Petronas Chemicals Group Bhd. · MYX:PCHEM
Petronas Chemicals Group Bhd — PETRONAS Gas Berhad — Q2 2019 Earnings Presentation
21 slides from Petronas Chemicals Group Bhd's earnings presentation, Aug 27, 2019
Slide 1: Pushing Forward: Quarterly Analyst Briefing, Quarter Ended 30 June 2019
PUSHING FORWARD PETRONAS GAS BERHAD QUARTERLY ANALYST BRIEFING FOR QUARTER ENDED 30 JUNE 2019 27 August 2019
Slide 2: Disclaimer
Disclaimer Warranties and Exclusion of Liability PETRONAS Gas Berhad (PGB), its subsidiaries and related corporations confirm that reasonable care has been taken in ensuring the accuracy and correctness of information, statements, text, articles, data, images and other materials contained and appear
Slide 3: Agenda
> AGENDA * Opening Remarks * Presentation ° Q&A
Slide 4: PGB Management
PGB MANAGEMENT Kamal Bahrin Ahmad Managing Director/ Chief Executive Officer PETRONAS Shariza Sharis M Yusof Chief Financial Officer Abdul Razak Saim Head, Business Development & Commercial Izan Hajar Ishak Head, Investor Relations
Slide 5: Highlights
> HIGHLIGHTS
Slide 6: Highlights
HIGHLIGHTS 2» & & Excellent Plant Performance High plant reliability sustained Achieved PBS and AET incentives Higher Revenue @2% at RM1,380M (Q2 2018: RM1,358M) Lower Profit 84% at RM515M (Q2 2018: RM537M) & ¢ ®» 24 Term GPA New remuneration terms Higher Reservation Charge and new Agreed Ethane Tar
Slide 7: Operational Performance
> OPERATIONAL PERFORMANCE
Slide 8: Gas Processing
GAS PROCESSING Strong OEE, demonstrating commitment in ensuring system reliability and sustenance of PBS OEE (%) Ct c2 99.9 997 99.9 . L J 2018 2019 2019 2at8 208 2018 YTD ate rate ate 2019 World Class Reliability YTD Salesgas 100% Processing Product 100% Delivery Performance Incentive 6 months RM41
Slide 9: Gas Transportation & Regasification
GAS TRANSPORTATION & REGASIFICATION GT sustained commitment in ensuring security of gas supply to the nation, Regasification maintained strong performance Transportation Regasification Reliability (%) OEE (%) RGTSU RGTP 99.99 100 10 100 100 World Class Reliability YTD Regasification 100% Delivery 08
Slide 10: Utilities
UTILITIES Sustained sales volume across all products on the back of customer demand Electricity Steam Industrial Gases GWh kMt Mil Nm? g¢65 1.032 1,023 ; = Product Delivery Reliability YTD 160 158 155 Electricity 100% ie UL Steam 100% a2 at a2 a2 at a2 a2 at 2018 2019 2019 2018 2019 2019 2018 2019 2
Slide 11: Financial Performance
> FINANCIAL PERFORMANCE
Slide 12: Financial: Gas Processing
FINANCIAL: GAS PROCESSING Higher revenue and gross profit on higher GPA remuneration terms RM Mil Q2. Ql a2 2018 2019 2019 RM Mil poeeeeeeee A 27% Q2z2 al Q2 2018 2019 2019 YTD 2019 Group Revenue . , RM2,748 mil RM851 mil A 8% Group Gross Profit RM1,250 mil RM414 mil A 24% 12
Slide 13: Financial: Gas Transportation
FINANCIAL: GAS TRANSPORTATION Lower revenue and profit in line with IBR tariff RM Mil poveeeeeee Revenue Group i | Revenue RM583 mil VW 14% RM2,748 mil 2at8 208 2018 RM Mil Gross 266 ! Group Profit 200 245 Gross Profit I | RM1,250 mil RM415 mil V 21% Q2 al a2 2018 2019 2019 . 43
Slide 14: Financial: Regasification
FINANCIAL: REGASIFICATION Lower gross profit in line with IBR tariffs ’ YTD 2019 RM Mil Revenue RM610 mil RM2,748 mil RM Mil y 12% 3 os Pr Profit 177 Gross Profit T | T RM1,250 mil RM316 mit W 10% a2 at Qe 2018 2019 2019 . 14
Slide 15: Financial: Utilities
FINANCIAL: UTILITIES Higher revenue and profit on the back of higher demand and favourable prices RM Mil 352 352 ill 2018 2019 2019 RM Mil : | _ 5 _ Profit , 59 40. 46 Q2. Ql @2 2018 2019 2019 YTD 2019 Group Revenue RM2,748 mil Group Gross Profit RM1,250 mil pies RM704 mil A 11% RM105 mil A 21% 15
Slide 16: Financial: Group
FINANCIAL: GROUP Higher earnings from Gas Processing and Utilities offset the lower earnings from Gas Transportation and Regasification Gross Profit Profit After Tax RM Mil 5 RM Mil RM Mil jeeeeeeeceeeee A 2% vm% gee Vv 4% ' eres 1% : A 9% H ! ' aa po V 3% 1,358 1,368 1,380 mo tof 654 99 654 ! | 537
Slide 17: Total Assets
TOTAL ASSETS Robust asset base supported by healthy cash balance as well as property, plant and equipment RM Mil 18,424 19,175 Other Assets Cash & Cash Equivalents Property, Plant & Equipment 31-Dec-18 30-Jun-19 17
Slide 18: Dividends
DIVIDENDS Maximising shareholders return through sustained dividend payments Quarterly Dividend Payment Dividend Payout Ratio Dividend per share (sen) 72 2018 79% 74%* *excluding KPSB tax adjustment impact in Q4 2018 30-Jun-19 18
Slide 19: Updates
> UPDATES * Incentive-Based Regulation / Third Party Access * Gassing Up Cooling Down (GUCD) ¢ New Nitrogen Generation Unit PETRONAS
Slide 20: Q&A
>> QsA
Slide 21: Contact PETRONAS Gas Berhad
PETRONAS For further enquiries please contact us at: PETRONAS Gas Berhad Level 49, Tower 1 PETRONAS Twin Towers Kuala Lumpur City Centre 50088 Kuala Lumpur, MALAYSIA ir.petronasgas@petronas.com www.petronasgas.com Izan Hajar Ishak Head, Investor Relations Tel: +603 2331 9366