Qatar Airways reported a net profit of QAR1.97 billion ($540 million), for the 2016-17 financial year, up 21.7% compared to net profit of QAR1.62 billion in FY2016. Profit margin was 5%, compared to the previous year’s figure of 4.5%. The Gulf carrier achieved the result on revenues of QAR39.4 billion, up 10.4% year-over-year (YOY). Qatar’s fiscal year 2017 was from April 1, 2016-March 31, 2017. Over FY2017, the airline carried 32 million passengers, up 19.8% YOY from 26.7 ...

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