Financial Highlights 1H FY2013 Enlighten the World P&L Highlights 1H FY2013 1H FY2012 Change (In HKD million) (In HKD million) (%) Revenue 23,590 36,262 -35% Gross Profit 741 1,133 -35% Gross Profit Margin 3% 3% - Fair Value…
Financial Highlights 1H FY2013 Enlighten the World Balance Sheet Highlights At 31/12/2012 At 31/12/2011 Change (In HKD million) (In HKD million) (%) Non current assets Property, plant & equipment (Include VLCC under…
Financial Highlights 1H FY2013 Enlighten the World Balance Sheet Highlights (Contd) At 31/12/2012 At 31/12/2011 Change (In HKD million) (In HKD million) (%) Current liabilities Short term loan 6,437 6,543 -2% Accounts payable…
Enlighten the World Business Highlights International Trading and Bunkering 8
Business Highlights International Trading and Bunkering Business Review Enlighten the World Key highlights Continue to be the major driver of the Groups revenue; sales volume in 1H FY2013 of approximately 2.8 million MT, decreased…
Business Highlights International Trading and Bunkering Global Presence in 1H FY2013 Enlighten the World Latest presence PRC market coverage: Shenzhen, Shanghai, Ningbo, Zhoushan; International market coverage: Hong Kong,…
Business Highlights International Trading and Bunkering Upcoming Business Plan Enlighten the World Business strategy and upcoming development Fuel oil business: Further expansion of bunkering presence into first tier bunker ports…
Business Highlights International Trading and Bunkering Fuel Oil and Marine Fuels Business Plan Enlighten the World Establish fuel oil trading in Houston and Geneva trading office and start European/ Singapore arbitrage trade…
Business Highlights International Trading and Bunkering Gasoil Business Plan Enlighten the World Work with marine team to grow marine gasoil bunkering business Develop expertise to trade low sulphur gasoil Establish gasoil trading…
Business Highlights International Trading and Bunkering Crude Business Plan Enlighten the World Build reputation as a reliable crude supplier to refineries in North Asia (especially China) Increasing participation in more crude…
Business Highlights International Trading and Bunkering Petrochemicals Business Plan Enlighten the World Petrochemical trading in Singapore to start in FY2013 Identify stable supply sources Secure term sales into China Secure…
Enlighten the World Business Highlights Marine Transportation 16
Business Highlights Marine Transportation Business Review Enlighten the World Key highlights The first three VLCCs were delivered in July, September and November 2012 respectively. These vessels are Brightoil Glory, Brightoil…
Business Highlights Marine Transportation Industry Performance Enlighten the World Potential tanker value appreciate Large demand for VLCCs in China market Historical tanker ship value and average earning Chinese government has…
Business Highlights Marine Transportation Upcoming Business Plan Enlighten the World Business strategy and upcoming development 1 VLCC, the Brightoil Grace, was delivered in January 2013; the last VLCC is expected to be delivered in…
Enlighten the World Business Highlights Oil Storage and Terminal Facilities 20
Business Highlights Oil Storage and Terminal Facilities Business Review Enlighten the World Key highlights Phasing of Brightoil capacity (In million m3) Dalian and Zhoushan oil storage and terminal facilities Zhoushan I Zhoushan…
Business Highlights Oil Storage and Terminal Facilities Zhoushan Waidiao Island Enlighten the World Tank foundation Site leveling Barge jetty Facts Brightoil owns 100% of the oil storage facilities and 55% of the terminal…
Business Highlights Oil Storage and Terminal Facilities Dalian Changxing Island Enlighten the World Site leveling completed Geographical Surveying Facts Brightoil owns 100% of the oil storage facilities and 60% of the terminal…
Business Highlights Oil Storage and Terminal Facilities Industry Performance Enlighten the World Strategic Petroleum Reserve (SPR) plans initiated in 2004 with around 50 million m3 capacity confirmed as parts of Phase 1 and Phase 2…
Enlighten the World Business Highlights Upstream Business 25
Business Highlights Upstream Business Business Review and Upcoming Business Plan Enlighten the World Dina 1 Gas Field Key highlights 2 wells in production Current production rate: Natural gas : 1.2-1.3 million m3/ day…
Business Highlights Upstream Business Business Review Enlighten the World Tuzi Gas Field Key highlights Tuzi Gas Field Overall Development Plan (ODP) has been approved by National Development and Reform Commission in 30 December…
Business Highlights Upstream Business Industry Performance Enlighten the World Gas consumption forecast in China Residential gas consumption grows rapidly, commercial gas consumption grows simultaneously e.g. transportation sector…
Enlighten the World Q&A 29
Enlighten the World Appendix 30
Appendix International Trading and Bunkering Marine Fuels Industry Performance Enlighten the World China Market China bonded bunker market (million tonnes) 14 Industry forecasts the demand on bonded bunker fuel 12 in China will…
Appendix International Trading and Bunkering Gasoil Industry Performance Enlighten the World Middle distillates is the main source of oil demand growth globally. The share of the total oil demand has increased to 36% in 2010…
Appendix International Trading and Bunkering Crude Industry Performance Enlighten the World Global crude trade flows divides East and West across axis from Russia, Middle East and West Africa Asian short, and in particular China,…
Appendix International Trading and Bunkering Petrochemicals Enlighten the World Key market for petrochemicals is in Asia, especially China Target products are the Aromatics (Benzene, Toluene, Xylene) and others such as Styrene…
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