Pt Dharma Satya Nusantara Tbk · IDX:DSNG
Pt Dharma Satya Nusantara Tbk — Q1 2023 Earnings Presentation
26 slides from Pt Dharma Satya Nusantara Tbk's earnings presentation, May 4, 2023
Slide 1: Q1-23 Corporate Updates
Q1-23 CORPORATE UPDATES PT DHARMA SATYA NUSANTARA TBK dsn.group www.dsn.co.id
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 Milestone
Construction of 2nd 2021 Q1-23 BIO-CNG Plant & installation Of solar panels 2022 Commissioning new New CPO mill @30tph & 1 extension line @30tph started Palm Oil Mill (East & 2020 commercial operation Central Kalimantan) 2019 1st shipment of Facility from &Green 1st Bond, 1st Bio-CNG 10.500 tons pal
Slide 4: Palm Oil Segment
PALM OIL SEGMENT PLANTATION PROFILE PALM OIL PRODUCTION FACILITIES Prime PRODUCTS Mature 675 FFB 72% ton/hr CPO Planted 93% Immature 12 Mills CPO Plantation Revenue Contribution PKO 5% 400 PK ton/day Kernel 1% FFB 1% Others 0.1% North 1 Mills PKO Kalimantan 1.2 Electricity MW ±60.000 ha in one area
Slide 5: Wood Product Segment
WOOD PRODUCT SEGMENT PANEL ENGINEREED FLOORING ENGINEREED DOOR JOINT VENTURES Market Raw Material Destination WITH United IMPORTED OTHER LOCAL Product Kingdom SENGON JABON OAK WOOD 100% Export PRODUCTION CAPACITY PRODUCTION CAPACITY 12,000 m3/month 150,000 m2/month Enginereed Door Products Door 11%
Slide 6: Products Certification
PRODUCTS CERTIFICATION Wood Product All wood product have SVLK certificate to ensure the legality of timber source Palm Oil The assurance that the member has committed to and New Zealand complied with sustainability requirements, and can make a Canada & USA Europe Japan claim on their certification
Slide 7: Shareholders Profile
SHAREHOLDERS Dividend Per Share (IDR/Share) 20.0 PROFILE DSNG listed its shares in IDX on 14 Per 31 December 2022 June 2013 with a ticker of DSNG:IJ. Currently, its market capitalization is 12.5 10.0 around IDR 6.4 Tn or USD 436 Mn 28.90% equivalent (as of 3 May 2023) 5.0 2018 2019 2020 2021 Oetomo
Slide 8: DSNG as Constituent in Some Indexes
DSNG AS CONSTITUENT IN SOME INDEXES As a public company whose shares are actively traded, the inclusion of DSNG shares as part of several Index constituents, shows the recognition of independent institutions to the company's performance and commitment to sustainability practices. 1 https://kehati.or
Slide 9: Palm Oil Performance and Wood Product Performance
PALM OIL PERFORMANCE Volume FY (‘000 ton) Volume Q1(‘000 ton) ASP (IDR mn/ton) FFB PRODUCTION CPO SALES 2,215 640 640 2,041 1,945 545 WOOD PRODUCT PERFORMANCE 10.4 9.2 SALES - PANEL SALES - FLOORING 27.9% 8.1 Volume Q1 Volume FY ASP (IDR mn/ton) 44.3% 528.4 413 141 98 1,137 2020 2021 2022 2023 1,117
Slide 10: Consolidated Financial Performance Q1-23
CONSOLIDATED FINANCIAL PERFORMANCE Q1-23 FY (IDR bn) Q1 (IDR bn) margin (%) REVENUE NET INCOME EBITDA CORE PROFIT 9,634 1,207 3,018 1,319 7,124 6,699 1,941 740 762 1,650 478 31.3 13.7 10.4 12.5 24.6 27.2 10.7 7.1 311 337 2,066 1,645 209 477 522 215 2.7 170 25.59% 48.8% 9.43% -20.93% 2020 2021 2022 2
Slide 11: Consolidated Balance Sheet Q1-23
CONSOLIDATED BALANCE SHEET Q1-23 ASSETS LIABILITIES EQUITY Current Non-Current Other Debt 15,357 15,476 8,375 7,921 8,160 14,151 13,712 7,197 7,101 7,026 6,687 6,231 6,391 5,309 5,447 5,329 3,230 3,141 2,613 2,322 2020 2021 2022 2023 2020 2021 2022 2023 2020 2021 2022 2023
Slide 12: We Ensure the Sustainability of Plantation Productivity
WE ENSURE THE SUSTAINABILITY OF PLANTATION PRODUCTIVITY
Slide 13: Continue to Innovate to Improve Productivity: Mechanization and Technology Application
CONTINUE TO INNOVATE TO IMPROVE PRODUCTIVITY: MECHANIZATION AND TECHNOLOGY APPLICATION DSNG believes the importance of technology in the future of palm oil industry, to answer the challenges of fulfilling plantation labor, improving CPO quality and cost efficiency. With a total area of 112k hectares
Slide 14: We Keep Our Plants Productive: Replanting & Strategic Nursery Investments
WE KEEP OUR PLANTS PRODUCTIVE: REPLANTING & STRATEGIC NURSERY INVESTMENTS In 2022 we started the first replacement of 383 ha with a replanting target of 1,000 - 1,500 ha in 2023 2022 2015 2016 2017 2018 2019 2020 2021 Avg 2022 Nucleus 2023 2024 2025 Joint Venture with Age: 13.7 Years Old Mature (>18
Slide 15: Our Sustainability Commitments
OUR SUSTAINABILITY COMMITMENTS DSNG realizes that sustainability practices cannot be separated from our business activities. Therefore, we continue to commit to sustainable practices by focusing on communities, forests, and climate.
