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FINANCIAL NEWS
Mannai profit jumps 12 percent
28 Oct 2013
(MENAFN) Mannai Corporation in Qatar said that its net profit for the first three quarters increased to USD77.4 million, recording a 12.3 percent increase over the corresponding period last year, The Peninsula Qatar reported.
Total revenues for the company logged a 27 percent increase from the same nine-month period in 2012, going up from USD853.68 million to USD1.09 billion.
“Mannai Corporation is working towards building a strong international business,” the Group Chief Executive Officer and Director said adding that the company is “well into realising that vision with more than 55 percent of total profits attributable to international assets held by Mannai Corporation.”
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