QAMCO IR Presentation H1-23

CLASSIFICATION: C1 - CONTROLLED Net Profit Variance Analysis 96 96 93 17 +58% 2 -63 2Q-23 vs. 1Q-23 (Amounts in QR' million) 6 147 1Q-23 Price Variance Volume Variance COGS S,G&A Finance costs Others 2Q-23 QAMCO reported a net profit of QR 147 million in 2Q-23, an increase of 58% compared to 1Q-23. QAMCO's 2Q-23 results were impacted by JV's performance mainly due to: ► Unfavorable movements a) Higher COGS pertaining to increase in sales volumes; b) Higher finance costs due to higher benchmark rate. ▸ Favorable movements a) Slightly higher avg. realized selling price; b) Significantly higher sales volume due to shipment timing; c) Lower SG&A and higher head office income (included in “others”). 22 22 QAMCO, IR Presentation, H1-23

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