Ctf Services Limited · HKEX:659
Ctf Services — NWS Holdings — H1 FY2010 Earnings Presentation
27 slides from Ctf Services's earnings presentation, Mar 16, 2010
Slide 1: Interim Results 2010
——— #7 G3 NWS INTERIM RE : TotalCaring carin 2nRRAR eee pascal il
Slide 2: New World Group Structure
New World Group Structure 新世界發展有限公司 New World Development Company Limited (香港股份代號 : 17) (HK stock code: 17) 70% 57% 72% 新世界中國地產有限公司 新創建集團有限公司 新創建集團有限公司 新世界百貨中國有限公司 New World China Land New World Department Limited NWS Holdings Store China Limited (香港股份代號: 917) Limited (香港股份代號 :825) (HK stock code: 9
Slide 3: NWS Corporate Structure
NWS Corporate Structure Infrastructure Services 基建 服務 Roads Facilities 道路 Management 設施管理 Energy 能源 Contracting & Transport Water 建築機電及交通運輸 水務 Ports & Logistics Financial Services 港口及物流 金融服務 2
Slide 4: Financial Highlights
——— an Bll 32 NWS Financial Highlights
Slide 5: Consolidated Financial Highlights
Consolidated Financial Highlights For the six months 2009 2008 Change ended 31 December (HK$’m) (HK$’m) + / (-)% Revenue 6,249.5 8,658.2 (28) AOP 1,502.2 1,241.2 21 Profit attributable to 2,305.4 813.3 183 shareholders Earnings per share HK$1.11 HK$0.40 178 Dividend per share HK$0.62 HK$0.20 210 Net
Slide 6: Strong Financial Position
Strong Financial Position Total cash on hand and bank balances: HK$7.9 billion Total debt: HK$6.4 billion Net cash position: HK$1.5 billion (As at 31 December 2009) 5
Slide 7: AOP by Segment
AOP by Segment For the six months ended 2009 2008 Change % 31 December (HK$’m) (HK$’m) Fav./(Unfav.) Infrastructure Roads 233.5 382.6 (39) Energy 216.9 42.8 407 Water 120.8 93.1 30 Ports & Logistics 151.7 171.9 (12) Sub-total: 722.9 690.4 5 Services Facilities Management 400.4 314.7 27 Contracting &
Slide 8: Infrastructure
Ss” nt fall 32 NWS Infrastructure
Slide 9: Infrastructure
Roads and related projects in 19 Guangdong, Guangxi, Shanxi and Tianjin Infrastructure Roads 1 Tunnel project in Hong Kong Power plants in Mainland China 4 and Macau Energy 1 Fuel company in Guangzhou Water projects in Mainland China 23 and Macau 1 Incineration plant in Shanghai 1 Sludge treatment p
Slide 10: AOP - Infrastructure
AOP - Infrastructure For the six months 2009 2008 Change % ended 31 December (HK$’m) (HK$’m) Fav./(Unfav.) Roads 233.5 382.6 (39) Energy 216.9 42.8 407 Water 120.8 93.1 30 Ports & Logistics 151.7 171.9 (12) TOTAL 722.9 690.4 5 9
Slide 11: Roads
Roads AOP dropped by 39% Guangzhou City Northern Ring Road (廣州市北 環高速公路) was closed 4 months for major maintenance works. It was re-opened in early November 2009 Tangjin Expressway (Tianjin North Section) (唐津 高速公路(天津北段)) up 28% in average daily traffic flow Pearl River Delta projects in general recor
Slide 12: Pearl River Delta Expressway Network
珠江三角洲高速公路網 Pearl River Delta Expressway Network 11
Slide 13: Energy
Energy AOP surged 407% due to lowered coal prices and rise in power demand Combined electricity sales of Zhujiang Power Plants 珠江電廠) 珠江電廠 increased 11% (珠江電廠 Electricity sales of Chengdu Jintang Power Plant 成都金堂電廠) 成都金堂電廠 up 10% (成都金堂電廠 澳門電力) 澳門電力 sales volume up 7% Macau Power (澳門電力 12
Slide 14: Water
Water AOP increased by 30% 重 Strong profit contribution from Chongqing Water Group (重 慶水務集團) 慶水務集團 重慶水廠) 重慶水廠 reported 20% growth in Chongqing Water Plant (重慶水廠 daily average sales volume 上海化學工業區水 Shanghai SCIP Water Treatment Plants (上海化學工業區水 處理廠) 處理廠 Industrial water sales volume up 17% Sewage tre
