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FINANCIAL NEWS
Mannai Corp net profit hits USD86.46m in H1
10 Aug 2014
(MENAFAN) Qatar’s Mannai Corporation registered a net profit of USD86.46 million in the January-June period of this year, reported by The Peninsula Qatar.
The first half figures showed a 31.5 percent rise compared to USD65.77 million in the same period of last year, the company stated.
The group recorded a notable surge in its first half profit despite a minimal decrease in revenue, which included a return of some debts.
“Overseas investments have contributed significantly to our earnings which has enabled the group to achieve a remarkable growth in profits,” the group’s CEO said.
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