Estithmar Holding Q.P.S.C posts stronger Q3 earnings while advancing QAR 1.4bn in growth investments
EBITDA rises 15.4% to QAR 1.248 billion; EBITDA margin expands from 22% to 28%Net profit increases 5.9% to QAR 744 million; net profit margin reaches 16%Shareholders’ equity grows 16.3% to QAR 5.557 b...
Estithmar Holding Q.P.S.C. reported stronger Q3 earnings, with EBITDA rising 15.4% to QAR 1.248 billion and net profit increasing 5.9% to QAR 744 million. The company's EBITDA margin expanded from 22% to 28%, while net profit margin reached 16%. Revenue declined 7.6% to QAR 4.526 billion. The financial position of the Group improved, with shareholders' equity growing 16.3% to QAR 5.557 billion and total liabilities decreasing 2.5% to QAR 9.531 billion.
Estithmar Holding invested QAR 1.374 billion across strategic projects and financial assets. The investments include Rosewood Maldives, Rixos Baghdad Hotel & Residences, the Algerian Qatari German Hospital (HAQA), and Shahba Bank. These projects support the Group's growth pipeline in hospitality, real estate, healthcare, and financial services.
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