Mubasher: Investment Holding Group on Thursday announced the signing of projects and maintenance contracts through its subsidiaries.
The total amount of the signed contracts worth more than QAR 260 million, according to a filing to the Qatar Stock Exchange (QSE).
The first contract was inked with Debbas Contracting for implementing electromechanical works, with a value of more than QAR 200 million.
The second deal was signed with Water Master Company to design, supply, install and maintain pools, spas and water treatment, with a total value of QAR 37 million, according to the statement.
The last contract was sealed with Consolidated Engineering Systems for firefighting systems maintenance, with an amount of QAR 23 million.
For the full-year 2017, Investment Holding Group’s profits declined 10.9% to QAR 40.71 million, compared to QAR 45.73 million a year earlier.
It is worth noting that the company was listed on the QSE on 14 August 2017.
By 10:50 am Qatar time, the company’s stock rose 1.43% at QAR 5.66.
