( MENAFN - AETOSWire) Estithmar Holding Q.S.P.
C announced its financial results for the nine-month period ended September 30th, 2024. The results reported a 15% increase in net profits compared to the same period in 2023, reaching QAR 353 million, up from QAR 307 million last year. Revenues also rose by 32%, amounting to QAR 2.
9 billion. The company's gross profits are QAR 719 million compared to QAR 568 million for the same period last year, reflecting a 26% increase. The company achieved an EBITDA of QAR 573 million, while earnings per share increased by 11% to QAR 0.
099. The reported results exceeded projections, driven by the development of the company's projects and the success of its operational policies. Estithmar Holding Healthcare Division steady growth both locally and regionally The healthcare division, Apex Health recorded significant growth, driven by the ongoing development of its properties that have successfully established trust as a reliable service provider.
The unique services offered by the hospitals under Estithmar Holding have led to the company's hospitals, including The View Hospital in affiliation with Cedars-Sinai and the Korean Hospital, excelling in performance. With rapid advancements in local projects, Q3 of 2024 witnessed accelerated progress in construction of the Algerian Qatari German hospital, which is expected to transform healthcare in Algeria. Additionally, through its subsidiary Apex Health, Estithmar Holding continues to manage and ope.