Maybulk Bhd · MYX:MAYBULK
Maybulk Bhd — Malaysian Bulk Carriers Berhad — Shareholder Meeting (May 2018)
13 slides from Maybulk Bhd's shareholder meeting presentation, May 11, 2018
Slide 1: Malaysian Bulk Carriers Berhad 27th Annual General Meeting
Malaysian Bulk Carriers Berhad 27th Annual General Meeting Kuala Lumpur, 11 May 2018 MALAYSIAN BULK CARRIERS BERHAD (Company No:175953-W)
Slide 2: Disclaimer
Disclaimer The information contained in this presentation is for information purposes only, and does not constitute or form part of any offer or invitation to sell or the solicitation of an offer or invitation to purchase or subscribe for, or any offer to underwrite or otherwise acquire any securiti
Slide 3: 2017 In Review & Highlights
2017 IN REVIEW & HIGHLIGHTS MALAYSIAN BULK CARRIERS BERHAD (Company No:175953-W)
Slide 4: 2017 In Review - Markets turned the corner in 2017
2017 IN REVIEW - Markets turned the corner in 2017 • Market improved from 2016 levels. Baltic Dry Index was at its lowest in Quarter 1 2016, but drybulk shipping rates have improved markedly by the end of 2017. Average TC Rate of Panamax/ Supramax/ Handysize USD/day 9,766 10,000 9,168 8,000 6,966 7,
Slide 5: 2017 In Review - Key Company Highlights
2017 IN REVIEW - Key Company Highlights • For Full Year 2017, MBC’s Loss-before-tax narrowed to RM 129.0 million (2016: RM 496.3 million). • In 2017, a net positive cashflow of RM 27.4 million from operating activities (2016: negative RM 20.0 million) was generated. • Key Highlights: − Rebalancing o
Slide 6: Financial Highlights
FINANCIAL HIGHLIGHTS MALAYSIAN BULK CARRIERS BERHAD (Company No:175953-W)
Slide 7: 2017 Group Financial Highlights
2017 GROUP FINANCIAL HIGHLIGHTS (RM Million) 2017 2016 Remarks Revenue 272.6 225.5 + 20.8% Operating Profit (80.8) (139.7) + 42.2% Profit Before Tax (129.0) (496.3) + 74.0% • Better performance mainly due to revenue improvement, lower operating costs and disposal of vessels. • Lower impairment loss
Slide 8: Fleet Overview - Modern, Eco and Diversified fleet
FLEET OVERVIEW - Modern, Eco and Diversified fleet Existing Owned & Operated Fleet: 14 vessels (3 new ships under construction) Post Panamax/ As of May18 Supramax Handysize Panamax Existing Fleet 3 6 5 Newbuildings* 3 Total 6 6 5 * 3 newbuildings are expected to be delivered in October 2018, January
Slide 9: Market & Economic Outlook
MARKET & ECONOMIC OUTLOOK MALAYSIAN BULK CARRIERS BERHAD (Company No:175953-W)
Slide 10: World Economic Outlook - Gaining Momentum
WORLD ECONOMIC OUTLOOK - Gaining Momentum • World growth for 2018 is forecasted to be 3.9% up from 3.7% World Output & Growth % in 2017 according to IMF. China remains the key driver for dry 90 4 US$’000 Billions bulk commodity demand. 85 3.8 80 3.6 • India’s economy continues to remain strong and I
Slide 11: Dry Cargo Market Outlook
DRY CARGO MARKET OUTLOOK • In 2017, dry bulk market has shown marked improvement compared to previous year. For 2018, with continued growth in tonne-mile demand and declining growth in fleet supply, the outlook of the drybulk market remains positive. • China continues to be the main contributor for
Slide 12: Business Strategy - Positioning for the market upturn
BUSINESS STRATEGY - Positioning for the market upturn • High specification and modern fleet provide competitive edge • Continued focus on operational excellence and safety management • Keeping cost structure tight • Efficient deployment of our fleet • Focusing on key customers and seeking value-add
Slide 13: Thank You
THANK YOU MALAYSIAN BULK CARRIERS BERHAD (Company No:175953-W)
Malaysian Bulk Carriers Berhad — Shareholder Meeting (May 2018) on 6ix