The diversified shipowner said net profit for the period stood at QAR 820.8m ($225m).

This figure beats the QAR 778m profit posted in the corresponding period.

Milaha’s latest performance was translated into QAR 7.22 earnings per share, up from QAR 6.85 during the prior year.

It owns a fleet of 39 vessels, including boxships, tugs and bulkers.