Westports Holdings Bhd. · MYX:WPRTS
Westports Holdings Bhd — Q4 2016 Earnings Presentation
12 slides from Westports Holdings Bhd's earnings presentation, Feb 10, 2017
Slide 1: Westports Holdings Berhad 4th Quarter 2016 Financial Report
Strictly Private & Confidential Westports Holdings Berhad 4th Quarter 2016 Financial Report 10th February 2017
Slide 2: Results
Strictly Private & Confidential Results 2 4Q15 4Q16 %Chg 2015 2016 %Chg On YTD Performance Container million TEUs 2.34 2.55 9% 9.05 9.95 10% Transhipment +13% and constituted 74.3% of total TEUs. Gateway improved at Conventional million MT 2.50 3.33 33% 10.23 11.80 15% 4Q16 and YTD posted +3% Revenu
Slide 3: Container – Transhipment & Gateway Throughput
Strictly Private & Confidential Container – Transhipment & Gateway Throughput 3 4Q16 transhipment +9% and supported by exports, gateway growth improved +8% to 0.7m TEUs 2016 growth of +10%, underpinned by transhipment +13% which constituted 74.3% of total volume Total Container Throughput (milli
Slide 4: Container – Throughput By Trade Lane
Strictly Private & Confidential Container – Throughput By Trade Lane 4 4Q16 Asia-Africa volume eased due to realignment of selected services on that trade lane 2016 Intra-Asia underpinned volume handled and growth. Asia-Europe improved in second-half Container Throughput By Trade Lanes Others 2%
Slide 5: Conventional – Throughput Volume
Strictly Private & Confidential Conventional – Throughput Volume 5 4Q16 liquid bulk grew with bunkering. Cement volume eased with less major construction works 2016 dry bulk improved with sugar and grains throughput while break bulk with steel products Total Conventional Throughput (million tonn
Slide 6: Revenue
Strictly Private & Confidential Revenue 6 4Q16 higher container revenue due to 9% increase in volume handled and higher revenue per TEU 2016 much higher construction revenue reflected progress especially at the CT8 Phase 1 expansion Segmental Revenue (RM million) Year Quarter Year-To-Date 2013 2
Slide 7: Cost Of Sales
Strictly Private & Confidential Cost Of Sales 7 4Q16 container costs eased with less impact from tariff. Fuel cost with higher fuel price and volume 2016 manpower reflected higher minimum wage and operational headcount. Depreciation for CT8 Cost Of Sales Breakdown (RM million) Year Quarter Year-
Slide 8: Profitability Margins
Strictly Private & Confidential Profitability Margins 8 EBITDA, PBT and PAT margins calculated excluded investment gain. 4Q16 EBITDA and PBT margins eased due to higher fuel cost and 2016 with higher marketing cost. PAT margin reflected ITA benefit Profitability Margins* (%) And Profit After Tax (
Slide 9: Debt-To-Equity Ratio
Strictly Private & Confidential Debt-To-Equity Ratio 9 Sukuk Musharakah Medium Term Note (SMTN) Net Debt-To-Equity Ratio • 20 year Sukuk Musharakah Medium Term Note program obtained on 20 April 2011 Tenure • Valid unless it has been redeemed, cancelled or repurchased by WMSB Nominal Value RM2,000 mi
Slide 10: CT8 & CT9 Expansion
Strictly Private & Confidential CT8 & CT9 Expansion 10 Updated Expansion Plan Current Construction Work At CT8 CT8 Facilities • 600 metres of wharf and container yard • Back-of-the-terminal facilities: 2nd container gate, marshaling centre and container freight station • 14 units of Quay Cranes • 15
Slide 11: Dividend And Outlook
Strictly Private & Confidential Dividend And Outlook 11 Dividend Distribution Track Record Outlook 2017 Dividend Financial Payment Ex-Date Per Share (RM) Year Date 2nd Interim 6.70 sen 2H 2016 22 Feb 2017 08 Mar 2017 Dividend 1st Interim 7.30 sen 1H 2016 09 Aug 2016 23 Aug 2016 Dividend 2nd Interim
Slide 12: Thank You
Strictly Private & Confidential Thank You Westports Holdings Berhad http://westportsholdings.com/ http://westportsmalaysia.com/ Westports Holdings Berhad 2015 Annual Report http://ir.chartnexus.com/westportsholdings/docs/ar2015_low.pdf Chang Kong Meng Email: chang@westports.com.my Contact: +6 03 316
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