Westports Holdings Bhd. · MYX:WPRTS
Westports Holdings Bhd — Q2 2024 Earnings Presentation
8 slides from Westports Holdings Bhd's earnings presentation, 2024
Slide 1: Results Conference Call 2nd Quarter 2024 Financial Results
400-metre LOA vessel berthing at Westports container terminal Results Conference Call 2nd Quarter 2024 Financial Results
Slide 2: Throughput Volume
Throughput Volume 2 Container m TEU 2Q24 2Q23 % YoY % Split 1Q24 % QoQ YTDJun24 YTDJun23 % YoY % Split Transhipment 1.53 1.58 -3% 56.3% 1.48 4% 3.01 3.09 -3% 55.8% Gateway / OD 1.19 1.12 7% 43.7% 1.20 0% 2.39 2.15 11% 44.2% Total TEUs^ 2.73 2.70 1% 100% 2.67 2% 5.40 5.24 3% 100% Intra-Asia 1.77 1.75
Slide 3: Revenue
Revenue 3 Throughput 2Q24 2Q23 % YoY % Split 1Q24 % QoQ YTDJun24 YTDJun23 % YoY % Split Container m TEU 2.73 2.70 1% 100% 2.67 2% 5.40 5.24 3% 100% Conventional m MT 2.92 2.53 16% - 2.76 6% 5.68 5.42 5% - Revenue RM million 2Q24 2Q23 % YoY % Split 1Q24 % QoQ YTDJun24 YTDJun23 % YoY % Split Container
Slide 4: Cost Of Sales
Cost Of Sales 4 Throughput 2Q24 2Q23 % YoY % Split 1Q24 % QoQ YTDJun24 YTDJun23 % YoY % Split Container m TEU 2.73 2.70 1% 100% 2.67 2% 5.40 5.24 3% 100% Conventional m MT 2.92 2.53 16% - 2.76 6% 5.68 5.42 5% - Cost RM million 2Q24 2Q23 % YoY % Split 1Q24 % QoQ YTDJun24 YTDJun23 % YoY % Split Op. Wo
Slide 5: Profitability & Margins
Profitability & Margins 5 Profitability RM million 2Q24 2Q23 % YoY 1Q24 % QoQ YTDJun24 YTDJun23 % YoY 2Q24 Quarterly % YoY Gross Profit 337 312 8% 324 4% 661 606 9% Other Income -77% Administrative Exp -21% Other Expenses +12% EBITDA 342 324 6% 336 2% 678 633 7% EBITDA % 61.9% 62.2% 62.0% 62.0% 61.8
Slide 6: Cash Flows & Total Borrowings
Cash Flows & Total Borrowings 6 Cash Flows YTD YTD Sukuk ▪ 20 year Sukuk Musharakah Medium Term Sukuk ▪ Perpetual tenure RM million 2Q24 2Q23 Jun24 Jun23 Musharakah Note program obtained on 20 April 2011 Wakalah ▪ Lodgement date on 7 March 2024 and Medium ▪ Valid unless it has been redeemed, Medium
Slide 7: Dividend & Outlook
Dividend & Outlook 7 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 8.89 sen 1H 2024 12 Aug 2024 21 Aug 2024 operating
Slide 8: 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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