost by higher ASP Qtrly Revenues Annual Revenues Annual CPO ASPs +82.9% +38.9% +25.8% +18.6% 535 385 1,490 12,802 293 IDR bn 1,185 4Q23 3Q24 4Q24 Qtrly CPO ASPs +32.4% 10,796 +12.7% 12,609 14,025 10,731 IDR bn IDR/kg IDR/kg 4Q23 3Q24 4Q24 2023 2024 2023 2024 Corporate Present
Slide 23: Positive impact from ASP and operations
IV. Positive impact from ASP and operations Qtrly EBITDA Annual EBITDA Annual Net profit +147.9% +34.0% +111.7% +14,453% 295 706 220 IDR bn 305 119 4Q23 3Q24 4Q24 Qtrly Net profit IDR bn IDR bn 333 +368.9% +49.4% 169 IDR bn 113 36 2 4Q23 3Q24 4Q24 2023 2024 2023 2024 Corporate Presentation 23
Slide 24: Outstanding FY24 Financial Performance
IV. Outstanding FY24 Financial Performance (IDR bn) 4Q24 3Q24 4Q23 QoQ (%) YoY (%) 2024 2023 YoY (%) Revenues 535 385 293 38.9 82.9 1,490 1,185 25.8 EBITDA 295 220 119 34.0 147.9 706 333 111.7 EBIT 263 178 107 47.9 146.0 553 203 172.9 Pretax profit 230 139 59 65.5 292.2 406 51 701.5 Net profit 169 1
Slide 25: Revenue Breakdown
IV. Revenue Breakdown NSSS strong top-line growth in 4Q24 is due to higher sales volumes for both CPO and PK, along with a significant rise in ASP driven by supply constraints due to the ongoing rainy season (La Niña). Breakdown 4Q24 3Q24 4Q23 QoQ(%) YoY(%) 2024 2023 YoY (%) Sales volume (tons) CPO
Slide 26: Income Statement
IV. Income Statement Significant improvements in Gross, EBITDA and Net margins. (IDR bn) 2024 2023 2022 4Q24 4Q23 Revenue 1,490 1,185 1,134 535 293 Gross profit 585 303 406 277 127 EBITDA 706 333 450 295 119 EBIT 553 203 326 263 107 Pre-tax profit 406 51 124 230 59 Net profit 305 2 70 169 36 Gross m
Slide 27: Balance Sheet
IV. Balance sheet ROAA, ROAE and Net Gearing seeing significant improvements. (IDR bn) 2024 2023 2022 Cash 386 243 40 Receivables 52 37 33 Bearer plants 1,755 1,814 1,846 Fixed assets 920 905 623 Other assets 614 673 492 Total assets 3,728 3,672 3,035 Debt 1,998 2,106 2,105 Payables 140 375 178 Othe
Slide 28: V. ESG and CSR Commitments
V. ESG and CSR Commitments Corporate Presentation 28
Slide 29: CSR Commitments
V. CSR Commitments EDUCATION ECONOMIC SOCIAL & HEALTH ❖ Start integrated service posts for the ❖ Provide basic nursery & toddler care ❖ Construct and provide employee toddlers’ public health program. for employee’s children. housing. ❖ Construct clinics for public health. ❖ Fund teachers' salaries.
Slide 30: ESG Commitments
V. ESG Commitments ISPO Implementation Proper Waste Management PMM 9,829 ha BSP 8,259 ha Qualified and secure waste management provide environmental HMA benefits. 7,918 ha Owls for natural pest control: a sustainable solution NSP 12,390 ha BSSU Beginning 2024, NSSS 6,603 ha started building owl shel
Slide 31: Disclaimer
Disclaimer The information contained in this presentation is provided by PT Nusantara Sawit Sejahtera Tbk ("the Company") and is intended for informational purposes only. This presentation does not constitute an offer or solicitation to buy or sell any securities of the Company. The financial and op
Slide 32: Thank you
Thank you Contact person: Evelyn Satyono, Head of Investor Relations T: +62 21 2854-8380 Email: investor.relations@nssgroup.id Website: nssgroup.id Corporate Presentation 32
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