Qatari Investors Group (QIGD) Q2 2026 earnings summary

Executive summary

• H1 2026 revenue was QAR 217.7m versus QAR 296.8m, net profit was QAR 55.7m versus QAR 70.6m, and basic EPS was QAR 0.04 versus QAR 0.06.

• H1 EBITDA was QAR 103m, down 21% year-over-year.

• Challenging circumstances and geopolitical conditions affected activity and revenues across sectors.

• Strategic focus remains on diversification and investment to support future growth.

Financial highlights

• Gross profit was QAR 102.5m versus QAR 111.4m; profit before tax was QAR 57.0m versus QAR 72.0m, and finance costs were QAR 15.4m versus QAR 17.5m.

• Net profit attributable to shareholders was QAR 55.7m versus QAR 71.7m; total comprehensive income was QAR 54.3m versus QAR 60.2m.

• Net cash from operating activities was QAR 72.8m versus QAR 114.6m; unrestricted cash and cash equivalents ended H1 at QAR 199.1m versus QAR 286.7m a year earlier.

• At June 30, 2026, total assets were QAR 4.21bn versus QAR 4.33bn at Dec. 31, 2025, and total equity was QAR 2.92bn versus QAR 2.99bn.

• Operating expenses were down 1.08% and finance costs down 12.1% year-over-year; gross profit margin improved with cost measures and lower QSS detection costs.

Segment performance

• Industrial segment revenue, including investment income and associate profit, was QAR 170.1m versus QAR 227.2m; segment net profit was QAR 56.3m versus QAR 71.1m.

• Other segments recorded a QAR 10.5m net loss versus a QAR 9.2m loss; real estate net profit was QAR 4.4m versus QAR 7.9m.

• Marine services reported QAR 0.9m net profit versus a QAR 2.1m loss; contracting and technology reported QAR 4.6m versus QAR 2.9m.

• AKCC sales volume and revenue declined amid geopolitical conditions; QSS revenue fell, particularly in detection, and marine services faced lower imports and exports.