Pt Dharma Satya Nusantara Tbk · IDX:DSNG
Pt Dharma Satya Nusantara Tbk — H1 2024 Earnings Presentation
23 slides from Pt Dharma Satya Nusantara Tbk's earnings presentation, Aug 12, 2024
Slide 1: Company Update 1H-2024
PT Dharma Satya Nusantara Tbk Company Update 1H-2024 dsn.group www.dsn.co.id
Slide 2: Disclaimer
DISCLAIMER Materials presented herein was prepared by PT Dharma Satya Nusantara Tbk. (“DSNG” or the “Company”) solely for informational purposes and discussion. By receiving this Materials, you agree to keep it confidential, not to reproduce or redistribute to any other person other than for the pur
Slide 3: DSNG's Business
DSNG’s Business Wood Product In 1983 DSNG started its wood processing business based Renewable on forest concession in Kalimantan. However, since 1991, the Company's wood product processing business was Energy shifted to Java and produces wood panels and engineered floorings; while the forest conces
Slide 4: Palm Oil Segment
Palm Oil Segment PLANTATION PROFILE Prime (‘000 ha) Nucleus Plasma Total Mature 72% 675 ton/hour FFB Planted 84,2 27,9 112,2 12 Mills CPO Mature Plantation 82,2 24,6 106,8 CPO 400 ton/day PK 89% 1 Mills PKO ±60.000 ha in one area PKO located in East Kalimantan 2.9 MW Electricity 7% Kernel 2% (± the
Slide 5: Palm Oil Segment - Plantation Profile 1H 2024
Palm Oil Segment Plantation Profile 1H 2024 2015 2016 2017 2018 2019 2020 2021 2022 2023 Average 2025 Nucleus Age 15 Years Old Mature Planted Area (>18 years) Prime Mature (8-18 years) Young Mature (4-7 years) Immature (0-3 year) Replanting
Slide 6: Palm Oil Segment – Productivity Through Technology
Palm Oil Segment – Productivity Through Technology Mechanized Harvesting Mechanized Harvesting Electronic Weight (Collecting FFB) (Transfer FFB from tractor to truck) Bridge System Mechanization of Pest Mechanized Fertilization Mechanization of Electronic Harvesting Spraying Pest Control Report Syst
Slide 7: Palm Oil Segment - Performance
Palm Oil Segment - Performance FFB Production CPO Production 2,214 2,272 640 662 1,945 544 1,045 1,046 304.3 296.5 1% -3% 2021 2022 2023 1H-24 2021 2022 2023 1H-24 Volume FY (‘000 ton) Volume 1H (‘000 ton) ASP (IDR mn/ton) CPO Sales PKO Sales 665 640 39 39 545 31 9.2 11.2 11.4 299 292 20.0 17.0 11.8
Slide 8: Wood Product Segment
Wood Product Segment PANEL ENGINEREED FLOORING ENGINEREED DOOR JOINT VENTURES Market Destination Raw Material with Produk U.K. SENGON JABON IMPORTED KAYU LOKAL OAK LAINNYA 100% Export PRODUCTION CAPACITY PRODUCTION CAPACITY 12,000 m3/months 150,000 m2/months Engineered Door Products Certification Bl
Slide 9: Wood Product Segment
Wood Product Segment SALES - PANEL SALES - FLOORING Volume FY Volume 1H ASP (USD/m 3) Volume FY Volume 1H ASP (USD/m 2) 1,137 1,117 116 109 100 486.0 739 417.0 401.0 30.0 29.6 56 44 25% -13% 355 309 27.8 413.2 363.3 30.7 29.6 (‘000 m3) (‘000 m2) 2021 2022 2023 1H-24 2021 2022 2023 1H-24
Slide 10: Wood Product Segment – Productivity through Technology
Wood Product Segment – Productivity through Technology Factory Factory chimney chimney (Sesudah) (Sebelum) Wet Scrubber Installation Electric Forklift Real Time Data Control Solar Panel Installation ✓Environmentally Friendly ✓Increasing Efficiency & Effectiveness ✓Reducing Cost
Slide 11: Renewable Energy Segment
Renewable Energy Segment Joint Venture Palm Shell Biomass 1H- 1H- % FY 2024 2023 YoY 2023 Wood Pellet Biomass Sales Volume (Ton) 62,070 18,897 228.5 40,397 ASP (USD/Ton) 121.00 107.03 13.1 113.35 DSNG utilizes solid waste from palm oil production such as shells as PT Dharma Energi Investama (DEI), a
