Bumitama Agri Ltd. · SGX:P8Z
Bumitama Agri — 9M 2021 Earnings Presentation
16 slides from Bumitama Agri's earnings presentation, December 2021
Slide 1: Bumitama Agri Quarterly Performance Nine Months of 2021
BUMITAMA AGRI Excellence through discipline Quarterly Performance Nine Months of 2021
Slide 2: Table of Contents
Table of Contents Executive Summary Performance Highlights Corporate Overview Contact Information 1
Slide 3: Executive Summary – YTD Sept 2021 Performance
Executive Summary – YTD Sept 2021 Performance Robust financial performance for the quarter and nine months in review ▪ In 3Q21, sales from CPO which accounted for 87.6% of the total, spiked 42.6% YoY to reach IDR 2,679.8 billion o Average selling price climbed 26.5% while sales volume rose 12.7% o A
Slide 4: Table of Contents
Table of Contents Executive Summary Performance Highlights Corporate Overview Contact Information 3
Slide 5: Robust FFB Harvest For 2021
Robust FFB Harvest For 2021 On track for a record-breaking year, attributable to operational excellence Total Internal External 14.6% 16.3% 10.2% Thousand tons Thousand tons Thousand tons 971 3,625 2,654 881 2,282 -1.5% 3,162 0.8% 828 834 309 304 3Q20 3Q21 9M20 9M21 3Q20 3Q21 9M20 9M21 FFB Yield OER
Slide 6: Income Statement Highlights
Income Statement Highlights Spike in quarterly profit margins is primarily attributable to higher ASP Revenue Gross Profit Net Profit* 41.0% IDR billion 39.8% 69.7% IDR billion 2,169 IDR billion 8,497 1,073 100.7% 1,539 208.4% 589 632 1,004 500 6,080 191 3Q20 3Q21 9M20 9M21 3Q20 3Q21 9M20 9M21 47.2%
Slide 7: Crude Palm Oil (CPO)
Crude Palm Oil (CPO) Pent-up spike in 3Q21 price as previous price-related constraint is almost out of the way Production Volume Productivity (9M20 vs 9M21) 14.7% Yield (ton per ha), OER (%) Thousand tons 820 22.7 22.7 715 1.6% CPO IDR 7,341 bn 86.4% 253 257 3.0 3.3 3Q20 3Q21 9M20 9M21 CPO yield OER
Slide 8: Palm Kernel (PK)
Palm Kernel (PK) YoY surge is driven by rising price and volume Production Volume Productivity (9M20 vs 9M21) PK IDR 1,156 bn 14.2% Yield (ton per ha), OER (%) Thousand tons 172 13.6% 4.8 4.7 150 2.5% 54 55 0.6 0.7 3Q20 3Q21 9M20 9M21 PK yield KER Revenue Average Selling Price Sales Volume 94.1% 20.
Slide 9: Table of Contents
Table of Contents Executive Summary Performance Highlights Corporate Overview Contact Information 8
Slide 10: Rising Fundamentals – Financial Performance
Rising Fundamentals – Financial Performance Financial growth in the past decade amidst headwinds from external factors 12,000 CAGR: 15% 4.0 MYR thousand IDR billion CAGR: 1% 10,000 3.5 8,000 3.0 6,000 2.5 4,000 2.0 CAGR: 11% 2,000 1.5 CAGR: 7% 0 1.0 1Q18 4Q20 4Q11 1Q12 2Q12 3Q12 4Q12 1Q13 2Q13 3Q13
Slide 11: Rising Fundamentals – Production Performance
Rising Fundamentals – Production Performance Rising production trend fueling our performance growth 4,000 Thousand tons CAGR: 13% 3,500 3,000 2,500 2,000 1,500 CAGR: 13% 1,000 500 0 2Q12 1Q15 2Q19 4Q11 1Q12 3Q12 4Q12 1Q13 2Q13 3Q13 4Q13 1Q14 2Q14 3Q14 4Q14 2Q15 3Q15 4Q15 1Q16 2Q16 3Q16 4Q16 1Q17 2Q1
Slide 12: Rising Fundamentals – Productivity
Rising Fundamentals – Productivity Excellence through discipline is the reason behind our productivity resilience 25 6 5 20 4 15 Ton per ha Ton per ha 3 10 2 5 1 0 0 4Q11 1Q12 2Q12 3Q12 4Q12 1Q13 2Q13 3Q13 4Q13 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 4Q15 1Q16 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18
Slide 13: Total Planted Area per September 2021
Total Planted Area per 30 September 2021 Favorable age profile to support future growth Planted area of about 188k hectares, consisting of nucleus estates of 133k hectares, and plasma estates of 55khectares; average age of 11.6 years old. Old & Matured 96.4% Immature 3.6% 12
Slide 14: Table of Contents
Table of Contents Executive Summary Performance Update Corporate Highlights Contact Information 13
Slide 15: Contact Information
Contact Information If you need further information, please contact: CHRISTINA LIM MICHAEL KESUMA LIM SIAN CHOO clim@bumitama-agri.com mkesuma@bumitama-agri.com lim.sian.choo@bumitama-agri.com Bumitama Agri Ltd. 10 Anson Road #11-19 International Plaza QR code BAL’s Singapore 079903 website: Tel: +6
Slide 16: Thank You / Important Notice
THANK YOU Important Notice This presentation has been prepared by Bumitama Agri Ltd. (“Bumitama” or the “Company”) for informational purposes only. It is not to be constructed as investment or financial advice and does not constitute an offer or an invitation to invest in the Company. This presentat