Q1 2022 GB Auto SAE Earnings Call Transcript

May 30, 2022 / 01:30PM GMT
Operator

Good morning and good afternoon, ladies and gentlemen. Thank you for joining Q1 '22 results presentation conference call. Today's call is being recorded from GB Auto.

We have Mr. Nader Ghabbour, CEO, who will be presenting Q1 '22 results. I will hand over to Mr. Nader for his presentation. Then we will have a Q&A session. Mr. Nader, please go ahead. Thank you.

Nader Ghabbour - GB Auto SAE - CEO

Thank you. Good afternoon, ladies and gentlemen, and thank you for joining our results call for the first quarter of 2022. I will begin today's discussion with comments on the current macroeconomic situation, and GB Auto's position in light of recent developments.

We will then follow with an overview of the group's performance before opening the floor to your questions. The prevailing macroeconomic environment is no doubt difficult.

We anticipate the coming period will be challenging with continued inflationary pressures and supply chain disruptions. The auto industry has been one of the most affected industries since the onset of the

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