Westports Holdings Bhd. · MYX:WPRTS
Westports Holdings Bhd — Q2 2023 Earnings Presentation
9 slides from Westports Holdings Bhd's earnings presentation, 2023
Slide 1: Quarterly IR Update
Quarterly IR Update 2nd Quarter 2023 Financial Report
Slide 2: Revenue
Revenue 2 Throughput 2Q23 2Q22 % YoY % Split 1Q23 % QoQ YTDJun23 YTDJun22 % YoY % Split Container m TEU 2.70 2.49 8% - 2.55 6% 5.24 4.88 7% - Conventional m MT 2.53 2.80 -10% - 2.89 -13% 5.42 5.46 -1% - Revenue RM million 2Q23 2Q22 % YoY % Split 1Q23 % QoQ YTDJun23 YTDJun22 % YoY % Split Container 4
Slide 3: Cost Of Sales
Cost Of Sales 3 Throughput 2Q23 2Q22 % YoY % Split 1Q23 % QoQ YTDJun23 YTDJun22 % YoY % Split Container m TEU 2.70 2.49 8% - 2.55 6% 5.24 4.88 7% - Conventional m MT 2.53 2.80 -10% - 2.89 -13% 5.42 5.46 -1% - Cost RM million 2Q23 2Q22 % YoY % Split 1Q23 % QoQ YTDJun23 YTDJun22 % YoY % Split Op. Work
Slide 4: Profitability & Margins
Profitability & Margins 4 Profitability RM million 2Q23 2Q22 % YoY 1Q23 % QoQ YTDJun23 YTDJun22 % YoY Quarterly % YoY Gross Profit 312 285 9% 294 6% 606 599 1% Other Income >100% Administrative Exp +75% EBITDA 324 300 8% 309 5% 633 629 1% Other Expenses +3% EBITDA % 62.2% 58.8% 61.5% 61.8% 61.2% Res
Slide 5: Cash Flows & Total Borrowings
Cash Flows & Total Borrowings 5 Cash Flows Sukuk Musharakah ▪ 20 year Sukuk Musharakah Medium Term Note RM million 2Q23 2Q22 YTDJun23 YTDJun22 Medium Term Note program obtained on 20 April 2011 Tenure ▪ Valid unless it has been redeemed, cancelled or Operating Profit Before Working Capital Chg 325 3
Slide 6: Container Terminal Expansion
Container Terminal Expansion 6 ▪ Expansion check-list ▪ S&P conditions precedent @ ✓ Approval-in-Principle ✓ WHB shareholders approval ✓ The purchase of PKNS land ✓ No objection from the EPU ✓ 8 detailed technical studies ✓ Approved land conversion for ‘Marina Land’ to industrial use ✓ Finalised por
Slide 7: Throughput Volume
Throughput Volume 7 Container m TEU 2Q23 2Q22 % YoY % Split 1Q23 % QoQ YTDJun23 YTDJun22 % YoY % Split Transhipment 1.58 1.55 2% 58.5% 1.52 4% 3.09 2.97 4% 59.0% Gateway / OD 1.12 0.94 18% 41.5% 1.03 8% 2.15 1.91 12% 41.0% Total TEUs^ 2.70 2.49 8% 100% 2.55 6% 5.24 4.88 7% 100% Intra-Asia 1.73 1.50
Slide 8: Dividend Distribution Track Record & Outlook
Dividend Distribution Track Record & Outlook 8 Dividend Distribution Dividend Per Financial Payment Semi-Annual Dividend Distribution To Shareholders Since IPO (RM million) Track Record Share (RM) Year Ex-Date Date WHB paid all dividends it received from 1st Interim Dividend 8.19 sen 1H 2023 11 Aug
Slide 9: Thank You
Thank You Westports Holdings Berhad This document contains certain forward-looking statements with respect to Westports Holdings Berhad’s (“Westports”) financial condition, results of operations and business, and management’s strategy, plans and objectives for Westports. These statements include, wi
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