Qatar's LNG shipping company Nakilat reports a 6.1% increase in Q1 2024 net profit to QR420m, driven by strong market demand, operational effectiveness, and cost management.
Qatar's leading LNG shipping company, Nakilat, reported a 6.1% rise in net profit to QR420m ($115.4m) for Q1 2024 compared to QR396m in Q1 2023. The company's total revenues increased by 1.2% to QR1.133bn, while total operating expenses fell by 1.4% to QR192m. Nakilat's strong market demand for its LNG shipping services, operational effectiveness, and cost management contributed to this financial success.
April 29, 2024
4 Articles