Boubyan Petrochemical Co. (k.s.c.) · KSE:BPCC
Boubyan Petrochemical Co. (k.s.c.) — Boubyan Petrochemical — FY2022/23 Earnings Presentation
12 slides from Boubyan Petrochemical Co. (k.s.c.)'s earnings presentation, May 22, 2023
Slide 1: Disclosure letter to Boursa Kuwait: Results of Analysts Conference
@ cor) GhighewSa il GLirgs AS a BOUBYAN PETROCHEMICAL Co. (ks.c.P) Date: 22 May 2023 2023 gale 22 :-u,luI Ref: CO/165/ HT — NA CO/165/ HT — NA: geo! To: Boursa Kuwait Ca viel Sug 442994 / Bolu! Dear Sirs, coe hag Sule Aaced Subject: Results of Analysts Conference Chloe _pcig0 foley ? Eg4egl! held on
Slide 2: Disclosure of Material Information Form
eer) lage lt Slings aS a BOUBYAN PETROCHEMICAL Co. (Ks.c.P) Apagadl claglall ge clad! cigei Disclosure of Material Information Form Date: 22/5/2023 Name of the listed Company: Boubyan Petrochemical Co. (BPC) *’5° Material Information: BPC’s Annual Analysts’ Conference was held on Mon. 22/5/2023 at 0
Slide 3: Boubyan Petrochemical Company Investor Update – April 30th, 2023 results
Boubyan Petrochemical Company Investor Update – April 30 th , 2023 results
Slide 4: Boubyan Petrochemical Company – 4Q22/23 results
Boubyan Petrochemical Company – 4Q22/23 results • Boubyan achieved a net profit of KWD 35.0mn for FY22/23, despite a significant decline in dividend income from Equate Group. Business • In 4Q22/23, Boubyan successfully completed its merger with EDU. As a result, EDU’s assets and Highlights liabiliti
Slide 5: Core Investments Updates (1/2)
Core Investments Updates (1/2) • In 2Q22/23, EDU reported a net income (excluding share of profit of Eyas) of KWD 1.38mn, reflecting a growth of 13% over KWD 1.22mn recorded during the same period last year. • The increase in net income during the quarter was driven by improvement in the Company’s s
Slide 6: Core Investments Updates (2/2)
Core Investments Updates (2/2) • Al Kout reported a net income of KWD1.8mn in 1Q23, compared to KWD 2.07mn in 1Q22. • The decline in net profit is primarily attributed to the share of loss reported by its associate. However, Al Kout achieved an increase in the operating profit, supported by the rise
Slide 7: Boubyan's Investment Portfolio Reached KWD 436.5mn as of 4Q22/23
Boubyan’s Investment Portfolio Reached KWD 436.5mn as of 4Q22/23 Amounts in KWD, millions EQUATE Group Ownership Carrying Value EQUATE 9.0% 178.7 8.4% The Kuwait Olefins Company (TKOC) 9.0% 113.2 EQUATE Group Total 291.9 24.8% Core Investments Ownership Carrying Value Al Kout 54.1% 24.3 EYAS 62.8% 2
Slide 8: Net income of KWD 14.4mn in 4Q22/23 compared to KWD 30.6mn
Boubyan achieved a net income of KWD 14.4mn in 4Q22/23 compared to KWD 30.6mn in 4Q21/22 Amounts in KWD, thousands EPS Contribution (fils) Income 4Q22/23 4Q21/22 4Q22/23 4Q21/22 Commentary Equate Group 3,346.6 30,245.4 6.35 58.00 • Core investments income grew Al Kout 949.8 638.0 1.80 1.22 to KWD 4.
Slide 9: Net income of KWD 35.0mn in FY22/23 compared to KWD 38.8mn
Boubyan achieved a net income of KWD 35.0mn in FY22/23 compared to KWD 38.8mn in FY21/22 Amounts in KWD, thousands EPS Contribution (fils) Income FY22/23 FY21/22 FY22/23 FY21/22 Commentary Equate Group 16,843.1 30,245.4 32.22 58.17 • During FY22/23, Boubyan’s core Al Kout 5,252.3 3,098.4 10.05 5.96
Slide 10: Core Investment Income Grew to KWD 4.9m in 4Q22/23
Core Investment Income Grew to KWD 4.9m in 4Q22/23 Amounts in KWD, thousands 4Q21/22 Core Al Kout EDU Nafais Muna Noor 4Q22/23 Core Al Borg ML Eyas Investment Group Investment Income Income 8
Slide 11: Core Investment Income Reached KWD 16.0m in FY22/23
Core Investment Income Reached KWD 16.0m in FY22/23 Amounts in KWD, thousands FY21/22 Core Al Kout EDU Nafais Muna Noor FY22/23 Core Al Borg ML Eyas Investment Group Investment Income Income 9
Slide 12: Q&A Thank you
Q &A Th a n k yo u
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