Qatar Fuel QPSC (QFLS)

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News

5 April 2017 00:36 PM Woqod opens new station in Doha

Doha - Mubasher: Qatar Fuel Company (Woqod) opened a new petrol station in Umm Ghawilina in east Doha on Monday, 3 April, the company said on Wednesday. This is the company’s second petrol station in 2017 after the one in Abu Nakhlah, which was …

Companies Investments

2 April 2017 03:16 PM Woqod changes date for Q1 financial disclosure

Doha - Mubasher: Qatar Fuel Company (Woqod) on Sunday announced changing the date for discussing the first quarter financial statements, according to the company’s statement to the Qatar Stock Exchange (QSE). The company changed the date to 26 …

Management Decisions

28 March 2017 10:54 AM Woqod appoints new CEO

Doha – Mubasher: Qatar Fuel Company (Woqod) has appointed Saad Al Mohannadi as its CEO to replace Ibrahim Jahham Al Kuwari, effective as of 1 April 2017, according to a bourse statement. The company’s stock fell 0.22% to QAR 135.7, generating QAR …

Board of Directors

6 March 2017 01:07 PM Qatar Fuel OKs cash dividends, bonus shares for 2016

Doha – Mubasher: Qatar Fuel (Woqod) on Monday announced that its shareholders approved a cash dividend, as well as a bonus share distribution for fiscal year 2016. The company’s general meeting nodded to a cash dividend of QAR 7 per share, …

Corporate Actions

25 January 2017 11:38 AM Ooredoo, Woqod to discuss Q4 results in February

Mubasher: Ooredoo and Qatar Fuel (Woqod) said Wednesday that their financial results for the fourth quarter of the fiscal year 2016 on 16 and 22 February respectively, according to bourse filings. Ooredoo earlier posted a net profit of QAR 370 …

Event

19 December 2016 10:54 AM Woqod allocates QAR 605m for capital projects in 2017

Doha – Mubasher: Qatar fuel’s (Woqod) board of directors estimated expenditure on capital projects at QAR 605 million for the fiscal year 2017. The company’s board held its sixth ordinary meeting on Thursday, 15 December, in which it approved the …

Companies Investments

4 December 2016 09:46 AM Woqod opens 5 new fuel stations

Doha – Mubasher: Qatar Fuel (Woqod) opened last Wednesday four new fuel stations Old Al Ghanim, Al Thameed, Msheireb and Old Al Rayyan areas. The fifth station will be opened this week in Al Shamal City, according to a bourse filing released on …

Companies Investments

30 October 2016 08:57 AM Woqod profits decline 30% in Q3

Doha – Mubasher: Qatar Fuel (Woqod) posted a 30.1% year-on-year decrease in its profits during the third quarter of 2016, according to a bourse statement. Net profits reached QAR 264.64 million ($72.62 million) in Q3-16, compared to QAR 378.36 …

Financial Results

20 October 2016 00:01 PM Woqod to launch 10 fuel stations

Doha – Mubasher: Qatar Fuel (Woqod) plans to launch 10 new fuel stations, which are set to start operating this month, Qatar News Agency (QNA) reported on Thursday. Woqod’s CEO, Ibrahim Jaham Al Kuwari, said that construction works have been …

Companies Investments

4 October 2016 08:40 AM Four QSE-listed firms set Q3 financial disclosures date

Doha – Mubasher: Four Companies listed on the Qatar Stock Exchange (QSE) announced on Tuesday the disclosure date of their financial statements for the third quarter of fiscal 2016. Qatar National Cement’s financial statements for Q3-16 on 12 …

Event

4 August 2016 07:11 AM Woqod posts 2% fall in Q2 profits

Doha – Qatar: Qatar Fuel (Woqod) registered a decline of 2% in profits during the second quarter of 2016 to QAR 297.7 million ($81.68 million) as compared to QAR 303.7 million ($83.32 million) in the same period the prior year. Earnings reached …

Financial Results

20 July 2016 10:47 AM Woqod to announce H1 results 4 August

Doha – Mubasher: Qatar Fuel Company (Woqod) said Tuesday that it will disclose its financial statements for the first half of the fiscal year 2016 on 4 August, according to a bourse filing. Woqod earlier posted a net profit of QAR 242.7 million …

Financial Results

27 April 2016 09:08 AM Woqod sees growth in quarterly profits

Doha-Mubasher: Qatar Fuel (Woqod) posted a 2.3% rise in its first-quarter profits, according to a bourse statement. Profits reached QAR 242.7 million ($66.6 million) in the first quarter of 2016, compared to QAR 237.3 million ($65.1 million) in …

