Milaha takes a dive in the 2nd quarter

Qatar-based shipping and offshore conglomerate Milaha experienced a decline in the second quarter 2014, though the group still achieved a USD 142 million profit, according to data submitted to the Qatar Stock Exchange.

BY KATRINE GRØNVALD RAUN

Qatar Navigation, which goes by the name Milaha, experienced a decline in the second quarter of 2014, the company informs the Qatar Stock Exchange, landing a profit of USD 142 million (QAR 518.29 million) compared to USD 157 million (QAR 573.75 million) in the same period last year.

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