Sui Southern Gas Co. Ltd. · PSX:SSGC
Sui Southern Gas — Investor Presentation (December 2024)
35 slides from Sui Southern Gas's investor presentation, December 2024
Slide 1: Corporate Briefing
Sui Southern Gas ssGc! Company Limited Gissgc_ official GESEESCWENS SSGC Customer Connect
Slide 2: Corporate Briefing Agenda
CORPORATE BRIEFING 01 COMPANY OVERVIEW 02 FINANCIAL INFORMATION 03 STRATEGIC / OPERATIONAL DEVELOPMENTS 04 OTHER INFORMATION 05 QUESTIONS & ANSWERS SESSION 1
Slide 3: Company Overview
CORPORATE BRIEFING COMPANY OVERVIEW 01 2
Slide 4: SSGC Through the Years
SSGC THROUGH THE YEARS Sui Gas Transmission Company Limited Indus Gas Company Limited Karachi Gas Company Limited Incorporated in 1954 Incorporated in 1955 Incorporated in 1955 Purification and Transmission Distribution in Sindh and Balochistan Distribution in Karachi Merger Southern Gas Company Lim
Slide 5: Shareholding Structure
SHAREHOLDING STRUCTURE General Public & Others 27% Direct Shareholding of GoP 53% % Break-up of 880,916,309 Shares Indirect Shareholding of GoP 20% 4
Slide 6: Company Vision, Mission & Values
COMPANY VISION, MISSION & VALUES VISION CORE VALUES To be a model utility providing quality services by maintaining high level of ethical and professional standards and through optimum use of resources MISSION To meet the energy requirements of customers through reliable, Environment-friendly and su
Slide 7: Company Overview
COMPANY OVERVIEW CORE BUSINESS: Transmission, Distribution & Sale of Integrated 3.5 million 266 BCF National Gas Natural Gas Consumers Annual Supply T&D Operator Design & Construction of Transmission & Distribution Projects. Re-gasified LNG. 70 year of Transmission Distribution experience in N
Slide 8: Serving the Country – Sales Mix (2023-24)
SERVING THE COUNTRY – SALES MIX (2023-24) Power Cement Fertilizer All Others 3.0% 0.0% 7.1% 1% Steel 0.4% CNG 0.1% Captive Power 22.5% Domestic 44.3% Sales Mix 3.5 Million Customers Process Industries Domestic Commercial 20.3% 99% 2.3% 7
Slide 9: Core Business
CORE BUSINESS SSGC is Pakistan’s leading integrated public-limited large-scale natural gas utility Company with majority of shareholding owned by the Government of Pakistan. Engaged in the business of transmission (4,206 Km, up to 42” dia.) and distribution (~50,000 Km) in the franchise province
Slide 10: Financial Information
CORPORATE BRIEFING FINANCIAL INFORMATION 02 9
Slide 11: Financials – Snapshot FY 2022-23
FINANCIALS – SNAPSHOT FY 2022-23 Unconsolidated Profit / Earning per Share: Turnover: Unaccounted for Gas: (Loss) after Tax: 2023: PKR (1.82) 2023: PKR 449,501 million 2023: 16.6% (51.1 BCF) 2023: PKR (1,601) million 2022: 17.8% (59.9 BCF) 2022: PKR (12.99) 2022: PKR 375,559 million 2022: PKR (11,44
Slide 12: Financials – Snapshot Q1 Sep. FY2023-24
FINANCIALS – SNAPSHOT Q1 Sep. FY2023-24 Unconsolidated Profit / Earning per Share: Turnover: Unaccounted for Gas: (Loss) after Tax: 2023: PKR 4.72 2023: PKR 117,852 million 2023: 10.14% (7.4 BCF) 2023: PKR 4,158 million 2022: PKR (6.35) 2022: PKR 116,240 million 2022: 18.85% (14.7 BCF) 2022: PKR (5,
Slide 13: Projections of Next Three Years - Business Plan
PROJECTIONS OF NEXT THREE YEARS - Business Plan Description FY 2026-27 FY 2025- 26 FY 2024- 25 PKR in Million Capitalization 40,000 40,000 40,000 Asset Base 177,357 155,581 133,805 Rate of Return (%) 20.05% 20.05% 22.5% Return on Assets 35,557 31,192 30,104 Actual UFG (MMCF) 31,307 31,307 31,307 Act
Slide 14: Interim Financial Results for Q1 Sep. FY2023-24
INTERIM FINANCIAL RESULTS FOR THE Q1 Sep. FY2023-24 Description SEPTEMBER 2023 SEPTEMBER 2022 PKR in Million Asset Base 103,215 95,976 Rate of Return (%) 23.45% 16.60% Return on Assets 6,051 3,983 UFG Disallowance (2,134) (8,168) Other Disallowances (356) (277) HR Benchmark Gain 1,474 149 Non – Oper
Slide 15: Credit Rating – History
CREDIT RATING – HISTORY CREDIT RATING HISTORY Dissemination Long-Term Short-Term Outlook Action Date Rating Rating AA - A1 Stable Upgrade A+ A1 Stable Maintain A+ A1 Stable Upgrade A A2 Stable Maintain A A2 Negative Downgrade 14
Slide 16: Credit Rating Improvement Rationale
CREDIT RATING IMPROVEMENT RATIONALE CREDIT RATING RATIONALE Enhancement in the Company’s operational efficiency & turnaround in the financial performance. Consecutive decline in reported UFG losses for the past three years. Company’s Net loss has decreased from PKR 11.44 billion during FY22 to
Slide 17: Inter-Enterprise Liabilities
INTER-ENTERPRISE LIABILITIES CIRCULAR DEBT - RECENT DEVELOPMENTS With recent amendments in the OGRA Ordinance and Federal Government commitment to curtail circular debt accumulation, Following steps were taken: In November 2023, February 2024 and July 2024, Federal Government has increased natural
Slide 18: Strategic / Operational Developments
CORPORATE BRIEFING STRATEGIC / OPERATIONAL 03 DEVELOPMENTS 17
Slide 19: Distribution Network Rehabilitation
DISTRIBUTION NETWORK REHABILITATION Already Completed In Progress Planned DHA Phase I DHA Phase II Ext PECHS DHA Phase II Lyari (2 Segments) F.B. Area DHA Phase V Baldia (3 Schemes) Gulshan e Iqbal DHA Phase VI North Nazimabad Saddar DHA Phase VII North Karachi Orangi T
Slide 20: Distribution Network Rehabilitation
DISTRIBUTION NETWORK REHABILITATION 19
Slide 21: Reduction in Unaccounted for Gas (UFG)
REDUCTION IN UNACCOUNTED FOR GAS (UFG) 17.84% 17.10% 17.25% 16.70% 15.31% 72,682 68,626 59,983 10.40% * Since Oct 55,558 2022, UFG in 51,598 Karachi is at 8%. 31,702 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24* MMCF % FY. 2022-23 FY. 2023-24 Region UFG Vol. UFG % UFG Vol. UFG % Karachi 15,630 8.
