The Qatar Navigation Company announced yesterday, Tuesday, its financial results for the year ended December 31, 2019, where the results showed an increase in net profit last year by 6% on an annual basis. .

According to a company statement seen by (Namazon site), net profit in the past year was 547 million riyals, compared to a profit of 516 million riyals for the year 2018.

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Operating revenue reached 2.40 billion riyals in the last year, compared to 2.42 billion riyals in 2018, a slight decrease of 0.8%.

Operating profits declined last year to reach 283 million riyals, compared to a profit of 401 million riyals in 2018, a decrease of 29.4%.

< The General Navigation Board, to be held on March 22, 2020, recommended distributing 30% cash dividends for the previous year, equivalent to 0.3 riyals per share. .