Boubyan Petrochemical Co. (k.s.c.) · KSE:BPCC
Boubyan Petrochemical Co. (k.s.c.) — Boubyan Petrochemical Company — FY2021/22 Earnings Presentation
10 slides from Boubyan Petrochemical Co. (k.s.c.)'s earnings presentation, Apr 30, 2022
Slide 1: Boubyan Petrochemical Company Investor Update – April 30th, 2022 results
Boubyan Petrochemical Company Investor Update – April 30 th , 2022 results
Slide 2: Boubyan Petrochemical Company – 4Q21/22 results
Boubyan Petrochemical Company – 4Q21/22 results Business • Boubyan’s core investment income witnessed 20% growth during 4Q21/22, as well as Highlights a strong increase in dividend income from the Equate Group. • Boubyan reported net income of KWD30.6mn in 4Q21/22 compared to KWD11.1mn in 4Q20/21 (E
Slide 3: Core Investments Updates (1/2)
Core Investments Updates (1/2) • In 2Q21/22, EDU (excluding Eyas) reported a net income of KWD1.22mn, compared to KWD1.02mn during the same quarter last year. • The increase in net income during the quarter was a result of an increase in tuition fees, as schools returned to on-campus learning. • EYA
Slide 4: Core Investments Updates (2/2)
Core Investments Updates (2/2) • Al Borg reported net profit of SAR34.9mn for 1Q22, compared to SAR51.1mn in 1Q21. The Company launched an aggressive expansion plan during the quarter, which led to an increase in staff and advertisement costs. The positive financial impact of this expansion plan wil
Slide 5: Boubyan's Investment Portfolio Reached KWD463mn as of 4Q21/22
Boubyan’s Investment Portfolio Reached KWD463mn as of 4Q21/22 Amounts in KWD, millions EQUATE Group Ownership Carrying Value EQUATE 9.0% 181.6 The Kuwait Olefins Company (TKOC) 9.0% 119.1 EQUATE Group Total 300.7 17.3% Core Investments Ownership Carrying Value 17.8% Al Kout 54.1% 21.2 65.0% EDU * 83
Slide 6: Boubyan achieved a net income of KWD30.6mn in 4Q21/22 compared to KWD11.1mn
Boubyan achieved a net income of KWD30.6mn in 4Q21/22 compared to KWD11.1mn in 4Q20/21 KWD, thousands EPS Contribution (fils) Commentary Income 4Q21/22 4Q20/21 4Q21/22 4Q20/21 EQUATE Group 30,245.4 9,668.3 58.00 19.17 • Core investments income rose to Al Borg ML 1,239.4 844.3 2.38 1.67 KWD3.7mn in 4
Slide 7: Boubyan reported net income of KWD38.8mn in FY21/22 compared to KWD18.5mn
Boubyan reported net income of KWD38.8mn in FY21/22 compared to KWD18.5mn in FY20/21 KWD, thousands EPS Contribution (fils) Income FY21/22 FY20/21 FY21/22 FY20/21 Commentary EQUATE Group 30,245.4 9,668.3 58.17 19.17 • Core investments income EDU (excluding the results of Eyas) 3,389.2 2,349.9 6.52 4
Slide 8: Core Investment Income Reached KWD3.7m in 4Q21/22
Core Investment Income Reached KWD3.7m in 4Q21/22 Amounts in KWD, thousands (105.8) (344.3) (279.4) 395.1 139.2 1,715.8 (914.3) 3,702.0 3,095.8 FY20/21 Core Al Borg ML Muna Noor Group EDU Eyas Al-Kout Nafais Awazel FY21/22 Core Investment Investment Income Income 8
Slide 9: Core Investment Income Reached KWD13.4m in FY21/22
Core Investment Income Reached KWD13.4m in FY21/22 Amounts in KWD, thousands 245.7 (328.6) 1,039.3 2,621.0 259.6 (502.5) (1,800.4) 13,425.7 11,891.6 FY20/21 Core Al Borg ML Muna Noor Group EDU Eyas Al-Kout Nafais Awazel FY21/22 Core Investment Investment Income Income 9
Slide 10: Q&A Thank you
Q &A Th a n k yo u
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