Qatari German Company for Medical Devices (Q.P.S.C.) (QGMD) Earnings Call Transcript & Summary

Hello, and welcome to the Qatari German Medical Conference Call. I would like to advise all participants that this call is being recorded. Thank you. I'd now like to welcome Abdullah Dhamesh to begin the conference. Over to you.

Okay. So welcome. First of all, we are welcoming all in QGMD conference call for Quarter 3 2022. First of all, myself and after [indiscernible] from Mr. Mohammad, our Managing Director, and board members, I would like to announce that a matter of pleasure and pride to congratulate the state of Qatar for the high-level international for hosting and exceptional 2022 World Cup. And we pray to Allah that it will be [indiscernible] and will be produced in the way desired, In sha'Allah. First of all, also I would like to just highlight the journey of success to Qatari Germany for Medical Devices for the Quarter 3 for the year 2022. And it shows that the plan, which was developed by the management, has been get the fruit. And we can see through the figures, which we shared in our website and also in the Qatar Stock Exchange and other authorities, that improvement and enhancement has been achieved this quarter. We are talking about the profit has been increased around 4.18% from the same period in the previous year 2021. Also, the profit and the revenue has been also increased around 2% from the last year also. And we have achieved a net profit of QAR 1,642,650 comparing with QAR 1.576 million for the previous year, which mean that we are in the good and the correct track to turn on the company into the profitability and achieving all the goals. And we are promising and optimistic for the future. This is from the QGMD, and we are welcoming for any questions or clarification.

[Operator Instructions] And there are no questions at this time. So I'd like to hand back to our presenters.

If there's no questions -- you have nothing?

Correct, there are no questions at this time. [Operator Instructions] As there are no questions, I'll hand back to the presenters to conclude our quarter for today.

Thank you. Thank you for everyone, and we are waiting for the year-end, In sha'Allah, for good results.

That does conclude our conference for today. Thank you for participating. You may now all disconnect.