Pt Dharma Satya Nusantara Tbk · IDX:DSNG
Pt Dharma Satya Nusantara Tbk — FY2022 Earnings Presentation
27 slides from Pt Dharma Satya Nusantara Tbk's earnings presentation, Apr 4, 2023
Slide 1: FY22 Corporate Updates
FY22 CORPORATE UPDATES PT DHARMA SATYA NUSANTARA TBK 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
Construction of 2nd BIO-CNG Plant & 2021 2022 installation Of solar panels New CPO mill @30tph & 1 extension line @30tph started 2020 commercial operation 2019 Facility from &Green Commissioning of new palm 1st Bond, 1st Bio-CNG oil mill with capacity of 60 DSNG MILESTONE Mill #7 started commercial
Slide 4: Palm Oil Segment
PALM OIL SEGMENT PLANTATION PROFILE PALM OIL PRODUCTION FACILITIES Prime PRODUCTS Mature 675 FFB 72% ton/hr CPO Planted 88% Immature 12 Mills CPO Plantation Revenue PKO Contribution 8% Kernel 3% 400 PK ton/day FFB 1% Others 0.3% North 1 Mills PKO Kalimantan 1,2 Electricity MW ±60.000 ha in one area
Slide 5: Wood Product Segment
WOOD PRODUCT SEGMENT PANEL ENGINEREED FLOORING ENGINEREED DOOR JOINT VENTURES Market Raw Material Destination WITH United IMPORTED OTHER LOCAL Product Kingdom SENGON JABON OAK WOOD 100% Export PRODUCTION CAPACITY PRODUCTION CAPACITY 12,000 m3/month 150,000 m2/month Enginereed Door Products Door 10%
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 a Canada & USA Europe Japan claim on their certification
Slide 7: Shareholders Profile
SHAREHOLDERS PROFILE Dividend Per Share Per 31 December 2022 (IDR/Share) 20.0 DSNG listed its shares in IDX on 14 June 2013 with a ticker of DSNG:IJ. Currently, its market capitalization is 12.5 28,90% 10.0 around IDR 7,155 Bn or USD 470 Mn equivalent (as of 24 Feb 2023) 5.0 Oetomo Family 31,71% 201
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. 1 https://kehati.or
Slide 9: Palm Oil Performance and Wood Product Performance
PALM OIL PERFORMANCE The increase in CPO production and sales volume was due to the increase in FFB production which Quarterly FFB Production has gradually normalized since 2nd semester after (ton) 24 months of 2019 El-Nino Q4 FFB PRODUCTION Q4 474 660 WOOD PRODUCT PERFORMANCE 2,204 2,215 Q3 471 Q3
Slide 10: Consolidated Financial Performance
13.9% yoy 40% yoy Wood Palm Oil Revenue contribution CONSOLIDATED ASP (IDR mn) CPO PKO FINANCIAL PERFORMANCE 21% FY22: 11.2 FY22 : 17.5 IDR bn margin (%) FY21: 9.2 FY21 : 16.5 REVENUE NET INCOME EBITDA CORE PROFIT 9,634 1,207 3,018 1,319 55.5% 7,124 35.2% 6,699 63% 5,737 1,941 73% 740 1,650 762 31.3
Slide 11: Consolidated Balance Sheet
CONSOLIDATED BALANCE SHEET ASSETS LIABILITIES EQUITY Current Non-Current Debt 15,357 7,889 7,921 8,160 14,151 13,712 7,197 7,026 6,687 11,621 6,231 6,415 6,391 5,309 5,447 3,732 3,230 1,933 2,613 2,322 2019 2020 2021 2022 2019 2020 2021 2022 2019 2020 2021 2022
Slide 12: Leverage Profile and Creditors
LEVERAGE PROFILE LEVERAGE PROFILE AND CREDITORS ST 21% ST IDR 15% DSNG creditors are financial institutions with national and ST USD international credibility. 6% Currency profile USD LT IDR 30% 55% LT USD 24% LT 79% COMMERCIAL INTERNATIONAL PUBLIC INSTITUTION FINANCIAL COVENANTS Descriptions 2019 2
Slide 13: We Ensure the Sustainability of Plantation Productivity
WE ENSURE THE SUSTAINABILITY OF PLANTATION PRODUCTIVITY
Slide 14: 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 15: We Keep Our Plants Productive: Replanting & Strategic Nursery Investments
