PT Acset Indonusa Tbk · IDX:ACST
PT Acset Indonusa Tbk — 1H 2019 Earnings Presentation
34 slides from PT Acset Indonusa Tbk's earnings presentation, August 2019
Slide 1: PT Acset Indonusa Tbk Performance Update 1H'2019
PT Acset Indonusa Tbk Performance Update 1H’2019
Slide 2: Disclaimer
Disclaimer The material in this presentation has been prepared by PT Acset Indonusa Tbk (ACSET) and is general background information about ACSET activities current as at the date of this presentation and are subject to change without prior notice. This information is given in summary form and does
Slide 3: Contents
Contents Company Profile Business Profile & Operations Business Strategy Financial Highlights & Updates 3
Slide 4: Company Profile
4 Company Profile
Slide 5: Overview
Overview Indonesia’s Leading Integrated Construction Company PT Acset Indonusa Tbk (“ACSET”) is an integrated construction company, providing technical and construction services in foundation, building, civil engineering, infrastructure and ground engineering specialist works. ACSET is one of the fe
Slide 6: Major Milestones
Major Milestones *Initial Public Offering (listed Company in Indonesia *Develop competences in civil works for 2001 2008 2012 silo (the largest: Silo Gresik kind in Tuban IV) indonesia Established as ind. s in Build ky Develop first competence in structure works in Surabaya
Slide 7: Part of Indonesia's Largest Business Group
Part of Indonesia’s Largest Business Group Manufacture & Distribution, (Market Share 51% for cars and 75% for motorcycles) Construction Machinery Market Leader Banking, general and life insurance, (36% market shares) leasing company Mining Contracting coal production 125mil ton CPO producer, 1.9 mio
Slide 8: Shareholding Structure
Shareholding Structure 100.0% Acset Indonusa Co., Ltd. (Vietnam), Est. 2008 General Contractor Services 100.0% 99.9% Innotech Systems, Est. 2011 Formwork Services Karya Supra Perkasa Mechanical, Electrical & 60.0% Bintai Kindenko Engineering Indonesia, Est. 2012 Plumbing (MEP) Contractor 96.5% Contr
Slide 9: On Going Project - 1
On Going Project - 1 Grand Mansion, Jalan Millenium Centennial Borobudur (Finishing), Terrace Diamond Tower Center, Jakarta Jakarta Thamrin Nine, Jakarta Project, Jakarta Jakarta International College, Jakarta AHEMCE Employment West Vista, Jakarta Centre, Jakarta LRT Cawang – Dukuh Atas MTH 27 Offic
Slide 10: On Going Project - 2
On Going Project - 2 Terminal Peti Kemas, Belawan PLTU SOMA Karimun (2x31 MW Grosi) Indonesia Cirebon II Run Off Pond PLTU Coal-Fired Power Batang Jawa 1, Civil Work Plant Cibatu Cilamaya SILO PLTU Jepara, Mayapada Hospital, Tanjung Jati Bandung Patimban Port, Soil Improvement Works, Subang Fly Ash
Slide 11: Management
Management ACSET is managed by a dedicated professional, experienced team. BOARD OF COMMISSIONERS BOARD OF DIRECTORS FRANS KESUMA JEFFREY G. CHANDRAWIJAYA President Commissioner President Director IWAN HADIANTORO HILARIUS ARWANDHI Commissioner Director Tan Tiam Seng Ronnie ELLYJAWATI Commissioner Di
Slide 12: Organizational Structure
Organizational Structure Board of Commissioners Audit Committee Nomination & Board of Directors Corporate Secretary & Remuneration Committee Legal Internal Audit Corporate Planning & Strategy Director Director Director Director Director Business Finance & Control Human Capital & Foundation & Soil Bu
Slide 13: Business Profile & Operations
13 Business Profile & Operations
Slide 14: Areas of Expertise
Areas of Expertise Demolition Foundation General Infrastructure Marine Works Works Works Building Works Works M A •Geotechnical I Works Controlled- Civil engineering N •Bored Pilling & High rise and demolition with related works •Underwater Diaphragm Wall complex E minimal impact that include but fo
Slide 15: Demolition Works
Demolition Works CIMB Niaga & Sequis Office Building, Jakarta 15
Slide 16: Bored Piling & Diaphragm Wall
Bored Piling & Diaphragm Wall Thamrin Nine Project Indonesia 1 Project 16
Slide 17: General Building Works
