Qatar Navigation QscQSE: QNNS

QNNS: Revenue and profit declined, but Gas & Petrochem and Capital segments delivered growth

· Issued by Qatar Navigation Qsc

H1 2024 saw a 5% revenue decline and 3% lower net profit, with Maritime & Logistics and Trading underperforming, while Gas & Petrochem and Capital segments posted profit growth. Container shipping faces rate pressure, but stable earnings expected from long-term contracts.

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