QAMCO IR Presentation H1-23

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#1US 7990 86862 NAY QAMCO شركة قطر لصناعة الألمنيوم Qatar Aluminium Manufacturing Company Qatar Aluminium Manufacturing Company Investor Relations Presentation 30 June 2023#2CLASSIFICATION: C1 - CONTROLLED Disclaimer The company in which Qatar Aluminium Manufacturing Company Q.P.S.C. directly owns investment is a separate entity. In this presentation, "QAMCO" and "the Company" are sometimes used for convenience in reference to Qatar Aluminium Manufacturing Company Q.P.S.C. This presentation may contains forward-looking statements concerning the financial condition, results of operations and businesses of Qatar Aluminium Manufacturing Company Q.P.S.C. All statements other than statements of historical fact are deemed to be forward-looking statements, being statements of future expectations that are based on current expectations and assumptions, and involve known and unknown risks and uncertainties that could cause actual results, operations and business performance or events impacting the Company to differ materially from those expressed or as may be inferred from these statements. There are a number of factors that could affect the realisation of these forward-looking statements such as: (a) price fluctuations in commodity markets, (b) changes in demand or market conditions for the products, (c) loss of market share and industry competition, (d) environmental risks and natural disasters, (e) changes in legislative, fiscal and regulatory conditions, (f) changes in economic and financial market conditions and (g) political risks. As such, results could differ substantially from those stated, or as may be inferred from the forward- looking statements contained herein. All forward-looking statements contained in this presentation are made as of the date of this document. Qatar Aluminium Manufacturing Company Q.P.S.C., its Directors, officers, advisors, contractors and agents shall not be liable in any way for any costs, losses or other detrimental effects resulting or arising from the use of or reliance by any party on any forward-looking statement and/or other material contained herein. Qatar Aluminium Manufacturing Company Q.P.S.C. and its joint venture are further in no way obliged to update or publish revisions to any forward-looking statement or any other material contained herein which may or may not be known to have changed or to be inaccurate as a result of new information, future events or any reason whatsoever. Qatar Aluminium Manufacturing Company Q.P.S.C. does not guarantee the accuracy of the historical statements contained herein. GENERAL NOTES Qatar Aluminium Manufacturing Company's accounting year follows the calendar year. No adjustment has been made for leap years. Where applicable, all values refer to Qatar Aluminium Manufacturing Company's share. Values expressed in US $'s have been translated at the rate of US $1 = QR3.64. DEFINITIONS . Adjusted Free Cash Flow: Cash Flow From Operations - Total CAPEX - Dividends ⚫ CAGR: 5-Year Compound Annual Growth Rate Cash Realisation Ratio: Cash Flow From Operations / Net Profit x 100 ⚫ Debt to Equity: (Current Debt + Long-Term Debt) / Equity x 100 ⚫ Dividend Yield: Total Cash Dividend / Closing Market Capitalisation x 100 • DRI: Direct Reduced Iron EBITDA: Earnings Before Interest, Tax, Depreciation and Amortisation calculated as (Net Profit + Interest Expense + Depreciation + Amortisation) • EPS: Earnings per Share (Net Profit / Number of Ordinary Shares outstanding at the year-end) Free Cash Flow: Cash Flow From Operations - Total CAPEX • LME: London Metal Exchange ⚫ MT PA: Metric Tons Per Annum Payout Ratio: Total Cash Dividend / Net Profit x 100 P/E: Price to Earnings (Closing market Capitalisation / Net Profit) • Utilization: Production Volume / Rated Capacity x 100 • 2 QAMCO, IR Presentation, H1-23#3CLASSIFICATION: C1 - CONTROLLED Table of Content 1. QAMCO at a Glance 2. Ownership structure 3. Operations of joint venture 4. Competitive strengths 5. Peer review 