Petronas Chemicals Group Bhd. · MYX:PCHEM
Petronas Chemicals Group Bhd — PETRONAS Gas Berhad — Q3 2018 Earnings Presentation
23 slides from Petronas Chemicals Group Bhd's earnings presentation, 2018
Slide 1: PETRONAS copyright notice
© 2017 PETROLIAM NASIONAL BERHAD (PETRONAS) All rights reserved. No part of this document may be reproduced in any form possible, stored in a retrieval system, transmitted and/or disseminated in any form or by any means (digital, mechanical, hard copy, recording or otherwise) without the permission
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 * Opening Remarks — ° Presentation ' + Q&A
Slide 4: Kamal Bahrin Ahmad and Abdul Razak Saim
Kamal Bahrin Ahmad Managing Director/ Chief Executive Officer Abdul Razak Saim Head, Business Development & Commercial
Slide 5: Key Highlights
KEY Ye, HIGHLIGHTS
Slide 6: Key Highlights
KEY HIGHLIGHTS Sustained strong PBS C2 OEE PDR plant performance 9mths 99.3% 100% Electricity & Steam Higher Profit on higher RM1,566 mi revenue stream from RGTP YTD Q3 2017: RM1,306 Mil Growth Projects supporting PIC on schedule and within budget. RGTP has commenced operation and running smoothly w
Slide 7: Operational Performance
th Vi
Slide 8: Gas Processing: strong OEE and reliability
Cy NG Strong OEE, demonstrating commitment in ensuring system reliability and sustenance of PBS OEE (%) wae Cl C2 World Class Reliability 509 YTD 99.7 99. 99.7 99.5 ons one l | | | — a3 a2. 3 a2. 3 2017 2018 2018 2017 2018 2018 99.8 98.9 99.3 Performance Based 97.6 Structure nths 55.7 mil YTD YTD YT
Slide 9: 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 99.99 99.97 99.99 100 100 World Class Reliability YTD Regasification OC l I I I
Slide 10: Higher sales volume for electricity, steam and industrial gases
Higher sales volume for electricity, steam and industrial gases on the back of higher customer demand Electricity (GWh) Qs Q2 2017 2018 2018 1,393 1,402 YTD YTD 2017 2018 A T a Q3 Q3Q2.)—iB Steam (KMT) 1,000 65, 1-033 2017 2018 2018 3,049 3,026 YTD YTD 2017 2018 Industrial Gases (Mil Nm3) Product De
Slide 11: Financial Performance
FINANCIAL PERFORMANCE
Slide 12: Financial summary (RM Mil)
RM Mil RM Mil RM Mil RM Mil RM Mil RM Mil
Slide 13: Higher revenue and gross profit y-o-y on higher PBS income
@ G Higher revenue and gross profit y-o-y on higher PBS income, lower against preceding due to depreciation costs RM Mil 392 395 i i | Qa a2 2017-2018 RM Mil Gross a Profit 71 = Li Q3 Q2 2017 2018 Q3 2018 ’ YTD 2018 Group Revenue RM1,181 mil} 1% RM4,111 mil/ > y Group Weed Gross Profit RM482 mil J 1
Slide 14: Revenue: improved on operations and maintenance income
@ Revenue ATION Improved revenue on income from operations and maintenance services RM Mil RM Mil Q3 2017 Q3 2017 2018 Q2 2018 2018 Q3 2018 YTD 2018 Group : 5 Revenue RM1,023 mil ® 4% RM4,111 mil Grou Gross Profit RM785 mil @ 3% 14
Slide 15: Gross profit surged with new Pengerang regasification terminal
@ Revenue Gross Profit Gross profit surged with contribution from the new regasification terminal at Pengerang RM Mil oo TB 20% ff 2% | 311-316 a3 46a.) 2017 2018 +2018 RM Mil ———— 139% W777 | Q3 Q2 Q3 2017, 2018 =. 2018 YTD 2018 Grou Revenue WEE RM926 mil ff 86% RM4,111 mil igen Group . Gross Profi
Slide 16: Higher revenue and gross profit across all products
@ Higher revenue and gross profit across all products on the back of higher sales volume and favourable selling prices RM Mil T 26% bee P 13% Revenue RM981 mil t 14% 308 RM4,111 mil 278 Qs 2 Q3 2017 2018 +~=—-2018 RM Mil T 128% Gross po 9 Grou = ' a f 53% Gross Profit RM148 mit f 31% Profit ' ! 62 R
Slide 17: Robust asset base and healthy cash balance
Robust asset base supported by healthy cash balance as well as property, plant and equipment RM Mil 17,627 18,328 Other Assets Cash & Cash Equivalents Property, Plant & Equipment 31-Dec-17 30-Sep-18 17
Slide 18: Maximising shareholders return through sustained dividends
© Maximising shareholders return through sustained dividend payments Quarterly Dividend Payment Dividend Payout Ratio Dividend per share (sen) 50 66 2017 72% % 31-Dec-17 30-Sep-18 18
Slide 19: Updates
Slide 20: ASU progress on track for December 2018
ASU progress is on track and expected to be ready in December 2018 Air Separation Unit (ASU) = @ Progress 97.1% Target Commercial Operation Date Q4 2018 IW Project IW Project IW Zero schedule cost Fatality 20
Slide 21: Discussions with Energy Commission on tariff beyond 2018
ENT We are in continuous discussions with the Energy Commission on the framework and quantum of the tariff beyond 2018 2018 _—=sés= - --- ---- -- 1; 2019 EC to issue Draft tariff I I I I Expected tariff guidelines determination 1 I I I new tariff End Q1 Q3 Q2 PGB to submit proposed tariff Q4 Finalis
Slide 22: Question & Answer
Of PETRONAS Question & Answer
Slide 23: 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 ir.petronasgas@petronas.com www.petronasgas.com