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Mannai reports profit of QAR150 mln in Q1

Mannai reports profit of QAR150 mln in Q1
Mannai
MCCS
-1.27% 3.90 -0.05
Mannai Corporation (MCCS) reported a net profit of QR150.1mn in 1Q2014, reflecting a YoY increase of 73% compared to QR86.6m in 1Q2013. Revenue increased to QR1.4bn in 1Q2014, up by 4% compared to QR1.3bn during the same period in 2013. Earnings per share (EPS) stood at QR3.29 in 1Q2014 vs. QR1.90 in 1Q2013, according to Peninsula Qatar.