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FINANCIAL NEWS
Qatari Nakilat net profit hit USD245.5m in 2014
19 Feb 2015
(MENAFN) Qatar Gas Transport Company Limited (Nakilat) registered a net profit of USD245.5 million in 2014 compared to USD200.2 million in 2013, marking a 23 percent increase, Qatar News Agency reported.
The company’s operations achieved high profitability in all sections. This efficiency was clearly attested when the company added a number of LNG vessels to Nakilat’s fleet in 2014 and improved the liquefied petroleum gas (LPG) vessels’ performance.
The strong financial results mirror the strength, stability, and the company’s prudent strategy in exploiting valuable business opportunities and risk assessment, board of directors said.
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