Doha: Mannai Corporation QPSC, yesterday announced its results for the nine months ended 30th September 2021. Mannai Corporation reported revenues of QR10.6bn for the nine months ended September 30, 2021, a growth of 24 percent compared to revenues of QR8.5bn for same period last year 2020, driven by growth across all major business divisions.
EBITDA increased to QR918m for the nine months ended September 30, 2021, an improvement of 79 percent compared to the EBITDA of QR512m for the same period last year 2020.
Net Profit for the nine months ended September 30, 2021 increased to QR190m, an improvement of QR390m compared to the QR200m loss in the same period last year 2020 due to the COVID-19 related disruptions.
Keith Higley, Director, said, “We are pleased to report robust growth in 2021 and a net profit of QR190m for the nine months ended September 2021, with all of our major business lines continuing to rebound and showing strong growth following the challenging year of 2020.”
