Investor Presentaiton
CLASSIFICATION: CO - NON-CONFIDENTIAL
1Q-22 results: Petrochemicals
Analysis of segment
revenue & net profit
Revenue: QR 1.9 billion, up by 33% compared to 1Q-21. This increase in revenue was mainly linked to
higher product prices (+18%), and better sales volumes (+13%). Growth in sales volumes was linked to
higher production volumes;
■
Revenue for the current quarter was up by 42% versus 4Q-21. This increase was primarily driven
by improved sales volumes (+31%), as the Group's polyethylene segment was on a major
planned shutdown during 4Q-21, which significantly lowered segment's sales volumes for 4Q-21.
Net profit: QR 673 million, up by 11% compared to 1Q-21. Improvement was mainly due to the overall
growth in segmental revenue.
1Q-22 net profit increased by 120% compared to 4Q-21 mainly due to higher revenues versus
last quarter.
Revenue (QR' billion)
+33%
1.74
1.57
1.38
1.29
+42%
1.84
608
Net profit (QR' million)
+120%
+11%
886
678
306
673
1Q-21
2Q-21
3Q-21
4Q-21
1Q-22
1Q-21
2Q-21
3Q-21
4Q-21
1Q-22
25
Industries Qatar, IR Presentation, 1Q-22View entire presentation