Chairman of Nakilat, Eng. Abdulaziz Jassim Al Muftah with other Board of Directors during the AGM.
Doha, Qatar: Nakilat convened its Annual General Meeting (AGM) yesterday, chaired by Eng. Abdulaziz Jassim Al Muftah, Chairman of Nakilat’s Board of Directors. The AGM presented an opportunity for discussion of the financial results, in which Nakilat achieved a record consolidated earnings results, with a net profit of QR1.64bn for the fiscal year 2024, reflecting an impressive 5.1% growth compared to 2023.
The meeting also provided a comprehensive overview of key activities conducted in 2024. The General Assembly approved the Group’s financial statements for the fiscal year ended 31 December 2024. It endorsed the Board of Directors’ recommendation to distribute cash dividends of 7 Qatari Dirhams per share for the second half of year 2024.
Nakilat Chief Executive Officer Eng. Abdullah Al Sulaiti highlighted the company’s achievements over the past year, stating: “The year 2024 witnessed the continued expansion of the fleet through contracts that were signed to support the growing demand for the transportation of clean energy. With the completion of these projects, Nakilat’s fleet will reach 114 vessels, which enhances our leadership in the field of energy transportation and our ability to meet the growing global energy needs. Our consolidated net profit of QR1.64bn reflects our operational excellence and a testament to the dedication and professionalism of our team." Nakilat has released its 2023 Environmental, Social, and Governance (ESG) Report, aligning with global international standards, which has received independent assurance for the fourth consecutive year, enhancing its credibility and underscoring Nakilat’s sustained efforts to advancing sustainability in energy transportation and maritime services.
