Hutchison Port Holdings Trust · SGX:NS8U
Hutchison Port Holdings Trust — H1 2021 Earnings Presentation
19 slides from Hutchison Port Holdings Trust's earnings presentation, Jul 26, 2021
Slide 1: Hutchison Port Holdings Trust 2021 Financial Results Presentation
Hutchison Port Holdings Trust 2021 Financial Results Presentation for the Period Ended 30 June 2021
Slide 2: Disclaimer
Disclaimer This presentation should be read in conjunction with, and figures herein are based on, the results of Hutchison Port Holdings Trust (“HPH Trust”) for the period ended 30 June 2021 in the SGXNET announcement. This presentation may contain forward-looking statements that involve risks and u
Slide 3: Table of Contents
Table of Contents 1 Key Highlights 2 Outlook and Prospects 3 Business Review for the Period Ended 30 June 2021 4 Key Financial Performance 2 HPH TRUST / RESULTS PRESENTATION 26 July, 2021
Slide 4: Key Highlights
1 Key Highlights 3 HPH TRUST / RESULTS PRESENTATION 26 July, 2021
Slide 5: Key Highlights
Key Highlights • YTD June 2021 throughput of HPH Trust’s ports was 13% above last year. YICT’s throughput was 21% above last year. Combined throughput(N1) of HIT, COSCO-HIT and ACT (collectively “HPHT Kwai Tsing”) was 4% above last year • Outbound cargoes to the US and EU grew in the first six month
Slide 6: Outlook and Prospects
2 Outlook and Prospects 5 HPH TRUST / RESULTS PRESENTATION 26 July, 2021
Slide 7: Outlook and Prospects Overview
Outlook and Prospects Overview • In the first half of 2021 throughput at HPHT Kwai Tsing and YICT benefited from a global economic rebound from the COVID-19 downturn, particularly for outbound cargoes to the USA and Europe. The increase in cargo volume occurred in an environment where global supply
Slide 8: Business Review for the Period Ended 30 June 2021
3 Business Review for the Period Ended 30 June 2021 7 HPH TRUST / RESULTS PRESENTATION 26 July, 2021
Slide 9: Key Business Update: Throughput Volume
Key Business Update Throughput Volume (TEU in thousand) 30,000 YICT and HICT (N2) HIT, COSCO-HIT and ACT 25,000 +6% yoy -1% yoy +8% yoy -1% yoy -3% yoy +2% yoy -6% yoy 20,000 11,673 12,166 12,916 13,413 11,698 13,309 13,619 15,000 +13% yoy 10,000 6,632 12,565 11,761 10,810 11,365 5,000 10,616 9,991
Slide 10: Key Financial Performance
4 Key Financial Performance 9 HPH TRUST / RESULTS PRESENTATION 26 July, 2021
Slide 11: Key Financial Performance: Revenue and other income
Key Financial Performance Revenue and other income For the period ended 30 June 2021 (HK$’Million) Segment Information +25% yoy 7,000 2021 2020 5,992 6,000 4,777 28% 34% 5,000 4,000 72% 66% 3,000 2,000 1,000 - Hong Kong Mainland China 2021 2020 10 HPH TRUST / RESULTS PRESENTATION 26 July, 2021
Slide 12: Key Financial Performance: Total Capex
Key Financial Performance Total Capex For the period ended 30 June 2021 (HK$’Million) 300 200 288 100 -85% yoy 44 0 2021 2020 11 HPH TRUST / RESULTS PRESENTATION 26 July, 2021
Slide 13: Key Financial Performance: Financial Position
Key Financial Performance Financial Position At 30 June 2021 At 31 December 2020 HK$'Million HK$'Million Short Term Debt $3,198.0 $3,992.0 Long Term Debt $25,840.0 $25,428.0 Total Consolidated Debt $29,038.0 $29,420.0 Total Consolidated Cash $10,375.9 $7,766.6 12 HPH TRUST / RESULTS PRESENTATION 26
Slide 14: Key Financial Performance: Distribution
Key Financial Performance Distribution For the period from 1 January 2021 to 30 June 2021 Distribution Amount HK$566.2 million Distribution Per Unit 6.50 HK cents Ex-distribution date 3 August 2021 Record date 5:00p.m. 3 August 2021 Payment of distribution 24 September 2021 13 HPH TRUST / RESULTS PR
Slide 15: HPH Trust's Unaudited Results Half Year 2021 against Last Year
HPH Trust’s Unaudited Results Half Year 2021 against Last Year 1 January to 30 June 2021 2020 % variance (HK$'Million) Actual Actual Fav/(Unfav) Revenue and other income 5,992.2 4,776.7 25% Cost of services rendered (1,936.9) (1,567.4) (24%) Staff costs (124.8) (128.3) 3% Depreciation and amortisati
Slide 16: Statement of Financial Position as at 30 June 2021 and 31 December 2020
Statement of Financial Position as at 30 June 2021 and 31 December 2020 30 June 31 December (HK$'Million) 2021 2020 Unaudited Audited ASSETS Non-current assets Fixed assets 22,225.0 22,839.0 Projects under development 419.5 478.2 Leasehold land and land use rights 35,207.8 35,843.7 Railway usage rig
Slide 17: Statement of Financial Position (cont'd)
Statement of Financial Position as at 30 June 2021 and 31 December 2020 (cont’d) 30 June 31 December (HK$’Million) 2021 2020 Unaudited Audited Current liabilities Trade and other payables 5,957.1 5,517.5 Bank and other debts 3,194.0 3,990.6 Current tax liabilities 400.9 278.6 Total current liabiliti
Slide 18: Statement of Cash Flows Half Year 2021 and 2020
Statement of Cash Flows Half Year 2021 and 2020 1 January to 1 January to (HK$’Million) 30 June 2021 30 June 2020 Operating activities Cash generated from operations 4,624.1 2,588.3 Interest and other finance costs paid (274.5) (417.8) Tax paid (599.9) (468.2) Net cash from operating activities 3,74
Slide 19: The World's Leading Port Network
THE WORLD’S LEADING PORT NETWORK
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