Shamal Az-zour Al-oula Power And Water Company · KSE:AZNOULA
Shamal Az-zour Al-oula Power And Water — Shamal Az-Zour Al-Oula Power and Water Company K.S.C.P. — Q1 2021 Earnings Presentation
11 slides from Shamal Az-zour Al-oula Power And Water's earnings presentation, May 9, 2021
Slide 1: Shamal Az-Zour Al-Oula KSCP Q1 2021 Earnings Webcast
Shamal Az-Zour Al-Oula KSCP Q1 2021 Earnings Webcast May 09, 2021 1 © 2020, Shamal Az-Zour Al-Oula Power and Water Company K.S.C.P
Slide 2: Disclaimer
DISCLAIMER This con dential document is provided for informational purposes only. 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 IN ANY JURISDICTION. IT IS SOLELY FOR US
Slide 3: Agenda
AGENDA Introducing Shamal Az-Zour Q1 2021 Highlights Key Events Questions and Answers © 2021, Shamal Az-Zour Al-Oula Power and Water Company K.S.C.P. 3
Slide 4: Board & Management
BOARD & MANAGEMENT Board of Directors Ownership Structure Public 50% AZOH 40% Chairman Vice Chairman Director & CEO Director Director Director PIFSS Ahmad Othman Alex Katon Andrew Paul Ghazi Laurent Furred Eyad Ali AlFalah AlMujalham Frain Abdulrahman 5% AlSanie KIA 5% Management Team AZOH: Azour No
Slide 5: Our Business
OUR BUSINESS Timeline December, 2013 Signing ceremony between the consortium and Kuwait Minister of Energy and Water, successfully concluding Kuwait’s first PPP RFP process. Construction commences. November, 2016 Construction completed, started commercial operation (on schedule and on budget). Septe
Slide 6: Our Business
OUR BUSINESS Production Capacity Customer 10% The plant supplies about 20% The plant supplies about Production supplied entirely to 10% of Kuwait’s installed 20% of Kuwait’s water the national power and water power capacity. desalination capacity. grid operated by the Kuwait Ministry of Electricity
Slide 7: Our Plant
OUR PLANT Location Power Plant Net production: 1,539.2 MW in net contracted power capacity. Generated by five General Electric GTG 9F-3 turbines generating 225.8 MW each and two General Electric STG D1 turbines generating 251 MW each. Fuel: Natural gas is the main fuel, supplied by a blend of local
Slide 8: FY2021 Q1 Highlights: P&L
FY2021- Q1 HIGHLIGHTS: P&L KWD MILLIONS 1Q21 1Q20 % Diff Revenue 11.7 12.4 -5.6% Operating Costs 3.6 3.8 -5.3% Gross Profit 8.1 8.6 -5.8% EBITDA 7.6 8.2 -7.3% Net Profit 2.8 2.7 +3.7% • Revenue was in line with management expectations and below the previous year’s recorded revenue due to planned out
Slide 9: Key Events
KEY EVENTS There has been recent press speculation concerning the effect of Covid-19 and the low oil price on the ability of Kuwait to pay its obligations. We have a close working relationship with the Ministry of Electricity and Water (MEW) and we can confirm that they continue to settle our invoic
Slide 10: Questions and Answers
QUESTIONS AND ANSWERS © 2021, Shamal Az-Zour Al-Oula Power and Water Company K.S.C.P.
Slide 11: Investor Relations Contact
Investor Relations Contact: Ali Abdulsalam Compliance Officer and Investor Relations Manager IR@aznoula.com aznoula.com
Shamal Az-Zour Al-Oula Power and Water Company K.S.C.P. — Q1 2021 Earnings Presentation on 6ix