Nakilat held its Annual General Meeting (AGM) today, chaired by His Excellency Dr. Mohammed Bin Saleh Al Sada, the Chairman of Nakilat’s Board of Directors. During the AGM, the Group reported a consolidated net profit of QR 1,003 million (1 billion and 3 million Qatari Riyals) in 2019, an increase of 12.4%.
Nakilat records highest profit of QAR 1,003 million since inception for FY2019, an increase by 12.4% from QAR 892 million
Qatar Gas Transport Company Ltd (NAKILAT) Q.P.S.C., its subsidiaries and associates (“Group”) today announced its financial results for the year ended 31 December 2019. The Group reported a consolidated net profit of QR 1,003 million in 2019, an increase of 12.4%, as compared to QAR 892 million for the same period in 2018.
Nakilat announced its financial results for the nine-month period ended 30 September 2019, with improved net profits of QR 728 million compared to QR 659 million during the same period last year in 2018, an increase of 10.5%.
Nakilat announced its financial results for the first half of the year ended 30 June 2019, with the company achieving a net profit of QR 476 million compared to QR 445 million during the same period in 2018, an increase of 7%.
Nakilat announced its financial results for the first quarter ended March 31, 2019 with a net profit of QR 236 million compared to QR 217 million of the same period last year in 2018, with an increase of 9%.
Nakilat has established a new joint venture (JV), ‘Global Shipping Co. Ltd.’, with shipping company Maran Ventures Inc. (Maran Ventures).
Nakilat has signed an agreement with McDermott to form a joint-venture (JV) company providing offshore and onshore fabrication services in Qatar.
Nakilat today reported financial results for its fiscal fourth quarter ended 31 December 2018, with a net profit of QR 892 million in 2018 (or QAR1.61 per share), an increase of 5.3%.