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WOQOD announces QR707m net profit for 2020
 21 Jan 2021 - 8:48
The Peninsula
Doha: Qatar Fuel Company, (WOQOD) net profit for 2020 (excluding minority rights) amounted to QR707m, compared to an amount of QR1.216bn achieved in the past year 2019, representing a decrease rate of 42 percent. Earning by share for the period amounted to QR0.71, compared to QR1.22 for the past year, while Shareholders Equity decreased by about 1.3 percent to reach about QR8.6bn compared to QR8.7bn for 2019. 
The decline in net profit and earnings per share was attributed to the slowdown caused by the spread of the COVID-19 corona pandemic, which the company managed to reduce its negative impacts by taking several proactive steps and initiatives to ensure continuity of its business under these critical circumstances, in addition to the continuation of the company’s efforts to implement its policy of increasing efficiency and rationalizing expenditures, which had a significant impact ....

Ad Daw Ah , State Of Qatar , Al Muhannadi , Ahmed Saif Al Sulaiti , Saad Rashid Al Muhannadi , Service Localization Initiative , Qatar Fuel Company , Shareholders Equity , Managing Director , Annual Shareholders General Assembly , நிலை ஆஃப் கத்தார் , சேவை உள்ளூராக்கல் முயற்சி , கத்தார் எரிபொருள் நிறுவனம் , பங்குதாரர்கள் பங்கு , நிர்வகித்தல் இயக்குனர் , ஆண்டு பங்குதாரர்கள் ஜநரல் சட்டசபை ,