Open

PETRONAS Dagangan Berhad

Analyst Briefing for Q3 FY2019

25 November 2019

Open

Key Highlights for Q3 FY2019

Financial Results

Focus Areas

Q&A

Open

Key Highlights

1

3

Continued volatility of Dated Brent and

Petroleum Product Prices in Q3 FY2019;

Interim dividend of 16 sen/share was

declared for Q3 FY2019.

Registered Q3 FY2019 PBT of RM 317.7mil

and RM 938.3mil for YTD FY2019; and

Improved volume by 7% and 6% against

Q3 FY2018 and YTD FY2018, respectively;

4

2

Open

40

50

60

70

80

90

100

Dated Brent Mogas DieselUSD/BBL

Continued volatility of Dated Brent and Petroleum

Product Prices in Q3 FY2019

78.60

74.6777.91

73.87

69.84

74.67

64.04

59.00

62.86

Open

6

82.691.0

132.9

107.5

96.885.6 93.0

84.0

Q4FY2017

Q1FY2018

Q2FY2018

Q3FY2018

Q4FY2018

Q1FY2019

Q2FY2019

Q3FY2019

Malaysia economic indicators

Q3 FY20194.4

Q3 FY2018

0.5Q3 FY2019

Q3 FY2018

Q3 FY2019: 84.0

Q3 FY2018: 107.5

100 threshold

Gross Domestic Product (%)

Manufacturing Index

3%Sept FY2019122.1Sept FY2018

22%

Unchanged

0.8% pts

Inflation Rate (%)

Car Sales (Unit)

Q3 FY2019146,667

Q3 FY2018165,25611%

Source: BNM, DOSM, MAA and MIER

Consumer Sentiment Index

119.1

4.4

1.3

Open

Key Highlights for Q3 FY2019

Financial Results

Focus Areas

Q&A

Open

8

1,106.9

938.3

YTD FY2018

YTD FY2019

7,819.3

7,606.2

7,807.2

Q3 FY2018

Q2 FY2019

Q3 FY2019

457.6

307.1

386.5

Q3 FY2018

Q2 FY2019

Q3 FY2019

Group Financial Performance The Group overall Revenue grew by 1% against YTD FY2018 following higher volume, however this was offset by higher OPEX resulting in lower PBT

Revenue

(RM mil)

0.2%3%

22,167.4

22,499.4

YTD FY2018

YTD FY2019

1%

Profit Before Tax

(RM mil)

1,282.8

1,136.5

YTD FY2018

YTD FY2019

19%34%

16%26%

EBITDA

(RM mil)

11%

15%

Item Q3 FY2019 Q2 FY2019 Q3 FY2018 YTD FY2019 YTD FY2018

Average Selling Price (RM) 1.93 1.96 2.06 1.92 2.01

EPS (sen) 24.1 17.4 27.2 70.8 80.8

391.5

237.6

317.7

Q3 FY2018

Q2 FY2019

Q3 FY2019

Open

Consolidated Statement of Financial PositionStrong Return on Equity and strengthened cash position

9,170.8

10,076.4

31 Dec2018

30 Sept2019

Total Assets (RM mil)

5,897.1 6,011.6

31 Dec 2018 30 Sept 2019

Equity attributable to shareholders of the Company(RM mil)

2,237.9

3,338.4

31 Dec 2018 30 Sept 2019

Cash and Cash Equivalents (RM mil) Return on Equity

Return on Total Assets

14.6% 15.7%

31 Dec 2018 31 Sept 2019

9.4% 9.4%

31 Dec 2018 31 Sept 2019

0.04%

8%

49%

2%

10%

Unchanged

Open

Dividend per share (RM sen)

For Q3 FY2019, PetDag has declared dividend of 16 sen, with higher dividend payout as compared to Q3 FY2018

For Q3 FY2019, PetDag has declared dividend amounting to 16 sen/share

Q3 FY2019Q2 FY2019Q1 FY2019Q3 FY2018

16141516

Q3 FY2018 Q1 FY2019 Q2 FY2019 Q3 FY2019

Dividend

Payout (%)62 54 80 67

Open

Key Highlights for Q3 FY2019

Financial Results

Focus Areas

Q&A

Open

Focus Areas

Leverage PETRONAS Primax 95 with Pro-Drive for Volume Growth

Sustain/Defend Market Leadership

Grow Non-Fuel Profitability Through Strategic Partnerships

and Differentiated Offerings

Safe, Reliable and Efficient Operations

Digitally Enabled

Creating seamless and

frictionless customer

experience

Open

Key Highlights for Q3 FY2019

Financial Results

Focus Areas

Q&A

Open

© 2019 Petroliam Nasional Berhad (PETRONAS) 14Open