Qatar Fuel-Woqod QSC · QSE:QFLS
Qatar Fuel-Woqod QSC — Qatar Fuel Co. Q.P.S.C (WOQOD) — Q1 2021 Earnings Presentation
16 slides from Qatar Fuel-Woqod QSC's earnings presentation, Apr 15, 2021
Slide 1: Overview of Operation and 1Q 2021 Financial Results
Qatar Fuel Co. Q.P.S.C “WOQOD” Overview of Operation and 1Q 2021 Financial Results Investor Relations (IR), 15th April 2021
Slide 2: Disclaimer
Disclaimer This release/Announcement/Report contains forward-looking and future-based prospective statements and/or information concerning the financial condition, results of operations, activities and businesses of Qatar Fuel (WOQOD) Q.P.S.C. , hereinafter WOQOD. All statements/information other th
Slide 3: Contents
Contents • Company Overview 1 • Operations Overview 2 • Financial Results Overview 3 • Q&A 4 Vision “To be the leading petroleum products distribution and related services marketing company in the region” 3
Slide 4: Overview of WOQOD Group
Overview of WOQOD Group • WOQOD started operations in 2002 with WOQOD Station Network exclusive rights for storage and distribution of petroleum products in State of Qatar • Operations started with 2 Petrol Stations in 2003 and grown to 107 stations end of March 2021 • WOQOD also operates 12 Fahes c
Slide 5: Key Operations of WOQOD Group
Key Operations of WOQOD Group Main Subsidiaries • Diesel & Gasoline Fuel Sales and Distribution • Jet Fuel Sales • Shore to Ship & Ship to Ship Bunkering • LPG Sales and Bunkering Distribution Jet Fuel Vehicle Operations Office Distribution Inspection • Natural Gas & & Vessel Leasing Operations CNG
Slide 6: Operations Overview
Contents • Company Overview 1 • Operations Overview 2 • Financial Results Overview 3 • Q&A 4 6
Slide 7: Diesel & Gasoline Fuel – Sales Volume Trend Analysis
Diesel & Gasoline Fuel – Sales Volume Trend Analysis Diesel Volume Trend Gasoline Volume Trend 600 600 Sales (MM Liters) Sales (MM Liters) 400 400 640 654 676 635 614 582 619 565 527 200 200 441 0 0 1Q 2Q 3Q 4Q 1Q 1Q 2Q 3Q 4Q 1Q 2020 2021 2020 2021 YTD Mar YTD Mar Variance Variance 1Q2021 vs 1Q2020
Slide 8: Jet Fuel – Sales Volume Trend Analysis
Jet Fuel – Sales Volume Trend Analysis Jet Fuel Voume Trend 1,500 1,100 Sales (MM Liters) 700 1,180 893 909 782 300 645 -100 1Q 2Q 3Q 4Q 1Q 2020 2021 YTD Mar YTD Mar Variance Variance Jet Fuel Sales Unit 2021 2020 F/(U) (%) Jet Fuel MM Liters 909 1,180 -271.0 -23.0% 1Q2021 vs 1Q2020 • Jet Fuel sales
Slide 9: Retail Fuel Sales Volume – Comparison with 1Q2020
Retail Fuel Sales Volume – Comparison with 1Q2020 YTD Mar YTD Mar Variance Unit 2021 2020 (%) Diesel Liters MM 216 202 6.9% Super Gasoline Liters MM 265 240 10.3% Premium Gasoline Liters MM 253 262 -3.4% Total Liters MM 734 704 4.2% 1Q2021 vs 1Q2020 • Retail Fuel sales at Petrol Stations higher by 4
Slide 10: Retail Fuel Sales Volume – Quarterly Trend Analysis
Retail Fuel Sales Volume – Quarterly Trend Analysis Retail Diesel Volume Trend Retail Gasoline Volume Trend 600 200 Sales (MM Liters) Sales (MM Liters) 400 229 230 216 536 553 100 202 502 518 192 200 370 0 0 1Q 2Q 3Q 4Q 1Q 1Q 2Q 3Q 4Q 1Q 2020 2021 2020 2021 1Q2021 vs. 1Q2020 • Retail fuel volumes we
Slide 11: Financial Results Overview
Contents • Company Overview 1 • Operations Overview 2 • Financial Results Overview 3 • Q&A 4 11
Slide 12: Revenue - Trend Analysis
Revenue - Trend Analysis Revenue Trend Analysis 4,979 QAR MM 3,795 3,079 3,049 2,139 1Q 2Q 3Q 4Q 1Q 2020 2021 1Q2021 vs 1Q2020 • Total revenue for 1Q21 is QAR 3,795 MM, lower by 24% in 1Q2021 vs 1Q2020 driven by decrease in average fuel prices. As compared to 4Q20, the revenue is higher by 24% mainl
Slide 13: Net Income - Trend Analysis
Net Income - Trend Analysis Net Profit Trend Analysis 279 253 226 QAR MM 159 44 1Q 2Q 3Q 4Q 1Q 2020 2021 1Q2021 vs 1Q2020 • Net Income for the quarter ended March 2021 is QAR 253 MM, higher by QAR 27MM (12% increase) as compared to 1Q2020 mainly driven by higher sales volume of Diesel and Gasoline,
Slide 14: Net Income Analysis – 1Q2021 vs 1Q2020
Net Income Analysis – 1Q2021 vs 1Q2020 (Attributable to WOQOD Shareholders) Net Income attributable to WOQOD shareholders for 1Q2021 is QAR 253MM, higher by QAR 27MM (12%) as compared to the same period last year; key variances are as follows: • Gross profit increase driven by higher sales volume of
Slide 15: Q&A
Contents • Company Overview 1 • Operations Overview 2 • Financial Results Overview 3 • Q&A 4 15
Slide 16: Thank You!
Thank You ! wogoD 16
Qatar Fuel Co. Q.P.S.C (WOQOD) — Q1 2021 Earnings Presentation on 6ix