Qatar Navigation QscQSE: QNNS

QNNS: Net profit up 5% Y/Y, strong Q3, major CapEx ahead, and low leverage position

· Issued by Qatar Navigation Qsc

Net profit rose 5% year-over-year for the first nine months of 2024, with strong Q3 recovery and improved margins in Offshore. Major CapEx investments are planned for new contracts, while debt remains low and tax exposure is being actively managed.

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