Boursa Kuwait Securities Company (k.p.s.c) · KSE:BOURSA
Boursa Kuwait Securities Company (k.p.s.c) — Gulf Cable & Electrical Industries Co. K.S.C.P — Q3 2021 Earnings Presentation
19 slides from Boursa Kuwait Securities Company (k.p.s.c)'s earnings presentation, Nov 14, 2021
Slide 1: Gulf Cable & Electrical Industries Co. - Boursa Kuwait cover letter
© edect AiljoS |! Cilcliclig GUISH susll AS pi Gulf Cable & Electrical Industries Co. k.s.cp cables that pulse with life a net: {RAL 1/73 JBI. si391 Date, 14 NOV 2071 = geal M/S. Boursa Kuwait Company Greeting, Subject: Analysts/Investors Conference Presentation for Q3-2021 As per requirements stipu
Slide 2: Investors Presentation Q3/9M 2021
Investors Presentation Q3/ 9M - Period Ended 30 September 2021 ع.ك.م.شركة الخليج للكابالت والصناعات الكهربائية ش Gulf Cable & Electrical Industries Co. K.S.C.P
Slide 3: Disclaimer
Disclaimer FORWARD-LOOKING STATEMENTS The 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 onl
Slide 4: Our Vision
Our Vision ACHIEVE GCC PRODUCT INNOVATION LEADERSHIP AND EXPAND OUR PREMIER POSITION IN OUR CORE MARKETS, WHILE DELIVERING ABOVE-MARKET GROWTH, SUPERIOR PROFITABILITY AND STRONG CASH FLOW GENERATION TO PROVIDE SHAREHOLDERS WITH ATTRACTIVE RETURNS, YET MAINTAIN ABSOLUTE INTEGRITY AND IN CONFORMITY WI
Slide 5: Contents
Contents ▪ Performance Highlights ▪ Financial Overview ▪ Appendix 4
Slide 6: Performance Highlights
Performance Highlights Revenue EBITDA Net Profit EPS -19.9% +13.9% +7.9% +7.0% 45.98m in 9M- 2021 7.81m in 9M- 2021 5.92m in 9M- 2021 28 Fils in 9M- 2021 57.38m in 9M- 2020 6.86m in 9M- 2020 5.48m in 9M- 2020 26 Fils in 9M- 2020 Equity Production Assets Borrowings Metric Ton (‘000’) +10.3%
Slide 7: Financial Overview - Group
Financial Overview - Group Total Revenue Total Revenue Net Profit Breakdown Million - KWD Breakdown by Country by Country 60 57.4 Million - KWD 55 9M-2021 7 50 46.0 45 22% 5.9 6 5.5 40 Kuwait 35 46.8 5 Jordan 30 78% 35.7 25 22.3 4 20 18.2 5.0 15 9M-2020 3 5.6 17.3 11% 10 14.0 2 5 10.6 10.3 Kuwait 1.
Slide 8: Financial Overview - Gulf Cable Kuwait (Q3)
Financial Overview - Gulf Cable Kuwait Breakdown of Kuwait Cable Sales by Sector – Q3 Q3-2020 Q3-2021 Export Sector Export Local Public Sales - Million KWD 3% Sector Local Public Sector 8% 12 Sector 17% 10.7 35% Local 10 Local Private Private Sector 8.8 Sector 75% 62% 8 Description (Million, KWD) Q3
Slide 9: Financial Overview - Gulf Cable Kuwait (9M)
Financial Overview - Gulf Cable Kuwait Breakdown of Kuwait Cable Sales by Sector – 9M 9M-2020 9M-2021 Export Export 35 Sector Sector Local Public 3% Sales - Million KWD Local Public 7% Sector 30 28.6 Sector 18% 36% 25.0 Local 25 Local Private Private Sector Sector 75% 20 61% 16.7 15 Description (Mil
Slide 10: Financial Overview - Production and Sales Weight
Financial Overview - Production and Sales Weight Sales Breakdown by Product (weight) Quantity in (‘000’) Metric Ton 50 45 43.1 Q3-2020 Q3- 2021 9M-2020 9M- 2021 9M- 40 Sales Breakdown by Product (Weight) MT MT MT MT %Change 35 Medium Voltage Cables 6,315 1,592 16,547 3,607 -78.2% 30 26.6 25 23.4 Low
Slide 11: Financial Overview - Ratio Analysis
Financial Overview - Ratio Analysis Ratios 9M- 2020 9M- 2021 % Change Y2020 Profitability Gross Profit Margin - % 11.4% 21.4% 10.0% 11.5% ▪ Group’s gross profit margin increased from 11.4% to 21.4% on 9 months basis from 2020 to 2021. This was partly due EBITDA Margin - % 12.0% 17.0% 5.0% 6.7% t
Slide 12: Financial Position & Cash Flow Statements
Financial Overview - Financial Position & Cash Flow Statements Financial Position Cash Flow Statement Dec. 2020 Sept. 2021 Change % Change 9M -2020 9M-2021 Change % Change (Million, KWD) (Million, KWD) Non-Current Assets 105.0 137.4 32.4 30.9% Profit From Operations 5.4 5.9 0.5 9.3% Current Assets 9
Slide 13: Investments at FVOCI
12 Financial Overview - Investments at FVOCI Investment Portfolio Breakdown Million - KWD 140 132.8 ▪ These investments are held in equity instruments for medium to long 130 term strategic objectives. The Group intends to hold these investments 122.1 for a long-term period. 120 31.2 110 ▪ Local mana
Slide 14: Appendix
Appendix
Slide 15: Consolidated Statement of Financial Position
Consolidated Statement of Financial Position 30 Sept. 2021 31 Dec 2020 30 Sept. 2020 30 Sept. 2021 31 Dec 2020 30 Sept. 2020 Assets (KWD) Liabilities (KWD) Non-current assets Non-current liabilities Provision for employees’ end of service Goodwill 3,603,180 - - 4,177,116 3,929,186 4,074,005 benefits
Slide 16: Consolidated Statement of Profit or Loss
Consolidated Statement of Profit or Loss Q3-2021 Q3-2020 9M - 2021 9M -2020 Q3- 2021 Q3-2020 9M- 2021 9M-2020 Revenue (KWD) Profit before provisions for contribution to (KFAS), (NLST), Zakat, Board of 1,745,915 1,245,781 6,598,810 5,922,318 Revenue from Sales and contracts 18,177,608 22,274,675 45,9
Slide 17: Common Size Analysis - Statement of Financial Position
Common Size Analysis - Consolidated Statement of Financial Position 30 Sept. 2021 31 Dec 2020 30 Sept. 2020 30 Sept. 2021 31 Dec 2020 30 Sept. 2020 Assets (KWD) Liabilities (KWD) Non-current assets Non-current liabilities Goodwill Provision for employees’ end of service 1.61% - - benefits 1.87% 1.94
Slide 18: Common Size Analysis - Statement of Profit or Loss
Common Size Analysis - Consolidated Statement of Profit or Loss Q3-2021 Q3-2020 9M- 2021 9M-2020 Q3- 2021 Q3- 2020 9M- 2021 9M-2020 Revenue Profit before provisions for contribution to (KFAS), (NLST), Revenue from Sales and contracts Zakat , Board of directors’ 9.60% 5.59% 14.35% 10.32% 100.00% 100.
Slide 19: Thank You
oy ASly m4) GLeLually Gulf Cable & Electrical Indust WLS aplasl dsyai Company K.S.C.P Thank You www.gulfcable.
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