Pt Malindo Feedmill Tbk · IDX:MAIN
Pt Malindo Feedmill Tbk — FY2024 Earnings Presentation
36 slides from Pt Malindo Feedmill Tbk's earnings presentation, 2025
Slide 1: Management Presentation Full Year 2024
MANAGEMENT PRESENTATION Full Year 2024 Audited Financial Results 1
Slide 2: Malindo at a Glance
~MALINDO AT .* A GLANCE
Slide 3: Who We Are? What We Do? Why We Do It?
Who We Are? What We Do? Why We Do It? A modern food company We provide the best quality Poultry is a great source of protein originated from a fully integrated protein to people by producing consumed by most of the populations. poultry producer that brings value variety of quality poultry Our respon
Slide 4: Proven track records, always with progress, since 1997
Proven track records, always with progress, since 1997 1997 2000 2003 2006 2007 2008 Established Established Expanded to East Publicly listed Established entity in ▪ Issued Bonds PT Malindo Feedmill PT Bibit Indonesia Java by acquiring in Indonesia Stock Broiler Chicken ▪ Built Banten feedmill plant
Slide 5: Proven track records (Cont'd)
Proven track records, always with progress, since 1997 (Cont’d) 2022 2023 2024 Commenced operations of its ▪ Obtained export license from ▪ The company continues to export quality products to slaughterhouse in July 2022 Singapore Food Agency to Singapore and Japan sell frozen and processed ▪ Additio
Slide 6: Operates across Indonesia, caters nationwide market needs
Operates across Indonesia, caters nationwide market needs Legends Division Locations Feedmill Cikande, Cakung, Grobogan, Gresik, Makassar GPS Breeding Majalengka Medan, Lampung, Subang, Cikaum, Purwakarta, Wonosari, Probolinggo, Lumajang, Pontianak, PS Breeding Banjarmasin, Makassar, Pekanbaru, Pale
Slide 7: Comprises of 4 solid and stable business segments
Comprises of 4 (four) solid and stable business segments 51% 15% 31% 3% Animal Feed Chicken Breeding Broiler Chicken Processed Food ❖ Core Line of Business ❖ Produces & markets broiler & ❖ Produces & markets ❖ Produces & markets ❖ 5 feed mills across commercial layer chicken breeds chicken broilers
Slide 8: Vision, Mission & Values
Vision, Mission & Values truly represent Corporate Identity VISION MISSION To be the leading poultry company To optimize our potential to enhance in its chosen market segment the value for our shareholders and other stakeholders GOOD INTEGRITY TEAMWORK CORPORATE VALUES CUSTOMER COMMITMENT SATISFACTI
Slide 9: Experienced management team with global standards
Experienced management team with global standards Koh Bock Swi Lau Chia Nguang Tan Lai Kai Yongkie Handaya Brian M. O’Connor (Raymond Koh) President Commissioner Commissioner Independent Commissioner Independent Commissioner Independent Commissioner Year of Poultry Year of Poultry Year of Manufactur
Slide 10: Experienced management team with global standards
Experienced management team with global standards Tan Sri Lau Dato’ Seri Abdul Tuang Nguang Lau Joo Kiang Rewin Hanrahan Lau Joo Hwa Lau Joo Keat Rudy Hartono Husin Azim Bin Mohd Zabidi President Director Director Director Director Director Director Director Year of Poultry Year of Poultry Year of P
Slide 11: MAIN shares profile as a publicly listed company
MAIN shares profile as a publicly listed company Shares Information Dragon MAIN Subsidiaries Amity Public, PTE. ▪ 1997: Established in Jakarta Bibit Indonesia - 99.89% Ltd * 42,7% Parent stock DOC Chicken Farm ▪ 2006: Publicly listed in IDX 57,3% Leong Ayamsatu Primadona - 99.98% DOC and broiler chi
Slide 12: MAIN's progressive financial growth over the past years
MAIN’s progressive financial growth over the past years Well managed business with prudent financial management Our vertically integrated business model has a strong value creation to our top line and to the improvement in profitability 12
Slide 13: Why We Enter into The Business
Why We Enter into The Business 13
Slide 14: What data reveals about Indonesia
What data reveals about Indonesia: Normalized household consumption post-election, modestly widening current account deficit, continued infrastructure spending to support rural development USD/IDR Exchange Rate (2025 Forecast) 16,000 With prudent monetary policy, Indonesian Rupiah’s exchange rate ag
Slide 15: What research reveals about Poultry in Indonesia
What research reveals about Poultry in Indonesia: Most preferred source of protein and most available & affordable ones Significance Availability Affordability Prospects Poultry is a major source of Most of region in Indonesia Meat other than Poultry, Indonesia is expected to play animal protein for
Slide 16: Poultry on downstream side: Positive prospects
Poultry on downstream side: Positive prospects with rising markets along the years 550.2 566.7 534.1 488.8 503.5 518.6 460.7 474.6 447.3 Source: Indonesia Frozen Food Market Size and Forecast by Type; https://www.hexaresearch.com New target market: 68 million youths in Those conditions create demand
Slide 17: How we see our markets
How we see our markets … INDONESIA FEED PRODUCTION CAPACITY SHARE INDONESIA DOC PRODUCTION CAPACITY SHARE OTHERS OTHERS 20% CP NEW HOPE 19% CP CJ 35% 3% 38% 7% MALINDO 6% MALINDO 8% CJ NEW HOPE 9% 10% JAPFA JAPFA 20% 25% We are among the top 5 integrated players and well-positioned in the market sup
Slide 18: Why are we in poultry business?
