Estithmar Holding Reports 97% Year-on-Year Surge in Net Profit for Q1 2026, Reaching QAR 333 Million
Estithmar Holding Q.P.S.C. has announced its financial results for the first quarter of 2026, reporting a net profit of QAR 333 million, representing a significant 97% increase compared to the same period last year. This performance affirms the strength of the company’s operational model and the successful execution of its expansion strategy.
The company recorded revenue of QAR 1.455 billion, up from QAR 1.309 billion in the first quarter of 2025. Gross profit increased to QAR 561 million from QAR 416 million, showing a 35% year-on-year rise. EBITDA grew by 73% to reach QAR 473 million, while earnings per share rose by 90% to QAR 0.089.
These results demonstrate overall growth across all key financial indicators, supported by a clear investment vision and the company’s ability to balance geographic expansion, portfolio diversification, and operational efficiency. International investments announced in previous periods are now delivering tangible impacts, contributing to revenue growth, enhanced profitability, and an expanded asset base.
The strong net profit growth is attributable to the company’s disciplined approach to operational efficiency and value creation, alongside prudent capital management and effective risk management practices. In line with this, digital transformation initiatives, particularly in automation and artificial intelligence, have played a crucial role in boosting productivity, strengthening governance, and optimising costs.
These outcomes also highlight balanced contributions from across the company’s business group; healthcare, services, tourism and real estate development, industry & specialised contracting, demonstrating the group’s success in executing its growth strategy within an integrated strategic framework.
Juan Leon, CEO of Estithmar Holding, commented on the results: “The first quarter results reflect the strength of our business model and our ability to generate accelerated and sustainable growth simultaneously. This performance is a record achievement that also demonstrates the quality of our investment decisions and disciplined execution across various markets and sectors. The balance between revenue growth and profitability improvement, supported by strong operational performance and healthy cash flows, highlights our efficiency and ability to turn expansion into real value for shareholders.”