Qatar Navigation (Milaha) Net Profit Up 10%
to QR 516 Million in 2018
February 25, 2019
Milaha disclosed its financial
statements for the year ended 31/12/2018. The statements show a
net profit of QR516 million, compared to QR470 million for the
previous year.
The company’s earnings per share
amounted to QR4.54 for the year ended 31 December 2018, versus
QR4.14 in the corresponding period of 2017.
Qatar Navigation’s Board of Directors
recommended the distribution of cash dividends at the rate of
30% of the nominal value of the share, equivalent to QR 3.00 per
share, subject to the approval of the General Assembly that will
be held on 18 March 2019, at 4:30pm at the Four Seasons Hotel -
Doha.
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