Gulf Times - revenue
Qatar Airways Group’s revenue increases to QR51.1bn in fiscal 2020

Qatar Airways Group’s revenue increases to QR51.1bn in fiscal 2020

*The national airline invested QR16.8bn in fleet and other assets and had a cash balance of QR7.3bn at year end *Qatar Airways carried 32.4mn passengers in 2019-20, an increase of 9.8% over last financial year

Baladna posts 7-month net profit of QR84mn; revenue reaches QR442mn

Baladna posts 7-month net profit of QR84mn; revenue reaches QR442mn

By continually focusing on “driving business efficiency through actively streamlining all aspects of the value chain”, Baladna posted a nearly seven-month net profit of QR83.9mn, equivalent to 19% of its revenue.

Mideast airlines may lose $24bn revenue this year on Covid-19 impact: IATA

Mideast airlines may lose $24bn revenue this year on Covid-19 impact: IATA

Airlines in the Middle East could lose $24bn of passenger revenue this year compared to 2019, as carriers in the region continue to be battered by the impact of Covid-19 ...

Mannai Corporation reports QR1.1bn Ebitda on consolidated QR11.6bn revenue

Mannai Corporation reports QR1.1bn Ebitda on consolidated QR11.6bn revenue

Mannai Corporation reported a 7.6% increase in revenue to reach QR11.6bn in 2019 over QR10.8bn in the previous year, driven by solid growth ...

Aamal posts QR322mn profit on revenue of QR1.29bn in 2019

Aamal posts QR322mn profit on revenue of QR1.29bn in 2019

Aamal Company, a leading diversified group in the Gulf region, has reported net profit of QR322mn on revenue of QR1.29bn in 2019 and suggested 4% cash dividend.

Baladna forecasts expansion, revenue growth by 2019-end

Baladna forecasts expansion, revenue growth by 2019-end

Qatar’s dairy production leader, Baladna Food Industries (BFI), is expecting to expand its product portfolio in the Qatari market, and is forecasting further revenue growth by the end of the year, according to a senior official.

Baladna sales revenue scales up to QR36mn per month in second quarter

Baladna sales revenue scales up to QR36mn per month in second quarter

Driven by significant capital investments to expand its production infrastructure, Baladna Food Industries (BFI) has seen its revenues scale up to QR36mn per month in second quarter of 2019 ...

Qatar Airways posts 14% year-on-year revenue expansion in 2018-19

Qatar Airways posts 14% year-on-year revenue expansion in 2018-19

Qatar Airways has witnessed 14% year-on-year expansion in overall revenue and other operating income during 2018-19, indicating the national carrier's ‘robust’ financial health ...

Mannai Corporation’s half yearly revenue increases 10% to QR5.7bn

Mannai Corporation’s half yearly revenue increases 10% to QR5.7bn

Mannai Corporation’s half yearly revenue increased by 10% to QR5.7bn compared to QR5.1bn in the same period last year.

Gulf International Services H1 revenue up 17% to QR1.5bn

Gulf International Services H1 revenue up 17% to QR1.5bn

Gulf International Services (GIS) has earned a revenue of QR1.5bn and a net profit of QR29mn in the six-month period up to June.

Jet fuel prices rise above $90, highest since Nov 2014

Jet fuel prices rise above $90, highest since Nov 2014

The current jet fuel price is nearly 55% higher than it was a year ago, IATA said on Thursday.

Shares soar as Twitter eyes profit by year-end

Shares soar as Twitter eyes profit by year-end

Shares in Twitter leapt 14% in early trade to $19.68 on the back of investor optimism at its third quarter results -- even though the firm posted ongoing losses and a dip in revenue.