Petronas Chemicals Group Bhd. · MYX:PCHEM
Petronas Chemicals Group Bhd — PETRONAS Gas Berhad — Q1 2019 Earnings Presentation
23 slides from Petronas Chemicals Group Bhd's earnings presentation, Mar 31, 2019
Slide 1: Quarterly Analyst Briefing for Quarter Ended 31 March 2019
-~ PUSHING * FORWARD 7 > "ay ~ } PETRONAS j t NG ) GAS TRANSPORTATION > REGASIFICATION > UTILITIE PETRONAS GAS BERHAD QUARTERLY ANALYST BRIEFING FOR QUARTER ENDED 31 MARCH 2019 ~
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: PGB Management
PGB MANAGEMENT Kamal Bahrin Ahmad Managing Director/ Chief Executive Officer PETRONAS Shariza Sharis M Yusof Chief Financial Officer Abdul Razak Saim Head, Business Development & Commercial Izan Hajar Ishak Head, Investor Relations
Slide 5: Highlights
> HIGHLIGHTS
Slide 6: Highlights
HIGHLIGHTS 2» & & Excellent Plant Performance High plant reliability sustained OEE>98%, Reliability>99% PDR Electricity & Steam at 100% Higher Revenue #1% at RM1,368M (Q1 2018: RM1,351M) Higher Profit @5% at RM531M (Q1 2018: RM505M) > & oe) 24 Term GPA New remuneration terms Higher Reservation Charg
Slide 7: Operational Performance
> OPERATIONAL PERFORMANCE
Slide 8: Gas Processing
GAS PROCESSING Strong OEE, demonstrating commitment in ensuring system reliability and sustenance of PBS OEE (%) Ct 99.8 99.8 99.7 Ql Q4 Ql 2018 2018 2019 C2 99.6 992 98.7 Ql a4 2018 2018 Ql 2019 World Class Reliability YTD Salesgas 100% Processing Product 100% Delivery Performance Incentive 3 month
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 Reliability (%) 99.98 99.99 100 Ql a4 Ql 2018 2018 2019 Regasification OEE (%) RGTSU RGTP 100 100 100 2018 2018 2019 2018 2018 201
Slide 10: Utilities
UTILITIES Sustained sales volume for electricity and steam on the back of customer demand Electricity Steam GWh kMt 1,028 1,052 1,032 490 495 493 Qi @4 al 2018 2018 2019 Qi a4 al 2018 2018 2019 Industrial Gases Mil Nm? 168 172 i I Ql Ql a4 2018 2018 2019 Product Delivery Reliability YTD Electricity
Slide 11: Financial Performance
> FINANCIAL PERFORMANCE
Slide 12: Financial: Gas Processing
FINANCIAL: GAS PROCESSING Higher revenue and gross profit on higher GPA remuneration terms ° YTD 2019 RM Mil Revenue Group Revenue RM1,368 mil RM Mil Gross Profit Group Gross Profit RM599 mil 2018 2018 2019 le
Slide 13: Financial: Gas Transportation
FINANCIAL: GAS TRANSPORTATION Lower revenue and profit in line with IBR tariff RM Mil Revenue RM Mil Gross Profit 2018 2018 2019 YTD 2019 Group Revenue RM1,368 mil Group beeeeeed Gross Profit RM599 mil 13
Slide 14: Financial: Regasification
FINANCIAL: REGASIFICATION Lower revenue and profit in line with IBR tariffs ° YTD 2019 Revenue Group Revenue RM1,368 mil RM Mil Vv 9% ~---- 7% : ! v Group G Profit | | 158 RM599 mil Qi @4 al 2018 2018 2019 °
Slide 15: Financial: Utilities
FINANCIAL: UTILITIES Higher revenue on the back of favourable electricity and steam prices RM Mil Revenue Ql 2018 2018 2019 RM Mil : _ _ Profit 46 46 2018 2018 2019 YTD 2019 Group Revenue RM1,368 mil Group Gross Profit RM599 mil 15
Slide 16: Financial: Group
FINANCIAL: GROUP Higher revenue from Gas Processing and Utilities offset the lower revenue from Gas Transportation and Regasification Gross Profit Profit After Tax RM Mil A 1% RM Mil RM Mil Ww 1% 1,351 1387 1,368 peceeeeeeeees A 5% A 55% Ql a4 Ql Ql Q4 al Qt a4 Ql 2018 2018 2019 2018 2018 2019 2018
Slide 17: Total Assets
TOTAL ASSETS Robust asset base supported by healthy cash balance as well as property, plant and equipment RM Mil 18,424 18,987 Other Assets Cash & Cash Equivalents Property, Plant & Equipment 31-Dec-18 31-Mar-19 17
Slide 18: Dividends
DIVIDENDS Maximising shareholders return through sustained dividend payments Quarterly Dividend Payment Dividend per share (sen) 72 z : 31-Dec-18 31-Mar-19 Dividend Payout Ratio 2018 79% 74%* *excluding KPSB tax adjustment impact in Q4 2018 Qi2019 61% 18
Slide 19: Updates
>> UPDATES
Slide 20: Incentive Based Regulation
INCENTIVE BASED REGULATION Pilot Regulatory Period tariffs for PGU, RGTSU and RGTP effective 1 January 2019 REGULATED UNREGULATED Allowing Access TRANSPORTATION UTILITIES \ REGASIFICATION GAS PROCESSING PETRONAS
Slide 21: New Growth Opportunities
NEW GROWTH OPPORTUNITIES Growth initiatives are now taking shape 21
Slide 22: Q&A
>> QsA
Slide 23: PETRONAS Contact Details
PETRONAS 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 Izan Hajar Ishak Head, Investor Relations Tel: +603 2331 9366