Qatar Fuel-woqod Qsc · QSE:QFLS
Qatar Fuel-woqod Qsc — Qatar Fuel Co. Q.P.S.C (WOQOD) — Q3 2023 Earnings Presentation
15 slides from Qatar Fuel-woqod Qsc's earnings presentation, Oct 19, 2023
Slide 1: Overview of Operation and Financial Results for the 3Q 2023
Qatar Fuel Co. Q.P.S.C “WOQOD” Overview of Operation and Financial Results for the 3Q 2023 Investor Relations (IR) 19 October 2023
Slide 2: Disclaimer
Disclaimer This release/Announcement/Report contains forward-looking and future-based prospective statements and/or information concerning the financial condition, results of operations, activities and businesses of Qatar Fuel (WOQOD) Q.P.S.C. , hereinafter WOQOD. All statements/information other th
Slide 3: Contents
Contents • Company Overview 1 • Operations Overview 2 • Financial Results Overview 3 • Q&A 4 Vision “To be the leading petroleum products distribution and related services marketing company in the region” 3
Slide 4: Overview of WOQOD Group
Overview of WOQOD Group WOQOD Station Network • WOQOD started operations in 2002 with exclusive rights for storage and distribution of petroleum products in the State of Qatar • Operations started with 2 Petrol Stations in 2003 and grown to 117 owned stations at the end of Sep 2023 • WOQOD also owns
Slide 5: Key Operations of WOQOD Group
Key Operations of WOQOD Group Main Subsidiaries • Diesel & Gasoline Fuel Distribution and Sales • Jet Fuel Sales • LPG & Natural Gas Distribution and Sales • Bitumen Operations Bunkering • Sidra Stores Jet Fuel Vehicle Operations Office Distribution • Auto-care Inspection & Vessel Leasing Operations
Slide 6: Contents
Contents • Company Overview 1 • Operations Overview 2 • Financial Results Overview 3 • Q&A 4 6
Slide 7: Diesel & Gasoline Fuel Volume Trend Analysis
Diesel & Gasoline Fuel Volume Trend Analysis YTD Sep 2023 vs. YTD Sep 2022 variance analysis YTD Sep YTD Sep Variance Variance Combined Diesel and Gasoline Fuel sales volume for YTD Fuel Sales Unit 2023 2022 (F/U) (%) Sep 2023 lower by 6% as compared YTD Sep 2022 Diesel MM Liters 1,541 1,848 -307 -1
Slide 8: Jet Fuel Volume Trend Analysis
Jet Fuel Volume Trend Analysis YTD Sep YTD Sep Variance Variance Jet Fuel Stats Unit 2023 2022 (F/U) (%) Jet Fuel MM Liters 4,176 3,650 526.7 14% Weighted Average Price QAR/Liter 2.4 3.0 -0.6 -21% YTD Sep 2023 vs. YTD Sep 2022 variance analysis • Jet Fuel sales increased by 14% for YTD Sep 2023 as c
Slide 9: Retail Fuel Sales Volume Trend Analysis
Retail Fuel Sales Volume Trend Analysis YTD Sep 2023 vs. YTD Sep 2022 • Retail total fuel sales at WOQOD Petrol Stations were Retail Fuel Sales YTD Sep YTD Sep Variance lower by 2% for YTD Sep 2023 as compared to the same period last year driven by market demand (MM Ltrs) 2023 2022 (%) Diesel 591 70
Slide 10: Contents
Contents • Company Overview 1 • Operations Overview 2 • Financial Results Overview 3 • Q&A 4 10
Slide 11: Revenue - Trend Analysis
Revenue - Trend Analysis YTD Sep 2023 vs. YTD Sep 2022 variance analysis • Total revenue for YTD Sep 2023 decreased by 9% as compared to the same period last year mainly due to decrease in fuel prices by 11% partly offset by increase in overall fuel volumes by 4% • On QoQ basis, total Revenue for 3Q
Slide 12: Net Income - Trend Analysis
Net Income - Trend Analysis YTD Sep 2023 vs. YTD Sep 2022 variance analysis • Net income for YTD Sep 2023 is QAR 712 MM, lower by 7% as compared to the same period last year. • On QoQ basis, Net Income for 3Q23 is higher by 25% driven by higher volumes and better pricing • As compared to 3Q 2022, Ne
Slide 13: Net Income Variance Analysis
Net Income Variance Analysis (Attributable to WOQOD Shareholders) Net Income attributable to WOQOD shareholders for YTD Sep 2023 is QAR 712MM, lower by QAR 51MM (7%) as compared to the same period last year; key variances are as follows: • Operating margin (net) decrease mainly driven by decrease in
Slide 14: Contents
Contents • Company Overview 1 • Operations Overview 2 • Financial Results Overview 3 • Q&A 4 14
Slide 15: Thank You!
woogoD Thank You ! 15
Qatar Fuel Co. Q.P.S.C (WOQOD) — Q3 2023 Earnings Presentation on 6ix