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Qatar Navigation net profit drops by 4 percent in Q1
(MENAFN) Qatar Navigation (Milaha) recorded a 3.6 percent decline in first quarter revenue for this year.
Moreover, the shipper's net profit was USD 96.7mn for the cited quarter, down from USD 100.2mn of 2015.
Additionally, the firm exposed a brief statement without elaborating on the cause of the fall in net profit.
On the other hand, it was predicted that the Qatar Navigation (Milaha) would make a net profit of USD 101.37mn.
Moreover, the shipper's net profit was USD 96.7mn for the cited quarter, down from USD 100.2mn of 2015.
Additionally, the firm exposed a brief statement without elaborating on the cause of the fall in net profit.
On the other hand, it was predicted that the Qatar Navigation (Milaha) would make a net profit of USD 101.37mn.
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