Petronas Chemicals Group Bhd. · MYX:PCHEM

Petronas Chemicals Group Bhd — PETRONAS Gas Berhad — Q1 2017 Earnings Presentation

19 slides from Petronas Chemicals Group Bhd's earnings presentation, May 16, 2017

  1. Slide 1: PETRONAS Gas Berhad Quarterly Results Briefing

    PETRONAS Gas Berhad Quarterly Results Briefing Highlights for the 1st Quarter ended 31 March 2017 16 May 2017 Open

  2. 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

  3. Slide 3: Agenda

    Agenda  Welcoming Remarks  Opening Remarks  Presentation  Q&A Open

  4. Slide 4: PGB Management

    PGB Management Yusa’ bin Hassan Harris Harun Aida Aziza Mohd Jamaludin Managing Director/ Chief Executive Officer Chief Financial Officer Head Investor Relations Open

  5. Slide 5: Content Outline

    Content Outline 16 May 2017 5 Open

  6. Slide 6: Key Highlights for Q1 FY2017

    Key Highlights for Q1 FY2017 • Companies Act 2016 (CA 2016) became effective 31 January 2017. • Under CA 2016, Company’s shares no longer have par value and the share premium account has become part of the company’s share capital. However, the Company is given 24 months to finalise the utilisation o

  7. Slide 7: Key Highlights for Q1 FY2017

    Key Highlights for Q1 FY2017 • PGB has exceeded the OEE target for plant liquid extraction performance. • Achieved PBS income (Q1 FY2017: 3 months) RM0.1M (1%) RM2.9M (20%) 17.6 17.7 14.8 Q1 FY2016 Q4 FY2016 Q1 FY2017 Open

  8. Slide 8: Key Highlights for Q1 FY2017

    Key Highlights for Q1 FY2017 • Upwards revision of fuel gas tariff by RM1.50/mmbtu effective 1 Jan 2017 and 1 July 2016 respectively. • No significant impact to the results as the increase in price is passed through to utilities customers. Price Initial 1 Jan 14 1 Mar 15 1 July 15 1 Jan 16 1 July 16

  9. Slide 9: Content Outline

    Content Outline | Key Highlights ] (2) © as @) [ Major Project Updates |

  10. Slide 10: Financial Performance

    Financial Performance Key Financial Highlights for Q1 FY2017 RM Million Revenue Gross Profit Profit after Tax RM38.6M (3%) RM15.3M (1%) RM28.5M (5%) RM15.9M 1,130.6 1,153.9 1,169.2 RM69.3M (4%) (14%) RM0.1M 579.6 (0%) 551.1 481.8 463.3 447.3 463.2 Q1 Q4 Q1 Q1 Q4 Q1 Q1 Q4 Q1 FY2016 FY2016 FY2017 FY20

  11. Slide 11: Financial Performance: Revenue

    Financial Performance Revenue for Q1 FY2017 RM Million RM38.6M (3%) RM15.3M (1%) 1,169.2 Q1 FY2017 vs. Q1 FY2016 1,130.6 1,153.9 (Corresponding) 148.8 164.3  Higher UT revenue in line with higher 160.8 offtake from customers coupled with upward revision of fuel gas price effective 1 January 2017 an

  12. Slide 12: Financial Performance: Gross Profit

    Financial Performance Gross Profit for Q1 FY2017 RM Million RM28.5M (5%) RM69.3M (14%) 579.6 551.1 70.7 481.8 77.6 48.6 75.9 43.5 GP Q1 FY2017 vs. Q1 FY2016 36.7 (Corresponding)  Higher staff costs and depreciation 259.4 expense. 253.3 230.4 GP Q1 FY2017 vs. Q4 FY2016 (Preceding)  Lower operating

  13. Slide 13: Financial Performance: Profit After Tax

    Financial Performance Profit After Tax (PAT) for Q1 FY2017 RM Million RM15.9M (4%) RM0.1M (0%) Q1 FY2017 vs. Q1 FY2016 447.3 463.3 463.2 (Corresponding)  Higher share of PAT from associate and JV coupled with higher other income from interest income on fund investment placement, internal gas consum

  14. Slide 14: 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 BAU CAPEX. RM Million RM94.4M RM185.3M (1%) (11%) 12,061.1 11,966.7 1,948.4 1,763.1 3

  15. Slide 15: Content Outline

    Content Outline | Key Highlights ] [ Financial Performance TOTS) Major Project Updates

  16. Slide 16: Major Project Updates

    Major Project Updates RGTP, ASU & PGPP Our projects supporting development of Pengerang Integrated Complex are on track and progressing well Overall progress 86% as at 31 Mar 17 Target Commissioning Q4 FY2017 Overall progress 27% as at 31 Mar 17 Target Commissioning Q4 FY2018 Overall progress 96% as

  17. Slide 17: Going Beyond

    GOING BEYOND For further enquiries please contact us at Address : PETRONAS Gas Berhad Level 51, Tower 1, PETRONAS Twin Towers KUALA LUMPUR CITY CENTRE, 50088 KUALA LUMPUR, MALAYSIA Fax : +603 2331 6992 Ema petronasgas@petronas.com.my Website :www.petronasgas.com Harris Harun Head, Investor Relations

  18. Slide 18: Thank you

    Thank you www.petronasgas.com Open

  19. Slide 19: Questions & Answer

    Questions & Answer Open

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