P&L Executive Summary | Period:

Revenue

1,681,695,564
Previous1,538,593,680
YoY9.30%
vs. BudgetData Unavailable

Gross Profit

465,011,627
Previous459,646,393
YoY1.17%
vs. BudgetData Unavailable

Operating Profit

171,656,637
Previous174,263,395
YoY-1.50%
vs. BudgetData Unavailable

Profit of the Year

54,912,813
Previous52,575,300
YoY4.45%
vs. BudgetData Unavailable

Heads-Up Panel

SG&A300,256,430.00
20%

of Revenue - SG&A are at a moderate level - To monitor.

Finance cost efficiency0.82

of operating profit - Critical must be reviewed and reassessed

Operating Profit Breakeven1,085,865,121.00

Situation vs. Break even1.55

Net per Unit of revenue0.03

Cost-to-Income Ratio90.2%

Efficiency improved, but cost base still heavy.

Contribution Margin (Post-G&A)9.8%

Clear progress in margin retention post-G&A.

Non-Core Load on Revenue-7.8%

Non-core drag persisted, offsetting operational gains.

Operating Profit Bridge

Cost Structure

Executive Summary - AI Generated

In 2024, Salam International delivered a strong recovery in revenue, growing by 9.3% to reach QAR 1.681 billion, its highest in recent years. The rebound was powered by increased volumes across key subsidiaries, particularly in industrial, luxury retail, and contracting activities. While revenue momentum was strong, margin dilution became a key theme. Operating costs rose by nearly 13%, offsetting much of the top-line growth and reducing gross margin to 27.6%. A standout achievement in 2024 was the significant reduction in general and administrative expenses, which fell by QAR 36.9 million.

Action Plan - AI Generated

  • G&A Optimization: Achieved - G&A reduced by QAR 36.9m; G&A ratio improved to 17.8%. Continue driving digital automation and shared services.
  • Receivable Impairment Monitoring: ECLs improved structurally, but still volatile (QAR 25.5m). Tighter credit governance required.
  • Debt Reprofiling and Interest Management: With coverage still at 1.29x, prioritize refinancing or partial repayment using underutilized assets.
  • Procurement and Project Margin Control: Rising input costs eroded gross margin despite revenue growth.