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

Hello, and welcome to the Qatari German Medical Devices Conference Call. I would like to advise all participants that this call is being recorded. I'd now like to welcome Mr. Roy Thomas to begin the conference. Roy, over to you.

Thanks, Bhavesh. Hello, everyone. This is Roy Thomas from QNB Financial Services. I want to welcome everyone to Qatari German Medical Devices Company's Third Quarter and 9 Months 2023 Financial Results Conference Call. On this call from Qatari German Medical Devices company, we have Abdullah Dhamesh, the Investor Relations Officer. We will conduct this conference call with management first reviewing the company's results followed by Q&A. I will turn the call now over to Abdullah Dhamesh. Go ahead, Abdullah.

Thank you, Mr. Roy, and thank you for your team. And welcome all our investor to our conference call for Q3 2023 financial results for Qatari German Medical Device [Audio Gap] QR 25,224,850 for the period ended in September 30, 2023, comparing with QR 31.049 million in the same period for 2022. The company's success also to achieve a gross profit of QR 8,602,620 for the 9 months ended in September 30, 2023, compared to QR 10.347 million in the same period for 2022. The company has a net profit of QR 174,022, comparing with QR 1.642 million for the same period of 2022 for the last year. Also, we are talking about profit per share, QR 0.0015 compared to QR 0.0142. This is a translate of our planning to sustain the company to be in the corrected track. And we are targeting Inshallah for the quarter 4 to achieve more and more. And now we are willing to attend any question or any inquiry from our investors.

Yes, Bhavesh, you can open it for questions, please.

[Operator Instructions] There seems to be no questions at this time. I will now turn the call back to Roy Thomas for closing remarks.

All right. There are no questions. We'd like to thank Abdullah Dhamesh for the results update, and we look forward to speaking to you all for the final quarter and year-end 2023 results. Thank you.

Thank you, Mr. Roy. Thank you, guys.

This does conclude today's conference call. You may now disconnect.