FINANCIAL NEWS

Qatar’s Mannai Corp records QR535mn revenue

01 Mar 2017

(MENAFN) Mannai Corp Group posted net profit of QR535mn for the whole year ended Dec 2016, while its revenue reached QR4.88bn amid the period.

Furthermore, the firm is pleased to announce that it increased the net profit to QR535mn from the previous year’s QR533mn, despite hard market conditions.

In addition, earnings per share improved to QR11.73 and return on equity reached almost 22 percent.

The company recommended 40 percent cash dividend for last year, which would be shown before the shareholders at the annual general assembly meeting.

MENAFN0103201700450000ID1095275684

MENAFN0103201700450000ID1095275684

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