Mannai Corporation QPSC (Qatar Exchange: MCCS) 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 Q1.
Net profit for the first 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 our Information Communication & Technology (ICT) Division.