Qatar Gas Transport Company (Nakilat) reported a net profit of QAR1.29 billion (US$350 million) for the period ended September 30, 2026.
The result was 1.5 per cent lower than the QAR1.31 billion (US$360 million) recorded for the corresponding period of 2025.
Revenue for the period stood at QAR3.61 billion (US$990 million), according to the company's investor relations figures, with earnings per share of QAR0.23 (US$0.06) and total assets of QAR40.9 billion (US$11.2 billion).
"The ongoing regional situation continued to affect activities within our marine services segment, including ship repair, shipping agency, and towage services," said Nakilat CEO Abdullah Al Sulaiti.
He added that the company had implemented cost control initiatives while maintaining its core activities and the reliability of its fleet.
The same three businesses were identified as affected in Nakilat's first half results in July, when net profit for the six months ended June 30 came in at QAR857 million (US$235 million), compared with QAR860 million (US$238 million) a year earlier.
Nakilat currently has 40 vessels being built at shipyards in South Korea and China. The company said deliveries in the first phase were proceeding according to plan, and several significant steps in construction were completed during the period.
These included the September 30 naming of Energy North, an LPG/ammonia carrier with a capacity of 88,000 cubic metres and the first vessel delivered under a six-ship order at HD Hyundai Samho in Yeongam. That order comprises four LPG/ammonia carriers and two 174,000-cubic-metre LNG carriers.
The wider programme also covers 25 conventional LNG carriers that Nakilat will own and operate for QatarEnergy's North Field expansion, and nine 271,000-cubic-metre LNG carriers being built in China for long-term charter to QatarEnergy.
