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Qatar: WOQOD profits fall 4.5% in 2025 H1
Qatar: WOQOD profits fall 4.5% in 2025 H1

Zawya

time16-07-2025

  • Business
  • Zawya

Qatar: WOQOD profits fall 4.5% in 2025 H1

Doha: Qatar Fuel (WOQOD) reported a 4.5-percent decline in net profits in the first half of 2025, reaching QR 460.434 million, compared to QR 481.923 million in the same period of 2024. The company's financial statements, published on the Qatar Stock Exchange (QSE) website on Tuesday, showed a decline in earnings per share to QR 0.46 for the period ending June 30, 2025, compared to earnings per share of QR 0.48 for the same period of 2024. CEO and Managing Director of Woqod Saad Rashid Al Muhannadi said that the Board of Directors has decided to distribute interim cash dividends of QR 0.40 per share. The dividends will be payable to shareholders on the 7th business day from the date of issuing the decision, i.e. at the close of trading on Wednesday, July 23rd. The Edaa will manage the distribution of interim cash dividends. © Dar Al Sharq Press, Printing and Distribution. All Rights Reserved. Provided by SyndiGate Media Inc. (

WOQOD warns of fake advertisements offering petroleum storage tanks for rent or sale
WOQOD warns of fake advertisements offering petroleum storage tanks for rent or sale

ILoveQatar.net

time29-05-2025

  • Business
  • ILoveQatar.net

WOQOD warns of fake advertisements offering petroleum storage tanks for rent or sale

The Qatar Fuel Company (WOQOD) has issued a public advisory on its social media pages, warning the public of fake advertisements on social media offering petroleum storage tanks for rent or sale. WOQOD confirms that the company does not manufacture these tanks and, therefore, they have not undergone the necessary quality control and inspection. WOQOD reminds the public that it is the only company licensed under Law No. 4 of 2003 to sell, distribute, and market all gas and petroleum products in Qatar. WOQOD advisory: ALERT REGARDING STORAGE TANKS #qatarfuelwoqod #woqod #qatar #doha #fuel #diesel #gasoline #gasoline #قطر #دوحة #ديزل #جازولين #وقود — WOQOD وقود (@QatarFuel_Woqod) May 29, 2025 The advisory reads: Dear Customers, There have been advertisements circulating on social media for the sale and rental of storage tanks in varying capacities for the storage of petroleum related products. Qatar Fuel Company announces that the said tanks have not been manufactured under its supervision to ensure their compliance with the quality, safety, health and environmental standards applicable in the petroleum products industry. Please also note that "WOQOD" is the only company licensed under Law No. 4 of 2003, as amended, to carry out the sale, transportation, distribution and marketing of all gas and petroleum products operations within the State of Qatar and is therefore responsible as per the Law No.4 of 1977 for ensuring that the safety, health and environmental requirements are met in all and any such operations. Source and cover image credit: WOQOD

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