The information contained herein has been prepared by Ezdan Holding Group Q.P.S.C ("Ezdan"). Ezdan relies on information obtained from sources believed to be reliable but does not guarantee its accuracy or completeness.
This presentation has been prepared for information purposes only and is not and does not form part of any offer for sale or solicitation of any offer to subscribe for or purchase or sell any securities nor shall it or any part of it form the basis of or be relied on in connection with any contract or commitment whatsoever.
Some of the information in this presentation and related conference call may contain projections or other forward-looking statements regarding future events or the future financial performance of Ezdan. These forward-looking statements include all matters that are not historical facts. The inclusion of such forward-looking information shall not be regarded as a representation by Ezdan or any other person that the objectives or plans of Ezdan will be achieved. any forward-looking statement speaks only as of the date on which it is made. New risks and uncertainties arise from time-to-time, and it is impossible to predict these events or how they may affect Ezdan. Ezdan undertakes no obligation to publicly update or publicly revise any forward-looking statement, whether as a result of new information, future events or otherwise. Figures are being rounded, and that rounding differences may appear throughout the presentation.
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3
HIGHLIGHTS Q3 -2022
1176 Mn
1,644 Mn
47,251 Mn
11,220 Mn
33,475
321 Mn
QR 0.012
Mn
REVENUE BREAKDOWN
EBIT SEGMENT CONTRIBUTION
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4
01
Financial Performance Overview
CONSOLIDATED STATEMENT OF PROFIT OR LOSS
30/09/2022
30/09/2021
Variance
Variance
30 September 2022
QR"000
QR"000
QR"000
%
Rental income
1,176,333
920,798
255,535
+27.8%
Other operating revenues
76,832
64,040
12,792
+20.0%
Operating expenses
(254,191)
(211,465)
(42,726)
+20.2%
Operating profit for the period
998,974
773,373
225,601
+29.2%
Dividends income from equity investments
86,830
70,215
16,615
+23.7%
Net gain on sale of equity-accounted investees
576,479
-
576,479
0.0%
Share from the results of equity accounted investees
(18,411)
45,353
(63,764)
-140.6%
NET OPERATING PROFIT
1,643,872
888,941
754,931
+84.9%
(Loss) on revaluation of investment properties
(640,809)
-
(640,809)
-100.0%
Other income
6,341
10,244
(3,903)
-38.1%
General and administrative expenses
(65,182)
(57,115)
(8,067)
+14.1%
Depreciation
(18,262)
(22,834)
4,572
-20.0%
Finance costs
(562,013)
(543,210)
(18,803)
+3.5%
Impairment of doubtful receivables
(3,802)
1,238
(5,040)
-407.1%
(Loss) / gain from foreign currency exchange
(40,495)
(43,822)
3,327
-7.6%
Net Profit
319,650
233,442
86,208
+36.9%
Shareholders of the Group
321,024
233,416
87,608
+37.5%
Non Controlling Interest
(1,374)
26
(1,400)
-5384.6%
Earnings attributable to shareholders per share
0.012
0.009
0.0033
+37.5%
Main Income Statement Ratios
30/09/2022
30/09/2021
Operating expenses %
20%
21%
( to rental revenue+other operating revenue)
Main operation gross profit margin
80%
79%
Gross margin %
87%
80%
Net profit %
17%
22%
EPS
0.012
0.009
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5
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Ezdan Holding Group QSC published this content on 31 October 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 October 2022 11:11:08 UTC.
Ezdan Holding Group QPSC is a Qatar-based company, which is primarily engaged in real estate sector. The Company operates, along with its subsidiaries, in four business segments: Residential and Commercial Property segment, which includes development, trade and rental of real estates; Hotel and Suites segment, which includes management of hotels, suites, and restaurants. Investment segment, which includes Investment activities including shares and bonds. Malls segment, which includes management of malls. The company's subsidiaries include Ezdan Hotels Company W.L.L., Ezdan Mall Company W.L.L., Ezdan Real Estate Company W.L.L., Ezdan Palace Hotel Company W.L.L., Al Ekleem for Real Estate and Mediation Co. W.L.L., Ezdan International Limited, Haloul Ezdan for Trading and Construction Company W.L.L., Ezdan World W.L.L., and Emtedad Real Estate for Projects W.L.L.