General Building Works Residence 8 Project Centennial Tower Project 17
Slide 18: Infrastructure Works
Infrastructure Works Construction of Additional Transaction Line, Balaraja Construction of Toll Gate, Cilegon Barat Timur Kertosono – Mojokerto Toll Road Kertosono – Mojokerto Toll Road 18
Slide 19: Marine Works
Marine Works Approach Bridge Suramadu Approach Bridge Suramadu Approach Bridge Suramadu 19
Slide 20: Soil Improvement Works
Soil Improvement Works ACSET Sea 1 (Cement Deep Mixing Barge) 20
Slide 21: Slipforming & Formwork System
Slipforming & Formwork System Silo of PT Semen Indonesia Tuban IV Silo of Bosowa Mataram 21
Slide 22: Project Portfolio: Foundation Projects
Project Portfolio: Foundation Projects 1. Indonesia 1, Jakarta 20. Plaza Ambarukmo, Yogyakarta 2. Millenium Centennial Tower, 21. Soil Improvement Work 18 Jakarta (Central Java Project), Batang 3. Taman Anggrek Residences, 22. Mixed-use Development Jakarta Kebon Sirih, Jakarta 4. Mangkuluhur City, J
Slide 23: Project Portfolio: Structural Projects
Project Portfolio: Structural Projects 1. Indonesia 1, Jakarta 16. Supermall PTC Pakuwon 2. Millenium Centennial Indah, Surabaya 17 Tower, Jakarta 17. Sun Plaza, Medan 3. Thamrin Nine, Jakarta 18. Tunjungan Plaza IV, 4. District 8 Mixed-Use and Surabaya 14 15 Langham Tower 19. Artotel Sanur, Bali 18
Slide 24: Project Portfolio: Civil & Infrastructure
Project Portfolio: Civil & Infrastructure 1. Tanjung Priok Access Road (phase II), Jakarta 12. Construction of toll gate and transaction line, Balaraja 2. Blending silo of PT Semen Gresik Rembang, Central Java Timur and Cilegon Barat, Banten 3. Silo, Packer, and Pen Building of PT Semen Indonesia, 1
Slide 25: Current Project Portfolio: Demolition Projects
Current Project Portfolio: Demolition Projects 1. CIMB Niaga & Sequis Office Building, Jakarta 1 2. International Financial Center Tower II Car Park, 2 Jakarta 25
Slide 26: Current Project Portfolio: MEP Projects
Current Project Portfolio: MEP Projects 4 3 1. Mixed–Use Development Indonesia 1, Jakarta 2. Jakarta MRT Project – 4 stations (Bundaran Senayan, Istora Senayan, Bendungan Hilir and 1 Setiabudi) 2 3. Hotel Harris & Yello, Jakarta 4. Bintan Residence 26
Slide 27: Financial Highlights
27 Financial Highlights
Slide 28: Annual Revenue by Sector, FY 2015 – 1H'2019
Annual Revenue by Sector, FY 2015 – 1H’2019 2015-Q2’2019 (in % breakdown) (4%) (2%) (6%) (8%) 2% 2% (19%) (37%) (63%) (76%) (77%) (71%) (76%) (63%) (9%) (5%) (4%) (8%) (24%) (17%) (14%) (13%) 2015 2016 2017 2018 Q2'2018 Q2'2019 Construction Sector Foundation Sector Infrastructure Others 28
Slide 29: Net Income, FY 2015 – 1H'2019
Net Income, FY 2015 – 1H’2019 Net Income, 2015-Q2’2019 (in IDR billion) 200 154 100 42 68 73 18 Net income (IDR billion) 0 2015 2016 2017 2018 Q2'2018 Q2'2019 -100 -200 -300 (404) -400 -500 29
Slide 30: Financial Highlights, FY 2015 – 1H'2019
Financial Highlights, FY 2015 – 1H’2019 in IDR Million 2015 2016 2017 2018 Q2'2018 Q2'2019 Net Revenue 1,356,868 1,794,002 3,026,989 3,725,296 1,658,871 1,545,297 Gross Profit 224,374 279,639 465,900 699,287 327,305 (26,094) Gross Profit Margin 16.5% 15.6% 15.4% 18.8% 20% -2% Operating Profit 130,91
Slide 31: Business Strategy & Updates
31 Business Strategy & Updates
Slide 32: Our Strong Foundation
Our Strong Foundation Our competitive advantages set us apart from our competitors. Integrated •The only construction company in Indonesia capable of undertaking works from deepest foundation and basement to high-rise structures (integrated) Experience •More than 24 years of experience Competitive •
Slide 33: Business Strategy
Business Strategy Put forward safety and Diversification to quality principles as infrastructure and soil- differentiation improvement works factors of the Company Strengthen Establish strategic competences and alliance both with value chain, actively Astra Group network seek for new opportunities a
Slide 34: We Build Trust & Partnership Thank You
34 We Build Trust & Partnership Thank You www.acset.co