Mesaieed Petrochemical Holding Company Q.s.c. · QSE:MPHC
Mesaieed Petrochemical Holding Company Q.s.c — Mesaieed Petrochemical Holding Company — H1 2026 Earnings Presentation
31 slides from Mesaieed Petrochemical Holding Company Q.s.c's earnings presentation, Jun 30, 2026
Slide 1: Mesaieed Petrochemical Holding Company Investor Relations Presentation
Mesaieed Petrochemical Holding Company Investor Relations Presentation 30 June 2026 “one of the region’s premier diversified petrochemical conglomerates with interests in the production of olefins, polyolefins, alpha olefins and chlor-alkali products”
Slide 2: Disclaimer
Disclaimer The companies in which Mesaieed Petrochemical Holding Company Q.P.S.C. directly and indirectly owns investments are separate entities. In this presentation, “MPHC” and “the group” are sometimes used for convenience in reference to Mesaieed Petrochemical Holding Company Q.P.S.C. This prese
Slide 3: Table of Content
Table of Content 1. About MPHC 2. Competitive strengths 3. MPHC results (for the period ended 30 June 2026) 4. Segmental results (for the period ended 30 June 2026) 5. Dividends and market capitalization 6. Historical performance (2020 – 2025) 7. Governance structure 8. Sales and marketing 3 Mesaiee
Slide 4: About MPHC
CLASSIFICATION: CO - NON-CONFIDENTIAL About MPHC
Slide 5: MPHC at a glance
MPHC at a glance Overview • Mesaieed Petrochemical Holding Company • QatarEnergy provides most head office Q.P.S.C. (“MPHC” or “the Group”; QE ticker: functions through a comprehensive service- MPHC) was incorporated on May 29, 2013 and level agreement. was listed on the Qatar Stock Exchange on • Th
Slide 6: MPHC business segments at a glance
MPHC business segments at a glance Business Segments Revenue by Segment 1 • Through its joint venture companies2, MPHC operates in two distinct business 30.2% segments: Petrochemical Petrochemical and Chlor-Alkali QR 605m Chlor-Alkali • Production facilities are all located in the 69.8% State of Qat
Slide 7: Competitive strengths
CLASSIFICATION: CO - NON-CONFIDENTIAL Competitive strengths
Slide 8: Competitive strengths
Competitive strengths • Assured feedstock supply Low cost • Economies of scale and operationally diversified producer • Synergy benefits Strong • Solid liquidity position financial • Strong cash flow generation with stable EBITDA margins position • Sound dividend record • One of the region’s premier
Slide 9: MPHC results (for the period ended 30 June 2026)
MPHC results (for the period ended 30 June 2026) 9
Slide 10: Operational performance review
Operational performance review Production (MT’ 000) • 1H-26 vs 1H-25: Production declined by 53% compared to prior year. The Group continued to undertake production adjustments during the period, due to the ongoing regional conflict. • 2Q-26 vs 1Q-26: Similarly, production declined on a quarterly ba
Slide 11: Financial performance review
Financial performance review Revenue (QR’ million) • 1H-26 vs 1H-25: Group revenue declined due to the fall in sales volumes compared to the same period last year. • 2Q-26 vs 1Q-26: Similarly, revenues declined on a quarterly basis due to the further decline in sales volumes across all segments, com
Slide 12: Net Profit Variance Analysis
Net Profit Variance Analysis Net loss was recorded due to: Unfavorable variance Favorable variance • Lower Sales Volumes • Lower selling prices offset by higher PVC price variance • Higher other income • Lower operating cost 12 Note: Figures presented in QR ‘millions Mesaieed Petrochemical Holding C
Slide 13: EBITDA margins vs Oil Price, Brent
EBITDA margins 140 80% 120 60% MPHC EBITDA margin (%) Oil Price, Brent (USD/bbl) 100 40% 80 20% 60 0% 40 -20% 20 -40% - -60% Oil Price, Brent MPHC EBITDA margin 13 Mesaieed Petrochemical Holding Company, IR Presentation, H1-26 13
Slide 14: Segment results (for the period ended 30 June 2026)
Segment results (for the period ended 30 June 2026) 14
Slide 15: Segment: Petrochemicals
Segment: Petrochemicals • Q-Chem1 and Q-Chem II2 are both owned 49% by MPHC, 49% by Chevron Phillips Chemical International Qatar Holdings L.L.C., and 2% by QatarEnergy; • Q-Chem II also has an effective ownership of 53.85% in Ras Laffan Olefins Company Limited which owns an ethane cracker which pro
Slide 16: Segment: Petrochemicals - production and selling prices
