Mubasher: Qatar Fuel (WOQOD) on Monday announced that its general assembly approved distributing a cash dividend of QAR 0.8 per share to shareholders for the year ended 31 December 2017.

Cash dividends will be distributed from the net profits of 2017, according to the company’s statement to the Qatar Stock Exchange (QSE).

Woqod’s profits rose 9.2% to QAR 964 million during the full-year 2017, up from QAR 883 million a year earlier.