Dubai Investment (p.j.s.c) · DFM:DIC
Dubai Investment (p.j.s.c) — Dubai Investments PJSC — Q1 2023 Earnings Presentation
29 slides from Dubai Investment (p.j.s.c)'s earnings presentation, Mar 31, 2023
Slide 1: Dubai Investments PJSC Investor Presentation
Dubai Investments PJSC For the three-month period ended 31st March 2023 (“Q1 2023”) Investor Presentation 1
Slide 2: Content
CONTENT Page 3 Dubai Investments Overview Page 10 Management Summary – Q1 2023 Financial Highlights Page 17 Operational Performance by Business Segment – Q1 2023 Page 21 Management Strategy & Outlook Page 23 Portfolio Information – Flagship Assets Page 26 Investor Relations Contacts and Awards Page
Slide 3: Dubai Investments Overview
Dubai Investments Overview 3
Slide 4: A Diversified Investment Company Listed on DFM
A Diversified Investment Company Listed on DFM Dubai Investments Overview – Total Assets of c. AED 21.0 billion with c. 15,500 shareholders A Glance at Dubai Investments Shareholders (March 2023) ESTABLISHMENT 11.5% Investment Corp. of Dubai OWNERSHIP TYPE 6.1% In 1995 as an on-shore Publicly listed
Slide 5: Board of Directors - A Well Seasoned and Experienced Team
Board of Directors - A Well Seasoned and Experienced Team Chairman – Abdulrahman Ghanem A. Al Mutaiwee Vice Chairman & CEO – Khalid Jassim Bin Kalban Mr. Abdulrahman Ghanem A. Al Mutaiwee is a high-ranking diplomat and has held senior Mr. Khalid Bin Kalban has extensive experience in Manufacturing &
Slide 6: Diversified Portfolio of Assets Across Property, Manufacturing and Investments
Diversified Portfolio of Assets Across Property, Manufacturing and Investments Total Assets AED 21.0 BN 37% 7,680m As at 31st March 2023 Amounts in AED DUBAI INVESTMENTS 20% PARK DEV. COMPANY 23% 4,739m 14.4 2.0 billion 4.5 4,237m TREASURY PORTFOLIO billion billion 10% 21% & OTHER 69% 295m DUBAI INV
Slide 7: Dubai Investments – A Diversified Portfolio of Investments
Dubai Investments – A Diversified Portfolio of Investments 7
Slide 8: 25+ Years of Building Businesses and Creating Shareholder Value
25+ Years of Building Businesses and Creating Shareholder Value Long-term investment approach in building underlying value of investees – provide the necessary strategic direction along with growth capital; exit businesses which have matured - enhance shareholder value through capital gains National
Slide 9: Consistent Dividend Paying Company
Consistent Dividend Paying Company Annual Dividends Paid (AED million) & Annual Dividend Per Shareholder Returns – DIC vs. DFMGI Index Share (AED) 160 1,200 0.22 0.20 140 1,000 0.17 120 19.2% 800 0.12 532 100 6.8% 0.12 0.12 0.12 0.12 0.10 0.10 80 600 0.08 0.07 60 510 510 486 486 400 425 425 40 340 3
Slide 10: Management Summary – Q1 2023 Financial Highlights
Management Summary – Q1 2023 Financial Highlights 10
Slide 11: Q1 2023 – Financial Information
Q1 2023 – Financial Information SUMMARY OF PROFITS AND LOSSES SUMMARY OF FINANCIAL POSITION (AED’ 000) Q1 2023 Q1 2022 (AED’ 000) 31st Mar 2023 31st Dec 2022 31st Mar 2022 3-month period ended 31st Mar Property, plant and equipment 1,557,437 1,693,639 1,582,821 Sales of goods and provision of servic
Slide 12: Q1 2023 – Financial Highlights: Well Capitalized and Profitable Company
Q1 2023 – Financial Highlights: Well Capitalized and Profitable Company TOTAL INCOME EBITDA PROFIT ATT. TO EPS ROE* SHAREHOLDERS 1,018.8 195.9 314.4 0.07 9.6% AED million AED million AED million AED per share TOTAL ASSETS CASH & CASH NET DEBT *** EQUIT Y ATT. TO NET DEBT / TOTAL EQUIVALENTS** SHAREH
Slide 13: Key Messages: Q1 2023
Key Messages: Q1 2023 ▪ The Group reported a total income of AED 1,018.8 million in Q1 2023 as compared to AED 761.0 million for the same period in the prior year. The increase of AED 257.8 million was contributed by strong performance witnessed by the Group’s property segment ▪ The Group witnessed
Slide 14: Evolution by Quarter: Rental Income Portfolio remains key contributor to Total Income
Evolution by Quarter: Rental Income Portfolio remains key contributor to Total Income Total Income and Rental Income (AED Million) EBITDA (AED Million) 701 1,725 211 1,085 983 1,019 218 845 847 761 786 638 239 225 234 239 237 267 201 208 209 207 198 198 196 195 170 443 868 644 639 552 579 1,514 744
Slide 15: Total Income Movement Year-on-Year
