MEEZA QSTP LLC (Public) (“MEEZA” or the “Company”) today announced its financial results for the first six months ending June 30, 2025.
Financial Performance Summary
The company achieved revenues of QAR 188.6 million, an increase of 5.1%, or QAR 9.2 million, due to higher revenues from the data centers and technology solutions segments. Data center revenues increased by 7.2%, or QAR 5.2 million, compared to the same period last year, reflecting the strategy to expand this high-margin sector.
Meeza’s net profit for the first half reached QAR 28.7 million, while earnings per share amounted to QAR 0.044. The net profit margin reached 15.2%.
Compared to the first quarter of 2025, total revenues in the second quarter of 2025 increased by 19.9% to QAR 102.8 million, while net profit for the same period increased by 18.5% to QAR 15.5 million.
Excluding the non-recurring cost of sales charge in the previous year’s results, net profit during the first six months increased by 22.0%, or QAR 5.2 million, with a net profit margin increase of 2.1 percentage points after excluding this non-recurring item.
Operational progress
As part of its ongoing efforts to expand its operations, MEEZA has completed approximately 75% of the 4-megawatt M-Vault 4 data center expansion project, scheduled to launch in the first quarter of 2026. The current data centers are operating at 97% of their current capacity, reflecting the growing demand for the high-level services provided by MEEZA in the field of digital infrastructure.
