The company registered a whopping 50% surge in net profit in the first quarter of the ongoping year, together with other impressive figures.

Estithmar Holding QPSC recorded a net profit of QAR 170 million in the first quarter of 2025, marking a significant 50% increase compared to the same period last year, the company announced.

The company made QAR 1.3 billion as revenue in the same period — an impressive 64% surge compared to the Q1 2024 figures of QAR 797 million.

“These strong financial indicators reflect the effectiveness of Estithmar Holding’s investment strategy, driven by continued growth across investment diversification, geographical expansion, and operational efficiency,” the firm said in a statement.

While the firm went from making QAR 196 million in gross profits in Q1 2024 to QAR 416 million in three months of the ongoing year, its EBITDA increased by 53% to reach QAR 273 million, and earnings per share also grew significantly by 57%.

The leading Qatari public shareholding company currently boasts a diverse portfolio of 83 companies, which span across healthcare, services, ventures, and specialised contracting.

The remarkable growth can be attributed to the company’s international expansion, according to the statement.

“International projects previously announced by Estithmar Holding started to have a tangible impact on its financial performance in revenue, profits and assets,” it added.

Estithmar Holding closed 2024 with a 20% surge in net profit with a 44% revenue growth compared to the same period in 2023. Figures from the latest quarter underscore its continual improvement and growth.