Boubyan Petrochemical Co. (k.s.c.) · KSE:BPCC

Boubyan Petrochemical Co. (k.s.c.) — Boubyan Petrochemical Company — Q2 2018 Earnings Presentation

7 slides from Boubyan Petrochemical Co. (k.s.c.)'s earnings presentation, December 2018

  1. Slide 1: Boubyan Petrochemical Company Investor Update – 2Q18 results

    Boubyan Petrochemical Company Investor Updated – 2Q18 results

  2. Slide 2: Core Investment Update (1/2)

    Core Investment Update (1/2) • Equate delivered strong Q3 2018 results driven by favorable pricing conditions for EG, PE and PET and reliable operations • Equate reported $406m in net profit, up 22% y-o-y and EBITDA of $547m, up 12% y-o-y • Year to date, net income was $1.3bn, up 44% y-o-y EBITDA wa

  3. Slide 3: Core Investment Update (2/2)

    Core Investment Update (2/2) ▪ Nafais continued its strong performance during the period and is expected to continue this trend ▪ Boubyan generated KWD 0.6mn from Nafais in vs. KWD 0.4mn last year ▪ The Saudi market remains challenging for Al Borg as consumer demand slowed down particularly on the w

  4. Slide 4: Boubyan at a Glance – Investment Portfolio as of 2Q18

    Boubyan at a Glance – Investment Portfolio as of 2Q18 Amounts in KWD, millions Core Investments Ownership Carrying value EQUATE 9.00% 173.2 The Kuwait Olefins Company (TKOC) 9.00% 135.0 The Equate group 308.2 Core Core Investments Ownership Carrying value 29% EDU 82.70% 45.3 Al Kout 53.70% 29.7 EYAS

  5. Slide 5: Boubyan's reported net income grew to KWD0.8mn in 2Q18 against KWD0.3mn in 2Q17

    Boubyan’s reported net income grew to reach KWD0.8mn in 2Q18 against KWD0.3mn in 2Q17 EPS Contribution Income (KWD, thousands) 2Q17 2Q18 2Q17 2Q18 Commentary 1 Al–Kout 445.7 1,755.3 0.86 3.38 Educational Group 719.1 847.8 1.39 1.63 • Boubyan’s core investments Nafais 360.8 569.7 0.70 1.10 achieved a

  6. Slide 6: Boubyan's normalized net income – 2Q18

    Boubyan’s normalized net income – 2Q18 Amounts in KWD, thousands 893 (1,136) 762 (236) (148) 130 (6) Reported Provisions - Gain on FV Gain on FV Gain on Forex gain Normalized net income Muna Noor of previously of FA sale of FA net income held interest through P&L through IS 1 2 3 4 5 Commentary 1. B

  7. Slide 7: Q&A Thank you

    Q&A Thank you

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