Kuwait Financial Centre Kpsc · KSE:MARKAZ
Kuwait Financial Centre Kpsc — H1 2021 Earnings Presentation
20 slides from Kuwait Financial Centre Kpsc's earnings presentation, 2021
Slide 1: Earnings Presentation H1 2021
Earnings Presentation H1 2021 j—4y—al| MARKAZ|
Slide 2: Contents
H1 2021 Performance Highlights .…………................................. 3-4 Markaz Overview ......................................................................... 5-7 Business Highlights .…………...................................................... 8-9 Financials Trend .…………..........................
Slide 3: Profit and Loss Highlights
Profit and Loss Highlights KD 19.1 mn Total Revenue KD 4.99 mn KD 14.6 mn Management Fees & Commission Return on Principal Investments Net Rental Income KD 1.72 mn Management Fees & Commission Asset Management KD 4.53 mn KD (0.49) mn Interest and Dividend KD 1.02 mn increased by 42% from KD 3.51 mn
Slide 4: H1 2021 results summary and chairman's statement
Kuwait Financial Centre reported its financial results for the first half of 2021 with Total Revenues of KD 19.06 million, as compared to a Loss of KD 1.71 million in the same period last year. Markaz achieved a Net Profit of KD 10.41 million and Earnings Per Share (EPS) of 22 Fils for the half year
Slide 5: Markaz Overview
Leading market position Sustainable long-term shareholder Building a sustainable economy in Our Team - cornerstone of our As one of the region’s leading returns Kuwait success asset management and investment Generates sustainable long-term Endeavors to actively participate in A team of 150+ employee
Slide 6: Business lines and regional offices
Germany US Poland Turkey Kuwait Qatar Bahrain Oman KSA India UAE Egypt Lebanon Equity Fixed Income MENA Real Estate Investments International Real Estate Investment Banking Advisory Offices
Slide 7: Awards
Best Asset Manager Best Investment Bank Research Provider of the Year Most Innovative Financial in Kuwait in Kuwait Institution in the Middle East By: EMEA Finance By: Global Finance By: Euromoney Awards By: EMEA Finance Best Investment Bank Best Equity Fund in Kuwait “Midaf” Best Islamic Fund Most
Slide 8: Asset Management and Real Estate Investments
Asset Management Real Estate Investments GCC Equity Funds, Fixed Income Fund, Others: Middle East and North Africa, International: Total AUM of KD 790.5 million Total AUM of KD 358.2 million Asset management continues to implement Markaz’s long term bottom up investment approach along with MENA Re
Slide 9: Investment Banking and Research
Investment Banking Research M&A, Advisory, Equity & Debt Capital Markets, IPOs and Mena focused Research, Consulting Services: restructuring: Publishes MENA focused research reports and GCC IPO and M&A activity remained subdued due to bespoke consulting services for over a decade the new variant
Slide 10: H1 2021 Revenue growth and Net Profit
H1 2021 Revenues growth on y-o-y basis H1 2021 Net Profit (KD 000’s) Total Revenue increase primarily driven by strong The net profit increase due to increase in revenues recovery in Asset Management Fees and increase in and positive fair value adjustment of financial assets Rental Income The
Slide 11: Return on Equity and Dividend Per Share
Return on Equity1 Dividend Per Share and Payout Return on Equity of 4.1 % in 2021 was primarily due to In view of the ongoing pandemic, the Board of a gain arising from financial assets at fair value Directors did not proposed dividend for the full year through P&L ended 31st December 2020 100.0
Slide 12: H1 2021 Revenue Analysis
Period Ended Y-o-Y H1 2021 Revenue Analysis (KWD 000's) Growth H1 2021 H1 2020 (%) 76.4% Management Fees and Commission 4,987 3,505 42% Interest income 271 572 (53%) Dividend income 752 630 16% 26.2% Gain/(loss) from investments at fair value through P/L 11,444 (10,204) - Share of results of associa
Slide 13: Balance Sheet Key Metrics
June Dec June (KWD 000's) 2021 2020 2020 ASSETS Asset Under Management Cash and bank balances 9,363 9,951 10,399 Time deposits 542 9,483 127 Investments at fair value through profit or loss 106,592 90,101 95,773 June 2021 AUM June 2020 AUM Investments at fair value through OCI 402 410 2,071 KD 1,037
Slide 14: Management Fees & Commission
Management Fees & Commission (KD 000’s) Y-o-Y 48% 2,768 2,265 2,361 2,219 1,496 Q2 2020 Q3 2020 Q4 2020 Q1 2021 Q2 2021 Asset Management Fees1 (KD 000’s) Investment Banking Fees (KD 000’s) Y-o-Y Y-o-Y 38% 732% 2,544 2,203 2,069 1,985 292 224 234 1,441 55 62 Q2 2020 Q3 2020 Q4 2020 Q1 2021 Q2 2021 Q2
Slide 15: Asset Management Fees and AUM
Asset Management Fees1 (KD 000’s) AUM (KD million) 2,768 1,037 2,361 1,033 2,265 2,219 1,026 1,496 988 979 Q2 2020 Q3 2020 Q4 2020 Q1 2021 Q2 2021 Q2 2020 Q3 2020 Q4 2020 Q1 2021 Q2 2021 Annualized Management Fees (%) Q2 2020 Q3 2020 Q4 2020 Q1 2021 Q2 2021 1. Asset Management includes GCC Equity &
Slide 16: Return on Principal Investments
Income Returns (KD 000’s) Investment Assets1 (KD million) 5,906 6,651 192 5,108 5,083 184 185 4,510 164 164 Q2 2020 Q3 2020 Q4 2020 Q1 2021 Q2 2021 Q2 2020 Q3 2020 Q4 2020 Q1 2021 Q2 2021 Annualized Income Returns (%) Q2 2020 Q3 2020 Q4 2020 Q1 2021 Q2 2021 1. Investment Assets include Investments a
Slide 17: Capital Structure and Returns
Return on Assets1 (%) 2.9% June Dec June 2.4% (KD 000's) 2021 2020 2020 2.0% 1.5% Bank borrowings 15,047 21,081 37,425 Due to Banks 969 649 495 Bonds Issued 44,350 44,350 25,000 Total Debt 60,366 66,080 62,920 Cash and Bank Balance 9,363 9,951 10,399 -4.4% Q2 2020 Q3 2020 Q4 2020 Q1 2021 Q2 2021 Tim
Slide 18: Shareholders Information
Major Shareholders Corporate Information Major Shareholders Type % Holding Main Market – Boursa Kuwait Market Segment Listing (Sec Code: 213) Kuwait Pillars for Financial Investment Direct 29.70% 2020 Dividends Cash Dividend – nill% Kuwait Financial Centre K.P.S.C / Clients Direct 5.68% KD 44,350,00
Slide 19: Disclaimer
This document has been prepared by Churchgate Partners for Kuwait Financial Centre K.P.S.C. (“Markaz”) investors, solely for informational purposes. This presentation may contain statements that are not historical facts, referred to as “forward looking statements” .The information contained herein h
Slide 20: markaz.com
+965 2224 8000 | info@markaz.com markaz.com
Kuwait Financial Centre K.P.S.C. (Markaz) — H1 2021 Earnings Presentation on 6ix