Petronas Chemicals Group Bhd. · MYX:PCHEM
Petronas Chemicals Group Bhd — PETRONAS Gas Berhad — Q3 2017 Earnings Presentation
26 slides from Petronas Chemicals Group Bhd's earnings presentation, Nov 13, 2017
Slide 1: Quarterly Results Briefing, Quarter Ended 30 September 2017
q GOING BEYOND PETRONAS PETRONAS GAS BERHAD QUARTERLY RESULTS BRIEFING Quarter Ended 30 September 2017 13 November 2017
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 = Welcoming Remarks = Opening Remarks = Presentation =" Q&A
Slide 4: PGB Management
PGB Management Faeiz Hasan Abrar Shariza Sharis M Yusof Kamal Bahrin Ahmad Chief Financial Officer Managing Director/ Head Investor Relations Chief Executive Officer 4
Slide 5: Key Highlights
KEY HIGHLIGHTS
Slide 6: Key Highlights
Key Highlights 3ZEROLOOS i BEARSND'S Progressing well 7 Ly, Safe, Reliable & Efficient with enhancement of execution strategy Excellent PBS C2OEE PDR plant Omths 97.6% 100% performance (Electricity) Higher Profit, RM1,307 mi supported by prudent OPEX spending 2016: RM1,273 Mil Growth Projects suppor
Slide 7: Performance
PERFORMANCE
Slide 8: Gas Processing
GAS PROCESSING Recorded strong OEE, demonstrating our commitment in ensuring security of gas supply to the nation and sustenance of PBS OEE (%) = — World Class ot. == 3 a fy SALESGAS aE & |B RELIABILITY a || Gee 100% ‘17 ‘16 ‘17 ‘16 === @ee Product PBS a8 8 3 |s 5 Delivery Reliability 9 months ‘17 1
Slide 9: Gas Transportation & Regasification
GAS TRANSPORTATION & REGASIFICATION Continued to sustain its world class performance in system reliability while Regasification maintained its strong performance Reliability (%) OEE (%) a O_o a a Too) = [ory ~ Oo} oO oO o So mat a jak a 8 a {S18 af & 12 +a oY YTD YTD Q3 Q2 Q3 YTD YTD Q3 Q2 Q3 ‘17 (‘
Slide 10: Utilities
UTILITIES Higher electricity and steam volume driven by higher offtake by customers and better pricing, supported by strong plant performance ° 149 173 Q3 Q2 Q3 17 ‘17 ‘16 PRODUCT DELIVERY RELIABILITY 100% (Electricity) 10
Slide 11: Performance
PERFORMANCE
Slide 12: Financial Performance
lower gross profit, but higher for the period overall Financial Performance = Marginally lower profits against preceding and corresponding quarter on © RM Billion Revenue | i Profit After Tax Q3'17 Q2'17 Q3'16 Q3'17,— 0 Q2'17,—— 216 Q2'17, Q2'16 1.31 1.27 YTD '17 YTD ‘16 YTD ‘17 YTD ‘16 12 YTD ‘17 Y
Slide 13: Gas Processing Segment
© Gas Processing Segment Lower gross profit due to higher depreciation in tandem with completion of several capital projects with continued PBS albeit at lower tranches YTD Revenue QTR Revenue RM Million Q3'17 Q2'17 Q3'16 QTR Gross Profit 13
Slide 14: Gas Transportation Segment
S Gas Transportation Segment Broadly comparable revenue with lower operational maintenance costs resulting in improved gross profit for the period YTD Revenue QTR Revenue RM Million YTD Gross Profit RM15.1M . 14
Slide 15: Utilities Segment
Utilities Segment Lower gross profit and gross profit margin mainly due to higher cost of sales resulting from upward revision of fuelgas price and depreciation YTD Revenue QTR Revenue RM Mil RM Million Ao UT TOTAL @) “5% 293.5 3,505.9 riya} RM81.4M 277.6 3117 a2'17 Q3'16 YTD Gross Profit QTR Gross
Slide 16: Regasification Segment
Sa) Regasification Segment Lower gross profit and gross profit margin mainly due to higher lease and rental. YTD Revenue QTR Revenue RM Mil ; RM Million A ee — 167.0 TOTAL : 3,505.9 165.2 162.8 Q317 Q217 Q3'16 QTR Gross Profit RM Mil ). -4% ao 76.3 (A) : +0.3% i RM14.3M_ 73.6 73.4 Q3'17 Q2'17 Q3'16
Slide 17: Total Assets
Total Assets Robust asset base supported by healthy Group’s cash balance as well as property, plant and equipment. Total Assets RM million 17,414.67 16,547.7 +RMO.9 billion (A) +5.2% Other Assets Cash & Cash Equivalents Property, Plant & Equipment 12,945.3 12,807.5 As at 30 September 2017 As at 31 D
Slide 18: Dividends
Dividends Maximising shareholders return and dividend payment per industry dividend payout ratio Dividend Payout Ratio Quarterly Dividend Payment 60% 64%) ° 62 60 55 55 50 47 : ‘12 ‘13 ‘14 15 16 YTD Q3 ‘17 Dividends Per Share (Sen) Notes, Based on normalised PAT (excluding tax incentives) 15 sen 14
Slide 19: Outlook
OUTLOOK
Slide 20: Key Projects Updates
KEY PROJECTS UPDATES RGTP and ASU is ahead of schedule with no reported HSE incident and within approved budget. RGTP Commercial Operation starts on 1 November 2017. 69% Progress 61% Progress Target Commercial Target Commercial Operation Date Operation Date 98% Progress Q4 2018 Q4 2018 Commercial Op
Slide 21: TPA Implementation
TPA IMPLEMENTATION Ensuring effective implementation of Third Party Access (TPA) in compliance with Gas Supply (Amendment) Act 2016 by 16 Jan 2018. * License application - ° Allthree licenses for PGU, RGTSU and RGTP was submitted on 24 October 2017. o=| ° Commercial * Submitted RGTP =¢ documentation
Slide 22: Strategic Focus
STRATEGIC FOCUS
Slide 23: Strategic Focus
STRATEGIC FOCUS Achieve competitiveness, productivity and efficiency as well as growth in our pursuit of becoming world class organisation Improve and Enhance 3ZERO100 sustain HSSE BEYOND | BEYOND performance DIGITAL AS execution ENABLER Commercial Excellence & Growth Strategy 23
Slide 24: 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 Faeiz Hasan Abrar Head, Investor Rela
Slide 25: Thank You
Of PETRONAS THANK YOU www.petronasgas.com
Slide 26: Question & Answer
Question & Answer