Kuwait Financial Centre Kpsc · KSE:MARKAZ
Kuwait Financial Centre Kpsc — H1 2022 Earnings Presentation
20 slides from Kuwait Financial Centre Kpsc's earnings presentation, August 2022
Slide 1: Earnings Presentation H1 2022
Earnings Presentation H1 2022 j—4y—al| MARKAZ|
Slide 2: Agenda
H1 2022 Performance Highlights …………………………………………………….. 3-4 Markaz Overview …………………………………………………………………………………….. 5-7 Business Highlights ………………………………………………………………………………… 8-9 Financials Trend ………………………………………………………………………………………. 10-11 Profit & Loss Key Metrics ……………………………………………………………………. 12 Balance Sheet Ke
Slide 3: Profit and Loss Highlights
Profit and Loss Highlights KD 9.88 mn Total Revenue KD 6.00 mn KD 4.40 mn Management Fees & Commission Return on Principal Investments Net Rental Income KD 1.85 mn Management Fees & Commission Asset Management KD 5.74 mn KD (0.52) mn Interest and Dividend KD 0.65 mn increased by 20.3% from KD 4.99 m
Slide 4: H1 2022 financial results summary
Kuwait, 11 Aug 2022 - Kuwait Financial Centre “Markaz” (KSE: Markaz, Reuters: MARKZ.KW, Bloomberg: MARKAZ:KK) reported its financial results for the first half of 2022 ended 30 June 2022 with Total Revenues of KD 9.88 million, as compared to KD 19.06 million in H1 2021, a decrease of 48%, primarily
Slide 5: Markaz Overview
Leading market position Sustainable long-term shareholder Building a sustainable economy in Our Team - cornerstone of our As one of the region’s leading returns Kuwait success asset management and investment Generates sustainable long-term Endeavors to actively participate in A team of 150+ employee
Slide 6: Business lines and regional offices
Germany US Poland Turkey Kuwait Qatar Bahrain Oman KSA India UAE Egypt Lebanon Equity Fixed Income MENA Real Estate Investments International Real Estate Investment Banking Advisory Offices
Slide 7: Awards: Best Investment Bank and Best Asset Manager
Best Investment Bank Best Asset Manager Best Investment Bank in Kuwait in Kuwait By: Global Finance By: EMEA Finance By: EMEA Finance MENA Real Estate Asset Manager Sustainability of the Year By: Global Investor Magazine By: EMEA Finance
Slide 8: Asset Management
Asset Management Real Estate Investments GCC Equity Funds, Fixed Income Fund, Others: Middle East and North Africa, International: Total AUM of KD 852 million Total AUM of KD 309 million Asset management continues to implement Markaz’s long term bottom up investment approach along with active MENA
Slide 9: Investment Banking and Research
Investment Banking Research M&A, Advisory, Equity & Debt Capital Markets, IPOs and Mena focused Consulting, Market Advisory & Research restructuring: Services: GCC IPO and M&A activity recovered in 2021 and Provides bespoke consulting and advisory services to momentum continued in Q2 2022 client
Slide 10: H1 2022 Revenue and Net Profit
H1 2022 Revenues growth on y-o-y basis H1 2022 Net Profit (KD 000’s) Total Revenue growth was impacted primarily due to The net profit is impacted due to decline in revenues sharp correction in global equity markets amidst the and negative fair value adjustment of financial challenging macroecon
Slide 11: Return on Equity and Dividend Per Share
Return on Equity1 Dividend Per Share and Payout Return on Equity of 6.8 % in H1 2022 was primarily The AGM approved a cash dividend of 10 Fils per impacted due to Loss from Investments at Fair Value share and 5% bonus shares. Total dividend of 15 Fils of KD 5.91 million recorded in Q2 2022 per s
Slide 12: Profit & Loss Key Metrics
Period Ended Y-o-Y (KWD 000's) Growth H1 2022 H1 2021 (%) Management Fees and Commission 6,000 4,987 20% H1-2022 Revenue Analysis Interest income 203 271 (25%) Dividend income 452 752 (40%) Gain from investments at fair value through P/L 1,837 11,444 (84%) Share of results of associate and joint ven
Slide 13: Balance Sheet Key Metrics
(KWD 000's) June Dec June 2022 2021 2021 ASSETS Cash and bank balances 7,713 10,497 9,363 Asset Under Management Time deposits 2,110 106 542 Investments at fair value through profit or loss 113,205 111,618 106,592 Investments at fair value through OCI - - 402 H1 2022 AUM H1 2021 AUM Investments carr
Slide 14: Management Fees & Commission
Management Fees & Commission (KD 000’s) 29% Y-o-Y 3,143 2,799 2,857 2,219 2,026 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Asset Management Fees1 (KD 000’s) Investment Banking Fees (KD 000’s) 34% (18)% Y-o-Y Y-o-Y 458 3,077 2,665 2,341 1,985 1,919 234 192 107 66 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022
Slide 15: Asset Management Fees, AUM and Annualized Fees
Asset Management Fees1 (KD 000’s) AUM (KD million) 3,077 1,170 1,161 2,665 2,341 1,985 1,919 1,053 1,037 1,041 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Annualized Management Fees (%) 1.05% 0.90% 0.92% 0.77% 0.73% Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 1. Asset
Slide 16: Return on Principal Investments
Income Returns (KD 000’s) Investment Assets1 (KD million) 195 8,655 9,150 4,168 188 2,645 188 188 185 (4,750) Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Annualized Income Returns (%) 18.4% 18.8% 8.9% 5.6% -9.8% Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 1. Investmen
Slide 17: Capital Structure and Returns
Return on Assets1 (%) 9.0% 8.8% June Dec June 8.6% (KD 000's) 2022 2021 2021 7.1% Bank borrowings 28,767 25,280 15,047 Due to Banks - 457 969 3.3% Bonds Issued 35,000 35,000 44,350 Total Debt 63,767 60,737 60,366 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Cash and Bank Balance 7,713 10,497 9,363 Time D
Slide 18: Shareholders Information
Major Shareholders Corporate Information Major Shareholders Type % Holding Main Market – Boursa Kuwait Market Segment Listing (Sec Code: 213) Kuwait Pillars for Financial Investment Direct 29.70% Cash Dividend – 10 Fils Per Share Kuwait Financial Centre K.P.S.C / Clients Direct 5.23% 2021 Proposed D
Slide 19: Disclaimer
This document has been prepared by Churchgate Partners for Kuwait Financial Centre K.P.S.C. (“Markaz”) investors, solely for informational purposes. This presentation may contain statements that are not historical facts, referred to as “forward looking statements” .The information contained herein h
Slide 20: markaz.com
+965 2224 8000 | info@markaz.com markaz.com
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