Pt Dharma Satya Nusantara Tbk · IDX:DSNG
Pt Dharma Satya Nusantara Tbk — Q1 2024 Earnings Presentation
25 slides from Pt Dharma Satya Nusantara Tbk's earnings presentation, May 14, 2024
Slide 1: Company Update Q1-24
PT DHARMA SATYA NUSANTARA, TBK COMPANY UPDATE Q1-24 www.dsn.co.id dsn.group
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: Producers of green-certified Palm Oil, Wood products, and Renewable Energy products
DSNG - PT Dharma Satya Nusantara Tbk, Producers of green-certified Palm Oil, Wood products, and Renewable Energy products Wood Product Palm Oil Renewable Energy The Renewable Energy segment is the newest segment of In 1983 DSNG started its wood processing business In 1997, DSNG expanded its business
Slide 4: Palm Oil Segment Production Facilities
PRODUCTION FACILITES PALM OIL SEGMENT 675 FFB ton/hr Our Plantations located in East Kalimantan, Central Kalimantan, West Kalimantan, and North Kalimantan with a total planted area as of December 31, 2023 of 112.7K ha. 12 Mills CPO Plantation Profile CERTIFICATION ton/day (‘000 ha) Nucleus Plasma To
Slide 5: Palm Oil Plantation Profile
PALM OIL PALM OIL PLANTATION PROFILE By the end of 2023, the Company's replanting program, which began in late 2022, had felled 673 ha and replanted 500 ha. The early start of the replanting program is DSNG's commitment to maintain the productivity growth of oil palm plantations in a sustainable and
Slide 6: Palm Oil Productivity Through Technology
PALM OIL PRODUCTIVITY THROUGH TECHONOLOGY In the implementation of plantation operations management, the Company implemented various technology-based initiatives in maintenance, fertilization and harvesting activities to increase productivity and reduce dependence on labor requirements. In addition,
Slide 7: Palm Oil Performance
Palm Oil PALM OIL PERFORMANCE The World Meteorological Organization has indicated substantial cooling in the Pacific Ocean in early April 2024, which means the El Nino that FFB Production CPO Production occurred in 2H-23 will soon end. Nevertheless, 1Q-2024 FFB production of 525 thousand tons was on
Slide 8: Wood Product Segment
WOOD PRODUCT SEGMENT Wood Products is DSNG's legacy business. All the Company's wood products are certified to various international standards and exported to many countries around the world. The Company's wood supply chain comes from the domestic market sourced from Agroforestry plantations which a
Slide 9: Wood Product Performance
WOOD PRODUCT WOOD PRODUCT PERFORMANCE The global wood market is still unfavorable, resulting in a weak demand for wood products. Nevertheless, the Wood Product segment could book a 30% sales increase YoY for Panel products during 1Q-2024 by seizing the market left by other players. Regardless of the
Slide 10: Wood Product Productivity Through Technology
WOOD PRODUCT PRODUCTIVITY THROUGH TECHNOLOGY The Wood Products segment is a capital-intensive business where efficient production processes play a significant role in producing quality yet low- cost products. For this reason, since the last five years, the Company has implemented the autonomous conc
Slide 11: Renewable Energy Segment
RENEWABLE ENERGY SEGMENT In 2023, DSNG added a new business unit, Renewable Energy. This segment was born from DSNG's commitment to the concept of zero waste and circular economy. Currently, this business unit is contributed by 2 business models, which are Palm Shell Biomass and Wood Pellet Biomass.
