China Aviation Oil (singapore) Corporation Ltd · SGX:G92
China Aviation Oil (singapore) — Shareholder Meeting (April 2018)
17 slides from China Aviation Oil (singapore)'s shareholder meeting presentation, Apr 25, 2018
Slide 1: AGM – FY2017 Results Presentation
Title 25 April 2018 AGM – FY2017 Results Presentation
Slide 2: Cautionary note on forward-looking statements
Title Cautionary note on forward-looking statements 关于预测表述的声明 This presentation slides may contain forward-looking statements that involve risks and uncertainties. These statements reflect management’s current expectations, beliefs, hopes, intentions or strategies regarding the future and assumption
Slide 3: Mr Meng Fanqiu, Chief Executive Officer
Title Mr Meng Fanqiu Chief Executive Officer
Slide 4: Global Presence, Diversified Strength
Global Presence, Diversified Strength 全球战略，多元实力
Slide 5: FY2017 Highlights
5 FY2017 Title Highlights The Group delivered record volumes and a creditable financial performance for FY2017, notwithstanding persisting macro-economic and geopolitical risks, coupled with the rise of oil prices and a backwardation market in 2H2017. Total supply and trading volumes for middle
Slide 6: FY2017 Highlights
6 FY2017 Title Highlights Share of Profits from associates increased 7.8% to US$71.5 million (FY2016:US$66.4 million) due mainly to: Share of profits from SPIA rose 5.8% to US$64.2 million in FY2017 (FY2016: US$60.6 million), primarily due to higher refuelling volumes, resulting in higher operat
Slide 7: Strong Revenue Growth
7 Strong Title Revenue Growth Revenue rose 39.0% to US$16.3 billion in FY2017 on the back of higher oil prices and record supply and trading volumes, Revenue US$’ millions underpinned by sustained growth momentum of the Group’s diversified transportation fuels 18,000 portfolio. 16,267.6 16,000 J
Slide 8: Globalisation & Diversification Drive Record Supply & Trading Volumes
8 Globalisation & Diversification Drive Record Title Supply & Trading Volumes Total supply and trading volume reached new high of 37.3 million tonnes for FY2017, supported by: Total Supply & Trading Volume healthy growth in core jet fuel supply and trading business, backed by improved 37.3 opera
Slide 9: Core Jet Fuel Business Remains Resilient
9 Core Title Jet Fuel Business Remains Resilient Core jet fuel supply and trading volume increased 7.8% year-on-year to 16.1 million tonnes compared to 15.0 million tonnes in FY2016, driven by : Revenue - Middle Distillates US$’ millions Global air traffic hit record 4.1 billion passengers in 16
Slide 10: Core Jet Fuel Business Remains Resilient
10 Core Title Jet Fuel Business Remains Resilient Aviation Marketing segment continued to extend geographic footprint across North America, Europe and Supply Volumes to Airlines Asia Pacific regions, lifted by: o healthy global air travel demand hitting a record of 4.1 billion air passengers in 20
Slide 11: Strong Performance from Other Oil Products
11 Title Performance from Other Oil Products Strong Supply and trading volumes of other oil products jumped 25.2% to 17.5 million tonnes in FY2017, reflecting underlying growth momentum in: Revenue - Other Oil Products US$’ millions diversified transportation fuels portfolio in 7,000 global dema
Slide 12: CAO's International Revenue Base
12 CAO’s Title International Revenue Base FY2010 FY2017 Other Regions Australia Other Regions Singapore Malaysia 8.9% 1.0% 6% 9% 2.9% Europe 3.9% South Korea 5% Middle East China 6.1% 47.4% US$5.5 US$16.3 billion billion Singapore 13.6% China 80% Hong Kong SAR 8.0% USA 5.5% South Korea 2.7%
Slide 13: Sustained Growth Performance
13 Title Sustained Growth Performance Gross Profit declined 12.1% to US$38.7 million due to lower gains from trading and optimisation Gross Profit Net Profit activities as oil markets slipped into US$’ millions backwardation in 2H 2017, further exacerbated by higher supply and operational cost acr
Slide 14: Sustainable Income Streams from Associate
14 Sustainable Title Income Streams from Associate Strategic oil-related investments yield healthy recurring incomes: Share of Results from Associates US$’ millions Share of profits from SPIA increased 5.8% to US$64.2 million for FY2017, mainly 80 attributable to higher operating profit as a 71.
Slide 15: CAO: Strengthened Corporate Repute and Impact
15 Title Strengthened Corporate Repute and Impact CAO: Winner of SIAS Investors’ Choice “Singapore Corporate Governance” (Energy category) award, 2017 Ranked 24th in 2017 ASEAN Corporate Governance Scorecard among 100 biggest companies listed on SGX which assesses improvements in a wide-range of
Slide 16: Outlook & Priorities
16 Outlook Title & Priorities Significant volatility with intensified geopolitical uncertainties to remain, leading to significant volatility in oil trading environment as global oil demand and supply undergoes re-balancing. Nonetheless, CAO remains focused on transportation fuels and will continu
Slide 17: Vision
Vision Title To be a constantly innovating global top-tier integrated transportation fuels provider CAO is a constituent stock of the MSCI Singapore Small Cap Index, FTSE ST China Index and FTSE ST Small Cap Index since June 2017
China Aviation Oil (Singapore) — Shareholder Meeting (April 2018) on 6ix