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MANNAI CORPORATION FIRST QUARTER 2025 GROSS PROFIT GREW BY 7.3% TO QR 271 MILLION ON CONSOLIDATED REVENUE OF 1.3 BILLION

Company: Mannai Corporation
Release Date: May 1, 2025

Mannai Corporation QPSC (Qatar Exchange: MCCS) reported a 7.3% increase in gross profit, reaching QR 271 million on consolidated revenue of QR 1.3 billion for the first quarter of 2025

Group Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) for the period grew by 3% to QR 134 Million compared to QR 130 Million for the same period last year. Group Earnings before Interest and Taxes (EBIT) also grew by 5% for the period to QR 86 Million compared to QR 82 Million for the same period last year.

Group Net Profit before tax for the period increased by 21% to QR 35m Million for the first quarter compared to QR 29 Million for the same period last year.

Mannai Corporation continues to actively pursue participation in domestic projects, focusing on ongoing and future developments within the country.

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