Qatar National Cement Co. · QSE:QNCD
Qatar National Cement — Q3 2020 Earnings Presentation
13 slides from Qatar National Cement's earnings presentation, Oct 22, 2020
Slide 1: Financial Summary for period ended 30 Sep 2020
Financial Summary for period ended 30 Sep 2020 Oct 22, 2020 Doha, Qatar Qatar National Cement Co. (Q.P.S.C)
Slide 2: Table of Contents
TABLE OF CONTENTS •Company Profile •Financial Highlights and Financial Performance •Other Financial Information •Outlook
Slide 3: Disclaimer
Disclaimer The information contained herein has been prepared by Qatar National Cement Co. Q.P.S.C (QNCD). QNCD 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 a
Slide 4: Company Profile
Company Profile •Established in 1965 with Emiri Decree No. 07. •Major Producer and Seller of OPC,SRC Cement and Washed Sand in the State of Qatar. •4 Cement Plants, 2 Sand Washing Plants and Calcium Carbonate Plant. •Total Cement Production Capacity of 19,000 T.P.D. •Total Sand Washing Plant Product
Slide 5: Significant Achievement
Significant Achievement •Cover market demand for all types of cement, washed sand and calcium carbonate. •Controlled the various operational costs without compromising the quality and efficiency. •Carried out restructuring of company operations without compromising the efficiency and effectiveness.
Slide 6: Interim Condensed Income Statement for the Period ended Sep 30, 2020
Interim Condensed Interim Income Statement for the Period ended Sep 30,2020 (All amounts in Qr. (000)) 2020 2019 % Sales 434,486 538,485 (19) Cost of Sales (353,624) (409,092) (14) Gross Profit 80,862 129,393 (38) Other Income 17,224 28,844 (40) Selling & Dis. Exp (4,756) (5,064) (6) G&A exp (12,340
Slide 7: Financial Performance for the Period Ended 30 Sep 2020: Revenue and Cost
Financial Performance for the Period Ended 30, Sep 2020 (All amounts in Qr. (000)) Revenue 600000 19% drop in revenue driven by following: •Reduction in volumes due to market demand which is 500000 partly compensated by increase in revenue from trading products. 400000 Cost of Revenue 300000 Revenue
Slide 8: Financial Performance for the Period Ended 30 Sep 2020: Profit
Financial Performance for the Period Ended 30, Sep 2020 Gross Profit 30% 38% drop in GP driven by following factors: •Reduction in volumes due to market demand and 25% spread of COVID-19. 20% Net Profit 15% 38% drop in NP is due to drop in GP and reduction GP NP from other income which is partially
Slide 9: Financial Performance: Current Ratio and Equity to Assets
Financial Performance for the Period Ended 30, June 2020 Current ratio Curr. ratio Current ratio increased to 4.33 times as compare to 3.01. 5.00 During the Q1 2020, the company had paid USD 25m i.e. last 4.00 installment of loan and paid 30% dividend. 3.00 2.00 Curr. Ratio 1.00 - 2020 2019 Equity t
Slide 10: Strong Dividend Payout History
Strong Dividend Payout History Distributions% 70% Bonus Dividend Dividend Shares 60% Sr# Description Distribution Amount (QAR) % % 50% 1 2019 30 **0.3 - 40% 2 2018 50 5 - Distributions% 3 2017 45 4.5 30% 4 2016 40 4 10 20% 4 2015 40 4 10 5 2014 40 4 10 10% 6 2013 60 6 - 0% 7 2012 60 6 - 2019 2018 20
Slide 11: Net Worth
Net Worth Net worth Qr. 3,500,000,000 3,000,000,000 2020 2,500,000,000 2019 2018 2,000,000,000 2017 2016 1,500,000,000 2015 2014 1,000,000,000 2013 2012 500,000,000 - 2020 2019 2018 2017 2016 2015 2014 2013 2012 •The company had repaid its loan fully in the Q1 2020. •Net worth for 2020 represents fi
Slide 12: Share Capital
Share Capital Share Capital Qr. 700,000,000 600,000,000 500,000,000 400,000,000 Share Capital Qr. 300,000,000 200,000,000 100,000,000 - 2020 2019 2018 2017 2016 2015 2014 2013 2012 •The company had issued 10% bonus shares 3 times in the last 5 years. •Share capital for 2020 represents fig as on 30-S
Slide 13: Outlook
OUTLOOK •New Board members are appointed by the Shareholders. • Plant 4 and 5, operating at Capacity of 10,000 tones, has been discontinued due to declined demand and COVID-19. •The company will continue its pursuit to innovate new and existing products in order to support FIFA 2022 world cup and Qa
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