FINANCIAL NEWS

Qatar’s Nakilat to allocate 12.5 percent cash payment

15 Mar 2016

(MENAFN) Nakilat will distribute a cash dividend to the shareholders equal to 12.50 percent of the nominal value of its capital, equal to USD 0.34 per share.

Moreover, the firm net profit increased at USD 269.95mn compared to USD 245.54mn for the year 2014 totaling to a 10 percent increase.

In addition, the growth is due to the company’s increase and shipping activities involving the addition of three new vessels to its LNG fleet across 2015.

The firm’s plan includes new business chances by requesting new vessels which serve the global maritime industry, and it also measures current investments.

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