Boubyan Petrochemical Co. (k.s.c.) · KSE:BPCC
Boubyan Petrochemical Co. (k.s.c.) — Boubyan Petrochemical Company — Q1 FY2021/22 Earnings Presentation
8 slides from Boubyan Petrochemical Co. (k.s.c.)'s earnings presentation, Jul 31, 2021
Slide 1: Boubyan Petrochemical Company Investor Update – July 31st, 2021 results
Boubyan Petrochemical Company Investor Update – July 31 st , 2021 results
Slide 2: Boubyan Petrochemical Company – 1Q21/22 results
Boubyan Petrochemical Company – 1Q21/22 results • Boubyan’s income from core investments witnessed major growth during the quarter, Business Highlights as our investments continue to recover from the economic downturn that was initiated by the pandemic in 2020. • Boubyan reported net income of KWD2.
Slide 3: Core Investments Updates (1/2)
Core Investments Updates (1/2) • In 3Q20/21, EDU reported a net income of KWD1.88mn, compared to KWD0.89mn during the same quarter last year. • The major improvement in net income during the quarter was a result of an improved performance of the Company’s subsidiaries. • EYAS reported income of KWD2
Slide 4: Core Investments Updates (2/2)
Core Investments Updates (2/2) • AlKout reported net profit of KWD1.4mn in 2Q21, compared to KWD0.4 in 2Q20 • The surge in income was driven by a 43% increase in revenues, driven by increase in sales of Chlor Alkai. • Muna Noor reported a quarterly loss of OMR0.35mn during 1Q21/22, compared to loss
Slide 5: Boubyan's Investment Portfolio Reached KWD455mn as of 1Q21/22
Boubyan’s Investment Portfolio Reached KWD455mn as of 1Q21/22 Amounts in KWD, millions EQUATE Group Ownership Carrying Value EQUATE 9.0% 173.0 The Kuwait Olefins Company (TKOC) 9.0% 120.8 14.1% EQUATE Group Total 293.8 Core Investments Ownership Carrying Value 21.3% EDU 83.1% 26.7 EYAS 55.7% 24.3 64
Slide 6: Boubyan achieved a net income of KWD2.8mn in 1Q21/22 compared to KWD2.5mn
Boubyan achieved a net income of KWD2.8mn in 1Q21/22 compared to KWD2.5mn in 1Q20/21 KWD, thousands EPS Contribution (fils) Commentary Income 1Q21/22 1Q20/21 1Q21/22 1Q20/21 EDU 3.03 1.50 • Core investments income 1,560.2 755.1 reached KWD4.0mn in 1Q21/22 Al-Kout 740.3 253.7 1.44 0.50 from KWD2.4mn
Slide 7: Core Investment Income Reached KWD4.0m in 1Q21/22
Core Investment Income Reached KWD4.0m in 1Q21/22 Amounts in KWD, thousands 74.3 162.1 486.7 17.7 805.1 255.2 368.3 3,974.2 2,350.5 1Q20/21 Core Al Borg ML Muna Noor EDU Eyas Al-Kout Nafais Awazel 1Q21/22 Core Investment Group Investment Income Income 7
Slide 8: Q&A Thank you
Q &A Th a n k yo u
Boubyan Petrochemical Company — Q1 FY2021/22 Earnings Presentation on 6ix