Singapore Exchange Ltd. · SGX:S68

Singapore Exchange — Tat Hong Holdings — H1 2013 Earnings Presentation

14 slides from Singapore Exchange's earnings presentation, Nov 9, 2012

  1. Slide 1: Tat Hong Holdings Ltd 2Q/1HFY2013 Results

    09/11/2012 Tat Hong Holdings Ltd 2Q/1HFY2013 Results 9 November 2012 2QFY2013 HIGHLIGHTS FLEET UPDATES OUTLOOK & PROSPECTS OUR TRACK RECORD 2 1

  2. Slide 2: Financial Highlights

    09/11/2012 Financial Highlights Change Change S$’m 2QFY2012 2QFY2013 1HFY2012 1HFY2013 +/‐ (%) +/‐ (%) Revenue 183.3 216.0 +18 341.7 431.3 +26 Gross Profit 67.9 80.3 +18 123.9 164.8 +33 Gross Profit Margin (%) 37.1 37.2 +0.1%pts 36.3 38.2 +1.9%pts PBT 19.6 24.6 +25 28.9 50.9 +76 PATMI 12.6 17.3 +37

  3. Slide 3: 2QFY2013 Highlights; Balance Sheet Highlights

    09/11/2012 2QFY2013 Highlights  Interim dividend of 1.5 Singapore cents per share Dividend  Books closure date: 5.00 pm on 22 November 2012  Dividend payable on: 30 November 2012  Placement of 70 million new shares raised S$84 million in gross proceeds  Placement price: S$1.20 per ordinary shar

  4. Slide 4: Revenue Trend; Segmental Revenue Highlights

    09/11/2012 Revenue Trend S$’m 2QFY2013 y‐o‐y growth: 18% 1HFY2013 y‐o‐y growth: 26% 431.3 719.8 639.9 631.8 216.0 2Q 584.2 482.5 495.4 1Q 215.3 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 1QFY2013 Financial year ends 31 March 7 Segmental Revenue Highlights S$’m 1. Distribution 200 181.9 Revenue posted

  5. Slide 5: Segmental Revenue Highlights

    09/11/2012 Segmental Revenue Highlights 2. Crane Rental S$’m 200 Strong 52% increase in 2QFY2013 to S$81.4 million as a result of broad‐based improvement 161.0  Singapore: increased rental activities to overseas markets 150 including Papua New Guinea and Vietnam. Within Singapore, rental revenue in

  6. Slide 6: Segmental Revenue Highlights; Revenue by Business Activity

    09/11/2012 Segmental Revenue Highlights S$’m 40 37.8 4. Tower Crane Rental Revenue increased by 27% to S$18.8 million 29.7 in 2QFY2013 30  Mainly due to expanded fleet size coupled with improved utilisation rates as a result of involvement in infrastructure, large 20 18.8 commercial and power plant

  7. Slide 7: Revenue by Region; Gross Profit & Gross Profit Margin

    09/11/2012 Revenue by Region 2QFY2012 8.1% 2QFY2013 8.7% 15.3% 21.8% 48.7% 50.0% S$158.4 million S$183.3 million S$216.0 million 20.8% 26.6% Increasing share of contribution from ASEAN & other regions 1HFY2012 8.7% 8.8% 2HFY2013 16.4% 52.4% 23.0% 48.1% S$341.7 million S$431.3 million Australia 22.5%

  8. Slide 8: Quarterly PATMI Trend

    09/11/2012 Quarterly PATMI Trend S$’m 20 17.4 * 17.3 16.7 15 12.9 13.0 12.6 11.6 10.6 10.4 9.8 10 7.1 5.5 5 4.7 3.8 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 FY 2010 FY 2011 FY 2012 FY 2013 * Excluding one‐off items of (S$6.2million) eg loss on sale of cranes between related subsidiaries in China

  9. Slide 9: Crawler/Mobile Fleet; Tower Crane Fleet

    09/11/2012 Crawler/Mobile Fleet Size No. of Cranes No. of Cranes (Tonnes) As at 30 Sep 2011 As at 30 Sep 2012 < 99 MT 352 437 100 – 199 MT 136 139 200 – 299 MT 55 77 > 300 MT 22 29 Others 29 75 Total Units 594 757 Total Tonnage 60,281 74,556 Group Overall Utilisation Rate 67.9% 72.5% (based on tonna

  10. Slide 10: Outlook & Prospects for 2HFY2013

    09/11/2012 2QFY2013 HIGHLIGHTS FLEET UPDATES OUTLOOK & PROSPECTS OUR TRACK RECORD 19 Outlook & Prospects for 2HFY2013  Barring any unforeseen circumstances or significant deterioration of the global economy, the Group is confident of improving its performance in FY2013 as compared to FY2012 Crane R

  11. Slide 11: Diversified Track Record

    09/11/2012 2QFY2013 HIGHLIGHTS FLEET UPDATES OUTLOOK & PROSPECTS OUR TRACK RECORD 21 Diversified Track Record Construction Engineering Infrastructure Petrochemical Oil & Gas Power Generation Natural Resources 22 11

  12. Slide 12: Regional Expertise

    09/11/2012 Regional Expertise SINGAPORE MALAYSIA Ongoing Projects Ongoing Projects  Downtown Line Stages 2 & 3 MRT (total 12  Gemusut (platform fabrication) stations)  LEKAS (regasification)  Jurong Aromatics Plant on Jurong Island  Chevron Gorgon Upstream Project (pipe coating)  SLNG Plant on

  13. Slide 13: Regional Expertise

    09/11/2012 Regional Expertise CHINA Ongoing Projects Ongoing Projects Completed Projects  Power Plants & Nuclear/LNG Power  Railways:  Railways: Stations:  Hangzhou‐Changzhou Line  Tianjin West Station  Guangdong Zhaoqing Power  Jinan West Station  Infrastructure: Plant  Ningbo Transportati

  14. Slide 14: Thank You

    09/11/2012 Thank. You 14

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