Qatar’s investment sector continues to show strength as Estithmar Holding reports remarkable growth in its financial performance. The Estithmar Holding Net Profit jumped by 50 percent, reaching QR 170 million in the first quarter. This growth reflects the company’s ability to deliver consistent returns across all business clusters.
Moreover, Estithmar Holding saw a 64 percent revenue increase, reaching QR 1.3 billion. Gross profit climbed to QR 416 million, while EBITDA reached QR 273 million. Earnings per share rose to QR 0.047, marking a 57 percent improvement. The Estithmar Holding net profit growth shows the company’s focus on execution, expansion, and smart investment strategies.
Each of the company’s four clusters contributed to these results. These include Healthcare, Services, Tourism & Real Estate Development, and Contracting & Industries. This balanced growth highlights the success of the company’s diverse and long-term strategy.
The Healthcare cluster performed well, with new hospitals in Iraq and Libya boosting revenue. Notable projects like Imam Al-Hassan Al-Mujtaba Hospital and Misrata Heart & Vascular Center created new income streams. These facilities show trust from governments across the MENA region in the company’s healthcare brand.
Additionally, the Services cluster kept its lead in Qatar, especially in Facilities Management and Catering. Expansion into Saudi Arabia, Jordan, and Iraq increased profits and opened new markets. The Estismar Holding net profit benefited from strong client relationships and customized service solutions.
Meanwhile, the Tourism & Real Estate Development cluster stayed focused on delivering high-value projects. These include Rixos Baghdad and the Rosewood Maldives Resort. Assets increased by QR 600 million due to progress on projects like Lusail Winter Wonderland and Katara Hills.
The Contracting & Industries cluster also drove growth, especially through large-scale projects in Saudi Arabia. These include the Red Sea Airport and major developments with Saudi PIF companies. Operational improvements in Qatar also helped increase profits and efficiency.
Overall, Estithmar Holding continues to execute its strategic plan effectively. The results reflect a forward-thinking approach, bold expansion, and commitment to shareholder value. The company’s success across sectors proves its ability to adapt, innovate, and lead.
Group CEO Juan Leon praised the team’s hard work and focus. He also emphasized the importance of disciplined growth and regional expansion. With strong performance and investor confidence, Estithmar Holding is ready for continued success.
