Ifa Hotels & Resorts Co. (k.s.c.) · KSE:IFAHR
Ifa Hotels & Resorts Co. (k.s.c.) — IFA Hotels & Resorts — Q2 2026 Earnings Presentation
20 slides from Ifa Hotels & Resorts Co. (k.s.c.)'s earnings presentation, Aug 16, 2026
Slide 1: Cover letter to Boursa Kuwait on Q2 2026 conference
16 August 2026 2026 أغسطس16 Boursa Kuwait Company السادة شركة بورصة الكويت املحترمين State of Kuwait دولة الكويت Greetings, ،تحية طيبة وبعد Subject: Presentation of IFA Hotels & Resorts' Q2- العرض التقديمي ملؤتمر املحللين واملستثمرين:املوضوع 2026 Analyst and Investor Conference 2026 ل
Slide 2: Investor Presentation Q2 2026
INVESTOR PRESENTATION Q2 2026 Quarter Ended 30 June 2026 This presentation is for informational purposes only and does not constitute an offer to sell or buy securities.
Slide 3: Disclaimer
Disclaimer This presentation contains forward-looking statements and information that are based on IFA Hotels and Resorts' current expectations, estimates, and projections about the company and the industry in which it operates. These statements are subject to risks, uncertainties, and assumptions t
Slide 4: Agenda
Agenda Company Overview ESG & Governance Q2 & 1H 2026 Financial Highlights Appendix Business Segment Performance Development Pipeline & Projects IFA Hotels & Resorts · Q2 2026 Investor Presentation Agenda
Slide 5: A Premier Developer & Operator of Luxury Mixed-Use Destinations
01 COMPANY OVERVIEW A Premier Developer & Operator of Luxury Mixed-Use Destinations IFA Hotels & Resorts (IFA HR) is listed on the Boursa Kuwait Premier Market and operates a diversified platform spanning luxury hospitality, branded residences, real estate development, and integrated facility manage
Slide 6: Three Decades of Value Creation
01 TRACK RECORD Three Decades of FY 2025 Value Creation KD 18.6M 1995 Established Highest NP Since 2008 2002 1M sq ft on Palm Jumeirah acquired Dec 2025 2005 Listed on Kuwait Stock Exchange -84% 2007 Legend Golf & Safari Resort acquired Debt Reduction 2010 Fairmont Zimbali opens Q1 2026 2012 Fairmon
Slide 7: Q2 & 1H 2026 Financial Highlights
02 Q2 & 1H 2026 FINANCIAL HIGHLIGHTS Q2 & 1H 2026 Financial Highlights Three & Six Months Ended 30 June 2026 · All figures in KD unless stated Revenue (1H) Gross Profit (1H) Gross Margin (1H) Net Profit (1H) 11.20M 5.20M 46% 2.54M KD KD KD -1.0% vs 1H 2025 · Q2: 4.31M +16.8% vs 1H 2025 · Q2: 1.49M +
Slide 8: Revenue Resilience & Structural Margin Improvement
02 REVENUE & MARGIN TREND Revenue Resilience & Structural Margin Improvement Revenue & Gross Profit (KD) Gross Profit Margin (%) Revenue Gross profit 60% 54% 8M 49% 6.9M 47% 6.4M 6.2M 40% 6M 40% 35% 4.8M 4.3M 4M 3.7M 3.1M 2.9M 20% 1.9M 2M 1.5M 0M 0% Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q2'25 Q3'25 Q4'25 Q1
Slide 9: Total Profit & Earnings Per Share
02 TOTAL PROFIT & EPS Total Profit & Earnings Per Share Total Profit – Continuing Operations (KD) EPS – Continuing Operations (Fils) 4M 9 3.6M 3.5M 7.92 6.68 3M 2.5M 6 5.57 2.3M 4.97 2M 3 1M 683K 1.42 0M 0 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Total Profit from EPS – Continuing
Slide 10: Consolidated Balance Sheet
02 BALANCE SHEET · 30 JUNE 2026 Consolidated Balance Sheet As at 30 June 2026 vs 30 June 2025 (KD) ASSETS EQUITY & LIABILITIES Non-Current Assets 30-Jun-26 (KD) 30-Jun-25 (KD) Equity Jun-26 Jun-25 Investment in Associates & JV 114,101,249 102,816,019 Share Capital 36,398,309 29,118,647 Property, Pla
