PT Acset Indonusa Tbk · IDX:ACST
PT Acset Indonusa Tbk — Q1 2018 Earnings Presentation
33 slides from PT Acset Indonusa Tbk's earnings presentation, Jun 8, 2018
Slide 1: Performance Update Q1 2018
PT Acset Indonusa Tbk Performance Update Q1 2018 Integrated Construction Company
Slide 2: Disclaimer
Disclaimer The material in this presentation has been prepared by PT Acset Indonusa Tbk (ACSET) and is general background information about ACSET activities current as at the date of this presentation and are subject to change without prior notice. This information is given in summary form and does
Slide 3: Contents
Contents Company Profile Business Profile & Operations Business Strategy Financial Highlights & Updates Performance Update Q1 2018 3
Slide 4: Company Profile
Company Profile Performance Update Q1 2018 4
Slide 5: Overview
Overview Indonesia’s Leading Integrated Construction Company PT Acset Indonusa Tbk (“ACSET”) is an integrated construction company, providing technical and construction services in foundation, building, civil engineering, infrastructure and ground engineering specialist works. ACSET is one of the fe
Slide 6: Major Milestones
Major Milestones 1995 Established as PT Acset Indonusa as foundation specialist 2001 Develop first competence in structure works in 2008 Surabaya Develop competences in civil works (Tanjung Jati B Unit 3&4 Power Plant Project) 2006 Develop competences in complex high-rise structure (Pacific Place Pr
Slide 7: Part of Indonesia's Largest Business Group
Part of Indonesia’s Largest Business Group Manufacture & Distribution, (Market Share 54% for cars and 75% for motorcycles) Construction Machinery Market Leader Banking, general and life insurance, (35% market shares) leasing company Mining Contracting Market Leader (49% market shares) CPO producer,
Slide 8: Shareholding Structure
Shareholding Structure 100.0% Acset Indonusa Co., Ltd. (Vietnam), Est. 2008 General Contractor Services 100.0% 84.0% Innotech Systems, Est. 2011 Formwork Services Karya Supra Perkasa Mechanical, Electrical & 60.0% Bintai Kindenko Engineering Indonesia, Est. 2012 Plumbing (MEP) Contractor 50.1% 92.3%
Slide 9: On-Going Projects
On-Going Projects Bakauheni-Sidomulyo Toll Road, Lampung The Stature, Jakarta Jepara Coal-Fired Power Plant, Tanjung Jati (Bored Pile) Millenium Centennial Grand Mansion, Jalan Borobudur, Center, Jakarta Jakarta LRT Cawang – Dukuh Atas West Vista, Jakarta Indonesia 1 Tower Jakarta-Cikampek II Elevat
Slide 10: Management
Management ACSET is managed by a dedicated professional, experienced team. BOARD OF COMMISSIONERS BOARD OF DIRECTORS JEFFREY GUNADI GIDION HASAN YOHANES EKA CHANDRAWIJAYA President PRAYUDA Commissioner President Director Director TAN TIAM SENG IWAN RONNIE ELLYJAWATI HADIANTORO Director Commissioner
Slide 11: Organizational Structure
Organizational Structure Board of Commissioners Executive Committee Audit Committee Nomination & Remuneration Board of Directors Corporate Secretary & Committee Legal Internal Audit Corporate Planning & Strategy HC & Operation Commercial Operation I Operation II Finance Director Director Director Su
Slide 12: Business Profile & Operations
Business Profile & Operations Performance Update Q1 2018 12
Slide 13: Areas of Expertise
Areas of Expertise Demolition Foundation General Building Infrastructure Marine Works Works Works Works Works M A I •Geotechnical Civil N Controlled- Works engineering •Bored Pilling & High rise and •Underwater E demolition with related works x Diaphragm Wall complex foundation P minimal impact • Wa
Slide 14: Demolition Works
Demolition Works CIMB Niaga & Sequis Office Building, Jakarta Performance Update Q1 2018 14
Slide 15: Bored Piling & Diaphragm Wall
Bored Piling & Diaphragm Wall Thamrin Nine Project Indonesia 1 Project Performance Update Q1 2018 15
Slide 16: General Building Works
General Building Works Residence 8 Project Centennial Tower Project Performance Update Q1 2018 16
Slide 17: Infrastructure Works
Infrastructure Works Construction of Toll Gate, Cilegon Barat Construction of Additional Transaction Line, Balaraja Timur Kertosono – Mojokerto Toll Road Jakarta-Cikampek II Elevated Toll-Road Performance Update Q1 2018 17
Slide 18: Infrastructure Works (2)
Infrastructure Works (2) Tanjung Jati Power Plant Unit 3 & 4 JORR II Toll-Road: Kunciran-Serpong Toll Road Tanjung Jati Power Plant Unit 3 & 4 Performance Update Q1 2018 18
Slide 19: Marine Works
Marine Works Approach Bridge Suramadu Approach Bridge Suramadu Approach Bridge Suramadu Performance Update Q1 2018 19
Slide 20: Slipforming & Formwork System
Slipforming & Formwork System Silo of PT Semen Indonesia Tuban IV Silo of Bosowa Mataram Performance Update Q1 2018 20
Slide 21: Current Project Portfolio: Foundation Projects
Current Project Portfolio: Foundation Projects 18 1. Indonesia 1, Jakarta 19. Approach bridge of Suramadu 2. Millenium Centennial Tower, Bridge, East Java Jakarta 20. Plaza Ambarukmo, Yogyakarta 3. Taman Anggrek Residences, 21. Soil Improvement Work (Central 21 19 Jakarta Java Project), Batang 20 4.
