Boubyan Petrochemical Co. (k.s.c.) · KSE:BPCC
Boubyan Petrochemical Co. (k.s.c.) — Boubyan Petrochemical Company — Q3 2021/22 Earnings Presentation
8 slides from Boubyan Petrochemical Co. (k.s.c.)'s earnings presentation, Jan 31, 2022
Slide 1: Boubyan Petrochemical Company Investor Update – January 31st, 2022 results
Boubyan Petrochemical Company Investor Update – January 31 st , 2022 results
Slide 2: Boubyan Petrochemical Company – 3Q21/22 results
Boubyan Petrochemical Company – 3Q21/22 results Business • Strong performances by the majority of Boubyan’s core investments led to a 10% YoY Highlights bottom line growth during 3Q21/22. • Boubyan reported net income of KWD2.52mn in 3Q21/22 compared to KWD2.30mn in 3Q20/21 Financial (EPS of 4.84 fi
Slide 3: Core Investments Updates
Core Investments Updates • In 1Q21/22, EDU reported a net income of KWD1.87mn, compared to KWD1.85mn during the same period last year. • As the Ministry of Education permitted schools to return to offline learning and curbed the discount on tuition fees, EDU’s tuition revenues surged to almost pre-C
Slide 4: Core Investments Updates
Core Investments Updates • In 3Q21, Nafais’ net income reached KWD2.58mn from KWD2.96mn during the same period last year. • The decline in profits was a result of an increase in staff costs as schools returned to on-campus education. • Muna Noor turned profitable during 3Q21/22, as it reported net i
Slide 5: Boubyan's Investment Portfolio Reached KWD450mn as of 3Q21/22
Boubyan’s Investment Portfolio Reached KWD450mn as of 3Q21/22 Amounts in KWD, millions EQUATE Group Ownership Carrying Value EQUATE 9.0% 174.5 The Kuwait Olefins Company (TKOC) 9.0% 121.8 16.3% EQUATE Group Total 296.3 Core Investments Ownership Carrying Value 17.9% Al Kout 54.2% 20.5 EYAS 55.7% 16.
Slide 6: Boubyan achieved a net income of KWD2.5mn in 3Q21/22 compared to KWD2.3mn in 3Q20/21
Boubyan achieved a net income of KWD2.5mn in 3Q21/22 compared to KWD2.3mn in 3Q20/21 KWD, thousands EPS Contribution (fils) Income 3Q21/22 3Q20/21 3Q21/22 3Q20/21 Commentary EDU (excluding the results of Eyas) 1,088.2 688.5 2.09 1.37 • Core investments income Eyas 808.2 1,353.3 1.55 2.68 increased t
Slide 7: Core Investment Income reached KWD3.5m in 3Q21/22
Core Investment Income reached KWD3.5m in 3Q21/22 Amounts in KWD, thousands 594.5 545.1 194.9 633.2 399.7 3,459.5 3,470.3 3Q20/21 Core EDU Nafais Eyas Muna Noor Group Others 3Q21/22 Core Investment Income Investment Income 7
Slide 8: Q&A Thank you
Q &A Th a n k yo u
Boubyan Petrochemical Company — Q3 2021/22 Earnings Presentation on 6ix