Pt Dharma Satya Nusantara Tbk · IDX:DSNG
Pt Dharma Satya Nusantara Tbk — 9M 2023 Earnings Presentation
29 slides from Pt Dharma Satya Nusantara Tbk's earnings presentation, Nov 14, 2023
Slide 1: 9M-23 Corporate Updates
9M-23 CORPORATE UPDATES PT DHARMA SATYA NUSANTARA dsn.group www.dsn.co.id
Slide 2: Disclaimer
DISCLAIMER Materials presented herein was prepared by PT Dharma Satya Nusantara Tbk. (“DSNG” or the “Company”) solely for informational purposes and discussion. By receiving this Materials, you agree to keep it confidential, not to reproduce or redistribute to any other person other than for the pur
Slide 3: DSNG Milestone 9M-23
Construction of 2nd 2021 9M-23 BIO-CNG Plant & installation Of solar panels 2022 Palm Oil Mill capacity Commissioning 2020 increased to 570 ton/hr new Palm Oil 2019 Facility from Mill (East & Central &Green Kalimantan) Replanting Progress 1st Bond, 1st Fell down approx. 500 Ha DSNG MILESTONE Bio-CNG
Slide 4: Palm Oil Segment
PALM OIL SEGMENT As of end of June 2023, the company’s total planted area, including nucleus and plasma, were 112.5 thousand hectares, with mature areas of 106 thousand hectares and average age of 13.8 years. PRODUCTION FACILITIES PLANTATION PROFILE Prime (‘000 ha) Nucleus Plasma Total Mature 675 FF
Slide 5: Wood Product Segment
WOOD PRODUCT SEGMENT Wood Product is the legacy business of DSNG. All our wood products are certified to numerous international sustainability standards and exported to many countries around the world. PANEL ENGINEREED FLOORING ENGINEREED DOOR JOINT VENTURES Market Raw Material WITH Destination Prod
Slide 6: Products Certification
PRODUCTS CERTIFICATION Wood Product All wood product have SVLK certificate to ensure the legality of timber source Palm Oil The assurance that the member has committed to and New Zealand complied with sustainability requirements, and can make Canada & USA Europe Japan a claim on their certification
Slide 7: Listing in IDX
LISTING IN IDX DSNG listed its shares in IDX on 14 June 2013 with a ticker of DSNG:IJ. Currently, its market capitalization is around IDR 6.1 Tn or USD 382 Mn equivalent (as of 27 Oct 2023) Source: https://www.idnfinancials.com/dsng/pt-dharma-satya-nusantara-tbk Dividend Per Share (IDR/Share) 30.0 D
Slide 8: DSNG as Constituent in Some Indexes
DSNG AS CONSTITUENT IN SOME INDEXES As a public company whose shares are actively traded, the inclusion of DSNG shares as part of several Index constituents, shows the recognition of independent institutions to the company's performance and commitment to sustainability practices. https://kehati.or.i
Slide 9: Wood Product Performance
WOOD PRODUCT PERFORMANCE Sales volume of Wood Product has consistently increased every quarter. In Q3-2023, the panel sales volume saw a rise of 18.2% compared to Q2-2023. Similarly, flooring sales increased marginally by 5.9% in Q3 compared to Q2 of this year. This positive quarterly trend was also
Slide 10: Palm Oil Performance
PALM OIL PERFORMANCE 9M23 FFB production increased by 5.5% YoY, with Q3-23 FFB production of both nucleus and plasma exhibited notable increases against the Q2-23 production. The Oil Extraction Rate (OER) has also improved from 22.84% in Q2-2023 to 23.50% in Q3-2023. As a result, CPO, PK, and PKO pr
Slide 11: Consolidated Financial Performance 9M-23
CONSOLIDATED FINANCIAL PERFORMANCE 9M-23 DSNG recorded sales in 9M23 amounted to Rp 6.6 trillion, relatively the same as 9M22. DSNG still enjoyed a higher ASP at Rp 11.5 million per ton compared to Rp 11 million last year, the cost of sales surged by 11% to IDR 4.9 trillion, mainly driven by high fe
Slide 12: Consolidated Balance Sheet 9M-23
CONSOLIDATED BALANCE SHEET 9M-23 DSNG's total assets grew by Rp 0.65 billion or 4% to Rp 16 trillion, attributed to higher cash balance, inventories and fixed assets from realization of capex. Total liabilities increased by 6% to Rp 7,6 trillion, partly due to the additional utilization of working c
Slide 13: Operational Summary
OPERATIONAL SUMMARY Palm Oil Products Wood Products 9M-23 9M-22 YoY Δ% Q3-23 Q2-23 QoQ Δ% 2022 2021 2020 9M-23 9M-22 YoY Δ% Q3-23 Q2-23 QoQ Δ% 2022 2021 2020 Planted Land ('000 ha) 112.5 112.6 (0.1) 112.5 112.5 - 112.5 112.8 112.6 Sales Volume ('000) Nucleus 84.5 84.5 - 84.5 84.5 - 84.5 84.5 84.5 Pa
Slide 14: Financial Summary
FINANCIAL SUMMARY Consolidated Segmented Profit & Loss (IDR bn) 9M-23 9M-22 YoY Δ% Q3-23 Q2-23 QoQ Δ% 2022 2021 2020 Palm Oil (IDR bn) 9M-23 9M-22 YoY Δ% Q3-23 Q2-23 QoQ Δ% 2022 2021 2020 Revenue 6,564 6,586 (0.3) 2,207 2,291 (3.7) 9,634 7,124 6,699 Revenue 5,771 5,399 6.9 1,918 2,041 64.7 8,117 5,7
