Jtc Logistics Transportation & Stevedoring Co. K.s.c.p · KSE:JTC
Jtc Logistics Transportation & Stevedoring Co. K.s.c.p — 9M 2023 Earnings Presentation
20 slides from Jtc Logistics Transportation & Stevedoring Co. K.s.c.p's earnings presentation, Sep 30, 2023
Slide 1: Investor Presentation
KUWAIT | SAUDI | QATAR EQUIPMENT LEASING CONTRACT LOGISTICS POWER RENTAL PORTS MANAGEMENT Investor Presentation 9-month period ending on September 30, 2023 WAREHOUSING 1
Slide 2: Disclaimer
Disclaimer This presentation contains “forward-looking statements” with no warranty or representation given concerning such information. All forward–looking statements attributable to the Company or persons acting on its behalf apply only as of the date of this document, and are expressly qualified
Slide 3: Contents
Contents • JTC at a Glance • Industry Updates • Operational Overview EQUIPMENT LEASING CONTRACT LOGISTICS • Financial Performance • Sustainability Vision • Outlook POWER RENTAL PORTS MANAGEMENT WAREHOUSING 3
Slide 4: JTC at a Glance
JTC at a Glance 44 years of leading as a service provider for ports management, contract logistics, warehousing, equipment leasing and power rental 4
Slide 5: JTC TODAY – 9M 2023
JTC TODAY – 9M 2023 REVENUE CONTRIBUTION GEOGRAPHIC PRESENCE 44 years Warehousing Saudi of operations 3% 5% Qatar 5% KD 69.1 million Ports Equipment Management Leasing & (Stevedoring) Power Rental Total Assets 40% 41% Kuwait KD 49.1 million Contract 90% Logistics Total Equity 16% Diversified busines
Slide 6: JTC TODAY – 9M 2023: Diversified Business Lines
JTC TODAY – 9M 2023 DIVERSIFIED BUSINESS LINES Increased sources of income and growth opportunities PORTS CONTRACT EQUIPMENT POWER WAREHOUSING MANAGEMENT LOGISTICS LEASING RENTAL • Leading operator at • Industrial • Temperature-controlled, • One of the leading • Leading player in power Shuwaikh and
Slide 7: JTC at Boursa Kuwait
JTC AT BOURSA KUWAIT As of September 30, 2023 CAPITAL MARKET CAP JTC Ticker on Boursa Kuwait KD 15.00 million KD 46.50 million 2021 P/E DIVIDEND YIELD Listed on Boursa Kuwait 8.39 5.81% based on TTM EPS based on last annual dividend 7
Slide 8: Industry Updates
Industry Updates Market performance providing indicators supporting JTC performance during period 8
Slide 9: Industry Updates
Industry Updates KUWAIT - ECONOMIC OVERVIEW GCC - ECONOMIC OVERVIEW • Positive economic indicators with project • Saudi: Non-oil revenues surged by 53% on an awards hitting a multi-year high in Q3 rising annual basis in Q3 to reach SR111.5 billion, 6% quarter-on-quarter to KD683 million. making up 4
Slide 10: Operational Overview
Operational Overview Continued growth in the 9-month period 10
Slide 11: Operational Contribution to Revenue
Operational Contribution to Revenue CHANGE IN CONTRIBUTIONS SERVICE CONTRIBUTION – 9M COUNTRY CONTRIBUTION – 9M 9M’23 9M‘22 Q3’23 Q3’22 Warehousing 90.2% Contract 3% 15.6% 15.6% 13.9% 15.7% Logistics Kuwait Ports Ports Management 40.5% 35.7% 40.3% 35.1% Equipment Leasing & Management 4.8% 5.0% Power
Slide 12: Revenues – Q3 + 9M
Revenues – Q3 + 9M PORTS MANAGEMENT EQUIPMENT LEASING + CONTRACT LOGISTICS WAREHOUSING (STEVEDORING) POWER RENTAL Q3’23: KD1.0 m Q3’23: KD2.9 m Q3’23: KD3.1 m Q3’23: KD0.2 m Q3’22: KD1.0 m Q3’22: KD2.3 m Q3’22: KD3.2 m Q3’22: KD0.1 m -0.3% +24.9% -2.5% +90.2% 9M’23: KD3.4 m 9M’23: KD8.8 m 9M’23: KD8
Slide 13: Financial Performance
Financial Performance Continued growth in the 9-month period 13
Slide 14: Financial Highlights
Financial Highlights REVENUE – in KD million NET PROFIT – in KD million EPS – in fils +9.7% +35.6% +35.6% 21.6 4.4 29.5 19.7 3.3 21.8 +8.7% +52.3% +52.3% 7.3 1.5 6.7 10.2 1.0 6.7 Q3'22 Q3'23 9M'22 9M'23 Q3'22 Q3'23 9M'22 9M'23 Q3'22 Q3'23 9M'22 9M'23 14
Slide 15: Financial Highlights
Financial Highlights INCOME STATEMENT – Q/Q Q3 2023 Q3 2022 CHANGE • Net profit increases in Q3 and 9M were Operating Revenue 7,273,095 6,691,493 +8.7% driven by an increase in revenue from operations. Operating Costs (4,977,569) (5,004,494) -0.5% Gross Profit 2,295,526 1,686,999 +36.1% • Cash posit
Slide 16: Sustainability Vision
Sustainability Vision Contribution to our local communities 16
Slide 17: Sustainability Vision
Sustainability Vision JTC invests in social activities that bring positive impact to the society in which it operates. The company commits and complies with best practices of corporate governance, in addition to having strict HSE standards to ensure the safety of our employees, and supporting charit
Slide 18: Outlook
Outlook 2023 and beyond 18
Slide 19: Outlook
Outlook • Positive outlook on growing operations supporting the development of large projects in GCC • Investment in the expansion of operations in present GCC markets to provide new revenue opportunities • Expansion within business lines to continue contribution in company’s diversified revenue str
Slide 20: Financial Statement & Contact
Financial Statement & Contact To review the full financial statement for 9M 2023: https://www.jtckw.com/investor-relations/ EQUIPMENT LEASING CONTRACT LOGISTICS For more information please contact: Investor Relations ir@jtckw.com POWER RENTAL PORTS MANAGEMENT WAREHOUSING 20
JTC Logistics Transportation & Stevedoring Co. K.S.C.P — 9M 2023 Earnings Presentation on 6ix