Profit rise for Nakilat

Qatar firm posts $56.66 million profit in Q1.


 The Middle East’s largest transporter of liquefied natural gas, Nakilat, has posted a 16.6 per cent rise in first quarter profit.

According to a statement by the company, the Qatar firm made a profit of US$56.66 million in the three months to March 31, up from $48.6m in the year-earlier period.

QNB Financial Services had forecast Nakilat would make a quarterly profit of $56.5m.

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