Doha, Qatar: Qatar Navigation Q.P.S.C. (Milaha), the industry-leading provider of maritime and logistics solutions in the region, announced its financial results for the six months ended June 30, 2026.
Milaha Maritime & Logistics’ bottom line decreased by QR16m compared to the same period in 2025, driven by lower container volumes handled under our port operations joint arrangement due to the regional conflict.
Milaha Gas & Petrochem reported a QR12m decline in net profit compared to the same period in 2025, mainly due to the divestment of two very large gas carriers (VLGCs) in 2025 and lower income from our partially owned LNG associate companies.
Milaha Offshore’s net profit decreased by QR85m compared to the same period in 2025, primarily due to the impact of the regional conflict, which adversely affected revenue
and increased operating costs.
Milaha Marine & Technical Services reported a QR16m decline in net profit compared to the same period in 2025, mainly due to higher bad debt provisions at our shipyard unit, and lower income due to disruptions linked to the regional conflict.
Milaha Capital recorded a QR2m decline in net profit compared to the same period in 2025, driven by the internal transfer of warehouses to the Maritime & Logistics segment.
The company will conduct an investor conference call on Tuesday August 4, 2026, at 14:00 Doha time, to further discuss its results.
Additionally, the company said that the conference call may be accessed by telephone by dialling Qatar Toll Free Number 00 800 101 734 and entering the Conference ID: 8835791.
