Doha – Mubasher: Mannai Corporation reported on Thursday a net profit of QAR 94.5 million ($25.93 million) for the second quarter of the fiscal year 2016, 14.9% down from QAR 111 million ($30.45 million) for Q2-15.

Net profit amounted to QAR 219.6 million in the first half of fiscal 2016, falling by 20.53% compared to QAR 276.3 million reached in H1-15, according to a bourse filing.

Mannai earlier posted a net profit of QAR 125.1 million for Q1-16, 24.3% down from QAR 165.3 million) for Q1-15.