CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

Business / Qatar Business

Nakilat posts QR756m 2013 operating profit

Published: 25 Feb 2014 - 12:55 am | Last Updated: 25 Jan 2022 - 07:58 pm

DOHA: Qatar Gas Transport Company (Nakilat) yesterday reported an operating profit of QR756m ($207.60) for the year ended December 31, 2013. 

The board has recommended to distribut a cash dividend of QR1.1 per share (equal to 11 percent of the nominal value of its capital) to its shareholders, which is subject to approval by the Ordinary General Assembly to be held on March 18.
The board yesterday held its meeting chaired by H E Dr Mohamed bin Saleh Al Sada, Minister of Energy and Industry, who is also the Chairman of the Board of Nakilat. 
The board of directors also discussed the topics on its meeting agenda, including the financial results of the company for the year, where the company’s operating profit reached QR756m, while net profit of the company after derivative instruments’ costs reached QR730m. 
The Peninsula