Mabanee Company (sakc) · KSE:MABANEE
Mabanee Company (sakc) — Mabanee Company — H1 2025 Earnings Presentation
29 slides from Mabanee Company (sakc)'s earnings presentation, Aug 6, 2025
Slide 1: H1 2025 Results Presentation
H1 - 2025 Results Presentation Period Ended June 30, 2025
Slide 2: Disclaimer
DISCLAIMER The information set out in this presentation and provided in the discussion subsequent thereto does not constitute an offer, an agreement, or a solicitation of an offer to buy or sell securities. It is solely for use at an investor presentation and is provided as information only. This pr
Slide 3: Content
CONTENT 4 PERFORMANCE HIGHLIGHTS 5 • THE AVENUES • SABAH AL AHMAD (S3) KUWAIT • HILTON GARDEN INN • AVENTURA - (J3) OPERATIONAL PROJECTS • WALDORF ASTORIA • BLAJ-13 11 BAHRAIN • • THE AVENUES - BAHRAIN HILTON GARDEN INN 14 • THE AVENUES - RIYADH KSA • THE 5 TOWERS • THE AVENUES - KHOBAR 18 ESTIMATED
Slide 4: Performance Highlights H1 2025
PERFORMANCE HIGHLIGHTS H1 - 2025 Strong Group KD 68.47mn KD 64.82mn KD 50.30mn performance 3.59% 31.42% 54.01% • Revenue • Adj. EBITDA • Net Profit • Mabanee is pleased to announce the release of its 2024 Sustainability Report, reaffirming the company’s ongoing Business commitment to responsible gro
Slide 5: Kuwait
KUWAIT • AVENTURA (J3) • THE AVENUES - HILTON GARDEN INN - WALDORF ASTORIA • PLAGE-13 • SABAH AL AHMAD (S3) 5
Slide 6: The Avenues - Kuwait
THE AVENUES - KUWAIT BUILT-UP AREA 1,300,000 sqm 12 DISTRICTS STORES 1,100+ • Excellent occupancy rate of 98% as of Q2 2025. CINEMAS 28 • The Avenues continues to be Kuwait’s leading destination for retail, tourism, and entertainment, reinforcing its position as a world-class hub for shopping and le
Slide 7: Hilton Garden Inn Waldorf Astoria
HILTON GARDEN INN WALDORF ASTORIA BUILT-UP AREA 35,000 sqm NO. KEY 385 Hilton Group OPERATOR • Main occupancy driver for the Hilton Garden • The Waldorf Astoria Hotel experienced an Inn continues to be through corporate business occupancy of 50% during Q2 2025. and trainings. • Waldorf Astoria’s bal
Slide 8: Aventura (J3) - Kuwait
AVENTURA (J3) - KUWAIT CMYK MABANEE’S MANAGEMENT 100% MABANEES OWNERSHIP 35% PPP project PROJECT TYPE BUA 295,000 sqm MALL GLA 108,200 sqm NUMBER OF UNITS 445 • The residential component, ‘Aventura Residences’ is at current progress of 75.5%. Q1 Q2 Q2 Q3- 2026 Q4 • The mall component, ‘Aventura Mall
Slide 9: Sabah Al Ahmad (S3) - Kuwait
SABAH AL AHMAD (S3) - KUWAIT MABANEE’S MANAGEMENT 100% MABANEE’S OWNERSHIP 100% PPP project PROJECT TYPE SOUK PLOT AREA 32,451 sqm • Located in Sabah Al-Ahmad City, the project includes a traditional souk and three-star hotel, 110 Hampton Inn by Hilton. HOTEL ROOMS BUA 66,053 • Site excavation works
Slide 10: Plage-13
PLAGE-13 PLAGE-13 MABANEE’S MANAGEMENT 100% PLAGE-13 242,436 LAND AREA (m2) sqm 70,925 BUA (m2) sqm • The project is under a 16-month renovation period and a total of 17-year investment period HILTON WORLDWIDE contract with TEC. HOTEL OPERATOR • The project will span 1.3 km along the seaside coastli
Slide 11: Bahrain
BAHRAIN • THE AVENUES - BAHRAIN • HILTON GARDEN INN - BAHRAIN 11
Slide 12: The Avenues - Bahrain
THE AVENUES - BAHRAIN MABANEE’S OWNERSHIP 35% MABANEE MANAGEMENT BAHRAIN 251,870 BUILT-UP AREA sqm UNITS 368 CINEMAS 10 • Continues to be a popular destination for • Extension includes an ice-skating rink, Lulu 1,420+ visitors and locals alike. Hypermarket and additional retail and F&B PARKING units
Slide 13: Hilton Garden Inn - Bahrain
HILTON GARDEN INN - BAHRAIN MABANEE’S OWNERSHIP 35% BUILT-UP AREA 23,500 sqm 192 NO. KEY • Hotel is performing at an average occupancy rate of 65% for Q2 2025. HILTON GROUP • Continues to be a popular choice for business travelers and visitors alike, with higher demand OPERATOR in the summer for GCC
