Milaha Profits Rise 5%, While Medicare and Ezdan Experience Profit Declines

Doha: Qatar Navigation Q.P.S.C. (Milaha) announced its results for the first three quarters of the year ending Sep. 30, which saw profits rise 5.4 percent from QR 917 million to QR 870 million. The Earnings per Share(EPS) amounted to QR 0.81 as of Sep. 30, compared to QR 0.77 for the same period in 2023 . Meanwhile Medicare Group Co. reported a net profit of QR 36 million in the first nine months, down from QR 50 million in profit for the same period of the previous year. The Earnings per Share amounted to QR 0.128 for the period, compared to QR 0.179 during the first three quarters of 2023. Ezdan Holding Group for its part saw its nine-month profit decline to QR 204.2 million from QR 219.7 million during the same period of the previous year. Source: Qatar News Agency