Nakilat records highest ever profit of QR1,354m for 2021 – The Peninsula Qatar

Nakilat records highest ever profit of QR1,354m for 2021 – The Peninsula Qatar

Doha: Qatar Gas Transport Company Ltd (NAKILAT) Q.P.S.C., its subsidiaries and associates (“Group”) yesterday reported a consolidated net profit of QR1,354m in 2021, an increase of 16.7 percent, as compared to QR1,161m for the same period in 2020. For this period, the Board recommends a cash dividend at QR0.12 per share.

During 2021, the COVID-19 global pandemic continued to create very challenging and volatile conditions across the global shipping as well as maritime industry. With solid business continuity and long-term strategies in place, Nakilat remained steadfast in steering forward its vision and delivered excellence on both operational and financial fronts. Nakilat’s resilient business model has allowed the company to generate sustainable returns for its long-term shareholders. The revenue increased by 3.1 percent to QR4,142m in 2021.