Source file signed link, expires in 15 minutes
Extracted text 20
Page 1
PUBLIC EXPOSE
1
ENERGI UNTUK BANGSA DARI ANAK BANGSA
PT GTS INTERNASIONAL TBK
DECEMBER 20TH 2023
Copyright Corporate Secretary GTSI
Page 2
Table of Content
The information that follows is a presentation of general background information about PT GTS Internasional Tbk.
01. Overview (the “Company” or “GTSI”) prepared by the Company. The information contained in this presentation shall be
treated as strictly confidential.
This presentation has been prepared for information purposes only. This presentation does not constitute as
prospectus or other offering memorandum in whole or in part. None of the information appearing in this
presentation may be distributed to the press or other media or reproduced or redistributed in the whole or in part
in any form at any time. Any recipient of this presentation and its directors, officers, employees, agents and
affiliates must hold this presentation and any information provided in connection with this presentation in strict
confidence and may not communicate, reproduce, distribute or disclose to any other person, or refer to them
publicly, in whole or in part.
02. Financial Performance
The information contained in this presentation is not intended for potential investors and does not constitute an
offer to sell or the solicitation of an offer to buy any securities in the United States, Indonesia or any other
jurisdiction, and neither this presentation nor anything contained herein shall form the basis of or be relied on in
connection with any contract or commitment whatsoever. Certain statements in this document may constitute
“forward-looking statements”, including statements regarding the Company’s expectations and projections for
future operating performance and business prospects. Such forward-looking statements are based on numerous
assumptions regarding the Company’s present and future business strategies and the environment in which the
Company will operate in the future. Such forward-looking statements speak only as of the date on which they are
03. Market Outlook made. Accordingly, the Company expressly disclaims any obligation to update or revise any forward looking
statement contained herein to reflect any change in the Company’s expectations with regard to new information,
future events or other circumstances. The Company does not make any representation, warranty or prediction
that the results anticipated by such forward looking statements will be achieved, and such forward looking
statements represent, in each case, only on of many possible scenarios and should not be viewed as the most
likely or standard scenario.
04. Business Outlook Accordingly, no representation or warranty, express or implied, is made as to, and no reliance should be placed
on the fairness, accuracy, completeness or correctness of the information and opinions in this presentation, nor is
it intended to be a complete statement or summary of the resources markets or developments referred to in this
presentation. Accordingly, none of the Company or its subsidiaries or any of its agents or advisers, or any of their
respective affiliates, advisers or representatives, undertake to update or revise any information, including forward-
looking statements, whether as a result of new information, future events or otherwise and none of them shall
have any liability (in negligence or otherwise) for any loss howsoever arising from any use of this presentation or
its contents or otherwise arising in connection with this presentation. It should not be regarded by recipients as a
substitute for the exercise of their own judgment.
By accepting delivery of all or part of this presentation, the recipient agrees to maintain absolute confidentiality
regarding the information disclosed in this presentation and to be bound by the statements, restrictions and
limitations set forth herein and agrees to keep confidential the existence and scope of this presentation and of all
conversations. Any failure to comply with these restrictions may constitute a violation of applicable securities law.
1
Copyright Corporate Secretary GTSI
Page 3
OVERVIEW
2
Copyright Corporate Secretary GTSI
Page 4
Professional Leadership
BOARD OF DIRECTORS
TAMMY MEIDHARMA – President Director DANDUN WIDODO – Director
• Bachelor Degree of Naval Architecture • Bachelor of Management in Finance at University Prof.
