Petronas Chemicals Group Bhd. · MYX:PCHEM

Petronas Chemicals Group Bhd — Q2 2024 Earnings Presentation

17 slides from Petronas Chemicals Group Bhd's earnings presentation, Aug 16, 2024

  1. Slide 1: Analyst Briefing Second Quarter Ended 30 June 2024

    [Open] PETRONAS PETRONAS Chemicals Group Berhad Analyst Briefing Second Quarter Ended 30 June 2024 16 August 2024

  2. Slide 2: Disclaimer

    Disclaimer PETRONAS Chemicals Group Berhad ("PCG’), its subsidiaries and related corporations confirm that care has been taken in ensuring the accuracy and correctness of information, statements, text, articles, data, images and other materials contained and appearing in this presentation and the as

  3. Slide 3: Content

    Content 01. 02. 03. 04. 05. 06. Introduction and Highlights Operational and Financial Performance EESG Updates Market Outlook Key Priorities Q&A

  4. Slide 4: c Page | 1

    [Open] 1,200 100 80 800 60 40 400 20 0 0 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Jul-24 Page | 1 c Internal

  5. Slide 5: o o o

    [Open] o o o *Production Volume **Sales Volume o o o o Page | 2 c Internal

  6. Slide 6: 1H 2024 Performance Overview by Segment

    1H 2024 Performance Overview by Segment Production Volume Sales Volume (KMT) (KMT) Mee 478 ( (1 || FEM Hi Specialties Revenue EBITDA PAT (RM Million) (RM Million) (RM Million) Page | 3

  7. Slide 7: O&D: EBITDA decreased due to higher plant operating cost

    O&D: EBITDA decreased due to higher plant operating cost at joint operation entity, foreign exchange loss, and higher energy & uti 2Q 2024 vs 1Q 2024 EBITDA 1Q 2024 Effect of net sales Unfavourable revaluation of joint operation Payables. forex movement Cost of Selling & Administrative Net EBITDA re

  8. Slide 8: F&M: Higher revenue contributed by higher sales volume and strategic sourcing

    F&M: Higher revenue contributed by higher sales volume and strategic sourcing initiatives EBITDA 10 2024 Effect of net sales 16 Cost of revenue Lower spreads Higher variable Selling & Distribution from higher fuel consumption le cost resulted Administrative Net other expenses income EBITDA 2a 2024 (

  9. Slide 9: Specialties: Higher EBITDA against 1Q 2024 due to higher margins

    Specialties: Higher EBITDA against 1Q 2024 due to higher margins contributed by higher average selling prices Sales Volume Revenue = RM mi Ee = S ~ EBITDA —rmmit ( ution EBITDA Margin (x) lir =1Q 2024 = ™2Q 2024 7— Resins & Coatings Advanced Materials * Lower sales volume due to unfavourable market

  10. Slide 10: Group: Slightly lower EBITDA due to lower contribution from joint operation

    Group: Slightly lower EBITDA due to lower contribution from joint operation entity and higher variable cost from energy & utilities 2Q 2024 vs 1Q 2024 PU Rate (KMT) A4a% 2Q 2024 GB Sales Volume 1Q 2024 (> Production Volume Plant Utilisation Rate (PU): Higher PU rate due to better plant performance a

  11. Slide 11: PCG maintains solid cash and cash equivalents at RM9.4 billion

    PCG maintains solid cash and cash equivalents at RM9.4 billion Cash Flow 1,648 a : Ce (1,215) 9,268 (310) < 2g = = = Cash & cash equivalents as Cash flow generated from Cash flow used in investing Cash flow used in financing —_ Net increase due to FX Cash & cash equivalents as. at 01.01.2024 operati

  12. Slide 12: Higher total asset mainly from trade and other receivables

    Higher total asset mainly from trade and other receivables Total Assets 393 15 484 1,060 oe 60,206 142 (606) 61,694 cc = = = Asat Property Plant Long Term Trade & Other Trade & Other Cash&Cash Others Asat 31.12.2023 & Equip Receivable Inventories Receivable Equivalents 30.06.2024 Total Equity & Liab

  13. Slide 13: c Page | 10

    [Open] • 2.00 1.80 1.60 • 1.40 1.20 1.00 0.80 0.60 0.40 0.20 • 0.00 • • • • • *commodities business Page | 10 c Internal

  14. Slide 14: Mixed sentiments for commodities; Specialties facing headwinds

    Mixed sentiments for commodities on the back of supply demand dynamics. Specialties facing headwinds from persisting weakness in the building and construction sector O&D: Flat market outlook with continuous weak §| F&M: Planting season in SEA, India a tf s: Slower global market recovery heading down

  15. Slide 15: Key Priorities

    COMMERCIAL EXCELLENCE Enhancing the reliability of plant operations. Ensuring the safe and_ efficient implementation of scheduled shutdowns and turnarounds. Ensuring the safe and seamless initiation of operations at the Pengerang Integrated Complex. Expansion of 2-Ethylhexanoic Acid (2- EHA) plant i

  16. Slide 16: Q&A

    [Open] Internal

  17. Slide 17: [Open]

    [Open] Internal

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