Slide 1: KOREA LINE CORPORATION Investor Presentation 3Q24
KOREA LINE CORPORATION Investor Presentation 3Q24 1
Slide 2: Disclaimer
DISCLAIMER The financial information contained herein has been duly made subject to K-IFRS. The information contained in this material is for general purpose on matters of interest only, and it is strictly prohibited to use, distribute and/or copy all or any parts of the material without the prior c
Slide 3: Contents
CONTENTS Ⅰ. Company Overview Ⅱ. Business Performance Ⅲ. Appendix
Slide 4: Company Overview
Ⅰ. Company overview Ⅱ. Business Performance Ⅲ. Appendix 1. Company Overview □ Corporate Profile □ Status of Consolidated Subsidiaries Name KOREA LINE CORPORATION Subsidiary Corporation Name Main Business KLC Share(%) Share(%) Founded 12th Dec. 1968 Korea Line LNG Co., Ltd. Shipping Industry 100.00 -
Slide 5: Company Overview - History
Ⅰ. Company overview Ⅱ. Business Performance Ⅲ. Appendix 1. Company Overview - History 1984 2018 The birth of KLC Signed a CVC for two VLCCs with S-OIL Group based on and GS CALTEX, respectively the 2007 Signed a COA for two VLOCs with shipping A total of 16 orders were placed, VALE in Brazil rationa
Slide 6: KLC and KL LNG Owned Fleet List
Ⅰ. Company overview Ⅱ. Business Performance Ⅲ. Appendix 1. Company Overview – KLC and KL LNG Owned Fleet List □ Total : 48 vessels (KLC 31 vessels 4,544,936 DWT / KL LNG 17 vessels 2,181,523 CBM) Categories Vessel Name Built DWT Categories Vessel Name Built DWT SM PUMA 2016 206,938 SM HARMONY1 2020
Slide 7: KSC and CM Owned Fleet List
Ⅰ. Company overview Ⅱ. Business Ⅱ. 경영실적 Performance Ⅲ.Ⅲ. Appendix Appendix 1. Company Overview – KSC and CM Owned Fleet List □ KSC Total : 13 vessels (1,296,351 DWT) Categories Vessel Name Built DWT Categories Built DWT YOUNGHEUNG 2010 179,221 SM NEWCASTLE 2010 179,194 SM SAMARINDA 2010 93,328 SM GL
Slide 8: Consolidated Basis Quarterly Business Performance
Ⅰ. Company overview Ⅱ. Business Performance Ⅲ. Appendix 2. Consolidated Basis Quarterly Business Performance ■ Sales ■ OP ㅡ BDI ㅡ WTI (Unit : KRW bn) 515.2 440.4 418.8 408.5 19 0 354.7 343.6 336.3 170 1,871 15 0 1,646 13 0 1,189 110 91.87 90 82.16 74.42 126.7 70 50 79.1 74.6 65.2 72.2 67.8 59.9 30.0
Slide 9: Consolidated Basis Sales of Department
Ⅰ. Company overview Ⅱ. Business Performance Ⅲ. Appendix 2. Consolidated Basis Sales of Department □ 2024.3Q Sales ratio by Department LNG 31% etc 25% Shipping Tanker Sales Sales 9% Bulk Shipping 60% 75% Corporation (*) Sales(KRW bn) Business area Total Name Dedicated Tramper KLC Bulk, Tanker 120.2 4
Slide 10: KLC and KL LNG Quarterly Business Performance
Ⅰ. Company overview Ⅱ. Business Performance Ⅲ. Appendix 2. KLC and KL LNG Quarterly Business Performance □ Sales (Unit : KRW Bn) □ Operating Profit (Unit : KRW bn) 450.0 150.0 400.0 385.3 130.0 114.2 350.0 110.0 299.7 300.0 277.1 90.0 68.7 250.0 237.1 70.0 63.5 60.3 200.0 50.0 150.0 30.0 100.0 10.0
Slide 11: KLC & KL LNG business performance by sector
