Westports Holdings Bhd. · MYX:WPRTS
Westports Holdings Bhd — Q3 2021 Earnings Presentation
9 slides from Westports Holdings Bhd's earnings presentation, Oct 29, 2021
Slide 1: Westports Holdings Berhad 3rd Quarter 2021 Financial Report
Westports Holdings Berhad 3rd Quarter 2021 Financial Report 29th October 2021
Slide 2: Revenue
Revenue 2 ▪ 3Q21 Op revenue 0% compared with 3Q20’s high-base. Container revenue 0% despite throughput of -10% mainly due to higher VAS. Conventional revenue increased during 3Q21 with higher break bulk volume ▪ YTDSep21 Marine revenue reflects lesser calls but higher average container moves per shi
Slide 3: Cost
Cost 3 ▪ 3Q21 Fuel cost up mainly due to higher MOPS price as fuel consumption +1% only. Manpower cost reflected higher headcount +15% ▪ YTDSep21 M&R cost with maintenance for RTG cranes and replacement tyres for trucks. Depreciation charges with capitalisation of 12 RTG Cranes and Container Yard at
Slide 4: Overall Results & Profitability Margins
Overall Results & Profitability Margins 4 3Q21 3Q20 %Chg 2Q21 % QoQ YTDSep21 YTDSep20 %Chg On YTD Performance Gateway eased to -1% with local Container m TEUs 2.63 2.93 -10% 2.65 0% 7.93 7.73 3% mid-year lockdown. Transhipment growth partly affected by the high yard utilisation. Strong break bulk Co
Slide 5: Cash Flows & Total Borrowings
Cash Flows & Total Borrowings 5 Consolidated Cash Flows Sukuk Musharakah Medium Term Note (SMTN) RM million 3Q21 3Q20 YTDSep21 YTDSep20 • 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 source : sismaps.jpbdselangor.gov.my ▪ Approval-in-Principle ▪ Purchase of PKNS land ▪ 8 detailed studies ▪ Finalised port layout design ▪ S&P to acquire Marina Land^ ▪ Initial and detailed EIA reports ▪ Concession terms with PKA ▪ EIA approval on detailed
Slide 7: Throughput Volume
Throughput Volume 7 ▪ 3Q21 Gateway reflected domestic lockdown. Transhipment eased with high container yard utilization and broader supply chain issues ▪ YTDSep21 Asia-America consumption-led growth continued while Intra-Asia volume reflected some of the ongoing regional supply chain disruptions and
Slide 8: Dividend & Outlook
Dividend & Outlook 8 Dividend Distribution Track Record Outlook 2021 Dividend Financial Payment Ex-Date Per Share (RM) Year Date 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 1st Interim Div 5.05 sen 1H 2020 11 Aug 2020 21 Aug 2020
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
Westports Holdings Berhad — Q3 2021 Earnings Presentation on 6ix