Milaha (Qatar Navigation) has posted a net profit of QR1.058bn in the nine months that ended in September, up 15% on the same period in 2024.
The company earned operating revenues of QR2.46bn, compared to QR2.13bn for the same period in 2024.
Operating profit recorded was QR516mn for the nine months that ended in September compared to QR445mn for the same period in 2024
Milaha’s earnings per share increased to QR0.93 for nine months that ended in September, compared to QR0.81 for the same period in 2024.
Milaha Maritime & Logistics’ net profit increased by QR6mn, driven by improved results in our port operations joint arrangement.
Milaha Gas & Petrochem’s net profit increased by QR115mn compared to the same period in 2024, boosted by an QR84mn one-time gain on the sale of our two very large gas carriers (VLGC’s) in the third quarter of 2025, and strong results from our associate companies.
Milaha Offshore’s net profit increased by QR61mn, driven by increased project activity and new vessel capacity.
Milaha Capital’s net profit decreased by QR41mn, mainly resulting from reduced dividend income in the investment unit, stemming from a one-time additional mid-year payout in 2024 within our local equities portfolio.
Milaha Trading’s bottom line decreased by QR1mn compared to the same period in 2024, due to decreased sales and repairs of heavy equipment.
The company earned operating revenues of QR2.46bn, compared to QR2.13bn for the same period in 2024.
Operating profit recorded was QR516mn for the nine months that ended in September compared to QR445mn for the same period in 2024
Milaha’s earnings per share increased to QR0.93 for nine months that ended in September, compared to QR0.81 for the same period in 2024.
Milaha Maritime & Logistics’ net profit increased by QR6mn, driven by improved results in our port operations joint arrangement.
Milaha Gas & Petrochem’s net profit increased by QR115mn compared to the same period in 2024, boosted by an QR84mn one-time gain on the sale of our two very large gas carriers (VLGC’s) in the third quarter of 2025, and strong results from our associate companies.
Milaha Offshore’s net profit increased by QR61mn, driven by increased project activity and new vessel capacity.
Milaha Capital’s net profit decreased by QR41mn, mainly resulting from reduced dividend income in the investment unit, stemming from a one-time additional mid-year payout in 2024 within our local equities portfolio.
Milaha Trading’s bottom line decreased by QR1mn compared to the same period in 2024, due to decreased sales and repairs of heavy equipment.