Petronas Chemicals Group Bhd. · MYX:PCHEM

Petronas Chemicals Group Bhd — PETRONAS Gas Berhad — Q2 2021 Earnings Presentation

24 slides from Petronas Chemicals Group Bhd's earnings presentation, Aug 23, 2021

  1. Slide 1: PETRONAS Gas Berhad Analyst Briefing Q2 2021

    PETRONAS GAS BERHAD Analyst Briefing for Quarter Ended 30 June 2021 Monday, 23 August 2021 6:00 – 7:00 p.m. (GMT+8) © 2021 Petroliam Nasional Berhad (PETRONAS) © 2021 All rightsPetroliam Nasional reserved. No part of Berhad (PETRONAS) this document may be reproduced in any form possible, stored in a

  2. 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

  3. Slide 3: PGB Management

    PGB Management Abdul Aziz Othman Shariza Sharis Hisham Maaulot Izan Hajar Ishak M Yusof Managing Director/ Head, Business Head, Investor Chief Executive Chief Financial Officer Development & Relations Officer Commercial © 2021 Petroliam Nasional Berhad (PETRONAS) | 3

  4. Slide 4: Presentation Outline

    Presentation Outline 01 HIGHLIGHTS 02 OPERATIONAL PERFORMANCE 03 FINANCIAL PERFORMANCE 04 UPDATES 05 Q&A © 2021 Petroliam Nasional Berhad (PETRONAS) | 4

  5. Slide 5: Highlights

    HIGHLIGHTS =:

  6. Slide 6: H1 2021 Highlights: Economic activities continue despite MCO 2.0

    H1 2021 HIGHLIGHTS Economic activities continue despite MCO 2.0 MCO CMCO RMCO CMCO 2.0 MCO 2.0 NRP 1.0 1.0 Malaysia GDP 50.1 Growth (year-on-year %) 26.0 10,245 Industrial 16.1 Production 1.4 Index (IPI) (year-on-year %) -17.1 -0.4 Average daily COVID-19 -22.1 3,099 cases by phase as at -32.0 1,430

  7. Slide 7: H1 2021 Highlights: No significant impact from COVID-19 and MCO

    H1 2021 HIGHLIGHTS No significant impact from COVID-19 and MCO to the Group’s overall performance Operations Commercial Growth Excellent Assured Explore plant returns from growth performance agreed opportunities contracts High plant reliability Additional earnings from Lateral gas pipeline project A

  8. Slide 8: H1 2021 Highlights: Higher profits on improved Utilities margins

    H1 2021 HIGHLIGHTS Higher H1 2021 profits on improved Utilities margins Revenue Q2 2021 Q2 2020 Q1 2021 H1 2021 H1 2020 RM1.38 bn 1% 3% RM2.72 bn 3% Gross Profit Q2 2021 Q2 2020 Q1 2021 H1 2021 H1 2020 RM600 mil 11% 16% RM1.31 bn 2% Profit After Tax Q2 2021 Q2 2020 Q1 2021 H1 2021 H1 2020 RM464 mil

  9. Slide 9: Operational Performance

    _ © © @© @ ¢ _ 2© © @© @ @ @ _ © ce © © @ @ 4 OPERATIONAL —::.’ PERFORMANCE s::.:

  10. Slide 10: Gas Processing

    GAS PROCESSING Strong OEE, demonstrating commitment in ensuring system reliability and sustenance of performance incentives OEE (%) C1 C2 99.9 99.7 99.7 99.6 99.7 99.2 Salesgas Reliability YTD 99.9% Q2 Q1 Q2 Q2 Q1 Q2 2020 2021 2021 2020 2021 2021 99.9 99.4 99.7 99.6 Performance Incentives YTD RM47.5

  11. Slide 11: 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 100 100 99.98 100 100 100 100 100 100 Average Salesgas Delivery YTD Salesgas 1,9

  12. Slide 12: Utilities

    UTILITIES Delivered sales volume across all products on the back of customer demand Electricity Steam Industrial Gases GWh kMt Mil Nm3 1,160 1,159 Product Delivery 926 Reliability YTD 388 381 378 170 174 163 Electricity 100% Q2 Q1 Q2 Q2 Q1 Q2 Q2 Q1 Q2 Steam 100% 1 1 2020 2021 2021 2020 2021 2021 202

