Ezdan Q P S C : Q3 - 2023

Ezdan Holding Group Q.P.S.C

Investor Presentation

30-09-2023	"www.ezdanholding.qa"	1

Disclaimer

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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01	Financial Performance Overview
	CONSOLIDATED STATEMENT OF PROFIT OR LOSS	30/09/2023	30/09/2022	Changes	Changes
	30 September 2023	QR"000	QR"000	QR"000	%
	Rental income	1,352,220	1,176,333	175,887	+15.0%
	Other operating revenues	68,365	76,832	(8,467)	-11.0%
	Operating expenses	(277,996)	(254,191)	(23,805)	+9.4%
	Operating profit for the period	1,142,589	998,974	143,615	+14.4%
	Dividends income from equity investments	-	86,830	(86,830)	-100.0%
	Share from the results of equity accounted investees	-	(18,411)	18,411	-100.0%
	NET OPERATING PROFIT	1,142,589	1,643,872	(501,283)	-30.5%
	Loss on revaluation of investment properties	-	(640,809)	640,809	-100.0%
	Other income	21,526	6,341	15,185	+239.5%
	General and administrative expenses	(80,434)	(65,182)	(15,252)	+23.4%
	Depreciation	(15,842)	(18,262)	2,420	-13.3%
	Finance costs	(845,368)	(562,013)	(283,355)	+50.4%
	Impairment of doubtful receivables	(4,388)	(3,802)	(586)	+15.4%
	Gain/ (Loss) from foreign currency exchange	1,586	(40,495)	42,081	-103.9%
	Net Profit	219,669	319,650	(99,981)	-31.3%
	Shareholders of the Group	219,672	321,024	(101,352)	-31.6%
	Non Controlling Interest	(3)	(1,374)	1,371	-99.8%
	Earnings attributable to shareholders per share (QR)	0.008	0.012	(0.0038)	-31.4%

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01	Financial Performance Overview
	Rental Revenue by Segment	30/09/2023	30/09/2022	Changes	Changes
		QR"000	QR"000	QR"000	%
	Residential and commercial properties	1,184,406	1,042,605	141,801	+13.60%
	Hotel and Suites	117,486	86,906	30,580	+35.19%
	Malls	50,328	46,822	3,506	+7.49%
		1,352,220	1,176,333	175,887	14.95%

1,184,406

1,042,605

117,486

86,906

30/09/2023		30/09/2022

50,328

46,822

Residential and commercial properties

Hotel and Suites

Malls

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01	Financial Performance Overview
	Other Operating Income by Segment	30/09/2023	30/09/2022	Changes	Changes
		QR"000	QR"000	QR"000	%
	Residential and commercial properties	26,927	38,998	(12,071)	-30.95%
	Hotel and Suites	21,905	18,258	3,647	+19.97%
	Malls	19,533	19,576	(43)	-0.22%
		68,365	76,832	(8,467)	-11.02%

38,998

26,927

21,905

18,258

19,533

30/09/2023		30/09/2022

19,576

Residential and commercial	Hotel and Suites	Malls
properties

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01	Financial Performance Overview
	Operating expenses by Segment	30/09/2023	30/09/2022	Changes	Changes
						QR"000	QR"000	QR"000	%
	Residential and commercial properties	202,241	187,153	15,088	+8.06%
	Hotel and Suites				53,486	44,630	8,856	+19.84%
	Malls				22,269	22,408	(139)	-0.62%
						277,996	254,191	23,805	9.37%
									30/09/2023			30/09/2022
		202,241
			187,153

	53,486
		44,630
			22,269		22,408
Residential and commercial	Hotel and Suites	Malls
properties

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01	Financial Performance Overview
	Operating expenses details	30/09/2023	30/09/2022	Changes	Changes
		QR"000	QR"000	QR"000	%
	Staff benefits	67,392	62,289	5,103	+8.19%
	Utilities	62,927	77,607	(14,680)	-18.92%
	Sewage	51,433	28,458	22,975	+80.73%
	Maintenance expenses	34,804	28,675	6,129	+21.37%
	Air Conditioning	16,637	13,433	3,204	+23.85%
	Security	10,753	10,273	480	+4.67%
	Cleaning	10,423	9,559	864	+9.04%
	Foods and beverage	4,013	3,909	104	+2.66%
	Laundry and dry cleaning	4,251	2,813	1,438	+51.12%
	Commissions	1,327	1,579	(252)	-15.96%
	Registration fees	5,952	5,717	235	+4.11%
	Advertising and marketing	2,748	3,494	(746)	-21.35%
	Others	5,336	6,385	(1,049)	-16.43%
		277,996	254,191	23,805	+9.37%

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01		Financial Performance Overview
		Operating profit by Segment		30/09/2023 30/09/2022	Changes	Changes
		" operating profit ÷ ( rental revenue + other operating revenue)"				%
		Residential and commercial properties (QR"000)	1,009,092	894,450	114,642	+12.8%
		Residential & commercial property (%)	+83%	+83%
		Hotel and Suites (QR"000)		85,905	60,534	25,371	+41.9%
		Hotel & Suites (%)		+62%	+58%
		Malls (QR"000)		47,592	43,990	3,602	+8.2%
		Malls (%)		+68%	+66%
		Total Operating Margin (QR"000)	1,142,589	998,974	143,615	14.38%
		Total Operating Margin (%)		+80%	+80%
		Residential and Commercial	Hotels and Suites	Malls		Total
		Properties	Gross Profit (QR'000 & %)	Gross Profit (QR'000 & %)		Gross Profit (QR'000 & %)
		Gross Profit (QR'000 & %)

				47,592		1,142,589
1,009,092		85,905			43,990		998,974
	894,450
			60,534
+83%	+83%	+62%	+58%	+68%	+66%	+80%	+80%
30/09/2023	30/09/2022	30/09/2023	30/09/2022	30/09/2023	30/09/2022	30/09/2023	30/09/2022
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