Cosco Shipping Ports Limited · HKEX:1199
Cosco Shipping Ports — FY2016 Earnings Presentation
10 slides from Cosco Shipping Ports's earnings presentation, Mar 28, 2017
Slide 1: COSCO SHIPPING Ports FY2016 Final Results Press Conference
COSCO SHIPPING Ports FY2016 Final Results Press Conference
Slide 2: FY 2016 Results Highlights
FY 2016 Results Highlights US$ m FY2015 FY2016 YoY Revenue 550.2 556.4 +1.1% Gross profit 199.1 199.1 - GPM 36.2% 35.8% -0.4pp Admin & other operating expenses (54.6) (104.4) +91.1% Net finance expenses (32.5) (37.3) +14.9% Share of profits from JVs and associates 221.1 200.2 -9.4% PBT 333.1 257.6 -
Slide 3: Terminal Throughput by Region
Terminal Throughput by Region 1.2% 4.8% Pearl River Delta : -2.1% to 24.7m TEU 14.3% Yangtze River Delta : -3.0% to 18.5m TEU 26.0% Total throughput Bohai Rim : +4.5% to 32.6m TEU +5.1% to 95.1m TEU Overseas : +36.8% to 13.6m TEU 34.3% 19.5% Southeast coast and others : +9.8% to 4.5m TEU Southwest c
Slide 4: 2016 Awards
2016 Awards • “Gold Award in Corporate Governance, Environmental Responsibility and Investor Relations” from The Asset magazine; • “Outstanding China Enterprise Award” from Capital magazine for the fifth consecutive year; • “Best Investor Relations Company” from Corporate Governance Asia magazine fo
Slide 5: Five-Year Strategies
Five-Year Strategies • Completion of reorganisation Transformed into a pure terminal operator • Renamed to “COSCO SHIPPING Ports Limited” Reflects the Company’s strategic goals and more focused business Highlights the synergies with parent COSCO Shipping • New Vision “The Ports for ALL” Acti
Slide 6: Globalisation
Globalisation Developing a global terminals portfolio: • Actively seeking terminal assets on a global basis that offer good intrinsic value and long-term returns, so as to develop a comprehensive, well-balanced global terminals network • We prioritise control, the capability of generating higher sha
Slide 7: Synergies
Synergies Bringing into full play the synergies with parent company COSCO SHIPPING’s container fleet and the OCEAN Alliance: • Fully exploiting the dominance arising from COSCO SHIPPING ’s container fleet and seizing significant market share within the OCEAN Alliance COSCO Shipping’s container fle
Slide 8: Control
Control Strengthening control and management of the terminals business: • Increase the proportion of terminals with controlling stakes Raise COSCO SHIPPING Ports’ bargaining power in terminal operations Apply the Group’s successful experience with PCT to the entire terminals portfolio • Carry ou
Slide 9: Five-Year Goals
Five-Year Goals The Ports For ALL Actively building a global ports network, creating a win-win platform that maximises value for all parties, connecting global routes and becoming truly “the ports for all people” Globalisation Synergies Control Total assets: +50% Management M&A Equity throughput: +6
Slide 10: Q&A
Q&A 17 NN cOoOsco SHIPPING AZ Pie BO ARAA COSCO SHIPPING Ports Limited The Ports For ALL 2