Slide 15: Water: New Investments in 2009
Water New Investments in 2009 Share- Project name Status Operational data holding Tianjin Jieyuan Water 26.03% Operational Daily production Plant capacity of approx. 天津芥園水廠 500,000 m3 Suzhou Industrial Park 24.5% Operational in Daily capacity of Sludge Treatment Plant mid-2010 approx. 300 tonnes 蘇州工
Slide 16: Ports & Logistics
Ports & Logistics AOP decreased by 12% ATL – Average occupancy rate dropped from 99% to 97% Economic downturn has slowed down China’s import and export Throughputs of Xiamen New World Xiangyu Terminals 廈門象嶼新創建碼頭) 廈門象嶼新創建碼頭 and Tianjin Orient Container (廈門象嶼新創建碼頭 天津東方海陸集裝箱碼頭) 天津東方海陸集裝箱碼頭 recorded a d
Slide 17: China Rail Container Terminals Project
China Rail Container Terminals Project 18 pivotal rail container terminals in 18 major cities in Mainland China Terminal under operation Construction work to be completed in 2010 Zhengzhou (鄭州) Qingdao (青島) Chengdu (成都) Wuhan (武漢) Dalian (大連) Xian (西安) * Construction planned to commence in 2010 Tian
Slide 18: China Rail Container Terminals Project
China Rail Container Terminals Project Kunming Terminal Commenced operation in Jan 2008, handled 185,000 TEUs in 2009 Target handling 280,000 TEUs in 2010 Making modest profit Other ancillary facilities such as warehouses are also in operation Chongqing Terminal Commenced operation in Dec 2009, hand
Slide 19: Services
——— nt fall 32 NWS Services
Slide 20: AOP – Services
AOP – Services For the six months 2009 2008 Change % ended 31 December (HK$’m) (HK$’m) Fav./(Unfav.) Facilities Management 400.4 314.7 27 Contracting & Transport 258.4 198.7 30 Financial Services 120.5 37.4 222 TOTAL 779.3 550.8 41 19
Slide 21: Facilities Management
Facilities Management AOP up by 27% HKCEC – Recorded an AOP increase of 23% – Enhanced contribution upon the completion of Atrium Link expansion in April 2009 Free Duty – AOP surged by 60% – Achieved outstanding result due to increased passenger traffic flow at Lo Wu and Hung Hom stations and increa
Slide 22: Contracting & Transport
Contracting & Transport Overall AOP increased by 30% Contracting Gross contract-on-hand: HK$26.6 billion* Remaining value: HK$14.8 billion* Transport AOP improved due to lower fuel costs Patronage in both bus and ferry services dropped (*As at 31 December 2009) 21
Slide 23: Financial Services
Financial Services AOP increased by 222% Disposed of 52.86% shareholding in Taifook Securities and continue to hold 9% stake Tricor has successfully expanded into 21 cities in 12 countries/territories and its contribution remained stable 22
Slide 24: Corporate strategy
Corporate strategy Continue to focus on Infrastructure businesses and seek new growth opportunities Adopt conscious approach in consolidating non-core assets 23
Slide 25: Achievements
Achievements • Total Caring Award and 5 Years Plus Caring Company • Social Welfare Department - Gold Award for Volunteer Service • Hong Kong Volunteer Award (Corporate Award) • Galaxy Awards 2008 - Silver Award (Annual report) • 22nd Annual International Mercury Awards – Bronze Award in Logo categor
Slide 26: Responsible Corporate Citizen
Responsible Corporate Citizen 25
Slide 27: nt fall NWS
——— nt fall 32 NWS TotalCating |p eg 2005/09 ad ran rs