Qatar Fuel Company Q.P.S.C.Woqod Reports Earnings Results for the Full Year Ended December 31, 2020
January 22, 2021 at 01:33 pm EST
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Qatar Fuel Company Q.P.S.C.WOQOD announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was QAR 13,245.433 million compared to QAR 22,446.258 million a year ago. Net income was QAR 707.425 million compared to QAR 1,216.382 million a year ago. Basic earnings per share from continuing operations was QAR 0.71 compared to QAR 1.22 a year ago.
Qatar Fuel Company QPSC is a Qatar-based company primarily engaged, together with its subsidiaries, in the sale and distribution of refined petroleum products manufactured by Qatar Petroleum; vehicle inspection services; marine supply services; the activities of oil and gas transportation between ports, and real estate services. The Companyâs main business activities include service stations, fuels distribution, Liquefied Petroleum Gas (LPG) provision, ship to ship bunkering, bitumen distribution and lubricants provision. The Company is active domestically and operates through its subsidiaries: Qatar Jet Fuel Company QSC, which is involved in the supply of aviation fuel for commercial and private aircraft; WOQOD Vehicle Inspection Company (Fahes) SPC is involved in the provision of vehicle inspection services; WOQOD Marine Services Company SPC, which is vessels owner and operator, and WOQOD International Company SPC, among others.
QATAR FUEL COMPANY Q.P.S.C. ("WOQOD") 