Financial Results

6 March 2016 10:59 PM Qatar's Woqod plans to build 18 new stations in 2016

By Islam Salem Doha-Mubasher: Qatar Fuel (Woqod) plans to build 18 new stations in 2016, as part of its expansion strategy, said Chairman Saoud Al-Thani. On the sidelines of the general meeting held on Sunday, the Chairman told Mubasher that some …

Companies Investments

6 March 2016 07:46 PM Woqod shareholders approve cash dividends, bonus shares

By Islam Salem Doha-Mubasher: Qatar Fuel's (Woqod) general meeting held on Sunday approved the board's recommendation on paying 82% cash dividends (QAR 8.2 a share) and 8% bonus share distribution (8-for-100). Shareholders also endorsed balance …

General Assembly

1 March 2016 05:08 PM Woqod sets 6 March for OGM

Doha-Mubasher: Qatar Fuel Company (Woqod) announced that its ordinary general meeting (OGM) will be held on 6 March. The OGM will discuss paying cash dividends at 82% of the company’s capital totalling QAR 692.57 million and bonus shares at 8% or …

Event

16 February 2016 08:31 AM Woqod posts 33% fall in Q4 profit

Doha – Mubasher: The financial results of Qatar Fuel (Woqod) showed a 33.1% decline in the company’s profit in the fourth quarter of the fiscal year 2015. Net profit decreased in Q4-15 to QAR 368.32 million from QAR 276.73 million in the same …

Financial Results

24 January 2016 11:24 AM Qatar’s Woqod kicks off petrol station in Sawda Natheel

Qatar-Mubasher: Qatar Fuel (Woqod) has opened its 32nd petrol station in Sawda Natheel area, the state’s news agency reported. The move comes in line with the company’s commitment to meet the fuel and energy needs of Qatar and as part of its …

Companies Investments

17 January 2016 09:15 AM Qatar's Woqod hikes up gasoline prices

Doha – Mubasher: Qatar Fuel (Woqod) announced adjustments in gasoline prices, as super gasoline rose by 30% to QAR 1.3 per litre, and the premium gasoline jumped 35% to QAR 0.85 a litre as of last Friday. The state fuel company, listed in Qatar …

Macroeconomics

14 December 2015 09:08 AM Woqod intends to open 4 new stations before year end

Doha – Mubasher: Qatar Fuel (Woqod) announced on Monday that it will open three or four fuel stations by the end of 2015, in the frame of the company’s efforts to meet growing demand on such stations in the country and the growth in population …

Companies Investments

7 December 2015 10:45 AM Woqod board and shareholders to hold meetings 9 March

Doha – Mubasher: Qatar Fuel (Woqod) on Monday set 6 March, 2016 for its ordinary general meeting and extraordinary general meetings, and 9 March  as an alternative date. Woqod’s net profit in the first nine months of this year reached QAR 884.8 …

Event

2 December 2015 09:13 AM Woqod board to discuss Q4 financials on 15 Feb

Doha – Mubasher: Qatar Fuel (Woqod) announced on Wednesday that its board of directors will meet on 15 February, 2016 to discuss the financial statements for the fourth fiscal quarter (Q4) ended on 31 December, 2015. Woqod earlier posted a net …

Event

30 November 2015 09:24 AM Woqod’s BoD to discuss next year’s budget on 16 Dec.

Doha – Mubasher: Qatar Fuel’s (Woqod) board of directors (BoD) will meet on 16 December to discuss the 2016 budget, the company announced on Monday.   Woqod earlier posted a net profit of QAR 884.8 million in the first nine months of 2015, …

Event

22 November 2015 08:37 AM Woqod plans to invest QAR 330m in fuel stations next year

Doha – Mubasher: Qatar Fuel (Woqod) plans about QAR 330 million investments in fuel stations and technical examination centers during 2016, Engineer Ahmed Ali Mirza, manager of engineering services at Woqod, announced on Sunday. Mirza, at an …

Companies Investments

15 July 2015 10:35 AM Woqod H1 profits rise to QAR 541m

Doha-Mubasher: Qatar Fuel’s (Woqod) profits slightly rose by 2% during the six-month period ended 30 June 2015, reaching QAR 540.9 million ($148.4 million) from QAR 530 million ($145.4 million) in the same period of 2014. Financials showed an …

Company News