Bintulu Port Holdings Bhd. · MYX:BIPORT
Bintulu Port Holdings Bhd — Q2 2023 Earnings Presentation
6 slides from Bintulu Port Holdings Bhd's earnings presentation, Aug 30, 2023
Slide 1: Operational and Financial Results, 2nd Quarter ended 30th June 2023
BINTULU PORT HOLDINGS BERHAD OPERATIONAL AND FINANCIAL RESULTS 2nd Quarter ended 30th June 2023 1
Slide 2: Group's Cargo Throughput and Vessel Calls 2Q 2023 vs 2Q 2022
Group’s Cargo Throughput and Vessel Calls 2Q 2023 vs 2Q 2022 Cargo Throughput (‘000 tonnes) LNG & Non-LNG Cargoes (‘000 tonnes) Vessel Calls Total : Total : Total : 3.9% 12,200 9.3% 1,803 9.3% 1,132 12,200 67 1,736 1,132 11,068 SIPSB 11,068 1,663 SIPSB Offshore 1,446 Vessels Offshore Non-LNG Non-LNG
Slide 3: 1H 2023 cargo throughput by subsidiary and cargo type
BPHB total cargo throughput decreased by 5.6%, mostly contributed by SIPSB where less cargo handled in 1H 2023 due to most of the players overstock their inventory in Q4 2022. Total vessel calls also decreased in tandem with less cargo handled. The LNG throughput increased by 0.2% (26,281 tonnes)
Slide 4: Q2 2023 Financial Performance: Lower operating revenue recorded QoQ under review
Q2 2023 Financial Performance : Lower operating revenue recorded QoQ under review OPERATING REVENUE TOTAL EXPENDITURE EBITDA, PBT and PAT (RM MILLION) (RM MILLLION) .. (RM Million) EBITDA Finance Cost 176 194 188 PBT 169 171 39 33 161 105 17 100 100 34 9 10 37 Depreciation, PAT 10 35 Amortisation an
Slide 5: 1H 2023 Financial Performance: Lower operating revenue recorded 1H under review
1H 2023 Financial Performance : Lower operating revenue recorded 1H under review Operating Revenue TOTAL EXPENDITURE EBITDA, PBT and PAT (RM Million) (RM MILLLION) .. (RM Million) EBITDA Finance Cost PBT 331 228 392 316 364 206 71 35 PAT 81 67 Depreciation, 20 19 Amortisation and 90 116 Provision Ad
Slide 6: Current Year Prospect
BINTULU PORT HOLDINGS BERHAD Current Year Prospect The Group remains cautious on the downside risk arises from lower exports due to weaker-than-expected global growth resulting in weaker external demand. Despite this, the Group expects the handling of LNG cargo to contribute positively to the Group’
Bintulu Port Holdings Berhad — Q2 2023 Earnings Presentation on 6ix