رئيس مجلس إدارة شركة أولاد على الغانم للسيارات لـ CNBC عربية: افتتحنا مصنع BMW في مصر ونخطط لتصدير سيارات "جيلي" إلى خارج مصر
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00:00 As you can see, we were much lower in the numbers than we were in the past two years.
00:16 Today, after the announcement of the results of 2023, we were in the bookings. Our profits were supposed to be 16 to 18 million dinars.
00:28 Today, we, thank God, announced profits of more than 28 million dinars.
00:34 Our distribution in 2023 was 70 fils, which exceeded our contributors' promises by 50%.
00:48 Our profits also increased by 80% compared to our contributors' promises.
00:58 We are proud that we not only kept our promises, but also exceeded our promises in terms of profits, which is close to 80 billion dinars.
01:14 If we talk about operating performance and car sales, in 2023 it was known that it was a critical renewal year.
01:21 Did this affect you? Did you manage to overcome the pressures and challenges in the past year?
01:27 Of course, every year there are obstacles and problems, but we overcome them in one way or another.
01:41 If you remember, in 2022, there was a shortage of cars, maybe 23 cars.
01:49 But, thank God, we were able to manage the situation in a way that helped us in our work.
02:01 In 2023, you also had a lot of work in the Egyptian market. Let's start with your most important achievements in Egypt in 2023.
02:10 In Egypt, we opened a BMW factory. We produced more than 1,500 cars from this factory.
02:22 We sold about 4,000 cars in Egypt. This was one of the biggest achievements that was realized on the ground.
02:31 In 2023, we signed a contract with a car manufacturer, Gili, and announced that we would import and manufacture cars.
02:43 We started importing Gili cars in January of this year, 2024.
02:51 In the last quarter of 2024, we will start producing the first two Gili cars in Egypt.
03:02 We hope that this factory will grow and grow. And, God willing, we plan to export to outside Egypt.
03:13 How do you see the issue of currency reduction in Egypt? Is this also a challenge? Does your work have an impact as a result of this?
03:21 On the contrary, the devaluation that happened was expected. The most important thing is the floating that happened to the currency.
03:32 This is a big loss for the Egyptian economy. The currency was floating in the Egyptian currency.
03:43 The devaluation in the banks due to the currency was zero, as the Prime Minister announced a few days ago.
03:55 This contributes to the stability of the Egyptian economy. I believe that the Egyptian economy is a promising economy.
04:08 Your goals for 2024 and beyond?
04:12 We hope to continue to grow and expand our network, whether inside or outside Kuwait.