6. Macroeconomic updates 7. QAMCO results (For the six-month period ended 30 June 2023) 8. CAPEX (2023F - 2027F) 9. Market statistics and dividends 10. Historical performance (2019-2022) 11. Governance structure 3 QAMCO, IR Presentation, H1-23#4ASTR QAMCO at a Glance YEEB#5CLASSIFICATION: C1 - CONTROLLED QAMCO at a Glance • Qatar Aluminium Manufacturing Company Q.P.S.C (QAMCO) was incorporated on December 3, 2018 and listed on Qatar Stock Exchange on December 16, 2018. . • The Company holds 50% share of Qatar Aluminium Limited Q.S.C (Qatalum). QAMCO's shareholding structure 29.5% 6.6% 10.9% 2.0% ■QatarEnergy Overview ■Other Qatari Institutions and Funds ■Foreign Institutions and Funds ■Retail investors - Qatar 51.0% ■Retail investors - Foreign FOL: 100%* Max. single shareholder limit: 2% • QatarEnergy provides all of the head office functions for QAMCO through a comprehensive service-level agreement. The operations of Qatalum remain independently managed by its Board of Directors and senior management team. Core values Operational excellence HSE Shareholder value creation Cost maximization Profit Note: Shareholder data as of 30-June-23 * Board of Directors approved to increase the FOL to 100%. Council of Ministers approval received; all necessary measures will be taken in this regard with the relevant concerned authorities. 5 optimization QAMCO, IR Presentation, H1-23#6CO ASTR Ownership structure YEEB#7CLASSIFICATION: C1 - CONTROLLED Ownership Structure 7 قطر للطاقة QatarEnergy QatarEnergy (51%) QAMCO Qatalum Joint Venture (50%) Public (49%) QAMCO holds 50% share of Qatar Aluminium Limited ("Qatalum" or "QAMCO JV" or "JV") as a joint venture shareholder, which produces high-quality aluminium of more than 650,000 tons per year ("tpy") for customers in Asia, Europe and North America. QAMCO JV facilities include a carbon plant, a reduction plant, a cast house, port and storage facilities as well as a captive gas-fired power plant. QAMCO, IR Presentation, H1-23#88 ASTR Operations of Joint Venture YEEB#9CLASSIFICATION: C1 - CONTROLLED • QAMCO's Joint Venture Qatar Aluminium (Qatalum) is located in Qatar, the company benefits from access to one of the world's largest and most competitively priced sources of energy which allows it to maintain one of the industry's most competitive profit margins and strong cash flow generation. • Qatar Aluminium (Qatalum) has a design nameplate capacity of 575,000 tpy, but now produces more than 650,000 tpy of high-quality primary aluminium products, including standard ingots and Casthouse value-added products comprising extrusion ingots or billets (capacity of 375,000 tpy) and primary foundry alloys (capacity of 275,000 tpy). Qatar Aluminium (Qatalum) has a captive Power Plant (with a capacity of approximately 1350 MW). [ANJIN 9 w.cla Bra QAMCO, IR Presentation, H1-23#10CLASSIFICATION: C1 - CONTROLLED QAMCO's Joint Venture Sales and Marketing: . • With a Marketing and Offtake Agreement, Hydro Aluminium is responsible for the offtake and marketing of 100% of Qatar Aluminium products. The Marketing and Offtake Agreement gives Qatar Aluminium (Qatalum) access to Hydro Aluminium's worldwide sales network on no less favourable treatment than other Hydro Aluminium smelters 86862 139898 A356.2 Sr 139898 A356 2 Sr Qatar Aluminium (Qatalum) acts as Hydro Aluminium's representative for marketing aluminium products in Qatar. 10 139898 A356 2 Sr 1334 QAMCO, IR Presentation, H1-23#1111 ASTR Competitive strengths YEEB#12CLASSIFICATION: C1 - CONTROLLED Competitive strengths 12 Low cost ▸ State of the art production facility and technology deployed Assured feedstock supply and competitively priced energy smelter ▸ High focus on Health and Safety and Environment Proven financial position Positive share of operating profit & competitive EBITDA margins from JV Healthy share of operating cash flow generation from JV Strong ▸ 51% shares in QAMCO are held by QatarEnergy partn- ership ▸ Experienced senior management team ▸ Reputable industry leader as joint venture partner (Norsk Hydro) Effective QAMCO's JV is