Westports Holdings Bhd. · MYX:WPRTS
Westports Holdings Bhd — Q3 2020 Earnings Presentation
9 slides from Westports Holdings Bhd's earnings presentation, Nov 26, 2020
Slide 1: Westports Holdings Berhad 3rd Quarter 2020 Financial Report
Westports Holdings Berhad 3rd Quarter 2020 Financial Report 26th November 2020
Slide 2: Revenue
Revenue 2 ▪ 3Q20 Container revenue reflected throughput rebound from 2Q20. Improved revenue per TEU with stronger growth in container VAS. Conventional revenue increased with higher volume of bunker and palm oil-related products ▪ YTDSep20 Marine revenue reflected 3% decline in vessel calls. IC12 fo
Slide 3: Cost
Cost 3 ▪ 3Q20 Manpower cost normalised and the current quarter’s increase is due to headcount and annual increments. Fuel cost eased even with higher fuel consumption due to lower cost per litre. Electricity reflected 3-month cost after eliminating the arrears in 2Q20 ▪ YTDSep20. Increase depreciati
Slide 4: Overall Results & Profitability Margins
Overall Results & Profitability Margins 4 3Q20 3Q19 %Chg 2Q20 % QoQ YTDSep20 YTDSep19 %Chg On YTD Performance Gateway +5%. Transhipment -8%. Container m TEUs 2.93 2.77 6% 2.28 29% 7.73 8.04 -4% Export MT +22% while TS MT +11%. Total empties at 25%, up from 21%. Higher conventional throughput Convent
Slide 5: Cash Flows & Total Borrowings
Cash Flows & Total Borrowings 5 Consolidated Cash Flows Sukuk Musharakah Medium Term Note (SMTN) RM million 3Q20 3Q19 YTDSep20 YTDSep19 • 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 Check-list ▪ Approval-in-Principle ▪ Purchase of PKNS land ▪ 8 detailed studies ▪ Topography & Bathymetric ▪ Soil Investigation Works ▪ Hydraulic Studies ▪ Port Master Planning ▪ Preliminary EIA ▪ Social Impact Assessment ▪ Traffic Impact Assessment ▪ Land Value Assessment ▪ Fi
Slide 7: Throughput Volume
Throughput Volume 7 ▪ 3Q20 Rebound from 2Q20 Covid-19 induced slowdown. Transhipment recovery reflected some repositioning of empties while gateway growth is more broad-based with especially notable growth in paper, rubber-related and fertilizer TEUs. Empties constitute 25% of total ▪ YTDSep20 Asia-
Slide 8: Dividend & Outlook
Dividend & Outlook 8 Dividend Distribution Track Record Outlook 2020 Dividend Financial Payment Ex-Date Per Share (RM) Year Date 1st Interim Div 5.05 sen 1H 2020 11 Aug 2020 21 Aug 2020 2nd Interim Div 6.26 sen 2H 2019 20 Feb 2020 03 Mar 2020 1st Interim Div 6.74 sen 1H 2019 14 Aug 2019 23 Aug 2019
Slide 9: Thank You
Thank You Westports Holdings Berhad http://www.westportsholdings.com/ 2019 Annual Report http://westportsholdings.com/wp-content/uploads/files/Westports%20Hldgs%20Bhd%20Annual%20Report%202019.pdf 2019 Sustainability Report http://westportsholdings.com/wp-content/uploads/files/Westports%20Hldgs%20Sus
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