Westports Holdings Bhd. · MYX:WPRTS
Westports Holdings Bhd — Q4 2021 Earnings Presentation
9 slides from Westports Holdings Bhd's earnings presentation, Jan 27, 2022
Slide 1: Westports Holdings Berhad 4th Quarter 2021 Financial Report
Westports Holdings Berhad 4th Quarter 2021 Financial Report 27th January 2022
Slide 2: Revenue
Revenue 2 ▪ 4Q21 Container revenue +5% despite throughput -11% mainly due to higher VAS and marginally with incremental increase in revenue per TEU. Conventional revenue increased with higher break bulk-ingot volume and RORO units after movement restriction ended in 3Q ▪ YTDDec21 Marine revenue refl
Slide 3: Cost
Cost 3 ▪ 4Q21 Fuel cost up with much higher MOPS price while fuel consumption eased. Lower M&R cost in-line with throughput’s direction ▪ YTDDec21 Growth rate of manpower cost stabilized after previous quarters increase. Operational headcount +12%. The depreciation charges increased with capitalisat
Slide 4: Overall Results & Profitability Margins
Overall Results & Profitability Margins 4 4Q21 4Q20 %Chg 3Q21 % QoQ YTDDec21 YTDDec20 %Chg On YTD Performance Gateway -3%, cumulative effects of Container m TEUs 2.47 2.77 -11% 2.63 -6% 10.40 10.50 -1% lockdowns. Transhipment 0% due to high yard utilisation that hampered peak terminal productivity.
Slide 5: Cash Flows & Total Borrowings
Cash Flows & Total Borrowings 5 Consolidated Cash Flows Sukuk Musharakah Medium Term Note (SMTN) RM million 4Q21 4Q20 YTDDec21 YTDDec20 • 20 year Sukuk Musharakah Medium Term Note program obtained on 20 April 2011 Operating Profit Before Tenure • Valid unless it has been redeemed, cancelled Working
Slide 6: Westports Expansion
Westports Expansion 6 Expansion check-list ▪ Approval-in-Principle ▪ Purchase of PKNS land ▪ 8 detailed studies ▪ Finalised port layout design ▪ S&P to acquire Marina Land1 ▪ Initial and detailed EIA reports ▪ Concession terms with PKA ▪ EIA approval on detailed study ▪ Approved land conversion for
Slide 7: Throughput Volume
Throughput Volume 7 ▪ 4Q21 Volume affected by high yard utilization and supply chain challenges. Dec21, 2-week productivity affected by surrounding floods ▪ YTDDec21 Asia-America consumption-led growth continued. Intra-Asia volume reflected some of the regional supply chain disruptions and port cong
Slide 8: Dividend & Outlook
Dividend & Outlook 8 Dividend Distribution Track Record Outlook 2022 Dividend Financial Payment Ex-Date Per Share (RM) Year Date 2nd Interim Div 9.28 sen 2H 2021 15 Feb 2022 24 Feb 2022 1st Interim Div 8.50 sen 1H 2021 17 Aug 2021 26 Aug 2021 2nd Interim Div 6.47 sen 2H 2020 18 Feb 2021 01 Mar 2021
Slide 9: Thank You
Thank You Westports Holdings Berhad http://www.westportsholdings.com/ 2020 Annual Report https://www.westportsholdings.com/wp-content/uploads/files/WESTPORTS_ANNUAL_REPORT_2020.pdf 2020 Sustainability Report https://www.westportsholdings.com/wp-content/uploads/files/WestportsHldgs_SustainabilityRepo
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