Qatar Fuel’s Net Profit Rises by 9% to QAR 548 Million in the First Half of 2019

July 17, 2019

Qatar Fuel Company (Woqod) today announced its audited financial statements for the six-month period ended June 30, 2019. The statements show that the company achieved a net profit (excluding minority interests) of QAR 548 million, compared to QAR 503 million for the same period in 2018, an increase QAR 45 million or 9%.

Woqod’s earnings per share amounted to QAR 0.55 in the first half of 2019, an increase of 8%, versus QAR 0.51 in the corresponding period of 2018.