Pt Dharma Satya Nusantara Tbk · IDX:DSNG
Pt Dharma Satya Nusantara Tbk — Corporate Update (March 2024)
25 slides from Pt Dharma Satya Nusantara Tbk's corporate update, Mar 23, 2024
Slide 1: Company Update 2024
PT DHARMA SATYA NUSANTARA, TBK COMPANY UPDATE 2024 www.dsn.co.id dsn.group
Slide 2: Disclaimer
DISCLAIMER Materials presented herein was prepared by PT Dharma Satya Nusantara Tbk. (“DSNG” or the “Company”) solely for informational purposes and discussion. By receiving this Materials, you agree to keep it confidential, not to reproduce or redistribute to any other person other than for the pur
Slide 3: DSNG - Producers of green-certified Palm Oil, Wood products, and Renewable Energy
DSNG - PT Dharma Satya Nusantara Tbk, Producers of green-certified Palm Oil, Wood products, and Renewable Energy products Wood Product Palm Oil Renewable Energy The Renewable Energy segment is the newest segment of In 1983 DSNG started its wood processing business In 1997, DSNG expanded its business
Slide 4: Palm Oil Segment Production Facilities
PRODUCTION FACILITES PALM OIL SEGMENT 675 FFB ton/hr Our Plantations located in East Kalimantan, Central Kalimantan, West Kalimantan, and North Kalimantan with a total planted area as of December 31, 2023 of 112.7K ha. 12 Mills CPO Plantation Profile CERTIFICATION 400 PK ton/day (‘000 ha) Nucleus Pl
Slide 5: Palm Oil Plantation Profile
PALM OIL PALM OIL PLANTATION PROFILE By the end of 2023, the Company's replanting program, which began in late 2022, had felled 673 ha and replanted 500 ha. The early start of the replanting program is DSNG's commitment to maintain the productivity growth of oil palm plantations in a sustainable and
Slide 6: Palm Oil Productivity Through Technology
PALM OIL PRODUCTIVITY THROUGH TECHONOLOGY In the implementation of plantation operations management, the Company implemented various technology-based initiatives in maintenance, fertilization and harvesting activities to increase productivity and reduce dependence on labor requirements. In addition,
Slide 7: Palm Oil Performance
Palm Oil PALM OIL PERFORMANCE DSNG recorded total FFB production of 2.27 million tons and CPO of 662 thousand tons in 2023, an increase of 3% compared to 2022, despite being FFB Production CPO Production affected by El-Nino drought. 2,272 662 CPO sales in 2023 of 665 thousand tons recorded an increa
Slide 8: Wood Product Segment
WOOD PRODUCT SEGMENT Wood Products is DSNG's legacy business. All the Company's wood products are certified to various international standards and exported to many countries around the world. The Company's wood supply chain comes from the domestic market sourced from Agroforestry plantations which a
Slide 9: Wood Product Performance
WOOD PRODUCT WOOD PRODUCT PERFORMANCE Sales volume of panel and flooring decreased due to low demand from the Company's export destinations, such as the United States, Canada, Europe and Japan. This was due to the prolonged high interest rate environment that adversely affected the property market a
Slide 10: Wood Product Productivity Through Technology
WOOD PRODUCT PRODUCTIVITY THROUGH TECHNOLOGY The Wood Products segment is a capital-intensive business where efficient production processes play a significant role in producing quality yet low- cost products. For this reason, since the last five years, the Company has implemented the autonomous conc
Slide 11: Renewable Energy Segment
RENEWABLE ENERGY SEGMENT In 2023, DSNG added a new business unit, Renewable Energy. This segment was born from DSNG's commitment to the concept of zero waste and circular economy. Currently, this business unit is contributed by 2 business models, which are Palm Shell Biomass and Wood Pellet Biomass.
