Mannai Corporation’s Net Profits Jump by 46.4 Percent

Industry

Mannai Corporation's net profits jumped by 46.4 percent in the period ending Sep. 30, 2024, to reach QR 62.501 million, compared to a net profit of QR 42.692 million in the same period of 2023. Figures issued by the company and posted Tuesday on the Qatar Stock Exchange website showed an increase in earnings per share to QR 0.14 for the third quarter of 2024, compared to earnings per share of QR 0.09 in the same period of the previous year. On the other hand, the net profits of Gulf Warehousing Company (a Qatari public shareholding company) fell by 11.95 percent to QR 147.086 million in the first nine months of 2024, compared to a net profit of QR 167.060 million in the same period last year. Figures issued by the company and posted on the Qatar Stock Exchange website showed a decline in earnings per share to QR 0.251 in the period ending September 30, 2024, compared to earnings per share of QR 0.286 in the same period of the previous year. The net profits of Meeza QSTP (a public limited liability company ) also declined by 8.7 percent in the first nine months of 2024 to reach QR 41.998 million, compared to QR 46.017 million in the same period last year. Data issued by the company and posted on the Qatar Stock Exchange website showed a decline in earnings per share to QR 0.06 in the period ending September 30, 2024, compared to QR 0.07 in the same period of the previous year. In turn, Dlala Brokerage and Investment Holding Company (a Qatari public shareholding company) reduced its net losses in the first nine months of 2024 to QR 721,000, compared to QR 4.601 million in the same period last year. The loss per share amounted to QR 0.004 for the third quarter of 2024, compared to the loss per share of QR 0.024 in the same period of the previous year Source: Qatar News Agency