Al Imtiaz Investment Group K.s.c.c · KSE:ALIMTIAZ
Al Imtiaz Investment Group K.s.c.c — Al Imtiaz Investment Group — H1 2024 Earnings Presentation
15 slides from Al Imtiaz Investment Group K.s.c.c's earnings presentation, Aug 21, 2024
Slide 1: Cover letter to Boursa Kuwait: Analysts' Conference Transcript
jay ALIMTIAZ GROUP Date: 21/08/2024 Ref: 2024/CAD/BK/084 Boursa Kuwait Company Kuwait Subject: Analysts’ Conference Transcript for Q2-2024 As per the requirements stipulated in article No. 7-8 (Listed Company Obligations) of Boursa Kuwait Rule Book — Version two - and in which Al-lmtiaz Investment G
Slide 2: Q2 2024 Earnings Call and Webcast transcript
Al Imtiaz Investment Group Company August, 19 2024 01:00 PM - Kuwait Local Time Q2 2024 Earnings Call and Webcast Yahya Charafeddine Hello everyone, and welcome to Al Imtiaz Investment Group, Second Quarter 2024 Earnings Call. This is Yahya Charafeddine from Arqaam Securities. And we are joined toda
Slide 3: Earnings call transcript (continued)
Wail Al-Aun Thank you, Mr Mahmoud. Regarding our key sustainability developments our workforce is at 2,817 employees, of which 25% are females. We also remain highly committed to our initiatives related to ESG which are progressing as per plan. Mahmoud Abdeljawwad Thank you, Wael. And in the last tw
Slide 4: Passion for Excellence, Driving Growth - H1 2024
PASSION FOR EXCELLENCE DRIVING GROWTH Earnings Presentation H1 2024 www.alimtiaz.com 1
Slide 5: Disclaimer
Disclaimer This document has been prepared and issued by Al Imtiaz Investment Group Company, K.S.C. (“AIIG”), a public company listed on Boursa Kuwait, which is regulated by Kuwait Capital Markets Authority and Kuwait Ministry of Commerce and Industry. The purpose of this document is to provide info
Slide 6: H1 2024 Key Financial Highlights
H1 2024 Key Financial Highlights Al Imtiaz Investment Group’s Gross Operating Profit increased by 21.4% y/y Key Financial Metrics Key Financial Ratios KD 9.7 KD (1.1) KD (3.2) (3.15) fils 21.4% (4.4)% Income from EBITDA Parent Net Loss Loss Per Share Gross Operating Profit Return on Equity1 Operatin
Slide 7: H1 2024 Financial Performance
H1 2024 Financial Performance Income from Operating Activities Net (Loss) Income from Operating Activities 17.1 3.3 13.7 13.9 1.0 9.7 (0.6) (1.6) 5.4 (7.0) 6M 2023 9M 2023 FY 2023 3M 2024 6M 2024 6M 2023 9M 2023 FY 2023 3M 2024 6M 2024 EBITDA Parent Net (Loss) Profit 1.4 4.5 2.7 (1.2) (1.8) 0.0 (3.2
Slide 8: Operating Income Key Drivers
H1 2024 Operating Income Key Drivers H1 2024 Income from Operating Activities – KD 9.7 Mn 1.4 0.1 0.7 9.7 2.7 -0.4 -0.5 -0.3 2.1 4.5 -0.6 Energy and Construction Education Financial (Real Estate) Services Real Estate Properties and Others Parent Pharmaceuticals IT and Technology Services Food and Be
Slide 9: Operating Expenses
H1 2024 Operating Expenses Operating Expenses increased 8.3% y-o-y to KD 11.3 Mn in H1 2024 Operating Expenses in H1 2024 KD 11.3 Mn Operating Expenses in H1 2023 KD 10.4 Mn 10% 21% 24% 13% 18% 14% 100% 13% 22% 23% 16% 17% 9% 100% 1.6 11.3 0.9 10.4 2.1 1.8 1.4 1.6 23% 2.7 2.5 2.4 2.3 30% 29% 1.1 1.4
Slide 10: EBITDA
H1 2024 EBITDA EBITDA decreased to KD (1.1) Mn in H1 2024 compared to KD 4.5 Mn in H1 2023 H1 2024 EBITDA – KD (1.1 Mn) 1.9 0.9 (0.1) (0.6) (0.2) 0.6 (1.5) (0.4) (0.5) (1.2) (1.1) Energy and Construction Education Financial (Real Estate) Services Real Estate Properties Parent and Others Pharmaceutic
Slide 11: NAV
H1 2024 NAV Balanced Portfolio with Sectorial Diversification Portfolio NAV as on Jun-23 Portfolio NAV as on Jun-24 IT Solutions IT Solutions Real Estate Properties Real Estate Properties Financial Services Financial Services 3% 4% 3% 2% 4% 18% 5% 18% Pharma Pharma 6% 7% 7% KD Listed 7% KD Listed 8%
Slide 12: Key Sustainability Achievements
Key Sustainability Achievements Key Commitments Key Initiatives Environment • Continue and enhance our program for Recycling electronic and plastic waste Achieve business goals across the group and continuity in a way • Adopting a new energy saving lighting system in Al Dhow Tower (70% - 90% energy
Slide 13: Profit and Loss
Profit and Loss Segment Reporting Income Statement H1 24 End H1 24 End (KD Mn) Jun-24 Jun-23 (KD Mn) Jun-24 Jun-23 Gross Profit from Subsidiaries 12.1 9.9 IT and Technology Services 2.1 1.2 Net investment profit 0.0 4.5 Financial Services (Real Estate) 0.1 3.5 Changes in FV of investment properties
Slide 14: Balance Sheet
Balance Sheet Balance Sheet Capital Structure (KD Mn) Jun-24 Jun-23 Cash and Cash Equivalents 9.8 14.5 Term Deposits 0.1 0.2 (KD Mn) Jun-24 Jun-23 Financial Assets at Fair Value 25.0 31.9 through Profit or Loss Accounts Receivable 34.3 27.4 Short Term Debt 16.2 13.1 Other Assets 4.9 5.1 Wakala Inves
Slide 15: Investor Relations
AL IMTIAZ INVESTMENT GROUP K.S.C. (PUBLIC) Al Dhow Tower, Khaled Bin Al Waleed St., Sharq P.O.Box: 29050, Safat, 13151, Kuwait Website: www.alimtiaz.com Investor Relations AL IMTIAZ INVESTMENT GROUP K.S.C. (PUBLIC) IR@alimtiaz.com +965 182 2282 www.alimtiaz.com 12
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