Qatar Fuel-woqod Qsc · QSE:QFLS
Qatar Fuel-woqod Qsc — Qatar Fuel Co. Q.P.S.C (WOQOD) — Q1 2024 Earnings Presentation
15 slides from Qatar Fuel-woqod Qsc's earnings presentation, Apr 30, 2024
Slide 1: Overview of Operation and Financial Results for the 1Q 2024
Qatar Fuel Co. Q.P.S.C “WOQOD” Overview of Operation and Financial Results for the 1Q 2024 Investor Relations (IR) 30 April 2024
Slide 2: Disclaimer
Disclaimer This release/Announcement/Report contains forward-looking and future-based prospective statements and/or information concerning the financial condition, results of operations, activities and businesses of Qatar Fuel (WOQOD) Q.P.S.C. , hereinafter WOQOD. All statements/information other th
Slide 3: Contents
Contents • Company Overview 1 • Operations Overview 2 • Financial Results Overview 3 • Q&A 4 Vision “To be the leading petroleum products distribution and related services marketing company in the region” 3
Slide 4: Overview of WOQOD Group
Overview of WOQOD Group WOQOD Station Network • WOQOD started operations in 2002 with exclusive rights for storage and distribution of petroleum products in the State of Qatar • Operations started with 2 Petrol Stations in 2003 and grown to 126 stations at the end of 1Q 2024 • WOQOD also owns and op
Slide 5: Key Operations of WOQOD Group
Key Operations of WOQOD Group Main Subsidiaries • Diesel & Gasoline Fuel Distribution and Sales • Jet Fuel Sales • LPG & Natural Gas Distribution and Sales • Bitumen Operations • Sidra Stores Bunkering Jet Fuel Vehicle Operations Office • Auto-care Distribution Inspection & Vessel Leasing Services O
Slide 6: Contents
Contents • Company Overview 1 • Operations Overview 2 • Financial Results Overview 3 • Q&A 4 6
Slide 7: Diesel & Gasoline Fuel Volume Trend Analysis
Diesel & Gasoline Fuel Volume Trend Analysis 1Q 2024 vs. 1Q 2023 variance analysis YTD Mar YTD Mar Combined Diesel and Gasoline Fuel sales volume for 1Q Fuel Sales Unit Variance (%) 2024 2023 2024 higher by 6% as compared 1Q 2023 Diesel MM Liters 475 462 3% • Diesel sales increased by 3% driven by m
Slide 8: Jet Fuel Volume Trend Analysis
Jet Fuel Volume Trend Analysis YTD Mar YTD Mar Variance Jet Fuel Stats Unit 2024 2023 (%) Jet Fuel MM Liters 1,478 1,238 19% 1Q 2024 vs. 1Q 2023 variance analysis • Jet Fuel sales increased by 19% for 1Q 2024 as compared to the same period last year driven by market demand • On QoQ basis, Jet Fuel s
Slide 9: Retail Fuel Sales Volume Trend Analysis
Retail Fuel Sales Volume Trend Analysis 1Q 2024 vs. 1Q 2023 variance analysis • Retail total fuel sales at WOQOD Petrol Stations were higher by 5% for 1Q 2024 as compared to YTD Mar YTD Mar Retail Fuel Sales Unit Variance (%) the same period last year driven by market 2024 2023 demand Diesel MM Lite
Slide 10: Contents
Contents • Company Overview 1 • Operations Overview 2 • Financial Results Overview 3 • Q&A 4 10
Slide 11: Revenue - Trend Analysis
Revenue - Trend Analysis Revenue 7,390 7,443 6,622 6,832 6,478 QAR MM 1Q 2Q 3Q 4Q 1Q 2023 2024 1Q 2024 vs. 1Q 2023 variance analysis • Total revenue for the 1Q 2024 increased by 3% as compared to the same period last year mainly due to increase in overall fuel sales volumes by 13% partly offset by d
Slide 12: Net Income - Trend Analysis
Net Income - Trend Analysis Net Income Trend Analysis 272 272 243 223 217 QAR MM 1Q 2Q 3Q 4Q 1Q 2023 2024 1Q 2024 vs. 1Q 2023 variance analysis • Net income for 1Q 2024 is QAR 243 MM, higher by 9% as compared to the same period last year mainly due to increase in overall fuel sales volume by 13% and
Slide 13: Net Income Variance Analysis
Net Income Variance Analysis (Attributable to WOQOD Shareholders) Net Income attributable to WOQOD shareholders for Q1 2024 is QAR 243MM, higher by QAR 20MM (9%) as compared to the same period last year; key variances are as follows: • Fuel segment margins increase driven by increase in fuel sales v
Slide 14: Contents
Contents • Company Overview 1 • Operations Overview 2 • Financial Results Overview 3 • Q&A 4 14
Slide 15: Thank You!
woogoD Thank You ! 15
Qatar Fuel Co. Q.P.S.C (WOQOD) — Q1 2024 Earnings Presentation on 6ix