Petronas Chemicals Group Bhd. · MYX:PCHEM
Petronas Chemicals Group Bhd — PETRONAS Gas Berhad — Q1 2016 Earnings Presentation
20 slides from Petronas Chemicals Group Bhd's earnings presentation, May 10, 2016
Slide 1: PETRONAS Gas Berhad Quarterly Results Briefing
PETRONAS Gas Berhad Quarterly Results Briefing Highlights for the 1st Quarter Ended 31 March 2016 10 May 2016
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
Slide 4: PGB Management
PGB Management Yusa’ bin Hassan Aida Aziza binti Harris bin Harun Managing Director/ Mohd Jamaludin Head Chief Executive Officer Chief Financial Investor Relations Officer
Slide 5: Content Outline
Content Outline 4) Key Highlights (2) | Financial Performance G) [ Major Project Updates (4) | Strategic Focus 2016 |
Slide 6: Key Highlights for Q1 FY2016
Key Highlights for Q1 FY2016 • As of 1 January 2016, PGB has adopted cash flow hedge accounting to remove impact of unrealised forex on USD finance lease liability due to accounting mismatch. • No impact on realised payment. • On 7 January 2016, PGB has executed a Facility Agreement to finance the G
Slide 7: Key Highlights for Q1 FY2016
Key Highlights for Q1 FY2016 PGB has exceeded the OEE target resulted in PBS achieved for 3 months. 19.4 17.6 4.0 Q1 FY2015 Q4 FY2015 Q1 FY2016 Upward revision of fuel gas tariff effective 1 Jan 2016. No significant impact to the results as the increase in price is passed through to utilities custom
Slide 8: Content Outline
Content Outline | Key Highlights Financial Performance Major Project Updates ® 2 ) ® @ Strategic Focus 2016
Slide 9: Key Financial Highlights for Q1 FY2016
Financial Performance Key Financial Highlights for Q1 FY2016 RM Million Revenue Gross Profit Profit after Tax 3% 3% 1% 1% 1,130.6 34% 9% 1,101.3 1,136.7 595.6 450.0 447.3 579.6 411.0 431.1 Q1 Q4 Q1 Q1 Q4 Q1 Q1 Q4 Q1 FY2015 FY2015 FY2016 FY2015 FY2015 FY2016 FY2015 FY2015 FY2016 Cash Total Asset 3% 0
Slide 10: Revenue for Q1 FY2016
Financial Performance Revenue for Q1 FY2016 Solid performance contributed by Gas Processing and Gas Transportation segments. RM Million Revenue 3% 1% 1,136.7 1,130.6 • Q1 FY2016 vs Q1 FY2015 (Corresponding) 1,101.3 Higher OEE performance for GP. 153.5 164.7 160.8 Higher RGT storage fees due to s
Slide 11: Gross Profit & Cost of Revenue for Q1 FY2016
Financial Performance Gross Profit & Cost of Revenue (COR) for Q1 FY2016 RM Million Gross Profit COR 3% 9% 22% 34% 705.6 595.6 579.6 551.0 76.3 70.7 505.7 56.1 48.6 431.1 69.3 15.7 259.5 259.4 225.2 203.7 200.9 120.9 Q1 FY2015 Q4 FY2015 Q1 FY2016 Q1 FY2015 Q4 FY2015 Q1 FY2016 Gas Processing Gas Tran
Slide 12: Profit After Tax for Q1 FY2016
Financial Performance Profit After Tax (PAT) for Q1 FY2016 Profit upsurge its preceding record resulting from lower operating costs. RM Million PAT Gross Profit 3% Excl UF 11% 34% 1% 595.6 579.6 Unrealised forex (UF) Excl TI and UF 503.7 33% Tax incentives (TI) (53.7) 9% 431.1 Actual results 450.0 4
Slide 13: Shareholders' Fund and Cash & Cash Equivalents
Financial Performance Shareholders’ Fund and Cash & Cash Equivalents • Stronger shareholders’ fund on the back of stable profit for the quarter. • Sufficient cash from operations for dividends payment and financing CAPEX. RM Million 1% 161.5 3% 37.5 1,230.8 1,268.3 11,438.8 11,600.3 Dec 15 Mar 16 De
Slide 14: Content Outline
Content Outline | Key Highlights f Financial Performance Major Project Updates | Strategic Focus 2016 ] @ @) 3 | @)
Slide 15: Major Project Updates
Major Project Updates RGTP & ASU Our projects supporting development of Pengerang Integrated Complex are on track and progressing well Moving towards achieving by to date Target Commissioning Target Commissioning
Slide 16: Content Outline
Content Outline (4) | Key Highlights ] (2) [ Financial Performance | G) [ Major Project Updates | o
Slide 17: Strategic Focus 2016
Strategic Focus 2016 Strategic Focus 2016 Our strategic focus is to accelerate 3ZERO100 PGB Transformation whilst identifying long term sustainability TRANS to PER FORM Results Matter
Slide 18: For further enquiries please contact us at:
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 Results Mat
Slide 19: Thank you
Thank you www.petronasgas.com
Slide 20: Questions & Answer
Questions & Answer