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Reported information

Industries Qatar reports QAR 809 million nine-month loss

Industries Qatar reported a net loss of about QAR 809 million for the first nine months of 2026, compared with a profit of nearly QAR 3.4 billion a year earlier. The results were reported on 28–29 October.

West Bay buildings in Doha.
West Bay in Doha, February 2026. Location illustration; this photograph does not show Industries Qatar’s plants. — P. Hughes / Wikimedia Commons — CC BY 4.0 https://creativecommons.org/licenses/by/4.0/ — 4 février 2026, taille réduite.

Revenue was QAR 8.1 billion, down 41% year on year, according to figures reported by CNBC Arabia. Sales volumes fell 53% to 3.81 million tonnes.

The group attributes the deterioration to lower volumes, reduced investment income and non-recurring accounting adjustments involving QAFAC. It also says it reduced production and suspended certain product lines amid the regional conflict. These explanations are the company’s; nine-month figures should not be confused with results for the third quarter alone.

Sources 3