Slide 14: KSA
KSA • THE AVENUES - KHOBAR • THE 5 TOWERS • THE AVENUES - RIYADH 14
Slide 15: The Avenues - Riyadh
THE AVENUES - RIYADH MABANEE’S OWNERSHIP 73% SHOMOUL MANAGEMENT HOLDING 1,800,000 MALL & INFRA- STRUCTURE BUA sqm 1,700 STORES • Construction progressing very well, currently at 76% completion. • The Avenues - Riyadh continues to progress in marketing and leasing activities, in line with the 15,000
Slide 16: The 5 Towers
THE 5 TOWERS • Office Tower 41,133 GLA sqm • Waldorf Astoria 389 Units/ Keys • Residences 232 • The Avenues - Riyadh will comprise of 5 towers reaching up to 36-storeys. The towers include hospitality, Units/ Keys residential and commercial functions. • Canopy • Mobilization works for the towers is
Slide 17: The Avenues - Khobar
THE AVENUES - KHOBAR MABANEE’S OWNERSHIP 73% SHOMOUL MANAGEMENT HOLDING BUILT-UP AREA 696,000 sqm STORES 700 • Overall progress for the mall and mixed-use tower has reached 25%, according to schedule. 6,400 PARKING • The mixed-use tower includes offices with a GLA of around 16,000 sqm and a Canopy b
Slide 18: Estimated Projects Timeline (Under Development)
ESTIMATED PROJECTS TIMELINE (UNDER DEVELOPMENT) 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 THE KINGDOM OF THE AVENUES RIYADH SAUDI ARABIA THE KINGDOM OF THE 5 TOWERS - RIYADH SAUDI ARABIA THE KINGDOM OF AVENUES KHOBAR SAUDI ARABIA KUWAIT J3-AVENTURA KUWAIT S3-SOUK SABAH KUWAIT PLAGE-13 *
Slide 19: ESG Highlights H1 2025
ESG Highlights H1 2025 Significant progress in waste recycling, The company demonstrates a strong Strong governance practices and E S G energy efficiency, & sustainable design commitment to workforce diversity and strategic sustainability projects demonstrates strong commitment to human capital deve
Slide 20: ESG Highlights H1 2025
ESG Highlights H1 2025 • Governance - 29% of the Board comprises independent demonstrating a strong commitment to sound governance practices. Women represent 14% of our Board, - with one female member currently serving. - Whistleblowing Policy ensures a confidential, protected process for report
Slide 21: Financial Performance Highlights H1 2025
Financial Performance Highlights H1 - 2025
Slide 22: Profitability Indicators
Profitability Indicators The Group’s net profit for H1 2025 has surpassed that of H1 2024, driven by consistent operational performance and effective cash flow management. Both operating and non-operating income contributed to this growth, which has sufficiently offset the increase in operating cost
Slide 23: Profitability Indicators (Continued)
Profitability Indicators (Continued) The Group’s asset base and equity base increased in H1-25 compared to H1-24. The equity base has seen increase primarily due to the one-off event from the sale of land which increased the net equity. The asset base has grown significantly y-o-y with the spending
Slide 24: Performance Ratios - The Group
Performance Ratios - The Group The Group has witnessed an increase in the topline by KD 1.3mn showing signs of strong operational performance from hospitality and stable performance from commercial property. Operating profit margins have remained stable despite a year-over-year increase in certain c
Slide 25: Appendix
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Slide 26: Consolidated Statement of Income
Consolidated Statement of Income 26
Slide 27: Consolidated Statement of Financial Position
Consolidated Statement of Financial Position 27
Slide 28: Q&As
Q&As 28
Slide 29: Thank You
Thank You MABANEE COMPANY K.P.S.C P.O. Box 5132 Safat l 13052 Kuwait +965 222 444 29 investorsrelations@mabanee.com www.mabanee.com Mabanee Company @mabaneeco MABANEE MABK.KW MABANEE.KW MABANEE KK