KAMCO Investment Company K.S.C.P. · KSE:KAMCO
KAMCO Investment Company K.S.C.P — Kamco Investment Company — 9M 2022 Earnings Presentation
20 slides from KAMCO Investment Company K.S.C.P's earnings presentation, Nov 9, 2022
Slide 1: Kamco Investment Company Investors Presentation – 9M 2022
Kamco Investment Company Investors Presentation – 9M 2022 9 November 2022
Slide 2: Disclaimer
Disclaimer › This presentation is not an offer or invitation to subscribe to or purchase any securities. No warranty is given as to the accuracy or completeness of the information in this presentation. You must make your own independent investigation and appraisal of the business and financial condi
Slide 3: Kamco Invest - A regional non-banking financial powerhouse
Kamco Invest - A regional non-banking financial powerhouse › An independently managed › Licensed by Kuwait’s Capital Business Offerings subsidiary of KIPCO Group Markets Authority & Central Asset Management › Fund Management adopting the highest standards Bank of Kuwait › Portfolio Management of cor
Slide 4: Well positioned to better serve our clients
Well positioned to better serve our clients › Specialized Wealth Management team covering the region › An extensive client base including sovereign wealth Placement Power funds, government entities, corporates, family offices and HNWI › Presence in key capital markets in the MENA region Regional Foo
Slide 5: Market Overview
> Market Overview
Slide 6: GDP growth and oil prices
GDP growth and oil prices › After the mid-year downgrade, world GDP growth expectations were Oil Market kept unchanged at 3.2% for 2022 but 2023 forecast was downgraded › Oil prices remained below the USD 100/b mark since August-2022 mainly by further 20 bps to 2.7%. Economic prospects in the near-t
Slide 7: Economy – Inflation & Interest Rates
Economy – Inflation & Interest Rates › Inflation continues to remain at decades high GCC Inflation Trend (%) level globally. To tame inflation, world central banks are front loading their interest rate hike cycle after being late to recognize the severity of uncontrolled price rises. › The impact of
Slide 8: Capital markets performance
Capital markets performance › Global equity markets recorded one of the World Indices – 9M-2022 Returns MENA Indices – 9M-2022 Returns worst declines during the first nine months of Brent Futures 13.1% Abu Dhabi 14.9% the year. The year saw three consecutive India -1.4% Oman 9.7% quarters of decline
Slide 9: Business & Financial Performance
Business & Financial Performance
Slide 10: Performance at a glance
Performance at a glance › KWD3.8mn net profit in 9M 2022 9M 2022 9M 2021 Change › Fee income increased by 2.6%, Fee Income (KWD mn) 13.77 13.43 2.56% representing 81.1% of total income Total Income (KWD mn) 16.97 21.94 (22.64%) General & Admin. Expenses (KWD mn) 11.33 11.50 (1.52%) › General & admin
Slide 11: Accomplishments
Accomplishments Asset Management › Ranked as the largest Asset Manager in › Real Estate Kuwait and the 6th largest in MENA › Acquired three real estate properties Region, Forbes ME, 2022 (2021: 8th › A Germany based property, fully leased to › Private Equity Commerzbank AG. › Private Equity funds ar
Slide 12: Accomplishments
Accomplishments Investment Banking Regional Offices › Successfully completed 6 transactions › Regional offices continued to strengthen › Four Mergers & Acquisitions transactions their presence in their respective markets › One Sukuk issuance › One private placement for a family business › Increased
Slide 13: Assets Under Management
Assets Under Management › AUM KWD 4.02bn 5,000 (USD12.9bn) as of 30 September Acquisition of majority stake 2022 4,500 in Global Investment House › CAGR 12.5% 4,000 since inception in 1998 COVID-19 3,500 3,000 KWD million 2,500 2,000 International Financial Crisis 1,500 1,000 500 0 1998 2000 2002 20
Slide 14: Financial Performance - Income Statement
Financial Performance - Income Statement › Fee income Fee Income 9M 2022 9M 2021 increased by (KWD 000) (KWD 000) 13.4 13.8 2.56% and 2021 2022 remains the core INCOME of our income KWD million Fee income 13,769 13,425 representing 81.13% of total Net gain on financial assets at fair value 399 4,500
Slide 15: Financial Performance - Income Statement
Financial Performance - Income Statement › General and General & Administrative Expenses 9M 2022 9M 2021 administrative (KWD 000) (KWD 000) expenses dropped 2021 2022 EXPENSES by 1.52% General and administrative expenses 11.5 11,327 11,503 11.3 Finance costs 1,653 1,605 KWD million › General and Pro
Slide 16: Financial Position – Assets
Financial Position – Assets › Total assets 30 Sept 2022 31 Dec 2021 Total Assets KWD (000) KWD (000) dropped by 2.70% 135.3 › Cash & cash 129.7 126.9 126.2 equivalents Cash and cash equivalents KWD million 31,536 35,160 represents 24.98% of total assets Loans and advances 4,856 6,189 › Investments t
Slide 17: Financial Position – Liabilities & Equity
Financial Position – Liabilities & Equity › Total liabilities 30 Sept 2022 31 Dec 2021 Liabilities dropped by 6.70% KWD (000) KWD (000) 70.0 61.1 65.5 › Owners’ Equity 60.0 LIABILITIES stood at KWD million 16.1 20.5 Loans 5,000 5,000 KWD61.51mn, up 50.0 Bonds 40,000 40,000 1.78% 40.0 Other liabiliti
Slide 18: Share Information
> Share Information
Slide 19: Share Information
Share Information Legal Name Kamco Investment Company K.S.C. (Public) Date Established 16 September 1998 Regulated By Kuwait's Capital Markets Authority (CMA) and Central Bank of Kuwait Listing Date 20 October 2003 Stock Ticker KAMCO Bloomberg Ticker KAMCO KK Equity Thomson Reuters Ticker KAMC.KW Pa
Slide 20: kamcoinvest.com
kamcoinvest.com
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