• Vast experience in naval architecture, shipbuilding Dr. Moestopo in 1993
engineering, and ship operation for more than 30 • Vast experience in financial and accounting areas
years. within Oil & Gas operation for more than 30 years
• Previously served as CEO of Nusantara Regas, Senior • Currently served as President Director PT Humolco LNG
Management of Pertamina Indonesia , PT Bhaskara Inti Samudra, PT Permata
Khatulistiwa Regas, PT Hikmah Sarana Bahari
BOARD OF COMMISSIONERS
TONNY AULIA ACHMAD – President Commissioner IMAM SUPRIYADI – Independent Commissioner
• Bachelor of Economic In Accounting at Andalas
• Holds a Doctorate in Strategic Management from
University
University of Indonesia in 2011
• Experience in various other functional and strategic
• Experience in various functional position as a strategic
position in several company
consultant
• Previously served as President Director of PT
• Currently serving as lecturer of National Security
Humpuss Intermoda Transportasi Tbk
Program at University of Indonesia and Energy
Security Program at Indonesia Defence University
3
Copyright Corporate Secretary GTSI
Page 5
Excellent Teamwork
BUSSINESS DEVELOPMENT TEAM
HERU PRASETYO –
• Chief Officer in LNGC
• 20 Years experience in LNG Carrier and ship
Management
• Currently served as Director PT Bhaskara Inti
Samudera ( subsidiary of PT GTS Internasional Tbk)
YEREMIA K – Commercial Ast. Manager
• Holds Master of Laws
• Experienced for more than 11 years in LNG
Storage & Transportation business in
commercial, contract implementation and
regulation compliance aspects.
4
Copyright Corporate Secretary GTSI
Page 6
1986 1990 1994 1999 2019 - 2020 2022
2015
Establishment of Humolco
ST Ekaputra begins ST Dwiputra begins to ST Surya Satsuma with GTSI wins tender for LNG supply FSRU Jawa Satu construction at First Breakbulking in Indonesia
A new venture between
operations under Humolco operate under 22,500 CBM begins to newly launched Benoa FRU the Samsung Heavy Industries, Korea utilizing FSRU Jawa Satu
HIT with Mitsui O.S.K Lines
Humolco construction at NKK Corp. first small scale LNG vessel in and delivered in end of 2020.
Ltd.
Indonesia between Bontang and (170,000 cbm capacity)
Benoa
Humolco supervises the ST Dwiputra with ST Surya Aki with GTSI joins the consortium Acquire ANOA as future FSRU construction plan
ST Surya Satsuma
construction of its first 125,000 CBM, 19,000 CBM vessel between Pertamina, Marubeni Initial Public Offering
ventures to sea under
vessel, ST Ekaputra with construction is started managed by Humolco and Sojitz. Java 1 FSRU projects
GTSI’s management. New Contract: BP Tangguh
136,000 CBM vessel built by Mitsubishi begins to operate. will begin in 2021 COD FSRU awa Satu
by Mitsubishi
1987 1986 1996 2000 2016
2021 2023
With more than 30 years experience
of LNG Vessel safety and excellence
MILESTONE
operation, PT GTS Internasional Tbk
is the first Indonesian LNG
transport company
5
Copyright Corporate Secretary GTSI
Page 7
Company Structure
GTSI and Its subsidiaries (“GTSI Group”) is part of Humpuss Group, become the key business to ensure clean and better energy
PT Humolco LNG Indonesia : HLI PT Hikmah Sarana Bahari : HSB PT Bhaskara Inti Samudra : BIS
PT Permata Khatulistiwa Regas : PKR PT Anoa Sulawesi Regas : ANOA
15,21% 84,79%
PUBLIC
99,96% 100% 51% 99,96% 99,9%
HLI HSB BIS PKR ANOA
Ship Management Ship Owner Ship Owner Ship Owner
Managed by HLI
Owned by GTSI Group 3rd Party Vessels
Ekaputra I Triputra FSRU Jawa Satu Surya Aki
136,000 cbm 22,500 cbm 170,000 cbm 19,500 cbm
6
Copyright Corporate Secretary GTSI
Page 8
FINANCIAL PERFOMANCE
7
Copyright Corporate Secretary GTSI
Page 9
FINANCIAL PERFORMANCE
Effective Cost Management and Consistently Increasing Net Profit
Revenue In thousand USD
45,000 41,226 Net Profit In thousand USD
9,000
40,000
7,685
35,000 31,108
8,000 7,316
30,000 7,000 6,362
24,475
6,000
25,000 21,142 5,126
20,000 16,995 5,000 4,566
4,179
15,000
13,503 4,000
10,450 10,367 2,827
10,000 3,000
5,000
1,883
2,000
1,000
Q1 Q2 Q3 Full Year
Q1 Q2 Q3 Full Year
2022 2023 2022 2023
Net Profit Margin Presentations are tools that can be
50.00%
used as lectures, speeches.
