Investor Presentaiton
CLASSIFICATION: C1 - CONTROLLED
Financial performance review
Share of Revenue (QR million)
QAMCO's Net Profit (QR million)
•
1,607
9M-20
+8%
+32%
714
774
2,127
9M-21
Q2-21
Q3-21
12
+4,145%
521
165
9M-20
9M-21
Q2-21
+41%
233
Q3-21
9M-21 vs 9M-20: Share of JV's revenue inclined, mainly due to
positive trends in selling prices and shifting product mix towards
value-added products, despite slightly lower sales volumes.
Q3-21 vs Q2-21: Share of JV's revenue increased, mainly due to
improved average selling prices (+13%) partially offset by lower
sales volumes (-4%).
9M-21 vs 9M-20: Profitability improved due to continued uptick in
aluminium prices with better realized premiums, coupled with savings
in finance cost. This was partially offset due to lowered sales volumes
and higher COGS.
Q3-21 vs Q2-21: Profitability continued a positive trajectory, on the
back of improved LME prices, amid continued strength from
macroeconomic dynamics, partially offset due to higher raw materials
cost
Share of JV's Debt (QR million)
20
20
2,221
31-Dec-20
+3%
2,281
(IAS 31)
30-Sep-21
Share of debt slightly increased by 3% on account of
additional loan facility obtained for AGP Gas Turbine
upgrade.
QAMCO, IR Presentation, 9M-21View entire presentation