one of the leading cost efficient global producer of primary aluminium with a strategic location in close proximity to key markets market- ing ▸ Well diversified customer base through marketing & distribution agreement with Hydro QAMCO, IR Presentation, H1-23#1313 YEEB ASTR Peer review#14CLASSIFICATION: C1 - CONTROLLED QAMCO's competitive positioning versus global peers Gross profit margin (%) EBITDA margin (%) Peer 1 38.0% Peer 2 21.6% Peer 3 21.2% Peer 4 19.4% QAMCO 15.3% QAMCO ranks #5 Peer 1 35.7% QAMCO 30.3% QAMCO ranks #2 Peer 2 23.2% Peer 3 19.3% Peer 4 15.4% Net profit margin (%) Peer 1 34.5% Peer 2 29.4% Peer 3 16.0% Peer 4 12.8% QAMCO 12.6% QAMCO ranks #5 Note: Data as of Q1-23 14 Note: Peers data include all major listed companies involved in production of Aluminium and related value chain. QAMCO, IR Presentation, H1-23#1515 ASTR Macroeconomic updates YEEB#16CLASSIFICATION: C1 - CONTROLLED Macroeconomic updates Aluminium prices ($/MT) 4500 -Aluminium LME spot prices ($/MT) 750 4000 650 3500 3000 550 2500 450 2000 350 1500 1000 250 Jan-20 02/ Dec-20 Dec-21 Dec-22 June-23 Jan-20 . 16 Alumina prices ($/MT) Alumina spot prices ($/MT) Dec-20 Dec-21 Dec-22 June-23 Macroeconomic context for the aluminium markets remained wavered. Several factors affected the commodity markets, which cascaded down to the supply-demand dynamics of aluminium and led to volatilities in prices, including: ▸ demand for aluminium was overshadowed by China's slow paced post-COVID recovery phase, coupled with lackluster demand in the global construction sector.; High interest environment continue to weigh on industrial demand for most of the commodities, including aluminium; ▸ Global operating rates for smelters improved following a recent fall in natural gas prices; ▸ geo-political tensions continue bring an additional layer of uncertainty to the commodity markets. On an overall basis, aluminium prices for 1H-23 demonstrated declining trends versus 1H-22, amid macroeconomic headwinds. However, aluminium prices inched upwards versus 1Q-23. Note: Market prices have been sourced from an international third-party trusted data provider and may not reflect prices achieved by QAMCO JV QAMCO, IR Presentation, H1-23#1717 QAMCO results (For the six-month period ended 30 June 2023) ALTR YEEB#18CLASSIFICATION: C1 - CONTROLLED 1H-23 results - At a Glance Revenue QR 1.6 billion EBITDA -25% -44% QR 498 million vs. 1H-22 Net profit QR 240 million -61% ROAE: 9.8% Cost per ton EBITDA EPS -14% Margin vs. 42% QR 0.043 vs. QR 0.110 QR 9,143* 31% 18 1H-23 aluminum realized prices declined versus 1H-22 amid macroeconomic headwinds, however, realized prices for the JV inched upwards during 2Q-23 versus 1Q-23 QAMCO's closing cash balance (including share of cash in QAMCO's JV) stood at QAR 1.8 billion Return on Av. Equity (ROAE): TTM net earnings / Av. Equity * At QAMCO JV level (including tax) QAMCO, IR Presentation, H1-23#19CLASSIFICATION: C1 - CONTROLLED Operational Performance review Production (MT' 000) – 100% +2% 330 0% 336 168 1H-22 1H-23 1Q-23 Sales volumes (MT' 000) – 100% -1% 322 317 149 1H-22 1H-23 1Q-23 Selling prices ($/MT) +13% 168 2Q-23 • 1H-23 vs 1H-22: Production volumes slightly inched higher compared to 1H-22, due to increase in liquid metal production amid higher amperage. 2Q-23 VS 1Q-23: Production volumes remained flat compared to 1Q-23. 168 2Q-23 1H-23 vs 1H-22: Sales volumes slightly declined as compared to 1H-22 due to relatively lower sales of Extrusion Ingots which is partially compensated by higher sales of Foundry Alloys and Standard Ingots. 2Q-23 vs 1Q-23: Sales volumes increased by 13% versus 1Q-23, due to sales of carry over inventories from previous quarter. -24% +3% 3,591 2,704 2,772 2,743 1H-22 1H-23 1Q-23 2Q-23 19 • • 1H-23 vs 1H-22: selling prices declined on account of continued macroeconomic uncertainty weighing on global aluminium prices. 