Petronas Chemicals Group Bhd. · MYX:PCHEM
Petronas Chemicals Group Bhd — Q3 2016 Earnings Presentation
26 slides from Petronas Chemicals Group Bhd's earnings presentation, November 2016
Slide 1: Quarterly Results Announcement: Highlights for the Quarter Ended September 2016
Cf PETRONAS PETRONAS CHEMICALS GROUP BERHAD QUARTERLY RESULTS ANNOUNCEMENT Highlights for the Quarter Ended September 2016 2d November 2016 © 2016 PETROLIAM NASIONAL BERHAD (PETRONAS) All rights reserved. No part of this document may be reproduced, stored in a retrieval system or transmitted in any
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: Key Highlights
(@) Key Highlights
Slide 4: Business Environment
Business Environment Cf PETRONAS 10 0 Jan-15 Brent Crude Price Apr-15 Jul-15 Oct-15 Jan-16 ¢@ Global GDP moderated to 2.4% @ Brent crude oil price remained level at USD46/bbl @ Petrochemical product spreads comparable to preceding quarter Apr-16 Jul-16 Oct-16 Page 4
Slide 5: Key Highlights
Key Highlights © PETRONAS Outstanding performance, strongest quarter ¢ Higher plant reliability and feedstock supply - 100% plant utilisation ¢ More sales volume, lower cost-to-serve - Stable margins amidst thin spreads ¢ Improved profits - 21% increase in EBITDA QoQ - 41% EBITDA margin Page 5
Slide 6: Financial Highlights
Financial Highlights
Slide 7: Q3 2016 Group Financial Results
Q3 2016 Group Financial Results PETRONAS Year to date RM Bil Individual quarter ended i Q3FY16 2% YTD FY 16 y Revenue a2 FY 16 YTD FY 15 Q3 FY 15 5% YTD FY 16 Q3 FY 16 y Profit after Tax goryis YTD FY 15 Q3 FY 15 5% 38% YTD FY 16 EBITDA QS FY 16 41% | 21% 1% GQ EBITDA t t margin Q2 FY 16 | 38% |. &
Slide 8: Q3 2016 Segmental Results - Olefins & Derivatives
Q3 2016 Segmental Results - Olefins & Derivatives Revenue (RM Million) « Lower revenue mainly due to lower petrochemical product prices ¢ EBITDA increased with volume, supported by favourable exchange rate Sept FY 15 Sept FY 16 Revenue (RM Million) i} EBITDA (RM Million) * Others comprise operations
Slide 9: Q3 2016 Segmental Results - Fertilisers & Methanol
Q3 2016 Segmental Results - Fertilisers & Methanol Revenue (RM Million) FEM Q3 FY 15 Q2 FY 16 Q3 FY 16 2,995 2,954 Others ¢ Urea and ammonia continue to be affected by oversupply Sept FY 15 Sept FY 16 « Methanol prices dampened by decreased demand for energy derivatives Revenue (RM Million) [J EBITD
Slide 10: Balance Sheet as at September 2016
Balance Sheet as at 30 September 2016 Total Assets Total Liabilities PETRONAS 29,922 30,627 Others Cash & cash equivalents. Trade & other receivables Trade & Other inventories Investment in joint ventures and associates Property, plant and equipment (PPE) Period Ended Sept 2016 Period Ended June 201
Slide 11: Group Cash Flow - Period Ended September 2016
Group Cash Flow - Period Ended 30 September 2016 SO PETRONAS Statement of Cash Flows (RM Million) (1,573) S 3,044 SS (1,949) (478) (21) 8,707 8,208 Le) Cash & cash Cash flow Cash flow used in Cash flow usedin Net decrease in Net FX impact Cash & cash equivalents at the generated from _ investing act
Slide 12: Operational Highlights
Operational Highlights
Slide 13: Operational Highlights
- - - Q3 2015 Q1 2016 Q2 2016 Q3 2016 Page 13
Slide 14: Operational Highlights
Q3'15 Q1'16 Q2'16 Q3'16 Page 14
Slide 15: Operational Highlights - SAMUR
Operational Highlights - SAMUR © PETRONAS Strengthening basic petrochemicals through SAMUR project =| 1. Ammonia Plant | Capable of producing 700 kKMTPA ammonia, primarily utilised as feedstock for urea production. 2. Urea Plant Consisting of urea and urea granulation plants; these plants are capabl
Slide 16: Operational Highlights - BPC Projects
Aroma Plant The integrated complex will produce citral, citronellol and L- menthol which are = aroma ingredients used in fragrance and flavor industries. HR-PIB construction Operational Highlights - BPC Projects Diversifying into specialty chemicals through BPC projects 2-EHA 2-EHA (2-Ethylhexanoic
Slide 17: Commercial Highlights
Commercial Highlights
Slide 18: Commercial Highlights - Olefins & Derivatives
Commercial Highlights - Olefins & Derivatives © PETRONAS O&D market anticipated to remain stable given tight supply in line with the stable crude oil outlook Ethylene Polymers 4 « TAs in ME and Asia # Outage at a major producer in Singapore « Slowdown in restocking towards year-end « Depreciation of
Slide 19: Commercial Highlights - Fertilisers & Methanol
Commercial Highlights - Fertilisers & Methanol Positive outlook for urea and methanol tracking high demand whereas ammonia outlook remains bearish on global oversupply Cf PETRONAS Urea t spot availability spring production cost of urea ¢ Indian purchase tender - tight « High demand in the US for ¢ H
Slide 20: Commercial Highlights
Commercial Highlights © PETRONAS Q3 2016 highlights... Recorded good overall performance through: « Focused execution of Marketing & Sales strategies and initiatives: - Reduction in cost to serve - Strengthen position in key market - Strategic volume shift Moving forward... Sustain commercial perfor
Slide 21: Closing Highlights
Closing Highlights
Slide 22: Closing Highlights
Closing Highlights © PETRONAS Focusing on execution in challenging environment Strive to sustain operational & commercial excellence - Maintain HSE as top priority Preparing SAMUR and Aroma Complex for commercial operations RAPID petrochemical projects progressing as planned Page 22
Slide 23: Q&A
Slide 24: Management team
Datuk Sazali Hamzah Rashidah Alias M Yusri M Yusof Managing Director/ Chief Financial Officer Head of Manufacturing Chief Executive Officer Akbar Md Thayoob Abdul Aziz Othman Edward Ong Head of Commercial Head of Strategic Planning & Ventures Head of Investor Relations Page 24
Slide 25: For further enquiries please contact us
For further enquiries please contact us at: Edward Ong Head of Investor Relations Tel: +603 2392 0747 PETRONAS Chemicals Group Berhad Level 14, Tower 1, PETRONAS Twin Towers Kuala Lumpur City Centre, 50088 Kuala Lumpur, MALAYSIA Fax: +603 2331 3060 petronaschemicals_ir@petronas.com.my www.petronasch
Slide 26: End of Document
End of Document
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