Business
QNNS: Revenue up 15% year-over-year, but net profit fell to QR 296.5 million amid rising costs
QNNS: Revenue up 15% year-over-year, but net profit fell to QR 296.5 million amid rising costs
About this update from Qatar Navigation Qsc
Operating revenues grew 15% year-over-year, but net profit declined to QR 296.5 million due to higher costs and lower operating profit margin. The Group paid QR 511 million in dividends and is actively managing risks from heightened Middle East geopolitical tensions.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
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