KUALA LUMPUR, May 4 (Bernama) -- Estithmar Holding Q.P.S.C. has reported a net profit of 333 million Qatari riyal for the first quarter (Q1) of 2026, marking a 97 per cent increase compared to the same period last year. (100 Qatari riyal = RM108.65)
In a statement, the company said the strong growth was driven by disciplined operational efficiency, value creation, prudent capital management and effective risk management practices.
Revenue rose to 1.455 billion Qatari riyal from 1.309 billion Qatari riyal a year earlier, while gross profit increased to 561 million Qatari riyal, up 35 per cent year-on-year.
Earnings before interest, taxes, depreciation and amortisation (EBITDA) grew 73 per cent to 473 million Qatari riyal, while earnings per share rose 90 per cent to 0.089 Qatari riyal.
Its Chief Executive Officer, Juan Leon said the results demonstrate the strength of the company’s business model.
“The balance between revenue growth and improved profitability, supported by strong operational performance and healthy cash flows, highlights our efficiency and our ability to translate expansion into tangible shareholder value,” he said.
These results reflect broad-based growth across key financial indicators, supported by the company’s expansion strategy, portfolio diversification and operational efficiency.
International investments announced in previous periods have begun to deliver tangible impact, contributing to revenue growth, improved profitability and asset base expansion.
The company also reported balanced contributions across its business groups, including healthcare, services, tourism and real estate development, demonstrating each group’s success in executing its growth strategy within an integrated strategic framework.
During the quarter, Estithmar Holding launched its new subsidiary, Estithmar Capital, its fifth business platform, specialising in financial investment management and corporate governance enhancement.
-- BERNAMA