Post on 03-Apr-2019
KOPERASI SERBAUSAHA MAKMUR BERHAD (KOSMA)
MAJLIS MESRAKUALA LUMPUR ● TEMERLOH ● KUANTAN
Aspirasi Kegemilangan
BUSINESS STRUCTURE 2014
WUJUD WAWASAN SDN. BHD.
KOSMA TOURISM SDN. BHD.
49%100% 100%
Subsidiaries / Associates
KOPERASI
KOSMA HOLDINGS SDN. BHD.
Business Activities
BUSINESS HOTEL
AR-RAHNUBOUTIQUE
HOTELLADANG SAWIT
BUDGET HOTEL
KILANG SAWIT
BUSINESS STRUCTURE 2015 (W.E.F 1/7/2015)
WUJUD WAWASAN SDN. BHD.
KOSMA TOURISM SDN. BHD.
BUSINESS HOTEL
AR-RAHNUBUDGET HOTEL
BOUTIQUE HOTEL
49%100% 100%
Subsidiaries / Associates
LADANG SAWIT
KILANG SAWIT
KOPERASI
KOSMA HOLDINGS SDN. BHD.
Business Activities
REVIEW OF PERFORMANCE KOSMA ESTATES (Jan – Dec 2015)
Aspirasi Kegemilangan
• Low CPO price (average RM 2,100 to RM 2,200
per ton). Price supported by depreciated
Ringgit.
• Difficulty in recruiting foreign workers (New
regulations by Indonesian government).
• Increasing stock of CPO in Malaysia (2.9 million
tons in November), and low export.
BUSINESS SCENARIO IN 2015
AVERAGE PRICE OF CPO
MONTH CPO PRICE 2015Jan 2,301.50Feb 2,271.50Mar 2,243.50Apr 2,164.00May 2,165.50June 2,268.00July 2,190.50Aug 1,975.00Sept 1,987.50Oct 2,213.00Nov 2,124.00Dec 2,154.50
Average 2,157.50
NATIONAL PALM OIL STOCK (TONS)
ITEM 2013 2014 2015
Jan 2,563,345 1,935,215 1,761,010
Feb 2,425,849 1,656,931 1,735,715
Mar 2,160,810 1,688,093 1,857,861
Apr 1,913,531 1,766,190 2,181,300
May 1,816,341 1,841,341 2,239,726
June 1,647,604 1,656,756 2,142,150
July 1,674,258 1,684,756 2,258,164
Aug 1,668,132 2,053,199 2,492,206
Sept 1,783,773 2,090,529 2,641,567
Oct 1,845,936 2,166,311 2,835,588
Nov 1,978,685 2,280,561 2,908,950
Dec 1,987,111 2,015,789 2,631,612
Average 1,955,448 1,902,973 2,306,987
MONTHLY EXPORT OF PALM OIL
MONTH QUANTITY (TONS)
Jan 1,191,276Feb 972,645Mar 1,182,169Apr 1,175,748May 1,613,586June 1,697,277July 1,612,755Aug 1,607,938Sept 1,678,134Oct 1,711,869Nov 1,499,112Dec 1,483,214
TOTAL 17,440,617
MANAGEMENT STRATEGIES IN 2015
1. Reduce expenditure on non-essential items.
2. Reduce manuring inputs on palms older than
18 years.
3. Focus on recruiting TKI with permit.
4. Continue to focus on increasing labour
productivity and multi – tasking to reduce
labour requirement.
5. Try to achieve 250,000 tons FFB.
LABOUR STATISTICS (DEC 2015)
ESTATE REQUIREMENT ACTUAL SHORTAGE
LGJ 164 147 -17LSK 143 115 -28LBS 121 92 -29LK6 127 103 -24LK7 104 62 -42LK8 161 120 -41LK9 160 119 -41
TOTAL 980 758 -222Ratio 1 : 15.5ha 1 : 20ha
Industry Average 1 : 10ha
STRATEGIES ON LABOUR
1. Target ratio of 1 : 14ha.
2. Provide satisfactory accommodation and
amenities.
