The Milaha Group, headquartered in Doha, Qatar, noted an overall slide in revenue and profits in the first quarter of the year where the company's gas carrier Milaha Gas & Petrochem was the only business unit to deliver an improved result.
The group finished the first quarter 2016 with a net profit of 352 million Qatari riyal, around USD 97 million, down 3.5 percent from 365 riyal in the same period last year. Revenue decreased 1.9 percent to 771 million riyal from 786 million riyal in the first quarter 2015.
Already a subscriber? Log in.
Read the whole article
Get 14 days free access.
No credit card required.
Get full access for you and your coworkers.Start a free company trial today
Your trial for ShippingWatch has now started
With your free trial you get:
Full access to all locked articles on ShippingWatch.
Daily newsletter and ongoing top-newsletters. You can unsubscribe and subscribe to our newsletters anytime.
When your trial period expires
You will not be transferred to a paid subscription.
You will continue to receive our newsletters after the trial period expires. You can unsubscribe at the bottom of each newsletter.