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:
Gulf Navigation Holding PJSC
of UNITED ARAB EMIRATES
(2020
sales of 145.85 million UAE Dirham [US$39.71 million]
),
Qatar Gas Transport Company QPSC
(3.57 billion Qatari Rial [US$989.42 million]
of which 100%
was Gas Transport), and
Egyptian Transport and Commercial Services
which is
based in EGYPT
(216.07 million Egyptian Pounds [US$13.77 million]
).
Sales Analysis.
Qatar Navigation QPSC reported sales of 2.27 billion Qatari Rial (US$628.59 million)
for the
year ending
December of 2020.
This
represents
a
decrease of 5.6%
versus 2019, when the company's sales were 2.40 billion Qatari Rial.
Contributing to the drop in overall sales was the 34.3% decline
in Milaha Trading, from 251.50 million Qatari Rial to 165.23 million Qatari Rial.
There were also decreases in sales in
Milaha Maritime and Logistics (down 7.4% to 860.64 million Qatari Rial)
and
Milaha Capital (down 11.2% to 412.78 million Qatari Rial)
.
However, these declines were partially offset by the increase in sales of
Milaha Offshore (up 1.3% to 762.16 million Qatari Rial)
and
Milaha Gas and Petrochem (up 3.3% to 297.98 million Qatari Rial)
.