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Tuesday, February 10, 2026 | Daily Newspaper published by GPPC Doha, Qatar.

Tag Results for "solutions" (14 articles)

Gulf Times
Business

Techno Q bags QR62mn contracts from Qatar government 

Techno Q, a leader in technology and digital solutions, particularly in the sports sector, has won new government contracts valued at QR62mn.These contracts include the supply, installation, and maintenance of giant screen systems and broadcasting infrastructure in several sports facilities across the country.This achievement is further evidence of the trust that government entities place in Techno Q’s services and its high efficiency in executing vital projects that meet international standards, the company said in its regulatory filing with the Qatar Stock Exchange.It also reflects the country's commitment to developing sports infrastructure and providing an advanced environment that supports both athletes and fans."These projects are not just new contracts; they are a direct contribution to supporting the development of sports in our country and an affirmation of our strategic partners' trust in our capabilities," said Zeyad al-Jaidah, a board member and managing director at Techno Q.Through these projects, Techno Q continues to solidify its position as a key partner in the nation's sports renaissance by providing advanced technological solutions and utilising the latest global systems in display, broadcasting, and lighting.This ensures that it keeps pace with the rapid developments in the sports industry and enhances the experience of fans, the filing said."With increasing national investments in this vital sector, Techno Q looks forward to more future successes and to solidifying its role as a reliable national company that supports the state's efforts in building a comprehensive and sustainable sports system," it added.

Gulf Times
Business

Techno Q earns net profit of QR9.8mn in H1-2025

Techno Q has reported net profit of QR9.8mn on revenues of QR103mn in the first half (H1) of 2025.The majority of the revenue (70.27%) was generated by the company’s core activities relating to the audiovisual systems, hospitality solutions, business solutions and lighting systems.The subsidiary, Techno Q Security Systems accounted for 29.38% of the revenue, primarily from ELV (extra low voltage) and security systems services. A minor contribution came from operations in Saudi Arabia.The H1-2025 performance translated into a gross profit of QR33.6mn."Our H1 performance reflects disciplined execution, margin expansion, and a stronger balance sheet... With a healthy secured backlog and a robust pipeline of Qatar-hosted events, we are confident in our ability to capture additional opportunities across ICT (information, communication and technology), security systems, hospitality solutions, and systems integration," said Zeyad al-Jaidah, co-founder and managing director of Techno Q.However, net earnings declined from QR12.9mn in H1-2024, resulting in a net margin to ease to 9.5% in H1-2025 against 11.7% the year-ago period.Techno Q continues to be in a strong financial position with its total equity at QR120.8mn.The company significantly reduced its bank financing by 60.33% year-on-year to QR0.4mn in H1-2025.The group strengthened its liquidity with cash rising from QR56.1mn in H1-2024 to QR73.4mn in H1-2025, while borrowings decreased from QR1.1mn to QR0.4mn and despite 2024 dividend payments of QR12mn.As a result, total net cash improved from QR43.2mn in H1- 2024 to QR61mn in H1-2025, reflecting enhanced financial flexibility and lower leverage.