Slide 16: Forest Pillar
Forest Pillar COMMITMENT TO SUSTAINABILITY DSNG respects forest, climate, & community responsibilities to all Designated off stakeholders Conservation area concession managed within concession conservation area Suppliers and Contractors signed Integrity Pacts containing NDPE Policy Traceable FFB sup
Slide 17: Climate Pillar
Climate Pillar COMMITMENT TO SUSTAINABILITY DSNG respects forest, climate, & community responsibilities to all Palm Oil Mill Effluent is processed in accordance with stakeholders government quality standards and used for land applications Million kWh or Million liters of diesel based on permits from
Slide 18: Community Pillar
Community Cultural Heritage Assessment & Preservation Plan and Indigenous People Development Plan Pillar implemented in Muara Wahau, Karangan and Bengalon. COMMITMENT TO SUSTAINABILITY Jabon Tree Seeds (36% of total Elementary schools buses are provided DSNG respects forest, climate, & in East Kutai
Slide 19: Commitment to Sustainability
Chairman DATUK DARREL WEBBER DSN Group has started the following sustainability is the former CEO of RSPO, a global multistakeholder initiative, transitioning a global agricultural commodity initiatives : towards sustainable production and consumption. • ESMS & Policy Enhancements He is currently th
Slide 20: Sustainability in Actions
SUSTAINABILITY IN ACTIONS
Slide 21: Sustainability Initiatives in Palm Oil
SUSTAINABILITY INITIATIVES IN PALM OIL EMISION REDUCTION UP TO 29% BY 2030 1st BIO-CNG Palm Kernel Empty Fruit BASELINE CARBON SCOOPING saving : Shell Bunch Equivalent 50,000+ with 2 million Metric tons or or liters of diesel/year Carbon Reduction Planting 805,370 Removing Recycling BIOMASS: PKS & E
Slide 22: Wood Product Initiatives
WOOD PRODUCT INITIATIVES To promote a forest tenure reform, DSN has introduced a Community SOLAR PANEL HUTAN TANAMAN RAKYAT Plantation Forest (“Hutan Tanaman Rakyat” or “HTR”) program by providing up to 1 million Jabon seedlings to local farmers by 2027. The 16,000 m2 Solar panel were fully (HTR) Pr
Slide 23: Independent Party Recognition of DSNG Sustainability Initiatives
INDEPENDENT PARTY RECOGNITION OF DSNG SUSTAINABILITY INITIATIVES INTERNATIONAL INSTITUTION 46th 16th 7th 12th Score: Score: Score: Score: 37.3% 75.3% 85.9% 86.4% Stichting andgreen.fund Asian Development Bank https://www.spott.org/palm-oil/ 2019 2020 2021 2022 AD VI SED BY Rank Company Headquarters
Slide 24: Operational Summary
OPERATIONAL SUMMARY Palm Oil Products Wood Products Q1-23 Q1-22 YoY Δ% Q4-22 Q3-22 QoQ Δ% 2022 2021 2020 Q1-23 Q1-22 YoY Δ% Q4-22 Q3-22 QoQ Δ% 2022 2021 2020 Planted Land ('000 ha) 112.5 112.6 (0.0) 112.8 112.8 (0.0) 112.5 112.8 112.6 Sales Volume ('000) Nucleus 84.5 84.5 - 84.5 84.5 (0.0) 84.5 84.5
Slide 25: Financial Summary
FINANCIAL SUMMARY Consolidated Segmented Profit & Loss (IDR bn) Q1-23 Q1-22 YoY Δ% Q4-22 Q3-22 QoQ Δ% 2022 2021 2020 Palm Oil (IDR bn) Q1-23 Q1-22 YoY Δ% Q4-22 Q3-22 QoQ Δ% 2022 2021 2020 Revenue 2,066 1,645 25.6 3,048 2,799 8.9 9,634 7,124 6,699 Revenue 1,812 1,240 46.2 2,718 2,393 13.6 8,117 5,792
Slide 26: Thank You
Thank You Palm Oil Wood dsn.group www.dsn.co.id
PT Dharma Satya Nusantara — Q1 2023 Earnings Presentation on 6ix