Hutchison Port Holdings Trust · SGX:NS8U

Hutchison Port Holdings Trust — Q1 2017 Earnings Presentation

19 slides from Hutchison Port Holdings Trust's earnings presentation, Apr 24, 2017

  1. Slide 1: Hutchison Port Holdings Trust: 2017 Financial Results Presentation

    Hutchison Port Holdings Trust Your Preferred Port-of-Call 2017 Financial Results Presentation for the Quarter Ended 31 March 2017

  2. 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 quarter ended 31 March 2017 in the SGXNET announcement. This presentation may contain forward-looking statements that involve risks and

  3. Slide 3: Table of Contents

    Table of Contents 1 Key Highlights 2 Outlook and Prospects 3 Business Review for the Quarter Ended 31 March 2017 4 Key Financial Performance 2 HPH TRUST / RESULTS PRESENTATION 24 April, 2017

  4. Slide 4: Key Highlights

    1 Key Highlights 3 HPH TRUST / RESULTS PRESENTATION 24 April, 2017

  5. Slide 5: Key Highlights

    Key Highlights • YTD March 2017 throughput of HPH Trust’s deep-water ports was 2% above last year. YICT’s throughput was 1% below last year. Combined throughput of HIT, COSCO-HIT and ACT (collectively “HPHT Kwai Tsing”) increased 3% yoy • Although outbound cargoes to US and EU grew in the first quar

  6. Slide 6: Outlook and Prospects

    2 Outlook and Prospects 5 HPH TRUST / RESULTS PRESENTATION 24 April, 2017

  7. Slide 7: Outlook and Prospects Overview

    Outlook and Prospects Overview • Outbound cargoes to the US continued to grow in the first quarter of 2017 driven by the moderate expansion in economic activity in the US with the support of strong employment data. However, there remains a high level of uncertainty over the domestic and global ramif

  8. Slide 8: Outlook and Prospects (cont’d) Overview

    Outlook and Prospects (cont’d) Overview • Due to adverse market conditions, including overcapacity and low freight rates in 2016, shipping lines will continue to deploy mega-vessels, reform their carrier alliances and expand the coverage of vessel-sharing schemes in 2017 to achieve economies of scal

  9. Slide 9: Business Review for the Quarter Ended 31 March 2017

    3 Business Review for the Quarter Ended 31 March 2017 8 HPH TRUST / RESULTS PRESENTATION 24 April, 2017

  10. Slide 10: Key Business Update: Throughput Volume

    Key Business Update Throughput Volume (TEU in thousand) 30,000 YICT and HICT HIT, COSCO-HIT and ACT +6% yoy -1% yoy 25,000 +5% yoy -1% yoy -6% yoy +4% yoy +17% yoy 20,000 11,673 12,166 10,667 10,796 10,264 11,698 10,134 15,000 10,000 +2% yoy 11,657 12,282 12,003 12,565 11,761 11,040 10,810 5,000 2,6

  11. Slide 11: Key Financial Performance

    4 Key Financial Performance 10 HPH TRUST / RESULTS PRESENTATION 24 April, 2017

  12. Slide 12: Key Financial Performance: Revenue and other income

    Key Financial Performance Revenue and other income For the quarter ended 31 March 2017 (HK$’Million) Segment Information -6% yoy 3,000 2,752 2,578 2017 2016 2,500 2,000 39% 41% 59% 1,500 61% 1,000 500 0 Hong Kong Mainland China 2017 2016 11 HPH TRUST / RESULTS PRESENTATION 24 April, 2017

  13. Slide 13: Key Financial Performance: Total Capex

    Key Financial Performance Total Capex For the quarter ended 31 March 2017 (HK$’Million) 500 400 300 -43% yoy 475 200 270 100 0 2017 2016 12 HPH TRUST / RESULTS PRESENTATION 24 April, 2017

  14. Slide 14: Key Financial Performance: Financial Position

    Key Financial Performance Financial Position At 31 March 2017 HK$'Million Short Term Debt $8,144.5 Long Term Debt $25,496.6 Total Consolidated Debt $33,641.1 Total Consolidated Cash $6,533.0 13 HPH TRUST / RESULTS PRESENTATION 24 April, 2017

  15. Slide 15: Financial Results for the Quarter Ended 31 March 2017 against Last Year

    Financial Results of HPH Trust for the Quarter Ended 31 March 2017 against Last Year 1 January to 31 March 2017 Restated 2017 2016 % variance % variance (HK$'Million) Actual Actual Fav/(Unfav) Fav/(Unfav) (N1) Revenue and other income 2,578.0 2,751.8 (6%) (2%) Cost of services rendered (918.5) (1,04

  16. Slide 16: Statements of Financial Position as at 31 March 2017 and 31 December 2016

    Statements of Financial Position as at 31 March 2017 and 31 December 2016 31 March 31 December (HK$'Million) 2017 2016 Unaudited Audited ASSETS Non-current assets Fixed assets 24,805.9 25,026.5 Projects under development 1,796.0 1,846.9 Leasehold land and land use rights 40,616.0 40,925.1 Railway us

  17. Slide 17: Statements of Financial Position (cont’d)

    Statements of Financial Position as at 31 March 2017 and 31 December 2016 (cont’d) 31 March 31 December (HK$’Million) 2017 2016 Unaudited Audited Current liabilities Trade and other payables 7,121.1 7,648.3 Bank and other debts 8,125.2 4,242.2 Current tax liabilities 324.6 259.1 Total current liabil

  18. Slide 18: Statements of Cash Flows for the Quarter Ended 31 March 2017

    Statements of Cash Flows for the Quarter Ended 31 March 2017 and 31 March 2016 1 January to 1 January to (HK$’Million) 31 March 2017 31 March 2016 Operating activities Cash generated from operations 1,513.1 1,663.3 Interest and other finance costs paid (178.4) (154.1) Tax paid (129.5) (273.3) Net ca

  19. Slide 19: The World’s Leading Port Network

    THE WORLD’S LEADING PORT NETWORK

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