Doha: Baladna's net profits surged 229 percent in the first half of 2025, reaching QR 331.2 million, compared to QR 100.7 million in the same period in 2024. A statement issued by the company and published on the Qatar Stock Exchange (QSE) website confirmed that earnings per share amounted to QR 0.165 for the period ending June 30, 2025, compared to earnings per share of QR 0.050 for the same period of 2024. According to Qatar News Agency, Baladna was established in 2019 and listed on the QSE in the same year. Its authorized capital is QR 1.9 billion.