Sunday, 27 May 2018 05:03 GMT

Milaha net profit up 14 percent

(MENAFN) Qatar Navigation (Milaha) announced that its net profit last year increased 14 percent from the year before it, The Peninsula Qatar reported

The company said that its net profit hit USD260.6 million in 2013, up 14 percent from USD229 million registered in 2012

Operating revenues edged down from USD628.2 million in 2012 to USD614.5 last year, dropping 2 percent

The firm's board of directors decided to recommend the distribution of a cash dividend of USD1.37 per share

Milaha net profit up 14 percent

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