DOHA: Qatar Fuel’s (Woqod) net profit touched QR229.3m in the first quarter of 2014, up 12.3 percent compared to QR204.1m for the same period of the year 2013.
Earnings per share (EPS) for the period amounted to QR3 as compared to QR2.4 for the same period last year. The total assets reached QR9.1bn compared to QR9.5bn for the first quarter of 2013.
Chief Executive Officer Ibrahim Jaham Al Kuwari said that the Board of Directors approved the financial results.
The Peninsula
