Heavy Engineering Industries & Shipbuilding Co. (ksc) · KSE:SHIP

Heavy Engineering Industries & Shipbuilding Co. (ksc) — Q4 2025 Earnings Presentation

26 slides from Heavy Engineering Industries & Shipbuilding Co. (ksc)'s earnings presentation, Mar 4, 2026

Slide 1: Supplementary Disclosure letter to Boursa Kuwait
(Asle) Bach Cpaautleling ALB) Arwrigh Glelioall aS pd Heavy Engineering Industries & Shipbuilding Co. k.s.c (Public) Date:9"" March 2026 Reference: CM/AR/024/2026 To: Greetings, Boursa Kuwait Subject: Supplementary Disclosure of Analyst conference transcript for the 4th quarter of the financial year
Slide 2: Supplementary Disclosure Form
aSall cleaiy) ci gai -Supplementary Disclosure Form_ Date 9'" March 2026 2026 Gus 9 ea) Name of the listed | Heavy Engineering vied) elisg LLM Asuatell cole Leal 464 company Industries & Shipbuilding ee eS wea P| ep pal AS ye pu Co. K.S.C. (Public) ae (Fev Supplementary Disclosure ; _ ena Disclosure
Slide 3: Analyst Conference Transcript for 4th Quarter 2025
HEISCO HEAVY ENGINEERING INDUSTRIES & SHIPBUILDING CO. K.S.C (Public) ANALYST CONFERENCE TRANSCRIPT FOR THE FINANCIAL RESULTS for 4th Quarter 2025 Wednesday 4/3/2026 HEISCO Participations: Mr. Abdulrazzaq Alothman Corporate Director - General Affairs Mr. Joseph Mathew Chief Financial Officer Mr. Wal
Slide 4: Transcript: Opening and business updates
Zeina Fares: Good evening, ladies and gentlemen. This is Zeina Fares from EFG Hermes Research, and I’d like to welcome you all to HEISCO’s 4Q-2025 Results Conference Call. With us on the line today is Mr. Abdulrazzaq Abdulqader - Corporate Director of General Affairs, Mr. Waleed Attiya - Corporate D
Slide 5: Transcript: Engineering hub and approvals
Our engineering hub in India is working well. It’s established already and we passed through this in our previous presentation. Now it’s working in full capacity. Also, HEISCO has secured approvals from Qatar Energy for the manufacturing of storage tanks, pressure vessels and columns as well as from
Slide 6: Transcript: Dividend and revenue breakdown
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Slide 7: Transcript: Outlook and Q&A
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Slide 8: FY-2025 Virtual Summit
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Slide 9: Agenda
Agenda Page 1 Disclaimer 3 2 Vision & Mission 4 3 About HEISCO 5 4 HEISCO’s Strategy 6 5 Performance Highlights 10 6 Financial Overview 11 7 Appendix 15 8 Q&A 18 2
