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FINANCIAL NEWS
Qatar’s Nakilat records USD137.45mn net profit
14 Jul 2016
(MENAFN) Nakilat, Qatar’s shipping arm of liquefied natural gas sector (LNG), posted a net profit of USD137.45mn in H1 of this year, up 2 percent compared to USD134.7mn in 2015.
Moreover, the grow in the firm’s profits reflects the positive increase of Nakilat’s operating activities in transporting LNG and better performance of its liquefied petroleum gas.
On the other hand, the firm’s LNG joint venture operations continue to support Nakilat’s financial results, permitting it to value-add to its shareholders.
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