Investor Presentaiton
CLASSIFICATION: CO NON-CONFIDENTIAL
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1Q-22 results: Steel
Analysis of segment
revenue & net profit
Revenue: QR 1.30 billion, up by 6% on 1Q-21 amid increase in selling prices (+18%), offset by
decline in sales volumes (-10%). Decline in sales volumes was mainly linked lower billet sales made
during 1Q-22;
■ Revenue increased by 34% during 1Q-22 compared to 4Q-21 due to higher sales volumes (+39%)
amid additional DR sales. This was partially offset by lowered selling prices (-4%).
Net Profit: Net profit of QR 261 million for 1Q-22 with 1% growth compared 1Q-21, primarily due to
growth in revenues, offset by higher operating cost.
■ Profitability improved by 199% during 1Q-22 compared to 4Q-21, due to higher revenues and higher
contributions from Foulath Holdings in form of share of results which grew by 130% versus 4Q-21.
Revenue (QR' billion)
+34%
+6%
Net profit (QR' million)
259
237
1.30
1.23
1.00
0.97
0.70
+1%
133
48
87
+199%
261
1Q-21
2Q-21
3Q-21
4Q-21
1Q-22
1Q-21
2Q-21
3Q-21
4Q-21
1Q-22
37
Industries Qatar, IR Presentation, 1Q-22View entire presentation