20240502_SKLT_Public Expose_31633460_lamp1.pdf

Hasil RUPS Tahunan 2024 :

   1. a. Approved the Annual Report and Ratification of the Consolidated Financial Statements for the
        Financial Year 2023.
      b. With the acceptance of the Annual Report and the approval of the Consolidated Financial
        Statements for the Financial year 2023, in accordance with the provisions of Article 19 paragraph
        3 of the Company’s Articles of Association, the members of the Board of Directors are granted
        full discharge of responsibility for management actions and to member of the Board of
        Commissioners for supervisory actions. They have done during the financial year 2023 (acquit et
        de charge) to the extent that these actions are reflected in the Financial Statements and Annual
        Report of the Company.
   2. a. Approved use of profit of the financial year 2023 and determination of dividend distribution to
        shareholders by IDR 5 (five rupiahs) per share;
      b. Authorized the Board of Directors of the company to determine the date of the distribution of
        cash dividens to the shareholders of the company.
   3. Authorized the Board of Commissioners of the company to appoint Public Accountant to audit the
      books of the company for the financial year 2024 and authorized to determine the amount of
      honorarium and requirements of the Public Accountant in accordance with the decision of this
      meeting.
   4. Give authority to the company’s Board of Commissioners to determine the amount of
      remuneration for members of the Company’s Board of Directors and Board of Commissioners.

                                      KINERJA PERSEROAN

1. Kinerja Usaha

   In the Midst of the world economy which is in the process of recovering, we are grateful to be able
   to pass 2023 with a quite satisficatory achievement. In the midst of ongoing global challenge, PT
   Sekar Laut Tbk was able to maintain its business performance throughout 2023. Making this
   achievement is not easy, the achievement is supported by the imporving purchasing power and
   increasing mobility in the comunity. Therefore, the company continues to strive to maintain the
   production and distribution of its products. This is reflected in the company’s revenue which
   reached IDR 1,794 billion and the compnay’s profit which increased by 18% when compared to
   profit in 2022, which can be interpreted as the company’s success to survive even in the midst of a
   crisis.

2. Kendala yang dihadapi

   In 2023, the company is faced with challenges that are different as the challenges in 2022. In 2023,
   the economy is faced with war between Rusia – Ukraine, Palestine – Israel and the increasing
   popularity of products from foreign companies which are starting to enliven the domestic market.
   Neverthless, the company remains to focused on expanding its market area within and outside Java
   and expanding its export share.

   Apart from the challenges above, the company also faces the challenge of fluctuations in prices and
   availability of raw materials due to the impact of El-Nino. This has never been experienced by the
   company in previous year.

3. Neraca Perseroan

   Throughout 2023, the company experienced an increase in current assets of 36%. The largest
   component of the company’s current assets is in trade receivable of IDR 187 billion and
   inventories of IDR 280 billion. The company also posted an increase in fixed assetes of 7%
   compared to 2022. Overall, the company’s total assets increased by 24% from 2022 to 2023.

   The company’s current liabilities increased by 5% in 2023. The largest contribution to current
   liabilities came from short-term bank loans amounting to IDR 161 bilion. We strive to manage the
   debt and liquidity structure, by paying off short-term liabilities more quickly, and increasing
   current assets, so that the decrease in current liabilities shows the company’s improved liquidity
   ability. Long-term liabilities in 2023 increased 7% compared to 2022. The increase in long-term
   liabilities is adjusted to the company’s investment needs. Total company liabilities increased to
   IDR 466 billion in 2023 from IDR 443 billion in 2022. Increased total liabilities by 5% in 2023,
   there was and increase in liabilities caused by company investments.

   During 2023, our equity increased by 38%. The largest contribution to the increase in equity was
   obtained from company’s profit in 2023. This increase in equity demonstrates our ability to
   manage sources of capital into net income, as well as non-debt funding which will have an impact
   on the strength of our capital structure.

4. Prospek Usaha

   In 2023, the company is optimistic that the indonesian economy will get better, considering the
   mobility and purchasing power has increased. The company believes with a good supply chain
   distribution and good product, the business target that have been set can be achieved. Along with
   the uncertain conditions that occur the company balances it with continous innovation, starting
   from product development to marketing. The company must run dynamically with high
   adaptability, of course accompanied by knowledge of market conditions and the ability to seize

new opportunities. The company is optimistic that new opportunities will open up to continue to
issue new products that are hygienic and attractive to the public, without reducing the quality and
quality of the product that have been produced to date. That way, people’s lifestyles will be more
focused on using healthy and practical products. This business opportunity will be the basis for
long-term growth for the company’s business.

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Tanya Jawab :

   •   With the global conditions and challenges that will be faced this year, what is the
       projected growth percentage?
           o We are optimistic that the projection can be achieved between 10-20% and we
               are optimistic that the company’s revenue can reach IDR 2.000.000.000.000

   •   What is the CAPEX in 2024 and what kind of expansion/investment will be made?
         o We budget CAPEX in 2024 to expand the distribution chain, including by
              adding warehouses in a number of locations. The warehouse can maintain
              stock of goods in various areas. We have added warehouses in Palembang,
              Sulawesi, Kupang and Easter Indonesia regions. Throughout the first quarter
              of 2024, CAPEX has been absorbed amounting to IDR 71 billion.

   •   Are the challenges faced by the company the same as last year, and what impact has
       been felt from the strengthening of the dollar and gold (inflation) that has occured?
          o The challenges face are not much different from last year, the impact of
              geopolitics and El-Nino are still being felt this year. The company hopes that
              this year the availability of raw materials can be well maintained. However,
              everything can be done because almost 99% of the raw materials used come
              from within the country and are not affected by the exchange rate fluctuation
              that occur.