CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

Business / Qatar Business

Qatar Navigation’s net profit jumps 39.9% in 2022

Published: 16 Feb 2023 - 08:57 am | Last Updated: 16 Feb 2023 - 09:05 am

QNA

Doha: Navigation’s net profit jumped 39.9 percent in 2022 to reach QR1,013,000,000, in comparison to a net profit of QR724,000,000 for the same period of the previous year.

A statement released by the company and posted on Qatar Stock Exchange website said the Earnings per share (EPS) amounted to QR 0.89 versus EPS QR 0.64 for the same period in 2021.

The Board of Directors decided to recommend to the General Assembly to distribute a 35% cash dividend of the par value of a share, equivalent to QR 0.35 per share.