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Estithmar Holding H1 2025 Net Profit Nearly Doubles on International Expansion Drive

Prime Highlights

  • Estithmar Holding recorded a 97% increase in net profit to QAR 465 million (≈ $128 million) during H1 2025.
  • Revenue increased 87% year-on-year at QAR 3.073 billion, underpinned by satisfactory performance across most sectors.

Key Facts

  • Earnings per share more than doubled to QAR 0.130 during H1 2025.
  • Share price of the company increased by 77% during the first half of 2025.

Key Background

Estithmar Holding Q.P.S.C. reported the half-yearly financials of 2025, which also recorded a net profit of QAR 465 million, i.e., almost twice that of the corresponding period of 2024. The firm also recorded revenue growth of 87% to QAR 3.073 billion following significant growth in its diversified business activities. Gross profit also rose by 134% to QAR 1.054 billion and EBITDA also rose 97% to QAR 732 million, implying strong operating efficiency and better margins.

The growth of the company was driven by its expansion plans in seven other nations apart from Qatar, some of which are Saudi Arabia, Iraq, Algeria, Libya, Maldives, Jordan, and Kazakhstan. Its healthcare sector expanded manifold with new hospitals like Algerian-Qatari-German Hospital in Algeria, Al-Imam Al-Hassan Al-Mujtaba Hospital and Al-Nasiriyah Teaching Hospital in Iraq, and Misrata Heart and Vascular Centre in Libya.

In the tourism and real estate sector, major milestones were achieved through developments such as the Rixos Baghdad Hotel & Residences and the Rosewood Resort in the Maldives. The contracting sector also turned international, and the contracting sector gained high-profiled projects such as the Red Sea Airport contract, five Shura Island hotels, the Sindalah Yacht Club in Saudi Arabia, and in the Maldives and Iraq.

Echoing this robust performance, Estithmar’s share price appreciated 77% during H1 2025, which further illustrates investor optimism about its growth path. Group CEO Juan Leon referred to the efficiency of value creation, leadership in sectors, and capital restraint as the consequence of outcomes that reflect in the activities of the company. He provided instances such as sustaining balanced growth in clusters, innovation-driven operations, and long-term focus toward sustainable returns to stakeholders.