Investor Presentation - Power Rental & Logistics
CHANGE
+8.7%
JTC‣
• Net profit increases in Q3 and 9M were
driven by an increase in revenue from
operations.
Cash position increased end September
30, 2023 to support the expansion of
operations in Kuwait, Saudi and Qatar.
Total liabilities increased as a result.
Financial Highlights
INCOME STATEMENT - Q/Q
Operating Revenue
Operating Costs
Gross Profit
Net Profit
Q3 2023
7,273,095
Q3 2022
6,691,493
(4,977,569)
(5,004,494)
2,295,526
1,686,999
1,530,833
1,004,906
-0.5%
+36.1%
+52.3%
INCOME STATEMENT - 9M/9M
9M 2023
9M 2022
Operating Revenue
21,629,385
19,708,084
Operating Costs
(14,673,095)
(14,251,287)
CHANGE
+9.7%
+3.0%
Gross Profit
Net Profit
6,956,290
5,456,797
+27.5%
4,428,790
3,266,448
+35.6%
BALANCE SHEET
9M 2023
Cash
Total Assets
Total Liabilities
10,420,821
FY 2022
4,646,872
CHANGE
+124.3%
69,059,117
60,843,382
19,942,040
Total Equity
49,117,077
13,408,907
47,434,475
+13.5%
+48.7%
+3.5%
•
•
Total assets increased mainly due to an
increase in assets supporting the
expansion in GCC.
JTC is well positioned to fund its
expansion thanks to a stable financial
position and in-demand operations that
maintain competitiveness in the GCC
market.View entire presentation