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Qatar Navigation Net Profit Increases 13% YoY in Q3 of 2023

Qatar Navigation recorded a 13 percent increase in its net profit for the nine-month period ending Sep. 30, 2023. The financial statements revealed a Net Profit of QR 870,000,000 in comparison to Net Profit QR 851,000,000 for the same period of the previous year.

The Earnings per Share (EPS) amounted to QR 0.77 as of Sep. 30 , 2023 versus EPS of QR 0.75 for the same period in 2022.

In this context, Lesha Bank made a Net Profit of QR 66,764,000 in comparison to Net Profit of QR 63,550,000 for the same period of the previous year, a 5.1 percent increase.

The Earnings per Share(EPS) amounted to QR 0.060 as of Sep. 30, 2023 versus EPS of QR 0.066 for the same period in 2022.

Qatar National Cement Co. made a Net Profit of QR 151,628,000 in comparison to Net Profit QR 170,732,000 for the same period of the previous year, an 11.18 percent decrease.

The Earnings per Share (EPS) amounted to QR 0.23 as versus EPS of QR 0.26 for the same period in 2022.

Source: Qatar News Agency

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