Estithmar Holding Q.P.S.C. posts stronger Q3 earnings while advancing QAR 1.4bn in growth investments
<p>Doha, Qatar: Estithmar Holding Q.P.S.C. announces its financial results for the nine months ended 30 September 2026, reporting a 15.4% year-on-year increase in earnings before interest, taxes, depreciation and amortization (EBITDA) to QAR 1.248 billion and a 5.9% increase in net profit to QAR 744 million. EBITDA margin expanded to 28% from 22%, while net profit margin reached 16% from 14%.…
Estithmar Holding Q.P.S.C. reported stronger third-quarter earnings and investments, reaching QAR 1.248 billion in EBITDA and QAR 744 million in net profit. Revenue decreased 7.6% to QAR 4.526 billion. The company bolstered its balance sheet, increasing shareholders' equity by 16.3% to QAR 5.557 billion and reducing total liabilities by 2.5% to QAR 9.531 billion.
Estithmar deployed QAR 1.374 billion in investments, supporting growth in hospitality, real estate, healthcare, and financial services. CEO Basel Shaddad emphasized the resilience of the diversified business model and the Group's commitment to profitable growth and long-term value for shareholders. The company's strategic investments include Rosewood Maldives, Rixos Baghdad Hotel & Residences, the Algerian Qatari German Hospital, and major contract awards for Elegancia Arabia.
Written by urgent.news from The Peninsula Qatar Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
