Petronas Chemicals Group Bhd. · MYX:PCHEM
Petronas Chemicals Group Bhd — PETRONAS Gas Berhad — FY2018 Earnings Presentation
19 slides from Petronas Chemicals Group Bhd's earnings presentation, 2019
Slide 1: 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: Event agenda
2:00 pm Arrival of Guests and Registration 2:30 pm Event starts • Safety briefing • Welcoming note 2:40 pm Presentation on PGB FY2018 Financial Results 3:00 pm Presentation on Third Party Access 3:40 pm Q&A 4:15 pm Session ends Light refreshments 5:00 pm Adjourn
Slide 4: Business Highlights
Slide 5: Business Highlights
Business Highlights Sustained strong PBS C2 OEE PDR plant performance 12mths 99.3% 100% Electricity RGTP operation is running smoothly while ASU Train 1 has achieved commercial operation in December 2018 24 Term of 20-year Gas Processing Agreement (GPA) with PETRONAS > effective 1 January 2019 to 31
Slide 6: Higher profit on higher revenue stream
Higher profit on higher revenue stream Profit After Tax RM Million 1,842 1,741 «oeNormalised PAT =O=PAT = *Excluding KPSB Tax adjustment impact 2014 2015 2016 2017 2018
Slide 7: th Vi
th Vi
Slide 8: Strong OEE, demonstrating commitment in ensuring system reliability
Cy NG Strong OEE, demonstrating commitment in ensuring system reliability and sustenance of PBS OEE (%) spa C1 C2 World Class Reliability 509 YTD 99.8 99.5 98-6 99.2 oon ols ols oon ol 018 Performance Based 99.2 99-8 99.3 98.0 Structure onths 73.4 mil 2017 2018 2017 2018 100% 100% .
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 99.97 99.99 99.99 World Class Reliability YTD Regasification l 1 I I I I | I I _
Slide 10: Higher sales volume for electricity and industrial gases y-o-y
Higher sales volume for electricity and industrial gases y-o-y on the back of higher customer demand Electricity Steam Industrial Gases (GWh) (kMT) (Mil Nm3) Product Delivery Reliability YTD 1,072 1933 1,052 100% a4 Q 2017 2018 2018 2017 2018 2018 2017 2018 2018 100% 1,849 1,877 4,121 4.078 | I 1 |
Slide 11: Financial Performance
FINANCIAL PERFORMANCE
Slide 12: RM Mil RM Mil RM Mil
RM Mil RM Mil RM Mil RM Mil RM Mil RM Mil
Slide 13: Lower gross profit on comparable revenue y-o-y
G Lower gross profit on comparable revenue y-o-y on higher depreciation expense post statutory turnarounds © RM Mil ae g 1% joven 0.4% ( evenue Group $92 390 Revenue RM1,571 mil = RM5,498 mi LI \ Q4 Q3 Q4 2017 2018 2018 RM Mil R 3% Group 154 158 149 Gross Profit RM639 it 2% ; mi ° Profit | | ‘| RM2,
Slide 14: Gas transportation: lower revenue and gross profit
ATION Lower revenue and gross profit in relation to operations and maintenance revenue from Sabah Sarawak Gas Pipeline @ RM Mil ae g 2% Revenue. ae Revenue : ‘ Grou 344 346 Revenue HIBPER RM1,361 mil 2% 337 i | || ~~ a4 Q3 a4 2017 2018 2018 RM Mil 2 RM1,018 mil {+ 3% a4 Q3 4 2017 2018 2018 14
Slide 15: Gross profit surged with new regasification terminal at Pengerang
Gross profit surged with contribution from the new regasification terminal at Pengerang | 0a ’ YTD 2018 RM Mil po f 1% ns Group Revenue Regas, RM1,245 mil t 61% 277 ait RMS5,498 mila Li Q3 2017 2018 oni RM Mil 1 RM698 mil Bes5% a4 Q3 4 2017 2018 2018 15
Slide 16: Higher revenue and gross profit on higher sales volume
@ Higher revenue and gross profit y-o-y on the back of higher sales volume and favourable selling prices | 0a ’ YTD 2018 RM Mil T 12% Pee BY 2% 349 341 Group : t ; Revenue WMS RM1,321 mil T 13% 305 || RM5,498 mi 4 a3) 2017 2018 2018 RM Mil eee ¥ 10% Gross — ¥ 47% ; ; Gross Profit RM181 mil T20% 62 R
Slide 17: Robust asset base supported by healthy cash balance
Robust asset base supported by healthy cash balance as well as property, plant and equipment RM Mil 18,424 17,627 Other Assets Cash & Cash Equivalents Property, Plant & Equipment 31-Dec-17 31-Dec-18 17
Slide 18: Ensuring shareholders return through sustained dividend payments
Ensuring shareholders return through sustained dividend payments Quarterly Dividend Payment Dividend Payout Ratio Dividend per share (sen) 2017 72.8% 1 | 16 | 2018 78.7% 66 72 2018* 73.6% *Excluding KPSB tax 31-Dec-17 31-Dec-18 adjustment impact 18
Slide 19: 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