Doha, Qatar–Qatar Navigation (Milaha) net profit rose1.1 percent in the first half of 2023, reaching $178 million compared to $176 million during the same period in 2022.
Figures issued by the company and published on Qatar Stock Exchange (QSE) website indicated that Earnings per share (EPS) amounted to QR 0.57 as of 30th June 2023 versus Earnings per share (EPS) of QR 0.56 for the same period in 2022.
The company 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.
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.
