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MANNAI CORPORATION REPORTS STRONG RESULTS FOR FIRST HALF 2026 NET PROFIT INCREASED BY 44%, GROSS PROFIT QR 422 MILLION ON CONSOLIDATED REVENUE OF 2.7 BILLION

Company: Mannai Corporation
Release Date: August 12, 2026

Mannai Corporation QPSC (Qatar Exchange: MCCS) reported revenue of QR 2.7 billion for the first half of 2026, representing a 29% increase compared to QR 2.1 billion in the same period last year.

Gross profit rose by 19% to QR 422 million, up from QR 354 million in H1 2025.

Group Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) for the period increased by 17% to QR 226 million, while EBIT stood at QR 172 million.

Profit before tax reached QR 114 million, reflecting a 51% increase over last year.

Net profit for the first half increased by 44% to QR101 million.

Strong performances from the ICT Group and the Automotive Division were key contributors to the Group’s H1 2026 results.

The ICT Group continued to generate growth through a strengthening order book and solid business execution, while the Automotive Division benefited from the successful expansion of the BYD franchise, which contributed significantly to volume growth and revenue generation during the period. These achievements, together with lower financing costs, supported the Group’s strong earnings growth and reinforce confidence in its outlook.

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