Sembcorp Industries Ltd. · SGX:U96
Sembcorp Industries — Shareholder Meeting (April 2024)
9 slides from Sembcorp Industries's shareholder meeting presentation, Apr 23, 2024
Slide 1: 26th Annual General Meeting
26th Annual General Meeting April 23, 2024
Slide 2: FY2023 Performance Overview
FY2023 Performance Overview Wong Kim Yin Group President & CEO © Sembcorp Industries
Slide 3: FY2023 Group Financials
FY2023 Group Financials Continuing Operations FY23 vs FY22# Turnover Earnings Per Share (before EI) S$7,042 million 10% 57.1 cents (EPS: 57.2 cents) EBITDA1 Group ROE3 before EI S$1,789 million 37% 23.8% (ROE: 23.8%) Adjusted EBITDA2 S$2,053 million 32% Proposing final dividend of 8.0 cents, N
Slide 4: Gas and Related Services: Achieving Earnings Certainty
BUSINESS UPDATES Gas and Related Services: Achieving Earnings Certainty Group Portfolio1 Cashflow Certainty Enhanced with Long-term Power Purchase Agreements (PPAs) 6% 3% 35% • Average contract tenure of 12 years for Singapore’s gas portfolio 55% ▪ Micron Semiconductor: 18-year PPA to supply up to 4
Slide 5: Renewables: Accelerating Growth
BUSINESS UPDATES Renewables: Accelerating Growth Gross Renewables Capacity* (GW) China 30 30.00 • Year-on-year capacity increased by 3.0GW o Organic growth in key partnership platforms 25 25 25.00 o Acquired 100% stake in portfolios totalling 292MW India 20 20.00 • Growth through greenfield and brow
Slide 6: Integrated Urban Solutions: Building up Land Bank
BUSINESS UPDATES Integrated Urban Solutions: Building up Land Bank Land Sales (ha) Urban – Lower Commercial & Residential (C&R) Sales 248 • Increase in Indonesia and Vietnam industrial land sales 172 • However, earnings declined as contribution from C&R sales and residential units were lower year-on
Slide 7: Driving Energy Transition
Driving Energy Transition Portfolio Transformation Continues 25 MORE Achieve Gas Earnings Stability Renewables 9.91 10 Gross installed renewables • Contracted long-term power purchase 2.6 capacity, GW agreements, providing cashflow certainty to fund renewables growth 2020 End-Mar 2025 2028 2024 Targ
Slide 8: Decarbonisation Solutions: Advancing Transition Pathways
BUSINESS UPDATES Decarbonisation Solutions: Advancing Transition Pathways Renewables • Secured conditional approval from EMA for the largest import license to date to import 1.2GW of Imports low-carbon electricity from Vietnam to Singapore • Exclusive discussions to import 1GW of low-carbon electric
Slide 9: Disclaimer
Disclaimer This presentation contains certain statements that are not statements of historical fact, i.e. forward-looking statements. These forward-looking statements are based on current expectations, estimates, projections and assumptions about future events. Although Sembcorp Industries believes
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