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DOHA: Mannai Corp-oration has posted a net profit of QR 299.9m for the nine month period ended September 30, 2012, up 47 percent over the same period last year. Revenue increased 98 percent compared to the same period as last year. Net Profit attributable to the Group is QR 258.4m compared to QR 203.6m for the same period in the previous year.
Alekh Grewal, Group Chief Executive Officer, said: “The strategy of expanding geographically has contributed to the substantial growth in revenue and profits”. Basic earnings per share have risen from QR7.14 to QR7.55 during the 9 month period.