Qatar Navigation, the Doha-based company more commonly referred to as Milaha, had a bumper first half of its 2022 financial year as its overall net profit soared by 46% to QAR 641m ($176m) from QAR 438m for the same period in 2021.

The multi-sector shipping company benefited from strong earnings in the container and hydrocarbons sectors, which pushed up revenue in the six months ending on 30 June to QAR 1.77bn, as compared to the QAR 1.37bn