2Q-23 vs 1Q-23: realized selling prices slightly inched upwards. QAMCO, IR Presentation, H1-23#20CLASSIFICATION: C1 - CONTROLLED Financial performance review Share of Revenue (QR million) -25% 2,106 1,585 736 QAMCO's Net Profit (QR million) -61% +15% 611 849 +59% 147 93 240 • • 1H-22 1H-23 1Q-23 2Q-23 1H-23 vs 1H-22: Share of JV's revenue declined, mainly due to lower selling price trajectories alongside lower sales volumes. 1Q-23 vs 2Q-23: Share of JV's revenue increased, mainly due to higher sales volume and slightly better avg. realized selling price. Share of JV's Debt (QR million) • 1H-22 1H-23 1Q-23 2Q-23 1H-23 vs 1H-22: Profitability declined mainly due to lowered revenue, partially offset by lower OPEX, mainly pertaining to lower raw material cost. 2Q-23 vs 1Q-23: Profitability improved on account of higher sales volumes and avg. realized selling price which led the overall incline in revenue. This was partially offset by higher OPEX. Closing Cash (QR million) 2,295 (IAS 31) -4% 2,207 2,064 -14% 1,781 (IAS 31) 31-Dec-22 30-June-23 Share of debt as of 30 June 2023 declined by 4% versus 31 December 2022, mainly due to net repayments on the QAMCO JV's loan facility. 20 31-Dec-22 30-June-23 Closing cash including share of cash in QAMCO JV as of 30 June 2023 declined by 14% versus 31 December 2022, mainly due to dividend payout and net repayments on the QAMCO JV's loan facility. QAMCO, IR Presentation, H1-23#21CLASSIFICATION: C1 - CONTROLLED Net Profit Variance Analysis -61% 611 -496 38 106 -25 -17 1H-22 Price Variance Volume Variance COGS S,G&A Finance costs 1H-23 vs. 1H-22 (Amounts in QR' million) 224 24 240 Others 1H-23 QAMCO reported a net profit of QR 240 million, a decline in profitability by 61% compared to 1H-22. QAMCO's 1H-23 results were impacted by JV's performance mainly due to: 21 21 ► Unfavorable movements a) Lower average realized prices (-24%), along with lowered premiums; b) Lower sales volumes (-1%); c) Higher finance cost due to increased floating lending rates, linked to overall hike in global interest rates. ▸ Favorable movements a) Lower cost of goods sold, mainly on account lower raw material costs; b) Lower selling & distribution cost on account of lower marketing fee and logistics; c) Lower impairment of non-current assets; d) Higher Head office finance income. QAMCO, IR Presentation, H1-23#22CLASSIFICATION: C1 - CONTROLLED Net Profit Variance Analysis 96 96 93 17 +58% 2 -63 2Q-23 vs. 1Q-23 (Amounts in QR' million) 6 147 1Q-23 Price Variance Volume Variance COGS S,G&A Finance costs Others 2Q-23 QAMCO reported a net profit of QR 147 million in 2Q-23, an increase of 58% compared to 1Q-23. QAMCO's 2Q-23 results were impacted by JV's performance mainly due to: ► Unfavorable movements a) Higher COGS pertaining to increase in sales volumes; b) Higher finance costs due to higher benchmark rate. ▸ Favorable movements a) Slightly higher avg. realized selling price; b) Significantly higher sales volume due to shipment timing; c) Lower SG&A and higher head office income (included in “others”). 22 22 QAMCO, IR Presentation, H1-23#23CLASSIFICATION: C1 - CONTROLLED Analysis of Selling Prices Selling prices ($/MT) – 1H-23 vs 1H-22 3,591 567 -24% -2,743 361 -36% 3,024 2,382 。 YoY: Average selling prices declined versus 1H-22 due to persistent headwinds affecting macroeconomic LME prices. negative 。 LME premiums declined mainly due to a macroeconomic context weighing on the global aluminium markets. 23 23 1H-22 1H-23 OLME OLME Premium Selling prices ($/MT) - Q2-23 vs Q1-23 2,704 326 +3% 2,772 386 +18% 2,378 2,386 1Q-23 2Q-23 OLME OLME Premium LME Aluminium price source: Bloomberg, CRU QoQ: Average selling prices inched upwards versus 1Q-23 as LME stabilizes. 。 