Consolidated Financial Results

for the three month period ended

31 March 2023

Investor Relation Presentation

19 April 2023

KEY FINANCIAL HIGHLIGHTS FOR 3M-2023

  • Al Meera recorded consolidated sales of QAR 736.4 million for the three-month period ended 31 March 2023, an increase of 4.8% compared to the same period in 2022.
  • Gross profit amounted to QAR 134.9 million, an increase of 3.8% compared to the same period in 2022. Gross profit margin was at 18.3%.
  • Rental income grew by 5.5% to QAR 21.6 million compared to QAR 20.5 million for the same period in 2022.
  • Other income amounted to QAR 10.8 million, an increase of 5.7% compared to the same period in 2022.
  • Operating expenditures increased by 4.5% to QAR 87.6 million compared to QAR 83.9 million for the same period in 2022, primarily attributable to additional costs from new stores.
  • Al Meera reported a net profit of QAR 43.3 million and earnings per share is QAR 0.22 for the three-month period ended 31 March 2023.

2

KEY FINANCIAL HIGHLIGHTS FOR 3M-2023 (Cont'd)

SALES

QR 887.0 m

QR 758.7 m

QR 723.1 m

QR 703.0 m

QR 736.4 m

3M-2019

3M-2020

3M-2021

3M-2022

3M-2023

RENT INCOME

QR 21.6 m

QR 20.5 m

QR 19.8 m

QR 18.8 m

QR 19.0 m

3M-2019

3M-2020

3M-2021

3M-2022

3M-2023

GROSS PROFIT

18.7%

145.0

18.5%

18.3%

20.0%

140.0

15.8%

16.0%

135.0

15.0%

QR 134.9 m

130.0

QR 142.1 m

QR 135.1 m

QR 130.0 m

125.0

10.0%

120.0

115.0

QR 119.9 m

5.0%

110.0

105.0

0.0%

3M-2019

3M-2020

3M-2021

3M-2022

3M-2023

NET PROFIT ATTRI. TO SHAREHOLDERS AND EPS

1.20

QR 0.25

QR 0.25

52.0

1.00

50.0

0.80

QR 50.6 m

48.0

QR 0.22

QR 49.2 m

QR 0.22

46.0

0.60

QR 0.22

44.0

0.40

QR 44.3 m

42.0

QR 43.2 m

QR 43.2 m

0.20

40.0

0.00

38.0

3M-2019

3M-2020

3M-2021

3M-2022

3M-2023

3

OPERATIONS UPDATE FOR 3M-2023

  • Al Meera's retail store expansion plans in Qatar and Oman are progressing as planned and are expected to be operational in 2023 and 2024.
  • The corporate and e-commerce sales segments are also being expanded based on market demand.

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DISCLAIMER

Information contained in this presentation is subject to change without further notice. Its accuracy is not guaranteed, and it may not contain all material information concerning the company. We and our advisors do not make any representation regarding, nor assume any liability for, the accuracy or completeness of, or any errors or omissions in, any information contained herein.

In addition, the information contains projections and forward looking statements that reflect the company's current views only, with respect to future events and financial performance. These views are based upon current assumptions that are subject to various risks, and may change over time. No assurance can be given that future events will occur, that projections will be achieved, or that the company assumptions are correct. Actual results may differ materially from those projected.

This presentation is strictly for information only, and is not to be distributed without the explicit consent of Al Meera Consumer Goods Company Q.P.S.C. management under any circumstances.

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Al Meera Consumer Goods Company QSC published this content on 19 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 April 2023 07:59:03 UTC.