Aamal Deputy CEO Sheikh Tamim bin Faisal Qasim al-Thani, who read the report during the meeting, said: “Looking ahead, the board of directors remains committed to exploring attractive growth opportunities while maintaining a strong financial position.”
Sheikh Tamim said Aamal Company reported a strong performance in 2023, marked by a marginal increase in revenues and a 4.7% rise in net profit.
“Notably, our trading and distribution segment and our property segment demonstrated outstanding performances, leveraging Aamal’s solid financial position to capitalise on the diverse opportunities across the sectors,” he added.
Speaking at the meeting, Sheikh Faisal said: “Aamal was able to achieve good results during the year 2023, including the addition of new companies to our investment portfolio, capitalising on opportunities in a number of vital sectors such as energy, information technology and services.”
He added: “One of the most important factors that led to this remarkable success is the diversification strategy the company enjoys, its strong financial position, and its ability to benefit from opportunities and develop its activities, in addition to the strength of the Qatari economy, and the efforts of our wise Government, led by His Highness Sheikh Tamim bin Hamad al-Thani, to provide a safe and stable investment environment.”
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