Mannai Corporation revenues jump 29% to QR1.3bn in Q1

“Mannai Corporation has reported revenues ofQR1.3bn in the first quarter (Q1) of 2026, representing a year-on-year 29% increase. Gross profit rose by 8.1% to QR188mn in the review period. The group earnings before interest, taxes, depreciation and amortisation (Ebitda) rose 10% to QR102mn, while EBIT grew by 5% to QR75mn. Profit before tax reached QR43mn in Q1-2026, reflecting a 28% increase on an annualised basis. Net profit increased by 22% to QR41mn in Q1-2026. “It was a strong start to the year with increasing revenues, reduced interest costs and further growth in the order book for future business in our Information Communication and Technology (ICT) division,” said a company spokesman.

Summary generated from the RSS feed of Gulf Times Qatar. All article rights belong to the original publisher. Click through to read the full piece on www.gulf-times.com/qatar.