Nakilat's profit up 19% in Q1
Qatari shipping company Nakilat on April 17 said its net profit for the first quarter ended March 31 (Q1) was up 19.3% year/year owing to savings in finance charges.
The state-owned firm achieved a net profit of 382mn Qatari riyals ($104.9mn) compared with a net profit of 320.1mn Qatari riyal during the same period last year. Total revenue came in at 1.06bn Qatari riyals, up 5.6% yr/yr.
|
Advertisement: The National Gas Company of Trinidad and Tobago Limited (NGC) NGC’s HSSE strategy is reflective and supportive of the organisational vision to become a leader in the global energy business. |
Nakilat has a fleet of 74 vessels including 69 LNG carriers, four LPG carriers and one FSRU.