Orient Overseas (International) Limited · HKEX:316
Orient Overseas (International) — FY2003 Earnings Presentation
12 slides from Orient Overseas (International)'s earnings presentation, 2004
Slide 1: Orient Overseas (International) Ltd 2003 Annual Results
Orient Overseas (International) Ltd 2003 Annual Results
Slide 2: 2003 Annual Result Highlight
Orient Overseas (International) Ltd 2003 Annual Result Highlight US$'000 2003 2002 Variance Volume (TEU) 2,687,545 2,264,882 + 18.7% Turnover 3,241,113 2,457,952 + 31.9% E.B.I.T.D.A. 498,538 207,604 + 140.1% Depreciation/Amortization 126,492 114,068 + 10.9% E.B.I.T. 372,046 93,536 + 297.8% Net finan
Slide 3: 2003 Annual Result Highlight
Orient Overseas (International) Ltd 2003 Annual Result Highlight US$’000 2003 2002 Variance Earning per share (US Cents) 65.2 10.0 55.2 Shareholders’ Funds 1,110,754 860,443 250,311 Net asset value per share (US$) 2.36 1.66 0.70 Group debt 1,098,162 895,608 202,554 Cash and portfolio investments 680
Slide 4: 2003 Annual Results
Orient Overseas (International) Ltd 2003 Annual Results • OOCL total lifting grew by 18.7% • Group turnover increased by 31.9% to US$3.24 billion • Group net profit increased by 536%, or US$277.3 million, to US$329.0 million • OOIL earnings per share of US65.2 cents compared with US10.0 cents in 200
Slide 5: 2003 Annual Results
Orient Overseas (International) Ltd 2003 Annual Results
Slide 6: 2003 Annual Results
Orient Overseas (International) Ltd 2003 Annual Results • Took delivery of two 8,063 TEU “SX” class vessels, one 4,402 TEU Ice class vessels and delivered one 2,330 TEU Ice class vessel to her new owners under a pre-existing contract of sale. • Took delivery of 4 x 2762 TEU vessels on a long term ch
Slide 7: 2003 Annual Results
Orient Overseas (International) Ltd 2003 Annual Results • Container terminals in North America were all profitable
Slide 8: 2003 Annual Results
Orient Overseas (International) Ltd 2003 Annual Results • China property development projects continue to produce profits
Slide 9: OOCL Performance by Trade 2003 vs. 2002
OOCL Performance by Trade 2003 vs. 2002 Lifting Revenue Load Factor Capacity Trade 2003 2002 Diff 2003 2002 Diff 2003 2002 Diff Change (TEU) (TEU) % $000 $000 % % % % pts (TEU) % Transpacific Trade 865,098 771,428 +12% 1,281,239 936,154 +37% Transatlantic Trade 278,200 270,404 +3% 343,518 294,125 +1
Slide 10: Outlook for 2004
Orient Overseas (International) Limited Outlook for 2004 Positive outlook for core International Transportation and Logistics businesses: - New tonnage fixed until late 2007 - Container volumes forecast to continue strong growth for at least the next 2 years - Favourable supply / demand balance ther
Slide 11: Outlook for 2004
Orient Overseas (International) Limited Outlook for 2004 • Improved performance by Terminals businesses to be maintained or bettered in 2004 • Container throughput forecast to continue strong growth into 2005 • New property development projects in Shanghai and the surrounding district under negotiat
Slide 12: Disclaimer
Disclaimer • The information provided is for reference only and is subject to change without notice. Orient Overseas (International) Limited (“OOIL”)and its affiliates make no representation and accept no responsibility as to its accuracy, completeness, timeliness and fitness for a particular purpos
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