رئيس مجلس إدارة شركة الصفاة للاستثمار الكويتية لـ CNBC عربية: نتائج عام 2023 استثنائية بسبب عملية الاندماج مع "كاب كورب"
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00:00Of course, the financial results of Al-Sifat in 2023 were exceptional compared to the integration process
00:09The integration process earned more than 5 million dinars
00:13But the specializations that will be reflected, I expect, in a positive way
00:17in terms of the rights of the contributors in the coming period
00:20That's why the results were announced with less than the profits earned by the integration process
00:26But we see, as the Board of Directors and after studying all the company's principles
00:32that the specializations that were taken at the end of the financial data in 2023
00:39will be reflected, God willing, in a positive way in the future of the company's financial data
00:44What are the most important sources of income and revenues for Al-Sifat?
00:48I mean, what are the most important securities for the company?
00:51Of course, the sectors of Al-Sifat are different
00:55Perhaps, the most important is the real estate sector
00:58And, of course, we have the industrial sector
01:00And some exports that were made at the level of the industrial sector were announced
01:06And there may be announcements during the current year
01:11In addition to some different fields, we have foreign assets
01:15We have some assets that have been acquired from the integration process
01:20Some of them are in the field of IT
01:23Some of them are in the field of investment vaults in the Kingdom of Bahrain and other countries
01:29So, today, the Board of Directors is in a hurry to re-evaluate these principles
01:33and re-formulate them in a positive way
01:35Also, we are looking for new positive opportunities in the field of the real estate sector
01:42Are there specific plans for 2024?
01:45You mentioned that there will be some exports as well
01:48That's right. There will be exports in some areas
01:51And, of course, there will be more opportunities
01:54We are talking about any sectors
01:56Perhaps, we are focusing on the real estate sector at the moment
01:59And, of course, this is not less important than the education and health sector
02:02Also, we have a desire for Al-Sifat to be present in the field of education and health
02:09After the integration with Capcor
02:11Are there any plans for other integrations or acquisitions for the coming period?
02:15Honestly, we are studying many opportunities
02:17In the market, if we summarize the investment sector
02:22As a size of companies, it is less than 5 billion
02:25Compared to the size of the market, it is less than 10%
02:29Opportunities are almost competitive
02:33There are many opportunities for acquisitions or integrations
02:38And, God willing, we will be successful this year
02:43And, God willing, we will be successful this year
02:51This reflects a positive value for the contributors directly
02:56And, God willing, for the market indirectly
02:59Looking at the Kuwaiti market and the results of the first quarter companies
03:04How do you see the impact of this on the market performance in the coming period?
03:08Especially with all the developments that we are witnessing
03:11Thank you for the question, Najwa
03:13The results are positive
03:15If we look at the results of the banks
03:17The banks form the larger size of the market value
03:21All the results were positive
03:23In terms of the consequences, the results of the companies had a positive impact
03:28When we compare the Kuwaiti market with the Gulf markets
03:33We see that the P.E. in the Kuwaiti market is not more than 25%
03:37If we compare it with the Saudi market, it is more than 80%
03:40In the Dubai market, it is more than 30%
03:43This means that the Kuwaiti market has lower prices compared to the Gulf markets
03:49This reflects that there is an opportunity for foreign investors
03:54And local investors to look at the Kuwaiti market in general
04:01Without specializing in a specific field