Qatar Airways Group reports $445 million net profit in FY2016

Credit: Rob Finlayson
Doha-based Qatar Airways Group recorded a net profit of QR1.62 billion ($445 million) for its 2016 fiscal year ended March 31, 2016, more than quadrupling its net profit of QR373 million in FY2015. Qatar’s net profit margin for FY2016 was 4.5%, up 3.4 points from the previous year. Qatar’s revenue...

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