Slide 12: Milestone DSNG
MILESTONE DSNG 1983 1997 2004 2009 2011 2013 2016 2017 2018 Start a wood First planting of First planting of First planting of Acquired 65% of PT IPO @ Jakarta Strategic investment POM 7 starts processing oil palms in East oil palms in oil palms in West TKPI (wood flooring Stock of 15% @REA Kaltim o
Slide 13: Consolidated Financial Performance
Renewable Wood Product Energy (3%) Consolidated Financial Performance (12%) Following higher revenue generation, EBITDA increased significantly by 33% YoY to IDR 1.4 trillion, given a satisfactory EBITDA margin of Revenue 29% in 1H-2024 against 24% in 1H-2023. Growth: Contribution Palm Oil +5% YoY P
Slide 14: Consolidated Balance Sheet
Consolidated Balance Sheet ASSET LIABILITY EQUITY Total Asset Current Asset Total Liability Debt 9,203 8,889 8,160 17,229 8,026 16,178 7,289 7,026 15,357 7,197 6,687 13,712 5,985 5,309 5,447 5,577 3,230 2,949 2,925 2,322 2021 2022 2023 2024 2021 2022 2023 2024 2021 2022 2023 2024
Slide 15: Various Indexes
Various Indexes TEMPO-IDN 1 August’24 – Jan’25 5 Jun’24 Financial 52 2 ISSI KOMPAS 100 11 Jul’24 Indeks Saham Syariah Indonesia 6 Jun’24 – Nov’24 3 JII70 KOMPAS 100 Jun’24 – Nov’24 Jakarta Islamic Index Score: 90.4% Score: Score: 10th 85.9% 86.4% Score: 12th 2023 7th 7 75.3% 16th 2021 2022 4 IDXSHAG
Slide 16: DSNG's Latest Awards
DSNG’s Latest Awards Corporate Emission Reduction Transparency Award 2024 On 24 May 2024, DSNG was awarded by Investor Trust and Bumi Global Karbon (GBK) as the 18th Best Corporate Emission Reduction Transparency out of 99 companies being rated, in the category of Green Elite for the emission reduct
Slide 17: DSNG Loan & Creditor Profile
DSNG Loan & Creditor Profile Conventional 74% IMPACT LOAN Loan profile SLL 18% 26% or equivalent to IDR 1.568 bn of DSNG's total debt is in Impact the form of SUSTAINABILITY LOAN Loan 8% SUSTAINABILITY LINK LOAN ST IDR 5% ST USD 6% LT USD 13% Currency LT IDR profile 76% https://bca.co.id DSNG is the
Slide 18: DSNG's Latest Sustainability Programs
DSNG’s Latest Sustainability Programs
Slide 19: DSNG Sustainability Program
DSNG SUSTAINABILITY PROGRAM Chairman Member DATUK DARREL WEBBER MICHAEL SCHULP is the former CEO of RSPO, a global multi-stakeholder initiative, is a Partner and Managing Director of Sail Ventures, the Dutch transitioning global agricultural commodities towards sustainable investment advisory boutiq
Slide 20: DSNG's Commitment to Sustainability
DSNG’s Commitment to Sustainability SEF 2024 DSNG Collaboration DSNG Built Filial School DSNG organized an international On 22 April 2024, DSNG signed a long- As one of the supports for sustainable Stakeholder Engagement Forum (SEF) in term collaboration with the Lemmanis development goals (SDGs) an
Slide 21: Operational Summary
OPERATIONAL SUMMARY Palm Oil Wood Product 1H-24 1H-23 YoY Δ% Q2-24 Q1-24 QoQ Δ% 2023 2022 2021 1H-24 1H-23 YoY Δ% Q2-24 Q1-24 QoQ Δ% 2023 2022 Planted Land ('000 ha) 112.2 112.8 (0.5) 112.2 112.7 (0.4) 112.7 112.9 112.8 Sales Volume ('000) Nucleus 84.2 84.5 (0.4) 84.2 84.8 (0.7) 84.8 84.6 84.5 Panel
Slide 22: Financial Summary
FINANCIAL SUMMARY Consolidated Segmented Profit & Loss (IDR bn) 1H-24 1H-23 YoY Δ% Q2-24 Q1-24 QoQ Δ% 2023 2022 2021 Palm Oil (IDR bn) 1H-24 1H-23 YoY Δ% Q2-24 Q1-24 QoQ Δ% 2023 2022 2021 Revenue 4,703 4,358 7.9 2,473 2,230 10.9 9,499 9,634 7,124 Revenue 4,026 3,853 4.5 2,121 1,905 11.4 8,354 8,117
Slide 23: Thank You
+ THANK YOU www.dsn.co.id
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