Dubai: Qatar Navigations (Milaha) raised its 2014 dividend and its fourth-quarter net profit jumped 32.8 per cent, Reuters calculations showed on Wednesday.
It made a net profit of 228.2 million riyals (Dh230 million, $62.7 million) in the three months ending December 31, up from 171.8 million riyals a year-ago.
The firm said it would pay a cash dividend for 2014 of 5.5 riyals per share, higher than the 5 riyals per share payout for 2013.