Petronas Chemicals Group Bhd. · MYX:PCHEM
Petronas Chemicals Group Bhd — PETRONAS Gas Berhad — Q3 2014 Earnings Presentation
17 slides from Petronas Chemicals Group Bhd's earnings presentation, Nov 5, 2014
Slide 1: PETRONAS Gas Berhad Quarterly Results Briefing
PETRONAS Gas Berhad . Quarterly Results Briefing Highlights for the 3rd Quarter ended 30 September 2014 5 November 2014 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, reco
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 Aida Aziza Azlimi bin Harris bin Harun Yusa’ bin Hassan binti Mohd Mohd Lazim Managing Head Jamaludin Head Director/Chief Investor Relations Head Gas Executive Finance Processing & Officer Utilities
Slide 5: Key Highlights
Key Highlights Implementation of the new Gas Processing Agreement (GPA) and Gas Transportation Agreements (GTA) have strengthen PGB’s revenue base through higher Reservation Charge and capacity booking, respectively. Full quarter and period contribution from LNG Regasification Terminal operation
Slide 6: Key Highlights (Quarter Corresponding & Preceding)
Key Highlights (Quarter Corresponding & Preceding) Stable performance for Q3, FY2014 contributed by Gas Processing and Gas Transportation. RM million Revenue Gross Profit Profit After Tax 5% 2% 3% 24% 10% 10% 1,123.5 Excluding DTA 4% 1,102.4 8% 581.7 1,022.9 150.8 555.5 157.6 435.3 516.0 84.2 418.6
Slide 7: Key Highlights (Year-to-date)
Key Highlights (Year-to-date) Solid performance for the period contributed by Gas Processing and Gas Transportation coupled with contribution from new business segment i.e. Regasification. RM million Revenue Gross Profit Profit After Tax 15% 11% 25% 1,673.3 20% 21% 3,280.1 3% Excluding DTA 1,509.4 2
Slide 8: Segmental Performance – Revenue (Q3 FY13)
Segmental Performance – Revenue Q3 FY14 vs. Q3 FY13 Higher revenue primarily attributed by Utilities business resulting from higher offtake and upward revision of electricity tariff by customers. RM Million 100.6 7% 32% 10% 6% 9% 63.8 11.0 1,123.5 1,022.9 21.7 26.1 150.8 161.8 • Higher Revision of 2
Slide 9: Segmental Performance – Revenue (Q2 FY14)
Segmental Performance – Revenue Q3 FY14 vs. Q2 FY14 PGB Revenue was higher by 2% mainly contributed by higher utilities revenue. RM Million 21.1 4% 1% 1% 9% 2% 21.0 6.8 1,123.5 1,102.4 4.1 2.8 157.6 150.8 Higher OEE • Higher Higher Revision of 243.6 performance than RSA tariff. 264.6 capacity revenu
Slide 10: Segmental Performance – Revenue (YTD)
Segmental Performance – Revenue YTD Q3 FY14 vs. YTD Q3 FY13 Higher revenue primarily attributed by Regasification segment following three full quarters operations of LNG Regasification Terminal in Sungai Udang, Melaka. RM Million 416.0 159% 15% 3% 3,280.1 8% 14% 284.7 2,864.1 70.5 92.5 463.9 31.7 17
Slide 11: Segmental Performance – Results (Q3 FY13)
Segmental Performance – Results Q3 FY14 vs. Q3 FY13 GP was higher by 8% against corresponding quarter mainly due to contribution from Gas Transportation, Utilities and Gas Processing segments. 39.5 RM Million 8% 11.0 17.7 22.6 555.5 23.6 516.0 Higher • Higher Revision of revenue Revision capacity re
Slide 12: Segmental Performance – Results (Q2 FY14)
Segmental Performance – Results Q3 FY14 vs. Q2 FY14 GP was lower by 5% against preceding quarter mainly due to lower contribution from Utilities, Regasification and Gas Transportation segments. 26.2 RM Million 5% 581.7 10.9 555.5 9.5 8.2 2.4 Higher cost of Lower Higher repair & Higher PBS revenue du
Slide 13: Segmental Performance – Results (YTD)
Segmental Performance – Results YTD Q3 FY14 vs. YTD Q3 FY13 GP was higher by 11% against corresponding period mainly due to contribution from Regasification segment. 163.9 RM Million 11% 63.8 32.3 76.8 1,673.3 144.6 1,509.4 Three full • Higher Higher revenue • Lower PBS quarters capacity from all in
Slide 14: Shareholders Fund and Cash & Cash Equivalents
Shareholders Fund and Cash & Cash Equivalents Strong shareholders’ fund on the back of higher profit for the period and lower cash & cash equivalents due to higher dividend payment and capital expenditure. RM million 1% 1% 10,350.0 912.1 10,265.7 901.1 31-Dec-13 30-Sep-14 31-Dec-13 30-Sep-14 Shareho
Slide 15: For further enquiries
For further enquiries ptez 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 15
Slide 16: Thank you
Thank you www.petronasgas.com
Slide 17: Questions & Answer
Questions & Answer