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Zad Holding Company Q.P.S.C. (ZHCD) Earnings Call Transcript & Summary

May 5, 2024

Qatar Stock Exchange QA Consumer Staples Food Products earnings 3 min

Earnings Call Speaker Segments

Operator

operator
#1

Hello, everyone, and welcome to Zad Holding Company Conference Call. Please note that this call is being recorded. I'd now like to hand over to our moderator for today, Roy Thomas. Please go ahead.

Roy Thomas

attendee
#2

Thanks, Elie. Hello, everyone. This is Roy Thomas from QNB Financial Services. I want to welcome everyone to Zad Holding Company's First Quarter 2021 Financial Results Conference Call. On this call from Zad Holding Company, we have Abdul Salam Abdul Hakeem, the Chief Financial Officer; and Abdella Ali Ismail, the Head of IR and Board Secretary. We will conduct this conference call with management first to begin with company's results, followed by Q&A. I will turn the call now over to Abdul Salam. Go ahead.

Abdul Salam Hakeem

executive
#3

Good day. Welcome to the conference call to discuss the financials of Zad Holding Company for the first quarter of 2024. I'll give a brief note on the performance of the company with respect to revenue, gross profit, net profit and EBITDA and leave it to the floor for the question and answers. We achieved QAR 377.02 million for the first quarter of 2024 revenue. That's against QAR 310.31 million for the same period last year. We achieved gross profit of QAR 89.82 million for the first quarter of 2024 in comparison to QAR 77.92 million for the same period last year. Net profit is about QAR 44.16 million for the first quarter 2024 in comparison to QAR 41.73 million for the first quarter 2023. The EBITDA for the first quarter 2024 is QAR 67.08 million as against QAR 62 million compared to the last year same period. I'll leave it to the floor for the question and answers.

Operator

operator
#4

[Operator Instructions] As of right now, we don't have any incoming questions. I'd now like to hand back over to the management for the final remarks.

Roy Thomas

attendee
#5

If there are no questions, we'd like to thank Abdul Salam and Zad Holding Company for the results update and we look forward to speaking to you all for the second quarter 2024 results conference call. Thank you.

Operator

operator
#6

Everyone, for attending today's call. We hope you have a wonderful day. Stay safe.

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