Slide 10: Disclaimer / Forward-Looking Statements
ŝƐĐůĂŝŵĞƌ &KZtZͲ>KK</E'^ddDEd^ This information set out in this presentation and provided in the discussion subsequent thereto does not constitute an offer or solicitation of an offer to buy or sell securities. It is solely for use as an investor presentation and is provided as information only. Thi
Slide 11: HEISCO's Vision and Mission
HEISCO’s Vision To become the customers’ first preferred Company for Shipbuilding, Ship Repair & Maintenance, Fabrication, Oil & Gas Construction, Civil Works, Industrial Maintenance, Dredging and Offshore services in Kuwait and other Middle East and North African regions. HEISCO’s Mission HEISCO ai
Slide 12: About HEISCO
About HEISCO HEISCO is a dynamic group of companies committed to maintaining sustained growth by meeting its customers' schedules and quality requirements. HEISCO provides its customers value-added services at competitive prices by evolving efficient cost- control measures and regularly upgrading ou
Slide 13: HEISCO's Strategy
HEISCO’s Strategy Introduction This report provides an overview of HEISCO Group’s key activities, including business updates, upcoming projects, and company strategic initiatives. HEISCO, as a group, achieved significant milestones in revenue growth, project execution, and operational Quality effici
Slide 14: HEISCO's Strategy
HEISCO’s Strategy Business Updates Regional Expansion Strategy HEISCO strives to expand into key markets across Kuwait, Saudi Arabia, Qatar, Oman, Bahrain, and Iraq, focusing on Civil, Mechanical, Electrical, and Instrumentation Quality Construction, maintenance as well as Fabrication services withi
Slide 15: HEISCO's Strategy
HEISCO’s Strategy The Saudi Electricity Company (SEC) approvals: SEC has approved our company for the supply, installation, maintenance, and repair of heat exchangers following a successful technical evaluation and facility inspection in Saudi Arabia and Kuwait. This approval adds to our existing
Slide 16: HEISCO's Strategy
HEISCO’s Strategy Engineering Hub in India: HEISCO established a subsidiary, “HEISCO Engineering India Pvt. Ltd.” in India headquartered in Chennai to strengthen the company’s EPC capabilities and delivering high-quality engineering solutions across multiple industries while supporting its expanding
Slide 17: Performance Highlights - Consolidated
