Mubasher: The financial statements of Mannai Corporation showed a 1.4% year-on-year increase in profits for the first quarter of 2018.

Net profits amounted to QAR 91.4 million in Q1-18, compared to QAR 90.1 million in Q1-17, according to the company’s filing to the Qatar Stock Exchange (QSE) released late Sunday.

Earnings per share (EPS) reached QAR 1.99 for the first three months of 2018, versus EPS of QAR 1.97 for the same period of the prior year.

For the full-year 2017, Mannai’s profits went down 5.4% to QAR 506.147 million, from QAR 535.12 million in the year before.