Al Imtiaz Investment Group K.s.c.c · KSE:ALIMTIAZ
Al Imtiaz Investment Group K.s.c.c — Al Imtiaz Investment Group K.S.C. — H1 2019 Earnings Presentation
22 slides from Al Imtiaz Investment Group K.s.c.c's earnings presentation, 2019
Slide 1: Earnings Presentation H1 2019
PASSION FOR EXCELLENCE DRIVING GROWTH Earnings Presentation H1 2019 www.alimtiaz.com
Slide 2: Disclaimer
Disclaimer This document has been prepared and issued by Al Imtiaz Investment Group Company K.S.C (“AIIG”), which is regulated by the Kuwait Capital Markets Authority, the Central Bank of Kuwait and the Kuwait Ministry of Commerce and Industry. The purpose of this document is to provide information
Slide 3: H1 2019 Key Financial Highlights
H1 2019 Key Financial Highlights Strong Year-on-Year Growth Operating Portfolio Revenue1 Contributing 44% of Total Revenue Key Financial Metrics Key Financial Ratios KD 44.3 KD 28.3 KD 23.4 22.7 fils 71.5% 21.2% Total Revenue EBITDA Net Profit Earnings Per Revenue Growth Return on Equity (mn) (mn) (
Slide 4: H1 2019 Financial Performance
H1 2019 Financial Performance Operating Portfolio Revenue1 (KD mn) Total Revenue2 (KD mn) 51.0 44.3 37.4 35.7 25.8 26.0 16.4 19.4 10.6 12.2 6M 2018 9M 2018 2018 3M 2019 6M 2019 6M 2018 9M 2018 2018 3M 2019 6M 2019 EBITDA (KD mn) Net Profit (KD mn) 29.2 28.3 23.0 23.4 20.0 16.5 17.1 12.3 3.4 1.0 6M 2
Slide 5: Strategic Direction
Strategic Direction Strategic Focus on Growth Re-Organization Develop Core Assets Continue to optimize Invest in core operating governance system, policies assets to fund their growth and procedures Expansion Diversification Strategic plan drives growth Analysis of industry sectors, through geograph
Slide 6: Key Operating Portfolio Companies: Dimah Capital
Key Operating Portfolio Companies Dimah Capital Investment Key Business Updates • Dimah Capital has started realizing post merger benefits on profitability through International real estate investment management company cost synergies and strengthen its financial position. During H1 2019 Dimah Brief
Slide 7: Key Operating Portfolio Companies: Integrated Technology Holding
Key Operating Portfolio Companies Integrated Technology Holding Key Business Updates • ITH is the group’s arm in the ICT and IT Services sector with operations in the GCC and MENA region Brief Regional IT and Technology Services Company Description • A new strategy for the sector and its operating c
Slide 8: Key Operating Portfolio Companies: Al Ritaj Holding
Key Operating Portfolio Companies Al Ritaj Holding (RHC) Key Business Updates • RHC has two generic pharmaceutical subsidiaries based in Egypt: Brief Manufactures branded generic pharmaceuticals in Egypt • Pharo Pharmaceuticals ranked 34th worldwide according to IMS1 Description with an internationa
Slide 9: Key Operating Portfolio Companies: Amman Arab University
Key Operating Portfolio Companies Amman Arab University Key Business Updates • Amman Arab University achieved an important milestone turning profitable after several years of losses. This turnaround has been driven by: Brief Private multidisciplinary university that offers specialized Description un
Slide 10: Key Operating Portfolio Companies: House of Trade Engineering
Key Operating Portfolio Companies House of Trade Engineering and Construction Company Key Business Updates • HOTECC backlog of contracts reached circa KD 246 mn at the end of H1 2019 Brief Engineering, construction and maintenance contracting company that caters to oil & gas, infrastructure and • Du
Slide 11: Key Operating Portfolio Companies: Triple E Holding
Key Operating Portfolio Companies Triple E Holding Key Business Updates • Triple E continued to have stable revenues from its agency businesses, mainly Engineering, construction and maintenance contracting driven by the oilfield drilling segment in Kuwait Brief company that caters to oil & gas, infr
