Mannai Corporation Reports QR 279.2 Million in Net Profit

Doha, February 28 (QNA) - The Mannai Corporation has disclosed the financial statements for the year ended December 31, 2011. The financials revealed a net profit of QR 279.2 million in 2011 versus QR 230.8 million in 2010, the company said in a statement published on (Qatar Exchange) website. The company's earnings per share (EPS) in 2011 amounted to QR 9.01 versus QR 7.71 in 2010. The Mannai Group was founded in 1951. It became a Public Company and its shares were listed on the Qatar Exchange in 2007. The Mannai Corporation offers the broadest range of products and services of all private sector companies in Qatar, with businesses spanning the oil and gas sector, automotive distribution, information and communication technology, consumer products, travel services, logistics and representation and others. (QNA)