Qatar's Nakilat Q1 Profit Rises 7.7% - Gulf Business
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Qatar’s Nakilat Q1 Profit Rises 7.7%

Qatar’s Nakilat Q1 Profit Rises 7.7%

The company made a net profit of QAR222.4 million, it said in a statement.

Qatar Gas Transport Co (Nakilat), one of the world’s largest shippers of liquefied natural gas, posted a 7.7 per cent rise in first-quarter net profit on Sunday.

The company made a net profit of QAR222.4 million ($61.1 million), it said in a statement. This is up from QAR206.5 million a year earlier.

QNB Financial Services forecast Nakilat would make a quarterly net profit of QAR233.5 million.

Nakilat’s quarterly revenue was QAR873.2 million, up from QAR860.2 million in the corresponding period in 2014.

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