Mannai Corporation reported revenue of QR 1.3 billion for the first quarter of 2026, representing a 29% increase compared to QR 1.04 billion in the same period last year. Gross profit rose by 8.1% to QR 188 million, up from QR 174 million in Q1 2025.
Group earnings before interest, taxes, depreciation and amortization (EBITDA) for the period increased by 10% to QR 102 million, while EBIT grew by 5% to QR 75 million. Profit before tax reached QR 43 million, reflecting a 28% increase over last year's first quarter, and net profit for the quarter increased by 22% to QR 41 million.
It was a strong start to the year, with increasing revenues, reduced interest costs, and further growth in the order book for future business in the Information Communication & Technology (ICT) division.
Source: Mannai Corporation
