Westports Holdings Bhd. · MYX:WPRTS
Westports Holdings Bhd — Q2 2021 Earnings Presentation
9 slides from Westports Holdings Bhd's earnings presentation, Jul 30, 2021
Slide 1: Westports Holdings Berhad 2nd Quarter 2021 Financial Report
Westports Holdings Berhad 2nd Quarter 2021 Financial Report 30th July 2021
Slide 2: Revenue
Revenue 2 ▪ 2Q21 Op. revenue shows sizable growth due to 2Q20’s low-base. Container revenue +21% mainly due to higher THC and VAS, as container volume +16%. Conventional revenue increased with higher volume across most key segments ▪ YTDJun21 Marine revenue reflects lesser calls but average containe
Slide 3: Cost
Cost 3 ▪ 2Q21 Fuel cost up mainly due to higher MOPS price, partly higher fuel consumption. Manpower cost reflected higher op. headcount ▪ YTDJun21 M&R cost with cycle of preventive maintenance for Quay Cranes and RTG cranes. Depreciation charges with capitalisation of 12 RTG Cranes and the complete
Slide 4: Overall Results & Profitability Margins
Overall Results & Profitability Margins 4 2Q21 2Q20 %Chg 1Q21 % QoQ YTDJun21 YTDJun20 %Chg On YTD Performance Gateway +9%. Transhipment +11%. Container m TEUs 2.65 2.28 16% 2.66 0% 5.30 4.80 11% FCL growth outpaced empties as the latter are mostly fully deployed. 2Q20 low-base, growth in all key Con
Slide 5: Cash Flows & Total Borrowings
Cash Flows & Total Borrowings 5 Consolidated Cash Flows Sukuk Musharakah Medium Term Note (SMTN) RM million 2Q21 2Q20 YTDJun21 YTDJun20 • 20 year Sukuk Musharakah Medium Term Note program obtained on 20 April 2011 Operating Profit Before Tenure • Valid unless it has been redeemed, cancelled Working
Slide 6: Westports Expansion
Westports Expansion 6 Expansion check-list source : sismaps.jpbdselangor.gov.my source : maphill.com of Google Map ▪ Approval-in-Principle ▪ Purchase of PKNS land ▪ 8 detailed studies ▪ Finalised port layout design ▪ S&P to acquire Marina Land^ ▪ Initial and detailed EIA reports ▪ Concession terms w
Slide 7: Throughput Volume
Throughput Volume 7 ▪ 2Q21 Both transhipment and gateway +16% from 2Q20’s low-base. Container yard utilization remained high due to the recent lockdown. Conventional volume recorded growth across all key segments ▪ YTDJun21 Asia-America consumption-led and hygienic-need growth continued. Intra-Asia
Slide 8: Dividend & Outlook
Dividend & Outlook 8 Dividend Distribution Track Record Outlook 2021 Dividend Financial Payment Ex-Date Per Share (RM) Year Date 1st Interim Div 8.50 sen 1H 2021 17 Aug 2021 26 Aug 2021 2nd Interim Div 6.47 sen 2H 2020 18 Feb 2021 01 Mar 2021 1st Interim Div 5.05 sen 1H 2020 11 Aug 2020 21 Aug 2020
Slide 9: Thank You
Thank You Westports Holdings Berhad http://www.westportsholdings.com/ 2020 Annual Report https://www.westportsholdings.com/wp-content/uploads/files/WESTPORTS_ANNUAL_REPORT_2020.pdf 2020 Sustainability Report https://www.westportsholdings.com/wp-content/uploads/files/WestportsHldgs_SustainabilityRepo
Westports Holdings Berhad — Q2 2021 Earnings Presentation on 6ix