DOHA, Qatar--(BUSINESS WIRE)--Jul 30, 2025--
Revealing an exceptional performance across all key financial metrics, Estithmar Holding Q.P.S.C. announced its financial results for the six-month period ended 30 June 2025, following board approval.
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The company reported revenue of QAR 3.073 billion, an 87% year-on-year increase. Gross profit soared by 134% to QAR 1.054 billion, while EBITDA rose 97% to QAR 732 million compared to H1 2024. Net profit reached QAR 465 million, up 97% year-on-year, while earnings per share (EPS) doubled, reaching QAR 0.130.
While Estithmar Holding continues its upward trajectory in its financial and operational indicators across all its financial disclosures, this remarkable leap in results for H1 2025 is mainly attributed to increased revenue through its international expansions across its 4 sectors in Saudi Arabia, Iraq, Algeria, Libya, Maldives, Jordan, and Kazakhstan.
The company's enhanced operational performance also underpinned an EBITDA of QR 732 million, an increase of 97%, driven by disciplined financial and operational policies, which improved the profit margin.
"Our exceptional first‑half performance demonstrates the strength of our strategy. By focusing on value creation, sector leadership and disciplined capital allocation, we have delivered greater operational efficiency, robust revenue growth and margin expansion” Juan Leon, Group CEO of Estithmar Holding commented, and added, "Sustained and balanced growth across our four clusters remains central to our investment strategy. We continue to drive innovation and adopt advanced operational technologies. With a distinctive blend of capabilities and expertise, Estithmar Holding is well‑placed to deliver exceptional stakeholder value and extend our footprint globally."
Read more on www.estithmarholding.com
Source:AETOSWire
Estithmar Holding Reports Record Half-Year Results for 2025 (Graphic: AETOSWire)
LONDON (AP) — Britain's Conservative Party, which governed the country from 2010 until it suffered its worst-ever electoral defeat two years ago, was plunged into fresh turmoil Thursday after its leader sacked the man widely seen as her greatest rival for apparently plotting to defect from the party.
Conservative leader Kemi Badenoch said in a video and statement on X that she sacked the party's justice spokesperson Robert Jenrick due to “irrefutable evidence that he was plotting in secret to defect" in a way that was “designed to be as damaging as possible” to the party.
Badenoch also ejected Jenrick from the party's ranks in Parliament and suspended his party membership.
“The British public are tired of political psychodrama and so am I,” she said. “They saw too much of it in the last government, they’re seeing too much of it in this government. I will not repeat those mistakes.”
Though Badenoch did not specify which party Jenrick was planning to switch to, Nigel Farage, leader of the hard-right Reform UK party, said he had “of course” had conversations with him.
In the past 12 months, the Conservatives have suffered a string of defections to Reform UK, including some former Cabinet ministers.
Farage said in a press briefing in Edinburgh, the Scottish capital, that coincided with Badenoch's statement that, “hand on heart,” he wasn't about to present Jenrick as the latest Conservative to defect to Reform, an upstart, anti-immigration party.
“I’ll give him a ring this afternoon,” he said. “I might even buy him a pint, you never know.”
The Conservatives are fighting not just the Labour government to their left, but Reform UK to the right. Reform has topped opinion polls for months, trounced the Conservatives in last May’s local elections and has welcomed a stream of defecting Tory members and officials.
Jenrick, who has continued to attract speculation about leadership ambitions despite being beaten in 2024, has appeared more open than Badenoch to the prospect of some sort of deal between the Conservatives and Reform in the run-up to next general election, which has to take place by 2029.
Jenrick has yet to respond to the news of his sacking.
The Conservatives remain the official opposition to Prime Minister Keir Starmer's Labour.
Badenoch, a small-state, low-tax advocate, has shifted the Conservatives to the right, announcing policies similar to those of U.S. President Donald Trump, including a promise to deport 150,000 unauthorized immigrants a year.
Her poor poll ratings and lackluster performance in Parliament had stirred speculation that she could be ousted long before the next election.
However, she has been making a better impression in Parliament in recent weeks in a way that appears to have cemented her position as leader.
The party is no stranger to turmoil, having gone through six leaders in the space of 10 years, five of them serving as prime minister. Widespread anger at the way the Conservatives were governing Britain led to their defeat at the general election in July 2024, when they lost around two-thirds of their lawmakers, their worst performance since the party was created nearly 200 years ago.
Reform Party leader Nigel Farage addresses protesters outside the Iranian embassy, in London, Monday, Jan. 12, 2026. (Yui Mok/PA via AP)
Kemi Badenoch with Robert Jenrick before being announced as the new Conservative Party leader following the vote by party members at 8 Northumberland Avenue in central London, Nov. 3, 2024. (Stefan Rousseau/PA via AP)