46.39%
45.00%
40.00%
35.00%
31.24%
30.00%
27.27%
25.00% 19.77%
20.00%
14.68%
15.00%
18.02%
10.00%
5.00%
0.00%
Q1 Q2 Q3
2022 2023 8
Copyright Corporate Secretary GTSI
Page 10
FINANCIAL PERFORMANCE
Healthy Balance Sheet and Robust Equity
Balance Sheet In thousand USD
250.00%
300,000
197.08%
250,000
200.00% 185.07%
56,962
59,789
200,000
61,861 60,907
60,322 150.00% 134.05% 126.07%
126.84%
150,000
66,840
59,121 98.88%
42,626 42,705 46,413
100.00%
68.91% 70.12% 70.79%
100,000 112.46%
Presentations are tools that can be
123,802 118,910 50.00% used as lectures, speeches.
50,000 104,486 103,612 106,736
0.00%
2022 Q1 - 2023 Q2 - 2023 Q3 - 2023 2023F 2022F Q1 - 2023 Q2-2023 Q3-2023 2023F
Assets Liabilities Equity
Current Ratio 112.46% 134.05% 197.08% 185.07% 126.07%
Debt to Equity Ratio 126.84% 98.88% 68.91% 70.12% 70.79%
9
Copyright Corporate Secretary GTSI
Page 11
MARKET OUTLOOK
10
Copyright Corporate Secretary GTSI
Page 12
GLOBAL ENERGY TREND
2023 Onward
Energy demand by source increase 15% by
2050 :
55% will be meet by oil and gas
14% will be met by renewables
Global Oil and Gas investment
Energy demand by sector in 2025 30%
increase for transportation –related energy expected to reach US$640 Billion
demand in 2030
13
Copyright Corporate Secretary GTSI
Page 13
NATURAL GAS CONSUMPTION INCREASE
Due Polluting fossil Fuel Issue
Source : skkmigas presentation A Look at the Future of Indonesa’s Gas and LNG Sector , 13 June 2023
14
Copyright Corporate Secretary GTSI
Page 14
INDONESIA ECONOMIC STILL ROBUST
Source: World Bank; World Bank estimates and projections.
Note: Percent growth of GDP at market prices. Values for 2022 for the small island economies refer to GDP growth estimates.
Myanmar growth rates refer to the fiscal year from October to September.
11
Copyright Corporate Secretary GTSI
Page 15
INDONESIA INVESTMENT CLIMATE
(INVESTMENT RATING : BBB) Source : HIS Markit now a part of S&P GLOBAL
Indonesia LT FC Rating comparing to Asia Pasific Country
Source : skkmigas presentation A Look at the Future of Indonesa’s Gas and LNG Sector , 13 June 2023
Source : https://disclosure.spglobal.com/sri/
12
Copyright Corporate Secretary GTSI
Page 16
NATURAL GAS INFRASTUCTURE AND DEMAND DEVELOPMENT
Source :
Directorate General Oil and Gas
SKK Migas Presentation Gas & LNG as a “bridge” for future sustainable energy (June 2023)
15
Copyright Corporate Secretary GTSI
Page 17
NATURAL GAS DEMAND AND SUPPLY PROSPECT
Source :
Directorate General Oil and Gas
SKK Migas Presentation Gas & LNG as a “bridge” for future sustainable energy (June 2023)
16
Copyright Corporate Secretary GTSI
Page 18
BUSINESS OUTLOOK
17
Copyright Corporate Secretary GTSI
Page 19
Business Outlook
Strengthen Core Business Expansion in Gas Industry Strategic Partnership
In order to grasp potential Discovering new Forming alliance with
markets (domestic and opportunities in market leaders and key
International), company will horizontal and vertical stakeholders to elevate
increase its market shares by expansion along the gas the business scale.
optimizing, strengthening and supply chain in order to
developing its core business. strengthen GTSI’s
position in the industry.
18
Copyright Corporate Secretary GTSI
Page 20
THANK YOU
PT GTS Internasional Tbk
Mangkuluhur Office Tower, 26th Floor
Jl. Jend Gatot Subroto Kav 1-2
www.gtsi.co.id
Copyright Corporate Secretary GTSI
Names mentioned 0 people and organisations named in the text · linked when the evidence is strong
The name pass has not read this document yet.
Extraction attempts how the parser did, and what it refused
Nothing structured was extracted from this document — the attempts below say why.
No extraction attempted yet.