Nakilat's First-quarter Profit Growth Of 13%

- Apr 26, 2018-

Qatar's LNG shipping company Nakilat recently announced its first-quarter results in 2018. The company’s net profit rose 13% year-on-year in the first quarter of this year. welding overlay flange


Nakilat said that in the first quarter of 2018, the net profit was 217 million riyals (about 59.6 million US dollars), which was an increase from 191.14 million riyals (about 52.6 million US dollars) in the same period of last year. In a statement, the company said that through its recent expansion with Maran Gas Ventures, rationalization of operating costs, improved operational efficiency and increased international investment portfolio, positive results were achieved throughout the operation, including two other LNG shipments. the company.


After adding two LNG boats in March 2018, Nakilat and Maran Gas currently have 15 ships together. In addition, the recent strategic alliance has enabled the Nakilat fleet to reach 69 ships. pipe fittings


In addition, Nakilat also stated that the company has become the first company in Qatar to pass the ISO 45001:2018 Occupational Health and Safety Management System (OH&S) standard certification company. The certification was issued by the Quality Assurance Department of the Labor Classification Society. butt weld fittings