Mannai Corporation reported strong results in H1 2026 with a 44% net profit growth to QR101mn.
Revenue for the period stood at QR2.7bn, representing a 29% year-on-year increase from QR2.1bn. Gross profit rose by 19% to QR422mn, up from QR354mn in H1 2025.
EBITDA for the period increased by 17% to QR226mn, while EBIT stood at QR172mn.
Profit before tax reached QR114mn, reflecting a 51% increase over last year. Strong performances from the ICT Group and the Automotive Division were key contributors to the group’s H1 2026 results.
The ICT Group continued to generate growth through a strengthening order book and solid business execution, while the Automotive Division benefited from the successful expansion of the BYD franchise, which contributed significantly to volume growth and revenue generation during the period.
These achievements, together with lower financing costs, supported the group’s strong earnings growth and reinforce confidence in its outlook.