Slide 12: Milestone DSNG
MILESTONE DSNG PT Dharma Satya Nusantara Tbk (DSNG) established on 29 September 1980. 1983 1997 2004 2009 2011 2013 2016 2017 2018 Start a wood First planting of First planting of First planting of Acquired 65% of PT IPO @ Jakarta Strategic POM 7 starts processing oil palms in East oil palms in oil
Slide 13: Consolidated Financial Performance
-29% yoy 2.9% yoy Wood Palm Oil Product (88%) (11%) CONSOLIDATED FINANCIAL PERFORMANCE Revenue Contribution The decline in the Company's profit in 2023 was contributed by the increase in palm oil cost of goods ASP (IDR mn) sold due to higher fertilizer prices as geopolitical tensions between Russia
Slide 14: Consolidated Balance Sheet
CONSOLIDATED BALANCE SHEET Total Assets increased by 5% due to the completion of several projects such as Bio- CNG #2 and 10 additional storage tanks with a total capacity of 29,000 tons. However, total liabilities only grew by 1.3%, reflecting that asset growth is still largely financed by the Comp
Slide 15: External Recognition of DSNG Performance
EXTERNAL RECOGNITION OF DSNG PERFORMANCE Recognition from several independent institutions towards DSNG's performance achievements is reflected in the various awards received by the Company as well as the inclusion of DSNG shares as constituents of several actively traded market indexes. INDEX PENGH
Slide 16: External Recognition of DSNG's Sustainability Program
EXTERNAL RECOGNITION OF DSNG’s SUSTAINABILITY PROGRAM RSPO 2023 INNOVATION AWARD Score: 90.4% Score: Score: 10th 85.9% 86.4% Score: 7th 12th 2023 75.3% 16th 2021 2022 Score: 37.3% 2020 46th 2019 https://www.spott.org/palm-oil/ PERIOD : JUN 2023 – NOV 2023 https://kehati.or.id/en/index-sri-kehati/ As
Slide 17: DSNG Loan & Creditor Profile
DSNG LOAN & CREDITUR PROFILE ST IDR 13% ST USD 6% Currency USD LT IDR 66% profile LT USD 21% 15% Conventional 70% USD 30 MILLION – 10 YEARS Loan SLL profile 22% 30.2% or equivalent to IDR Impact 1.702 bn of DSNG's total debt Loan is in the form of 8.20% On January 26, 2023, DSNG signed a Sustainabil
Slide 18: DSNG's Commitment to Sustainability Through Various Program
www.dsn.co.id DSNG'S COMMITMENT TO SUSTAINABILITY THROUGH VARIOUS PROGRAM
Slide 19: DSNG Sustainability Program
DSNG SUSTAINABILITY PROGRAM As a form of the Company's serious commitment to sustainability practices, in 2020 DSNG established Sustainability Advisory Board (SAB) consisting of DSNG top management and independent figures who have high credibility in international sustainability practices. The main
Slide 20: DSNG Sustainability Program
DSNG SUSTAINABILITY PROGRAM The following are DSNG's actions in realizing the commitment to our sustainability programs #1 BIO-CNG PLAN 2020 #2 SOLAR PANEL 2021 "I want our business, starting from our palm oil operations to be fully energy independent by 2028, relying almost exclusively on renewable
Slide 21: DSNG Sustainability Program
DSNG SUSTAINABILITY PROGRAM The following are DSNG's actions in realizing the commitment to our sustainability programs #3 PORTABLE TOILET 2023 #4 BACK SUPPORT (CORSET) 2015 DSNG built separate male and DSNG implements high work female portable toilet facilities safety standards by ensuring within t
Slide 22: DSNG Sustainability Program
DSNG SUSTAINABILITY PROGRAM The following are DSNG's actions in realizing the commitment to our sustainability programs #5 ORANG UTAN BRIDGE 2023 #6 OTHER PROGRAMS Visit our website and sustainability report to see more of DSNG's actions in realizing its commitment to the sustainability program. DSN
Slide 23: Operational Summary
OPERATIONAL SUMMARY Palm Oil Products Wood Products 2023 2022 YoY Δ% Q4-23 Q3-23 QoQ Δ% Q2-23 Q1-23 2021 2020 Planted Land ('000 ha) 112.7 112.9 (0.2) 112.5 112.5 - 112.5 112.5 112.8 112.6 2023 2022 YoY Δ% Q4-23 Q3-23 Q2-23 Q1-23 QoQ Δ% 2021 2020 Nucleus 84.8 84.6 0.2 84.5 84.5 - 84.5 84.5 84.5 84.5
Slide 24: Financial Summary
FINANCIAL SUMMARY Segmented Consolidated Palm Oil (IDR bn) 2023 2022 YoY Δ% Q4-23 Q3-23 QoQ Δ% Q2-23 Q1-23 2021 2020 Revenue 8,354 8,117 2.9 2,583 1,918 34.6 2,041 1,812 5,792 5,703 Profit & Loss (IDR bn) 2023 2022 YoY Δ% Q4-23 Q3-23 QoQ Δ% Q2-23 Q1-23 2021 2020 Gross Profit 2,332 2,783 (16.2) 811 5
Slide 25: Thank You
+ THANK YOU www.dsn.co.id
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