Qatar Fuel Company (Woqod) Net profit in 2022 rises 10% to 1.07 billion riyals and recommends the distribution of cash dividends of 90% of the nominal value of the share


Qatar Fuel Company announced the annual financial statements for the period ending on December 31, 2022, with a net profit of 1,070,065,000 Qatari riyals, compared to a net profit of 974,026,000 Qatari riyals for the same period of the previous year.
Earnings per share amounted to 1.08 Qatari riyals for the year December 31, 2022, compared to earnings per share of 0.98 Qatari riyals for the same period of the previous year.
The Board of Directors proposed distributing cash dividends to shareholders for the year 2022 at the rate of 90% of the nominal value of the share (at the rate of 0.90 Qatari riyals per share). The proposal of the Board of Directors is subject to the approval of the General Assembly.


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