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Qatar Navigation posts net profit of USD195mn
(MENAFN) Qatar Navigation (Milaha) has posted an income of USD195mn for 2016 compared to USD300mn posted in 2015.
Accordingly, the firm proclaimed that its operating profit reached QR555mn compared to QR855mn recorded in 2015.
In addition, it"s maritime and logistics' unit posted a net profit of QR144mn for the year ended 2016 compared to QR264mn reported in 2015.
However, the Qatari group's gas and petroleum unit experienced a drop in income reaching QR415mn for the year ended 2016 compared to QR457mn in 2015.
Accordingly, the firm proclaimed that its operating profit reached QR555mn compared to QR855mn recorded in 2015.
In addition, it"s maritime and logistics' unit posted a net profit of QR144mn for the year ended 2016 compared to QR264mn reported in 2015.
However, the Qatari group's gas and petroleum unit experienced a drop in income reaching QR415mn for the year ended 2016 compared to QR457mn in 2015.
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