Suria Capital Holdings Bhd. · MYX:SURIA
Suria Capital Holdings Bhd — Q3 2020 Earnings Presentation
20 slides from Suria Capital Holdings Bhd's earnings presentation, Nov 27, 2020
Slide 1: Suria Capital Holdings Berhad 3rd Quarter 2020 Financial Report
SURIA CAPITAL HOLDINGS BERHAD 3rd QUARTER 2020 FINANCIAL REPORT (UNAUDITED) 30th September 2020
Slide 2: Table of Contents
TABLE OF CONTENTS Page SURIAGROUP FINANCIAL PERFORMANCE 1-6 OVERALL RESULTS 7 CASH FLOWS AND BORROWINGS 8 SHAREHOLDERS’ COMPOSITION 9 DIVIDEND HISTORY 10 PORT PERFORMANCE 11 - 13 ACHIEVEMENTS AND OUTLOOK 2020 - 2021 14 - 15
Slide 3: SuriaGroup Quarterly Performance
1 SURIAGROUP : FINANCIAL PERFORMANCE SURIAGROUP QUARTERLY PERFORMANCE 25,000 23,126 22,029 20,419 20,914 20,198 20,000 17,721 17,516 16,510 15,683 14,403 14,884 14,810 15,000 13,431 12,859 11,927 11,209 10,938 10,538 10,086 10,000 8,588 5,754 5,000 - RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000
Slide 4: SuriaGroup Revenue YTD Comparison
2 SURIAGROUP : FINANCIAL PERFORMANCE SURIAGROUP REVENUE YTD COMPARISON RM'000 80,000 80,000 69,325 69,977 70,000 65,289 70,000 60,000 60,000 60,983 56,940 50,000 50,000 46,529 40,000 40,000 30,000 30,000 20,000 20,000 10,000 10,000 - - RM'000 RM'000 RM'000 1st Qtr 2nd Qtr 3rd Qtr Total Revenue 2019
Slide 5: SuriaGroup Quarterly Revenue Composition
3 SURIAGROUP : FINANCIAL PERFORMANCE SURIAGROUP QUARTERLY REVENUE COMPOSITION 80,000 80,000 69,325 69,977 70,632 70,000 65,289 70,000 60,983 60,000 56,940 60,000 56,956 57,956 56,495 50,000 52,830 46,529 54,574 50,000 50,818 40,000 43,782 40,000 30,000 30,000 20,000 20,000 7,718 9,452 8,741 10,000 6
Slide 6: Revenue
4 REVENUE • The Group’s total revenue for 3Q20 was higher by 31% compared to that reported in the immediate preceding quarter i.e. 2Q20 due to higher conventional cargo throughput (bulk oil, palm oil and general cargo) handled at wharves and sufferance wharves as well as improved container throughpu
Slide 7: Cost of Sales
5 SURIAGROUP : FINANCIAL PERFORMANCE COST OF SALES 60,000 60,000 50,675 50,000 47,296 46,851 47,568 47,552 50,000 39,424 40,000 36,443 40,000 41,229 38,056 35,857 35,465 36,098 30,000 34,005 33,474 30,000 20,000 20,000 10,000 7,718 8,463 8,741 10,000 5,897 5,542 3,668 3,878 3,544 4,354 3,007 1,875 1
Slide 8: Cost of Sales
6 COST OF SALES • Based on quarter-to-quarter comparison, the Group’s Cost of Sales for 3Q20 was comparable to that in 2Q20, but was lower by 13% compared to the same year-to-date of 3Q19. Based on year-on-year comparison, the decrease in port operating costs as of year-to-date 3Q20 was consistent w
Slide 9: Overall Results
7 OVERALL RESULTS RM million 3Q20 3Q19 %YoY 2Q20 %QoQ YTD-Sep20 YTD-Sep19 %YTD Total Revenue 60,983 65,289 -7% 46,529 31% 164,452 204,591 -20% Total Cost of Sales -47,552 -47,568 0% -36,443 30% -123,419 -141,715 -13% Gross Profit 13,431 17,721 -24% 10,086 33% 41,033 62,876 -35% Other Income 7,196 7,
Slide 10: Cash Flows and Borrowings
