Jtc Logistics Transportation & Stevedoring Co. K.s.c.p · KSE:JTC
Jtc Logistics Transportation & Stevedoring Co. K.s.c.p — Investor Presentation (February 2024)
20 slides from Jtc Logistics Transportation & Stevedoring Co. K.s.c.p's investor presentation, February 2024
Slide 1: Investor Presentation
KUWAIT | SAUDI | QATAR EQUIPMENT LEASING CONTRACT LOGISTICS POWER RENTAL PORTS MANAGEMENT Investor Presentation Financial year ending on December 31, 2023 WAREHOUSING 1
Slide 2: Disclaimer
Disclaimer This presentation contains “forward-looking statements” with no warranty or representation given concerning such information. All forward–looking statements attributable to the Company or persons acting on its behalf apply only as of the date of this document, and are expressly qualified
Slide 3: Contents
Contents • JTC at a Glance • Industry Updates • Operational Overview EQUIPMENT LEASING CONTRACT LOGISTICS • Financial Performance • Sustainability Vision • Outlook POWER RENTAL PORTS MANAGEMENT WAREHOUSING 3
Slide 4: JTC at a Glance
JTC at a Glance 44 years of leading as a service provider for ports management, contract logistics, warehousing, equipment leasing and power rental 4
Slide 5: JTC Today – FY 2023
JTC TODAY – FY 2023 44 years REVENUE CONTRIBUTION GEOGRAPHIC PRESENCE of operations Warehousing Saudi KD 75.7 million 3% 5% Qatar Ports 5% Total Assets Equipment Management Leasing & (Stevedoring) KD 51.6 million Power Rental 39% 42% Kuwait Total Equity Contract 90% Logistics KD 28.8 million 16% Ope
Slide 6: JTC Today – FY 2023: Diversified Business Lines
JTC TODAY – FY 2023 DIVERSIFIED BUSINESS LINES Increased sources of income and growth opportunities PORTS CONTRACT EQUIPMENT POWER WAREHOUSING MANAGEMENT LOGISTICS LEASING RENTAL • Leading operator at • Industrial • Temperature-controlled, • One of the leading • Leading provider of Shuwaikh and Shua
Slide 7: JTC at Boursa Kuwait
JTC AT BOURSA KUWAIT JTC CAPITAL MARKET CAP Ticker on Boursa Kuwait KD 15.00 million KD 53.25 million 2021 Listed on Boursa Kuwait P/E DIVIDEND YIELD Listed on BK Main Market 50 Index 8.84 6.20% based on FY 2023 EPS based on declared dividend for FY 2023 Top 50 liquid companies in the Main Market Ef
Slide 8: Industry Updates
Industry Updates Market performance providing indicators supporting JTC performance during the year 8
Slide 9: Industry Updates
Industry Updates KUWAIT - ECONOMIC OVERVIEW GCC - ECONOMIC OVERVIEW • Kuwait imports increased by 7.5% in 9M 2023, up • Value of projects awarded in Gulf countries nearly to KD 8.643 billion. doubled in 2023, reaching USD 209.8 billion compared to USD 109.7 billion in 2022. • Kuwait has highest grow
Slide 10: Operational Overview
Operational Overview Continued growth during the year 10
Slide 11: Operational Contribution to Revenue
Operational Contribution to Revenue CHANGE IN CONTRIBUTIONS SERVICE CONTRIBUTION – FY COUNTRY CONTRIBUTION – FY FY 23 FY 22 Q4’23 Q4’22 Warehousing 89.7% Contract 3% 15.5% 15.2% 14.9% 14.1% Logistics Ports Kuwait Ports Management 39.4% 35.9% 36.3% 36.5% Equipment Management 5.4% 4.9% Leasing & (Stev
Slide 12: Revenues – FY 2023 + Q4 2023
Revenues – FY 2023 + Q4 2023 PORTS MANAGEMENT EQUIPMENT LEASING + CONTRACT LOGISTICS WAREHOUSING (STEVEDORING) POWER RENTAL Q4’23: KD1.1 m Q4’23: KD2.6 m Q4’23: KD3.3 m Q4’23: KD0.24 m Q4’22: KD1.1 m Q4’22: KD2.8 m Q4’22: KD3.7 m Q4’22: KD0.16 m -2.0% -7.8% -10.7% +48.9% FY 23: KD4.5 m FY 23: KD11.4
Slide 13: Financial Performance
Financial Performance Continued growth during the year 13
Slide 14: Financial Highlights
Financial Highlights REVENUE – in KD million NET PROFIT – in KD million EPS – in fils +5.0% +37.4% +37.4% 28.8 6.0 27.4 40.1 4.4 29.2 +42.8% -7.2% 1.6 +42.8% 7.7 7.2 10.6 1.1 7.4 Q4'22 Q4'23 FY 22 FY 23 Q4'22 Q4'23 FY 22 FY 23 Q4'22 Q4'23 FY 22 FY 23 14
Slide 15: Financial Highlights
Financial Highlights INCOME STATEMENT – Q/Q Q4 2023 Q4 2022 CHANGE • Net profit increase in FY was driven by Operating Revenue 7,170,354 7,726,412 -7.2% revenue expansion and by higher margins. Operating Costs (4,745,532) (5,367,732) -11.6% Gross Profit 2,424,822 2,358,680 +2.80% • Cash position inc
Slide 16: Sustainability Vision
Sustainability Vision Contribution to our local communities 16
Slide 17: Sustainability Vision
Sustainability Vision JTC invests in social activities that bring positive impact to the society in which it operates. The company commits and complies with best practices of corporate governance, in addition to having strict HSE standards to ensure the safety of our employees, and supporting charit
Slide 18: Outlook
Outlook 2024 and beyond 18
Slide 19: Outlook
Outlook • Focus on expanding operations in both existing and new business lines, strengthening the company’s diversified revenue streams • Investment in the expansion of operations in present GCC markets to provide new revenue opportunities • Positive outlook for ports management, logistics, warehou
Slide 20: Financial Statements & Contacts
Financial Statements & Contacts To review the full financial statements for FY 2023: https://www.jtckw.com/investor-relations/ EQUIPMENT LEASING CONTRACT LOGISTICS For more information please contact: Investor Relations ir@jtckw.com POWER RENTAL PORTS MANAGEMENT WAREHOUSING 20