Asia300

PETRONAS Chemicals Group Bhd.

Malaysia

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  • 1y
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Feb 23, 2018
Prev close: 8.11
Feb 23, 2018
Market cap:
Market cap(USD):
64,880M
16,557.4M
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 2017

  • Local currency
  • US Dollar
Revenue 17,407M
Gross profit 6,366M
Operating income 4,985M
Income before tax 5,220M
Net income 4,177M
EBITDA 6,594M
Diluted EPS 0.52
Dividends per share 0.27
Total assets 33,262M
Total liabilities 4,394M
Total equity 27,865M
Operating cash flow 5,409M

Currency in MYR

Revenue 4,048.59M
Gross profit 1,480.63M
Operating income 1,159.43M
Income before tax 1,214.08M
Net income 971.50M
EBITDA 1,533.66M
Diluted EPS 0.12
Dividends per share 0.06
Total assets 8,218.92M
Total liabilities 1,085.74M
Total equity 6,885.34M
Operating cash flow 1,258.04M

Currency in USD

Valuation measures

Dec 2017

PER 14.80
ROA 12.63%
ROE 15.21%
Operating margin 28.63%
Profit margin 23.99%

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(7.3%)
  • Permodalan Nasional Bhd.(5.0%)
  • Kumpulan Wang Persaraan(3.0%)
  • Public Mutual Bhd.(1.5%)
  • The Vanguard Group, Inc.(1.2%)
  • Great Eastern Life Assurance Co. Ltd.(0.8%)
  • BlackRock Fund Advisors(0.7%)
  • CIMB-Principal Asset Management (S) Pte Ltd.(0.4%)
  • Norges Bank Investment Management(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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