WE KEEP OUR PLANTS PRODUCTIVE: REPLANTING & STRATEGIC NURSERY INVESTMENTS In 2022 we started the first replacement of 383 ha with a replanting target of 1,000 - 1,500 ha in 2023 2022 2015 2016 2017 2018 2019 2020 2021 Avg 2022 Nucleus 2023 2024 2025 Joint Venture with Age: 13.7 Years Old Mature (>18
Slide 16: 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 17: Forest Pillar
Forest Pillar COMMITMENT TO SUSTAINABILITY DSNG respects forest, climate, & community responsibilities to all Designated off stakeholders Conservation area concession managed within concession conservation area Suppliers and Contractors signed Integrity Pacts containing NDPE Policy Traceable FFB sup
Slide 18: Climate Pillar
Climate Pillar COMMITMENT TO SUSTAINABILITY DSNG respects forest, climate, & community responsibilities to all Palm Oil Mill Effluent is processed in accordance with stakeholders government quality standards and used for land applications Million kWh or Million liters of diesel based on permits from
Slide 19: Community Pillar
Community Cultural Heritage Assessment & Preservation Plan and Indigenous People Development Plan Pillar implemented in Muara Wahau, Karangan and Bengalon. COMMITMENT TO SUSTAINABILITY Jabon Tree Seeds (36% of total Elementary schools buses are provided DSNG respects forest, climate, & in East Kutai
Slide 20: Commitment to Sustainability
Chairman DATUK DARREL WEBBER DSN Group has started the following sustainability is the former CEO of RSPO, a global multistakeholder initiative, transitioning a global agricultural commodity initiatives : towards sustainable production and consumption. • ESMS & Policy Enhancements He is currently th
Slide 21: Sustainability in Actions
SUSTAINABILITY IN ACTIONS
Slide 22: Sustainability Initiatives in Palm Oil
SUSTAINABILITY INITIATIVES IN PALM OIL EMISION REDUCTION UP TO 29% BY 2030 1st BIO-CNG Palm Kernel Empty Fruit BASELINE CARBON SCOOPING saving : Shell Bunch Equivalent 50,000+ with 2 million Metric tons or or liters of diesel/year Carbon Reduction Planting 805,370 Removing Recycling BIOMASS: PKS & E
Slide 23: Wood Product Initiatives
WOOD PRODUCT INITIATIVES To promote a forest tenure reform, DSN has introduced a Community SOLAR PANEL HUTAN TANAMAN RAKYAT Plantation Forest (“Hutan Tanaman Rakyat” or “HTR”) program by providing up to 1 million Jabon seedlings to local farmers by 2027. The 16,000 m2 Solar panel were fully (HTR) Pr
Slide 24: Independent Party Recognition of DSNG Sustainability Initiatives
INDEPENDENT PARTY RECOGNITION OF DSNG SUSTAINABILITY INITIATIVES INTERNATIONAL INSTITUTION 46th 16th 7th 12th Score: Score: Score: Score: 37.3% 75.3% 85.9% 86.4% Stichting andgreen.fund Asian Development Bank https://www.spott.org/palm-oil/ 2019 2020 2021 2022 AD VI SED BY Rank Company Headquarters
Slide 25: Operational Summary
OPERATIONAL SUMMARY Palm Oil Products Wood Products 2022 2021 YoY Δ% Q4-22 Q3-22 QoQ Δ% Q2-22 Q1-22 2020 2019 2022 2021 YoY Δ% Q4-22 Q3-22 QoQ Δ% Q2-22 Q1-22 2020 2019 Planted Land ('000 ha) 112.5 112.6 (0.0) 112.8 112.8 0.0 112.8 112.6 112.6 112.5 Sales Volume ('000) Nucleus 84.5 84.5 0.0 84.5 84.5
Slide 26: Financial Summary
FINANCIAL SUMMARY Consolidated Segmented Profit & Loss (IDR bn) 2022 2021 YoY Δ% Q4-22 Q3-22 QoQ Δ% Q2-2022 Q1-2022 2020 2019 Palm Oil (IDR bn) 2022 2021 YoY Δ% Q4-22 Q3-22 QoQ Δ% Q2-2022 Q1-2022 2020 2019 Revenue 9,634 7,124 35.2 3,048 2,799 8.9 2,143 1,637 6,699 5,737 Revenue 8,117 5,792 40.1 2,71
Slide 27: Thank You
Thank You Palm Oil Wood dsn.group www.dsn.co.id
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