3. UTA monitoring workers wages.
1. Out – turn
2. Daily earnings
3. Productivity
4. Target minimum wage of RM 1,000 per month.
5. Multi-Tasking.
6. Mechanization.
ACHIEVEMENTS IN 2015 (Actual vs Budget)
ITEMACTUAL
JAN - DEC 2015BUDGET
JAN - DEC 2015ACTUAL /
BUDGET %
Total Production (MT) 253,591 235,000 108Average FFB Price (RM/MT) 432.29 450.00 96Total FFB Revenue (RM) 109,667,193 105,750,000 104Revenue Expenditure (RM)(Excluding Immature) 45,006,795 48,369,541 93
Immature Cost (RM) 9,425,863 12,234,807 77Depreciation (RM) 2,348,822 2,681,285 88HQ Expenses (RM) 3,325,463 2,907,000 114Cooking Oil Cess(RM) 0 352,500 0GROSS PROFIT (RM) 49,560,250 39,204,867 126
EXPENDITURE CONTROL IN JANUARY – DECEMBER 2015ACTUAL VS BUDGET
ITEM
JAN – DEC 2015 ACTUAL / BUDGET (%)ACTUAL BUDGET
General Charges 13,224,941 14,815,152 89
Upkeep (Mature) 16,788,263 19,596,139 86
Harvesting / Collection
14,993,590 13,958,250 107
(59.12/t) (59.40/t) 100
Immature Expenses 9,425,865 12,234,807 77
AVERAGE YIELD 2014 / 2015
LADANG
T/HA KOSMA / Pahang /
Peninsula M’sia (%)Jan – Dec
2014Jan – Dec
2015
KOSMA 19.47 22.30 -
Pahang 18.41 18.55 +20
Peninsula Malaysia
18.23 18.80 +18
OIL EXTRACTION RATE (JAN – DEC 2015)
Month OER (%)
Jan 19.0Feb 19.8Mar 20.7Apr 20.1May 20.0June 20.0July 20.2Aug 19.1Sept 19.8Oct 20.3Nov 20.6Dec 19.9
Average OER 20.0
COST OF UPKEEP (MATURE AREA) 2014 VS 2015
ItemJan – Dec (RM / Ha)2014 2015
Weeding 132.18 118.75
Pruning 38.42 52.19
Draining 5.42 3.44
Manuring 1,073.11 1,034.52
Pest & Disease 10.15 3.39
Roads & Bridges 110.61 60.39
Thinning / Water Conservation 0.73 0.30
Boundary 3.97 0.35
Supplying/Shade Upkeep 1.56 0.62
COST OF FFB PRODUCTION IN 2015 (JAN – DEC 2015)ACTUAL VS BUDGET
ITEM RM / TONNE
2015 Actual 177.48
2015 Budget 205.83
COST OF FFB PRODUCTION IN 2015 (2015 VS 2014)
ITEMRM / Ton
2014 2015
General Charges 53.93 52.15
Upkeep & Cultivation 78.90 66.20
Harvesting & Collection 58.26 59.12
TOTAL 191.09 177.48
ACHIEVEMENTS IN 2015
1. Higher production than budget by 8%, and
higher than 2014 by 6%.
2. Average yield higher than Pahang by 20%, and
higher than Peninsula Malaysia by 18%.
3. Lower revenue expenditure against budget by
7%, and lower than 2014 by 2%.
4. Cost of production at RM 177.48 per ton lower
than budget by 14% and lower than 2014 by
7%.
5. Gross Profit of RM 49.5 million.
EXPECTED BUSINESS SCENARIO IN 2016
1. Very low production in first half due to severe
drought in 2014 and 2015 (El Nino effect).
2. High price of fertilizers on strength of US
dollar. Expect 15 to 25% increase in prices.
3. Labour shortage as Indonesia impose more
regulations. Cost of recruitment and wages
increase.
4. Price of CPO may increase in first half due to
low production. But it is likely to trend lower in
second half.
5. Price of CPO may fall if Ringgit strengthens.
MANAGEMENT STRATEGIES FOR KOSMA ESTATESIN 2016
1. Further increase in productivity for labour and staff.
I. Better and more efficient tools and equipment.
II. Staff training.
2. Continue prudence on expenditure. Only essential
works to be carried out. Target cost of production at
RM 190 per ton FFB.
3. Reduction in fertilizer inputs for palms older than 18
years by 20% to 30%. But fertilizer inputs for younger
and prime palms remain at optimum level.
4. Non-essential capital items to be with-held.
5. Reduce replanting area for 800ha a year to 450ha in
2016.