Slide 15: We Ensure the Sustainability of Plantation Productivity
WE ENSURE THE SUSTAINABILITY OF PLANTATION PRODUCTIVITY
Slide 16: Continue to Innovate to Improve Productivity: Mechanization and Technology Application
CONTINUE TO INNOVATE TO IMPROVE PRODUCTIVITY: MECHANIZATION AND TECHNOLOGY APPLICATION DSNG believes the importance of technology in the future of palm oil industry, to answer the challenges of fulfilling plantation labor, improving CPO quality and cost efficiency. With a total area of 112k hectares
Slide 17: We Keep Our Plants Productive: Replanting & High-Quality Seed
WE KEEP OUR PLANTS PRODUCTIVE: REPLANTING & HIGH-QUALITY SEED In 2022 we started the first replacement of 383 ha with a replanting target of 1,000 - 1,500 ha in 2023 DSNG Plantation Profile 2015 2016 2017 2018 2019 2020 2021 2022 2022 2023 2024 2025 Avg Nucleus Age: Old Mature 13.7 Years (>18 years)
Slide 18: Growing Inorganically
GROWING INORGANICALLY STRATEGIC INVESTMENT & JOINT VENTURE WOOD AGRO AGRO AGRO 2016 2016 2020 2020 JV with Strategic Investment JV with JV with PT Dharma Satya Nusantara Tbk DSN has reached a conditional BIOMASS: The plantation replanting will (DSN Group), through its agreement with R.E.A. Holdings
Slide 19: Our Sustainability Commitments
OUR SUSTAINABILITY COMMITMENTS DSNG realizes that sustainability practices cannot be separated from our business activities. Therefore, we continue to commit to sustainable practices by focusing on communities, forests, and climate.
Slide 20: Commitment to Sustainability
COMMITMENT TO SUSTAINABILITY Total conservation area managed by the company (8,728 Ha within our concession and 3.148 Ha 11,876 ha off concession) that has been published in RSPO’s ACOP and area of the Off Concession Conservation Area (OCCA). 96 % The proportion of total FFB supply (from nucleus, pl
Slide 21: Commitment to Sustainability
COMMITMENT TO SUSTAINABILITY 104,513 m 3 Volume of POME waste was processed at Bio-CNG Plant to generate 7,703,401 kWH electricity. 10,003 tCO e 2 Equal to emission of 3,749,977 liter of diesel being deducted from the use of Biogas Engine and Bio-CNG. 1,38 GWh Maximum electricity that can be generat
Slide 22: Commitment to Sustainability
COMMITMENT TO SUSTAINABILITY 64 persons Local community members participated in our socialization to prevent child stunting. 250 persons From the Dharma Utama School, Muara Wahau received a full dose of Covid-19 vaccination facilitated by DSNG. 14 units Permanent field toilets built in our palm oil
Slide 23: Commitment to Sustainability
Chairman DATUK DARREL WEBBER DSN Group has started the following is the former CEO of RSPO, a global multistakeholder initiative, transitioning a global agricultural commodity sustainability initiatives : towards sustainable production and consumption. • ESMS & Policy Enhancements He is currently th
Slide 24: Sustainability in Actions
SUSTAINABILITY IN ACTIONS
Slide 25: Sustainability Initiatives in Empowering Cooperative
SUSTAINABILITY INITIATIVES IN EMPOWERING COOPERATIVE DSNG actively assists cooperatives in obtaining funding from Bank. This assistance is expected to help Cooperatives in understanding financial literacy especially how to obtain funding from financial institution, which at the end will help them to
Slide 26: Sustainability Initiatives in Palm Oil
SUSTAINABILITY INITIATIVES IN PALM OIL Biomass: PKS & EFB Collaboration in an Off-Concession Bio-CNG Plants JV with 1st Bio-CNG plant has produced Forest Conservation Program, DSNG & In 2022, DSE exported 21,000 tons of 13,453,401 kWh or the equivalent of reducing 3,749,977 liters of Palm Kernel She
Slide 27: Sustainability Initiatives in Wood
SUSTAINABILITY INITIATIVES IN WOOD Jabon Tree Up to end of 2022, a cumulative total of 1,633,215 Jabon Solar During 2022, the solar tree seedling has been distributed to farmers in power plant at Wood Seedlings for Temangung, Purworejo, Wonosobo, and Banjarnegara Panel Product Factory Farmers Distri
Slide 28: Independent Party Recognition of DSNG Sustainability Initiatives
INDEPENDENT PARTY RECOGNITION OF DSNG SUSTAINABILITY INITIATIVES https://www.spott.org/palm-oil/ INTERNATIONAL INSTITUTION SUSTAINABILITY 2022 : Ranked 12th globally with total score 86.4% IMPACT FUND LINKED LOAN In 2022, DSNG SPOTT ranking score increased from 85.9% to 86.4%, even though in terms o
Slide 29: Thank You
Thank You dsn.group | www.dsn.co.id
PT Dharma Satya Nusantara — 9M 2023 Earnings Presentation on 6ix