Doha – Mubasher: Qatar Gas Transport Company (Nakilat) announced that it discussed its consolidated financial statements for the first quarter of 2017 on Sunday.

Net profits stood at QAR 191 million in Q1-17, compared to QAR 240 million in Q1-16, according to a filing to the Qatar Stock Exchange (QSE).

Earnings per share (EPS) amounted to QAR 0.34 in Q1-17, compared to QAR 0.43 in the corresponding period of the year before, the statement added.

The Qatari company had previously reported a drop of 2.9% in profits reaching QAR 954.18 million in 2016, compared to QAR 982.3 million in 2015.

By 1:10 pm Qatar time, the stock rose 0.20 to QAR 20.48.