Slide 22: Other Information
CORPORATE BRIEFING OTHER INFORMATION 04 21
Slide 23: Subsidiaries & Business Expansion
SUBSIDIARIES & BUSINESS EXPANSION SSGC owns and operates the only domestic gas meter manufacturing facility in the country. Under technology license from M/s. Itron, USA, SSGC MMP maintains the capacity to produce up to million gas meters per annum. SSGC-LPG Ltd. (SLL) is SSGC’s wholly- owned fu
Slide 24: Meter Manufacturing Plant
METER MANUFACTURING PLANT SSGC owns the only meter manufacturing facility in the country wherein G-4 and G-1.6 gas meter models are being produced since 1974. A new Technology Transfer and License Agreement with the technology supplier along with satisfactory compliance to all due-diligence and
Slide 25: SSGC LPG Limited (SLL)
SSGC LPG LIMITED (SLL) SSGC’s help-line available 24/7 to take orders in addition to the SLL website/app. Social media presence enhanced thru LinkedIn, FB, SLL started its own imports in February 2020 and has grown its volumes in Instagram terms of imports SLL has signed an agreement with SNGPL f
Slide 26: SSGC AE (Pvt.) Ltd. - New Venture
SSGC AE (Pvt.) Ltd. - New Venture Bringing Unallocated Gases to consumers on competitive terms Nitrogen Production for optimization of gas specifications in exchange of natural gas for intelligent utilization Purchase of Biogas/ Biomethane (RNG) – BOO Model Power Generation at SMSs – Pressur
Slide 27: State-of-the-Art Real Time Monitoring - Transmission
STATE-OF-THE-ART REAL TIME MONITORING - TRANSMISSION SCADA system is installed at SSGC’s transmission network to remotely monitor and control the operations. The system is based on dedicated radio-wave frequency which is necessary since coverage of public GSM networks is neither complete nor reliabl
Slide 28: Real Time Monitoring & Control Systems - Distribution
REAL TIME MONITORING & CONTROL SYSTEMS - DISTRIBUTION GSM based Remote Monitoring system and Control Systems have been installed at TBS and CMS sites to enable seamless data access, vigilance and control. The system is capable of: Real time Monitoring & Control Data Trending Analytics Report
Slide 29: Full-Scale Digital Customer Management (CC&B)
FULL-SCALE DIGITAL CUSTOMER MANAGEMENT (CC&B) On ORACLE platform, SSGC has developed an integrated application to manage the entire billing and customer care operations. The CC&B is capable of handling and maintaining comprehensive customer management records, seamlessly integrated sales data, robus
Slide 30: Geographical Information System
GEOGRAPHICAL INFORMATION SYSTEM SSGC has developed GIS mapping system for Entire Franchise Area of SSGC (Karachi, Sindh and Balochistan) which is Pakistan’s First Large Scale and High- Resolution Digital Mapping System. It provides seamless integrated information of entire gas distribution and trans
Slide 31: New Supply Mains – Master Plan (Dist.)
NEW SUPPLY MAINS – MASTER PLAN (DIST.) S. Project Benefit Status No. 16” diameter x 5 Km Better pressures in SITE industrial Completed pipeline from Surjani area & Orangi Town. 1. Step-down Assy. to Madinat al Hikmah. 16” diameter x 6.2 Km Consistent pressures to Korangi & Completed pipeline from PS
Slide 32: New Supply Mains – Master Plan (Dist.)
NEW SUPPLY MAINS – MASTER PLAN (DIST.) 31
Slide 33: Countering Gas Theft
COUNTERING GAS THEFT Revolutionized Gas Theft Control by designing a concept and Operational Cycle for homing on to culprits, meaningful operations followed by efficient prosecution, conviction / punishment of culprits, recovery of lost gas volumes. Establishing Deterrence against potential thef
Slide 34: Questions & Answers Session
CORPORATE BRIEFING QUESTIONS & ANSWERS 05 SESSION 33
Slide 35: Thank You
Sui Southern Gas Company Limited Sui Southern Gas $$Gc | Company Limited Sui Southern Gas ss6c | Company Limited |Corporate Briefing| www. ssge.com.pk
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