Company UpdatePT Waskita Beton Precast Tbk

October 2018

Establishment of Precast Division

Establishment of PT Waskita Beton Precast as subsidiary

October 2014

2013

20142015

2016

IPO PT Waskita Beton Precast Tbk

September 2016

0.62

0.80

1.80

2.65

5x

Public

59.99% 40.01%

2017

3.25

MSCIMay 2017

Buyback 7%Jul – Dec 2017

X

3.50

2018

Precast Division

Production Capacity (Million Ton per Year)

2

IDX 30July 2018

Milestones

Total Asset (in IDR Billion)

LQ-45 & Kompas 100January 2018

1.203

4.332

13.734 14.920

3.104

13.586

15.796 16.378

2014A 2015A 2016A 2017A 2018

FY 9M

Company Group Structure

3

PT Waskita Beton Precast Tbk

Koperasi Waskita0.00005%

PT Waskita Karya (Persero) Tbk59.99995%

Public33.12144%

Treasury Stock6.87861%

PT Waskita Karya (Persero) Tbk

59.99%

PT Waskita Beton Precast Tbk

99.99%

PT Waskita Karya Realty

77.11%

PT Waskita Toll Road PT Waskita Karya Energi

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)

Jabodetabek1. Becakayu2. Cakung3. Desari4. Karawaci5. Bocimi 2,36. Japek 1,37. Kunciran – serpong8. Kunciran – parigi9. Cinere – serpong10. Cctw 211. Cibitung – cilincing

Grup PPKA1. Sedomulyo2. Kayuagung 1,2

Sumatera1. Lampung2. Jakabaring 2,33. Bandar agung4. Gunung batin5. Wonokerto

Grup PPTR1. Balamoa 2

Grup PBTR1. Petarukan2. Bojong3. Warung Asem

Grup BSTR1. Kandeman2. Tulis3. Gringsing4. Sumberagung5. Pegandon6. Rejosari7. Kaliwungu 1,28. Ngaliyan

Grup Soker1. Masaran2. Banaran3. walikukun

Grup Paspro1. Muneng 1,22. Tongas3. Grati 14. Leces

Grup Salboy1. Tingkir2. Ampel3. Boyolali4. Banyudono

Grup Legundi1. Legundi2. Tanjung3. boboh4. Tebaloan

5

6. Menggala7. Bujung dewa8. Gilang tunggal9. Wonorejo10. Bumi harapan11. Srigedungmulya12. Simpang

pematang

Line of Business

6

Plant Location

Gasing

Palembang

Bojonegara

Karawang Kalijati

Cibitung

Subang

Sadang Klaten

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

Becakayu LRT PalembangJakarta - Cikampek Legundi - Bunder

Solo Kertosono Batang - SemarangCCTW I & II Bocimi

Major Projects

10

*

Operational Highlights

New Contract

4.099

2.655

12.227 11.032

4.325

2014A 2015A 2016A 2017A 9M18

4.408 5.870

15.051

21.208

15.006

2014A 2015A 2016A 2017A 9M18

Orderbook

Revenue Net Profit

(In IDR Billion)

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

Note: Orderbook as of September 2018: IDR 15.01 Trillion (including carry over 2017 of IDR 10.68 Trillion)

642

2.644

4.717

7.104

1.617

3.066

5.0115.439

2014A 2015A 2016A 2017A 2018

FY 9M

140

334

635

1.000

211

503

825 885

2014A 2015A 2016A 2017A 2018

FY 9M

11

Financial Highlights

Total Equity

Total Asset Total Liabilities

(In IDR Billion)

1.203

4.332

13.734 14.920

3.104

13.586

15.796 16.378

2014A 2015A 2016A 2017A 2018

FY 9M

500

3.002

6.329

7.603

1.991

6.411

7.603

8.927

2014A 2015A 2016A 2017A 2018

FY 9M

702 1.331

7.406 7.317

1.113

7.175 7.516 7.451

2014A 2015A 2016A 2017A 2018

FY 9M

12

Financial Highlights: Financial Position Statements

(In IDR Billion)

Description FY16 FY17 FY17/16 9M17 9M18 9M18/17

Cash and Cash Equivalents 4.205.820 1.028.346 -76% 1.345.846 384.837 -71,4%

Account Receivables 5.626.188 6.627.124 18% 7.920.948 3.776.183 -52,3%

Inventory 231.947 858.693 270% 220.288 2.931.591 1230,8%

Gross Amount 583.726 2.090.744 258% - 4.186.040 -

Fixed Assets 1.932.852 3.148.701 63% 2.731.853 3.469.984 27,0%

Other Assets Account 1.153.733 1.165.940 1% 3.576.983 1.629.706 -54,4%

Total Assets 13.734.267 14.919.548 9% 15.795.918 16.378.340 3,7%

Interest Bearing Debt 3.355.985 4.988.008 48,6% 3.977.557 5.615.738 41,2%

Account Payables 2.433.503 2.318.210 -4,7% 2.830.877 2.781.596 -1,7%

Other Liabilities Account 539.278 296.675 -45,0% 1.471.652 529.746 -64,0%

Total Liabilities 6.328.766 7.602.893 20,1% 8.280.086 8.927.080 7,8%

Total Equity 7.405.501 7.316.655 -1,2% 7.515.832 7.451.261 -0,9%

13

Financial Highlights: Profit and Loss Statements

(In IDR Billion)

Description FY16 FY17 FY17/16 9M17 9M18 1H18/17

Revenues 4.717.150 7.104.158 50,6% 5.011.380 5.438.690 8,5%

Gross Profit 1.219.218 1.948.191 59,8% 1.346.387 1.560.409 15,9%

Operating Profit 1.112.827 1.533.676 37,8% 1.229.053 1.404.101 14,2%

EBITDA 1.229.953 1.908.480 55,2% 1.430.624 1.773.428 24,0%

Other Income/Expenses 52.111 88.120 69,1% 93.198 -34.358 -136,9%

Financial Charges (214.310) (462.208) 115,7% (259.064) (239.153) -7,7%

Net Profit 634.819 1.000.330 57,6% 825.176 884.852 7,2%

Gross Margin 25,8% 27,4% 26,9% 28,7%

Operating Margin 23,6% 21,6% 24,5% 25,8%

EBITDA Margin 26,1% 26,9% 28,5% 32,6%

Net Profit Margin 13,5% 14,1% 16,5% 16,3%

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