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WOQOD's net profit to QR407m with an increase of QR56m
- Qatar: Thursday, August 06 - 2009 at 09:19
- PRESS RELEASE
Mr. Mohamed Turki Al-Subai Vice Chairman and Managing Director of Qatar Fuel (WOQOD) announced that WOQOD has achieved excellent progress during this period, despite current global and international crises the company secured a net profit of QR407m in the first half of the fiscal year 2009 with an increase of QR56m, or 16% as compared to the same period of 2008.
Total assets increased to QR4.2bn compared to QR3.5bn for the same period of 2008 with an increase percentage of 20%, while shareholders equity increased to QR2.5bn, compared to QR1.6bn for the same period of 2008 with an increase percentage of 56%.
The Vice-Chairman and Managing Director emphasized WOQOD Commitment of continuous achievement and progress and full compliance with transparency and disclosure principles.
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For more information, please contact:Rania Majzoub
FP7 Doha
4th Floor - Pearl Tower
Al Sadd Street
P.O. Box 13645, Doha, Qatar
Tel : +974 4364385
Fax : +974 4364387
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