Qatari Investors Group (QIGD) Q1 2025 earnings summary

Executive summary

• Total revenue for Q1 2025 reached QAR 137 million, a 2% increase year-over-year, mainly due to growth in contracting activities within the security sector.

• Net profit for the period was QAR 41 million, representing a 4% decline compared to the same period last year.

• EBITDA for the quarter was QAR 73 million, down 5% year-over-year.

• Strategic focus on diversification, sustainable value creation, and supporting Qatar's economic vision.

• Total comprehensive income dropped to QAR 32.1 million from QAR 46.5 million, mainly due to a negative change in fair value of cash flow hedging derivatives.

Financial highlights

• Revenue increased by 2% year-over-year to QAR 137 million, driven by contracting activities.

• Net profit declined by 4% year-over-year to QAR 41 million.

• EBITDA decreased by 5% year-over-year to QAR 73 million.

• EPS was QAR 0.034, declining 4% from the previous period.

• Cash balance at QAR 500 million, down 22% from December 31, 2024.

Segment performance

• Contracting (security) segment showed strong revenue growth due to new contracts.

• Marine services segment experienced a revenue decline due to reduced shipping volumes and lower economic activity.

• Cement segment volumes remained flat year-over-year; local sales dropped but were offset by export sales.

• QSS segment saw revenue growth in detection, while Marine Services declined due to reduced imports and exports.

• AKCC revenue remained stable over the period.