Financial Information
Total Assets
Operating Revenues (QR mn)
Operating Expense (QR mn)
Historical Dividends per Share (QR)
EBITDA (QR mn)
Net Profit (QR mn)
Consolidated Annual Results
Balance Sheet Items
| Balance Sheet (QR Millions) | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Property, Vessels & Equipment | 4,031 | 4,063 | 3,250 | 3,005 | 2,841 | 2,776 | 3,095 | 3,227 |
| Investment Property | 1,299 | 823 | 799 | 782 | 884 | 856 | 875.68 | 857 |
| Intangible Assets | 160 | 149 | 152 | 91 | 16 | 13 | 4.416 | 9 |
| Right of Use Assets | - | 155 | 228 | 144 | 210 | 115 | 118.368 | 262 |
| Investments in Joint Arrangements | 950 | 1,090 | 964 | 994 | 1,025 | 1,022 | 1,084 | 1,107 |
| Investments in Associates | 5,365 | 5,914 | 6,002 | 6,605 | 7,548 | 7,819 | 8,249 | 8,415 |
| Financial Assets at FVOCI | 4,101 | 4,099 | 3,741 | 3,557 | 2,567 | 2,914 | 2,854 | 2,653 |
| Loans granted to LNG Companies | 150 | 129 | 124 | 125 | 102 | 90 | 77 | 70 |
| Other Assets | 26 | 24 | 24 | 24 | 0 | 365 | 365 | |
| Total Non-Current Assets | 16,082 | 16,447 | 15,284 | 15,327 | 15,193 | 15,605 | 16,723 | 16,972 |
| Inventories | 122 | 81 | 78 | 103 | 115 | 92 | 62 | 62 |
| Trade & Other Receivables | 760 | 741 | 764 | 879 | 1,036 | 971 | 1,073 | 1,015 |
| Equity Instruments at FVTPL | 139 | 56 | 117 | 505 | 502 | 501 | 646 | 656 |
| Loan to a Related Party | - | - | 393 | - | - | 0 | 0 | |
| Investments in Term Deposits | 578 | 168 | 71 | 350 | 1,237 | 633 | 515 | 1,562 |
| Cash & Cash Equivalents | 127 | 178 | 306 | 305 | 230 | 414 | 188 | 272 |
| Total Current Assets | 1,726 | 1,224 | 1,728 | 2,142 | 3,120 | 2,612 | 2,484 | 3,567 |
| TOTAL ASSETS | 17,808 | 17,671 | 17,012 | 17,469 | 18,313 | 18,216 | 19,207 | 20,540 |
| Loans and Borrowings | 2,149 | 1,837 | 1,403 | 1,057 | 299 | 64 | 475 | 430 |
| Advance from a customer | 115 | 107 | 99 | 91 | 83 | 75 | 67 | 59 |
| Lease Liabilities | - | 109 | 154 | 63 | 139 | 47 | 62 | 134 |
| Provision for Employees' end of service benefits | 121 | 120 | 114 | 110 | 115 | 117 | 123 | 135 |
| Total Non-Current Liabilities | 2,385 | 2,173 | 1,770 | 1,320 | 637 | 303 | 727 | 780 |
| Trade and Other Payables | 511 | 576 | 675 | 810 | 755 | 692 | 764 | 1,324 |
| Loans and Borrowings | 274 | 270 | 718 | 485 | 757 | 418 | 175 | 46 |
| Lease Liabilities | - | 54 | 91 | 94 | 81 | 80 | 64 | 136 |
| Total Current Liabilities | 785 | 900 | 1,484 | 1,389 | 1,593 | 1,191 | 1,002 | 1,505 |
| TOTAL LIABILITIES | 3,170 | 3,073 | 3,254 | 2,710 | 2,229 | 1,494 | 1,729 | 2,286 |
| Share Capital | 1,145 | 1,145 | 1,145 | 1,145 | 1,136 | 1,136 | 1,136 | 1,136 |
| Treasury Shares | (74) | (74) | (74) | (74) | - | - | - | - |
| Legal Reserve | 4,694 | 4,694 | 4,694 | 4,694 | 4,694 | 4,694 | 4,694 | 4,694 |
| General Reserve | 624 | 624 | 624 | 624 | 624 | 624 | 624 | 624 |
| Fair Value Reserve | 3,886 | 3,876 | 3,368 | 3,408 | 2,472 | 2,465 | 2,350 | 2,726 |
| Hedging Reserve | 296 | 68 | (96) | 279 | 994 | 982 | 1240 | 1,139 |
| Retained Earnings | 4,011 | 4,210 | 4,043 | 4,644 | 6,122 | 6,781 | 7,448 | 7,953 |
| TOTAL EQUITY Attributable to Equity Holders of Parent | 14,582 | 14,543 | 13,703 | 14,720 | 16,042 | 16,681 | 17,475 | 18,254 |
Income Statement Items
| Income Statement (QR Millions) | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating Revenue | 2,420 | 2,425 | 2,267 | 2,784 | 3,285 | 2,942 | 2,840 | 3,327 |
| Salaries, Wages & Benefits | (563) | (589) | (581) | (603) | (632) | (650) | (694) | (798) |
| Operatiing Supplies & Expenses | (941) | (1,001) | (840) | (1,328) | (1,563) | (1,284) | (1,016) | (1,187) |
| Rent Expense | (15) | (7) | (5) | (7) | (8) | (11) | (8) | (5) |
| Depreciation & Amortization | (334) | (362) | (367) | (368) | (370) | (391) | (442) | (517) |
| Bad Debt Provisions | (7) | (7) | (26) | (10) | (45) | (8) | 15 | 19 |
