Mannai’s EBITDA (earnings before interest, tax, depreciation and amortisation) rose by 56% to QR444mn compared to QR284mn, and pre-tax profits rose by 25% to QR209mn compared to QR167mn in the previous year.
In line with the group’s strategy of diversifying geographically, Mannai acquired additional 15.39% share in GFI Informatique, France during the first half of 2018 and currently holds 96.6%.
“The group is well positioned to participate in the major infrastructure development projects and services sector in the state of Qatar and is optimistic of the future,” Mannai said.