الرئيس التنفيذي لشركة جمجوم فارما السعودية لـ CNBC عربية: تخطينا مستوى 1 مليار ريال كمبيعات في 2023
Category
🗞
NewsTranscript
00:00 Of course, the set of results that we presented, thank God, was as you mentioned at the beginning.
00:09 The profit grew by more than 70%.
00:15 We have sales itself, or sales, grew by more than 20%,
00:20 and this is bigger than the market and bigger, thank God, than most competitors.
00:24 What contributed to this is approximately three things.
00:30 The new products that we launched in the market,
00:35 or the products that we bought, some of which are products for diabetes treatment,
00:42 some of the price increases that we took for some of our products,
00:46 and the increase in the normal growth in Saudi Arabia and other markets that we are active in,
00:54 in the Middle East and Africa.
00:57 The second part of your question is important, of course, how we dealt with the challenges.
01:01 Thank God, there were challenges that we faced, as other companies faced,
01:09 such as the cost of shipping, and so on.
01:16 We overcame this by having strict control over the things that we can control internally,
01:24 the expenses that we spend on sales, the expenses that we spend on marketing, and so on.
01:29 We made a balance between the two,
01:34 and we promised our sponsors that we would deliver the highest shareholder value,
01:40 as you saw and heard.
01:43 Dr. Tarek, you talked about the growth of sales in the company by about 20%.
01:48 In your opinion, which of the markets was the largest in terms of growth,
01:52 geographically speaking, and especially in the company,
01:55 there were also expansions in several markets, and you also entered the Algerian market.
02:00 Yes, of course, it's an important question.
02:04 Yesterday, we explained in the earnings call to the sponsors that,
02:09 thank God, we don't focus on the second market,
02:15 but on all of our markets.
02:18 In Saudi Arabia, we grew by more than 23%.
02:22 We grew in the business that came from the government-owned tenders,
02:28 and we grew in the private sector.
02:31 We grew in the UAE markets by more than 30%,
02:37 and in markets like Kuwait, Bahrain, as you mentioned, Algeria, and Morocco.
02:43 Even in Egypt, with the impact of the currency,
02:48 which has dropped by more than 100%, as you know,
02:52 our gross value has dropped by only 8%,
02:58 which means that we have offset more than 92%,
03:01 and we grew in volume by 20%.
03:04 So, the advantage of our results, which, thank God,
03:08 are in the future, is that they are from all of the markets that we are active in.
03:13 Dr. Moustamiroun, in these expansionary steps, locally and abroad,
03:18 will the company's financial center allow this step to continue,
03:24 or will you be facing loans and financing?
03:28 On the contrary, the financial center, thank God.
03:31 Of course, we will continue, God willing.
03:35 We spoke yesterday in the earnings call with the contributors,
03:39 that, God willing, from 2024, which is the current year, until 2026,
03:44 we are committed to guidance in the top line,
03:48 or growth in sales, from 12% to 15%,
03:52 and we spoke about this with the contributors,
03:55 and the same strong numbers in profits,
04:00 and profits before taxes, and taxes, and so on.
04:04 There is no doubt that we will continue, and thank God,
04:07 the company, as we spoke yesterday in the call with the contributors,
04:11 will continue to grow.
04:14 Dr. Tarek, in general, the amount of debt on the company,
04:17 you also spoke in the financial statement,
04:20 that the cost of finance was reduced by 96%.
04:23 We were talking about the amount of loans for the company,
04:26 and the amount of available capital.
04:29 No, we don't have a large amount, thank God.
04:32 We are presenting, thank God, all the growth we have done,
04:37 and we are presenting the growth we have done,
04:40 and we are presenting the growth we have done,
04:43 and we are presenting the growth we have done,
04:46 and we are presenting the growth we have done,
04:49 and we are presenting the growth we have done,
04:52 and we are presenting the growth we have done,
04:55 and we are presenting the growth we have done,
04:58 and we are presenting the growth we have done,
05:01 and we are presenting the growth we have done,
05:04 and we are presenting the growth we have done,
05:07 and we are presenting the growth we have done,
05:10 and we are presenting the growth we have done,
05:13 and we are presenting the growth we have done,
05:16 and we are presenting the growth we have done,
05:19 and we are presenting the growth we have done,
05:22 and we are presenting the growth we have done,
05:25 and we are presenting the growth we have done,
05:28 and we are presenting the growth we have done,
05:31 and we are presenting the growth we have done,
05:34 and we are presenting the growth we have done,
05:37 and we are presenting the growth we have done,
05:40 and we are presenting the growth we have done,
05:43 and we are presenting the growth we have done,
05:46 and we are presenting the growth we have done,
05:49 and we are presenting the growth we have done,
05:52 and we are presenting the growth we have done,
05:55 and we are presenting the growth we have done,
05:58 and we are presenting the growth we have done,
06:01 and we are presenting the growth we have done,
06:04 and we are presenting the growth we have done,
06:07 and we are presenting the growth we have done,
06:10 and we are presenting the growth we have done,
06:13 and we are presenting the growth we have done,
06:16 and we are presenting the growth we have done,
06:19 and we are presenting the growth we have done,
06:22 and we are presenting the growth we have done,
06:25 and we are presenting the growth we have done,
06:28 and we are presenting the growth we have done,
06:31 and we are presenting the growth we have done,
06:34 and we are presenting the growth we have done,
06:37 and we are presenting the growth we have done,
06:40 and we are presenting the growth we have done,
06:43 and we are presenting the growth we have done,
06:46 and we are presenting the growth we have done,
06:49 and we are presenting the growth we have done,
06:52 and we are presenting the growth we have done,
06:55 and we are presenting the growth we have done,
06:58 and we are presenting the growth we have done,
07:01 and we are presenting the growth we have done,
07:04 and we are presenting the growth we have done,
07:07 and we are presenting the growth we have done,
07:10 and we are presenting the growth we have done,
07:13 and we are presenting the growth we have done,
07:16 and we are presenting the growth we have done,
07:19 and we are presenting the growth we have done,
07:22 and we are presenting the growth we have done,
07:25 and we are presenting the growth we have done,
07:28 and we are presenting the growth we have done,
07:31 and we are presenting the growth we have done,
07:34 and we are presenting the growth we have done,
07:37 and we are presenting the growth we have done,
07:40 and we are presenting the growth we have done,
07:43 and we are presenting the growth we have done,
07:46 and we are presenting the growth we have done,
07:49 and we are presenting the growth we have done,
07:52 and we are presenting the growth we have done,