Slide 11: Capital Structure & Leverage
02 CAPITAL STRUCTURE & LEVERAGE Capital Structure & Leverage Total Borrowings (KD) Total Equity incl. NCI (KD) 88M 12M 11.3M 9.8M 81.4M 9.1M 79.9M 8.0M 80M 77.6M 8M 7.4M 74.3M 72M 70.6M 4M 0M 64M Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Debt / Equity Debt / Assets Interest Coverag
Slide 12: Q2 & 1H 2026 Business Segment Performance
03 SEGMENT PERFORMANCE Q2 & 1H 2026 Business Segment Performance INCOME-GENERATING DEVELOPMENT M AN AG E M E N T & AS S E T S P L AT F O R M FEE BUSINESSES Aria Vacation Club Orla – Dorchester Collection Development Mgmt Q2 operating conditions remained challenging as regional geopolitical New devel
Slide 13: ORLA
04 DEVELOPMENT PIPELINE ORLA Dorchester Collection · Palm Jumeirah, Dubai GDV: US $1,230 Million Units: 91 Ultra-Premium Residences Architect: Foster + Partners Operator: Dorchester Collection Plot: 29,000 m² Cumulative Construction Progress 68.51% 3- and 4-bedroom apartments, duplexes, and signatur
Slide 14: ORLA INFINITY
04 DEVELOPMENT PIPELINE ORLA INFINITY Dorchester Collection · Palm Jumeirah, Dubai GDV: US $429 Million Units: 21 Duplex Residences Location: Palm Jumeirah , Dubai Views: 270° Dubai Skyline & Arabian Gulf Operator: Dorchester Collection Plot: 16,610 m² Cumulative Construction Progress 65.79% Each of
Slide 15: Zimbali Lakes and Domus The Node
04 DEVELOPMENT PIPELINE ZIMBALI LAKES Premier Mixed-Use Coastal Estate · KwaZulu-Natal, South Africa R147M R417M 41 85% 3M m² R709M 1H 2026 FY 2025 Units Under Zimbali Square Total 5-Year Confirmed Sales Marketing Sales Construction Leased Estate Area Total Sales Active Sub-Projects The Ridge Reside
Slide 16: ESG, Sharia Compliance & Governance
05 ESG, SHARIA & GOVERNANCE ESG, Sharia Compliance & Governance SHARIA COMPLIANCE ESG FRAMEWORK GOVERNANCE & RETURNS Completed 2025 Listing Environmental Full transition to Sharia-compliant business model achieved, a Boursa Kuwait Premier Market strategic milestone for the Group. Zimbali Lakes conse
Slide 17: Consolidated Statement of Profit & Loss 1H 2026 vs 1H 2025
06 APPENDIX — CONSOLIDATED P&L · 1H Consolidated Statement of Profit & Loss · 1H 2026 vs 1H 2025 (KD) Line Item 1H 2026 (KD) 1H 2025 (KD) Revenue 11,197,451 11,309,107 Cost of Revenue (5,998,481) (6,858,788) Gross Profit 5,198,970 4,450,319 Net Income from Ticket Sales 157,135 242,440 Change in Fair
Slide 18: Consolidated Statement of Profit & Loss Q2 2026 vs Q2 2025
06 APPENDIX — CONSOLIDATED P&L · Q2 Consolidated Statement of Profit & Loss · Q2 2026 vs Q2 2025 (KD) Line Item Q2 2026 (KD) Q2 2025 (KD) Revenue 4,311,879 4,820,775 Cost of Revenue (2,820,116) (2,884,476) Gross Profit 1,491,763 1,936,299 Net Income from Ticket Sales 72,351 148,803 Change in Fair Va
Slide 19: Current Portfolio Overview
06 APPENDIX — CURRENT PORTFOLIO Current Portfolio Overview Anchored in three strategic pillars — Operating assets, premium developments, and management fees Region Project / Entity Type Status Value / Size UAE Orla – Dorchester Collection Development 68.51% complete US$1,230M UAE Orla Infinity – Dor
Slide 20: Investor Relations and Leadership
Q2 2026 INVESTOR PRESENTATION INVESTOR RELATIONS LEADERSHIP IR@ifahotelsresorts.com Khaled Esbaitah Chairman www.ifahotelsresorts.com Werner Berger Boursa Kuwait: IFAHR Chief Executive Officer Numan M. Numan Chief Financial Officer Heba Jaber Board Secretary