Qatar · Delayed Price · Currency is QAR Qatar Gas Transport Company Limited (Nakilat) (QPSC) Earnings Call Transcripts
Fiscal Year 2026
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Net profit rose 1.3% year-over-year to QAR 439 million, with revenue boosted by new segment consolidations. Shipyard and marine activities declined due to geopolitical factors, but long-term LNG shipping demand and disciplined investment strategy support a positive outlook.
Fiscal Year 2025
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Net profit rose 3.1% to QAR 1.69 billion in 2025, driven by higher LNG and LPG revenues and disciplined cost management. Major fleet expansion is set for 2027, with strong cash flow and liquidity supporting ongoing investments and shareholder returns.
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Net profit rose 3% year-over-year to QAR 1.31 billion, driven by higher vessel utilization and the consolidation of Qatar Shipyard Technology Solutions. The company advanced its 40-vessel newbuild program, maintained strong liquidity, and expects long-term growth from rising Asian LNG demand.
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Net profit rose 3.7% year-over-year to QAR 860 million on higher revenue and strong vessel utilization, while EBITDA dipped 1% due to lower interest income and JV contributions. Interim dividend of QAR 7.2 per share was approved, and the company remains on track with its fleet expansion and disciplined capital allocation.
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Net profit rose 3.2% year-over-year to QAR 433 million in Q1 2025, driven by stable long-term charters, cost management, and higher revenue from wholly owned vessels. Liquidity and capital structure remain strong, with stable outlook for JV and wholly owned fleet performance.
Fiscal Year 2024
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Reported record net profit of QAR 1.64 billion for FY2024, with strong operational efficiency and a major fleet expansion underway. Cash balance declined due to newbuild investments, but leverage and liquidity remain well managed. LNG shipping market outlook is robust through 2030.
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Q3 2024 profit rose 7.2% year-over-year to QAR 1.28 billion, with stable EBITDA and a slight revenue dip. Major new build program and interim dividend highlight growth, while robust risk management addresses market volatility.
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Net profit rose 7% year-over-year to QAR 829 million, with stable revenue and a proposed interim dividend. Major fleet expansion is underway, and hedging strategies are in place to manage interest rate risk. Long-term LNG shipping demand remains strong, especially in Asia.