Please go ahead. Hi. Hello, everyone. This is Bobby Sarkar, Head of Research at QNB Financial Services. I wanted to welcome everyone to WOQOD's Q3 and Nine Months 2021 Results Conference Call. On this call, we have Pradeep Kumar, who is the CFO at WOQOD, Sultan Jassim Al-Maadeed, who is the Finance Manager, and Mufaddal Jariwala, who is the Treasury Head and IR Officer. We'll conduct this conference with first management reviewing the company's results, followed by Q&A. I would like to turn the call over now to Mufaddal. Mufaddal, please go ahead. Thank you so much, Bobby, for the wonderful introduction. Good day to all the participants, and we hope everyone is keeping safe and healthy. We welcome you all to WOQOD's Nine Months, Ended September 2021 Results Conference Call and appreciate your participation as WOQOD is committed to continuously enhance its investor relation initiatives. This is in order to strengthen our communication and improve transparency with all members of the global investment community. The presentation of this call will be available on the investor relations section of our website. Any statement that refers to expectations, projections, guidance, or any other characterizations of future events, including financial projections or future market condition, is a forward-looking statement based on the assumptions to date. Actual results may differ materially from those expressed in these forward-looking statements. The company cannot disclose any commercially sensitive information due to the confidentiality agreements signed with our suppliers. Please refer to slide number two for the full version of disclaimer statements. All figures expressed in this call are in Qatari riyals, and the conversion for the same to U.S. dollar is QAR 3.64 to $1. Now, I would like to hand the call over to our Finance Manager, Mr. Sultan Jassim Al-Maadeed, to provide a brief overview of WOQOD and update on the key operational activities. Thank you, Mufaddal. Hello, everyone. Thank you for joining us today for the conference call, WOQOD. The key vision of WOQOD is to be the leading petroleum product distribution company in the region. I am on slide four now, which shows the overview of WOQOD Group. WOQOD started operation in 2002 with exclusive rights for storage and distribution of petroleum products in the state of Qatar. Operation started with two petrol stations in 2003, and we have grown to 110 stations as of end of September 2021. The chart on the right shows WOQOD station network. WOQOD also operate 13 FAHES centers for inspection of vehicles. Turning to slide number five, which shows key operation of WOQOD Group. Key operation of WOQOD Group are diesel and gasoline fuel sales distribution, jet fuel sales, shore-to-ship and ship-to-ship bunkering, LPG sales and distribution, natural gas and CNG sales and distribution, fuel bunkering, bitumen operation, c-store, and auto care activities. Turning to slide seven now, which shows the diesel and gasoline fuel sales volumes and price trend analysis. As was mentioned before, the core activity of WOQOD is fuel sales and distribution in the state of Qatar. For the nine months ending September 2021 versus the same period of last year, diesel sales volume were higher by 6%, driven by macroeconomic factors. Combined sales volume were up by 10%, driven by market demand and easing of restrictions. Average fuel price were higher by 26% year-to-date September 2021. The diesel and gasoline chart on the top shows the trend over the past five quarters. Diesel sales for the quarter were up 9% compared to the previous quarter. Combined gasoline sales for the quarter were up 5% versus the previous quarter. This improvement was driven by easing of restriction and market demand. Turning to slide eight, which shows the jet fuel sales volume comparison. Jet fuel sales were higher by 12% for year-to-date September 2021 compared to the same period last year, driven by easing of COVID-19 and air travel restriction in many countries. Sales for Q3 2021 increased by 31% compared to the same quarter of last year and 19% versus the previous quarter. That is driven by improved offtake from airlines. Combined sales volume of all petroleum products increased by 10% year-to-date September 2021 as compared to the same period of last year. The combined sales volume for the Q3 2021 increased by 16% on a year-on-year basis, and 12% quarter-to-quarter basis. Turning to slide nine, which shows the retail fuel sales volume comparison with year-to-date September 2020. Retail fuel sales volume at petrol stations were higher by 9% for nine months ending September 2021 versus the same period last year. Turning to slide 10, which shows the retail fuel sales volume quarterly trend. For the Q3 of 2021 versus the previous quarter, retail diesel sales increased by 8%. Retail gasoline sales increased by 6%. Overall retail fuel volume increased by 7%, which is driven by market demand. We would like to share some additional information on other business segments for nine months 2021 versus the same period of last year. Natural gas sales increased by 23%, driven by market demand. diesel bunkering sales increased by 28%, driven by the market demand. Lastly, Non-petroleum Retail