Qatar Navigation QPSC operates in the Deep sea foreign trans. of freight sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Qatar Navigation QPSC with three other
freight shipping companies in Middle East:
National Shipping Company Of Saudi Arabia
of Saudi Arabia
sales of 6.23 billion Saudi Riyals [US$1.66 billion]
of which 62%
was Crude Oil Transportation),
Gulf Navigation Holding PJSC
of United Arab Emirates
(137.93 million Arab Emirates Dirhams [US$37.55 million]
Egyptian Transport and Commercial Services
based in Egypt
(352.30 million Egyptian Pounds [US$19.98 million]
Qatar Navigation QPSC reported sales of 2.49 billion Qatari Riyals (US$684.16 million)
December of 2017.
decrease of 2.4%
versus 2016, when the company's sales were 2.55 billion Qatari Riyals.
The sales level in 2017 was fairly close to the level five years ago: in 2012, Qatar Navigation QPSC had sales
of 2.35 billion Qatari Riyals.
Contributing to the drop in overall sales was the 21.3% decline
in Milaha Offshore, from 573.03 million Qatari Riyals to 450.88 million Qatari Riyals.
There were also decreases in sales in
Milaha Maritime and Logistics (down 5.9% to 945.07 million Qatari Riyals)
Milaha Gas and Petrochem (down 15.0% to 387.25 million Qatari Riyals)
Milaha Trading (down 2.6% to 304.05 million Qatari Riyals)
However, these declines were partially offset by the increase in sales of
Milaha Capital (up 64.4% to 672.48 million Qatari Riyals)