File photo: Mannai Corporation
Doha, Qatar: Mannai Corporation yesterday announced its financial results for the nine-month period ended 30 September 2025, reflecting strong growth across its major business segments.
The Group achieved a consolidated revenue of QR3.5bn for the period, representing a 15% increase over the same period last year. This growth was primarily driven by ICT and Automotive segments.
Gross profit surged by 16% to QR565m, compared to QR488m in the prior year period. The improvement in gross profit is attributed to both revenue growth and enhanced margins.
Group Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) reached QR308m, up from QR274m last year. Earnings Before Interest and Taxes (EBIT) stood at QR231m for the period.
The net profit before tax amounted to QR105m. Group net profit after tax increased by 62% to QR101m, compared to QR63m for the same period last year. Earnings per share for the nine-month period were QR0.22, up from QR0.13 in the prior year.
Mannai Corporation expects to maintain this positive momentum throughout the remainder of the year and beyond.
