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Mannai reports net profit of QR 167 Million on revenue of QR 5.1 Billion

Company: Mannai Corporation
Release Date: August 5, 2018

Mannai Corporation reports Net Profit of QR 167 Million on revenue of QR 5.1 Billion for the first half of 2018.

Mannai Corporation EBITDA rose by 56% to QR 444 Million compared to QR 284 Million and Pre-tax profits rose by 25% to QR 209 Million compared to QR 167 Million in the previous year.

In line with the group strategy of diversifying geographically Mannai Corporation acquired additional 15.39% share in GFI Informatique, France during the first half of 2018 and currently holds 96.6%.

The group is well positioned to participate in the major infrastructure development projects and services sector in the State of Qatar and is optimistic of the future.

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