Westports Holdings Bhd. · MYX:WPRTS

Westports Holdings Bhd — Q4 2023 Earnings Presentation

10 slides from Westports Holdings Bhd's earnings presentation, February 2024

  1. Slide 1: Corporate Presentation: Post 4th Quarter 2023 Financial Results

    400-metre LOA vessel berthing at Westports container terminal Corporate Presentation Post 4th Quarter 2023 Financial Results

  2. Slide 2: Revenue

    Revenue 2 Throughput 4Q23 4Q22 % YoY % Split 3Q23 % QoQ YTDDec23 YTDDec22 % YoY % Split Container m TEU 2.87 2.58 11% 100% 2.77 4% 10.88 10.05 8% 100% Conventional m MT 3.45 3.25 6% - 2.73 26% 11.60 12.12 -4% - Revenue RM million 4Q23 4Q22 % YoY % Split 3Q23 % QoQ YTDDec23 YTDDec22 % YoY % Split Con

  3. Slide 3: Cost Of Sales

    Cost Of Sales 3 Throughput 4Q23 4Q22 % YoY % Split 3Q23 % QoQ YTDDec23 YTDDec22 % YoY % Split Container m TEU 2.87 2.58 11% 100% 2.77 4% 10.88 10.05 8% 100% Conventional m MT 3.45 3.25 6% - 2.73 26% 11.60 12.12 -4% - Cost RM million 4Q23 4Q22 % YoY % Split 3Q23 % QoQ YTDDec23 YTDDec22 % YoY % Split

  4. Slide 4: Profitability & Margins

    Profitability & Margins 4 Profitability RM million 4Q23 4Q22 % YoY 3Q23 % QoQ YTDDec23 YTDDec22 % YoY 4Q23 Quarterly % YoY Gross Profit 319 295 8% 311 2% 1,236 1,190 4% Other Income >100% Administrative Exp -72% EBITDA 337 286 18% 326 4% 1,296 1,215 7% Other Expenses +5% EBITDA % 62.8% 55.9% 61.7% 6

  5. Slide 5: Cash Flows & Total Borrowings

    Cash Flows & Total Borrowings 5 Cash Flows Sukuk Musharakah ▪ 20 year Sukuk Musharakah Medium Term Note RM million 4Q23 4Q22 YTDDec23 YTDDec22 Medium Term Note program obtained on 20 April 2011 Tenure ▪ Valid unless it has been redeemed, cancelled or Operating Profit Before Working Capital Chg 339 3

  6. Slide 6: Throughput Volume

    Throughput Volume 6 Container m TEU 4Q23 4Q22 % YoY % Split 3Q23 % QoQ YTDDec23 YTDDec22 % YoY % Split Transhipment 1.64 1.56 5% 57.2% 1.61 2% 6.35 6.08 4% 58.4% Gateway / OD 1.23 1.02 20% 42.8% 1.15 6% 4.53 3.97 14% 41.6% Total TEUs^ 2.87 2.58 11% 100% 2.77 4% 10.88 10.05 8% 100% Intra-Asia 1.90 1.

  7. Slide 7: Dividend & Outlook

    Dividend & Outlook 7 Dividend Distribution Dividend Per Financial Payment Semi-Annual Dividend Distribution To Shareholders Since IPO (RM million) Track Record Share (RM) Year Ex-Date Date WHB paid all dividends it received from 2nd Interim Dividend 8.72 sen 2H 2023 20 Feb 2024 29 Feb 2024 operating

  8. Slide 8: Thank You

    Thank You Westports Holdings Berhad This document contains certain forward-looking statements with respect to Westports Holdings Berhad’s (“Westports”) financial condition, results of operations and business, and management’s strategy, plans and objectives for Westports. These statements include, wi

  9. Slide 9: 3rd Supplemental Privatisation Agreement

    3rd Supplemental Privatisation Agreement 9 1. Concession Period 4. MFRS And IC12 Implications ▪ The 3rd Supplemental Privatisation Agreement with the Government and the Port ▪ PKNS Land and Marina Land Klang Authority ▪ Addition to the balance sheet as concession assets ▪ To facilitate WP2 container

  10. Slide 10: 3rd Supplemental Privatisation Agreement

    3rd Supplemental Privatisation Agreement 10 6. Financing 8. Automation And Digitalisation ▪ Internally generated funds ▪ An electrified architecture facilitate ▪ New RM5.0 billion Wakalah Shariah principle Sukuk Programme for WP2 ▪ The flexibility for complete and semi-automation of terminal equipme

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