Mannai Corporation Net Profit Down 20% to QR 407.1 Million in 2018

February 26, 2019

Mannai Corporation disclosed its audited financial statements for the period ended 31/12/2018. The statements show a net profit of QR 407.1 million, a decrease of 20% compared to QR 506.1 million recorded in the same period last year.

Mannai’s earnings per share amounted to QR 8.92 versus QR 11.09 for the corresponding period of 2017.

The Board decided to call the Ordinary and Extraordinary General Assembly meetings to convene on 27/03/2019. The Board also recommended the distribution of QR2 in cash dividends 2 per share, subject to the approval of shareholders.