Doha: Qatar Fuel Company's net profit for the nine-month period ending September 30, 2025, fell 2.55 percent to reach QR 751.59 million in comparison to QR 771.3 million for the same period of the previous year.
According to Qatar News Agency, the company's earnings per share amounted to QR 0.76 as of September 30, 2025, versus QR 0.78 for the same period in 2024. The decrease in net profit and earnings per share was mainly attributable to lower income from non-fuel business and other income driven by prevailing market conditions.
Managing Director and CEO Saad Rashid Al Muhannadi pointed out that the company during the same period signed construction contracts for three stations located in Al Wukair, Muaither-Al Wukair, and Al-Sakhama areas. Furthermore, two stations are currently in the design while some other stations are in the land allocation process, stressing that WOQOD's plan in stations construction is a dynamic plan whereupon the stations are built on as and when required basis i.e. as per the current and future requirements to build/avail a petrol station. He further explained that the company has completed installation of 25 Electrical Vehicle Chargers EVC in 19 petrol stations in cooperation with KAHRAMAA. Al Muhannadi also explained that the company has embarked on initiatives to increase the income from non-petroleum products segments.