00:00 Thank God, the investment has achieved a profit of 1.4 million Kuwaiti dinars in the period of June 23,
00:12 which is equivalent to 1.3 fils for the share.
00:18 The growth rate from last year to the same period is approximately 292%.
00:24 These results are due to two main factors.
00:30 The first factor is that the costs at the level of the operating companies have decreased significantly.
00:36 The second factor is that the stock market has performed well during this period.
00:46 I will ask about the operating performance of the group of companies under the group.
00:53 The operating performance is divided into three parts.
00:57 The first part is the net profit from the investments.
01:01 The stock market is the largest share of this group.
01:09 The operating performance was approximately 4.5 million Kuwaiti dinars,
01:14 which is approximately 167% higher than last year.
01:19 The second part is the net profit from the operating business.
01:25 This is approximately 85% higher than last year, which is 3.3 million Kuwaiti dinars.
01:33 The third part is that we have a noticeable decrease in the investments from last year
01:39 and the losses from the values of the companies compared to last year.
01:46 These three factors are the main factors that led to the results in the operating performance.
01:52 If we want to talk about the sector this time,
01:56 I mean, in more than one interview you talked about the food and beverage sectors,
02:01 and then the medicine sector.
02:03 Let's start with the food and beverage sectors.
02:05 How was the performance?
02:07 Of course, the operating performance.
02:09 We have several companies in the portfolio.
02:11 We started a new strategy for the company,
02:16 which is an expansionary strategy.
02:20 We entered the Gulf markets, specifically Saudi Arabia and the UAE,
02:26 and this had a positive impact on the company's performance.
02:30 In addition, we also focused on the management of expenses at the level of Majl Al-Aghdiyah,
02:36 which also had a positive impact on the company's performance.
02:40 All of these factors had a positive impact on this sector.
02:46 As for the other sectors, we have the oil, gas, and construction sectors.
02:54 This sector is through the company AAA, which is a partner.
02:59 The last year, AAA was greatly affected by the losses.
03:04 The losses have decreased compared to the previous year, and the improvement rate is approximately 77% compared to the previous year.
03:12 The third sector, which also had positive results, is the real estate sector.
03:19 Our company, Dima Capital, is a partner in this sector.
03:23 It has the largest share in the investment in this sector.
03:27 Over the past few years, Dima Capital has faced some challenges,
03:35 and we have taken some specializations and there were some losses.
03:39 Thank God, Dima Capital was able to overcome these challenges.
03:45 The growth rate of profits compared to the previous year was approximately 767%.
03:54 This is due to the strategic plan that we have put in place.
03:59 As you know, we have also decreased the capital of Dima Capital during the first half,
04:05 and we expect that this decrease will continue to improve the performance in the coming period.
04:13 I would like to ask you about another sector that was of great interest to you and was expected to be a lot.
04:20 It is the pharmaceutical industry sector, and we have read that it did not face any good losses in the past period.
04:29 Indeed, the pharmaceutical industry sector has decreased in performance compared to the previous year,
04:35 and of course, the profits have still decreased by approximately 1.5 million Kuwaiti dinars,
04:41 or approximately 55% compared to the previous year.
04:45 The advantage is that we have a portfolio of diversified and geographical investments,
04:51 and also diversified in terms of sectors,
04:54 and this works to balance the portfolio's assets, in case one of the assets is affected in performance.
05:03 If we ask you about the current profits and the total debt, how is it at the end of the first half of 2013?
05:15 Mr. Sama, we have to look at this issue in terms of the past 10 years.
05:25 The company had a demand of 111 million dinars 10 years ago.
05:33 These demands have decreased to approximately 75 million last year,
05:38 and have decreased to 64 million this year,
05:41 a decrease of approximately 14% compared to the previous year.
05:45 As for the debts at the level of the parent company,
05:48 the debt was approximately 38 million dinars 10 years ago.
05:52 We have completely closed this amount in 2018,
05:57 and we have financed the expansion in 2018 with approximately 21 million dinars.
06:02 Today, from this 21 million, it has decreased to approximately 14 million,
06:09 a decrease of approximately 18% compared to the previous year.
06:13 The important indicator in this regard is the increase in the debt relative to the property rights,
06:19 which is approximately 0.2%.
06:22 This shows that the company is in a comfortable position,
06:25 and can expand and finance this expansion in the future, God willing.
06:32 As for the company's position in terms of the precautionary and optional specialties,
06:43 it is approximately 39 million Kuwaiti dinars,
06:46 and the precautionary and optional specialties are approximately 9 million Kuwaiti dinars.
06:50 This shows that the company is in a stable and comfortable position, God willing.
06:56 I have finished my questions, and I have one last question.
06:59 I hope it doesn't upset you, and it doesn't be diplomatic.
07:03 A while ago, you announced your intention to resign,
07:06 and we are asking you what is coming, what are the plans for you?
07:13 Your question is a bit of a digression, Mr. Sama.
07:16 We have completed 10 years in the investment specialties,
07:24 and we have faced some challenges during this period,
07:29 and the company has gone through different stages.
07:32 We have had achievements, and we have put in place plans and strategies during this period.
07:40 In addition, we have taken some specialties and reduced debts, as we have mentioned earlier.
07:47 We have put in place a solid and stable system for the company during this period,
07:52 and we have put in place policies and procedures that are consistent with the best international management systems.
08:00 All of this is not possible without a special team, and we have built a special team.
08:08 I am honored to be part of this team.
08:13 In the future, I hope you will hear the good news, and may God bless you.
08:19 I am at the head of my work until September, and I would like to thank the contributors for their support.
08:26 I wish the board of directors more success and growth.
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