Total Income Movement Year-on-Year Total Income Bridge (AED Million) 7.1 ( 0.7 ) 25.2 ( 1.2 ) 251.4 1,018.8 68.7 761.0 ( 121.5 ) 15.9 11.8 Q1 2022 Sale of goods and Rental income Contract revenue Sale of properties Gain on FV of Gain on FV of Gain on sale of Share of profit from Dividend income Q1 2
Slide 16: Growth in Assets & Liabilities due to Acquisitions & Growth in Real Estate Portfolio
Growth in Assets & Liabilities due to Acquisitions & Growth in Real Estate Portfolio Total Assets (AED Billion) Total Liabilities & Total Equity (AED Billion) 22.0 21.9 21.9 21.8 21.9 21.9 22.0 21.9 21.9 21.8 21.9 21.9 20.8 20.5 21.0 20.8 20.5 21.0 5.0 4.9 4.9 5.5 4.4 4.3 4.4 4.2 4.3 7.7 7.5 7.3 6.9
Slide 17: Operational Performance by Business Segment – Q1 2023
Operational Performance by Business Segment – Q1 2023 17
Slide 18: Property Segment – Development of Real Estate for Sale and Leasing
Property Segment – Development of Real Estate for Sale and Leasing Property Financial highlights ▪ The Group reported a total income of AED 635.7 million in Q1 2023 Total Income (AED m) from this segment against AED 280.9 million reported during the prior 636 period. The increase was largely on acco
Slide 19: Manufacturing Segment – Manufacturing, District Cooling, Healthcare and Education
Manufacturing Segment – Manufacturing, District Cooling, Healthcare and Education Manufacturing, Contracting & Services Financial highlights ▪ This segment reported a total income of AED 314.9 million in Q1 Total Income (AED m) 2023, a decrease of AED 123.4 million as compared to the prior 438 380 p
Slide 20: Financial Inv. Segment – Strategic Interests in Associates & Financial Investments
Financial Inv. Segment – Strategic Interests in Associates & Financial Investments Financial Investments Financial highlights ▪ Total Income from Investments segment was AED 68.3 million in Q1 Total Income (AED m) 2023 as compared to AED 41.9 million in the prior period. This 68 increase was largely
Slide 21: Management Strategy & Outlook
Management Strategy & Outlook 21
Slide 22: Management Strategy & Outlook: Generate Sustainable Cash Flows to Maximize Shareholder Returns
Management Strategy & Outlook: Generate Sustainable Cash Flows to Maximize Shareholder Returns ▪ Continue to generate steady income, backed by recurring cash flow & rental income streams Profitability ▪ Focus on monetizing real estate investment portfolio to deleverage the balance sheet ▪ Sale of al
Slide 23: Portfolio Information – Flagship Assets
Portfolio Information – Flagship Assets 23
Slide 24: Dubai Investment Park - A "City within a City"
Dubai Investment Park - A “City within a City” TOTAL AREA NET LEASE AREA 23 17 million m2 million m2 LEASED PLOTS INDUSTRIAL ~1,100 62% LEASED RESIDENTIAL 98% 29% Q1 2023 TOTAL COMMERCIAL INCOME 197 9% AED million Note: Figures are rounded to the nearest decimal 24
Slide 25: Glass LLC – The Glass Pioneer in the Middle East
Glass LLC – The Glass Pioneer in the Middle East ESTABLISHED Subsidiaries 2006 FACILIT Y Key Projects (UAE & Global) ~45,000 Sqm. of Built-up Area PRODUCTION ~14.2M Dubai Airport T3 Abu Dhabi Index Tower Al Ain Stadium n Sqm. (FY22) (UAE) Airport (UAE) (UAE) T3 (UAE) EXPORTS ~40 Countries Nanyang Ly
Slide 26: Investor Relations Contacts and Awards
Investor Relations Contacts and Awards 26
Slide 27: Investor Relations Contact
Investor Relations Contact Mushtaq Masood Group Chief Financial Officer Dubai Investments PJSC PO Box 28171 Dubai, UAE Phone +971 4 8122 400 Email mushtaq@dubaiinvestments.com www.dubaiinvestments.com Mohammed Al Shamsi Investor Relations Manager Phone +971 4 8122 400 Email mohammed.alshamsi@dubaiin
Slide 28: Key Events and Awards
Key Events and Awards Phase 1 of Dubai Globalpharma supports Dubai Investments has Investments Danah Emirates Red Crescent broken ground on Bay in Ras Al Khaimah Earthquake Relief for flagship AED 1 billion fully sold out Turkey and Syria with Danah Bay project on more than 144,000 packs Al Marjan I
Slide 29: Disclaimer – Forward Looking Statements
Disclaimer – Forward Looking Statements This presentation has been prepared solely for informational purposes. The presentation may contain forward looking statements, which reflect our beliefs or current expectations and assumptions regarding the future of the business, future plans and strategies,
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