Doha: Qatar Gas Transport Company Limited (Nakilat) net profits increased by 7.2 percent in the first nine months of 2024 to reach QR 1.28 billion, compared to QR 1.19 billion in the same period last year.
Data issued by the company and published on the Qatar Stock Exchange (QSE) website today showed an increase in earnings per share to reach QR 0.23 in the period ending Sep. 30, 2024, compared to earnings per share of QR 0.21 for the same period of the previous year.
Chief Executive Officer of Nakilat Eng. Abdullah Al-Sulaiti said: “Nakilat’s strong performance this quarter reflects our ongoing efforts to enhance operational efficiency. As the global demand for clean energy transportation continues to grow, we remain committed to driving innovation and pursuing long-term growth. Our expansion projects, coupled with our dedication to sustainability, safety, customer-centricity and the highest industry standards, have enabled us to maintain our leadership in the maritime industry.” The company continues to p
rogress with its construction of advanced LNG and LPG/Ammonia carriers, scheduled for delivery in the coming years.
These new vessels, along with Nakilat’s strategic long-term contracts, position the company to meet the growing global energy demands while increasing fleet efficiency. Upon completion of the delivery of all the vessels, Nakilats fleet will expand to 114 vessels, further reinforcing its leadership in the global clean energy transportation market.
Source: Qatar News Agency