Doha, April 21 (QNA) - Qatar Gas Transport Company Nakilat has reported a rise in net profit for the first quarter of 2026, despite what it described as geopolitical challenges affecting operations.
The company said profit increased by 1.3% year-on-year to QR 438.87 million, compared with QR 433.2 million in the same period last year, according to financial statements published on the Qatar Stock Exchange website.
Earnings per share remained unchanged at QR 0.08 for the three months ending March 31, 2026.
Chief Executive Engineer Abdullah Al Sulaiti said the company maintained operational performance during the quarter by implementing cost-control measures and mitigating negative impacts across its business segments.
He noted a decline in activity at its dry dock facilities, but said the company continued to focus on ensuring fleet reliability and maintaining safety standards.
Al Sulaiti added that Nakilat remained committed to providing consistent customer service "at all times and under all conditions." (QNA)