Qatar Navigation Q.P.S.C. Reports Earnings Results for the First Quarter Ended March 31, 2025
Published on 05/01/2025 at 21:21
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Qatar Navigation Q.P.S.C. reported earnings results for the first quarter ended March 31, 2025. For the first quarter, the company reported sales was QAR 759.19 million compared to QAR 747.04 million a year ago. Net income was QAR 374.45 million compared to QAR 365.18 million a year ago.
Basic earnings per share from continuing operations was QAR 0.33 compared to QAR 0.32 a year ago.
Qatar Navigation QPSC offers maritime and logistics services. It operates in following segments: Milaha Capital, which provides corporate finance advisory services, portfolio of financial, and real estate investments, among others; Milaha Maritime and Logistics which offers logistics services, warehousing, container feeder shipping, non-vessel operating common carriers (NVOCC) operations, and bulk shipping, among others; Milaha Offshore, which provides offshore support services to the oil and gas industry; Milaha Trading, which is engaged in trading trucks, heavy equipment, machinery, and lubrication brands, among others; Milaha Gas and Petrochem, which owns, manages and operates a fleet of Liquefied petroleum gas (LPG) and Liquefied natural gas (LNG) carriers and provides ocean transportation services; and Milaha Corporate that provides necessary services, including corporate development and communications, internal audit, legal affairs, and shared services, among others.