8 CASH FLOWS AND BORROWINGS • Cash of RM62.9 million, of which RM45.9 million are placed with licensed financial institutions. • Borrowing of RM18 million comprises revolving credit facility with a licensed financial institution which serves as an immediate standby facility for funding projects and
Slide 11: Shareholders' Composition
9 SHAREHOLDERS’ COMPOSITION SHAREHOLDERS' COMPOSITION AS AT 30 JUNE 2020 SHAREHOLDING > RM1.0 MILLION SHARES Others With < RM1 Million Shares, 34.68% Warisan Harta Sdn Bhd, 45.40% Institutional Investors, 12.54% High Net Worth Individual Investors, 2.05% Chief Minister, State Yayasan Sabah, 3.67% of
Slide 12: Dividend History
10 DIVIDEND HISTORY Financial Year Rate (sen) Tax Rate 2009 5.0 Tax Exempt DIVIDEND PAYOUT POLICY 2010 5.0 Tax Exempt 2011 6.0 Tax Exempt 2006 2010 2011 2012 6.15 Tax Exempt 25% of 35% of 2013 7.00 Tax Exempt Net Profit Net Profit 2014 7.00 Tax Exempt 2015 7.00 Tax Exempt 2016 7.00 Tax Exempt 2017 6
Slide 13: Port Performance
SURIAGROUP PORT PERFORMANCE MAXIMISE POTENTIALS ACCELERATE GROWTH
Slide 14: Conventional Cargo Throughput Volume
11 CONVENTIONAL CARGO THROUGHPUT VOLUME QUARTERLY CARGO THROUGHPUT MT'000 6,000 5,000 4,863 4,731 4,626 4,251 4,049 4,000 3,811 3,000 2,856 2,708 2,744 2,689 2,475 2,452 2,526 2,074 2,000 1,000 - 1st Qtr 2019 2nd Qtr 2019 3rd Qtr 2019 4th Qtr 2019 1st Qtr 2020 2nd Qtr 2020 3rd Qtr 2020 At Wharves (E
Slide 15: Conventional Cargo Throughput by Commodity
12 CONVENTIONAL CARGO THROUGHPUT VOLUME QUARTERLY CONVENTIONAL CARGO THROUGHPUT BY COMMODITY MT'000 3,500 3,171 2,990 3,019 3,000 2,842 2,611 2,500 2,355 2,103 1,980 1,999 1,955 2,000 1,815 1,863 1,898 1,797 1,693 1,771 1,755 1,621 1,514 1,559 1,500 1,086 1,000 500 339 290 278 216 121 211 159 156 13
Slide 16: Container Throughput Volume
13 CONTAINER THROUGHPUT VOLUME QUARTERLY CONTAINER THROUGHPUT BY PORT TEUs 120,000 72,893 68,371 68,127 100,000 66,590 64,006 62,658 80,000 49,760 60,000 40,000 19,404 17,081 17,950 18,404 16,563 17,112 12,854 20,000 10,873 10,475 10,861 11,352 9,073 9,809 7,815 - 1st Qtr 2019 2nd Qtr 2019 3rd Qtr 2
Slide 17: Achievements and Outlook 2020-2021
ACHIEVEMENTS AND OUTLOOK 2020-2021
Slide 18: Achievements 2020
14 ACHIEVEMENTS 2020 Port Operations and Services • The dredging works at Sandakan Port and Tawau Port were completed in the second quarter of 2020. • The installation of 80 reefer points at Sapangar Bay Container Port was completed in September 2020. The total number of reefer points have now incre
Slide 19: Outlook 2020-2021
15 OUTLOOK 2020 -2021 Port Operations and Services • Despite the uncertainties in the current economic condition which has been significantly impacted by the COVID-19 pandemic, we expect that there will be gradual and continuous improvements in conventional cargo and container throughput going throu
Slide 20: Thank You
THANK YOU For further enquiries, please contact: Noorida Baharuddin Datin Mariam Mahmun Chief Financial Officer Head, Corporate Affairs and Communications noorida@suriaplc.com.my mariam@suriaplc.com.my
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