Pt Semen Indonesia (persero) Tbk · IDX:SMGR
Pt Semen Indonesia (persero) Tbk — H1 2023 Earnings Presentation
20 slides from Pt Semen Indonesia (persero) Tbk's earnings presentation, Aug 1, 2023
Slide 1: Optimizing Capabilities to Lead The Market
Optimizing Capabilities to Lead The Market Earnings Call 1st Half of 2023 Unaudited Financial Report
Slide 2: Optimizing Capabilities to Lead The Market
OPTIMIZING CAPABILITIES TO LEAD THE MARKET 1Q23 Performance Highlights 2 Company Profile & Sector Update 5 SIG Resilient Strategies 10 Seizing Turnaround Momentum 14
Slide 3: 1Q23 Performance Highlights
1Q23 PERFORMANCE HIGHLIGHTS
Slide 4: Key Highlights
KEY HIGHLIGHTS Through improvement in sales volume and cost management, SIG successfully recorded 3% yoy improvement in net profit Improved Profitability Industry update in 1H 2023 Maintain Focus on 4 Main Strategies in 1H23 Red Ocean Blue Ocean Positive trend in quarterly 17,898 1H 2023 demand grow
Slide 5: 1st Half of 2023 Performance
1ST HALF OF 2023 PERFORMANCE Minimize the impact of fuel price increase through revenue optimization, operational excellence and deleveraging (in IDR billion) Domestic Revenue ▲ 2.0% ▲ 5.9% ▼ 8.1% ▼ 8.1% ▲ 0.1% ▲ 3.1% Decreased yoy Change in Total COGS Lower operating Decrease in finance Net profit
Slide 6: Company Profile & Sector Update
COMPANY PROFILE & SECTOR UPDATE
Slide 7: Company Profile, Milestones and Lines of Business
Company Profile Company Lines of Milestones Business #1 2022 Integrate PT Semen Baturaja Largest cement through rights issue producer in Indonesia transaction 2019 56.5 MT p.a. Acquired PT Holcim Indonesia to solidify market Cement Manufacturing Cement Downstream End-to-end Businesses Largest design
Slide 8: Extensive Distribution Network across Indonesia & the Region
Extensive Distribution Network across Indonesia & the Region Integrated Grinding Production & Vietnam Cement Plants Packing Plants Plants Distribution Facilities Quang Ninh Plant - Vietnam Lhokseumawe Banjarmasin Ho Chi Minh Capacity: 2.3 MT/Year Malahayati Balikpapan Kuala Indah Lhoknga Plant Belaw
Slide 9: Cement Sector Update: Supply & demand drivers
CEMENT SECTOR UPDATE Industry supply & demand will be driven by potential growth of retail and infrastructure projects Domestic cement capacity vs demand Cement Demand Drivers (MT) Bag Housing Payment Liquidity Facility 123.1 Property & Housing developments (FLPP) 119.1 (K unit) 220 200 179 ~1% 12.7
Slide 10: Distribution of supply and demand in Indonesia
CEMENT SECTOR UPDATE Distribution of supply and demand in Indonesia Sumatra Kalimantan Sulawesi East Indonesia Capacity (mio ton) Capacity (mio ton) Capacity (mio ton) Capacity (mio ton) SIG (I+GP) 14.5 Indocement (I) 2.6 SIG (I) 7.4 Conch (I) 1.5 Conch (I) 3.0 Semen Bosowa (I) 4.2 Merah Putih (GP)
Slide 11: SIG Resilient Strategies
SIG RESILIENT STRATEGIES
Slide 12: 2023 Focus: Strengthen the main strategies
2023 FOCUS Strengthen the 4 main strategies to create more sustainable values Revenue Optimization Cost Management Red Ocean Domestic market Maximize Operational Excellence “Optimize export market “Optimize SEEC STEC Up to 11% Coal utilization” Micromarket Up to 8.5 mio ton production (2019-2030) Sp
Slide 13: Optimizing utilization for improved profitability
2023 FOCUS Optimizing utilization for improved profitability 1 Revenue optimization BAG Narrowing price gap between main brand and fighting & economic brand in relevant micro Implement Micro market strategy to Calibration market with high competition and price gap , allow increase in sales volume wh
Slide 14: Cost Management
2023 FOCUS Despite the market challenge and increasing price, SIG is able to manage its cost in order to maintain profitability 2 Cost Management Key initiatives • Optimize production index (clinker Mainly driven by rising freight cost for coal & raw material factor, coal index, TSR, and Energy COGS
Slide 15: Seizing Turnaround Momentum
SEIZING TURNAROUND MOMENTUM
Slide 16: Proceed usage and SMBR integration
SEIZING TURNAROUND MOMENTUM Proceed usage and SMBR integration Rights issue proceed usage SMBR Integration Operational Metrics 2.85 IDR Tn 2.56 IDR Tn 5.41 SIG ownership in Cash proceed from the IDR Tn Increase Average Selling Price (ASP) Net PT Semen Baturaja Tbk public shareholders (SMBR) post sha
Slide 17: To be Heavy Logistic Player Leader in the Region
SEIZING TURNAROUND MOMENTUM To be Heavy Logistic Player Leader in the Region Logistic Service Classification Roadmap Target from Heavy Cargo Logistic 1PLclassification 2PLclassification 3PLclassification Producers Asset based companies Companies that offers independently that offer a range of outsou
Slide 18: Logistic Business Development
LOGISTIC BUSINESS DEVELOPMENT Background and Strategy Development Highest risk Strengthening Logistic - Distribution to securing the channel and guarantee product availability Raw Material Manufacture Logistic Distribution Retailer approx. average EBIT (%) 10% 30% 8% 4% 14% roadmap Faster duration t
Slide 19: Important Notice Disclaimer
IMPORTANT NOTICE THIS PRESENTATION IS NOT AND DOES NOT CONSTITUTE OR FORM PART OF, AND IS NOT MADE IN CONNECTION WITH, ANY OFFER FOR SALE OR SUBSCRIPTION OF OR SOLICITATION, RECOMMENDATION OR INVITATION OF ANY OFFER TO BUY OR SUBSCRIBE FOR ANY SECURITIES NOR SHALL IT OR ANY PART OF IT FORM THE BASIS
Slide 20: Leading the industry transformation towards carbon economy
“Leading the industry transformation towards carbon economy” @semenindonesia Semen Indonesia Semen Indonesia @semenku PT Semen Indonesia (Persero) Tbk. South Quarter, Tower A, Floor 19-20 Jl. RA. Kartini Kav. 8, Jakarta Selatan 12430, Indonesia
PT Semen Indonesia (Persero) — H1 2023 Earnings Presentation on 6ix