Woqod Profits Down 5% for 1Q of 2025


Doha: Qatar Fuel (Woqod) (a Qatari public shareholding company) achieved a net profit of QR 230,486,000 during the first quarter of 2025, compared to QR 243,469,000 during the same period in 2024, representing a 5% decline.



According to Qatar News Agency, a company statement published on the Qatar Stock Exchange website Tuesday indicated that earnings per share amounted to QR 0.23 in the first quarter of 2025, compared to QR 0.24 for the same period of the previous year.



It is worth noting that Qatar Fuel (Woqod) was established in 2002 and its capital is QR 994.255 million.