Asia300

PETRONAS Chemicals Group Bhd.

Malaysia

  • 1m
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  • 1y
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Mar 24, 2017
Prev close: 7.52
Mar 24, 2017
Market cap:
Market cap(USD):
60,160M
13,593.9M
Shares: 8,000M

Currency in MYR

Company profile

Market(Ticker): KLS(5183)
Sector:
Industry:
Process Industries
Chemicals: Specialty
Full time employees: --

Business summary

PETRONAS Chemicals Group Bhd. is an investment holding company, which engages in the manufacture, marketing, and sale of a range of chemical products. It operates through the following segments: Olefins and Derivatives; Fertilizers and Methanol; and Others. The Olefins and Derivatives segment produces and markets olefin and polymer products which are used as basic feedstock for other products, to intermediate products including basic performance chemicals. The Fertilizers and Methanol segment includes methanol and a range of nitrogen, phosphate, and compound fertilizers. The Others segment comprises of operations related to investment holding company and port services which provide product distribution infrastructure to the group. The company was founded on March 25, 1998 and is headquartered in Kuala Lumpur, Malaysia.

Company background

Petronas Chemicals Group is a leading chemical producer in Southeast Asia. It has several plants in Malaysia and production capacity of more than 10 million metric tons a year. The company makes a variety of chemicals used in fertilizers and plastics, including olefins, polymers and methanol. Its products are sold in more than 30 countries, particularly in Asia-Pacific.

Petronas Chemicals is led by Chairman Wan Zulkiflee Wan Ariffin, who is also a director of holding company, Petronas, the state-owned oil and gas company. Zulkiflee, a process engineer, joined Petronas in 1983.

Petronas Chemicals is one of Petronas' five listed subsidiaries. The parent company is not listed.

In the news

Financial highlights

Dec 2016

  • Local currency
  • US Dollar
Revenue 13,860M
Gross profit 5,303M
Operating income 4,185M
Income before tax 4,093M
Net income 2,932M
EBITDA 5,543M
Diluted EPS 0.37
Dividends per share 0.19
Total assets 31,948M
Total liabilities 3,635M
Total equity 27,042M
Operating cash flow 4,022M

Currency in MYR

Revenue 3,345.63M
Gross profit 1,280.07M
Operating income 1,010.20M
Income before tax 987.99M
Net income 707.74M
EBITDA 1,338.01M
Diluted EPS 0.08
Dividends per share 0.04
Total assets 7,121.71M
Total liabilities 810.29M
Total equity 6,028.08M
Operating cash flow 970.86M

Currency in USD

Valuation measures

Dec 2016

PER 18.86
ROA 9.19%
ROE 11.31%
Operating margin 30.19%
Profit margin 21.15%

Key executive

  • President, CEO & Executive Director: Sazali bin Hamzah
  • Chief Financial Officer: Rashidah binti Alias
  • Chief Innovation & Technology Officer: Ross Forrest Gilmour
  • Head- Corporate Affairs & Administration: Siti Azlina Abdul Latif
  • Head-Strategic Planning & Ventures: Abdul Aziz bin Othman

Share holders

  • Government of Malaysia(64.3%)
  • Employees Provident Fund(10.9%)
  • Permodalan Nasional Bhd.(6.1%)
  • Kumpulan Wang Persaraan(3.0%)
  • The Vanguard Group, Inc.(1.1%)
  • Public Mutual Bhd.(1.0%)
  • BlackRock Fund Advisors(0.5%)
  • Great Eastern Life Assurance Co. Ltd.(0.4%)
  • CIMB-Principal Asset Management (S) Pte Ltd.(0.4%)
  • Eastspring Investments Bhd.(0.4%)

Address

  • Website: http://www.petronaschemicals.com.my
  • Address: Level 15, Tower 1, PETRONAS Twin Towers, Kuala Lumpur, 50088, Malaysia
  • Phone: +60.3.2051.5000

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