  13. Slide 13: Financial Performance

    FINANCIAL PERFORMANCE *_ 2© © @ @ ¢ _ 2©« © @ © @© @ _ © ce © © @ @ 4

  14. Slide 14: Financial: Gas Processing

    FINANCIAL: GAS PROCESSING Lower gross profit on the back of higher operating costs QoQ YTD 2021 0.5% RM Mil 0.2% UT 430 429 428 Group Revenue Revenue Regas GP RM2,724 mil 31% RM857 mil 0.3% GT Q2 Q1 Q2 2020 2021 2021 RM Mil 15% UT Regas 12% Group Gross 250 243 Gross Profit GP RM456 mil Profit 213 RM

  15. Slide 15: Financial: Gas Transportation

    FINANCIAL: GAS TRANSPORTATION Lower gross profit on the back of higher operating costs QoQ YTD 2021 RM Mil 0.3% GP 1% 292 288 291 Group Revenue Revenue GT UT RM2,724 mil 21% RM580 mil Regas Q2 Q1 Q2 2020 2021 2021 RM Mil 14% GP 10% Group Gross 207 GT 198 Gross Profit 179 29% RM376 mil Profit RM1,312

  16. Slide 16: Financial: Regasification

    FINANCIAL: REGASIFICATION Lower gross profit on the back of higher operating costs QoQ YTD 2021 RM Mil 1% GT 1% 350 353 Group 348 Revenue GP Revenue Regas RM701 mil RM2,724 mil 26% UT Q2 Q1 Q2 2020 2021 2021 RM Mil GT 18% 30% Group Regas Gross 197 Gross Profit 25% 168 RM335 mil Profit 138 RM1,312 mi

  17. Slide 17: Financial: Utilities

    FINANCIAL: UTILITIES Improved year-on-year profit on lower operating costs QoQ YTD 2021 RM Mil 5% Regas 13% 328 312 Group GT Revenue 275 Revenue UT RM587 mil RM2,724 mil 22% GP Q2 Q1 Q2 2020 2021 2021 Regas RM Mil 40% 7% Group UT Gross GT Gross Profit 11% RM145 mil Profit 75 70 RM1,312 mil 50 GP Q2

  18. Slide 18: Financial: Group

    FINANCIAL: GROUP Higher H1 2021 profits on improved Utilities margins Revenue Gross Profit Profit After Tax RM Mil RM Mil RM Mil 1% 3% 11% 19% 1,400 1,340 1,384 16% 14% 675 712 574 540 600 464 Q2 Q1 Q1 Q2 Q1 Q2 Q2 Q1 Q2 2020 2021 2021 2020 2021 2021 2020 2021 2021 3% 2% 9% 2,796 2,724 1,284 1,312 92

  19. Slide 19: Total Assets

    TOTAL ASSETS Robust asset base supported by healthy cash balance as well as property, plant and equipment Total Assets Segmental Assets NBV (RM Mil) (RM Mil) 18,345 18,561 1,990 Other Assets 2,058 GT 2,958 Cash & Cash Regas 3,139 3,455 16% Equivalents 5,932 32% Total GP RM18,561 Mil 4,292 23% UT Pro

  20. Slide 20: Dividends

    DIVIDENDS Maximising shareholders return through sustained dividend payments Dividend Payout Ratio 125% 72% Dividend per share (sen) 127 32 5 Special Quarterly Dividend 50 Payment 22 Q4 18 Q3 16 Q2 16 16 Q1 16 31-Dec-20 30-Jun-21 © 2021 Petroliam Nasional Berhad (PETRONAS) | 20

  21. Slide 21: Updates

    UPDATES

  22. Slide 22: Updates: Ongoing growth pursuits

    UPDATES Ongoing growth pursuits Integrated utilities solution at 01 industrial parks & small cogen IPP in Peninsular Malaysia, Sabah 02 and Regional & LNG-to-Power 03 Step out © 2021 Petroliam Nasional Berhad (PETRONAS) | 22 Confidential

  23. Slide 23: Q&A

    OA cle

  24. Slide 24: © 2021 Petroliam Nasional Berhad (PETRONAS)

    © 2021 Petroliam Nasional Berhad (PETRONAS) |

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