Ⅰ. Company overview Ⅱ. Business Performance Ⅲ. Appendix 2. KLC & KL LNG business performance by sector □ Sales by business sector (Unit : KRW bn) □ 2024. 3Q Sales ratio by business sector Dedicated Tramper etc Dedicated detail 13.1 16.1 39.0 BULK (42%) 142.9 7.7 etc 36.8 41.9 40.5 13% 33.7 22.5 Dedi
Slide 12: KLC and KL LNG Dedicated Carrier Service Segment
Ⅰ. Company overview Ⅱ. Business Ⅱ. 경영실적 Performance Ⅲ.Ⅲ. Appendix Appendix 2. KLC and KL LNG Dedicated Carrier Service Segment □ 2024.3Q Sales by Shipper (Unit : KRW bn) □ 2024.3Q Sales by Shipper (Unit : KRW bn) SNNC GS DEP SNNC GS DEP GLOVIS 12.6 (2%) 9.8 (2%) GLOVIS 13.1 (2%) 11.4 (2%) 23.7 (4%)
Slide 13: KSC and CM Quarterly Business Performance
Ⅰ. Company overview Ⅱ. Business Performance Ⅲ. Appendix 2. KSC and CM Quarterly Business Performance □ KSC Sales and OP (Unit : KRW bn) □ CM Sales and OP (Unit : KRW bn) 150.0 ■ Sales ■ OP 50.0 ■ Sales ■ OP 130.0 110.0 40.0 94.4 90.0 85.6 85.7 30.0 70.0 61.2 57.9 20.0 16.1 14.4 14.6 14.2 50.0 30.0 1
Slide 14: Consolidated basis Major Financial Ratio
Ⅰ. Company overview Ⅱ. Business Performance Ⅲ. Appendix 2. Consolidated basis Major Financial Ratio □ FY 2024.3Q Debit Ratio (Unit : KRW bn) □ FY 2024.3Q Current Ratio (Unit : KRW bn) Total Debit Total Equity Total Ratio Current Asset Current Liability 4,750. 0 292% 1,900. 0 300% 4,250. 0 129% 150%
Slide 15: KLC Major Financial Ratio
Ⅰ. Company overview Ⅱ. Business Performance Ⅲ. Appendix 2. KLC Major Financial Ratio □ FY 2024.3Q Debit Ratio (Unit : KRW bn) □ FY 2024.3Q Current Ratio (Unit : KRW bn) Total Debit Total Equity Total Ratio Current Asset Current Liability 2,500. 0 257% 1,900. 0 300% 125% 150% 103% 200% 82% 2,000. 0 1
Slide 16: Future Prospect and Management strategy
Ⅰ. Company overview Ⅱ. Business Ⅱ. 경영실적 Performance Ⅲ.Ⅲ. Appendix Appendix 3. Future Prospect and Management strategy □ Dry Bulk Cargo Volume (Unit : mil. DWT) source : MSI DSPS Report(2023.4Q) Ore Coal Grain etc 2,172 2,171 1,764 1,860 2,010 2,087 2,100 2,066 1,719 1,698 570 630 474 481 530 535 540
Slide 17: KLC Global Service Route
Ⅰ. Company overview Ⅱ. Business Ⅱ. 경영실적 Performance Ⅲ.Ⅲ. Appendix Appendix 3. KLC Global Service Route CANADA / AMERICA BRAZIL AFRICA MIDDLE EAST INDONESIA Port of loading Port of loading Port of loading Port of loading Port of loading PRINCE RUPERT, ROBERTS TUBARAO, ITAGUAI, PDM NACALA RAS TANURA,
Slide 18: Consolidated Financial Statement Summary
Ⅰ. Company overview Ⅱ. Business Performance Ⅲ. Appendix 3. Consolidated Financial Statement Summary Income Statement & Financial Satements (Unit : KRW mil, Consolidated) 2024. 3Q YTD 2023.3Q YTD FY 2023 FY 2022 Sales 1,342,543 1,034,581 1,397,365 1,612,014 Operating Profit 266,689 199,681 249,957 26
Slide 19: Financial Statement Summary
Ⅰ. Company overview Ⅱ. Business Performance Ⅲ. Appendix 3. Financial Statement Summary KLC&KL LNG Income Statement & Financial Statement (Unit : KRW mil, Non-Consolidated) 2024.3Q YTD 2023.3Q YTD FY 2023 FY 2022 Sales 678,530(283,588) 423,724(267,424) 590,089(367,516) 621,426(333,429) Operating Prof