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

Hello, and welcome to Zad Holding Conference Call. Please note that this call is being recorded. I would now like to hand the call over to our moderator, Phibion Makuwerere. Please go ahead.

Thank you, Dustin. Good afternoon to you all, and thank you for joining us for Zad Holding Company's 4Q and Full Year 2024 Earnings Conference call. My name is Phibion. I'm with QNB Financial Services. And on today's call from Zad's management team, we have Abdul Salam Abdul Hakeem, who is the CFO; and we have Abdella Ali Ismail, who is the Head of IR and Board Secretary. And as usual, they will go over the performance and the numbers, and a Q&A session will follow afterwards. Let me now turn over the call to Abdul, the CFO, to begin. Over to you, sir. Please go ahead.

Thank you. Good day to all of you [Foreign Language]. Welcome to the conference call to discuss the financials of Zad Holding Company for the year 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 questions and answers. We achieved revenue of QAR 1.494 billion for the year 2024 as against QAR 1.57 billion for the same period last year. Gross profit for the year 2024 is QAR 396.64 million in comparison to QAR 356.93 million for the last year. Net profit is QAR 206.55 million for the year 2024 in comparison to QAR 195.29 million for the last year. The EBITDA for the year 2024 is QAR 299.28 million as against QAR 296.6 million for the year 2023. I'll leave it to the floor for the question and answers.

[Operator Instructions] And it seems like there are no questions in the queue for now. I will turn the call back over to our moderator, Phibion Makuwerere, for closing remarks. Please go ahead.

Yes, it's me again. Thanks, Dustin. It does seem like we don't have any questions today, but should you have any follow-up questions, please feel free to reach out to the Zad Holding management team directly or to QNB Financial Services, who can relay your questions. Again, thanks for joining us, and I would like to thank the management team for taking the time to update the market. This brings us to the end of our call. Good afternoon to you all.

Thank you very much.

Thank you. Good afternoon.

The meeting has now concluded. Thank you all for joining. You may now disconnect.