Doha, Qatar–The Qatar Gas Transport Company Ltd. (Nakilat) posted a 6.1 percent increase in net profit to $213 million in the first half of 2023 in comparison to a net profit of $201 million for the same period of 2022.
The company figures, published on the Qatar Stock Exchange (QSE) website on Wednesday, indicated an increase in earnings per share (EPS) to reach QR 0.014 as of 30th June 2023 versus earnings per share (EPS) QR 0.14 for the same period in 2022.
Nakilat was established in 2004 with a capital of QR 5.540 billion.
In March this year, Nakilat, the largest LNG shipping fleet owner in the world, 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 net profits of Nakilat increased by 6.3 percent in 2022, to reach QR 1.438 billion ($0,38 billion), compared to QR 1.353 billion ($0.36 billion) in 2021.
Nakilat was established in 2004 with a capital of QR 5.540 billion.
The Qatar Stock Exchange-listed Nakilat has 69 LNG vessels. In addition, the company operates the ship repair, industrial and offshore fabrication facilities at Erhama Bin Jaber Al Jalahma Shipyard in Ras Laffan Industrial City via strategic joint ventures.
Last week, Nakilat chose South Korea’s HSD Engine to supply spare parts and maintenance services for its fully owned LNG ships.