Segment: Petrochemicals Analysis of production and selling prices • Production: Production declined year-on-year, with reduced plant availability following the production adjustments during the period. • Production further declined in 2Q-26 compared to 1Q-26, as a result of the full quarter impact o
Slide 17: Segment: Petrochemicals - revenue and net profit
Segment: Petrochemicals Analysis of segment revenue and net profit • Revenue: Decreased compared to last year, with a material decline in sales volumes driven by reduced production, affecting the segment’s overall performance during the period. • Revenue decreased further on a quarterly basis, as a
Slide 18: Segment: Chlor-Alkali
Segment: Chlor-Alkali • Qatar Vinyl Company Limited Q.S.C. (“QVC”) is owned 55.2% by MPHC, and 44.8% by Industries Qatar; • QVC’s operations have been integrated with QAPCO1, bringing additional synergies to the group. • The segment is engaged in the production of a range of chlor-alkali products: •
Slide 19: Segment: Chlor-Alkali - production and selling prices
Segment: Chlor-Alkali Analysis of production and selling prices • Production: Production declined year-on-year, with reduced plant availability following the production adjustments during the period. • Production further declined in Q2, as a result of the full quarter impact of the reduced plant ava
Slide 20: Segment: Chlor-Alkali - revenue and net profit
Segment: Chlor-Alkali Analysis of segment revenue and net profit • Revenue: Declined compared to prior year, driven by a material reduction in production and sales volumes, amid ongoing macroeconomic headwinds, weak downstream demand, and a slowdown in construction and industrial activity. • 2Q-2026
Slide 21: Dividends and market capitalization
Dividends and market capitalization 21
Slide 22: Dividends and market statistics
Dividends and market statistics FY24 Payout FY25 Payout Ratio: 100% Ratio: 100% 130% 118% 0.200 100% 120% 94% 81% 81% 78% 85% 85% 100% 0.150 72% 77% 76% 72% 74% 74% 80% 0.100 60% 0.040 0.040 0.027 40% 0.110 0.110 0.110 0.026 0.016 0.03 0.086 0.050 0.070 0.070 0.070 0.080 0.060 20% 0.000 0% DPS (QR)
Slide 23: Historical performance (2020 – 2025)
Historical performance (2020 – 2025) 23
Slide 24: Historical performance (2020 – 2025)
Historical performance (2020 – 2025) Production and sales volumes remained relatively stable. Utilization moved in line with the production levels. Selling prices reflected cyclical movements inline with the global commodity prices linked to macroeconomic conditions. Production (MT’000) Utilization
Slide 25: Historical performance (2020 – 2025)
Historical performance (2020 – 2025) Both revenue and net profit witnessed movements, in line with product prices. Total assets grew marginally, while the cash and cash equivalents remained robust. Revenue (Million QR) Net Profit (Million QR) Total Assets (Million QR) MPHC Head Office Cash & Bank ba
Slide 26: Governance structure
CLASSIFICATION: CO - NON-CONFIDENTIAL Governance structure 26
Slide 27: Governance
Governance Board structure Governance and compliance • MPHC Board of Directors consists of seven (7) • MPHC is firmly committed to implementing the Directors, all of whom were appointed by the Special principles of good governance set out in the Shareholder, which is QatarEnergy. Governance Code for
Slide 28: Governance
Governance Remuneration Disclosure and transparency • Board of Directors: The Company has developed a • The Board ensures that all disclosures are made in periodically revisited remuneration policy for Board accordance with the requirements set by regulatory members. The policy has fixed component f
Slide 29: Sales and marketing
Sales and marketing 29 INDUSTRIES QATAR | Quarterly Financial Update (2014 Q4) | Page 29
Slide 30: Sales and marketing
Sales and marketing • QatarEnergy Marketing is the current marketer of Qatar’s regulated petrochemical products, under the issuance of Law No. (9) of 2024. • Accordingly, the products of both segments are now marketed by QatarEnergy Marketing, which assumed the relevant marketing activities previous
Slide 31: For further information, Mesaieed Petrochemical Holding Company can be contacted
For further information, Mesaieed Petrochemical Holding Company can be contacted as follows: Telephone: (+974) 4013 2080 Fax: (+974) 4013 9750 Email: mphc@qatarenergy.qa Address: PO Box 3212, Doha, State of Qatar Please refer to www.mphc.com.qa for the latest information, publications, press release
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