Aamal Company Q.s.c. · QSE:AHCS
Aamal Company Q.s.c — H1 2026 Earnings Presentation
17 slides from Aamal Company Q.s.c's earnings presentation, Jul 28, 2026
Slide 1: H1 2026 Results: A resilient set of results demonstrating Aamal's diversified business model
A resilient set of results demonstrating Aamal’s diversified business model, leading market position and solid financial foundations Presentation of financial results for the six months ended 30 June 2026
Slide 2: Contents
❑ H1 2026 Highlights ❑ Financial Summary ❑ Segmental Review Contents ❑ Summary and Outlook ❑ Appendix ▪ Group Results – Revenue and Net Profit by Segment ▪ Aamal’s Investment Case "Strength Through Diversity" 1
Slide 3: H1 2026 Highlights
H1 2026 HIGHLIGHTS ❑ Resilient performance amid a more challenging operating environment with gross profit flat year on year ❑ Revenue down 1.9% and net profit down 12.9% amid a more challenging operating environment ❖ Trading and Distribution impacted by evolving healthcare procurement policies, al
Slide 4: Contents
❑ H1 2026 Highlights ❑ Financial Summary ❑ Segmental Review Contents ❑ Summary and Outlook ❑ Appendix ▪ Group Results – Revenue and Net Profit by Segment ▪ Aamal’s Investment Case "Strength Through Diversity" 3
Slide 5: Financial Summary
FINANCIAL SUMMARY ▪ Financial performance driven by QARm H1 2026 H1 2025 % change • Continued resilience despite a more challenging operating environment, with gross profit stable year on Revenue 1,050.2 1,070.1 (1.9%) year. • Revenue growth across Industrial Manufacturing, Gross profit 262.1 261.8
Slide 6: Contents
❑ H1 2026 Highlights ❑ Financial Summary ❑ Segmental Review Contents ❑ Summary and Outlook ❑ Appendix ▪ Group Results – Revenue and Net Profit by Segment ▪ Aamal’s Investment Case "Strength Through Diversity" 5
Slide 7: Industrial Manufacturing
INDUSTRIAL MANUFACTURING QARm H1 2026 H1 2025 % change Revenue 94.5 92.1 2.6% Net profit - fully consolidated activities (10.4) (9.9) (5.3%) Net underlying profit margin % (11.0%) (10.7%) (0.3 ppts) Share of net profit of associates and joint ventures accounted for using the equity method 35.7% 42.9
Slide 8: Trading and Distribution
TRADING AND DISTRIBUTION QARm H1 2026 H1 2025 % change Revenue 727.4 756.8 (3.9%) Net profit 49.6 53.6 (7.5%) Net profit margin % 6.8% 7.1% (0.3 ppts) Note: there may be slight differences due to rounding. ▪ Revenue declined 3.9%, while net profit decreased 7.5% ❖ Performance primarily due to challe
Slide 9: Property
PROPERTY QARm H1 2026 H1 2025 % change Revenue 176.0 170.0 3.5% Net profit - fully consolidated activities 126.0 135.7 (7.2%) Net underlying profit margin % 71.6% 79.8% (8.3 ppts) Share of net profit of associates and joint ventures accounted for using the equity method 3.2 3.0 8.4% Total net profit
Slide 10: Managed Services
MANAGED SERVICES QARm H1 2026 H1 2025 % change Revenue 85.5 80.7 6.0% Net profit - fully consolidated activities 9.0 8.5 5.3% Net underlying profit margin % 10.5% 10.6% (0.1 ppts) Share of net profit of associates and joint ventures accounted for using the equity method - 1.1 (100%) Total net profit
Slide 11: Contents
❑ H1 2026 Highlights ❑ Financial Summary ❑ Segmental Review Contents ❑ Summary and Outlook ❑ Appendix ▪ Group Results – Revenue and Net Profit by Segment ▪ Aamal’s Investment Case "Strength Through Diversity" 10
Slide 12: Summary and Outlook
SUMMARY AND OUTLOOK ❑ Resilient first-half performance despite a more challenging operating environment with ongoing focus on operational improvement, disciplined execution and cost control ❑ Despite an uncertain near-term outlook Aamal’s diversified business model and portfolio remains well positio
Slide 13: Any Further Questions?
ANY FURTHER QUESTIONS? AAMAL COMPANY MOHAMMED ARIF QURESHI Corporate Financial Controller E: mohammad.arif@aamal.qa ZAID SHELLEH Investor Relations Manager E: zaid.shelleh@aamal.qa T: +974 4422 3888 www.aamal.qa FINANCIAL PR/IR ADVISORS JONAH BOON Investor Relations E: Jonah.Boon@cdrconsultancy.com
Slide 14: Contents
❑ H1 2026 Highlights ❑ Financial Summary ❑ Segmental Review Contents ❑ Corporate Governance Update ❑ Summary and Outlook ❑ Appendix ▪ Group Results – Revenue and Net Profit by Segment ▪ Aamal’s Investment Case "Strength Through Diversity" 13
Slide 15: Group Results (by Segment)
GROUP RESULTS (BY SEGMENT) REVENUE QARm H1 2026 H1 2025 Change % Industrial Manufacturing 94.5 92.1 2.6% Trading and Distribution 727.4 756.8 (3.9%) Property 176.0 170.0 3.5% Managed Services 85.5 80.7 6.0% less: inter-divisional revenue (33.3) (29.5) (12.9%) Total 1,050.2 1,070.1 -1.9% NET PROFIT N
Slide 16: Delivering on Our Investment Case
DELIVERING ON OUR INVESTMENT CASE One of Qatar’s largest and most diversified companies, offering high quality and balanced exposure to Qatar’s economic growth and development Strength through diversity Operating in an attractive, growing market ▪ Diversified (across 32 active business units) for ▪
Slide 17: Shukran
Shukran "Strength Through Diversity" 16