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 QAR 540.4 million in the first half of 2016, down by 0.11% from QAR 541 million in H1-15, according to a statement issued Wednesday.

Earnings per share remained at QAR 91.22 for H1-16, Woqod said.