Qatar Cinema and Film Distribution Co. (Q.P.S.C) ($QCFS)

Hello, and welcome to the Qatar Cinema Earnings Call. [Operator Instructions] , Thank you. I will now turn the call over to Dana Slide. You may begin.

Hello, everyone. This is Dana Suite from QNB Financial Services. I would like to welcome everyone to Qatar Cinema and Film Distribution Company's First Quarter 2016 Financial Results Conference Call. On this call for management, we have AteramanNejthe, General Manager, Gamania Vena, Finance Manager; and elastin, Officer. We will conduct this conference call with the management first reviewing the company's results followed by Q&A session. I will now turn the call over to Kaman. Please go ahead.

Thank you. Good afternoon, everyone. It is my lagoon behalf of the many men of Atacinema company to bite the Q1 2026 report to you which include a brief overview of the key performance indicators and financial results for the period ended March 31, 2026. I discussed in boronatecting our business. The company relied on multiple revenue stream to avoid the risk associated, depending on a single source of income, thereby including consideration of sustainability in its operation. Lematta revenue of QAR 6,971 million reflecting a 5% growth compared to the same result year. despite the decline in cinema revenues are detailed in the revenue breakdown. So company is revenue come from the following 4 sources: 1 operation and many manual cinemas. The company owns 4 cinemas, Criar locating a well-known shoring complex in addition to 1 high-quality cinema located in Qatar Casini. Cement represented 20% of our total revenues However, the company's cinema recorded a 20% decline in the best ones in the Q1 2026 code to the same billion last year. mainly due to the lower value is as a result of the but -- so again is down to real cement sector. The company-owned portfolio of bring real estate asset, some lease waterways and others to different tenants. Rental income constitute the largest working of revenue. accounting for 56% of the term revenues. The revenues from obliterans included by Eberle nearly 11% compared to the same ratio last year, mainly due to leading registrars. CRE investment portfolio in the security market. The convenor diversity with security portfolio on Opto, enabling us to see quick investment of units when liquid dividend income contributed 18% of the total revenue in Q1 2020 or other revenues. Addison revenue outside of the 3 sources mentioned above accounting for 6% of total revenues, showing an increase of approximately 58% compared to the same lines last year. The net profit for the blended May 2026 amounted to at QAR 829,350 compared to QAR 2,33,688 million for the same due to last year. net profit decreased by about 9% compared to the same period last year, mainly due to increase in the general and administrative expenses driven by the payment of board director remuneration and the stub bonus for the year the impact of U.S. rail work again the run an additional factor content that is the decline in the revenue during March. The company total investment amounting to a repeat QAR 101 million disteebetween 33% in equity instilment and 67% in the real estate investment. Investment activities contributed 74% of total revenue. The comment was not to rely much on loan to finance it as it currently funded asset through equity and other liabilities. The combined liquidity decreased by ability QAR 4.3 million as of the end of 2020, representing about 13% and the cash balance at the end of March 2020 was abrogated QAR 29 million. The decrease was mainly due to dividend payment for the year 2025 late in March 2026. However, the available cash continues to support the company's finance position and ensure the sustainability of operation in the long term. Thuringen assembly meeting held on March 8, 2026, approved the recommendation of the Board of Directors to distribute slight dividend at the rate of 10% of the never value of the share capital prevented Atian this year. Future plan bill of the company. on a window of understanding was fine with Autobidder -- going or building and Bowie a media and cultural experience in line with the automisation and standards. However, the average has not started yet based on the water in and possessing in equating the part of the land for some future rig. The company is many, many is in the continuous communication with the concern isotorech, compromise solution regarding the acquisition of the cinema lands, including the requirement of the rear while protecting shareholder rights. It should be noted that the cinema land constitutes the primary foundation of the company's future investment. In light of the current development resulting from U.S. Elanor, the company is facing 2 represented by the increased cost of the requirement and the release agreements for usher buildings concluded with other Airways, which constitutes the largest share of the rental revenue. The company is working to maintain the continuation of the leading relationship. Thank you for joining today.

We will now begin the question-and-answer session. [Operator Instructions] And if you would like at your question, just press boron again. Thank you. [Operator Instructions]. There's no question at this time. I will now turn the call back over to our moderator for closing remarks. Dana.

There are no questions. I would like to thank the company's management for the results update, and we look forward to speaking to you all for the second quarter results.

This concludes today's call. You may now disconnect.