Petronas Chemicals Group Bhd. · MYX:PCHEM
Petronas Chemicals Group Bhd — Q3 2017 Earnings Presentation
24 slides from Petronas Chemicals Group Bhd's earnings presentation, Nov 9, 2017
Slide 1: Analyst Briefing for Quarter Ended 30 September 2017
Analyst Briefing for Quarter Ended 30 September 2017 9th November, 2017 6.00 pm
Slide 2: Disclaimer
Disclaimer Warranties and Exclusion of Liability PETRONAS Chemicals Group Berhad ("PCG’), its subsidiaries and related corporations confirm that care has been taken in ensuring the accuracy and correctness of information, statements, text, articles, data, images and other materials contained and app
Slide 3: Management Presenters
Datuk Sazali Hamzah Rashidah Alias Mahadzir Rani Managing Director/ Chief Financial Officer Head of Manufacturing Chief Executive Officer Shamsairi M Ibrahim Akbar M Thayoob Zaida Alia Shaari Head of Commercial Head of Strategic Planning & Ventures Head of Investor Relations Page 3
Slide 4: Key Highlights
PETRONAS ~~ Ss Key Highlights |
Slide 5: Petrochemicals Market Spread
Petrochemicals Market Spread USD/bbl USD/mt 400 60 350 55 300 50 250 200 45 150 40 100 35 50 0 30 Page 4
Slide 6: 9-month profit record in years
9-month profit record in 6 years © PETRONAS =Plant utilisation strong at 91% Stable feedstock supply Steady early operations at SAMUR = Sales volume 10% higher than 2016 Strong demand from downstream petrochemical sectors Tight supply in the region = PAT record high at RM3.4 billion, 54% higher y-o-
Slide 7: Financial Highlights
EXCELLENCE. 9 © DYNAMIC GROWTH atone Financial Highlights | -
Slide 8: 3Q 2017 Group Financial Results
3Q 2017 Group Financial Results PETRONAS Year to date Individual quarter ended 3Q FY 17 YTD FY 17 . 10% Production t Volume 2Q FY 17 Kmt YTD FY 16 3Q FY 16 YTD FY 17 3Q FY 17 Revenue cary RM Mil YTD FY 16 3Q FY 16 3Q FY 17 YTD FY 17 7 Profit After Tax 2Q FY 17 RM Mil YTD FY 16 3Q FY16 . 3Q FY 17 29%
Slide 9: Segmental Results: Olefins & Derivatives
Segmental Results: Olefins & Derivatives Revenue * Others comprise of operations related to investment holding company and port services which provide product distribution infrastructure to the Group. ** Difference in revenue numbers reflects post inter-business consolidation. 2.542 2539 2633 Revenu
Slide 10: Segmental Results: Fertilisers & Methanol
Segmental Results: Fertilisers & Methanol 1445 1,403 O&D Revenue Revenue EBITDA m3QFY16 m2QFY17 m3QFY17 1 i ' ' i ' H ' 4,355 : ' i : ' Others H ' ' i ' ' i ' H ' Revenue EBITDA H * Others comprise of operations related to investment holding company and port Hi services which provide product distrib
Slide 11: Balance Sheet as at September 2017
Balance Sheet as at 30 September 2017 PETRONAS Total Assets Total Equity &Liabilities 31,948 32,136 31,948 32,136 Others Cash & cash equivalents Trade & other receivables Trade & Other inventories Investment in joint ventures and associates Equity Property, plant and equipment (PPE) Other liabilitie
Slide 12: Cash flow as at September 2017
Cash flow as at 30 September 2017 PETRONAS Statement of Cash Flows (RM million) 4,232 (2,708) pss Vv 7,403 (828) iz (57) 6,518 Cash & cash Cash flow generated — Cash flow used in Cash flow (used Net Net Cash & cash equivalents at the from operating investing activities in)/generated from _increase/(
Slide 13: Manufacturing Highlights
EXCELLENCE. 9 © DYNAMIC GROWTH atone Manufacturing Highlights | 0
Slide 14: Operational highlights
Operational highlights YTD Group Plant Utilisation above 90% PCG is on track to deliver production target despite heavy planned maintenance activities Successful execution of statutory turnaround and major maintenance at Kerteh facilities Mature in planning and execution minimise the impact of the o
Slide 15: Plant utilisation and production volume
8 120 % 100% 7 93% 93% utilisation 86% 100 % 73% 6 80% 5 4 60% 3.8 4.0 3.5 3 3.3 40% 2 2.8 1 20% Volume (million MT) 0 0% 2013 2014 2015 2016 YTD 2017 • • Page 14
Slide 16: 3Q 2017 Segmental Operational Performance
3Q 2017 Segmental Operational Performance PETRONAS Fertiliser and Methanol (F&M) Operation Urea Production soe (thousand MT) ir | | 74% 93% 90% 2013 * Successful Utilisation 75% 80% 5.0 44 43 Volume illion MT) 2014 2015 2016 YTD 2017 completion of turnaround at PC Ammonia in Kerteh. * PC Fertiliser
Slide 17: Project stages: commissioning to commercial operation
Commercial Operation Performance test run Commissioning Mechanical completion Construction Page 16
Slide 18: Commercial Outlook
EXCELLENCE. 9 © DYNAMIC GROWTH atone > , oS Commercial Outlook | O
Slide 19: Ethylene, Polymers, MEG, Aromatics outlook
Ethylene Polymers MEG Aromatics Q3 2017 Q3 2017 Q3 2017 Q3 2017 (vs Q2 2017) (vs Q2 2017) (vs Q2 2017) (vs Q2 2017) Q4 2017 Q4 2017 Q4 2017 Q4 2017 (Forecast) (Forecast) (Forecast) (Forecast) Page 18
Slide 20: Urea, Ammonia, Methanol outlook
Urea Ammonia Methanol Q3 2017 Q3 2017 Q3 2017 (vs Q2 2017) (vs Q2 2017) (vs Q2 2017) Q4 2017 Q4 2017 Q4 2017 (Forecast) (Forecast) (Forecast) Page 19
Slide 21: Highlights and sustainability
Highlights and sustainability © PETRONAS Q3 2017 highlights... Overall Execllent performance through: ¢ Focused execution of all Commercial Excellence initiatives with emphasis on: - Roll out on Digitalisation initiatives - Supply reliability — Priority delivery to Key Account = Customer advocacy —
Slide 22: Moving Forward
EXCELLENCE. 9 © DYNAMIC GROWTH atone ° c Moving Forward | @ cS
Slide 23: PCG will continue to focus on key success areas
PCG will continue to focus on key success areas © PETRONAS Operational Q) Sustain world-class operational performance Excellence and strengthen HSE program Commercial and Q Deliver value through commercial Innovation excellence and tailor-made solutions EXCELLENCE Excellence Effective project delive
Slide 24: Website and investor relations email
Website: www.petronaschemicals.com Email : petronaschemicals_ir@petronas.com
PETRONAS Chemicals Group Berhad — Q3 2017 Earnings Presentation on 6ix