Westports Holdings Bhd. · MYX:WPRTS
Westports Holdings Bhd — Q1 2021 Earnings Presentation
9 slides from Westports Holdings Bhd's earnings presentation, Apr 28, 2021
Slide 1: Westports Holdings Berhad 1st Quarter 2021 Financial Report
Westports Holdings Berhad 1st Quarter 2021 Financial Report 28th April 2021
Slide 2: Revenue
Revenue 2 ▪ 1Q21 Container revenue improved +9% whilst container volume +5%, mainly due to higher VAS. Conventional revenue increased with higher break bulk imports and higher RORO units handled ▪ Marine Revenue with less calls but average container moves handled per call increased. IC12 for LBT5 an
Slide 3: Cost
Cost 3 ▪ 1Q21 Manpower cost with higher headcount and annual increments. Fuel cost due to higher MOPS price and fuel consumption. ▪ M&R cost with cycle of preventive maintenance for Quay Cranes and also RTG cranes. Depreciation charges capitalised 12 RTGC and Yard Zone Z Cost Of Sales Breakdown (RM
Slide 4: Overall Results & Profitability Margins
Overall Results & Profitability Margins 4 1Q21 1Q20 %Chg 4Q20 % QoQ YTDDec20 YTDDec19 %Chg On YTD Performance Gateway +3%. Transhipment +7%. Container m TEUs 2.66 2.52 5% 2.77 -4% 10.50 10.86 -3% TS/restow empties +14% as they are reallocated mostly to Far East. Total empties at 25%, up from 24%. Co
Slide 5: Cash Flows & Total Borrowings
Cash Flows & Total Borrowings 5 Consolidated Cash Flows Sukuk Musharakah Medium Term Note (SMTN) RM million 1Q21 1Q20 YTDDec20 YTDDec19 • 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 ▪ 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 study ▪ UKAS ▪ Ministry of Transport
Slide 7: Throughput Volume
Throughput Volume 7 ▪ 1Q21 Transhipment growth resumed as yard utilization eased from congestion levels in the latter part of 4Q20. While gateway volume growth of +3% was mainly contributed by export laden and import laden ▪ Asia-America and Asia-Australia growth with consumption and hygienic needs.
Slide 8: Dividend & Outlook
Dividend & Outlook 8 Dividend Distribution Track Record Outlook 2021 Dividend Financial Payment Ex-Date source : Google.com Per Share (RM) Year Date 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 2nd Interim Div 6.26 sen 2H 2019 20 F
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
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