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Strengthening our focus on growth SAMUDERA SHIPPING LINE LTD AGM 2017

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Page 1: Strengthening our focus on growthsamudera.listedcompany.com/newsroom/20180425... · document in other jurisdictions may be restricted by law and persons into whose possession this

Strengthening

our focus on

growth

SAMUDERA SHIPPING LINE LTD

AGM 2017

Page 2: Strengthening our focus on growthsamudera.listedcompany.com/newsroom/20180425... · document in other jurisdictions may be restricted by law and persons into whose possession this

disclaimerThe information in this document has not been independently verified. No representation or warrantyexpressed or implied is made as to, and no reliance should be placed on, the fairness, accuracy,completeness or correctness of such information or opinions contained herein.

This document and the information contained herein is not an offer to sell securities in Singapore. Anypublic offering of securities to be made in Singapore will be made by means of an offer document thatwill contain detailed information about the Company and its management, as well as financialstatements in compliance with all relevant laws. No money, securities or other consideration is beingsolicited by this document or the information contained herein and, if sent in response to this documentor the information contained herein, will not be accepted.

This document is being furnished to you solely for your information on a confidential basis and may notbe reproduced, redistributed or passed on, in whole or in part, to any other person. In particular, neitherthis document nor any copy thereof may be taken or transmitted or distributed, directly or indirectly intoCanada, Australia or Japan to any resident thereof or into the United States. The distribution of thisdocument in other jurisdictions may be restricted by law and persons into whose possession thisdocument comes should inform themselves about, and observe, any such restriction. Any failure tocomply with these restrictions may constitute a violation of the laws of any such other jurisdiction. Byaccepting this document you agree to be bound by the foregoing limitations.

This document does not constitute or form part of an offer or invitation to sell or the solicitation of anoffer or invitation to subscribe for any shares in the Company, neither shall it or any part of it form thebasis of or be relied upon in connection with any contract or commitment whatsoever.

This document may contain forward-looking statements that involve known and unknown risks,uncertainties and other factors that may cause actual results, performance or achievements of theGroup to be materially different from any future results, performance or achievements expressed orimplied by these forward-looking statements.

None of the Group, its respective affiliates, advisors, representatives nor any other person isrepresenting or warranting that the future results, performance or achievements of the Group will be asdiscussed in such forward-looking statements.

SAMUDERA SHIPPING LINE LTD

Page 3: Strengthening our focus on growthsamudera.listedcompany.com/newsroom/20180425... · document in other jurisdictions may be restricted by law and persons into whose possession this

board of directors

1. Executive Chairman Masli Mulia

2. Executive Director dan CEO Asmari Herry Prayitno

3. Executive Director, Commercial Lim Kee Hee

4. Executive Director, Finance Hermawan F. Herman

5. Independent and Non-Executive DirectorChng Hee Kok

6. Independent and Non-Executive Director Quah Ban Huat

7. Independent and Non-Executive Director Ng Chee Keong

8. Independent and Non-Executive Director Nicholas Peter Ballas

1 2 3457 68

SAMUDERA SHIPPING LINE LTD

Page 4: Strengthening our focus on growthsamudera.listedcompany.com/newsroom/20180425... · document in other jurisdictions may be restricted by law and persons into whose possession this

corporate snapshotSAMUDERA SHIPPING LINE LTD

team fleet serving

>250 persons

(excluding crew)33vessels

>45ports

Container

Shipping

88%

Bulk &

Tanker

9%

Agency &

Logistics

3%

Turnover

Page 5: Strengthening our focus on growthsamudera.listedcompany.com/newsroom/20180425... · document in other jurisdictions may be restricted by law and persons into whose possession this

performance highlight SAMUDERA SHIPPING LINE LTD

Healthy turnover on the back of higher revenue contribution from an increase in container volume handled (1.3m teus in FY17 vs 1.2m teus in FY16) and higher freight.

Improved profitability in bulk & tanker business segment.

