Woqod Net Profit Up 9.1% to QR964 million; Board Recommends QR8 per share
in Dividends
February 28, 2018
Qatar Fuel Company (Woqod) disclosed its financial statements
for the period ended on 31 December 2017, with a net profit of
QR964 million, an increase of 9.1% compared to QR883 million for
the same period last year.
The company’s earnings per share amounted to QR9.7 for the
fiscal year ended on 31 December 2017 compared to QR8.9 for the
same period last year.
In
addition to that, the Board of Directors proposed the
distribution of QR8 in cash dividends.
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