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    Nakilat books record profit in 2021

Summary

Revenue during the year was 4.14bn riyals, up 3.1% yr/yr.

by: Shardul Sharma

Posted in:

Complimentary, Natural Gas & LNG News, Middle East, Liquefied Natural Gas (LNG), Corporate, Financials, News By Country, Qatar

Nakilat books record profit in 2021

Qatari shipping company Nakilat on February 6 reported a record profit of 1.35bn riyals ($378.8mn) for the 12 months to December 31, up 16.7% year/year.

Revenue during the year was 4.14bn riyals, up 3.1% yr/yr. The company has announced a cash dividend at 0.12 riyal/share.

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Nakilat last month took delivery of a newbuild LNG carrier, Global Sealine, which will be commercially and technically managed in-house by Nakilat Shipping Qatar. Global Sealine will be commercially and technically managed in-house by Nakilat Shipping Qatar.