In absence of impairment losses for FY17 (FY16 US$7.7m) and lower provision for bad debt, the Group recorded a profit of US$5.9m

FY17 vs. FY16

391.2 364.2

317.7

260.5 283.7

FY13 FY14 FY15 FY16 FY17

Turnover (US$M)

9.2

31.7

27.2

14.6 17.7

FY13 FY14 FY15 FY16 FY17

Gross Profit (US$M)

(2.2)

14.3

4.2

(5.4)

5.9

FY13 FY14 FY15 FY16 FY17

Net Profit (loss) after NCI (US$M)

Page 6: Strengthening our focus on growthsamudera.listedcompany.com/newsroom/20180425... · document in other jurisdictions may be restricted by law and persons into whose possession this

operational review

(US$ Mil) FY2017 FY2016

Turnover 250.7 225.4

Cost of Service (239.6) (213.4)

Gross Profit 11.1 12.0

SAMUDERA SHIPPING LINE LTD

CONTAINER SHIPPING

� Higher container volume handled

- 1.3 mil teus in FY17 vs 1.2 mil teus FY16

� Higher freight rates in FY17 across various

shipping routes

� Collaboration with partners to strengthen &

reinforce our market presence

� Higher bunker price

Page 7: Strengthening our focus on growthsamudera.listedcompany.com/newsroom/20180425... · document in other jurisdictions may be restricted by law and persons into whose possession this

operational review

(US$ Mil) FY2017 FY2016

Turnover 26.9 30.3

Cost of Service (25.8) (32.6)

Gross Profit 1.1 (2.3)

SAMUDERA SHIPPING LINE LTD

BULK & TANKER SHIPPING

� Disposal of older vessels

� Tanker fleet gainfully employed

� Improvement in dry-bulk charter

rates

Page 8: Strengthening our focus on growthsamudera.listedcompany.com/newsroom/20180425... · document in other jurisdictions may be restricted by law and persons into whose possession this

operational review

(US$ Mil) FY2017 FY2016

Turnover 8.4 7.0

Cost of Service (3.0) (2.1)

Gross Profit 5.4 4.9

SAMUDERA SHIPPING LINE LTD

AGENCY & LOGISTICS

� Representing more principals in India

� Increase in forwarding activities in UAE

� Set up warehouse at Port Klang Free Zone

Page 9: Strengthening our focus on growthsamudera.listedcompany.com/newsroom/20180425... · document in other jurisdictions may be restricted by law and persons into whose possession this

financial highlightsSAMUDERA SHIPPING LINE LTD

43.77

46.60 45.98

44.63

45.67

FY13 FY14 FY15 FY16 FY17

NAV per share (US cents)

-

1.75

0.72 0.50

0.75

FY13 FY14 FY15 FY16 FY17

Dividend per share (SG cents)

(0.41)

2.65

0.78

(1.01)

1.10

FY13 FY14 FY15 FY16 FY17

EPS (US cents)

0.68

0.54

0.43 0.35

0.26

FY13 FY14 FY15 FY16 FY17

Gearing (times)

*

* Subject to shareholders’ approval

Page 10: Strengthening our focus on growthsamudera.listedcompany.com/newsroom/20180425... · document in other jurisdictions may be restricted by law and persons into whose possession this

operating environmentSAMUDERA SHIPPING LINE LTD

1. Consolidation of mainline carriers

2. More mega containerships calling at Singapore

3. Volatile bunker price

4. Increase in commodity and energy price leading to

higher trading volume

5. Opportunities in trade growth between China and

other Asian countries

Page 11: Strengthening our focus on growthsamudera.listedcompany.com/newsroom/20180425... · document in other jurisdictions may be restricted by law and persons into whose possession this

going forwardSAMUDERA SHIPPING LINE LTD

1. Tap opportunities arising from consolidation of main line shipping operators

2. Stay nimble and responsive

3. Improve income streams by

• expanding logistics business

• increasing activity in dry bulk market

• partnerships with other regional players to provide shipping services

4. Increase asset utilization

5. Rejuvenate our fleet

Page 12: Strengthening our focus on growthsamudera.listedcompany.com/newsroom/20180425... · document in other jurisdictions may be restricted by law and persons into whose possession this