Engro Polymer & Chemicals Limited · PSX:EPCL
Engro Polymer & Chemicals — Q1 2013 Earnings Presentation
6 slides from Engro Polymer & Chemicals's earnings presentation, Apr 29, 2013
Slide 1: EPCL Analyst Briefing Financial Results 1Q 2013
EPCL Analyst Briefing Financial Results 1Q 2013 Monday, April 29, 2013 1
Slide 2: Highlights 1Q 2013
HIGHLIGHTS 1Q 2013 § VCM plant demonstrated stable production in 1Q 2013 (production: 40 KT vs. 33 KT last year) § 3 KT VCM exports in 1Q 2013 vs. 3 KT VCM imports in 1Q 2012 § HCl project successfully completed for domestic sales (KT) 1Q'13 1Q'12 Production VCM 40 33 PVC 34 36 EDC 29 29 Caustic Sod
Slide 3: Market Highlights 1Q 2013
MARKET HIGHLIGHTS 1Q 2013 (KT) 1Q'13 1Q'12 PVC Domestic Sales Sales • EPCL maintained 78% market share in PVC domestic market • Strong demand from all market segments and exports to Afghanistan PVC Domestic 34 35 • EPCL sold PVC for consumption in medical grade rigid films Caustic Soda 25 25 PVC Exp
Slide 4: Financial Highlights 1Q 2013
FINANCIAL HIGHLIGHTS 1Q 2013 • Overall contribution margin grew by approximately 8% compared to last year • Major variance in PAT compared to last year • Better Caustic prices • Higher VCM exports • Lower interest costs • No insurance claim compared to Rs.391 M (before tax) in 1Q 2013 (Rs.M) 1Q ’13
Slide 5: Outlook
OUTLOOK • The management of the company will continue its focus and commitment on safe and sustained operations of the integrated facility at design operating level to obtain full economic benefits • PVC prices are expected to remain soft in 2Q 2013 • Caustic Soda prices are expected to remain stabl
Slide 6: Thank You!
engro polymer & chemicals THANK YOU!
Engro Polymer & Chemicals — Q1 2013 Earnings Presentation on 6ix