# Milaha Reports QR958 Million Nine-Month Net Profit as Revenue Reaches QR2.61 Billion > Milaha reported a nine-month net profit of QR958 million with earnings per share of QR0.84, as operating revenue rose to QR2.61 billion and profit hit QR546 million. - Published: 2026-10-26T19:36:48+00:00 - Section: Earnings & Results - Author: News Desk - URL: https://newsforagent.com/news/2026-10-26/milaha-nine-month-net-profit - Source: [Gulf Times](https://www.gulf-times.com/article/736775/business/milaha-posts-nine-month-net-profit-of-qr958mn) ## Key takeaways - Milaha reported a nine-month net profit of QR958 million for the period ended September 30, 2026, with earnings per share of QR0.84. - Operating revenue rose to QR2.61 billion and operating profit reached QR546 million, helped by strategic vessel redeployment and favorable freight rates. - Milaha Gas & Petrochem posted a QR142 million decline in net profit, including QR111 million tied to 2025 divestment gains from the sale of two very large gas carriers. [Milaha](https://akta.pro/company-profiles/0008kqs/milaha) reported a net profit of QR958 million for the first nine months of 2026, with earnings per share of QR0.84 for the period ended September 30. The [Gulf Times](https://www.gulf-times.com/article/736775/business/milaha-posts-nine-month-net-profit-of-qr958mn) reported the results. Operating revenue rose to QR2.61 billion and operating profit reached QR546 million. ## Milaha's Nine-Month Results and Segment Performance Milaha is a diversified Qatari maritime and logistics conglomerate providing container shipping, freight forwarding, offshore vessel services, LNG and LPG transportation, shipyard repair, and real estate investments to enterprise and government clients across the MENA region, according to [company records](https://akta.pro/company-data). Earnings per share was QR0.84 for the nine months ended September 30, compared to QR0.93 for the same period in 2025. Operating revenues stood at QR2.61 billion compared to QR2.45 billion in 2025, while operating profit reached QR546 million compared to QR516 million for the same nine-month period last year. Milaha Maritime & Logistics' bottom line increased by QR175 million compared to the same period in 2025, driven by strategic vessel redeployment and favorable industry-wide freight rates in the container shipping unit, as well as increased project cargo moves and establishment of landbridge corridors in the logistics unit, which more than offset weaker performance from the port operations joint arrangement. Milaha Gas & Petrochem reported a QR142 million decline in net profit compared to the same period in 2025, with QR111 million attributable to the divestment and one-time gains recognized from the sale of two very large gas carriers in 2025, along with weaker performance from the fully and partially owned fleet due to the impact of the regional conflict. Milaha Offshore's net profit decreased by QR104 million compared to the same period in 2025, driven by the impact of the regional conflict on operations and reduced engineering project activity. Milaha Marine & Technical Services reported a QR30 million decline in net profit compared to the same period in 2025, mainly due to reduced operations and disruptions linked to the regional conflict. Milaha Capital recorded a QR1 million increase in net profit compared to the same period in 2025. ## Milaha's Recent Partnerships and Dividend Milaha entered into MOUs with NEXX and KEC for the development and deployment of AI-enabled logistics solutions as part of its digital transformation strategy, according to akta.pro company records. The company signed a five-year integrated logistics services agreement with Qatar Airways, leveraging Milaha's logistics infrastructure and Qatar Airways' air cargo network. Milaha's ordinary general assembly approved the appointment of KPMG as auditors for 2026 and authorized distribution of a 45% cash dividend, or QR0.45 per share, for fiscal year 2025, the same records show. ## Milaha's Earlier 2026 Results Milaha reported a net profit of QR542 million for H1 2026, a 19% decline compared to QR672 million in the same period last year, despite a 6% increase in operating revenues to QR1.68 billion, the Gulf Times reported in August 2026. In April 2026, Enterpriseam reported that Milaha's net income dropped 20.6% to QAR 297 million, with logistics and offshore segments hit by conflict-related disruptions. NMDC Energy's net income fell 63% to AED 80 million in 1Q 2026, while revenues rose 33% to AED 5 billion, with the UAE accounting for 74% of revenue. ## Milaha's October 28 Investor Call Milaha will conduct an investor conference call on October 28, 2026, at 2pm Doha time, to further discuss its results. ## Companies in this story - [Milaha company profile](https://akta.pro/company-profiles/0008kqs/milaha) · website: http://www.milaha.com --- News for Agent · https://newsforagent.com/llms.txt