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Mannai Corporation’s statement detailed a 19 per cent rise in gross profit to QR422 million from QR354 million in the first half of 2025, while profit before tax climbed 51 per cent to QR114 million. The group recorded EBITDA of QR226 million, up 17 per cent year on year, with EBIT reaching QR172 million during the period. These results reflect the diversified Qatar-based group’s continued momentum across its trading and services operations, the statement indicated.
Strong contributions came from the ICT Group, which advanced through a strengthening order book and effective business execution, the company reported. The Automotive Division benefited from the expansion of its BYD electric vehicle franchise, driving higher volumes and revenue generation as Mannai serves as the exclusive distributor in Qatar for the Chinese manufacturer. Lower financing costs across the group also supported the overall earnings improvement, according to the announcement.
Mannai Corporation QPSC operates as a diversified conglomerate listed on the Qatar Exchange under the ticker MCCS, with key activities spanning information and communications technology through its Mannai Technologies unit, automotive sales, energy and industrial markets, jewellery via Damas International, retail, logistics, travel, engineering and geological testing, its corporate overview shows. The group maintains a focus on delivering innovation-led solutions across these segments to stakeholders including customers, shareholders and employees. This breadth has enabled it to navigate market conditions while pursuing growth opportunities in Qatar and beyond.
The automotive segment’s progress builds on Mannai’s partnership with BYD that began several years ago, including the opening of dedicated showrooms to promote new energy vehicles in the local market, company announcements from prior periods confirm. ICT operations have similarly capitalised on demand for technology solutions that improve efficiency and connectivity for businesses in various industries, a company profile noted. These two divisions proved pivotal to the first-half results released on Tuesday.
Consolidated revenue for the six months ended in June totalled QR2.7 billion, rising from QR2.1 billion in the comparable 2025 period, the statement said. The performance reinforces the group’s positive trajectory following earlier periods of expansion, including full-year 2025 results that showed revenue growth and improved profitability before specific tax adjustments, separate Mannai filings indicate. Management expressed confidence in the outlook based on these achievements and ongoing operational strengths.
The earnings announcement arrives as Qatar’s economy continues to diversify beyond hydrocarbons, with sectors such as technology adoption and sustainable transport gaining emphasis in line with national development strategies, according to general economic assessments from regional authorities. Mannai’s results highlight how established conglomerates are positioning themselves within these evolving priorities through targeted franchise expansions and service enhancements. Further details on segment-level breakdowns and comparative historical data remain available through Qatar Exchange disclosures.
