IR Presentation Q3-20
Key Performance Indicators
For the period ended 30 September 2020 - QAMCO share in JV
Share of Revenue (QR million)
-14%
-13%
1,877
556
1,607
9M-19
9M-20
Q2-20
485
Q3-20
QAMCO's Net Profit (QR million)
-84%
76
12
9M-20
9M-19
-160%
3.9
-2.4-
•
Q2-20
Q3-20
Net Debt (QR million)
-8%
2,415
2,220
•
.
9M-20 vs 9M-19: Share of revenue declined, mainly
due to declining trends in selling prices.
Q3-20 vs Q2-20: Share of revenue declined, mainly due
to decline in selling prices and sales volumes.
• 9M-20 vs 9M-19: Profitability impacted due to continued
decline in aluminium prices and lowered realized
premiums, on the back of weakened demand and
continued production surplus. This was partially offset by
improved sales volumes and lowered cost of goods sold.
Q3-20 vs Q2-20: Prices continued to decline from Q2-20,
affected the overall profitability.
Share of debt decreased by 8% mainly on account of
repayment of principal amounting to QR 222 million.
11
31-Dec-19
30-Sept-20
(IAS 31)
Av. Cash cost (USD / MT)
1,643
-15%
1,391
Decline in cash cost was mainly due to the overall decline
in feedstock cost, lowered power import costs and other
realized savings amid operating costs optimization
initiatives.
9M-19
9M-20
Note: For purpose of comparability, 9M-2019 financial data reported here relates to the period from 01 January 2019 till 30
September 2019. Whereas, in actual, the published financial statements for period ended 30 September 2019 included
financial data for the period from the date of QAMCO's incorporation (i.e. 3 December 2018) till 30 September 2019.
QAMCO, IR Presentation, Q3-20View entire presentation