Bahrain Cinema Co. Bsc · BAHRAIN:CINECO
Bahrain Cinema Co. Bsc — Bahrain Cinema Company — H1 2022 Earnings Presentation
17 slides from Bahrain Cinema Co. Bsc's earnings presentation, Aug 10, 2022
Slide 1: Bahrain Cinema Company Investors' Conference Call (HY-2022)
Bahrain Cinema Company Investors’ Conference Call (HY – 2022) 10 August 2022 Investors’ Conference Call (HY- 2022)
Slide 2: Financial Highlights
Financial Highlights (Period ending 30 June 2022) Investors’ Conference Call (HY- 2022)
Slide 3: Financial Performance
FINANCIAL PERFORMANCE (Amounts in BD’000) 6 Months 6 Months Quarter Quarter Year ended Year ended Period ended Period ended ended ended KEY RATIOS December December June June June June 2021 2020 2022 2021 2022 2021 OPERATING INCOME 2,417 608 1,368 345 2,317 2,242 GROSS PROFIT/(LOSS) MARGIN 224 (469)
Slide 4: Financial Performance - Six Months
FINANCIAL PERFORMANCE- SIX MONTHS Operating Income Operating Cost 2,193,261 2,417,371 1,077,574 608,464 6M22 6M21 6M22 6M21 Net Profit EPS (fils) 4 324,794 250,437 3 6M22 6M21 6M22 6M21 Investors’ Conference Call (HY- 2022)
Slide 5: Financial Performance - Six Months
FINANCIAL PERFORMANCE- SIX MONTHS Total Assets Capital & Reserves 82,457,953 59,753,995 72,347,917 58,818,726 6M22 6M21 6M22 6M21 Non-current Liabilities Current Liabilities 13,966,592 9,672,635 8,514,053 4,079,869 6M22 6M21 6M22 6M21 Investors’ Conference Call (HY- 2022)
Slide 6: Significant Financial Statement Trends
SIGNIFICANT FINANCIAL STATEMENT TRENDS CINEMA INCOME CONCESSION COUNTER 700,000 INCOME 600,000 500,000 300,000 400,000 250,000 200,000 300,000 150,000 200,000 100,000 100,000 50,000 - - 2022 2021 2020 2019 2022 2021 2020 2019 RESTAURANT INCOME CINEMA ATTENDANCE 250,000 200,000 200,000 150,000 150,00
Slide 7: Significant Financial Statement Trends
SIGNIFICANT FINANCIAL STATEMENT TRENDS Operating income – Segment wise 4% 0% 9% 5% 27% Advertisement Income 3% Advertisement Income Cinema Income Cinema Income 35% Concession Counter Concession Counter Restaurant Income Restaurant Income 20% Rental Income & other Rental Income & other 14% 83% 6 mont
Slide 8: Screen Distribution
Screen Distribution 10 Oasis Mall 16 Seef Mall 6 Wadi Al Sail Mall 1 Al Hamra 20 City Centre Mall (JV) Investors’ Conference Call (HY- 2022)
Slide 9: Significant Financial Statement Trends
SIGNIFICANT FINANCIAL STATEMENT TRENDS INVESTMENT IN AN ASSOCIATE (VOX CINECO) June – 22 June – 21 June – 20 Revenue 1,915,714 136,508 1,701,897 Profit from operations 1,216,153 86,243 359,053 Share of profit/(loss) from associate 208,071 (141,512) 179,526 Interest on MAF receivables 141,856 106,392
Slide 10: Matters to Note
Matters to Note Investors’ Conference Call (HY- 2022)
Slide 11: Matters to Note
Matters to Note 1. SHARE OF PROFIT FROM INVESTMENT IN ASSOCIATE (VOX CINECO) ACCOUNTED IN BOOKS BASED ON UNAUDITED MANAGEMENT ACCOUNTS. 2. FINANCIAL ASSETS CLASSIFIED UNDER AMORTISED COST During the period, the Group has made an investment in CBB Bonds amounting BD13.95m (USD37m), which is classifie
Slide 12: Recent developments
Recent developments Investors’ Conference Call (HY- 2022)
Slide 13: Recent Developments
Recent Developments Cineco has terminated the management agreement with Ban Management Co. W.L.L. for managing a multi-screen Cineplex in Amwaj Lifestyle Mall, Amwaj Islands The Company has opened a new Entertainment Sports facility in Bahrain Mall under the brand name “TRAX” on 21st July 2022.
Slide 14: Future Outlook
Future Outlook Investors’ Conference Call (HY- 2022)
Slide 15: Future Outlook
Future Outlook Some big movies are slated for release in the second half of the year 2022 which will improve the cinema attendance in the theatre and positively impact the revenue Films Release Date BAHEBEK 08-Jul-22 BULLET TRAIN 04-Aug-22 THE WOMAN KING 06-Oct-22 BLACK ADAM 20-Oct-22 BLACK PANTHE
Slide 16: Q&A Session
Q&A Session Investors’ Conference Call (HY- 2022)
Slide 17: Thank You
Thank You Investors’ Conference Call (HY- 2022)
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