Petronas Chemicals Group Bhd. · MYX:PCHEM
Petronas Chemicals Group Bhd — PETRONAS Gas Berhad — Q3 2015 Earnings Presentation
19 slides from Petronas Chemicals Group Bhd's earnings presentation, Nov 2, 2015
Slide 1: Highlights for the 3rd Quarter ended 30 September 2015
Highlights for the 3rd Quarter ended 30 September 2015 2 November 2015 © 2015 PETROLIAM NASIONAL BERHAD (PETRONAS) All rights reserved. No part of this document may be reproduced, stored in a retrieval system or transmitted in any form or by any means (electronic, mechanical, photocopying, recording
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 Welcoming Remarks Opening Remarks Presentation Q&A ©Petroliam Nasional Berhad (PETRONAS) 2015 3
Slide 4: PGB Management
PGB Management Aida Aziza Harris bin Harun binti Mohd Head Jamaludin Investor Relations Head Finance ©Petroliam Nasional Berhad (PETRONAS) 2015 4
Slide 5: Key Highlights
Key Highlights High unrealised foreign exchange (forex) loss arising from reporting translation on RGTSU finance lease liabilities. • This was resulted from severe weakening of MYR against USD during the quarter and period. No impact on actual lease payment as the actual MYR payment is a pass-throug
Slide 6: Key Highlights (Quarter Corresponding & Preceding)
Key Highlights (Quarter Corresponding & Preceding) Steady returns supported by Regasification and Transportation Business. RM million Revenue Gross Profit 1% 5% 1% 1% 1,123.5 1,134.3 1,083.6 555.5 555.9 556.8 150.8 163.0 156.0 72.9 74.7 79.1 45.1 21.5 264.6 256.8 42.5 217.5 261.8 327.1 330.4 257.9 2
Slide 7: Key Highlights (Quarter Corresponding & Preceding)
Key Highlights (Quarter Corresponding & Preceding) Stronger performance on normalised basis supported by higher revenue and other operating income. RM million Excluding UFL EBITDA Profit After Tax Excluding UFL Excluding UFL 2% Excluding DTA & UFL 5% 3% 18% 11% 15% 62% 791.0 9% 773.3 752.4 817.8 16.
Slide 8: Key Highlights (Year-to-date)
Key Highlights (Year-to-date) Sustainable performance for the nine months period supported by Gas Processing and Gas Transportation Business. RM million Revenue Gross Profit 1% 2% 3% 3,280.1 3,319.2 1,708.3 1,673.3 463.9 472.5 228.3 234.1 120.1 148.8 756.2 723.8 783.9 760.3 956.1 980.7 1,103.9 1,142
Slide 9: Key Highlights (Year-to-date)
Key Highlights (Year-to-date) Sustainable performance for the nine months period supported by Gas Processing and Gas Transportation Business. RM million Profit After Tax EBITDA Excluding UFL Excluding DTA & UFL 3% 7% (1.7) 11% 2,371.2 2,300.2 24% 1,574.9 (1.7) 237.9 DTA:407.4 2,298.5 1,271.9 2,133.3
Slide 10: Segmental Performance – Revenue
Q3 FY15 vs. Q3 FY14 Segmental Performance – Revenue Higher revenue mainly contributed by higher Regasification revenue from storage fees in line with strengthening of USD against RM. RM Million 1% 2% 8% 10.8 0.2% 3% 1,123.5 6.9 0.5 7.8 1,134.3 12.2 150.8 163.0 Lower revenue Electricity tariff
Slide 11: Segmental Performance - Results
Q3 FY15 vs. Q3 FY14 Segmental Performance - Results GP was higher by 1% mainly due to higher contribution by Gas Transportation and Regasification segment, partially offset by Gas Processing segment. RM Million 1% 1.3 555.5 5.1 4.6 2.6 4.4 556.8 74.7 79.1 Higher repair and Lower plant Lower el
Slide 12: Segmental Performance - Revenue
Q3 FY15 vs. Q2 FY15 Segmental Performance - Revenue PGB Revenue was higher by 5% mainly contributed by higher performance from all business segments. RM Million 5% 0.3% 1% 18% 5% 50.7 39.3 7 1,134.3 1,083.6 1.1 3.3 163.0 156 Higher storage Higher plant’s Higher capacity Higher offtake fees i
Slide 13: Segmental Performance - Results
Q3 FY15 vs. Q2 FY15 Segmental Performance - Results GP was slightly higher by 1% mainly due to higher contribution from Utilities segment. RM Million 1% 0.9 555.9 556.8 27.0 21.0 6.2 0.7 72.9 79.1 21.5 Higher capacity Higher revenue Higher storage • Higher repair and 42.5 booking revenue Low
Slide 14: Segmental Performance - Revenue
YTD Q3 FY15 VS. Segmental Performance - Revenue YTD Q3 FY14 Higher revenue by 1% primarily contributed by Gas Processing and Gas Transportation segments. RM Million 1% 4% 3% 2% 4% 39.1 3,280.1 38.3 24.6 32.4 8.6 3,319.2 463.9 Higher capacity Lower offtake 472.5 Higher Higher booking under fr
Slide 15: Segmental Performance - Results
YTD Q3 FY15 VS. Segmental Performance - Results YTD Q3 FY14 GP was higher by 2% mainly contributed by Gas Processing and Gas Transportation segments. RM Million 2% 35.0 23.6 28.7 1,673.3 45.9 5.8 1,708.3 228.3 234.1 Lower offtake Higher repair and • Higher Higher capacity from maintenance. 120
Slide 16: Shareholders Fund and Cash & Cash Equivalents
Shareholders Fund and Cash & Cash Equivalents Stronger shareholders’ fund on the back of higher profit for the period partially offset by dividends paid to shareholders. Stronger cash & cash equivalents mainly due to lower dividends paid and lower tax payment resulting from utilisation of tax benefi
Slide 17: For further enquiries please contact us
For further enquiries please contact us at: PETRONAS Gas Berhad Level 51, Tower 1, PETRONAS Twin Towers KUALA LUMPUR CITY CENTRE, 50088 KUALA LUMPUR, MALAYSIA Fax: +603 2331 6992 ir.petronasgas@petronas.com.my www.petronasgas.com Harris Harun, Head, Investor Relations Tel: +603 2331 5260 ©Petroliam
Slide 18: Thank you
Thank you www.petronasgas.com ©Petroliam Nasional Berhad (PETRONAS) 2015 18
Slide 19: Questions & Answer
Questions & Answer ©Petroliam Nasional Berhad (PETRONAS) 2015 19