Why are we in poultry business? INDONESIA IS A LAND OF OPPORTUNITIES Attractive market due to its potential in consumptions, huge markets for poultry, good 01 for business, even after pandemic INDONESIA’S POULTRY WILL HAVE A GROWING ROLE Poultry is a major source of animal protein for almost 90% of
Slide 19: Our Business Model
Our Business Model Delivering Strategy into Actions 19
Slide 20: We drive our business through a vertically integrated business model
We drive our business through a vertically integrated business model UPSTREAM Core business in the Company’s value chain Animal Feed Production - Top revenue contributors Animal Feed Production - Top 3 players in animal feed industry share - Large scale feedmills with progressive capacity - Best fee
Slide 21: Our Business Strategy compels best in executions
Our Business Strategy compels best in executions Business Value Creation Good Cost Management High Quality Products Best-in-Class Process • Well Managed Product Cost • Good Cost of Quality • Best Poultry Feed • Process Excellence Well Managed • Well Maintained Indirect Cost • Best Farm Practice • Hi
Slide 22: Our business processes adhere to best practice models
Our business processes adhere to best practice models Animal Feed Business Process Breeding Farm Business Process High High Quality Quality Processed Fried Food Chicken 22
Slide 23: Operating Performance
Operating Performance Effective Strategy with Efficient & Prudent Execution 23
Slide 24: Revenue Contribution
Improved bottom-line due to strong feed prices and cost efficiency Continue to maintain margins through tight cost control mechanism and low net gearing (IDR billion) Profit & Loss Dec 2024 Dec 2023 Change FY 2024 vs. 2023 Increased top line and bottom line with Profit and Loss Net Sales 12,502.8 12
Slide 25: Full Year 2024 Profitability Performance
Full Year 2024 Profitability Performance - Profit & Loss Statements Q-o-Q Comparative Figures - Revenues Net Profit IDR bn 14.000 IDR bn 600 12.058 12.503 13.000 488 12.000 500 11.000 10.000 400 IDR Billion 9.000 IDR Billion 8.000 7.000 300 6.000 5.000 200 4.000 2.954 3.058 129 3.000 100 67 63 2.000
Slide 26: Full Year 2024 Financial Positions
Full Year 2024 Financial Positions - Y-o-Y Comparative Figures - Total Assets Net Gearing Ratio Total Assets 0,90 0,86 x 6.000 5.517 5.380 0,80 5.000 0,70 0,60 4.000 IDR Billion 0,50 3.000 0,40 0,32 2.000 0,30 1.000 0,20 0,10 - - Dec 23 Dec 24 Dec 23 Dec 24 Capex Total Interest-Bearing Debt IDR bn C
Slide 27: Sunny Chick - New Evolution
Sunny Chick - New Evolution Completing the Poultry Value Chain 27
Slide 28: Continue to generate value by product innovation
Continue to generate value by product innovation Keep innovating and develop new products as a way to differentiate our products from competitors, will lead to increased market share, revenue and customer satisfaction. PICTURES: - STORE KEMITRAAN HEGARMUKTI - STORE DUTAMAS - STORE KEMITRAAN MARUNDA
Slide 29: Continue to generate value by product innovation (cont'd)
Continue to generate value by product innovation (cont’d) Keep innovating and develop new products as a way to differentiate our products from competitors, will lead to increased market share, revenue and customer satisfaction. FOOD TRUCK – EVENT SCBD, KONSER IN SENTUL, ICE BSD, GAIKINDO JAKARTA AUT
Slide 30: There is no love sincerer than the love of food
There is no love sincerer than the love of food Sunny’Chick is committed in bringing the highest quality food to its customers at affordable prices
Slide 31: Export of Food Products to Singapore in October & December 2024
Export of Food Products to Singapore in October & December 2024 1.AESTHETICS
Slide 32: Innovation
INNOVATION PT Malindo Food Delight (MFD) launched an innovative solar panel system in December 2024, marking a significant step toward sustainability and energy efficiency.
Slide 33: Our commitment towards digitalization
Our commitment towards digitalization . Malindo is committed to provide its stakeholders with latest update on the company activities through its official Instagram account where they could obtain information on various activities the company is engaged in. To visit the site you could look up for @m
Slide 34: Partnership with third-party e-commerce apps
Partnership with third-party e-commerce apps The company is in close collaboration with Grab Food, one of the largest ride-hailing app providers in Indonesia, and Shopee Food to further extending its customer reach “Grab’s share of Indonesia’s ride-hailing app 65%” “Grab Food leads the food delivery
Slide 35: Partnership with third party ride-hailing app – continued
Partnership with third party ride-hailing app – continued Its downstream processed food division also works closely with Grab, Shopee, Gomart and Blibli to promote its SunnyGold products to greater public. Shopee GoMart Blibli GrabMart 35
Slide 36: Thank you
PT Malindo Feedmill Tbk www.malindofeedmill.com Jl. RS Fatmawati No. 15 Komplek Golden Plaza Blok G No. 17 – 22 Jakarta Selatan, 12420 Sunny Gold Thank you Phone: +62-21 766 1727 @sunnygoldid Fax: +62-21 766 1728 mail: ir@malindofeedmill.co.id @sunnygoldid 36