Net profit of Milaha fell down to USD37.5m


(MENAFN) Qatari Leading naval and logistics corporation Milaha said its net profit fell from last year's USD208 million to USD37.5 million for the first nine months of 2017.

Announcing the results for the nine months ended on September 30, 2017, Milaha said its operating revenues too registered a sharp decline hitting USD455.9 million from last year's USD546.54 million.

Compared to last year's USD140.9 million operating profit, it recorded USD54.93 million this year, Qatar Navigation company stated.

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