Al Mahhar Holding Company Q.P.S.C. Provides a Voluntary Disclosure for Quarter 1 of 2024

Al Mahhar Holding Company Q.P.S.C.(“Al Mahhar”), a leading provider of specialized products and services to the energy and infrastructure sectors in Qatar, is pleased to provide a voluntary trading update for the three-months period from 1 January to 31 March 2024 (“Q1 2024”), alongside management guidance for the first half of the financial year 2024. Al Mahhar reported a net profit attributable to the parent of QAR 6,503,146 in Q1 2024, in comparison to QAR 5,379,714 during the same period of the previous year, based on unaudited and unreviewed financial statements for the first quarter of 2024. The Earnings per Share (EPS) accordingly amounted to QAR 0.031 as of 31st March 2024 compared with QAR 0.020 for the same period in 2023.