Boubyan Petrochemical Co. (k.s.c.) · KSE:BPCC
Boubyan Petrochemical Co. (k.s.c.) — Boubyan Petrochemical Company — Q3 2018/19 Earnings Presentation
7 slides from Boubyan Petrochemical Co. (k.s.c.)'s earnings presentation, Jan 31, 2019
Slide 1: Boubyan Petrochemical Company – Investor Update 3Q18/19 results
Boubyan Petrochemical Company Investor Updated – 3Q18/19 results
Slide 2: Boubyan Petrochemical Company – 3Q18/19 results
Boubyan Petrochemical Company – 3Q18/19 results • Boubyan continued to perform in line with its strategy to achieve non-Equate income of KWD20mn by 2020 Business • During 3Q18/19, Boubyan acquired a 20.4% stake in Kuwait Foundry for a total consideration Highlights of KWD6.6mn • Boubyan is currently
Slide 3: Core Investments Updates
Core Investments Updates ▪ Record results during 2018. ▪ Boubyan’s share of dividends from EQUATE is $139.9m (KD 42.35m) ▪ EBITDA for 2018 grew by 22.5% to $2.12bn ▪ NI for the year grew by 38% to $1.56bn ▪ EQUATE will continue strengthening its position in the EG market in 2019 by adding 750 KMT fr
Slide 4: Boubyan's investment portfolio reached KWD493.4 as of 3Q18/19
Boubyan’s investment portfolio reached KWD493.4 as of 3Q18/19 Amounts in KWD, millions Core Investments Ownership Carrying value EQUATE 9.00% 173.1 The Kuwait Olefins Company (TKOC) 9.00% 134.5 The Equate group 307.6 Core Investments Ownership Carrying value Core EYAS 20.68% 17.2 30% EDU 82.70% 60.6
Slide 5: Boubyan's reported net income grew to reach KWD1.0mn in 3Q18/19, against KWD0.1mn in 3Q17/18
Boubyan’s reported net income grew to reach KWD1.0mn in 3Q18/19, against KWD0.1mn in 3Q17/18 EPS Contribution Income (KWD, thousands) 3Q17/18 3Q18/19 3Q17/18 3Q18/19 Commentary EDU 1,072 1,688 2.07 3.25 EYAS - 1,235 NM 2.38 • Boubyan’s core investments Al-Kout 113 703 0.22 1.35 achieved a total inco
Slide 6: Boubyan's reported net income – 3Q18/19 vs. 3Q17/19
Boubyan’s reported net income – 3Q18/19 vs. 3Q17/19 Amounts in KWD, Thousands +898% (51) (95) 505 (326) (268) 589 (531) 616 (411) (303) 1,235 994 (65) 100 Income EYAS EDU Al-Kout Nafais Awazel Muna Al Borg Non-core Finance Forex Staff Other Income 2018 Noor Cost exchange expenses 2019 Group 6
Slide 7: Q&A Thank you
Q&A Thank you
Boubyan Petrochemical Company — Q3 2018/19 Earnings Presentation on 6ix