OREANDA-NEWS. Qatar Navigation Company (Milaha) disclosed its financial statements for the year ended 31.12.2015. The statements show that the net profit is QR 1.095 billion Compared to a net profit of QR 1.049 billion for the previous year.

Earnings per Share (EPS) amounted to QR 9.63 for the year ended December 31, 2015 compared to EPS of QR 9.23 for the previous year.

The Board of Directors decided to recommend to the General Assembly to distribute a 50% cash dividend, equivalent to QR 5 per.

The Board of Directors also decided to invite the ordinary general assembly to convene on March 16, 2016. If the quorum is not met, the second meeting will be held  on March 29, 2016.