Nakilat shareholders nod to QAR1.25/share dividends

By Eslam Salem

Doha – Mubasher: Qatar Gas Transport Limited QSC (Nakilat) obtained on Monday the approval of shareholders on distributing cash dividends at 12.5% of capital, or QAR 1.25 per share.

During an ordinary general meeting, shareholders also endorsed the balance sheet and profit/loss statement for the fiscal year 2015.

The Doha-listed company earlier paid cash dividends for FY14 at 12% of capital, or QAR 1.20 per share.

Nakilat's FY15 net profit rose 10% to QAR 984 million, from QAR 895 million a year earlier.

MUBASHER Contribution Time: 14-Mar-2016 16:25 (GMT)