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الشرق
Malathah reports 542M riyals net profit
Qatar Navigation Company announced its financial results for the first half of 2026, recording a net profit of 542 million Qatari Riyals, a decline of approximately 19% compared to the same period in 2025, which posted 672 million Riyals. Despite an increase in operating revenues to 1.683 billion Riyals from 1.593 billion Riyals, operating profits decreased to 265 million Riyals from 354 million Riyals, due to the impacts of regional conflicts and a decline in container handling volumes. The company also reported a decrease in profits from the gas, petrochemicals, and offshore services segments, attributed to gas sale transactions and the fallout from conflicts. The company will discuss its results during the investor call scheduled for August 4, 2026.
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