8 may 2014 - petronaschemicals.com.my chemicals group berhad •urea •ammonia •methanol updated...

PETRONAS Chemicals Group Berhad

8 May 2014


Sazali HamzahPresident/Chief Executive Officer

Farina Farikhullah Khan Chief Financial Officer

Nor Shahda ZakariaHead of Investor Relations

Akbar Md ThayoobHead of Commercial

Abdul Aziz Othman Head of Strategic Planning and Ventures

M Yusri M Yusof Head of Manufacturing

1


Steady global economy

Mixed market conditions

Marked improvement in operational performance,

particularly the Olefins & Derivatives segment

Strong financial performance

Updated

2


* Earnings per share, based on weighted average number of shares issued.

(RM million) Quarter ended 31 Mar 2014

Quarter ended31 Dec 2013

Quarter ended 31 Mar 2013

Revenue 3,806 3,349 4,455

Operating profit 1,047 524 1,590

Share of profits from associates and jointly controlled entities

49 70 61

PBT 1,092 586 1,651

PAT 839 498 1,236

EPS* 9 sen 6 sen 14 sen

EBITDA 1,247 712 1,780

EBITDA margin 33% 21% 40%

14%

100%

(30%)

86%

68%

50%

75%

(15%)

(34%)

(20%)

(34%)

(32%)

(36%)

(30%)

Updated

3


Q1 FY13 Q2 FY13 Q3 FY13 Q4 FY13 Q1 FY14

4,455 3,872

3,527 3,349 3,806

1,780 1,552 1,032 712

1,247

29%40%40%

Plant Utilisation (%)

Revenue, EBITDA (RM million) & EBITDA Margin (%)

21%

93%

83%

69%66%

80%

33%

Updated

4


99%

87%

78%

67%

97%


3,164 2,778 2,665 2,625

2,859

1,193 1,005

758 442

879

28%

Olefins & Derivatives

36%38%

Fertilisers & Methanol

88%80%

63% 65% 67%


1,343 1,142

912 779 1,005

599 550 285 295 400

Plant Utilisation (%)

Revenue, EBITDA (RM million) & EBITDA Margin (%)

31%48%45%17% 38%31% 40%

Updated

5

PETRONAS Chemicals Group Berhad 6

External reliability

- strengthened supplier relationship management

Internal reliability

- enhanced plant maintenance program

Focused and effective turnaround

Updated


(RM million) Quarter Ended

31 Mac 2014

Quarter Ended

31 Mac 2013Change

Cash flows generated from operating activities 785 1,425 (640)

Cash flows used in investing activities (550) (183) (367)

Cash flows (used in)/generated from financing

activities(957) (17) (940)

Net increase/ (decrease) in cash & cash equivalents (722) 1,225 (1,947)

Cash & cash equivalents at beginning of the period 10,155 9,307 848

Cash & cash equivalents at end of the period 9,432 10,538 (1,106)

Updated

7


• Urea

• Ammonia

• Methanol

Updated

8

In the near term, the outlook on product prices in Q2 remain generally

healthy and firm, with the exception for urea and aromatics given the

long supply situations.

Firm olefins and derivatives on supply

tightness

Weaker aromatics on robust supply

environment

• Ethylene

• Polymers

• MEG

• Aromatics

Steady methanol and ammonia on

balanced fundamentals

Softer urea markets on rising

supply

Olefins & Derivatives Fertilisers & Methanol


For further enquiries please contact us at: PETRONAS Chemicals Group BerhadLevel 14, Tower 1, PETRONAS Twin Towers KUALA LUMPUR CITY CENTRE, 50088 KUALA LUMPUR, MALAYSIA

Fax: +603 2331 [email protected]

Nor Shahda Zakaria, Head of Investor RelationsTel: +603 2331 2615

Liew Lai JingTel: +603 2331 7899

Ezalman Reezal Hadenan Tel: +603 2331 0481

Izan Hajar IshakTel: +603 2331 9366


Thank you

www.petronaschemicals.com

8 may 2014 - petronaschemicals.com.my chemicals group berhad •urea •ammonia •methanol updated...

Documents