Qatar Nakilat posts USD 65.84mn net profit


(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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