The shipowner, which specializesin LNG, LPG and product tankers, said net profits were QAR441m ($121m) from QAR418m a year ago.
Qatari-based Milaha saidoperatingrevenues were QAR1.16bn, largely unchanged from the QAR1.15bn for the firsthalf of 2011.
However, it said operating profits showed a year-on-year increase of6.6% to QAR320m.
Continuedweakness in product tanker rates and a weak first quarter for LPG resulted inlower profits for the gas & petrochemical segment relative to 2011.
However,Milaha’s
