Boursa Kuwait Securities Company (k.p.s.c) · KSE:BOURSA

Boursa Kuwait Securities Company (k.p.s.c) — Gulf Cables & Electrical Industries Group Co. K.S.C.P — FY2024 Earnings Presentation

20 slides from Boursa Kuwait Securities Company (k.p.s.c)'s earnings presentation, Mar 27, 2025

  1. Slide 1: Cover letter to Boursa Kuwait (Arabic)

    Gyoll-cdoui QUI GleLiodlg GLuL4) alll ac9020 6 4yth Gulf Cables & Electrical Industries Group Co. Ks.c.P- Kuwait 2025/03/27: 1) 2025/1 77 [4 e349) Cope inal) Cay gSt) Airy gg AS pci f SaLeal! ee Sang Aig Aya 2024 Asta) Aisa! cyllaall pei'gal parti Gar all : 5120 gall asics 95 Cay Ae y gill a1 gd ya

  2. Slide 2: 2024 Investors Presentation

    2024 INVESTORS PRESENTATION Year Ended 31 December 2024 INVESTORS PRESENTATION Gulf Cables & Electrical Industries Group Co. K.S.C.P We Build the World Together ‫ع‬.‫ك‬.‫م‬.‫شركة مجموعة الخليج للكابالت والصناعات الكهربائية ش‬

  3. Slide 3: Disclaimer

    Gulf Cables & Electrical Industries Group Co. K.S.C.P 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 in

  4. Slide 4: Our Vision

    Gulf Cables & Electrical Industries Group Co. K.S.C.P 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

  5. Slide 5: Contents

    Gulf Cables & Electrical Industries Group Co. K.S.C.P Contents ▪ Performance Highlights ▪ Financial Overview ▪ Appendix 4

  6. Slide 6: Performance Highlights

    Gulf Cables & Electrical Industries Group Co. K.S.C.P Performance Highlights Total Revenue1 Sales & contracting EBITDA Net Profit EPS revenue  +0.9%   +3.0%   -2.4% -1.1% -1.0% 123.1m in Y2024 105.3m in Y2024 25.3m in Y2024 20.8m in Y2024 100 Fils in Y2024 122.1m in Y2023 102.2m in Y2023 25.9m

  7. Slide 7: Financial Overview – Group

    Gulf Cables & Electrical Industries Group Co. K.S.C.P Financial Overview – Group Total Revenue Breakdown Sales & Contracting Revenue Net Profit Breakdown by Country Million - KWD Million - KWD Million - KWD 120 25 7.3 102.2 105.3 21.0 17.9 20.8 Y2024 100 20 80 15 97.9 79.6 21.4 20.4 60 75.7 10 5.8 4

  8. Slide 8: Financial Overview - Gulf Cables Kuwait

    Gulf Cables & Electrical Industries Group Co. K.S.C.P Financial Overview - Gulf Cables Kuwait Breakdown of Cable Sales by Sector Y2023 Y2024 Export Local Public Export Local Public Million - KWD Sector Sector Sector 5% Sector 70 9% 10% 5% 63.9 60 58.4 Local Local Private Private 50 Sector Sector 86%

  9. Slide 9: Financial Overview – Group Production and Sales by Weight

    Gulf Cables & Electrical Industries Group Co. K.S.C.P Financial Overview – Group Production and Sales by Weight Production Breakdown by Material Sales Breakdown by Product Quantity in (‘000’) Metric Ton Quantity in (‘000’) Metric Ton 70 70 60 60 55.0 51.7 51.5 50.3 50 50 15.0 16.3 40 40 30.6 36.2 30

  10. Slide 10: Financial Overview - Ratio Analysis

    Gulf Cables & Electrical Industries Group Co. K.S.C.P Financial Overview - Ratio Analysis Ratios Y2023 Y2024 Change Profitability Gross Profit Margin - % 12.9% 14.8%  1.9% EBITDA Margin - % 25.3% 24.0%  -1.3%  ▪ Group’s gross profit margin increased slightly from 12.9% to 14.8% Net Profit Margin

