Doha-Mubasher: Qatar Gas Transport (Nakilat) posted on Tuesday a net profit of QAR 240 million ($65.96 million) in the first quarter of fiscal 2016, increasing 8.1% from QAR 222 million ($61 million) in Q1-15.
Earnings per share reached QAR 0.43 ($0.12) in Q1-16, compared to QAR 0.40 ($0.11) in the same period of 2015, according to a bourse filing released on Tuesday.
Nakilat's FY15 net profit rose 10% to QAR 984 million ($270.21 million), from QAR 895 million ($245.77 million) a year earlier.
The company’s stock declined during today’s trading by 0.34% to QAR 23.40 ($6.43).
