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.
HIGHLIGHTS Q1 -2022
361 Mn
379 Mn
51,853 Mn
13,122 Mn
33,003 Mn
154 Mn
QR 0.0058
REVENUE BREAKDOWN
EBIT SEGMENT CONTRIBUTION
Rental income
79%
Residential & commercial property
72%
Dividends income from equity investmentsHotel & Suites
12%
Other operating revenues
5%
Share from the results of equity accounted investees
1% 3%
Other income
MallsInvestments
01
Financial Performance Overview
CONSOLIDATED STATEMENT OF PROFIT OR LOSS
31/03/2022
31/03/2021
Variance
Variance
31 March 2022
QR"000
QR"000
QR"000
%
Rental income
360,971
297,557
63,414
+21.3%
Other operating revenues
21,298
23,083
(1,785)
-7.7%
Operating expenses
(73,565)
(52,032)
(21,533)
+41.4%
Operating profit for the period
308,704
268,608
40,096
+14.9%
Dividends income from equity investments
55,432
69,702
(14,270)
-20.5%
Share from the results of equity accounted investees
14,448
14,140
308
+2.2%
NET OPERATING PROFIT
378,584
352,450
26,134
+7.4%
Other income
3,211
2,186
1,025
+46.9%
General and administrative expenses
(20,930)
(17,304)
(3,626)
+21.0%
Depreciation
(7,144)
(7,801)
657
-8.4%
Finance costs
(185,122)
(169,170)
(15,952)
+9.4%
Impairment of doubtful receivables
(2,835)
(2,881)
46
-1.6%
(Loss) / gain from foreign currency exchange
(12,505)
(10,145)
(2,360)
+23.3%
Net Profit
153,259
147,335
5,924
+4.0%
Shareholders of the Group
153,601
147,309
6,292
+4.3%
Non Controlling Interest
(342)
26
(368)
-1415.4%
Earnings attributable to shareholders per share
0.0058
0.0056
0.0002
+3.6%
Main Income Statement Ratios
31/03/2022
31/03/2021
Operating expenses %
19%
16%
( to rental revenue+other operating revenue)
Main operation gross profit margin
81%
84%
Gross margin %
83%
87%
Net profit %
35%
38%
EPS
0.0058
0.0056
31- March -2022
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Ezdan Holding Group QSC published this content on 26 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 April 2022 08:49:11 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.