DOHA: Gulf International Services (GIS) convened its Annual General Assembly Meeting for the fiscal year 2025, yesterday.
Delivering the opening speech, Sheikh Khalid bin Khalifa Al-Thani Chairman of the Board of Directors Gulf International Services said, “The Board of Directors is pleased to recommend the distribution of cash dividends amounting to QR186m for the financial year ended 31 December 2025, equivalent to QR0.10 per share, taking into consideration the Group’s operational, investment, and financing requirements.”
“The year 2025 marked a pivotal milestone in the Company’s journey, during which we successfully expanded the scope of the Group’s operations and strengthened overall operational performance.
This progress was reflected in revenue growth and improved earnings quality, achieved through the disciplined execution of our strategy, the effective capture of opportunities across our various business segments, and a continued focus on operational efficiency and financial discipline,” he added.
Throughout 2025, the Drilling segment continued to serve as a key driver of the Group’s operations and a cornerstone of its growth. Gulf Drilling International completed a full year of operational performance following the acquisition of three offshore jack‑up drilling rigs in 2024 and their successful integration into the fleet.
This integration, together with the renewal of long‑term contracts and the redeployment of rigs, supported revenue growth and strengthened earnings stability. In addition, the investment in two offshore well service lifting vessels, scheduled to commence operations in 2027 under a principal contract with a strategic partner, represents a significant step that supports future growth and reinforces the Company’s position as a leading provider of offshore drilling and well services in the region, as well as a trusted partner in supporting the State’s energy sector development objectives, he added.
In the Aviation segment, Gulf Helicopters continued to deliver strong and stable operational performance, supported by growing demand for offshore aviation services, alongside the expansion of maintenance, repair, and overhaul activities, which have become an increasingly important contributor to revenues.
