Westports Holdings Bhd. · MYX:WPRTS

Westports Holdings Bhd — Q3 2018 Earnings Presentation

9 slides from Westports Holdings Bhd's earnings presentation, Nov 9, 2018

  1. Slide 1: Westports Holdings Berhad 3rd Quarter 2018 Financial Report

    Westports Holdings Berhad 3rd Quarter 2018 Financial Report 9th November 2018

  2. Slide 2: Throughput Volume

    Throughput Volume 2  3Q18 Transhipment turnaround with +12% growth after 5 consecutive YoY quarters of decline. Faster gateway with import of +21%  YTDSep18 Intra-Asia underpinned total volume growth with split of 61.3% while Asia-Europe reduced decline rate with 3Q18 growth  Conventional decline

  3. Slide 3: Revenue

    Revenue 3  3Q18 Container revenue decline with MFRS15 but QoQ growth reflected underlying higher transhipment, gateway and VAS revenue  YTDSep18 MFRS15 adjusted, container revenue per TEU would show improvement. Stable YTD conventional revenue despite volume decline due to higher break bulk and RO

  4. Slide 4: Cost

    Cost 4  3Q18 Fuel cost increased by +49% with much higher MOPS price. Manpower cost is the biggest component of operational cost with increases mainly due to basic salaries and allowances as total headcount increased by +6% with added facilities compared to last year  YTDSep18 Higher depreciation

  5. Slide 5: Overall Results & Profitability Margins

    Overall Results & Profitability Margins 5 3Q18 3Q17 %Chg 2Q18 % QoQ YTDSep18 YTDSep17 %Chg On YTD Performance Transhipment -5% while gateway Container m TEUs 2.45 2.14 14% 2.25 9% 6.95 6.80 2% +20%. Import +22% while export +18%. About 82% of gateway boxes are laden. Conventional decline due Convent

  6. Slide 6: Cash Flows & Total Borrowings

    Cash Flows & Total Borrowings 6 Consolidated Cash Flows Sukuk Musharakah Medium Term Note (SMTN) RM million 3Q18 3Q17 YTDSep18 YTDSep17 • 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

  7. Slide 7: Future Expansion Of Westports

    Future Expansion Of Westports 2 7 Completed CT1 to CT9  From 2m TEUs in 1996 to current capacity of 14m TEUs  CT9 can accommodate another 1m TEUs with additional TOEs Proposed expansion  Obtained Approval-in-Principle for proposed expansion to raise capacity to 30m TEUs per annum  Conducting det

  8. Slide 8: Dividend & Outlook

    Dividend & Outlook 8 Dividend Distribution Track Record Outlook 2018 Dividend Financial Payment Ex-Date Per Share (RM) Year Date 1st Interim Div 5.40 sen 1H 2018 07 Aug 2018 20 Aug 2018 2nd Interim Div 7.95 sen 2H 2017 21 Feb 2018 06 Mar 2018 1st Interim Div 6.372 sen 1H 2017 01 Aug 2017 15 Aug 2017

  9. Slide 9: Thank You

    Thank You Westports Holdings Berhad http://westportsholdings.com/ http://westportsmalaysia.com/ 2017 Annual Report http://ir.chartnexus.com/westportsholdings/docs/ar2017.pdf 2017 Sustainability Report http://ir.chartnexus.com/westportsholdings/docs/Westports%20201704%20Sustainability%20Rep%202017.pd

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