Doha, Qatar–Qatar Navigation, also known as Milaha, has posted a 39.9% increase in net profit in 2022 to reach $278 million, in comparison to a net profit of $199 million for the same period of the previous year.
A statement released by the company and posted on Qatar Stock Exchange website said the earnings per share (EPS) amounted to QR 0.89 versus EPS QR 0.64 for the same period in 2021.
Also read: Milaha 2021 profit $199m
The board of directors decided to recommend to the general assembly to distribute a 35% cash dividend of the par value of a share, equivalent to QR 0.35 per share.