| Other Operating Expenses | (159) | (177) | (169) | (214) | (181) | (162) | (159) | (170) |
| Operating Expenses | (2,019) | (2,142) | (1,989) | (2,531) | (2,798) | (2,505) | (2303) | (2,657) |
| Operating Profit | 401 | 283 | 279 | 253 | 487 | 436 | 536 | 669 |
| Finance Expense | (148) | (103) | (84) | (73) | (59) | (50) | (32) | (42) |
| Finance Income | 62 | 24 | 21 | 15 | 15 | 19 | 11 | 13 |
| Gain/Loss on Disposal of Assets | 1 | 16 | 87 | (5) | 21 | 10 | 8 | 88 |
| Joint Arrangements - Share of Results | 165 | 239 | 85 | 205 | 179 | 127 | 144 | 63 |
| Associates - Share of Results | 273 | 361 | 418 | 476 | 542 | 520 | 585 | 580 |
| FX Gain/Loss | 0 | (1) | (1) | 6 | (1) | (1) | (1) | (3) |
| Tax | - | (1) | (5) | (4) | (1) | (14) | (14) | (68) |
| Impairments - Vessels | (243) | (272) | (578) | (148) | (80) | (20) | (54) | |
| Impairments - NonVessels | - | - | (163) | - | (86) | 0 | (63) | (33) |
| Non-Operating Income/(Expenses) | 111 | 263 | (220) | 474 | 530 | 593 | 583 | 599 |
| Net Income (Group) | 512 | 546 | 59 | 727 | 1,016 | 1,030 | 1,120 | 1,268 |
| Non-Controlling Interest | (5) | (1) | 0 | 2 | 4 | (1) | (2) | (3) |
| Net Income (Parent) | 516 | 547 | 59 | 724 | 1,013 | 1,030 | 1,122 | 1,271 |
| EBITDA | 1,175 | 1,259 | 1,236 | 1,303 | 1,597 | 1,485 | 1,713 | 1,914 |
Financial Ratios
| Financial Ratios | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating Profit Margin | 17% | 12% | 12% | 9% | 15% | 15% | 18.9% | 20.0% |
| Return on Assets (ROA) | 2.8% | 3.1% | 0.3% | 4.2% | 5.7% | 5.6% | 6.0% | 6.4% |
| Return on Equity (ROE) of Parent | 3.7% | 3.8% | 0.4% | 5.1% | 6.6% | 6.3% | 6.6% | 7.1% |
| Debt (LT Interest Bearing) to Equity Ratio | 14.7% | 12.6% | 10.2% | 7.2% | 1.9% | 0.4% | 2.72% | 2.4% |
Financial Documents
Financial Types
Financial Year
| Description | Downloads / View |
|---|---|
| Financial 2025 |  PDF, 1.64 MB |
| Financial 2024 | PDF, 2.56 MB |
| Financial 2023 | PDF, 1.42 MB |
| Financial 2022 | PDF, 1.35 MB |
| Financial 2021 | PDF, 1.06 MB |
| Financial 2020 | PDF, 583.14 KB |
| Financial 2019 | PDF, 1.06 MB |
| Financial 2018 | PDF, 2.99 MB |
| Financial 2017 | PDF, 532.14 KB |
| Financial 2016 | PDF, 3.81 MB |
| Financial 2015 | PDF, 702.75 KB |
| Financial 2014 | PDF, 1.35 MB |
| Financial 2013 | PDF, 304.61 KB |
| Financial 2012 | PDF, 892.21 KB |
| Financial 2011 | PDF, 484.59 KB |
| Financial 2010 | PDF, 196.6 KB |
| Description | Downloads / View |
|---|---|
| Annual Report 2025 | PDF, 10.57 MB |
| Annual Report 2024 | PDF, 2.7 MB |
| Annual Report 2023 | PDF, 2.91 MB |
| Annual Report 2022 | PDF, 3.85 MB |
| Annual Report 2021 | PDF, 2.97 MB |
| Annual Report 2020 | PDF, 5.16 MB |
| Annual Report 2019 | PDF, 5.19 MB |
| Annual Report 2018 | PDF, 2.62 MB |
| Annual Report 2017 | PDF, 1.81 MB |
| Annual Report 2016 | PDF, 1.53 MB |
| Annual Report 2015 | PDF, 3.34 MB |
| Annual Report 2014 | PDF, 4.33 MB |
| Annual Report 2013 | PDF, 2.74 MB |
| Annual Report 2012 | PDF, 2.48 MB |
| Annual Report 2011 | PDF, 3.27 MB |
| Annual Report 2010 | PDF, 8.76 MB |
| Description | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| Quarterly Disclosure 2025 | PDF, 181.12 KB |
PDF, 168.46 KB |
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| Quarterly Disclosure 2024 | PDF, 166.06 KB |
PDF, 168.46 KB |
PDF, 160.97 KB |
PDF, 169.16 KB |
| Quarterly Disclosure 2023 | PDF, 169.7 KB |
PDF, 129.88 KB |
PDF, 120.05 KB |
PDF, 200.66 KB |
| Quarterly Disclosure 2022 | PDF, 219.29 KB |
PDF, 219.29 KB |
PDF, 119.83 KB |
PDF, 133.19 KB |
| Quarterly Disclosure 2021 | PDF, 175 KB |
PDF, 86.76 KB |
PDF, 115.87 KB |
PDF, 212.63 KB |
| Quarterly Disclosure 2020 | PDF, 170.93 KB |
PDF, 169.97 KB |
PDF, 117.58 KB |
PDF, 93.06 KB |
| Quarterly Disclosure 2019 | PDF, 282.97 KB |
PDF, 372.73 KB |
PDF, 345.08 KB |
PDF, 993.84 KB |