Slide 12: Milestone DSNG
MILESTONE DSNG PT Dharma Satya Nusantara Tbk (DSNG) established on 29 September 1980. 1983 1997 2004 2009 2011 2013 2016 2017 2018 Start a wood First planting of First planting of First planting of Acquired 65% of PT IPO @ Jakarta Strategic POM 7 starts processing oil palms in East oil palms in oil
Slide 13: Consolidated Financial Performance
Renewable Energy (3%) 6% yoy Wood Product (12%) CONSOLIDATED FINANCIAL PERFORMANCE Revenue Contribution 8% yoy Palm Oil (85%) PT Dharma Satya Nusantara Tbk (DSNG) kicked off 2024 with a total revenue of Rp 2.2 trillion for the 1st quarter, an increase of 8% YoY from the contribution of three busines
Slide 14: Consolidated Balance Sheet
CONSOLIDATED BALANCE SHEET Total Assets increased by 5% following the recent additional strategic investment in REA Kaltim and the realization of some capex. Similarly, total liabilities increased by around 8%, driven mainly by additional investment loans. ASSET LIABILITY EQUITY Total Asset Current
Slide 15: External Recognition of DSNG Performance
EXTERNAL RECOGNITION OF DSNG PERFORMANCE Recognition from several independent institutions towards DSNG's performance achievements is reflected in the various awards received by the Company as well as the inclusion of DSNG shares as constituents of several actively traded market indexes. INDEX PENGH
Slide 16: External Recognition of DSNG's Sustainability Program
EXTERNAL RECOGNITION OF DSNG’s SUSTAINABILITY PROGRAM RSPO 2023 INNOVATION AWARD Score: 90.4% Score: Score: 10th 85.9% 86.4% Score: 7th 12th 2023 75.3% 16th 2021 2022 Score: 37.3% 2020 46th 2019 https://www.spott.org/palm-oil/ PERIOD : JUN 2023 – NOV 2023 https://kehati.or.id/en/index-sri-kehati/ As
Slide 17: DSNG Loan & Creditor Profile
DSNG LOAN & CREDITUR PROFILE ST IDR 11% ST USD 6% Currency USD LT IDR LT USD 68% profile 15% 21% Conventional 75% USD 30 MILLION – 10 YEARS Loan profile SLL 17% 25% or equivalent to IDR 1.554 bn of DSNG's total debt Impact Loan is in the form of 8% On January 26, 2023, DSNG signed a Sustainability l
Slide 18: DSNG's Commitment to Sustainability Through Various Program
www.dsn.co.id DSNG'S COMMITMENT TO SUSTAINABILITY THROUGH VARIOUS PROGRAM
Slide 19: DSNG Sustainability Program
DSNG SUSTAINABILITY PROGRAM As a form of the Company's serious commitment to sustainability practices, in 2020 DSNG established Sustainability Advisory Board (SAB) consisting of DSNG top management and independent figures who have high credibility in international sustainability practices. The main
Slide 20: DSNG Sustainability Program
DSNG SUSTAINABILITY PROGRAM The following are DSNG's actions in realizing the commitment to our sustainability programs #1 BIO-CNG PLAN 2020 #2 SOLAR PANEL 2021 "I want our business, starting from our palm oil operations to be fully energy independent by 2028, relying almost exclusively on renewable
Slide 21: DSNG Sustainability Program
DSNG SUSTAINABILITY PROGRAM The following are DSNG's actions in realizing the commitment to our sustainability programs #3 PERMANENT TOILET 2023 #4 BACK SUPPORT (CORSET) 2015 DSNG built separate male and DSNG implements high work female toilet facilities within safety standards by ensuring the oil p
Slide 22: DSNG Sustainability Program
DSNG SUSTAINABILITY PROGRAM The following are DSNG's actions in realizing the commitment to our sustainability programs #5 ORANG UTAN BRIDGE 2023 #6 OTHER PROGRAMS Visit our website and sustainability report to see more of DSNG's actions in realizing its commitment to the sustainability program. DSN
Slide 23: Operational Summary
OPERATIONAL SUMMARY Palm Oil Wood Product Q1-2024 Q1-2023 YoY Δ% Q4-23 Q3-23 QoQ Δ% 2023 2022 2021 Q1-2024 Q1-2023 YoY Δ% Q4-23 Q3-23 QoQ Δ% 2023 2022 Planted Land ('000 ha) 112.7 112.5 0.2 112.5 112.5 - 112.7 112.9 112.8 Sales Volume ('000) Nucleus 84.8 84.6 0.2 84.5 84.5 - 84.8 84.6 84.5 Panel (m3
Slide 24: Financial Summary
FINANCIAL SUMMARY Consolidated Segmented Profit & Loss (IDR bn) Q1-24 Q1-23 YoY Δ% Q4-23 Q3-23 QoQ Δ% 2023 2022 2021 Palm Oil (IDR bn) Q1-24 Q1-23 YoY Δ% Q4-23 Q3-23 QoQ Δ% 2023 2022 2021 Revenue 1,905 1,812 5.1 2,583 1,918 34.6 8,354 8,117 5,792 Revenue 2,230 2,066 7.9 2,935 2,207 33.0 9,499 9,634
Slide 25: Thank You
+ THANK YOU www.dsn.co.id
PT Dharma Satya Nusantara — Q1 2024 Earnings Presentation on 6ix