LME premiums improved mainly due to product mix. QAMCO, IR Presentation, H1-23#24CLASSIFICATION: C1 - CONTROLLED Primary Aluminium Price (USD/ton) Analysis of EBITDA margins Despite macroeconomic volatilities, QAMCO's JV EBITDA margins continue to remain robust & resilient Recent decline in EBITDA margins is mainly due to declining selling prices, while raw material price remained stronger despite recent shortfalls 4,300 3,800 3,300 2,800 2,300 29.7% 1,800 1,300 28.3% 26.1% 41.4% 41.0% 36.8% 46.5% 46.0% 45.1% 38.0% 35.6% my 25.7% 48% 43% 38% 33% 31.4% 30.4% 28% 1Q-20 2Q-20 3Q-20 4Q-20 1Q-21 2Q-21 3Q-21 4Q-21 1Q-22 2Q-22 3Q-22 4Q-22 1Q-23 2Q-23 24 24 Primary Aluminium price source: LME Primary Aluminium Price (USD/ton) QAMCO's JV EBITDA Margins (%) QAMCO, IR Presentation, H1-23 23% QAMCO's JV EBITDA Margins (%)#25CLASSIFICATION: C1 - CONTROLLED Geographic analysis - QAMCO JV revenue Asia remained QAMCO JV's largest market, while its presence in Europe and US continued to be substantial North America 21% Europe 20% Qatar 3% Asia 56% 25 Revenue for YTD June-2023 QAMCO, IR Presentation, H1-23#26CLASSIFICATION: C1 - CONTROLLED QAMCO JV revenue - product mix (%) Foundry alloys along with extrusion ingots (together referred to as value added or premium products) remains key products for QAMCO's JV. 1H-23 QAMCO JV Sales Volumes - Product mix (%) 1H-22 QAMCO JV Sales Volumes - Product mix (%) 2% 26 26 5% 46% 44% 54% 49% ■Extrusion Ingots Foundry Alloys Standard Ingots & precision tubes QAMCO, IR Presentation, H1-23#2727 27 ASTR Market Statistics and dividend distribution YEEB#2828 28 16.00 14.00 CLASSIFICATION: C1 - CONTROLLED Market Statistics and Dividends Market Cap (QR Billion) 12.00 10.00 8.00 6.00 4.00 2.00 Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Dividend - 2019 Dividend distribution since incorporation Dividend - 2020 Dividend - 2021 Dividend - 2022 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 QR 167.4 m QR 0.03 per share QR 195.3 m QR 0.035 per share QR 446.4 m QR 0.08 per share QR 502.2 m QR 0.09 per share QR 1,311.3 m QR 0.235 per share The total dividends paid from the date of incorporation amounted to QR 1.3 billion representing a payout of 23.5% of the nominal value of the shares. QAMCO, IR Presentation, H1-23 Jul-22 Aug-22- Sep-22- Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Total Apr-23 May-23 Jun-23 QAR 7.09 bn#2929 29 ASTR CAPEX (2023-2027) YEEB#30CLASSIFICATION: C1 - CONTROLLED CAPEX (2023-2027) - (QAMCO's Share) CAPEX: 。 Planned CAPEX (2023-27) include routine operations such as pot relining and other maintenance pertaining to power plant and anode plant. CAPEX overview 2023 2024 2025 2026 2027 (QAR' m) Pot relining 72 19 31 79 133 CAPEX <$5m - operational CAPEX 25 17 CAPEX-<$5M other projects 41 96 85 75 62 Capex >$5m 107 30 Turbines/Fluewall / HRSG LP Tube harps / GT 11 & 12 Rotor refurbishments / networks & others Total Capex Cash Outflow (QAMCO's share) 47 49 51 48 31 292 211 167 202 226 30 50 Note: The CAPEX figures for the years 2023-27 are based on the 2023 approved budget and business plan, based on the expectations of the market conditions and aluminium prices prevailing at the time preparing the business plan. With the current market conditions and aluminium price trends, the forecasts for 2023-2027 as disclosed in the above table cannot be relied on with absolute certainty, where, the actual realization of these cash flows might significantly differ as compared to these projections, subject to the macroeconomic conditions, including, among other factors, business environment, market dynamics, product prices etc. prevailing in that specific year. QAMCO, IR Presentation, H1-23#3131 ASTR Historical performance (2019-2022) YEEB#3232 32 CLASSIFICATION: C1 - CONTROLLED Key Performance Indicators • Production (MT'000) – 100% Sales Volumes (MT'000) – 100% Selling Prices ($ / MT) +2% +3% +56% 653 655 662 666 648 651 649 669 3,279 2,638 2,098 1,854 2019 2020 2021 2022 2019 2020 2021 2022 2019 2020 2021 2022 • 2022 Production remained highest since QAMCO's incorporation. . 2022 Selling prices remained highest amid constructive macroeconomic context. Share of Revenue (QR million) QAMCO's Net Profit (QR million) Share of JV's Debt (QR million) +61% 3,985 3,118 2,476 2,197 2019 2020 2021 2022 +858% -5% 919 835 2,415 2,221 2,299 2,295 96 95 2019 2020 2021 2022 2019 2020 2021 2022 (IAS 31) Revenue growth continue to remain linked to selling price trends. 