"We expect to continue this positive momentum across our broad range of businesses during the reminder of the year," the company said in a statement.
Group revenue for the nine-month period was QR4.1bn, an increase of QR114m over last year same period, mainly driven by growth in the jewellery business.
The company’s earnings before interest, taxes, depreciation and amortisation (Ebitda) for the period stood at QR376mn against QR365mn the same period last year. The group earnings before interest and taxes amounted to QR236mn.
The statement also said Michael Deeter, chief executive officer Qatar, is stepping down on October 31, to pursue other interests. The board has accepted his resignation and thanked Deeter for his contribution to Mannai over the last four years.
Related Story
