Doha – Mubasher: Qatar Gas Transport Company will announce its first-quarter financial statements on 23 April, according to the company’s statement to the Qatar Stock Exchange (QSE).

Nakilat’s profits slid 8.7% in the fourth quarter of 2016 reaching QAR 206.38 million, compared to QAR 226 million in the same period in 2015.

The company achieved profits worth QAR 954.18 million in 2016, compared to QAR 982.3 million in the year before, showing a drop of 2.9%.

In March, the ordinary general meeting (OGM) approved the board’s recommendation to distribute 10% of the par value of the shares as cash dividends for 2016 at QAR 1 per share.