2022 Net profits were the highest reported earnings for QAMCO since incorporation, mainly linked to the benefits captured from elevated selling prices. Note: For purpose of comparability, 2019 financial data reported here relates to the period from 01 January 2019 till 31 December 2019. Whereas, in actual, the published financial statements for the year ended 31 December 2019 included financial data for the period from the date of QAMCO's incorporation (i.e., 3 December 2018) till 31 December 2019. QAMCO, IR Presentation, H1-23#3333 Governance Structure ASTR#34CLASSIFICATION: C1 - CONTROLLED Governance Structure Board structure QAMCO Board of Directors consists of six (6) Directors, all were appointed by the Special Shareholder "QatarEnergy". QatarEnergy appoints qualified and eligible Board Directors who are sufficiently experienced to perform their duties in the best interest of the Company and dedicated to achieving its goals and objectives. Governance and compliance • QAMCO is firmly committed to implementing the principles of good governance set out in the Governance Code for Companies Listed on the Main Market issued by Qatar Financial Markets Authority (QFMA), that are consistent with the provisions of the Company's AoA. The Board of Directors ensures that an organizational framework, that is consistent with the legal and institutional framework of the listed companies, is in place at the Company level. This is achieved through a process of reviewing and updating governance implementation whenever required. Board committees The Board of Directors established Board Committees and Special Committees to carry out specific tasks. The Board remains liable for all the powers and authorities so delegated. Currently, Board Committees are Audit Committee and Remuneration Committee. Authorities No one person in the Company has unfettered powers of decision. Decision-making process is always done in accordance with the Company's Manual of Authorities and the relevant regulations. 34 4 QAMCO, IR Presentation, H1-23#35CLASSIFICATION: C1 - CONTROLLED Governance Structure 35 Remuneration Board of Directors The Company has developed a periodically revisited remuneration policy for Board members. The policy has fixed component for Board membership and attending meetings and performance-related variable component. The proposed remuneration of Board members shall be presented to the General Assembly for approval. Executive Management All financial, administrative and head office services are provided by resources from QatarEnergy under a service-level agreement Disclosure and transparency The Board ensures that all disclosures are made in accordance with the requirements set by regulatory authorities, and that accurate, complete and non-misleading information is provided to all shareholders in an equitable manner. Shareholders' rights The Company's Articles of Associations provide for the rights of shareholders, particularly the rights to receive dividends, attend the General Assembly and participate in its deliberations and vote on decisions, tag along rights as well as the right to access information and request it with no harm to the Company's interests. Company's control system The Company adopted an internal control system that consists of policies and operating procedures for risk management, internal and external audit, monitoring Company's compliance with the relevant regulations. Clear lines of self-control, responsibility and accountability throughout the Company are therefore set. The internal control framework is overseen by the Executive Management, the Audit Committee and the Board of Directors. QAMCO, IR Presentation, H1-23#36THANK YOU QAMCO شركة قطر لصناعة الألمنيوم Qatar Aluminium Manufacturing Company For further information, Qatar Aluminium Manufacturing Company can be contacted as follows: Telephone: (+974) 4013 2277 Fax: (+974) 4013 9750 E-mail: [email protected] or [email protected] 8686 Address: P. O. Box 3212, Doha, State of Qatar. Please refer to www.qamco.com.qa for the latest information, publications, press releases and presentations about Qatar Aluminium Manufacturing Company.

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