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Qatar Navigation Profits Drop Slightly

Qatar Navigation Profits Drop Slightly

A report shows that Qatar Gas Transport Company "Nakilat" experienced a 0.31% decrease in profits during the first half of this year, with its net profits reaching 856.96 million Qatari riyals compared to 859.63 million riyals for the same period last year. The results were negatively affected by the repercussions of regional developments on the maritime services sector, as activities related to ship repair, shipping agency, and LNG bunkering saw a significant decline. However, the company confirmed its continued commitment to providing liquefied natural gas transportation services, while implementing measures to control costs and ensure the stability of its operations and the reliability of its fleet.

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