CJ Century Logistics Holdings Bhd. · MYX:CJCEN
CJ Century Logistics Holdings Bhd — 2QFY2022 Earnings Presentation
16 slides from CJ Century Logistics Holdings Bhd's earnings presentation, Sep 2, 2022
Slide 1: CJ Century Logistics Holdings Berhad 2QFY2022 Investors' Presentation
CJ CENTURY LOGISTICS HOLDINGS BERHAD 2QFY2022 Investors’ Presentation 2 September 2022
Slide 2: Legal Disclaimer
LEGAL DISCLAIMER ❑ The information in this presentation is not an offer for sale of the securities of CJ Century Logistics Holdings Berhad (“The Company”). ❑ All statements other than statement of historical facts included in this presentation are forward-looking statements, and subject to change wi
Slide 3: CJ Century at a Glance – Facts & Figures
CJ CENTURY AT GLANCE – FACTS & FIGURES A Leading Total Logistics One of the Largest Homegrown OEM Freight Forwarding Services Provider Warehouse Operators in Assembler for TV and Air- Management >50 years of leadership in the Malaysia con IFLN Member with planning industry Total storage capacity: Ex
Slide 4: 2QFY22 Key Financial Highlights (Continuing Operations)
2QFY22 KEY FINANCIAL HIGHLIGHTS (CONTINUING OPERATIONS) • Key financial highlights for Continuing Operations • Marked increase in revenue with a jump in overall performance * as at 30 June 2022 Revenue: Profit Before Tax: Profit After Tax and MI: RM252.939 million RM10.315 million RM7.190 million 9.
Slide 5: Revenue Growth (Continuing Operations)
REVENUE GROWTH (CONTINUING OPERATIONS) (RM' Million) CAGR = 23.4% 42.9% • On track to achieving record revenue in FY22 32.2% 27.7% Record High • Growth underpinned by strength in 18.6% Integrated Logistics segment -1.9% 9.9% 9.4% 843.0 589.8 461.9 294.6 389.5 231.1 451.0 252.9 495.7 FY2017 FY2018 FY
Slide 6: Operating Profit Growth (Continuing Operations)
OPERATING PROFIT GROWTH (CONTINUING OPERATIONS) (RM' Million) • Operating profit increased 46.8% CAGR = 12.3% 201.7% y-o-y • Operating profit margin expanded 9.8% 33.3% y-o-y 2.8% -20.8% -21.2% 5.6% 4.9% 3.9% 4.2% 46.8% 35.2% 17.2 38.1 21.4 22.0 34.7 27.6 12.3 18.8 9.1 FY2017 FY2018 FY2019 FY2020 FY
Slide 7: Segmental Revenue – Overview
SEGMENTAL REVENUE – OVERVIEW • Integrated Logistics remained the main revenue contributor at 68.8% of the Group’s Total Revenue in 2QFY2022. 69.5% 27.7% 68.8% 26.9% Total Revenue: Total Revenue: 3.6% RM231.130 million 3.5% RM252.939 million 2QFY2021 2QFY2022 Integrated Logistics Oil Logistics Procur
Slide 8: Segmental Revenue – Integrated Logistics
SEGMENTAL REVENUE – INTEGRATED LOGISTICS • Freight forwarding segment remained the main revenue contributor at 58.2% of the Group’s Integrated Logistics Revenue in 2QFY2022. 8.3% 6.3% 9.6% 57.9% 9.1% 58.2% Integrated Logistics Integrated Logistics Revenue: Revenue: RM160.541 million RM174.058 millio
Slide 9: Business Overview: Integrated Logistics
BUSINESS OVERVIEW: INTEGRATED LOGISTICS (RM' Million) 4.3% 5.0% 2.7% 2.6% Qtr YoY • Revenue grew by 8.5% mainly due to higher export volumes recorded by the freight forwarding operations as customers’ volumes increased following the easing of the pandemic containment 359.3 measures globally. 400.0 3
Slide 10: Business Overview: Oil Logistics
BUSINESS OVERVIEW: OIL LOGISTICS (RM' Million) 19.0% Qtr YoY 21.7% 15.3% 20.3% • Revenue witnessed a marginal increase of 6.0%. However, operating profit declined by 12.5% due to the lower throughput handled resulting from high global oil 22.8 prices during 1HFY22. 21.2 1H YoY • Overall 1H revenue r
Slide 11: Business Overview: Procurement Logistics
BUSINESS OVERVIEW: PROCUREMENT LOGISTICS 5.1% 5.0% Qtr YoY 4.8% • Revenue increased by 12.5% and 5.0% correspondingly registered a 9.4% increase operating profit accordingly as components supply disruption eased towards the later part of 2QFY22. 119.2 115.3 1H YoY • Revenue for 1HFY22 witnessed a ma
Slide 12: Internal Growth Strategies
INTERNAL GROWTH STRATEGIES Digitalisation & Modernisation ▪ Accelerate deployment of digitalisation and development of technology- enabled logistics solutions for : ❑ Operations optimisation; and ❑ Reducing reliance on manual labour ▪ Annual Target to reduce non-salary operating costs by 3% to 5% p.
Slide 13: Industry Outlook: Earnings Drivers
INDUSTRY OUTLOOK: EARNINGS DRIVERS Increased Global Trade Flows • Trade volume growth to be underpinned by: ▪ free-trade agreements; Regional Comprehensive Economic Partnership (RCEP) ▪ Malaysia projected GDP growth grow of 5.3% -6.3% for CY2022. Continual Supply Chain Disruption in the near term •
Slide 14: Making Good Progress to a Sustainable Future
MAKING GOOD PROGRESS TO A SUSTAINABLE FUTURE PRIORITY PILLARS 1H2022 ACHIEVEMENT ALIGNMENT OF UNSDGs • New Haulage Management System Continued Value Creation • Upgraded multi-factor authentication for enhanced data protection Responsible • Internal Say NO to Plastics and Recycling campaigns Environm
Slide 15: Investment Merits
INVESTMENT MERITS ONE OF THE SUSTAINED EARNINGS UNDEMANDING PIONEERING GROWTH MOVING VALUATION LOGISTICS PROVIDERS FORWARD • >50 years of leadership in the • Disposal of loss-making courier • Trading at a 32% discount to book industry. services division to stem future value with current earnings gro
Slide 16: Thank You
THANK YOU FOR INDULGING US Investor Relations & Public Relations Incentive Program in collaboration with For more information, please contact: Edwin Yeap edwin@cjcentury.com Eoo Chew Jen chewjen.eoo@cjcentury.com Ashley Chew ashley@esente.com.my Shern Wei shernwei@esente.com.my www.cjcentury.com
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