Qatar Gas Transport (Nakilat) on Wednesday reported a 4.8% year-on-year hike in its profits for the second quarter of 2018.
Net profits amounted to QAR 227.96 million ($62.62 million) in Q2-18, compared to QAR 217.49 million ($59.74 million) in Q2-17, according to the company’s statement to the Qatar Stock Exchange (QSE).
For the first six months of 2018, Nakilat’s profits advanced 4.8% to QAR 444.66 million, versus QAR 408.89 million in the prior-year period.
Earnings per share (EPS) recorded QAR 0.80 for the three-month period ended last June, compared to QAR 0.74 per share for the same period a year before, the statement showed.
For the first quarter of 2018, Nakilat’s profits jumped 13.3% year-on-year to QAR 216.7 million.
By the of Wednesday’s session, Nakilat’s stock rose 0.38% at QAR 16.