Engro Polymer & Chemicals Limited · PSX:EPCL
Engro Polymer & Chemicals — 4Q 2017 Earnings Presentation
8 slides from Engro Polymer & Chemicals's earnings presentation, 2018
Slide 1: Analyst Briefing 2017
engro polymer & chemicals ANALYST BRIEFING 2017
Slide 2: International Business Context
International Business Context • International PVC Price USD/Ton Q1 Q2 Q3 Q4 – PVC prices remained weak 1,200 during 4Q of 2017 until 951 1,000 925 December when demand picked 800 up and supported prices. Off 600 late PVC prices have shown strength September November January May October December Feb
Slide 3: Ethylene, Crude oil and PVC
Ethylene, Crude oil and PVC • Analysis of ethylene and crude oil prices USD/Ton USD/bbl – In 2017, ethylene and crude 70 1,400 oil did not follow the precise 1,200 50 pattern and relationship 30 remained weak 1,000 800 May 10 January September October November December March April June July February
Slide 4: Domestic Market Overview
Domestic Market Overview PVC Caustic – EPCL achieved its highest ever – Caustic soda sales performed in sales and production numbers line with same period last year for a year in 2017 – Market dynamics remained – The Company posted a 11% stable volumetric growth on YoY basis and was constrained by c
Slide 5: Business Highlights
Business Highlights Caustic Domestic Market Share * 4Q 2017 4Q 2016 2017 2016 Caustic Production (KT) 28 25 105 103 32% Caustic Sales Volume (KT) 22 19 84 83 68% Hypo Sales (KT) 7 7 24 22 HCL Sales in (KT) 6 6 18 18 EPCL Others PVC Domestic Market Share * 4Q 2017 4Q 2016 2017 2016 16% PVC production
Slide 6: Financial Summary
Financial Summary PKR Million 4Q 2017 4Q 2016 2017 2016 Total Revenue 7,341 6,245 27,731 22,854 Profit/(Loss) Before Tax 239 1,129 3,115 1,187 Profit/(Loss) After Tax 106 628 2,053 660 • In 2017, the Company achieved a revenue of Rs 27,731 Mn as against Rs. 22,854 Mn in 2015 • The Company posted a p
Slide 7: Outlook for 1Q '18
Outlook for 1Q ‘18 • Domestic PVC demand is expected to remain stable on account of favorable outlook for construction and project completion ahead of elections • Caustic Soda market is expected to remain stable • Ethylene volatility is expected to stay muted 7
Slide 8: Thank You
engro polymer & chemicals Thank You
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