Thank you for standing by. My name is Janice, and I will be your conference operator today. At this time, I would like to welcome everyone to the Qatari Investors Group conference call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question-and-answer session. If you would like to ask a question during this time, simply press star followed by the number one on your telephone keypad. If you would like to withdraw your question, press star one again. Thank you. I would now like to turn the conference over to Shan. You may begin.
Hi. Thank you, Janice. Hello, everyone. I want to welcome you to QIGD's third quarter 2026 and nine-month 2026 financial results conference call. On this call from management, we have Houssam El Kurdi, the company's CEO, and Fady ElKhoury, the group CFO. As usual, we will conduct this call with first management reviewing the company's results, followed by a Q&A session. I will turn the call over now to Houssam. Please go ahead, sir.
Thank you. Hello, ladies and gentlemen. I will go over a review in English, followed by the same review in Arabic, and then we will move to questions and answers. Ladies and gentlemen, my pleasure to welcome you to the Qatari Investors Group, QIG IR call. My name is Houssam El Kurdi, the Chief Executive Officer, and with me, our Chief Financial Officer, Mr. Fady ElKhoury. We are pleased to present to you the year-end result of QIG Group for the third quarter, ending September 30th, 2026. In this call, we will highlight the financial performance of the group and the progress achieved during the reporting period. The group recorded a total revenue of QAR 314 million for the period, representing a 27% decrease compared to the last year's same period. The decline is mainly attributed to the current circumstances, which have had an impact across all sectors.
We remain hopeful the condition will improve in the coming period. On a positive note, we are expecting to get to the normal business and economic activities within this region in the coming period. The group net profit for the period Q3 2026 amounted to QAR 82 million, a 19% decrease compared to the last year's same period. EBITDA reached QAR 153 million for the period, 18% lower than last year's in the same period. Finally, we focus our effort to implement a strategy of diversification and investments to make more achievements that benefit the group and enable us to play an active role in supporting Qatar's economic vision. Thank you. Now I will move to the Arabic slides.
Janice, we can go to Q&A now, please.
All right. At this time, I would like to remind everyone in order to ask a question, press star, then the number one on your telephone keypad. We will just pause for a moment to compile the question-and-answer. There is no question in queue at this time. I will now turn the call back over to Shan for closing remarks. Please go ahead.
All right. If there are no questions, we can wrap up this call. I would like to thank QIGD's management for giving us an update on the third quarter, and we will pick this up again in the fourth quarter. Thank you all very much.
Ladies and gentlemen, t hat concludes today's call. Thank you all for joining, you may now disconnect.