Mannai Corporation Q.p.s.c. · QSE:MCCS
Mannai Corporation Q.p.s.c — H1 2024 Earnings Presentation
16 slides from Mannai Corporation Q.p.s.c's earnings presentation, Aug 15, 2024
Slide 1: Investors Meeting – H1'2024 Financial Summary
Mannai Corporation QPSC Investors Meeting – 15th August 2024 H1’2024 Financial Summary
Slide 2: Mannai Group Financial Performance
Mannai Group Financial Performance QAR m Revenues Net Profit 2,804 2,640 67 38 H1'23 H1'24 H1'23 H1'24 2
Slide 3: Revenue
Revenue QAR m Revenues Qatar Damas 2,009 2,006 799 631 H1'23 H1'24 H1'23 H1'24 3
Slide 4: Mannai Qatar Financial Performance
Mannai Qatar Financial Performance QAR m Revenues Net Profit 72 2,009 2,006 54 H1'23 H1'24 H1'23 H1'24 4
Slide 5: Revenue Mix by Business Unit
Revenue Mix by Business Unit H1’23 H1’24 Others Others Auto Group 9% Auto Group 9% 14% 18% Damas Damas 24% 29% ICT 48% ICT 49% 5
Slide 6: Consolidated Financial Highlights – H1'24
Consolidated Financial Highlights – H1’24 QAR m H1’24 H1’23 Variance Revenue 2,804 2,640 6% Gross Profit 520 469 11% General & Admin Expenses 234 198 18% Selling & Distribution Expenses 129 110 18% EBIT 176 165 7% Finance Cost 106 126 (15%) Net Profit 67 38 78% EPS 0.15 0.08 78% 6
Slide 7: ICT Qatar
ICT Qatar QAR m Revenue Net Profit 1,306 1,347 85 74 H1'23 H1'24 H1'23 H1'24 7
Slide 8: Auto Group
Auto Group QAR m Revenue Net Profit 474 404 31 34 H1'23 H1'24 H1'23 H1'24 8
Slide 9: Energy and Industrial Markets
Energy and Industrial Markets QAR m Revenue Net Profit 102 76 1 1 H1'23 H1'24 H1'23 H1'24 9
Slide 10: Qatar Logistics
Qatar Logistics QAR m Revenue Net Profit 12.1 10.7 3.9 3.1 H1'23 H1'24 H1'23 H1'24 10
Slide 11: Home Appl.& Electronics
Home Appl.& Electronics QAR m Revenue Net Profit 73.0 50.2 0.1 (2.4) H1'23 H1'24 H1'23 H1'24 11
Slide 12: Gulf Labs
Gulf Labs QAR m Revenue Net Profit 26.9 20.8 1.8 (5.7) H1'23 H1'24 H1'23 H1'24 12
Slide 13: Travel
Travel QAR m Revenue Net Profit 32.4 26.7 4.9 3.0 H1'23 H1'24 H1'23 H1'24 13
Slide 14: Manweir
Manweir QAR m Revenue Net Profit 53.7 44.2 (3.7) (6.8) H1'23 H1'24 H1'23 H1'24 14
Slide 15: Damas Jewellery
Damas Jewellery QAR m Revenue Net Profit 23 799 631 10 H1'23 H1'24 H1'23 H1'24 15
Slide 16: Consolidated Statement of Income
MANNAI CORPORATION Q.P.S.C CONSOLIDATED STATEMENT OF INCOME For the period ended 30 June 2024 June 30, 2024 June 30, 2023 QR 000 QR 000 (Unaudited) (Unaudited) Revenue 2,804,222 2,639,652 Direct costs (2,283,988) (2,171,093) Gross profit 520,234 468,559 Impairment on financial and contract assets -
Mannai Corporation Q.P.S.C. — H1 2024 Earnings Presentation on 6ix