PERFORMANCE E HIGHLIGHTS S - CONSOLIDATED D KD’ Million Except EPS & Dividend ZsEh EdWZK&/d /d W^ јϮϲй јϴй јϭϱй јϴй ϮϬϱ͘ϳϴ&zͲϮϬϮϱ ϵ͘ϴϭ&zͲϮϬϮϱ ϭϵ͘ϯϰ&zͲϮϬϮϱ ϱϰ͘ϰϴ&zͲϮϬϮϱ ϭϲϯ͘ϭϰ&zͲϮϬϮϰ ϵ͘Ϭϳ&zͲϮϬϮϰ ϭϲ͘ϴϭ&zͲϮϬϮϰ ϱϬ͘ϯϰ&zͲϮϬϮϰ ^^d^ Yh/dz >//>/d/^ KZZKt/E'^ /s/E јϭϳй јϱй јϮϰй јϮϬй јϮϵй Ϯϱ&/>^ &z Ϯϯϵ͘Ϯϴ&zͲϮϬ
Slide 18: Breakdown of Revenue by Business Line
Z<KtEK&ZsEhzh^/E^^>/EͲKE^K>/d KD ’000 h^/E^^>/E &zϮϬϮϱ &zϮϬϮϰ йŚĂŶŐĞ h^/E^^>/EzŽz /Eh^dZ/>͕K/>Θ'^ ϭϴϮ͕Ϯϭϴ ϭϮϲ͕ϯϭϲ ϰϰ͘Ϯϲй K&&^,KZ ^,/WzZ ^,/WzZ ϭϬ͕ϲϴϰ ϴ͕ϯϳϱ Ϯϳ͘ϱϴй /Eh^dZ/>͕K/>Θ'^ K&&^,KZ ϭϮ͕ϴϴϲ Ϯϴ͕ϰϱϳ Ͳϱϰ͘ϳϮй Ϭ ϭϬϬ͕ϬϬϬ ϮϬϬ͕ϬϬϬ dKd>ZsEh ϮϬϱ͕ϳϴϴ ϭϲϯ͕ϭϰϳ &zϮϬϮϰ &zϮϬϮϱ 11
Slide 19: Common Size Analysis - Statement of Income
KDDKE^/E>z^/^Ͳ^ddDEdK&/EKDͲKE^K>/d &zͲϮϱ &zͲϮϰ &zͲϮϱ &zͲϮϰ ZĞǀĞŶƵĞ ϮϬϱ͕ϳϴϳ͕ϵϴϴ ϭϲϯ͕ϭϰϳ͕ϰϮϭ ϭϬϬ͘ϬϬй ϭϬϬ͘ϬϬй ŽƐƚŽĨƐĂůĞƐ ;ϭϴϳ͕ϯϯϱ͕ϰϲϯͿ ;ϭϰϳ͕ϳϯϵ͕ϬϮϲͿ Ͳϵϭ͘Ϭϯй ͲϵϬ͘ϱϲй 'ƌŽƐƐWƌŽĨŝƚ ϭϴ͕ϰϱϮ͕ϱϮϱ ϭϱ͕ϰϬϴ͕ϯϵϱ ϴ͘ϵϳй ϵ͘ϰϰй KƚŚĞƌŝŶĐŽŵĞ ϯϭϳ͕ϯϭϴ ϵϳϲ͕ϰϰϮ Ϭ͘ϭϱй Ϭ͘ϲϬй 'ĞŶĞƌĂůĂŶĚĂĚŵŝŶŝƐƚƌĂƚŝǀĞĞǆƉĞŶƐĞƐ ;ϲ͕Ϭϯϰ͕ϵϲϬͿ ;ϰ͕ϲϳϮ
Slide 20: Ratio Analysis - Consolidated
Zd/KE>z^/^ͲKE^K>/d <zZd/K^Ͳ&zϮϬϮϱ WZK&/d/>/dz &zͲϮϱ &zͲϮϰ ,E' &zͲϮϯ 'ƌŽƐƐWƌŽĨŝƚй ϴ͘ϵϳй ϵ͘ϰϰй љͲϬ͘ϰϴй ϳ͘ϵϮй /dй ϲ͘Ϯϰй ϳ͘ϬϮй љͲϬ͘ϳϴй ϲ͘ϰϮй /dй ϵ͘ϰϬй ϭϬ͘ϯϭй љͲϬ͘ϵϭй ϵ͘ϳϵй EĞƚWƌŽĨŝƚй ϰ͘ϳϳй ϱ͘ϱϲй љͲϬ͘ϳϵй ϰ͘ϴϰй ZK ϰ͘ϰϮй ϰ͘ϲϳй љͲϬ͘Ϯϱй ϯ͘ϵϱй ZK ϭϮ͘Ϭϵй ϭϭ͘ϳϬй јϬ͘ϯϵй ϵ͘ϲϭй ZK ϭϭ͘ϳϬй ϭϭ͘ϱϮй јϬ͘ϭϴй ϵ͘ϲϲй >sZ' &
Slide 21: Financial Position / Cash Flow - Consolidated
&/EE/>WK^/d/KEͬ^,&>KtͲKE^K>/d ŽŶƐŽůŝĚĂƚĞĚ^ƚĂƚĞŵĞŶƚŽĨ&ŝŶĂŶĐŝĂůWŽƐŝƚŝŽŶͲϯϭĞĐϮϬϮϱ ŽŶƐŽůŝĚĂƚĞĚ^ƚĂƚĞŵĞŶƚŽĨĂƐŚ&ůŽǁͲϯϭĞĐϮϬϮϱ <ƵǁĂŝƚŝŝŶĂƌƐ <ƵǁĂŝƚŝŝŶĂƌƐ &zͲϮϱ &zͲϮϰ &zͲϮϱ &zͲϮϰ EKEͲhZZEd^^d^ ϴϲ͕ϬϳϬ͕ϮϮϳ ϴϭ͕ϰϬϭ͕Ϭϭϲ WZK&/d&KZKEdZ/hd/KEdKKZDhEZd/KE ϭϬ͕ϱϬϴ͕Ϭϱϳ ϵ͕ϱϴϰ͕ϭϯϭ hZZEd^^d^ ϭϱϯ͕Ϯϭϵ͕ϲϲϬ ϭϮϯ͕ϮϭϬ͕ϲϮϴ :h^dDEd^&
Slide 22: Common Size Analysis - Statement of Financial Position
KDDKE^/E>z^/^Ͳ^ddDEdK&&/EE/>WK^/d/KEͲKE^K>/d ^^d^ &zͲϮϬϮϱ &zͲϮϬϮϰ &zͲϮϬϮϱ &zͲϮϬϮϰ EŽŶͲƵƌƌĞŶƚƐƐĞƚƐ ZŝŐŚƚʹŽĨͲƵƐĞͲĂƐƐĞƚƐ Ϯ͕ϴϱϲ͕ϲϵϬ ϭ͕Ϯϵϱ͕ϲϱϰ ϭ͘ϭϵй Ϭ͘ϲϯй WƌŽƉĞƌƚǇ͕ƉůĂŶƚĂŶĚĞƋƵŝƉŵĞŶƚ ϳϴ͕ϱϱϰ͕ϵϯϲ ϳϳ͕ϬϳϮ͕ϵϮϵ ϯϮ͘ϴϯй ϯϳ͘ϲϳй /ŶǀĞƐƚŵĞŶƚƐĞĐƵƌŝƚŝĞƐ ϭ͕ϳϳϲ͕ϲϳϯ ϭ͕ϲϬϱ͕ϱϭϭ Ϭ͘ϳϰй Ϭ͘ϳϴй dƌĂĚĞĂŶĚŽƚŚĞƌƌĞĐĞŝǀĂďůĞƐ Ϯ͕ϴϴϭ͕ϵϮ
Slide 23: Common Size Analysis - Statement of Financial Position
KDDKE^/E>z^/^Ͳ^ddDEdK&&/EE/>WK^/d/KEͲKE^K>/d Yh/dzE>//>/d/^ &zͲϮϬϮϱ &zͲϮϬϮϰ &zͲϮϬϮϱ &zͲϮϬϮϰ ƋƵŝƚǇ ^ŚĂƌĞĂƉŝƚĂů ϭϴ͕ϬϮϰ͕ϭϱϮ ϭϴ͕ϬϮϰ͕ϭϱϮ ϳ͘ϱϯй ϴ͘ϴϭй ^ƚĂƚƵƚŽƌǇƌĞƐĞƌǀĞ ϭϬ͕ϵϰϲ͕Ϭϴϵ ϭϬ͕ϵϰϲ͕Ϭϴϵ ϰ͘ϱϳй ϱ͘ϯϱй 'ĞŶĞƌĂůƌĞƐĞƌǀĞ ϭϮ͕ϳϴϵ͕ϵϳϲ ϭϭ͕ϳϯϵ͕ϭϳϬ ϱ͘ϯϰй ϱ͘ϳϰй &ŽƌĞŝŐŶĐƵƌƌĞŶĐǇƚƌĂŶƐĂůĂƚŝŽŶƌĞƐĞƌǀĞ ͲϰϮ͕ϯϴϯ ϲϮϴ ͲϬ͘ϬϮй Ϭ
Slide 24: 17
17
Slide 25: Thank You
Thank YOU 18
Slide 26: Slide 26

