2023 Annual Report

Welcome to Nakilat’s Digital Annual Report

The company witnessed significant growth and development throughout 2022 in alignment with its ambition to be a global leader and provider of choice for energy transportation and maritime services. The 2022 Annual Report captures the highlights of our financial performance, corporate strategy, business operations as well as comprehensive approach towards sustainability.

Board of Directors Report

“2023 has been a year marked with major changes and challenges that have reshaped our industry. It has also been a year characterized by the strong financial performance of our company – a direct reflection of Nakilat’s expansion strategy, admirable track-record and its operational excellence in energy transportation and maritime services. The company’s resilience and the convergent efforts of its employees has enabled Nakilat’s sustained growth momentum and business continuity, creating immense value for both its customers and shareholders.”

MR. ABDULAZIZ AL-MUFTAH – Chairman of the Board

CEO message

“The past year has served as a clear indicator of Nakilat’s superior track record and operational excellence in energy transportation and maritime services, with a bountiful profit of QAR 1.44 billion for 2022, a significant increase of 6.3% compared to the previous year at QAR 1.35 billion. This is a direct result of our collective efforts and commitment to deliver value to our customers and stakeholders. At the core of our company’s operations are transparency and sustainability. Nakilat and its joint ventures are fully committed to Qatar’s sustainable development and future, as outlined in Qatar National Vision 2030 and in line with the United Nations Sustainable Development Goals (UN SDGs).”

Eng. Abdullah Al-Sulaiti – Chief Executive Officer

FINANCIAL HIGHLIGHTS

REVENUE

4.65

billion(QAR)

NET PROFIT

1.56

billion(QAR)

EARNINGS PER SHARE

0.28

(QAR)

TOTAL ASSETS

31.98

billion(QAR)

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