Penguin International Limited · SGX:BTM
Penguin International — Shareholder Meeting (April 2019)
23 slides from Penguin International's shareholder meeting presentation, Apr 25, 2019
Slide 1: Slide 1
Slide 2: Annual General Meeting
Annual General Meeting 25 April 2019
Slide 3: Forward-looking statements disclaimer
This presentation may contain forward-looking statements which are subject to risks and uncertainties that could cause actual results to differ materially from such statements. Such risks and uncertainties include industry and economic conditions, competition, and legal, governmental and regulatory
Slide 4: Presentation Outline
Presentation Outline 2018 Financial Highlights 2018 Business Highlights 2019 Business Outlook
Slide 5: Penguin's Circle of Life
Penguin’s Circle of Life Designer Builder Operator Owner
Slide 6: Our Business Model
Our Business Model PENGUIN GROUP Ship Repairs & Shipbuilding Chartering Maintenance (Singapore & Batam) (Singapore & rest of Southeast Asia) Third Third Crewboats Ferries & Others Internal Internal Party Party (15) (10) Build-to- Build-for- Time Bareboat order stock Charters Charters
Slide 7: Our Vessel Sales
Our Vessel Sales Vessels Built for Sale Built for Charter Classified as: Classified as: Plant, Property and Equipment Work In Progress / Inventory (Motor Launches) Sold (Non-Principal Activity: Sold (under Principal Activity) Opportunistic) P&L B/S P&L B/S Revenue - Trade Receivables / Other Operati
Slide 8: 2018 Financial Highlights
2018 Financial Highlights FY2017 FY2018 Variance $'000 $'000 % (restated)1 Total Revenue 107,268 79,761 34.5 Shipbuilding 81,525 56,559 44.1 Ship repairs and maintenance 1,015 2,160 (53.0) Chartering 24,728 21,042 17.5 Net Profit attributable to 13,583 2,279 496.0 Shareholders 1 Restated due to adop
Slide 9: 2018 Financial Highlights: Segment Revenue
2018 Financial Highlights Segment Revenue ($’000) 90,000 80,000 70,000 60,000 50,000 40,000 30,000 20,000 10,000 - FY2018 FY2017 Shipbuilding 81,525 56,559 Chartering 24,728 21,042 Ship repairs & maintenance 1,015 2,160
Slide 10: 2018 Financial Highlights: Key Balance Sheet
2018 Financial Highlights As at Key Balance Sheet Highlights As at 31 Dec 2017 Variance ($’Million) 31 Dec 2018 % (restated)1 Cash and bank balances 42.6 39.1 9.0 Current Liabilities 50.6 32.0 58.1 Total Equity 152.2 140.9 8.0 Net cash and bank balances1 41.5 35.7 16.2 1 Restated due to adoption of
Slide 11: Recap of 2018 Business Outlook
Recap of 2018 Business Outlook Designer • New designs. Enhanced features. • Design partnerships Builder • Raising and setting standards • Expanding product range • Tapping new markets Owner & Operator • Improving utilisation and charter rates • Renewing fleet • Tapping new markets
Slide 12: Business Highlights: Designer & Builder
2018 Business Highlights: Designer & Builder Delivered 1 SCDF fire fighting search-and-rescue vessel FiFi-1 • 30-knot CBR-enabled fire boat
Slide 13: Business Highlights: Designer & Builder
2018 Business Highlights: Designer & Builder Launched the second SCDF fire fighting search-and- rescue vessel FiFi-1 • 35-knot fire boat
Slide 14: Business Highlights: Designer & Builder
2018 Business Highlights: Designer & Builder Progressed the construction of patrol boats for Australia Next-generation 19m multi-role patrol boats (7 units)
Slide 15: Business Highlights: Designer & Builder
2018 Business Highlights: Designer & Builder Windfarm support vessel for Taiwan 26m Crew Transfer Vessel
Slide 16: Business Highlights: Designer & Builder
2018 Business Highlights: Designer & Builder Windfarm support vessel for Taiwan 35m Service Accommodation and Transfer Vessel
Slide 17: Business Highlights: Designer & Builder
2018 Business Highlights: Designer & Builder Flex Fighter security boats. 7 delivered. 40m security boat with armoured wheelhouse, gun mounts and standard crewboat features.
Slide 18: Business Highlights: Designer & Builder
2018 Business Highlights: Designer & Builder Flex Ferry X passenger ferry 33m, 285-pax HSC Code Catamaran Passenger Ferry
Slide 19: Business Highlights: Designer-Builder-Owner-Operator
2018 Business Highlights: Designer-Builder-Owner-Operator Flex-42X Executive Fast Crew Boat Active Interceptors • 80 Biz Class Seats • FiFi ½ • Electronic Fuel Management System
Slide 20: Our Flex Heroes
Our Flex Heroes Penguin’s Flex crewboats performing search-and-rescue operations at sea: Pelican Gallant Pelican Calm (Flex-36) (Flex-42X) Fire fighting and rescued fishermen Rescued fishermen from from a fishing boat in Malaysia sea in Malaysia
Slide 21: 2019 Business Outlook
2019 Business Outlook Designer • New designs. Enhanced features. • Design partnerships Builder • Raising and setting standards • Expanding product range • Tapping new markets Owner & Operator • Improving utilisation and charter rates • Renewing fleet • Tapping new markets
Slide 22: Penguin's Circle of Life
Penguin’s Circle of Life Designer Builder Operator Owner
Slide 23: Someday, everything will make perfect sense.
Someday, everything will make perfect sense.
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