Performance Analysis

FinSTRAT Forensic Analysis

Portfolio Performance Analysis

FY2024 Strategic Financial Intelligence Report

Total Revenue

QAR 1.68B

+5.7% from FY22
Net Profit

QAR 51.4M

-14.7% from FY22
Top Performer

LUXURY

44.7% of total profit

Critical Alert

REAL ESTATE

-99.2% profit collapse

Sector Performance Overview

INVEST

ENERGY

+26%

Revenue Growth (YoY)

Profit Swing

-3.1M → +13.8M

STAR

LUXURY

QAR 23M

Net Profit

Profit Share

43% of Total

STABLE

CONTRACTING

+5.5M

Profit Turnaround

From

-1.1M in '23

OPTIMIZE

TECHNOLOGY

-16%

Profit Decline (YoY)

Receivable Days

91 Days

CRITICAL

REAL ESTATE

-99.2%

Profit Collapse (vs '22)

Profit

QAR 59M → 476K

Key Strengths

  • Energy sector achieved remarkable turnaround with +26% revenue growth

  • Luxury remains the profit engine, contributing 43% of total net profit

  • Contracting sector successfully turned profitable after losses in FY23

Critical Focus: Real Estate

The 99% profit collapse, despite revenue growth, requires immediate strategic review: pivot, divest, or radically restructure.

Profit dropped from QAR 59M (FY22) to QAR 476K (FY24) - a catastrophic decline that needs urgent attention.

THE BOTTOM LINE

Salam International stands at a strategic crossroads. While Energy and Luxury sectors drive growth, the portfolio's imbalance and critical profit erosion in Real Estate pose significant risks. Swift action is required to ensure sustainable growth.