Westports Holdings Bhd. · MYX:WPRTS
Westports Holdings Bhd — 4Q 2015 Earnings Presentation
12 slides from Westports Holdings Bhd's earnings presentation, Feb 3, 2016
Slide 1: Westports Holdings Berhad 4th Quarter Financial Report
Strictly Private & Confidential Westports Holdings Berhad 4th Quarter Financial Report 3rd February 2016
Slide 2: Results
Strictly Private & Confidential Results 2 4Q14 4Q15 %Chg 2014 2015 %Chg On YTD Performance Container million TEUs 2.19 2.34 7% 8.37 9.05 8% Transhipment +11% and constituted 72.5% of total volume. Gateway +1% Conventional million MT 2.51 2.50 0% 10.35 10.23 -1% Cement volume +13% Revenue RM million
Slide 3: Container – Transhipment & Gateway Throughput
Strictly Private & Confidential Container – Transhipment & Gateway Throughput 3 4Q15 container throughput +7%. Transhipment+12% whereas gateway -6% 2015 +8% to record-high of 9.05m TEUs. Transhipment is 72% of total TEUs, up from 71% Total Container Throughput (million TEUs) +8% 9.05 8.37 8.37 7
Slide 4: Container – Throughput By Trade Lane
Strictly Private & Confidential Container – Throughput By Trade Lane 4 Asia-Europe is a quarter of total volume with strong growth of +17% to 2.29m TEUs Asia-America posted strongest growth and raised total composition to 6% from 3% in 2014 Container Throughput By Trade Lanes Others Asia-America
Slide 5: Conventional – Throughput Volume
Strictly Private & Confidential Conventional – Throughput Volume 5 4Q15 dry bulk +17% after lower shipment quantity in 3Q15 2015 cement +13% with ongoing completion of infrastructure-related and property projects Total Conventional Throughput (million tonnes) Year Quarter Year-To-Date 2012 2013
Slide 6: Revenue
Strictly Private & Confidential Revenue 6 4Q15 container revenue +9% with higher container volume and tariff revision from Nov2015 2015 conventional revenue +5% despite -1% volume. Improvement at cement, dry and break bulk Segmental Revenue (RM million) Year Quarter Year-To-Date 2012 2013 2014 4
Slide 7: Cost Of Sales
Strictly Private & Confidential Cost Of Sales 7 4Q15 fuel cost continued to decline. Container’s marketing costs increased with tariff revision 2015 fuel cost -26%, now constitute 10% of operational cost, down from 2014 level of 14% Cost Of Sales Breakdown (RM million) Year Quarter Year-To-Date
Slide 8: Profitability Margins
Strictly Private & Confidential Profitability Margins 8 GP improved with lower fuel cost. EBITDA 4Q14 boosted by normalisation amount of RM11.6m PBT with higher container volume and lower fuel cost. Marginally lower PAT due to tax provision Profitability Margins* (%) And Profit After Tax (RM mil
Slide 9: Debt-To-Equity Ratio
Strictly Private & Confidential Debt-To-Equity Ratio 9 Sukuk Musharakah Medium Term Note (SMTN) Net Debt-To-Equity Ratio • 20 year Sukuk Musharakah Medium Term Note program obtained on 20 April 2011 Tenure • Valid unless it has been redeemed, cancelled or repurchased by WMSB Nominal Value RM2,000 mi
Slide 10: CT8 Expansion
Strictly Private & Confidential CT8 Expansion 10 CT8 Expansion Plan Current Construction Work At CT8 Facilities • 600 metres of wharf and container yard • Back-of-the-Terminal facilities • 2nd container gate • Marshaling centre • Container freight station • 14 units of ship-to-shore quay cranes • 15
Slide 11: Dividend And Outlook
Strictly Private & Confidential Dividend And Outlook 11 Dividend Distribution Track Record Outlook 2016 Dividend Financial Payment Ex-Date Per Share (RM) Year Date 2nd Interim 5.78 sen 2H 2015 17 Feb 2016 02 Mar 2016 Dividend 1st Interim 5.32 sen 1H 2015 13 Aug 2015 26 Aug 2015 Dividend 2nd Interim
Slide 12: Thank You
Strictly Private & Confidential Thank You For further information on this presentation kit, please kindly contact: Westports Holdings Berhad http://westportsholdings.com/ http://westportsmalaysia.com/ Chang Kong Meng Email: chang@westports.com.my Contact: +6 03 3169 4047 Mobile No: +6 012 5123 813 T
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