segment increased by 2%, driven by infrastructure development. I would like to hand over the call to our CFO, Mr. Pradeep Kumar, to discuss the key financial results. Thanks, Sultan, for all the volume updates. Good day, everyone, and hope everyone is safe and healthy. Now, I would like to discuss the consolidated financial results of WOQOD for the nine months ended September 2021. Starting with the revenue, I'm on slide 12 now, which shows the revenue trend of WOQOD. Revenue from fuel sales account for nearly 95% of the total revenue. WOQOD achieved total revenue of QAR 13.6 billion during the nine months ended September 2021 compared to QAR 10.2 billion during the nine months ended September 2020, showing an increase of 34%. The main reasons for the increase in revenue are increase in sales volume by 10% and increase in overall prices by 27%. As compared to Q3 of 2020, the revenue for the Q3 of 2021 is higher by QAR 2.3 billion, representing an increase of 74%, mainly driven by increase in prices. Turning to slide 13, which shows the net income trend. WOQOD has made a net income of QAR 691 million for the nine months ended September 2021 as compared to QAR 429 million during the same period last year, increase of 61%. This was mainly driven by higher sales volume and increase in fuel prices. Improvements in non-fuel segments also helped the increase in net income. The detailed analysis of net income variance is given in next slide. Slide 14 shows the key variance analysis of net income for the nine months ended September 2021 against the same period last year. The increase in net income of QAR 262 million is due to following major factors. Gross profit, which is net of non-controlling interest, increased by QAR 264 million, mainly driven by increase in fuel sales volume and increase in fuel price. General and administrative expenses lowered by QAR 20 million, driven by cost optimization and efficiency improvements. Other income lowered by QAR 22 million due to lower dividend interest income driven by prevailing market conditions. WOQOD's fundamentals are very robust, and WOQOD is committed to meet all its strategic goals while placing safety as a top priority. WOQOD has taken all necessary measures to ensure the safety of employees and business continuity during the pandemic situation. WOQOD has a strong leadership committed towards delivering the results to the shareholders. With this, we are ready for Q&A session. Thank you. Thank you. If you wish to ask a question please press star one on your telephone keypad. Please ensure that your mute function on your telephone is switched off to allow your signal to reach our equipment. Again, please press star one to ask a question. We'll pause for a moment to allow everyone's signal. As a reminder to ask a question please press star one. We will now take our first question from [Mujid Moza] from Commercial Bank Qatar. Good morning, Mr. Pradeep and WOQOD team. This is a good presentation. I just have one or two follow-up questions from the presentation. The last two quarters' trend is seeing a good traction in pick-up in off-take of the fuel, the gasoline fuel. Just want to know, even on the jet fuel, there's a reasonably good off-take that is seen. Heading towards the period where this post-pandemic, where we are seeing demand recording back, the travel restrictions being taken off, what is the outlook on both the jet fuel as well as the gasoline fuel and the volume sales likely to contribute to better numbers in the coming quarters? Just one question. Second question is on the fact that WOQOD is now looking for further expansion even into next year. Going forward, are there any cross-border opportunities being explored now that we are seeing some traction in cross-border investments happening? Is WOQOD looking for any opportunities across the border to seek growth opportunities? Thank you. Let me answer the first question, which is the demand for jet fuel. As you can see, the latest trend, if you talk about this September, we are almost 82% of pre-COVID-19 situation. We expect that this is going to improve in the coming months, as we can see that quite a lot of countries are easing the travel restrictions, that will definitely benefit the jet fuel segment. Regarding gasoline and diesel, it's mainly related to the activities in Qatar where now schools and everything is back to normal. Offices are fully staffed. We believe, definitely the demand is going to improve in the coming months. Regarding the second question on cross-border opportunities, WOQOD is looking for right opportunities for expansion, and once we firm up anything, we'll definitely announce in due course. Thank you very much. Just a follow-through question. With regard to the outlook on the next quarter, the performance that is in the Q3, can that be taken as a normalized quarter for the growth? We can expect further growing quarters as the quarters come by, the volume sales push and with the margins remaining flat, the actual contribution in terms of profitability, the outlook will be much better as we move to the next few quarters. Just a follow-through question to the first one. Well, as you know, we said about the demand side of it. Rest of the things, I