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- Kuwait Bourse closes higher
- Barwa Real Estate posts QR239.5m net profit for Q1
- QIC Group reports net profit of QR205m for Q1
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- Nakilat reports $118.9m Q1 net profit, up 3.2%
30/04/2025 08:16 AST
Qatar Gas Transport Company (Nakilat) achieved a net profit of QAR433 million ($118.92 million) for the first quarter of 2025, ended March 31, marking a 3.2% increase from QAR420 million recorded in the same period of 2024.
This robust performance underscores Nakilat's resilience and strategic success in a dynamic global market, the company said.
Incurred total expenses of QAR673 million, reflected a decrease of 5.7%.
This sustained growth is attributed to Nakilat's strategic fleet expansion, operational excellence, and unwavering commitment to delivering clean energy worldwide. Despite a challenging economic landscape marked by uncertainty and elevated interest rates, Nakilat has solidified its industry leadership, leveraging long-term agreements and optimizing fleet utilization to drive efficiency and profitability, it said.
Eng Abdullah Al-Sulaiti, Chief Executive Officer of Nakilat, commented: "Nakilat's strong financial performance for the first quarter of 2025 highlight the success of our strategic vision and dedication to excellence. As we expand our fleet and enhance our capabilities, Nakilat continues to strengthen its standing as a global leader in the LNG shipping industry. The addition of new technologically advanced vessels and our long-term partnerships ensure we remain at the forefront of the evolving energy transportation landscape. We remain focused on sustainable growth, operational efficiency, and delivering long-term value to our shareholders and stakeholders."
Nakilat's expansion strategy is further strengthened by its commitment to sustainable energy transportation. The company remains on track with its newbuild programme, which includes state-of-the-art LNG carriers and LPG/ammonia gas carriers under construction, marked a significant milestone with two steel cutting ceremonies for a total of ten of its new LNG carriers and four LPG/ammonia gas carriers at Hanwha Ocean and HD Hyundai Samho shipyards in South Korea in March 2025.
Trade Arabia
13/03/2025
Qatar Gas Transport Company (Nakilat) marked a significant milestone with the steel cutting ceremony for eight of its new LNG carriers at Hanwha Ocean Shipyard in South Korea.
These vessel
Trade Arabia
29/03/2018
Nakilat recently held its fourth 'Annual Forum' for its Qatari employees. The event was an excellent platform for National employees to learn about the company's career development plans and programs
The Peninsula
13/03/2018
Nakilat is showcasing the world-class capabilities and infrastructure of Qatar's premier shipyard at the Doha International Maritime Defence Exhibition and Conference (DIMDEX).
Now in its s
The Peninsula
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| SAL | 185.20 | 3.20 (1.75 |
| QNNS | 10.93 | -0.07 (-0.64 |
| SGS | 50.30 | 0.80 (1.61 |
| BUDGETSAUDI | 75.00 | 1.00 (1.35 |
| LUMI | 61.90 | -1.00 (-1.59 |
30/04/2025
Barwa Real Estate discloses its financial statements for the three month period ended March 31, 2025.
The results showed a net profit of QR239.5m attributable to the shareholders of the pare
The Peninsula
30/04/2025
Qatar Insurance Group, the leading insurer in Qatar and the MENA region, has announced a robust net profit of QR205m for the first quarter of 2025, up from QR194m in Q1 2024. The results were approve
The Peninsula
30/04/2025
Americana Restaurants has turned around its fortunes with revenues up 16.2% in Q1-2025, to total $573.4 million, and with net profit a healthy 16.5% higher to $32.6 million. This reverses a string of
Gulfnews
30/04/2025
Aldar Properties has reported a 33% year-on-year increase in profit before tax to AED2.2 billion ($599 million) for the first quarter of 2025, with net profit after tax rising by 22% year-on-year to
Trade Arabia
30/04/2025
Gulf Warehousing Company (GWC) has announced the launch of one of the GCC's largest private solar energy projects - supercharging its sustainability efforts and cementing its role as a trailblazer in
Trade Arabia
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