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FINANCIAL NEWS
Qatar’s Milaha confirms 50 percent cash payment
17 Mar 2016
(MENAFN) Milaha reported a net profit of USD 0.29bn for the whole-year ended 2015, a 4 percent increase compared to the same period in 2014.
Moreover, the firm’s operating incomes increased by 14 percent to USD 0.82bn, up from USD 0.72bn from a year ago.
Additionally, the operating profit of the firm grew 18 percent to USD 211.80mn, up from USD 179.97mn.
The company’s earnings per share increased to USD 2.64 across the year, up from USD 2.53 for the same period in 2014.
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