Company UpdatePT Waskita Beton Precast Tbk

FY - 2018

Establishment of Precast Division

Establishment of PT Waskita Beton Precast as subsidiary

October 2014

2013

20142015

2016

IPO & Listed on IDXSeptember 2016

0.62

0.80

1.80

2.65

5x

Public

59.99% 40.01%

20173.25

MSCIMay 2017

Buyback 7%Jul – Dec 2017

X

3.50

2018

Precast Division

Production Capacity (Million Ton per Year)

2

Milestones

LQ-45 & Kompas 100January 2018

Company Group Structure

3

PT Waskita Beton Precast Tbk

Koperasi Waskita0.00005%

PT Waskita Karya Tbk59.99995%

Public33.00000%

Treasury Stock7.00000%

PT Waskita Karya Tbk

59.99%

PT Waskita Beton Precast Tbk

99.99%

PT Waskita Karya Realty

77.11%

PT Waskita Toll Road PT Waskita Karya Infrastruktur

99.99%

Waskita Group

Shareholders Structure

4

To Become Leading Company In Indonesia InManufacturing Sector of Precast, Readymix, Quarry,Construction Service And Post-tension Precast Concrete.

1. Making the product continuously, meeting thecustomer’s requirements as well as be innovative inproduct development and in gaining recognitionfrom customers.

2. Creating competent human resources and experts inthe Precast, Ready Mix, Quarry, ConstructionServices and Posttension Precast ConcreteIndustries.

3. Establishing mutually beneficial relationships withparties that contribute to the company’sadvancement.

3. Employing information technology to increasecompetitiveness.

Vision:

Mission:

Vision & Mission

Precast Readymix

Construction Services

Cibitung(350,000 ton)

Sidoarjo(400,000 ton)

Palembang(200,000 ton)

Kalijati (250,000 ton)

Karawang(450,000 ton)

Bojonegara (350,000 ton)

Subang(350,000 ton)

Klaten(150,000 ton)

Sadang(375,000 ton)

Gasing(350,000 ton)

Legundi (275,000 ton)

Plant (11) : 3,500,000 Ton/Year Batching Plant (73)

5

Line of Business

Jabodetabek1. Becakayu2. Cakung3. Desari4. Karawaci5. Bocimi 1-49. Japek 1-312. Kunciran-Serpong13. Kunciran-Parigi14. Cinere-Serpong15. CCTW 2-317. Tambun18. Babelan

Sumatera1. Sedomulyo2. Kayuagung 1-24. Jakabaring 2-36. Tongkang7. Lampung8. Bandar Agung STA 119. Gunung Batin STA 2710. Wonokerto STA 3611. Menggala STA 4512. Bujungdewa STA 53

13. Gilang Tunggal Makarta STA 55

14. Bumi Harapan STA 7915. Srigedung Mulya STA

9216. Simpang Pematang

STA 9917. Lalang18. Kuala Tanjung

Central Java1. Adiwerna2. Balamoa 1-35. Warureja 1-38. Petakuran9. Bojong10. Warungasem11. SS Pemalang12. Candiareng13. Kandeman14. Gringsing15. Sumberagung16. Pegandon17. Rejosari18. Ngaliyan

19. Masaran20. Kebonromo21. Banaran22. Tingkir23. Ampel24. Boyolali

East Java1. Walikukun2. Grudo 1-24. Baderan5. Balerejo6. Muneng7. Tongas8. Legundi9. Tanjung10. Boboh11. Tebaloan

Yogyakarta1. Kulonprogo

Sulawesi1. Manado

6

Plant Location

Gasing

Palembang

Bojonegara

Karawang Kalijati

Cibitung

Subang

SadangKlaten

Sidoarjo

Legundi

7

Line of ProductP

reca

st

L GUTTERU DITCH CCSP U GUTTER DIAFRAGMA WALLFCSP

BOX GIRDER PCI GIRDER

PCU GIRDER

PCT GIRDER SPUN PILE 60cmSQUARE PILE

RC PLATE BARRIER HALF SLABFULL SLAB VOIDED SLAB

SPUN PILE 1,2m

K100 – K1000

Rea

dym

ix

SPRIG WP RC PIPE RAILWAY SLEEPER ELECTRIC POLE

New

Pro

du

cts

Quarry

Truck Mixer

Location

Bojanegara, Cilegon

Pasuruan, Lumbang

Rumpin, Bogor

Salatiga, Boyolali

Talun, Pekalongan

8

Laboratory

Operational Support

9

PPKA Cibitung - CilincingJakarta - Cikampek Legundi - Bunder

Pekanbaru - Dumai KAPBCCTW I & II Bocimi

Major Projects

10

*

Operational Highlights

New Contract Orderbook

Revenue Net Profit

(In IDR Billion)

