Alijarah Holding (Q.P.S.C.) (NLCS) Earnings Call Transcript & Summary

Hello and welcome to National Leasing. Please note that this call is being recorded. [Operator Instructions] I will hand over to our moderator [indiscernible]. Please go ahead.

Hello, everyone, and welcome to you all. This is [indiscernible] from QNB Financial Services. I would like to welcome everyone to National Leasing Company's Second Quarter 2025 Financial Results Conference Call. On this call from National Leasing Company, we have Rajasekaran, Finance Manager; and Mohamad Sleiman, Account Supervisor. We will conduct this conference call with management first reviewing the company's results, followed by a Q&A session. I will turn the call now over to Rajasekaran. Please go ahead.

Good afternoon, everyone. Thank you for joining Alijarah Holding's IR conference call. I'm Rajasekaran, Finance Manager at Alijarah Holding. I'm pleased to be joined by Mohamad Sleiman, our Account Supervisor, who will walk through our performance and financial highlights. Following his presentation, we will open the floor for questions. Thank you.

Thank you, Raj. Good afternoon, everyone. Let me walk you through our financial performance for the period ended 30 June 2025, starting with the summary of the overall results. Our total revenue and income amounted to QAR 47.57 million. We closed the period with a net profit of QAR 11.02 million and earnings per share stood at QAR 0.022 per share. Comparing to the same period in the last year, our total revenue and income reached QAR 47.57 million compared to QAR 36.13 million in the same period in 2024, representing a QAR 31.68 million increase. Our net operating income for the period is QAR 13.43 million compared to QAR 11.06 million in the same period in 2024, reflecting an increase of 21.41%. Gross profit for the period stood at QAR 11.02 million compared to QAR 9.74 million in the same period last year, representing an increase of 13.11%. Our earnings per share for the period were QAR 0.022 per share. Turning to our financial position. We ended the period with total assets of QAR 806.77 million compared to QAR 810.43 million as of December 2024. As for our liabilities, they stood at QAR 165.38 million compared to QAR 164.16 million as of December 2024. Our total equity decreased by 0.76%, reaching 641.39 million compared to 646.27 million in December 2024. Lastly, in terms of cash flow, we used QAR 10.64 million in operating activities. Our cash from investment activity is QAR 192.55 million, which is mainly for the maturity of short-term deposits. And we used QAR 17.32 million in financing activities to distribute dividend to the shareholders. We ended the period with cash and cash equivalents of QAR 219.1 million compared to QAR 17.9 million in the same period last year. This is the performance of Alijarah for the first half of 2025. Now we will open the floor for questions. Please feel free to ask your questions, and we'll be happy to answer. Thank you.

[Operator Instructions] We didn't receive any questions. I would like to turn the call back to our moderator. Thank you.

Yes, we want to thank the participation today for all the shareholders. And we look forward to updating on progress in the coming quarter. If they have any further questions, they can feel free to reach us at our Investor Relation team. Thank you.

We would also like to thank National Leasing Company's management for the results update, and we look forward to speaking to you all on the third quarter of 2025 results conference call.

Thank you.

Thank you.

Thank you, everyone. And that concludes today's call. You may now disconnect. Have a nice day ahead.