Ezdan Holding Group Q.P.S.C. (ERES) Earnings Call Transcripts

Ezdan Holding Group Q.P.S.C.'s Latest Earnings Call - Q1 FY2026

In Q1 2026, Ezdan Holding Group reported a net profit of QAR 225 million, up from QAR 153 million in Q1 2025, driven by a significant reduction in finance costs and a modest increase in rental income. Revenue reached QAR 457 million, reflecting a 3.1% year-over-year growth. Management highlighted improved performance across key segments, particularly in malls, which saw a 29% increase in revenue, and indicated stable operating margins, with a net profit margin improvement from 33% to 47%. No changes to guidance were provided, but management acknowledged uncertainty in the current market environment.

Reported metrics

Guidance from management

Management did not provide specific guidance for future periods but acknowledged significant uncertainty in the market environment, indicating cautious outlook.

What management said

Thank you for your question. Regarding malls, it has significantly increased during the period because from year to year, there is an incremental clause in the rental. So this resulted in increase in the revenue during this period. In addition, the increase in occupancy rate. These 2 factors has resulted in significant increase in revenue of the mall. For your second question of the rental structure, a lot of the ren...

For hotel is stable. No decline in the hotel itself because our hotels, it is not daily hotels, it is most of our hotels around 75% of the tenant is long-term contracts. We are talking about from 3 to 6 months on average. The daily customers is representing insignificant portion of the tenants of hotels.

What analysts pressed on

Analysts expressed concerns regarding the sustainability of revenue growth, particularly in the mall segment, and the impact of market uncertainties on future performance. Questions were raised about occupancy rates and rental structures.

Main topics on the call

• Net Profit Growth — Ezdan's net profit increased to QAR 225 million from QAR 153 million, attributed to a QAR 65 million reduction in finance costs. Management stated, "The main drivers behind these changes were... finance cost decreased by...
• Revenue Performance — Total revenue for Q1 '26 was QAR 457 million, up 3.1% year-over-year. Management noted, "Rental income increased by around QAR 14 million," indicating growth across key segments.
• Malls Segment Growth — The mall segment experienced a revenue increase of approximately 29%, driven by improved occupancy rates and rental adjustments. Management explained, "There is an incremental clause in the rental... resulting in signifi...
• Operating Margins — Operating gross margin remained stable at 83%, while net profit margin improved significantly from 33% to 47%. This reflects effective cost management amid rising revenues.

Read the full Ezdan Holding Group Q.P.S.C. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 18 Ezdan Holding Group Q.P.S.C. earnings call transcripts on record, spanning August 15, 2021 to July 23, 2026. Based on this history, Ezdan Holding Group Q.P.S.C. reports quarterly. The most recent call on file is dated July 23, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

ERES

Exchange

DSM

Country

QA

Sector

Real Estate

Industry

Real Estate Management and Development

Calls on record

18

First call

August 15, 2021

Most recent

July 23, 2026

Reporting cadence

quarterly