Westports Holdings Bhd. · MYX:WPRTS
Westports Holdings Bhd — Q1 2016 Earnings Presentation
12 slides from Westports Holdings Bhd's earnings presentation, Apr 28, 2016
Slide 1: Westports Holdings Berhad 1st Quarter 2016 Financial Report
Strictly Private & Confidential Westports Holdings Berhad 1st Quarter 2016 Financial Report 28th April 2016
Slide 2: Results
Strictly Private & Confidential Results 2 2014 2015 %Chg 1Q15 1Q16 %Chg On Quarterly Performance Container million TEUs 8.37 9.05 8% 2.26 2.41 7% Transhipment +9% and constituted 74.9% of total volume. Gateway -1% Conventional million MT 10.35 10.23 -1% 2.56 2.57 0% Cement volume +15% Revenue RM mil
Slide 3: Container – Transhipment & Gateway Throughput
Strictly Private & Confidential Container – Transhipment & Gateway Throughput 3 1Q16 volume +7% to 2.41m TEUs, volume handled is an all-time quarterly record 74.9% of total TEUs is transhipment as it grew by +9% while gateway volume -1% Total Container Throughput (million TEUs) 9.05 8.37 7.47 2.
Slide 4: Container – Throughput By Trade Lane
Strictly Private & Confidential Container – Throughput By Trade Lane 4 1Q16 volume at Intra-Asia +4% to 1.13m TEUs and constituted 47% of total volume handled Growth at Asia-Europe moderated while Asia-America continued to post very strong growth Container Throughput By Trade Lanes Others Asia-A
Slide 5: Conventional – Throughput Volume
Strictly Private & Confidential Conventional – Throughput Volume 5 1Q16 conventional tonnage increased marginally to 2.57m tonnes while RORO volume -6% Cement remained as the fastest growing product +15% while dry bulk +10% to 1.15m tonnes Total Conventional Throughput (million tonnes) Year Year
Slide 6: Revenue
Strictly Private & Confidential Revenue 6 1Q16 container revenue +15% with higher container volume handled and tariff revision Marine revenue improved with higher number of vessels and bigger vessels being berthed Segmental Revenue (RM million) Year Year-To-Date 2013 2014 2015 1Q15 1Q16 % Contai
Slide 7: Cost Of Sales
Strictly Private & Confidential Cost Of Sales 7 1Q16 container’s marketing costs increased with tariff revision. Fuel cost continued to ease Depreciation +5% only as 1st 300-metre CT8 wharf would commence operations by mid-2016 Cost Of Sales Breakdown (RM million) Year Year-To-Date 2013 2014 201
Slide 8: Profitability Margins
Strictly Private & Confidential Profitability Margins 8 1Q16 EBITDA, PBT and PAT margins calculation excluded non-recurrent investment gain of RM20m to reflect underlying operational improvements Profitability Margins* (%) And Profit After Tax (RM million) 55.9% 56.7% 55.6% 54.7% 54.2% 56.5% 55.1%
Slide 9: CT8 Expansion
Strictly Private & Confidential CT8 Expansion 9 CT8 Expansion Plan Current Construction Work At CT8 Facilities • 600 metres of wharf and container yard • Back-of-the-Terminal facilities • 2nd container gate • Marshaling centre • Container freight station • 14 units of ship-to-shore quay cranes • 15
Slide 10: Debt-To-Equity Ratio
Strictly Private & Confidential Debt-To-Equity Ratio 10 Sukuk Musharakah Medium Term Note (SMTN) Net Debt-To-Equity Ratio • 20 year Sukuk Musharakah Medium Term Note program obtained on 20 April 2011 Tenure • Valid unless it has been redeemed, cancelled or repurchased by WMSB Nominal Value RM2,000 m
Slide 11: Dividend And Outlook
Strictly Private & Confidential Dividend And Outlook 11 Dividend Distribution Track Record Outlook 2016 Dividend Financial Payment Ex-Date Per Share (RM) Year Date 2nd Interim 5.78 sen 2H 2015 17 Feb 2016 02 Mar 2016 Dividend 1st Interim 5.32 sen 1H 2015 13 Aug 2015 26 Aug 2015 Dividend 2nd Interim
Slide 12: Thank You
Strictly Private & Confidential Thank You For further information on this presentation kit, please kindly contact: Westports Holdings Berhad http://westportsholdings.com/ http://westportsmalaysia.com/ Chang Kong Meng Email: chang@westports.com.my Contact: +6 03 3169 4047 Mobile No: +6 012 5123 813 T
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