will let you work on the number side of it. Definitely, we expect the demand going to grow in coming quarters. Okay. Thank you, Mr. Pradeep. As a reminder, to ask a question, please press star one. We will pause for a moment to allow everyone to signal. We will now take our next question from Mr. [Darjanax] from Al Faisal. Please go ahead. Yeah. Good morning to you. I just would like please an update on CapEx outlook for 2022, please. Thank you very much. On the CapEx, we are planning for expansion, adding another 10 to 11 stations in 2022 to meet the requirements. We are also working to meet all the requirements for 2022 World Cup. It's going to happen next year. Towards that, we are working on all the CapEx side of it and all the reliability improvements that we need to do in this country. I mean, for COVID. There was slight delay due to all the COVID situation, but definitely we will be catching up with all the work in the coming quarters. Thank you. As a reminder, to ask a question, please press star one. We will pause for a moment to allow everyone to signal. We will now take our next question from Bijoy Joy from QIC. Please go ahead. Thank you, gentlemen, for the call. My question is on the jet fuel side. We can see that the volumes have almost picked up to the same levels as Q1 in 2020. From a profitability angle, it's almost 20%-25% lower. Has there been a pricing change or margin reduction in the jet fuel side? Thanks. If you're comparing the Q1, you need to understand, we have Q1s, there are a lot of other incomes like dividend, et cetera, which we received in Q1 that gets accounted. If you normalize for the dividend and everything, you can see our profitability improving quarter- on- quarter. What I meant was basically Q1 of last year, 2020, in terms of volume trend, it is almost at the same level, probably 77 ml less, but almost at the same level. On the profitability from the jet fuel segment, is still lower, 20%-25% lower because, when I compare with your jet fuel numbers, it looks like 20%-25% lower. From a pricing angle, I have that doubt that, is the pricing still the same, or the margins you are making still the same or it is lower than last year? Hey, Bijoy. Don't know where you're quoting the numbers from. What I stated is still valid. You cannot compare Q1 with any other quarters. Q1 has its own specific income, such as dividend, which we account in that quarter. When you compare, it's improving quarter-over-quarter. Definitely the volume improved, so as our income also improving. Okay, perfect. Thanks. As a reminder, to ask a question, please press star one. We will now take our next question from Zohaib Pervez from Al Rayan Investment. Please go ahead. Thank you, gentlemen, for the presentation. I have more of a outlook question on how do you think, next year we've got the World Cup, this year we've got the Arab Cup? Which sectors do you think are going to benefit WOQOD? How would these two big events help WOQOD financially or operationally? Thank you. On the operations side, it's our responsibility to make sure that we meet all the requirements relating to these events. Financially, we're looking forward to all the opportunities associated with the event so we can capitalize on the same and improve our results wherever possible. Thank you. Could you give us some color on which segment do you believe is probably going to benefit within WOQOD? Is it going to be retail sales? Is it going to be jet fuels, petroleum? Which one do you think you plan on or you expect to be improving because of these big events? Thank you. We expect all segments are going to benefit from this one, but definitely retail will take the lead in that, although jet fuel and all those segments will certainly benefit from this one. Thank you. We will now take our next question from Mohammed Adel from Al Faisal. Please go ahead. Hi. First, particular question. My question is about the CapEx. If I heard you correctly, you said you will have next year 11 stations. Is there any electric supercharging in this station, and what is your plan for electric chargers? This is one question. My second question is also on the CapEx, on the amount. You said 11 stations, but maybe I didn't hear correctly. Did you disclose any amount? How much is the CapEx to be next year? Thank you. Regarding the EV segment, yes, definitely that's a segment we believe there'll be a growth in future, and we are working with all the stakeholders to tap the opportunities associated with that segment, which you will hear in due course. Regarding the CapEx, we believe it goes back to somewhat that 2019 level for the reasons that we mentioned. That's kind of our expectation at this level. Thank you. As there are no further questions at this time, I would like to turn the call back to your speakers for any additional or closing remarks. Hi, guys. This is Bobby Sarkar again from QNB Financial Services. If there are no further questions, we can end the call for this quarter. I want to thank WOQOD management for taking the time to answer questions from investors. We will pick this up next quarter. Thank you so much. Thank you, Bobby. Thank you, and thanks to the attendee, and we'll see you in the next quarter. Thanks, Bobby.