Note: 2014 figures are for the Full Year figure for the period from January to December 2014 (Precast Division and PT Waskita Beton Precast Tbk)

642

2,644

4,717

7,104

8,000

2014A 2015A 2016A 2017A 2018A

140

334

635

1,0001,103

2014A 2015A 2016A 2017A 2018A

Note: Orderbook as of December 2018: IDR 17.35 Trillion (including carry over 2017 of IDR 10.68 Trillion)

4,0992,655

12,22711,032

6,665

2014 2015 2016 2017 2018

4,4085,870

15,051

21,208

17,345

2014 2015 2016 2017 2018

11

Financial Highlights

Total Equity

Total Asset Total Liabilities

(In IDR Billion)

1,203

4,332

13,734 14,920 15,222

2014A 2015A 2016A 2017A 2018A

500

3,002

6,329

7,603 7,340

2014A 2015A 2016A 2017A 2018

702 1,331

7,406 7,317 7,882

2014A 2015A 2016A 2017A 2018A

12

Financial Highlights: Financial Position Statements

(In IDR Million, except %)

Description FY16 FY17 FY18 FY17/16 FY18/17

Cash and Cash Equivalents 4,205,820 1,028,346 1,299,204 -75.5% 26.3%

Account Receivables 5,626,188 6,627,124 4,254,476 17.8% -35.8%

Inventory 231,947 858,693 2,228,092 270.2% 159.5%

Gross Amount 583,726 2,090,744 1,242,301 258.2% -40.6%

Fixed Assets 1,932,852 3,148,701 4,726,298 62.9% 50.1%

Other Assets Account 1,153,733 1,165,940 1,472,018 1.1% 26.3%

Total Assets 13,734,267 14,919,548 15,222,389 8.6% 2.0%

Interest Bearing Debt 3,355,985 4,988,008 5,463,099 48.6% 9.5%

Account Payables 2,433,503 2,318,210 1,404,921 -4.7% -39.4%

Other Liabilities Account 539,278 296,675 472,056 -45.0% 59.1%

Total Liabilities 6,328,766 7,602,893 7,340,076 20.1% -3.5%

Total Equity 7,405,501 7,316,655 7,882,313 -1.2% 7.7%

13

Financial Highlights: Profit and Loss Statements

Description FY16 FY17 FY18 FY17/16 FY18/17

Revenues 4.717.150 7.104.158 8.000.149 50,6% 12,6%

Gross Profit 1.219.218 1.948.191 1.846.282 59,8% -5,2%

Operating Profit 1.112.827 1.533.676 1.649.802 37,8% 7,6%

EBITDA 1.229.953 1.908.480 2.038.346 55,2% 6,8%

Other Income/Expenses 52.111 88.120 37.469 69,1% -57,5%

Financial Charges (214.310) (462.208) (331.723) 115,7% -28,2%

Net Profit 634.819 1.000.330 1.103.473 57,6% 10,3%

Gearing Ratio 45,3% 68,2% 69,3%

Gross Margin 25,8% 27,4% 23,1%

Operating Margin 23,6% 21,6% 20,6%

EBITDA Margin 26,1% 26,9% 25,5%

Net Profit Margin 13,5% 14,1% 13,8%

(In IDR Million, except %)

DisclaimerThis material is for information only, and we are not soliciting any action based upon it. This report is not to be construed as an offer to sell or thesolicitation of an offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. The information herein has beenobtained from sources believed to be reliable, but we do not warrant that it is accurate or complete, and it should not be relied upon as such.Opinion expressed is our current opinion as of the date appearing on this material only, and subject to change without notice. It is intended for theuse by recipient only and may not be reproduced or copied/photocopied or duplicated or made available in any form, by any means, orredistributed to others without written permission of PT Waskita Beton Precast Tbk.

Thank You

Head Office: Gedung Teraskita Jakarta, 3 & 3A Floor Jl. MT. Haryono Kav. No. 10A Cawang, Jakarta 13340Ph. (+6221) 22892999Website: www.waskitaprecast.co.id