Slide 12: Key Operating Portfolio Companies: Majd Food Company
Key Operating Portfolio Companies Majd Food Company Key Business Updates • During Q2 2019, a new Chief Executive Officer was appointed for Majd Food Company. Brief Food and beverage processing and packaging company Description • Majd Food company recently became a subsidiary and is in the process of
Slide 13: Key Operating Portfolio Companies: Al-Imtiaz International Real Estate
Key Operating Portfolio Companies Al-Imtiaz International Real Estate Company Key Business Updates • Officially completed the process of acquiring 29 floors of the Al-Dhow tower in Real estate investment and facility management company. January 2019 and completed the legal documentation in May 2019
Slide 14: Key Operating Portfolio Companies: Human Soft Holding
Key Operating Portfolio Companies Human Soft Holding Key Business Updates • Reduced shareholding by 1.089 million shares during H1 2019 and realized cash proceeds of KD 3.7 mn Brief Holding company listed on Boursa Kuwait focused on Description education sector. • General Assembly held on 29 May 201
Slide 15: H1 2019 Asset Allocation
H1 2019 Asset Allocation Balanced Portfolio with Sectorial Diversification NAV as on Dec-18 NAV as on June-19 Real Estate Investments Real Estate Investments Real Estate Investment IT & Technology Services 12% IT & Technology Services IT & Technology Services 9% 5% 18% 9% Real Estate Properties 3% 1
Slide 16: H1 2019 Revenue Key Drivers
H1 2019 Revenue Key Drivers Increase in Total Revenue with Continued Growth in Operating Portfolio Revenue1 Performance Discussion H1 2019 Total Revenue KD 44.3 mn • Total revenue increased 71.5% from KD 25.8 mn in H1 2018 to KD 44.3 mn in H1 2019 • Portfolio KD 23.3 mn resulted from the remeasureme
Slide 17: Operating Expenses
Operating Expenses Increase in operating expense is primarily attributable to consolidation of new investments Operating Expenses H1 2018 KD 9.3 mn Operating Expenses H1 2019 KD 16.0 mn 23% 20% 32% 10% 14% 2% 100% 16% 13% 17% 9% 13% 1% 24% 8% 100% 16.0 1.3 3.8 9.3 0.10 0.2 2.0 1.3 23% 0.9 1.4 3.0 2.
Slide 18: EBITDA and Margins
EBITDA and Margins H1 2019 Operating EBITDA H1 2019 Operating EBITDA Margins Real Estate Properties 84.3% 18.2% 3.2% 78.6% 0.04% 100% Real Estate Investments 44.6% Energy and Construction 43.0% 23.5 0.01 29.8 F&B Processing and Packaging 24.7% Pharmaceuticals 20.2% 1.0 5.4 IT & Technology Services 1
Slide 19: H1 2019 Income Key Drivers
H1 2019 Income Key Drivers H1 2019 EBITDA H1 2019 Net Profit 1.0 4% 18% Operating EBITDA KD KD Other Revenue 3% 29.8 mn 24.4 mn 23.4 Gain from HumanSoft 79% Reclassification and Revaluation 96% Net Profit Non-controlling Interests Other Revenue Gain from HumanSoft Reclassification and Revaluation Ne
Slide 20: Profit and Loss
Profit and Loss Segment Reporting Revenue from Operating Assets Six Months Ended Six Months Ended (KD mn) June-18 June-19 (KD mn) June-18 June-19 IT & Technology Services - 4.7 Net Operating Revenue from Subsidiaries 8.1 14.4 Real Estate Investments 6.0 3.7 Energy and Construction 3.2 3.5 Group’s Sh
Slide 21: Balance Sheet
Balance Sheet Balance Sheet Capital Structure (KD mn) Sep-18 Dec–18 Mar-19 Jun-19 (KD mn) Sep-18 Dec-18 Mar-19 Jun-19 Cash and Cash Equivalents and Term 28.0 47.2 35.5 36.9 Deposits Short Term Debt 7.8 27.3 28.0 28.6 Financial Assets at Fair Value through 22.5 24.9 29.6 50.5 Profit or Loss Accounts
Slide 22: Al Imtiaz Investment Group contact details
AL IMTIAZ INVESTMENT GROUP K.S.C. (PUBLIC) Al Dhow Tower, Khaled Bin Al Waleed St., Sharq P.O.Box: 29050, Safat, 13151, Kuwait Website: www.alimtiaz.com Investor Relations AL IMTIAZ INVESTMENT GROUP K.S.C. (PUBLIC) IR@alimtiaz.com +965 182 2282 www.alimtiaz.com
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