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Nakilat profit jumps 4.8%

Qatar Gas Transport Company Ltd. was founded in 2004.
By TRENDS Desk
October 16, 2023 2:30 pm
  • Its earnings per share (EPS) amounted to QR 0.21 as of Sep. 30, 2023, versus EPS of QR 0.20 for the same period in 2022
  • The company, in March, obtained approval to raise the ceiling for non-Qatari ownership in the company's capital to 100%

Doha, Qatar–Qatar Gas Transport Company Ltd. (Nakilat) has reported a 4.8 percent increase in net profit to $327 million during the third quarter of 2023.

In a statement on the QSE website, Nakilat disclosed the interim financial statement for the nine-month period ending Sep. 30, 2023.

The Earnings per Share (EPS) amounted to QR 0.21 as of Sep. 30, 2023, versus EPS of QR 0.20 for the same period in 2022.

In March this year, the company announced that it had obtained all the necessary approvals to raise the ceiling for non-Qatari ownership in the company’s capital to 100 percent.

The company said in a statement published on the Qatar Stock Exchange (QSE) website that, accordingly, the necessary amendment was made with the Qatar Central Securities Depository Company (QCSD), with immediate effect.

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