Heavy Engineering Industries & Shipbuilding Co. K.S.C. (Public) — Q4 2025 Earnings Presentation on 6ix

Heavy Engineering Industries & Shipbuilding Co. (ksc) — Q4 2025 Earnings Presentation

Slide 1: Supplementary Disclosure letter to Boursa Kuwait

Slide 2: Supplementary Disclosure Form

Slide 3: Analyst Conference Transcript for 4th Quarter 2025

Slide 4: Transcript: Opening and business updates

Slide 5: Transcript: Engineering hub and approvals

Slide 6: Transcript: Dividend and revenue breakdown

Slide 7: Transcript: Outlook and Q&A

Slide 8: FY-2025 Virtual Summit

Slide 9: Agenda

Slide 10: Disclaimer / Forward-Looking Statements

Slide 11: HEISCO's Vision and Mission

Slide 12: About HEISCO

Slide 13: HEISCO's Strategy

Slide 14: HEISCO's Strategy

Slide 15: HEISCO's Strategy

Slide 16: HEISCO's Strategy

Slide 17: Performance Highlights - Consolidated

Slide 18: Breakdown of Revenue by Business Line

Slide 19: Common Size Analysis - Statement of Income

Slide 20: Ratio Analysis - Consolidated

Slide 21: Financial Position / Cash Flow - Consolidated

Slide 22: Common Size Analysis - Statement of Financial Position

Slide 23: Common Size Analysis - Statement of Financial Position

Slide 24: 17

Slide 25: Thank You

Slide 26: Slide 26