Westports Holdings Bhd. · MYX:WPRTS
Westports Holdings Bhd — Q2 2016 Earnings Presentation
12 slides from Westports Holdings Bhd's earnings presentation, Jul 28, 2016
Slide 1: Westports Holdings Berhad 2nd Quarter 2016 Financial Report
Strictly Private & Confidential Westports Holdings Berhad 2nd Quarter 2016 Financial Report 28th July 2016
Slide 2: Results
Strictly Private & Confidential Results 2 2Q15 2Q16 %Chg YTD J15 YTD J16 %Chg On YTD Performance Container million TEUs 2.16 2.50 16% 4.42 4.90 11% Transhipment +15% and constituted 74.3% of total TEUs. Gateway +1k TEUs Conventional million MT 2.50 2.90 16% 5.06 5.47 8% Liquid bulk volume +18% Reven
Slide 3: Container – Transhipment & Gateway Throughput
Strictly Private & Confidential Container – Transhipment & Gateway Throughput 3 2Q16 transhipment +22% to 1.8m TEUs (record quarterly volume) whereas gateway +1% YTD Jun16 transhipment 74.3% of total TEUs, up from 71.5% in the previous period Total Container Throughput (million TEUs) 9.05 8.37 7
Slide 4: Container – Throughput By Trade Lane
Strictly Private & Confidential Container – Throughput By Trade Lane 4 2Q16 growth resumed for Asia-Africa and Asia-Australasia – reversed from contraction in 1Q16 YTD Jun16 strong volume increase of 11% with positive growth at all trade lanes Container Throughput By Trade Lanes Others 3% Asia-A
Slide 5: Conventional – Throughput Volume
Strictly Private & Confidential Conventional – Throughput Volume 5 2Q16 liquid bulk posted significant growth of +44% with commencement of bunker operations YTD Jun16 RORO decline in-line with industry while dry and break bulk expanded moderately Total Conventional Throughput (million tonnes) Ye
Slide 6: Revenue
Strictly Private & Confidential Revenue 6 2Q16 container revenue +20% with improved volume and tariff revision YTD Jun16 non-operational construction revenue accelerated, reflecting progress at CT8 Phase 1 Segmental Revenue (RM million) Year Quarter Year-To-Date 2013 2014 2015 2Q15 2Q16 % Jun15
Slide 7: Cost Of Sales
Strictly Private & Confidential Cost Of Sales 7 2Q16 container’s marketing costs increased with tariff revision. Fuel cost declining but at lesser rate YTD Jun16 manpower cost +5% inclusive of new minimum wage structure implemented since 1Q16 Cost Of Sales Breakdown (RM million) Year Quarter Yea
Slide 8: Profitability Margins
Strictly Private & Confidential Profitability Margins 8 YTD Jun16 EBITDA and PBT margins calculation excluded non-recurrent investment gain to reflect underlying operational performance. PAT margin improvement included benefits from ITA Profitability Margins* (%) And Profit After Tax (RM million)
Slide 9: Debt-To-Equity Ratio
Strictly Private & Confidential Debt-To-Equity Ratio 9 Sukuk Musharakah Medium Term Note (SMTN) Net Debt-To-Equity Ratio • 20 year Sukuk Musharakah Medium Term Note program obtained on 20 April 2011 Tenure • Valid unless it has been redeemed, cancelled or repurchased by WMSB Nominal Value RM2,000 mi
Slide 10: CT8 Expansion
Strictly Private & Confidential CT8 Expansion 10 CT8 Expansion Plan Current Construction Work At CT8 Facilities • 600 metres of wharf and container yard • Back-of-the-Terminal facilities • 2nd container gate • Marshaling centre • Container freight station • 14 units of ship-to-shore quay cranes • 15
Slide 11: Dividend And Outlook
Strictly Private & Confidential Dividend And Outlook 11 Dividend Distribution Track Record Outlook 2016 Dividend Financial Payment Ex-Date Per Share (RM) Year Date 1st Interim 7.30 sen 1H 2016 09 Aug 2016 23 Aug 2016 Dividend 2nd Interim 5.78 sen 2H 2015 17 Feb 2016 02 Mar 2016 Dividend 1st Interim
Slide 12: Thank You
Strictly Private & Confidential Thank You For further information on this presentation kit, please kindly contact: Westports Holdings Berhad http://westportsholdings.com/ http://westportsmalaysia.com/ Chang Kong Meng Email: chang@westports.com.my Contact: +6 03 3169 4047 Mobile No: +6 012 5123 813 T
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