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:
Qatar Gas Transport Company QPSC
sales of 3.24 billion Qatari Rial [US$890.32 million]
of which 100%
was Gas Transport),
Gulf Navigation Holding PJSC
of UNITED ARAB EMIRATES
(166.26 million UAE Dirham [US$45.27 million]
of which 96%
was Vessel owning and Chartering), and
Egyptian Transport and Commercial Services
based in EGYPT
(247.04 million Egyptian Pounds [US$15.86 million]
Qatar Navigation QPSC reported sales of 2.40 billion Qatari Rial (US$659.34 million)
December of 2019.
decrease of 0.6%
versus 2018, when the company's sales were 2.42 billion Qatari Rial.
The sales level in 2019 was fairly close to the level five years ago: in 2014, Qatar Navigation QPSC had sales
of 2.63 billion Qatari Rial.
Contributing to the drop in overall sales was the 25.9% decline
in Milaha Gas and Petrochem, from 389.23 million Qatari Rial to 288.38 million Qatari Rial.
There were also decreases in sales in
Milaha Capital (down 10.0% to 464.90 million Qatari Rial)
Milaha Trading (down 15.4% to 251.50 million Qatari Rial)
However, these declines were partially offset by the increase in sales of
Milaha Maritime and Logistics (up 2.8% to 929.91 million Qatari Rial)
Milaha Offshore (up 31.5% to 752.48 million Qatari Rial)