Westports Holdings Bhd. · MYX:WPRTS
Westports Holdings Bhd — Q1 2024 Earnings Presentation
8 slides from Westports Holdings Bhd's earnings presentation, April 2024
Slide 1: Results Conference Call: 1st Quarter 2024 Financial Results
Results Conference Call 1st Quarter 2024 Financial Results
Slide 2: Revenue
Revenue 2 Throughput 1Q24 1Q23 % YoY % Split 4Q23 % QoQ 2023 2022 % YoY % Split Container m TEU 2.67 2.55 5% 100% 2.87 -7% 10.88 10.05 8% 100% Conventional m MT 2.76 2.89 -4% - 3.45 -20% 11.60 12.12 -4% - Revenue RM million 1Q24 1Q23 % YoY % Split 4Q23 % QoQ 2023 2022 % YoY % Split Container 470 435
Slide 3: Cost Of Sales
Cost Of Sales 3 Throughput 1Q24 1Q23 % YoY % Split 4Q23 % QoQ 2023 2022 % YoY % Split Container m TEU 2.67 2.55 5% 100% 2.87 -7% 10.88 10.05 8% 100% Conventional m MT 2.76 2.89 -4% - 3.45 -20% 11.60 12.12 -4% - Cost RM million 1Q24 1Q23 % YoY % Split 4Q23 % QoQ 2023 2022 % YoY % Split Op. Workforce
Slide 4: Profitability & Margins
Profitability & Margins 4 Profitability RM million 1Q24 1Q23 % YoY 4Q23 % QoQ 2023 2022 % YoY 1Q24 Quarterly % YoY Gross Profit 324 294 10% 319 2% 1,236 1,190 4% Other Income -72% Administrative Exp +37% Other Expenses -2% EBITDA 336 309 9% 337 0% 1,296 1,215 7% EBITDA % 62.0% 61.5% 62.8% 62.1% 59.1
Slide 5: Cash Flows & Total Borrowings
Cash Flows & Total Borrowings 5 Cash Flows Sukuk ▪ 20 year Sukuk Musharakah Medium Term Sukuk ▪ Perpetual tenure RM million 1Q24 1Q23 2023 2022 Musharakah Note program obtained on 20 April 2011 Wakalah ▪ Lodgement date on 7 March 2024 and Medium ▪ Valid unless it has been redeemed, Medium announceme
Slide 6: Throughput Volume
Throughput Volume 6 Container m TEU 1Q24 1Q23 % YoY % Split 4Q23 % QoQ 2023 2022 % YoY % Split Transhipment 1.48 1.52 -3% 55.2% 1.64 -10% 6.35 6.08 4% 58.4% Gateway / OD 1.20 1.03 16% 44.8% 1.23 -2% 4.53 3.97 14% 41.6% Total TEUs^ 2.67 2.55 5% 100% 2.87 -7% 10.88 10.05 8% 100% Intra-Asia 1.81 1.62 1
Slide 7: Dividend & Outlook
Dividend & Outlook 7 Dividend Distribution Dividend Per Financial Payment Semi-Annual Dividend Distribution To Shareholders Since IPO (RM million) Track Record Share (RM) Year Ex-Date Date WHB paid all dividends it received from 2nd Interim Dividend 8.72 sen 2H 2023 20 Feb 2024 29 Feb 2024 operating
Slide 8: Thank You
Thank You Westports Holdings Berhad This document contains certain forward-looking statements with respect to Westports Holdings Berhad’s (“Westports”) financial condition, results of operations and business, and management’s strategy, plans and objectives for Westports. These statements include, wi
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