CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

Business / Qatar Business

Mannai Corporation revenue at QR2.5bn in Q1

Published: 30 Apr 2018 - 11:36 am | Last Updated: 10 Nov 2021 - 06:44 am

The Peninsula

DOHA: Mannai Corporation has announced its first quarter results for the period ended 31st March 2018. The company’s EBITDA rose by 44 percent to QR215m on revenues of QR 2.5bn in Q1.

Profit before Interest and Tax increased 34 percent to QR166m and profit before Tax rose by 20 percent to QR108.4m.

The results include the consolidation of our increased stake in GFI France from 51.24 percent to 81.21 percent during the last 12 months.

“We continue to actively pursue participation in projects in the domestic economy in terms of future development in 2018,” Mannai Corporation said in a statement.