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FINANCIAL NEWS
Qatar Nakilat posts USD 65.84mn net profit
20 Apr 2016
(MENAFN) Qatar Gas Transport Co. (Nakilat), the shipping arm of Qatar’s LNG sector, recorded USD 65.84mn net profit for Q1 2016, up 8 percent.
Accordingly, the firm is pleased with its achievements, and its plan remains stable, while it is concentrating on maintaining a strong portfolio.
Moreover, it strategy also includes new business chances by acquiring new vessels that serve the global maritime industry.
In addition, whole firm revenue of USD 248.58mn increased by 4 percent compared to same period of last year.
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