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Doha, Qatar: Mannai Corporation (Qatar Exchange: MCCS) reported revenue of QR1.3bn for the first quarter of 2026, representing a 29% increase compared to QR1.04bn in the same period last year.
Gross profit rose by 8.1% to QR188m, up from QR174m in Q1 2025. Group Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) for the period increased by 10% to QR102m, while EBIT grew by 5% to QR75m.
Profit before tax reached QR43m, reflecting a 28% increase over last year Q1.
The net profit for the first quarter increased by 22% to QR41m.
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 & Technology (ICT) Division.
