Estithmar Holding Net Profit Jumps 122% in 2025 on Strong Expansion

Doha, Qatar – March 12, 2026:

Estithmar Holding has reported strong financial performance for the year ending December 31, 2025, with significant growth across key financial metrics driven by expansion in its contracting and healthcare operations.

The Qatar-based investment group announced that revenue increased by 54% year-on-year to QAR 6.4 billion, compared with QAR 4.2 billion in 2024, reflecting strong operational activity across its core sectors.

Profitability and Financial Performance

The company recorded a gross profit of QAR 2.1 billion, marking a 111% increase from the previous year’s QAR 1 billion. Earnings before interest, taxes, depreciation and amortisation (EBITDA) rose 102% to QAR 1.5 billion, indicating improved operational efficiency and stronger project execution.

Net profit for the year climbed 122% to QAR 938 million, highlighting the company’s ability to translate rising revenues into sustained profitability.

The company also reported strong gains in shareholder returns. Earnings per share increased by 145% to QAR 0.264, reflecting the robust financial performance and improved margins during the year.

Growth Driven by Core Sectors

According to the company, the increase in net profit was primarily supported by higher revenues generated by the specialized contracting and healthcare sectors, which continue to represent the group’s main growth engines.

Total assets also expanded 23% year-on-year, driven largely by new projects added to the company’s portfolio. Among the notable additions was the Baghdad International Hospital in Iraq, which reflects the group’s growing footprint in regional healthcare infrastructure.

Dividend Recommendation

The Board of Directors recommended a dividend distribution equivalent to 20% of the company’s share capital. This will be issued in the form of two bonus shares for every 10 shares held, rewarding shareholders for the company’s strong performance during the year.

Expansion Across International Markets

The specialized contracting division delivered the largest contribution to total revenue in 2025, supported by strong project activity both within Qatar and across regional markets.

The group’s industrial and specialized contracting businesses executed major infrastructure and development projects across 12 countries, including key markets such as Saudi Arabia, Syria, Algeria, and Iraq.

Among the major developments undertaken during the year were large-scale projects linked to the Red Sea developments in Saudi Arabia, as well as infrastructure projects in Syria and several major initiatives in Qatar, including educational facility developments.

During the year, the group secured 262 new contracts, reflecting growing confidence among regional partners and clients in the company’s project delivery capabilities.

Healthcare Sector Continues Strong Momentum

The healthcare segment also delivered sustained growth through the operations of its subsidiary Apex Health, which focuses on hospital management and operations across regional markets.

The company expanded its healthcare footprint through projects in Iraq and Libya, strengthening its regional presence and service capabilities.

Within Qatar, the group operates The View Hospital and Korean Medical Center Qatar, both of which continued to enhance patient trust by maintaining international healthcare standards and collaborating with globally recognised medical specialists.

In 2025, The View Hospital performed more than 100 robotic surgeries, highlighting the hospital’s adoption of advanced medical technologies and specialized surgical procedures.

Leadership Perspective

Commenting on the results, Juan Leon, Chief Executive Officer of Estithmar Holding, said the year marked a significant milestone in the company’s growth journey.

He noted that the strong financial results reflected the successful execution of the group’s growth and expansion strategy across multiple sectors and markets.

Leon added that the performance also demonstrates the resilience of the company’s diversified business model, supported by operational excellence, strong governance and disciplined financial management.

Looking ahead, he said the group’s solid financial position would enable it to pursue strategic initiatives and potential opportunities in capital markets to support the next phase of its expansion.