  11. Slide 11: Financial Overview - Financial Position & Cash Flow Statements

    Gulf Cables & Electrical Industries Group Co. K.S.C.P Financial Overview - Financial Position & Cash Flow Statements Financial Position Cash Flow Statement Y2023 Y2024 Change % Change Dec. 2023 Dec. 2024 Change % Change (Million, KWD) (Million, KWD) Non-Current Assets 200.2 250.5 50.4 25.2% Profit F

  12. Slide 12: Financial Overview – Investments in Associates

    Gulf Cables & Electrical Industries Group Co. K.S.C.P Financial Overview – Investments in Associates NIC HEISCO Team Holding Dec. 2023 Dec. 2024 Dec. 2023 Dec. 2024 Dec. 2023 Dec. 2024 GC Effective Ownership Interest 26.98% 26.98% 28.33% 28.33% 47.50% 50.00% Total Net Assets Value (excluding treasur

  13. Slide 13: Financial Overview - Investments at FVTOCI & FVTP/L

    Gulf Cables & Electrical 12 Industries Group Co. K.S.C.P Financial Overview - Investments at FVTOCI & FVTP/L Investment Portfolio Breakdown Investments Geographical Breakdown Million - KWD Million - KWD 160.0 145.6 160.0 145.6 140.0 5.8 140.0 120.0 107.0 56.6 120.0 107.0 57.3 100.0 5.0 100.0 80.0 49

  14. Slide 14: Questions & Answers

    Gulf Cables & Electrical Industries Group Co. K.S.C.P QUESTIONS & ANSWERS Gulf Cables & Electrical Industries Group Co. K.S.C.P 13

  15. Slide 15: Appendix

    Gulf Cables & Electrical Industries Group Co. K.S.C.P APPENDIX Gulf Cables & Electrical Industries Group Co. K.S.C.P

  16. Slide 16: Consolidated Statement of Financial Position

    Gulf Cables & Electrical Industries Group Co. K.S.C.P Consolidated Statement of Financial Position 31 Dec. 2023 31 Dec. 2024 31 Dec. 2023 31 Dec. 2024 Assets (KWD) Liabilities (KWD) Non-current assets Non-current liabilities Goodwill and other intangible assets 3,603,180 7,790,389 Provision for empl

  17. Slide 17: Consolidated Statement of Profit or Loss

    Gulf Cables & Electrical Industries Group Co. K.S.C.P Consolidated Statement of Profit or Loss Y2023 Y2024 Y2023 Y2024 KWD KWD Revenue (KWD) Profit before provision for taxation and Board 22,157,175 21,945,607 of Directors’ remuneration Sales and contracting revenue 102,217,662 105,265,277 Cost of r

  18. Slide 18: Common Size Analysis - Consolidated Statement of Financial Position

    Gulf Cables & Electrical Industries Group Co. K.S.C.P Common Size Analysis - Consolidated Statement of Financial Position 31 Dec. 2023 31 Dec. 2024 31 Dec. 2023 31 Dec. 2024 Assets Liabilities Non-current assets Non-current liabilities Goodwill and other intangible assets 1.28% 2.39% Provision for e

  19. Slide 19: Common Size Analysis - Consolidated Statement of Profit or Loss

    Gulf Cables & Electrical Industries Group Co. K.S.C.P Common Size Analysis - Consolidated Statement of Profit or Loss Y2023 Y2024 Y2023 Y2024 Revenue Profit before provision for taxation and Board of 21.68% 20.85% Directors’ remuneration Sales and contracting revenue 100.00% 100.00% Cost of revenue

  20. Slide 20: Thank You

    Gulf Cables & Electrical Industries Group Co. K.S.C.P ‫ع‬.‫ك‬.‫م‬.‫شركة مجموعة الخليج للكابالت والصناعات الكهربائية ش‬ THANK YOU We Build the World Together

Gulf Cables & Electrical Industries Group Co. K.S.C.P — FY2024 Earnings Presentation on 6ix