IR Presentation Q3-20
Key Performance Indicators
(For the 13 month period ended 31 December 2019 - QAMCO share in JV)
Production (MT'000) – 100%
+1%
697
704
-
Sales Volumes (MT'000) – 100%
-
+2%
684
695
Selling Prices ($ / MT)
2,403
-12%
2,112
2018
2019
2018
2019
2018
2019
Production and sales volumes were marginally higher in comparison to the last pro-forma period.
Selling prices remained under pressure throughout 2019, due to adverse macroeconomic conditions including trade
disputes between global economies causing global GDP to slowdown, which contributed negatively to the growth in
the industry.
Share of Revenue (QR million) QAMCO's Net Profit (QR million)
23
23
•
•
-11%
2,990
2,669
2018
2019
-77%
352
2018
80
2019
Net Debt (QR million)
-17%
2,307
1,919
2018
2019
(IAS 31)
Revenue growth remained negative due to the declining prices.
Decline in net profit was mainly due to the lower revenues, comparatively higher COGS, impairment losses and
increased financing costs.
Note: QAMCO's first financial year consisted of 13 months and ended on 31 December 2019. 2018 financial
data is based on pro-forma financial statements for the 13 month period ended 31 December 2018.
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