Jtc Logistics Transportation & Stevedoring Co. K.s.c.p · KSE:JTC
Jtc Logistics Transportation & Stevedoring Co. K.s.c.p — Jassim Transport & Stevedoring Co. K.S.C.P. — FY2022 Earnings Presentation
13 slides from Jtc Logistics Transportation & Stevedoring Co. K.s.c.p's earnings presentation, 2023
Slide 1: Jassim Transport & Stevedoring Co. K.S.C.P. Kuwait | KSA | Qatar
. . . . . . . . . . . . .... . . . . . . . . . . . . Jassim Transport & Stevedoring Co. K.S.C.P. Kuwait | KSA | Qatar
Slide 2: Disclaimer
This presentation is intended to convey information about the financial results and business performance of Jassim Transport & Stevedoring Co. K.S.C.P. (referred to as “JTC”). This presentation is provided for general informational purposes only and is not intended to be, and should not be construed
Slide 3: Jassim Transport & Stevedoring Co. K.S.C.P.
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Slide 4: Diversified business model with 4 major business segments, 44 years of history
Diversified business model with 4 major business 44 years of history: established in 1979 segments with significant synergies Part of the KIPCO Group since 2019, listed on Kuwait Regional player with regular operations in Stock Exchange since 2021 3 geographies: Kuwait, Saudi Arabia and Qatar Busine
Slide 5: Company history and milestones since 1979
Commenced Commissioned Founded as Opened operations in 10K sqm an inland Custom Bonded Shuaiba Port for Temperature- transportation Launched Warehouse Expanded Expanded aggregate, steel controlled company in Equipment (CBW) in Power Rental Heavy Lift scrap and general Warehouse in Kuwait Rental Shuw
Slide 6: Geographic presence and business lines by country
Kuwait • Ports Management • Contract Logistics • Equipment Leasing • Power Rental Qatar • Equipment Leasing KSA (Dammam & Riyadh) • Power Rental Jassim Transport & Stevedoring Co. K.S.C.P. 6
Slide 7: Jassim Transport & Stevedoring Co. K.S.C.P.
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Slide 8: 2022 key highlights and expansion
Completed expansion of Ports Management services to Kuwait’s Shuaiba port, stabilized operations, and increased coverage to multiple cargo types Commissioned a new 10K sq.m. temperature-controlled warehouse at Mina Abdullah, marking a significant expansion in the warehousing segment New Capex invest
Slide 9: Jassim Transport & Stevedoring Co. K.S.C.P.
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Slide 10: Strong recovery in financial results following COVID-19 slump
Strong recovery in financial results following a COVID-19 slump and market downturn in 2020-’21 Revenue Net Profit 27.4 4.4 22.0 2.4 + 82% + 25% FY 2021 FY 2022 FY 2021 FY 2022 7.7 1.3 1.1 6.7 1.0 1.0 6.6 6.5 5.8 0.5 2021: Q4 2022: Q1 2022: Q2 2022: Q3 2022: Q4 2021: Q4 2022: Q1 2022: Q2 2022: Q3 20
Slide 11: Healthy growth in Assets and Equity; Zero Net Debt
Healthy growth in Assets and Equity; Zero Net Debt enabled by strong cash flows Total Assets Total Shareholders' Equity 60.8 47.4 44.4 55.8 + 7% + 9% FY 2021 FY 2022 FY 2021 FY 2022 Net Debt Operating Cash Flow (Cash Holdings minus Borrowings) 11.0 0.0 7.0 + 56% (2.1) FY 2021 FY 2022 FY 2021 FY 2022
Slide 12: Cumulative dividends per share for the past 10 years
Cash dividend of KWD 2.7 million (18 fils per share) proposed for FY 2022: 62% of Net Profit / EPS FY 2021 FY 2022 Earnings per share (fils): 16.1 29.2 Cash Dividend per share (fils): 16.0 18.0 Cumulative dividends per share for the past 10 years (2013-2022): 325 fils Jassim Transport & Stevedoring
Slide 13: Contact details
JASSIM TRANSPORT & STEVEDORING CO. K.S.C.P. JTC LOGISTICS CO. W.L.L. ADD: KHALDIAH AREA, BUSINESS GATE, ADD: ADJACENT TO CONTAINER TERMINAL, NEAR BUILDING 1220, DAMMAM - KSA SHUWAIKH PORT, SHUWAIKH – KUWAIT. TEL: + 966 832 4223 TEL: + 965 2228 6100 FAX: + 966 832 8990 FAX: + 965 2228 6124 EMAIL: inf
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