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Business / Qatar Business

Mannai Corporation first half 2025 gross profit grew by 7.3 percent

Published: 14 Aug 2025 - 10:23 am | Last Updated: 14 Aug 2025 - 10:23 am
Peninsula

The Peninsula

Doha, Qatar: Mannai Corporation QPSC yesterday announced its financial results   for the first half of the year ending 30th June 2025.
The Corporation reported a revenue from continued operations of QR2.1bn for the first half of the year, reflecting a 7% increase compared to the same period last year. The Group’s gross profit rose by 7.3% to QR354m compared to the first half of 2024. Group Earnings before Interest, Taxes, Depreciation, and Amortization for the period amounted to QR198m. The Group’s earnings before tax increased by 3.6%, reaching QR71m for the first half of the year, compared to QR 69m for the same period last year.
Group Net Profit for the period increased by 4% to QR70m compared to QR67m for the same period last year. The Board of Directors of Mannai Corporation QPSC have scheduled an Extraordinary General Assembly to be held on Monday, 8th September 2025 to consider, discuss and approve the share sale of 67% in Damas international limited to Titan Group.