ACHIEVEMENTS IN 2015 (KOSMA HOLDINGS)
KOSMABUSINESS
HOTEL
KOSMABOUTIQUE
HOTEL
KOSMAHOLDINGS
KHSBCONSOLIDATION
PENDAPATAN 478,848 162,345 - 641,194
KOS LANGSUNG (420,099) (163,404) - (583,503)
UNTUNG KASAR 58,749 (1,058) - 57,690
PENDAPATAN LAIN 90,466 6,619 1,979 19,065
PERBELANJAANPENTADBIRAN (17,006) (16,648) (20,080) (53,734)
KEUNTUNGAN BERSIH 52,209 (11,087) (18,100) 23,022
JAN FEB YTD 1 YEAR (2015)
PENDAPATAN 48,176 85,218 133,394 312,240
JUMLAH PERBELANJAAN 35,436 42,777 78,213 (333,045)
KEUNTUNGAN / KERUGIANBULAN SEMASA
12,739 42,440 55,180 (19,704)
KEUNTUNGAN / KERUGIAN AWAL TAHUN
(213,583) (193,879)
KEUNTUNGAN /KERUGIAN TERKUMPUL
(158,402) (213,583)
ACHIEVEMENTS IN 2015 & JAN – FEB 2016 (AR-RAHNU)
ACHIEVEMENTS IN 2015 (KOSMA TOURISM)
2015RM
2014 RM
PENDAPATAN 387,543 419,257
KOS LANGSUNG (282,778) (304,680)
KEUNTUNGAN KASAR 104,765 114,577
PENDAPATAN LAIN 9,373 16,029
PERBELANJAAN PENTADBIRAN (57,394) (46,001)
KEUNTUNGAN BAGI TAHUN 56,744 84,605
PERCUKAIAN (16,533) (21,331)
KEUNTUNGAN BAGI TAHUN SELEPAS CUKAI
40,211 63,274
ACHIEVEMENTS IN 2016 (UP TO FEB 2016)Koperasi Unit Ladang Pelarasan Gabungan 2015
Pendapatan (1 Tahun)Keuntungan Unit Ladang 2,563,989 (2,563,989 ) 0 Yuran Pengurusan ladang 672,513 (672,513 ) 0 Yuran Pengeluaran hasil 374,592 (374,592 ) 0
0 -3,611,094 0 (3,611,094 ) 0 -
Ibu PejabatPelaburan 85,157 85,157 48,139,640 Pelbagai Pendapatan 22,800 22,800 LadangFFB Sales 15,053,954 15,053,954 109,667,193 Sundry Income 10,086 10,086
Jumlah Pendapatan (A) 3,719,052 15,064,040 (3,611,094 ) 15,171,997 157,806,833
Perbelanjaan (B)Belanja Ibu Pejabat (1,314,779 ) (1,314,779 ) (9,797,613 )Belanja Operasi Ladang (5,710,633 ) (5,710,633 ) (31,781,854 )Belanja Pentadbiran ladang (2,628,272 ) 374,592 (2,253,680 ) (15,774,451 )Jumlah Perbelanjaan Ibu Pejabat (1,314,779 )Jumlah Perbelanjaan Ladang (8,338,905 ) (3,236,503 ) (9,279,092 ) (57,353,918 )Untung/(Rugi) Ibu Pejabat 2,404,273 Untung Operasi Ldg /untung gabungan 6,725,135 5,892,905 57,222,914 (sebelum YPL & RAL)Yuran Pengurusan Ladang (YPL)-10% (672,513 ) 672,513 0 Rezab Am ladang (RAL) (1,333,333 ) (1,333,333 ) (9,425,863 )Keuntungan Koperasi (54.33%) (2,563,989 ) 2,563,989 0
Untung tahun Semasa (A + B) (2016) 2,404,273 2,155,299 0 4,559,572 47,797,051
Untung tahun Semasa (A + B) (2015) 2,394,910 2,028,005 0 4,422,915 47,797,051
ACHIEVEMENTS UP TO FEB 2016 (KOPERASI)
RM
PENDAPATAN
Keuntungan Unit Ladang 2,563,989
Yuran Pengurusan Ladang 672,513
Yuran Pengeluaran Hasil 374,592
Jumlah 3,611,094
PENDAPATAN LAIN 107,957
Perbelanjaan Ibu Pejabat (1,314,779)
Untung Tahun Semasa( 2016) 2,404,273
Untung Tahun Semasa (2015) 2,394,910
ACHIEVEMENTS UP TO FEB 2016 (UNIT LADANG)
RM
LADANG
FFB Sales 15,053,954
Sundry Income 10,086
JUMLAH PENDAPATAN 15,064,040
Untung Operasi Ldg / Untung Gabungan(sebelum YPL & RAL)
6,725,135
Yuran Pengurusan Ladang (YPL)-10% (672,513)
Rezab Am Ladang (RAL) (1,333,333)
Keuntungan Koperasi (54.33%) (2,563,989)
Untung Tahun Semasa (2016) 2,155,299
Untung Tahun Semasa (2015) 2,028,005
RM
JUMLAH PENDAPATAN 15,171,997
PERBELANJAAN
Belanja Ibu Pejabat (1,314,779)
Belanja Operasi Ladang (5,710,633)
Belanja Pentadbiran Ladang (2,253,680)
JUMLAH PERBELANJAAN (9,279,092)
Untung Operasi Ldg/untung gabungan(sebelum YPL & RAL)
5,892,905
Rezab AM ladang (RAL) (1,333,333)
Untung Tahun Semasa (2016) 4,559,572
Untung Tahun Semasa (2015) 4,422,915
ACHIEVEMENTS UP TO FEB 2016 (KOPERASI & UNIT LADANG)
DIVIDEND HISTORY
MODAL SYER
2012 40%
2013 40%
2014 30%
2015 ?
UNIT LADANG
2012 RM4,750
2013 RM4,750
2014 RM4,000
2015 ?
SEKIAN, TERIMA KASIH.Sila layari alamat dibawah untuk memuat turun slide ini.
BAHASA INGGERIS
www.kosma.com.my/roadshow2016en.pdfBAHASA MELAYU
www.kosma.com.my/roadshow2016bm.pdf
Aspirasi Kegemilangan
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