Slide 22: Current Project Portfolio: Structural Projects
Current Project Portfolio: Structural Projects 1. Indonesia 1, Jakarta 15. BG Junction Supermall Pakuwon, 17 2. Millenium Centennial Tower, Surabaya Jakarta 16. Supermall PTC Pakuwon Indah, 14 3. Thamrin Nine, Jakarta Surabaya 18 15 19 16 4. District 8 Mixed-Use and 17. Sun Plaza, Medan 20 21 Langha
Slide 23: Current Project Portfolio: Civil & Infrastructure
Current Project Portfolio: Civil & Infrastructure 4 3 18 6 17 12 1 16 2 13 11 20 19 15 5 9 14 10 8 7 1. Tanjung Priok Access Road (phase II), Jakarta 12. Construction of toll gate and transaction line, Balaraja 2. Blending silo of PT Semen Gresik Rembang, Central Java Timur and Cilegon Barat, Banten
Slide 24: Current Project Portfolio: Demolition Projects
Current Project Portfolio: Demolition Projects 1. CIMB Niaga & Sequis Office Building, Jakarta 1 2. International Financial Center Tower II Car Park, 2 Jakarta Performance Update Q1 2018 24
Slide 25: Current Project Portfolio: MEP Projects
Current Project Portfolio: MEP Projects 4 3 1. Mixed–Use Development Indonesia 1, Jakarta 2. Jakarta MRT Project – 4 stations (Bundaran Senayan, Istora Senayan, Bendungan Hilir and 1 Setiabudi) 2 3. Hotel Harris & Yello, Jakarta 4. Bintan Residence Performance Update Q1 2018 25
Slide 26: Financial Highlights
Financial Highlights Performance Update Q1 2018 26
Slide 27: Annual Revenue by Sector, 2013-Q1'2018
Annual Revenue by Sector, 2013-Q1’2018 2013-Q1’2018 (in % breakdown) (3%) (3%) (4%) 1% (7%) 1% (2%) (2%) (19%) (37%) (47%) (33%) (63%) (72%) 98% (76%) (63%) (62%) (53%) (9%) (7%) (24%) (14%) 2013 2014 2015 2016 2017 Q1 2017 Q1 2018 Construction Sector Foundation Sector Infrastructure Others Performa
Slide 28: Net Income, 2013-Q1'2018
Net Income, 2013-Q1’2018 Net Income, 2013-Q1’2018 (in IDR billion) 180 160 154 140 Net income (IDR billion) 120 100 105 99 80 60 68 40 42 39 20 31 0 2013 2014 2015 2016 2017 Q1 2017 Q1 2018 Performance Update Q1 2018 28
Slide 29: Financial Highlights, 2013–Q1'2018
Financial Highlights, 2013–Q1’2018 In IDR million 2013 2014 2015 2016 2017 Q1’2017 Q1’2018 Net revenue 1,014,502 1,350,908 1,356,868 1,794,002 3,026,989 506,221 733,726 Gross profit 207,686 248,939 224,374 279,639 465,900 78,244 145,110 Gross profit margin 20.5% 18.4% 16.5% 15.6% 15.4% 15.4% 19.8% O
Slide 30: Business Strategy & Updates
Business Strategy & Updates Performance Update Q1 2018 31
Slide 31: Our Strong Foundation
Our Strong Foundation Our competitive advantages set us apart from our competitors. Integrated •The only construction company in Indonesia capable of undertaking works from deepest foundation and basement to high-rise structures (integrated) Experience •More than 22 years of experience Competitive •
Slide 32: Business Strategy
Business Strategy Put forward safety and Intensification in quality principles as infrastructure sector, differentiation e.g. toll roads, factors of the seaports, airports, Company and power plants Strengthen competences and Diversify in soil- value chain, building improvement and strategic alliance
Slide 33: Building Trust and Partnership
Building Trust and Partnership PT Acset Indonusa Tbk. ACSET Building—Jalan Majapahit no. 26 Petojo Selatan, Jakarta Pusat 10160 Indonesia www.acset.co ACSET is a publicly listed company in the Indonesia Stock Exchange (IDX: ACST). Performance Update Q1 2018 34