The information contained herein has been prepared by Ezdan Holding Group Q.P.S.C ("Ezdan"). Ezdan relies on information obtained from sources believed to be reliable but does not guarantee its accuracy or completeness.
This presentation has been prepared for information purposes only and is not and does not form part of any offer for sale or solicitation of any offer to subscribe for or purchase or sell any securities nor shall it or any part of it form the basis of or be relied on in connection with any contract or commitment whatsoever.
Some of the information in this presentation and related conference call may contain projections or other forward-looking statements regarding future events or the future financial performance of Ezdan. These forward-looking statements include all matters that are not historical facts. The inclusion of such forward-looking information shall not be regarded as a representation by Ezdan or any other person that the objectives or plans of Ezdan will be achieved. any forward-looking statement speaks only as of the date on which it is made. New risks and uncertainties arise from time-to-time, and it is impossible to predict these events or how they may affect Ezdan. Ezdan undertakes no obligation to publicly update or publicly revise any forward-looking statement, whether as a result of new information, future events or otherwise. Figures are being rounded, and that rounding differences may appear throughout the presentation.
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3
HIGHLIGHTS
467 Mn
400 Mn
47,014 Mn
11,114 Mn
33,233 Mn
91 Mn
QR 0.003
REVENUE BREAKDOWN
EBIT SEGMENT CONTRIBUTION
94%
1.%
5%
Rental income
Residential & commercial
property
Other operating revenues
Hotel & Suites
Other income
Malls
89%
4% 7%
31 Mar -2023
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4
01
Financial Performance Overview
CONSOLIDATED STATEMENT OF PROFIT OR LOSS
31/03/2023
31/03/2022
Variance
Variance
31 March 2023
QR"000
QR"000
QR"000
%
Rental income
466,539
360,971
105,568
+29.2%
Other operating revenues
22,510
21,298
1,212
+5.7%
Operating expenses
(88,734)
(73,565)
(15,169)
+20.6%
Operating profit for the period
400,315
308,704
91,611
+29.7%
Dividends income from equity investments
-
55,432
(55,432)
-100.0%
Share from the results of equity accounted investees
-
14,448
(14,448)
-100.0%
NET OPERATING PROFIT
400,315
378,584
21,731
+5.7%
Other income
6,604
3,211
3,393
+105.7%
General and administrative expenses
(44,252)
(20,930)
(23,322)
+111.4%
Depreciation
(5,180)
(7,144)
1,964
-27.5%
Finance costs
(259,136)
(185,122)
(74,014)
+40.0%
Impairment of doubtful receivables
(11,441)
(2,835)
(8,606)
+303.6%
Gain/ (Loss) from foreign currency exchange
4,129
(12,505)
16,634
-133.0%
Net Profit
91,039
153,259
(62,220)
-40.6%
Shareholders of the Group
91,042
153,601
(62,559)
-40.7%
Non Controlling Interest
(3)
(342)
339
-99.1%
Earnings attributable to shareholders per share (QR)
0.0034
0.0058
(0.0024)
-41.4%
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Ezdan Holding Group QSC published this content on 20 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 April 2023 10:03:02 UTC.
Ezdan Holding Group QPSC is a Qatar-based company, which is primarily engaged in real estate sector. The Company operates, along with its subsidiaries, in four business segments: Residential and Commercial Property segment, which includes development, trade and rental of real estates; Hotel and Suites segment, which includes management of hotels, suites, and restaurants. Investment segment, which includes Investment activities including shares and bonds. Malls segment, which includes management of malls. The companyâs subsidiaries include Ezdan Hotels Company W.L.L., Ezdan Mall Company W.L.L., Ezdan Real Estate Company W.L.L., Ezdan Palace Hotel Company W.L.L., Al Ekleem for Real Estate and Mediation Co. W.L.L., Ezdan International Limited, Haloul Ezdan for Trading and Construction Company W.L.L., Ezdan World W.L.L., and Emtedad Real Estate for Projects W.L.L.